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569 Franklin Street # 6, Melrose MA 02176

Melrose, MA 02176
$490,000
Est. $3,641/month
2
Beds
1.5
Baths
1,454
Sq Ft
$337
Price/Sq Ft
1910
Year Built
5
Days on Market
Closed Listed Aug 4, 2021 • MLS# 72876583 Copied!

About this home

Natural light & breezes fill this stylishly renovated south facing penthouse corner unit. The spacious 7 room 2 bed 1,454 sq ft condo, provides amble room for entertaining and includes bonus family room, office or potential 3rd bedroom. Just two blocks from Melrose Highland Commuter Rail & all the shops / restaurants. Stunning chef’s kitchen w/ soap stone counters, white cabinets & stainless-steel appliances. Exquisite period details from the grand foyer to the crown moldings, coffered ceilings, ornamental fireplace & beautiful bay windows. Oversized dining room for entertaining large groups. Master bedroom w/ custom California Closet designed dressing room. In-unit laundry, garage parking, back stairwell to private storage room in the basement, & two outdoor areas for relaxing or entertaining. Pet friendly community w/ high owner occupancy. Condo fee includes heat & water/hot water. Building has newer boiler, new skylights & new water heaters.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,454 sq ft
Total Rooms
7
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $480,000
Final Sale Price: $490,000
Difference: +$10,000 (+2.1%)
Performance Metrics
102.1%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $330
Sale $/sq ft: $337
This property sold for $337 per square foot
Sale Summary

This property sold for 2.1% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$337/sq ft
Area Average
$299/sq ft
Difference
+12.5%

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

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 1,454 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Central
Cooling Window Unit(s)
Flooring Hardwood, Flooring - Hardwood, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, In Unit
Features Closet, Entrance Foyer

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Deeded
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,167
Assessed Value $380,500

Interior Features

Flooring: Hardwood, Flooring - Hardwood, Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet, Entrance Foyer
Windows: Insulated Windows
Basement: Y
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1910
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central
Cooling: Window Unit(s)
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

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Garage Door Opener, Deeded

Location

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Neighborhood

569 Franklin Street # 6, 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
1.1 mi
Grades PK-08
A
Roosevelt School
0.2 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
0.4 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.7 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
Lincoln School
1.2 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
1.2 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-
Herbert Clark Hoover School
1.7 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 $347
Homeowners Insurance $200
HOA Fee $616/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

99.1%
Price Range
6
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73518432
Full transaction history available when tracking began
🏡
Currently Listed
May 13, 2026
$4,250
MLS #73518432 - Active
Sold
Sep 23, 2021
$490,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Aug 4, 2021
$480,000
Original listing
Agent: Dave Ledwig Office: Coldwell Banker Realty - Arlington
Previous Transaction - MLS #72371473
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 13, 2018
$407,000
MLS #72371473

Price & Status History

Date Event Price Change
May 13, 2026 Sold $4,250
Aug 4, 2021 New Listing Added $480,000
Sep 13, 2018 Sold $407,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$337

Tax History

Year Taxes Assessment
2021 $4,167 $380,500

Financial Details

Annual Property Tax
$4,167
Tax Year 2021
HOA Fee
$616
Per month
Assessed Value
$380,500

Listing Information

Listing Agent David W. Ledwig
Listing Office Coldwell Banker Realty - Arlington
Agent MLS ID B8000714
Office MLS ID AN6189
Listing Data Updated Sep 23, 2021 1:53 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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