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5 Chestnut St, Melrose MA 02176

Melrose, MA 02176
$1,625,000
Est. $8,649/month
6
Beds
3.5
Baths
4,726
Sq Ft
$344
Price/Sq Ft
0.33
Acres
1870
Year Built
Single Family Residence
Type
17
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73170054

About this home

This historically renowned home welcomes you w/ charming foyer that seamlessly transitions into living room w/ built-in shelving and a dining room featuring a fireplace and an exquisite chandelier for ambiance. The state-of-the-art cherry kitchen w/ spacious island, Wolf range, Sub-Zero fridge, warming drawer and wine fridge is a culinary dream. On this level, a laundry/mudroom w/ a full bath, family room graced w/ a grand beamed ceiling. Special bonus room w/ half bath can be a potential au pair, bedroom or home office, and an additional home office space. The second floor offers an en suite w/ a walkthrough dressing room adorned w/ built-ins, master bath complete w/ soaking tub and radiant flooring, and three additional beds sharing a full bath. The third floor provides two beds and a sitting room. The unfinished basement features historic wine cellar. Property features a heated driveway, new heating system from 2022, and a beautifully landscaped English garden. Short walk to train.

Sale Statistics

Sale Overview
Original List Price: $1,349,000
Final Sale Price: $1,625,000
Difference: +$276,000 (+20.5%)
Performance Metrics
120.5%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $285
Sale $/sq ft: $344
This property sold for $344 per square foot
Sale Summary

This property sold for 20.5% above the original asking price, indicating strong buyer demand.

With only 17 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
1870
Bedrooms
6
Full Bathrooms
3
Half Bathrooms
1
Living Area
4,726 sq ft
Total Rooms
14

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
Heating
Forced Air, Radiant, Natural Gas, Fireplace(s)
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Dining Room, Family Room
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
Gas Water Heater, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator, Wine Cooler, Second Dishwasher, Stainless Steel Appliance(s)
Interior Features
Bathroom - Half, Ceiling Fan(s), Recessed Lighting, Lighting - Pendant, Crown Molding, Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Wainscoting, Lighting - Sconce, Lighting - Overhead, Decorative Molding, Soaking Tub, Closet/Cabinets - Custom Built, Storage, Bonus Room, Home Office, Bathroom, Wine Cellar, Bedroom, Mud Room
Laundry Features
Dryer Hookup - Gas, Washer Hookup, Gas Dryer Hookup
Basement Details
Full, Unfinished
Window Features
Storm Window(s)
Door Features
French Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Victorian
Roof
Shingle, Rubber
Foundation
Stone
Exterior Features
Deck, Patio, Sprinkler System, Decorative Lighting
Patio/Porch Features
Deck, Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.33 acres
Lot Size
14,510 sq ft
Lot Size Area
0.3300
Lot Features
Corner Lot, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,488
Tax Year
2023
Tax Assessed Value
$1,198,500
Parcel Number
M:0C5 P:0000124,653707
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
1 bedroom on 2nd floor does not have a closet.

Location

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Neighborhood

5 Chestnut St, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Elementary School
Lincoln
Rating information coming soon
Middle School
Veterans
Rating information coming soon
High School
Melrose High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,041
Homeowners Insurance $200
PMI $0

Property History

Market Insights

17%
Price Range
19
Total Days on Market

Property Timeline

✓
Sold
Nov 17, 2023
$1,625,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Oct 13, 2023
$1,349,000
Original listing
Agent: Andersen Group Realty Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Oct 13, 2023 New Listing Added $1,349,000 —

Market Statistics

Days on Market
17 days
Price per Sq Ft
$344

Tax History

Year Taxes Assessment
2023 $12,488 $1,198,500

Financial Details

Annual Property Tax
$12,488
Tax Year 2023
Assessed Value
$1,198,500

Listing Information

Listing Agent Andersen Group Realty
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM309803
Office MLS ID AN2627

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