340 Main St # 705, Melrose MA 02176
Melrose, MA 02176
$172,000
Track this home for price, status, and open-house alerts.
Sale Statistics
Sale Overview
Original List Price:
$189,999
Final Sale Price:
$172,000
Difference:
$17,999 (-9.5%)
Performance Metrics
90.5%
List to Sale Ratio
Sold below asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$629
Sale $/sq ft:
$570
This property sold for $570 per square foot
Sale Summary
This property sold for 9.5% below the original asking price.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 10 similar properties sold within 0.5 miles in the last 90 days
This Property
$570/sq ft
Area Median
$490/sq ft
Difference
+16.4%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
Bright and sunny top-floor studio condo in desirable downtown Melrose!! Step outside your unit to a shared deck space with great views of Melrose. This condo has been kept in meticulous condition over the years and recently had new floors installed and ample cabinet space in the kitchen. This unit has a deeded off-street parking space, additional storage, and in-building laundry. You are minutes away from Turners Seafood, Mexico Linda, shops, parks, and all downtown Melrose offers. This unit is a commuter's dream as it is close to Wyoming Hill commuter rail station and the 137 Bus to Oak Grove.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
21.8%
Price Range
6
Total Days on Market
1
Previous Sales
Property Timeline
Previous Transaction - MLS #73352088
Full transaction history available when tracking began
Previously Sold
May 22, 2025
$220,000
MLS #73352088
Sold
Aug 29, 2022
$172,000
Property sold
Days on Market: 6
Listed for Sale
Aug 3, 2022
$189,999
Original listing
Agent: Dot Collection
Office: Access
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/22/2025 | 🏷️ Previously Sold | $220,000 | - | - | MLS #73352088 |
| 08/29/2022 | ✓ Sold | $172,000 | - | - | Property sold |
| 08/03/2022 | 🏠 Listed for Sale | $189,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2022 | $1,589 | $150,300 |
Financial Details
Annual Property Tax
$1,589
Tax Year 2022
HOA Fee
$255
Per month
Assessed Value
$150,300
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1970
Living Area
302 sq ft
Full Baths
1
Total Rooms
2
Interior
Heating
Electric
Cooling
Window Unit(s)
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
N
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Deeded
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$1,589
Assessed Value
$150,300
HOA & Community
HOA Fee
$255
Fee Includes
Water, Sewer, Insurance, Security, Maintenance Grounds, Snow Removal, Trash
Amenities
Hot Water, Laundry, Elevator(s), Storage
Optional Fee Includes
None
Pets
No
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["High-Rise"]
Unit/Building
705
Sq Ft Source
Public Record
Documents
Master Deed, Rules & Regs, Certificate Of Insurance (3)
County
Middlesex
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1970
Full Bathrooms
1
Living Area
302 sq ft
Total Rooms
2
Stories
1
Entry Level
7
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Refrigerator
Interior Features:
Windows:
Basement:
N
Laundry:
Security:
Construction & Materials
Year Built:
1970
Structure Type:
High-Rise
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Electric
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
Total Parking Spaces:
1
Parking Features:
Off Street, Deeded
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
Elementary Schools
7 schools
St. Mary Elementary School
< 0.1 mi
Grades PK-08
A
Lincoln School
0.2 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
0.9 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
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
Roosevelt School
1.0 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
1.0 mi
246 students
Moderate
Grades PK-K
A+
Horace Mann School
1.3 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
Middle Schools
1 school
A-
Melrose Middle School
0.9 mi
|
#92 of 352
|
Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students
Moderate
Grades 06-08
Learn about these ratings
Location
Loading map...
Neighborhood
340 Main St # 705, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Dot Collection
Listing Office
Access
Office Phone
617-825-8000
Agent MLS ID
TM325586
Office MLS ID
AN4691
Listing Data Updated
Sep 16, 2022 9:57 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Melrose.