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974-976 Main St # 4, Melrose MA 02176

Melrose, MA 02176
$305,000
Est. $2,384/month
2
Beds
1
Baths
789
Sq Ft
$387
Price/Sq Ft
1972
Year Built
40
Days on Market
Closed Listed Mar 12, 2018 • MLS# 72292358 Copied!

About this home

Wonderful opportunity to own in highly sought after Woodbriar Heights Condominium complex.This desirable/private first floor unit location offers two spacious bedrooms each with two closets and updated flooring. The centrally located kitchen makes this unit perfect for entertaining. There is is an open concept dinning/living room that leads to the large patio, no other unit in the building offers this type of privacy. This unit has two garage parking spaces and the driveway his heated. This complex offers, common laundry, elevator, storage and visitor parking. Condo fee includes heat, hot water and general insurance. Conveniently located near the bus line, shopping, commuter rail and Boston.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
2
Full Bathrooms
1
Living Area
789 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $339,900
Final Sale Price: $305,000
Difference: $34,900 (-10.3%)
Performance Metrics
89.7%
List to Sale Ratio
Sold below asking price
40
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $431
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 10.3% below the original asking price.

The property spent 40 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$387/sq ft
Area Average
$262/sq ft
Difference
+47.5%

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

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 789 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Storage, Off Street
Total Spaces 2

Utilities

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

Financial

Annual Tax $2,731
Assessed Value $231,400

Interior Features

Flooring: Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Basement, Common Area, In Building
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Storage, Off Street

Location

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Neighborhood

974-976 Main St # 4, 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

3 schools
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.3 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
0.5 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

2 schools
A-
Melrose Middle School
0.4 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
2.0 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
H

High Schools

3 schools
A-
Stoneham High School
1.5 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
A-
Wakefield Memorial High School
1.8 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
C
Saugus High School
2.0 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
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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 $228
Homeowners Insurance $200
HOA Fee $414/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

26.1%
Price Range
41
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73243111
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 21, 2024
$412,500
MLS #73243111
Sold
May 31, 2018
$305,000
Property sold
Days on Market: 41
🏠
Listed for Sale
Mar 12, 2018
$329,900
Original listing
Agent: The Parker Group Office: RE/MAX Encore

Price & Status History

Date Event Price Change
Jun 21, 2024 Sold $412,500
Mar 12, 2018 New Listing Added $329,900

Market Statistics

Days on Market
40 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2017 $2,731 $231,400

Financial Details

Annual Property Tax
$2,731
Tax Year 2017
HOA Fee
$414
Per month
Assessed Value
$231,400

Listing Information

Listing Agent The Parker Group
Listing Office RE/MAX Encore
Agent MLS ID TEAM0340
Office MLS ID B95079
Listing Data Updated May 31, 2018 12:28 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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