49 Melrose Street # 7F, Melrose MA 02176

Melrose, MA 02176
$402,500
2
Beds
2
Baths
1,226
Sq Ft
$328
Price/Sq Ft
1972
Year Built
1
Garage Space
35
Days on Market
Sold Listed Jan 12, 2018 • MLS# 72270227 Copied! • Updated May 2, 2018

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Sale Statistics

Sale Overview
Original List Price: $409,900
Final Sale Price: $402,500
Difference: $7,400 (-1.8%)
Performance Metrics
98.2%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $334
Sale $/sq ft: $328
This property sold for $328 per square foot
Sale Summary

This property sold for 1.8% below the original asking price.

The property spent 35 days on market before selling.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$328/sq ft
Area Median
$455/sq ft
Difference
27.9%

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

About this home

Welcome to Melrose Towers!!! “A rare find”. One of the most desirable Condos in the City due to the convenience of bus, train, shopping, Whole Foods and downtown Melrose Center that has much to offer. This unit is on the top floor and consists of 2 bedrooms (master suite with full bath and a walk in closet). 2 full baths, eat-in kitchen (with laundry) and large living room/dining room combo. One of the big pluses is the hard to find ‘separate garage’ on the ground level of the building. Bedrooms and kitchen get Southern exposure bringing in lots of bright sunlight. A must see!!!

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Recently Sold Nearby

Property History

Market Insights

30.6%
Price Range
36
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73393139
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 8, 2025
$580,000
MLS #73393139
Sold
Apr 27, 2018
$402,500
Property sold
Days on Market: 36
🏠
Listed for Sale
Jan 12, 2018
$409,900
Original listing
Agent: Mary Sexton Office: Century 21 Sexton & Donohue

Tax History

Year Taxes Assessment
2017 $3,311 $292,200

Financial Details

Annual Property Tax
$3,311
Tax Year 2017
HOA Fee
$486
Per month
Assessed Value
$292,200

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,226 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric
Cooling Central Air
Flooring Laminate
Appliances Dishwasher, Disposal
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, In Unit
Features None

Exterior

Construction None
Architecture None
Roof Tar/gravel
Features Balcony
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,311
Assessed Value $292,200

HOA & Community

HOA Fee $486
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Pool, Laundry, Elevator(s), Tennis Court(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Outside Parking Space 37f, Garage Space 3-1
Exclusions Tiffany Chandelier & Mirror
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 7F
Sq Ft Source Field Card
Documents None
County Middlesex
Total market time (incl. prior listings) 36 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,226 sq ft
Total Rooms
5
Stories
1
Entry Level
7

Floor Layout

Interior Features

Flooring: Laminate
Appliances: Dishwasher, Disposal
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, In Unit
Security:

Construction & Materials

Year Built: 1972
Structure Type: Garden
Exterior Materials:
Roof: Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Central Air
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

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Off Street
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
Early Childhood Center
0.2 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.4 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
A+
Horace Mann School
0.5 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

3 schools
A-
Melrose Middle School
0.1 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
C+
Saugus Middle School
2.1 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Stoneham Central Middle School
2.2 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

3 schools
A-
Stoneham High School
1.4 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
C
Saugus High School
2.1 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
A-
Wakefield Memorial High School
2.1 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

49 Melrose Street # 7F, Melrose MA 02176

Melrose, MA 02176

Listing Information

Agent MLS ID B0302867
Office MLS ID B13001
Listing Data Updated May 2, 2018 2:21 PM EDT
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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