340 Main St # 502, Melrose MA 02176

Melrose, MA 02176 • Wyoming

$200,000

Beds

Baths

444

Sq Ft

$450

Price/Sq Ft

1970

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Mar 1, 2017 • MLS# 72124597 Copied! • Updated Apr 28, 2017

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Sale Statistics

Sale Overview

Original List Price: $179,900

                            Final Sale Price:
                            $200,000
                        

Difference: +$20,100 (+11.2%)

Performance Metrics

111.2%

List to Sale Ratio

Sold above asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $405

                            Sale $/sq ft:
                            $450
                        

This property sold for $450 per square foot

Sale Summary

This property sold for 11.2% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property

$450/sq ft

Area Median

$490/sq ft

Difference

8.1%

This property sold near the area median for similar homes.

About this home

If you have missed previous opportunities to buy in this building here is your chance to buy a move in condition large STUDIO unit With Great Views of downtown! First time buyers- here is your chance to get into the MELROSE market. Very low heat cost and low HOA fee. Commuters Dream!! Bus stops right outside. commuterrail, around the corner. "T" 15 min walk or take the bus. If your looking in Melrose you already know we have the BEST downtown around and quick access to most highways and Boston. This unit also comes with a deeded garage spot. INVESTERS, This is a renters DREAM. SHOWINGS START IMMEDIATELY- ****OPEN HOUSE SUNDAY 1-230****

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

35.8%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73370521

Full transaction history available when tracking began

🏷️

Previously Sold

Jun 13, 2025

$280,000

MLS #73370521

View Listing →

✓

Sold

Apr 28, 2017

$200,000

Property sold

Days on Market: 20

🏠

Listed for Sale

Mar 1, 2017

$179,900

Original listing

Agent: Julie Cronin Office: LAER Realty Partners

Date	Event	Price	Change	$/sqft	Details
06/13/2025	🏷️ Previously Sold	$280,000	-	-	MLS #73370521
04/28/2017	✓ Sold	$200,000	-	-	Property sold
03/01/2017	🏠 Listed for Sale	$179,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2016	$1,290	$104,600

Financial Details

Annual Property Tax

$1,290

Tax Year 2016

HOA Fee

$265

Monthly

Assessed Value

$104,600

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Condominium

Year Built 1970

Living Area 444 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 2

Interior

Heating Electric

Cooling Window Unit(s)

Flooring Tile, Laminate

Appliances Range, Disposal, Refrigerator

Fireplace None

Basement N

Laundry Fourth Floor, Common Area, In Building

Features None

Exterior

Construction None

Architecture None

Roof Rubber

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features Attached, Under

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $1,290

Assessed Value $104,600

HOA & Community

HOA Fee $265 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities Hot Water, Laundry, Elevator(s), Storage

Optional Fee Includes None

Owner-Occupied Units 57

Pets No

MA Disclosures

Seller Disclosures This Is An Estate Sale

Additional Details

Possession None

Accepted Financing Contract

Structure Type ["Low-Rise"]

Unit/Building 502

Sq Ft Source Field Card

Documents Rules & Regs, Management Association Bylaws, Association Financial Statements (3)

County Middlesex

Total market time (incl. prior listings) 20 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

444 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Laminate

Appliances: Range, Disposal, Refrigerator

Interior Features:

Windows:

Basement: N

Laundry: Fourth Floor, Common Area, In Building

Security: Intercom

Construction & Materials

Year Built: 1970

Structure Type: Low-Rise

Exterior Materials:

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Electric

Heating Zones: 1

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 1

Parking Features: Attached, Under

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Wyoming

340 Main St # 502, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Office LAER Realty Partners

Office Phone 781-627-7200

Agent MLS ID B8001051

Office MLS ID AN3158

Listing Data Updated Apr 28, 2017 2:20 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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