340 Main St # 412, Melrose MA 02176

Melrose, MA 02176
$330,000
Est. $1,756/month
1
Beds
1
Baths
586
Sq Ft
$563
Price/Sq Ft
1970
Year Built
Condominium
Type
12
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73216359

About this home

This sunny corner one-bedroom condo boasts a fantastic location close to public transportation and vibrant downtown Melrose. This condo offers the perfect blend of comfort and convenience. Prime location for easy access to everything you need. Bright and cheerful thanks to the southeast exposure. Great potential as a cozy home or income property. Eat-in kitchen with a charming window seat - perfect for morning coffee. Cable TV hookups already in place in the living room and bedroom. Shared balcony just outside your door - perfect for relaxing outdoors. Highly desirable deeded garage parking space! Affordable condo fees with a financially healthy association!

Sale Statistics

Sale Overview
Original List Price: $310,000
Final Sale Price: $330,000
Difference: +$20,000 (+6.5%)
Performance Metrics
106.5%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $529
Sale $/sq ft: $563
This property sold for $563 per square foot
Sale Summary

This property sold for 6.5% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
586 sq ft
Total Rooms
3
Stories
1
Entry Level
4

Interior Features

Heating
Electric Baseboard
Has Heating
Yes
Cooling
Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator
Laundry Features
Fourth Floor, In Building
Basement Details
N

Exterior & Structure

Exterior Features
Balcony
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Under, Deeded
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility
HOA Fee
$451
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Laundry, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,518
Tax Year
2024
Tax Assessed Value
$253,600
Parcel Number
M:0C6 P:005838,653932
Zoning
BA1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Melrose Place Condominium
Common Walls
Corner
Attached Property
Yes
Disclosures
Buyer and Buyer's Agent to verify all information and perform their own due diligence. Garage parking spot 55

Location

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Neighborhood

340 Main St # 412, 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 $210
Homeowners Insurance $200
HOA Fee $451
PMI $0

Property History

Market Insights

6.1%
Price Range
13
Total Days on Market

Property Timeline

Sold
May 17, 2024
$330,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Mar 26, 2024
$310,000
Original listing
Agent: Aditi Jain Office: Redfin Corp.

Price & Status History

Date Event Price Change
Mar 26, 2024 New Listing Added $310,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$563

Tax History

Year Taxes Assessment
2024 $2,518 $253,600

Financial Details

Annual Property Tax
$2,518
Tax Year 2024
HOA Fee
$451
Monthly
Assessed Value
$253,600

Listing Information

Listing Agent Aditi Jain
Listing Office Redfin Corp.
Agent MLS ID CN208227
Office MLS ID NB3534

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