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59 Park Street, Melrose MA 02176

Melrose, MA 02176
$525,000
Est. $3,284/month
3
Beds
2
Baths
1,277
Sq Ft
$411
Price/Sq Ft
0.09
Acres
1957
Year Built
6
Days on Market
Closed Listed Oct 26, 2016 • MLS# 72086131 Copied!

About this home

Welcoming and beautifully maintained Raised Ranch simply awaits your furniture! Set near the Common and Hoover School, this location is convenient to the Fells Recreation spots, Oak Grove & Melrose's envied downtown. Open concept living as the expansive living rm opens directly to the kitchen with the dining rm adjoining. The living rm is bathed in beautiful natural light through the picture window and centers around the wood-burning fireplace. The kitchen boasts granite counters, newer cabinets and appliances offering outstanding storage. The dining room hosts built-ins and opens to the rear deck overlooking a “just-right” size yard with pretty plantings. The main bath, renovated in 2015, features a marble topped vanity and vintage-style subway tile shower. Two well-sized bedrooms, one with walk-in closet, round off this floor. Master bedroom is generously sized and boasts an en-suite. One car garage. Stellar space plus newer windows, roof and heating system make this a smart buy!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1957
Bedrooms
3
Full Bathrooms
2
Living Area
1,277 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $465,000
Final Sale Price: $525,000
Difference: +$60,000 (+12.9%)
Performance Metrics
112.9%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $364
Sale $/sq ft: $411
This property sold for $411 per square foot
Sale Summary

This property sold for 12.9% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$411/sq ft
Area Average
$608/sq ft
Difference
32.3%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1957
Living Area 1,277 sq ft
Lot Size 0.09 acres
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Baseboard, Oil
Cooling None
Flooring Wood, Tile, Carpet, Concrete, Other
Appliances Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement None
Laundry Electric Dryer Hookup, First Floor
Features None

Exterior

Construction Frame
Architecture Raised Ranch
Roof Shingle
Features Deck, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $5,153
Assessed Value $417,900

Interior Features

Flooring: Wood, Tile, Carpet, Concrete, Other
Appliances: Water Heater, Tankless Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement:
Laundry: Electric Dryer Hookup, First Floor
Security: Security System

Construction & Materials

Style: Raised Ranch
Year Built: 1957
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 3
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Fenced Yard, Garden
Patio & Porch: Deck
Fencing: Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Attached, Under, Garage Door Opener, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, T-Station

Location

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Neighborhood

59 Park Street, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School District
Melrose School District local
A
School Safety 2024-25
0.6% Low
0.4% Suspensions 0.4% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

7 schools
St. Mary Elementary School
0.7 mi
Grades PK-08
A-
Herbert Clark Hoover School
0.4 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A
Winthrop School
0.6 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
A
Lincoln School
0.8 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
Early Childhood Center
1.2 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
1.3 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
A
Roosevelt School
1.4 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
1.2 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $429
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

99.4%
Price Range
7
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73522215
Full transaction history available when tracking began
🏡
Currently Listed
May 21, 2026
$4,200
MLS #73522215 - Active
Previous Transaction - MLS #72968611
Full transaction history available when tracking began
🏷️
Previously Sold
May 26, 2022
$760,000
MLS #72968611
Sold
Dec 20, 2016
$525,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Oct 26, 2016
$465,000
Original listing
Agent: Alison Socha Group Office: RE/MAX Leading Edge

Price & Status History

Date Event Price Change
May 21, 2026 Sold $4,200
May 26, 2022 Sold $760,000
Oct 26, 2016 New Listing Added $465,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$411

Tax History

Year Taxes Assessment
2016 $5,153 $417,900

Financial Details

Annual Property Tax
$5,153
Tax Year 2016
Assessed Value
$417,900

Listing Information

Listing Agent Alison Socha Group
Listing Office RE/MAX Leading Edge
Agent MLS ID TEAM06
Office MLS ID AN0157
Listing Data Updated Dec 20, 2016 2:08 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Melrose, MA

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