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247 Lebanon Street, Melrose MA 02176

Melrose, MA 02176
$500,000
Est. $3,130/month
2
Beds
2
Baths
1,392
Sq Ft
$359
Price/Sq Ft
0.12
Acres
1965
Year Built
25
Days on Market
Closed Listed Jun 27, 2019 • MLS# 72526700 Copied!

About this home

This charming ranch offers an open concept & many updates with convenience to public transportation & the vibrant Melrose downtown area. Generous combo dining & kitchen offers wood cabinets, granite counters, pantry storage & french doors leading to a large & inviting three season porch. You will love the private back patio surrounded with a meticulously landscaped yard to enjoy privately or for entertaining friends & family. Some updates include the heating system, roof & central air conditioning. Lower level is finished & great for an extended family, hobbies or office space. Pull down attic is spacious & offers lots of storage! This is a great opportunity to get into Melrose at a reasonable price & enjoy all this home & city have to offer!!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1965
Bedrooms
2
Full Bathrooms
2
Living Area
1,392 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $449,000
Final Sale Price: $500,000
Difference: +$51,000 (+11.4%)
Performance Metrics
111.4%
List to Sale Ratio
Sold above asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $323
Sale $/sq ft: $359
This property sold for $359 per square foot
Sale Summary

This property sold for 11.4% above the original asking price, indicating strong buyer demand.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$359/sq ft
Area Average
$608/sq ft
Difference
40.9%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1965
Living Area 1,392 sq ft
Lot Size 0.12 acres
Bedrooms 2
Full Baths 2
Total Rooms 7

Interior

Heating Central, Baseboard, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete
Laundry Electric Dryer Hookup, Washer Hookup, In Basement
Features None

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Porch - Enclosed, Patio, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed, Patio

Parking

Features Paved Drive, Off Street
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,822
Assessed Value $446,100

Interior Features

Flooring: Hardwood
Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Ranch
Year Built: 1965
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Central, Baseboard, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Patio, Rain Gutters
Patio & Porch: Porch - Enclosed, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

247 Lebanon Street, 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
0.7 mi
Grades PK-08
A-
Herbert Clark Hoover School
0.4 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
Winthrop School
0.8 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
Lincoln School
0.8 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
Early Childhood Center
1.3 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
1.4 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
1.4 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
1.2 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
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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 $402
Homeowners Insurance $200
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

33.5%
Price Range
27
Total Days on Market

Property Timeline

Current Active Listing - MLS #73516345
Full transaction history available when tracking began
🏡
Currently Listed
May 11, 2026
$675,000
MLS #73516345 - Active
Sold
Sep 26, 2019
$500,000
Property sold
Days on Market: 27
🏠
Listed for Sale
Jun 27, 2019
$449,000
Original listing
Agent: Patricia Fitzgerald Office: Brad Hutchinson Real Estate

Price & Status History

Date Event Price Change
May 11, 2026 Sold $675,000
Jun 27, 2019 New Listing Added $449,000

Market Statistics

Days on Market
25 days
Price per Sq Ft
$359

Tax History

Year Taxes Assessment
2019 $4,822 $446,100

Financial Details

Annual Property Tax
$4,822
Tax Year 2019
Assessed Value
$446,100

Listing Information

Listing Agent Patricia Fitzgerald
Listing Office Brad Hutchinson Real Estate
Agent MLS ID B0505873
Office MLS ID B11101
Listing Data Updated Sep 27, 2019 5:14 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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