340 Main St # 301, Melrose MA 02176

Melrose, MA 02176
$225,000
1
Beds
1
Baths
580
Sq Ft
$388
Price/Sq Ft
1970
Year Built
1
Parking
33
Days on Market
Sold Listed Nov 10, 2017 • MLS# 72254360 Copied! • Updated Jan 22, 2018

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Sale Statistics

Sale Overview
Original List Price: $245,000
Final Sale Price: $225,000
Difference: $20,000 (-8.2%)
Performance Metrics
91.8%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $422
Sale $/sq ft: $388
This property sold for $388 per square foot
Sale Summary

This property sold for 8.2% below the original asking price.

The property spent 33 days on market before selling.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$388/sq ft
Area Median
$486/sq ft
Difference
20.2%

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

About this home

Melrose Place - Price reduced on this spacious & sunny and rarely available 1 bedroom corner unit! Twelve windows add to the open feeling within the living room, bedroom and eat-in kitchen. The windows, which have new blinds, have deep windowsills - great for plants. The updated kitchen with Corian counter top, dishwasher and new refrigerator has room for a table and chairs. Closets in every room, and an additional storage area in the basement. There is a common balcony just outside the door. Large common, airy laundry area is on the fourth floor. The building has added convenience of 2 elevators. A deeded parking spot. This is an extremely convenient location. Bus stop on corner -Oak Grove T station (1.1mi) & Wyoming commuter rail stop (.1 mi) are nearby. Downtown Victorian Melrose with several great restaurants, many shops, Melrose Y, hardware store, Starbucks, and much more is a short distance away. Melrose has recently been named one of the top small cities in the country!

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Recently Sold Nearby

Property History

Market Insights

56.8%
Price Range
34
Total Days on Market
3
Previous Sales

Property Timeline

Previous Transaction - MLS #73538116
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 17, 2026
$322,000
MLS #73538116
Previous Transaction - MLS #72716657
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 29, 2020
$280,000
MLS #72716657
✓
Sold
Jan 19, 2018
$225,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Nov 10, 2017
$235,000
Original listing
Office: Coldwell Banker Residential Brokerage - Arlington
Previous Transaction - MLS #70779884
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 1, 2008
$139,000
MLS #70779884

Tax History

Year Taxes Assessment
2017 $1,936 $164,100

Financial Details

Annual Property Tax
$1,936
Tax Year 2017
HOA Fee
$345
Monthly
Assessed Value
$164,100

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 580 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric, Other
Cooling Wall Unit(s), Other
Flooring Carpet, Laminate
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry Fourth Floor, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $1,936
Assessed Value $164,100

HOA & Community

HOA Fee $345 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Laundry, Elevator(s)
Optional Fee Includes None
Pets No
Seller Disclosures Parking Space #20 Is In An Off-site Lot (off Grove Street). Individual Thermostats In Each Room - Very Economical To Heat In Winter. Refrigerator Is 2 Years Old. Built-in Air Conditioner In Living Room. The Circuit Breaker Electric Box Is In A Closet Off The Hallway.
Possession None
Accepted Financing None
Structure Type ["High-Rise"]
Unit/Building 301
Sq Ft Source Other
Documents Master Deed, Rules & Regs (2)
County Middlesex
Total market time (incl. prior listings) 34 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
580 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Carpet, Laminate
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Fourth Floor, In Building
Security:

Construction & Materials

Year Built: 1970
Structure Type: High-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric, Other
Cooling: Wall Unit(s), Other
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded
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

3 schools
St. Mary Elementary School
< 0.1 mi
Grades PK-08
A-
Lincoln School
0.2 mi | #205 of 825 | Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A+
Winthrop School
0.9 mi | #79 of 825 | Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A-
Melrose Middle School
0.9 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
C+
Saugus Middle School
2.4 mi | #247 of 352 | Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.8 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
A-
Stoneham High School
1.8 mi | #89 of 346 | Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students Moderate
17 sports • 1,334 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
Malden Catholic High School
2.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Location

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Neighborhood

340 Main St # 301, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Paula Luciano
Listing Office Coldwell Banker Residential Brokerage - Arlington
Office Phone 781-648-6500
Agent MLS ID BB801919
Office MLS ID BB9584
Listing Data Updated Jan 22, 2018 11:41 AM 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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