36 Waverly Place, Melrose MA 02176

Melrose, MA 02176
$600,000
Est. $3,193/month
0.20
Acres
Residential
Type
18
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73207149

About this home

Discover your chance in Melrose! Attention, developers - seize the opportunity in this commuter's dream location, just 0.1 mile from the Wyoming Hill train station. This prime spot offers easy access to shopping, dining, excellent shops, and major commuter routes with a 97 'walk score'. The 8,821 sq. ft. fenced flat/level lot comes with city water/sewer, electric on-site, and gas as well as two curb cuts. See 11 Waverly Place as a comparable sale that sold for $650,000 in 2021. Although the existing house is uninhabitable, this property holds immense potential in one of Massachusetts' most sought-after cities. Act now, as this fantastic opportunity won't be available for long. Lot is URB zoned, check with city on development potential. *Please do not walk the property without the list agent.*

Sale Statistics

Sale Overview
Original List Price: $650,000
Final Sale Price: $600,000
Difference: $50,000 (-7.7%)
Performance Metrics
92.3%
List to Sale Ratio
Sold below asking price
18
Days on Market
Quick sale
Sale Summary

This property sold for 7.7% below the original asking price.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Residential
Property Category
Land

Interior Features

Exterior & Structure

Fencing
Fenced/Enclosed
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,821 sq ft
Lot Size Area
0.2000
Lot Features
Level, Sidewalks
Road Frontage Type
Public

Parking & Garage

Utilities & Systems

Water Source
Public, On-Site
Sewer
Public Sewer, On-Site
Electric
On-Site
Electric on Property
Yes
Gas
At Street

Community & HOA

Community Features
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, Sidewalks
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,256
Tax Year
2024
Tax Assessed Value
$630,000
Parcel Number
M:0B5 P:0000145,652874
Zoning
URB

Additional Details

Disclosures
Anyone accessing the property must sign waiver prior to entering. Property sold "As Is". Property will not be sold in 'broom clean' condition. Buyer responsible for obtaining smoke certificate, if needed, and any modifications to the property needed to obtain it.

Location

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Neighborhood

36 Waverly Place, 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 $521
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.7%
Price Range
19
Total Days on Market

Property Timeline

Sold
Apr 18, 2024
$600,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Feb 29, 2024
$650,000
Original listing
Agent: The Bill Butler Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Feb 29, 2024 New Listing Added $650,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2024 $6,256 $630,000

Financial Details

Annual Property Tax
$6,256
Tax Year 2024
Assessed Value
$630,000

Listing Information

Listing Agent The Bill Butler Group
Listing Office Leading Edge Real Estate
Agent MLS ID TM327053
Office MLS ID AN4646

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