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585 Franklin St # 6, Melrose MA 02176

Melrose, MA 02176
$490,000
3
Beds
1
Baths
1,482
Sq Ft
$331
Price/Sq Ft
0.00
Acres
1910
Year Built
1
Garage Space
14
Days on Market
Closed Listed Sep 30, 2021 • MLS# 72902872 Copied! • Updated Dec 15, 2021

Sale Statistics

Sale Overview
Original List Price: $469,900
Final Sale Price: $490,000
Difference: +$20,100 (+4.3%)
Performance Metrics
104.3%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $317
Sale $/sq ft: $331
This property sold for $331 per square foot
Sale Summary

This property sold for 4.3% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$331/sq ft
Area Average
$127/sq ft
Difference
+161.3%

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

About this home

Welcome to a Penthouse at Undercliff Terrace, a stunning condo in highly desirable Melrose Highlands. This 3 bedroom condo offers 1482 SF of open floor plan living, updated kitchen, granite countertops, dining room with crown molding, spacious living room with a fireplace, a beautiful coffered ceiling and a large bay window. Large master bedroom with a walk-in closet and an additional larger closet. Two bedrooms are tucked in the back along with a sunroom with 3 walls of windows. This sunny and spacious unit has a deeded one car garage, two sizable storage units in the basement and roof right access. The building is close to the commuter rail and outside the front door are restaurants, coffee shops and many other retail stores. Laundry facilities are in the building. Easy access to Rt 1 and 93. Don't miss the opportunity to own this stylish condo and live in this beautiful neighborhood. Offers will be due Tues 10/5 at noon.

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Recently Sold Nearby

Property History

Market Insights

31.9%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73550131
Full transaction history available when tracking began
🏡
Currently Listed
Jul 15, 2026
$565,000
MLS #73550131 - Active
Sold
Dec 15, 2021
$490,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Oct 1, 2021
$469,900
Original listing
Agent: Anna Colletta Office: C & C Realty Associates
Previous Transaction - MLS #72499075
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 30, 2019
$385,000
MLS #72499075

Tax History

Year Taxes Assessment
2021 $4,444 $405,800

Financial Details

Annual Property Tax
$4,444
Tax Year 2021
HOA Fee
$660
Monthly
Assessed Value
$405,800

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 1,482 sq ft
Lot Size 0.0000
Bedrooms 3
Full Baths 1
Total Rooms 7

Interior

Heating Steam, Oil
Cooling Window Unit(s)
Flooring Tile, Hardwood, Vinyl
Appliances Range, Dishwasher, Microwave, Refrigerator, Plumbed For Ice Maker
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Common Area, In Building
Features Sun Room

Exterior

Construction None
Architecture None
Roof Rubber
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Deeded, On Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Icemaker Connection
Annual Tax $4,444
Assessed Value $405,800

HOA & Community

HOA Fee $660 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water
Optional Fee Includes None
Pets Yes
Seller Disclosures Fireplace Is Ornamental Only, Dinning Room Is Currently Setup As An Office. Sunroom Is Not Heated.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 6
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Middlesex
Total market time (incl. prior listings) 16 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Bedrooms
3
Full Bathrooms
1
Living Area
1,482 sq ft
Total Rooms
7
Stories
1
Entry Level
3

Room Details

First Floor

Bathroom1
8 x 5
Bedroom3
10 x 12
Closet, Flooring - Hardwood, Balcony - Interior, Cable Hookup, Lighting - Overhead
Dining Room
9 x 12
Closet, Flooring - Hardwood, Chair Rail, Recessed Lighting, Crown Molding
Kitchen
12 x 12
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Peninsula, Lighting - Overhead
Bedroom2
10 x 12
Closet, Flooring - Hardwood, Cable Hookup, Lighting - Overhead
Living Room
15 x 18
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting
Master Bedroom
12 x 18
Walk-In Closet(s), Closet, Flooring - Hardwood, Cable Hookup, Recessed Lighting

Other Floor

Bedroom5
Bedroom4
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood, Vinyl
Appliances: Range, Dishwasher, Microwave, Refrigerator, Plumbed For Ice Maker
Interior Features: Sun Room
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Steam, Oil
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
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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Location

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Neighborhood

585 Franklin St # 6, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Anna Colletta
Agent MLS ID CN201729
Office MLS ID AN6696
Listing Data Updated Dec 15, 2021 7:19 PM EST
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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