49 Melrose Street # 1A, Melrose MA 02176

Melrose, MA 02176
$290,000
1
Beds
1
Baths
792
Sq Ft
$366
Price/Sq Ft
1972
Year Built
1
Parking
52
Days on Market
Sold Listed Aug 12, 2022 • MLS# 73024836 Copied! • Updated Nov 2, 2022

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Sale Statistics

Sale Overview
Original List Price: $325,000
Final Sale Price: $290,000
Difference: $35,000 (-10.8%)
Performance Metrics
89.2%
List to Sale Ratio
Sold below asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $410
Sale $/sq ft: $366
This property sold for $366 per square foot
Sale Summary

This property sold for 10.8% below the original asking price.

The property spent 52 days on market before selling.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$366/sq ft
Area Median
$451/sq ft
Difference
18.8%

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

About this home

Welcome to the Melrose Towers & all that it offers. Conveniently located just steps to shops, restaurants, parks & transportation. Ideal quite private balcony location overlooking the park. Large living room/dining room, 16x12 bedroom and eat-in kitchen with washer/dryer hookup. Sauna, indoor and outdoor pools, tennis and more, on lovely, well-maintained grounds. Be the 1st to see this much sought-after gem.

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Recently Sold Nearby

Property History

Market Insights

31%
Price Range
54
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73334787
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 24, 2025
$420,500
MLS #73334787
Sold
Nov 2, 2022
$290,000
Property sold
Days on Market: 54
🏠
Listed for Sale
Aug 12, 2022
$299,900
Original listing
Agent: Mary Sexton Office: Century 21 Sexton & Donohue

Tax History

Year Taxes Assessment
2022 $3,196 $302,300

Financial Details

Annual Property Tax
$3,196
Tax Year 2022
HOA Fee
$364
Monthly
Assessed Value
$302,300

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 792 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard
Cooling None
Flooring Carpet
Appliances Dishwasher, Disposal
Fireplace None
Basement N
Laundry First Floor
Features None

Exterior

Construction Brick
Architecture None
Roof Tar/gravel
Features Balcony
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,196
Assessed Value $302,300

HOA & Community

HOA Fee $364 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Pool, Laundry, Elevator(s), Tennis Court(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures A/c Not Working, Sold As Is
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 1A
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 54 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1972
Bedrooms
1
Full Bathrooms
1
Living Area
792 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Carpet
Appliances: Dishwasher, Disposal
Interior Features:
Windows:
Basement: N
Laundry: First Floor
Security:

Construction & Materials

Year Built: 1972
Structure Type: Garden
Exterior Materials: Brick
Roof: Tar/Gravel
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street
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
0.9 mi
Grades PK-08
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.4 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
0.4 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
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
1.0 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-
Herbert Clark Hoover School
1.3 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
0.2 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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Location

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Neighborhood

49 Melrose Street # 1A, Melrose MA 02176

Melrose, MA 02176

Listing Information

Agent MLS ID B0302867
Office MLS ID B13001
Listing Data Updated Nov 2, 2022 2:05 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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