402 Grove St, Melrose MA 02176

Melrose, MA 02176
$880,000
Est. $4,684/month
2
Beds
2
Baths
1,701
Sq Ft
$517
Price/Sq Ft
0.20
Acres
1954
Year Built
Single Family Residence
Type
1
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73158645

About this home

**OPEN HOUSES CANCELLED, ACCEPTED OFFER** As you step inside, you'll immediately appreciate the inviting and open layout. Whether you're hosting a dinner party or enjoying a cozy night in by the fireplace, this home provides the perfect backdrop for any occasion. Bedrooms are oversized w/ office alcoves. The backyard was thoughtfully redesigned to create the ultimate outdoor oasis, w/ custom bar/grill station, plunge pool, patio, fire pit, and level lawn. Updates: electrical (2019), kitchen & baths (2019), heating/cooling (2022), water heater (2022), irrigation system (2023), & more! Incredible "forever home" potential - easily finish the basement or expand the top floor (architectural plans available). Conveniently located nearby parks/playgrounds, golf courses, grocery, commuter rail, highway access & Melrose's charming shops/restaurants. Open Houses Thur 5-7, Sat/Sun 11-1

Sale Statistics

Sale Overview
Original List Price: $799,000
Final Sale Price: $880,000
Difference: +$81,000 (+10.1%)
Performance Metrics
110.1%
List to Sale Ratio
Sold above asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $470
Sale $/sq ft: $517
This property sold for $517 per square foot
Sale Summary

This property sold for 10.1% above the original asking price, indicating strong buyer demand.

With only 1 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1954
Bedrooms
2
Full Bathrooms
2
Living Area
1,701 sq ft
Total Rooms
6

Interior Features

Heating
Baseboard, Oil, Ductless
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Basement Details
Full

Exterior & Structure

Architectural Style
Cape
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,664 sq ft
Lot Size Area
0.2000

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,366
Tax Year
2023
Tax Assessed Value
$610,900
Parcel Number
M:0F7 P:0000067,656715
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
All furniture is negotiable. Full basement has heat, AC, and recessed lighting.

Location

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Neighborhood

402 Grove St, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $531
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.2%
Price Range
12
Total Days on Market

Property Timeline

Sold
Oct 17, 2023
$880,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Sep 13, 2023
$799,000
Original listing
Agent: The Movement Group Office: Compass

Price & Status History

Date Event Price Change
Sep 13, 2023 New Listing Added $799,000

Market Statistics

Days on Market
1 days
Price per Sq Ft
$517

Tax History

Year Taxes Assessment
2023 $6,366 $610,900

Financial Details

Annual Property Tax
$6,366
Tax Year 2023
Assessed Value
$610,900

Listing Information

Listing Agent The Movement Group
Listing Office Compass
Agent MLS ID TM331585
Office MLS ID AN2383

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