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534 Main Street # 11, Melrose MA 02176

Melrose, MA 02176
$325,000
Est. $2,314/month
1
Beds
1
Baths
543
Sq Ft
$599
Price/Sq Ft
1900
Year Built
13
Days on Market
Closed Listed Jul 23, 2019 • MLS# 72538361 Copied!

About this home

The Essex Condominium which is located in downtown Melrose at the corner of Main and Essex is well known to Melrose residents.The entire building, which is one of the most iconic and elegant in Melrose, was reconstructed in 2008 by local builder Carroll Construction and truly exemplifies the cozy elegance of downtown Melrose. This open floor plan condo (Unit#11) with 1BR and 1 Full Bath stands out above the crowd due to its timeless and well selected materials. This unit, which is the largest in the building, features wide plank oak hardwood floors throughout. The kitchen area is brought to life with the amazingly stylish two-tone Ultra Craft cabinets accompanied by the rich grey matte finish Corian counters that should not be missed. The bathroom was not overlooked either with the Travertine style ceramic tile shower, frameless glass shower door, and new vanity. Bus to Oak Grove stops out front. Domestic Pets Allowed. Central Air. Offers reviewed on Tuesday 7/30 please submit by 3pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
543 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $319,000
Final Sale Price: $325,000
Difference: +$6,000 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $587
Sale $/sq ft: $599
This property sold for $599 per square foot
Sale Summary

This property sold for 1.9% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$599/sq ft
Area Average
$457/sq ft
Difference
+31.1%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 543 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features High Speed Internet

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Rented, None

Utilities

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

Financial

Annual Tax $2,666
Assessed Value $246,600

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: High Speed Internet
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2008
Structure Type: Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features: Off Street, Rented, None

Location

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Neighborhood

534 Main Street # 11, 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
0.3 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
Winthrop School
0.7 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
Early Childhood Center
0.7 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.8 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-
Herbert Clark Hoover School
0.9 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+
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
M

Middle Schools

1 school
A-
Melrose Middle School
0.6 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 $222
Homeowners Insurance $200
HOA Fee $249/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

15.8%
Price Range
18
Total Days on Market

Property Timeline

Current Active Listing - MLS #73484849
Full transaction history available when tracking began
🏡
Currently Listed
Mar 10, 2026
$379,000
MLS #73484849 - Active
Sold
Aug 29, 2019
$325,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Jul 23, 2019
$319,000
Original listing
Agent: Anthony Rosso Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Mar 14, 2026 Sold $379,000
Jul 23, 2019 New Listing Added $319,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$599

Tax History

Year Taxes Assessment
2019 $2,666 $246,600

Financial Details

Annual Property Tax
$2,666
Tax Year 2019
HOA Fee
$249
Monthly
Assessed Value
$246,600

Listing Information

Listing Agent Anthony Rosso
Listing Office Leading Edge Real Estate
Agent MLS ID CN200984
Office MLS ID AN4646
Listing Data Updated Sep 3, 2019 3:06 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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