220 Essex Street # 1, Melrose MA 02176

Melrose, MA 02176
$225,000
1
Beds
1
Baths
575
Sq Ft
$391
Price/Sq Ft
1953
Year Built
1
Parking
23
Days on Market
Sold Listed May 16, 2019 • MLS# 72501706 Copied! • Updated Jul 3, 2019

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

This Property
$391/sq ft
Area Median
$486/sq ft
Difference
19.6%

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

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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Recently Sold Nearby

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

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

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
Features Off Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $2,269
Assessed Value $209,900

HOA & Community

HOA Fee $341 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Laundry
Optional Fee Includes None
Owner-Occupied Units 11
Seller Disclosures Will Not Qualify For Fha. Seller Has Not Lived In The Property. Buyers Agents To Verify All Information
Possession None
Accepted Financing Other (see Remarks)
Structure Type ["Mid-Rise"]
Unit/Building 1
Sq Ft Source Public Record
Documents Master Deed (1)
County Middlesex
Total market time (incl. prior listings) 25 days

Property Overview

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

Floor Layout

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
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
0.4 mi
Grades PK-08
A-
Lincoln School
0.5 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
Roosevelt School
0.5 mi | #107 of 825 | Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

3 schools
A-
Melrose Middle School
0.4 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
B+
Stoneham Central Middle School
2.3 mi | #129 of 352 | Score: 46.2
Dropped 30 spots from last year
-12 below state avg
678 students Moderate
Strong Attendance
Grades 05-08
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
A-
Stoneham High School
1.4 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
C+
Malden High School
2.2 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
C
Saugus High School
2.4 mi | #265 of 346 | Score: 46.1
Improved 3 spots from last year
-12.1 below state avg
695 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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Location

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Neighborhood

220 Essex Street # 1, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Susan Derosas
Listing Office Coldwell Banker Residential Brokerage - Boston - Beacon Hill
Office Phone 617-904-2000
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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