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220 Essex Street # 1, Melrose MA 02176

Melrose, MA 02176
$225,000
Est. $1,868/month
1
Beds
1
Baths
575
Sq Ft
$391
Price/Sq Ft
1953
Year Built
23
Days on Market
Closed Listed May 16, 2019 • MLS# 72501706 Copied!

About this home

A Commuter’s Dream - Steps to the Cedar Park Rail Station! The convenience of this location is unmatched....Enjoy a short stroll to downtown Melrose’s shopping, coffee shops, library and restaurants. Freshly painted interior and new carpeting – just move in and unpack! Well managed owner association. Off street parking. Don’t Miss Out - Priced to appeal to owner occupants and investors alike.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1953
Bedrooms
1
Full Bathrooms
1
Living Area
575 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $239,000
Final Sale Price: $225,000
Difference: $14,000 (-5.9%)
Performance Metrics
94.1%
List to Sale Ratio
Sold below asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $416
Sale $/sq ft: $391
This property sold for $391 per square foot
Sale Summary

This property sold for 5.9% below the original asking price.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$391/sq ft
Area Average
$349/sq ft
Difference
+11.9%

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 1953
Living Area 575 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,269
Assessed Value $209,900

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1953
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: None
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

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

220 Essex Street # 1, 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
0.4 mi
Grades PK-08
A
Lincoln School
0.5 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
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
Early Childhood Center
0.7 mi
246 students Moderate
Grades PK-K
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+
Horace Mann School
1.0 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-
Herbert Clark Hoover School
1.2 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
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
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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 $189
Homeowners Insurance $200
HOA Fee $341/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

28.6%
Price Range
25
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73464799
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 18, 2026
$315,000
MLS #73464799
Sold
Jul 2, 2019
$225,000
Property sold
Days on Market: 25
🏠
Listed for Sale
May 16, 2019
$239,000
Original listing
Agent: Susan Derosas Office: Coldwell Banker Residential Brokerage - Boston - Beacon Hill

Price & Status History

Date Event Price Change
Feb 18, 2026 Sold $315,000
May 16, 2019 New Listing Added $239,000

Market Statistics

Days on Market
23 days
Price per Sq Ft
$391

Tax History

Year Taxes Assessment
2019 $2,269 $209,900

Financial Details

Annual Property Tax
$2,269
Tax Year 2019
HOA Fee
$341
Monthly
Assessed Value
$209,900

Listing Information

Listing Agent Susan Derosas
Listing Office Coldwell Banker Residential Brokerage - Boston - Beacon Hill
Agent MLS ID BB901735
Office MLS ID BB2450
Listing Data Updated Jul 3, 2019 11:46 AM 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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