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340 Main St # 301, Melrose MA 02176

Melrose, MA 02176
$225,000
Est. $1,844/month
1
Beds
1
Baths
580
Sq Ft
$388
Price/Sq Ft
1970
Year Built
33
Days on Market
Closed Listed Nov 10, 2017 • MLS# 72254360 Copied!

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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Public Records

Current Owner

Owner MOUSSA,MOHAMED S
Mailing Address 240 HARTWELL RD., BEDFORD, MA, 01730

Land Use

Use Code 102
Description Condominium
Zoning BA1
Style CONDO-GRDN

Tax Information

Assessed Value $240,100

Assessment History

Year Land Building Total Change
FY2026 $0 $240,100 $240,100

Sale History

Date Price Book/Page
Dec 16, 2025 $235,000 85048/322
Jun 7, 2025 $280,000 84227/109
Apr 25, 2025 $305,000 84032/179
Apr 7, 2025 $260,000 83959/28
Mar 19, 2025 $100 83885/550
Dec 26, 2024 $270,000 83635/480
Dec 5, 2024 $305,000 83636/556
Nov 15, 2024 $1 83498/473
Oct 11, 2024 $1 83343/246
May 17, 2024 $330,000 82782/265

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: MELROSE

Match: address_condo (90.0% confidence) · Data as of Jun 1, 2026

Property Overview

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

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 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$388/sq ft
Area Average
$224/sq ft
Difference
+73.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

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

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $1,936
Assessed Value $164,100

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

Location

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Neighborhood

340 Main St # 301, 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
< 0.1 mi
Grades PK-08
A
Lincoln School
0.2 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
A
Winthrop School
0.9 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-
Herbert Clark Hoover School
0.9 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
Roosevelt School
1.0 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
Early Childhood Center
1.0 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
M

Middle Schools

1 school
A-
Melrose Middle School
0.9 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
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $161
Homeowners Insurance $200
HOA Fee $345/mo
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

29.7%
Price Range
34
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73538116
Full transaction history available when tracking began
🏡
Currently Listed
Jun 18, 2026
$319,900
MLS #73538116 - Active
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

Price & Status History

Date Event Price Change
Jun 18, 2026 Sold $319,900
Dec 29, 2020 Sold $280,000
Nov 10, 2017 New Listing Added $235,000

Market Statistics

Days on Market
33 days
Price per Sq Ft
$388

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

Listing Information

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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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