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43-51 Albion St # A3, Melrose MA 02176

Melrose, MA 02176
$365,000
Est. $2,731/month
1
Beds
1
Baths
710
Sq Ft
$514
Price/Sq Ft
1976
Year Built
14
Days on Market
Closed Listed Mar 29, 2024 • MLS# 73217655 Copied!

About this home

Spacious and well-kept condo, uniquely situated on a quiet and safe residential street, yet just minutes to the commuter rail and Whole Foods Market. Unit has been repainted from ceiling to floor and has been valued at a price to accommodate the next owner's personal touches on the kitchen and bathroom, if desired. This unit is clean and tidy, in move-in condition, and the location is PRIME. Additionally, this rare find includes your own, brand new private door to a two-car garage. The exclusive, deeded single spot #4, with enough space for storage too, is specific to the unit. Stay cool this summer with the two brand new wall AC's or relax on the over-sized balcony off the livingroom.The reasonable HOA fee includes heat and hot water, large onsite laundry facilities, an additional storage locker and more. Several visitor parking spots for guests. Villa Cordoba is one of Melrose's best kept secrets since units are rarely for sale here. Initial group showings begin on 4/2/24-call2sched.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1976
Bedrooms
1
Full Bathrooms
1
Living Area
710 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $365,000
Difference: $4,900 (-1.3%)
Performance Metrics
98.7%
List to Sale Ratio
Sold below asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $521
Sale $/sq ft: $514
This property sold for $514 per square foot
Sale Summary

This property sold for 1.3% below the original asking price.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$514/sq ft
Area Average
$262/sq ft
Difference
+96.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1976
Living Area 710 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring Laminate
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Storage, Deeded, Off Street, Guest, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,864
Assessed Value $288,400

Interior Features

Flooring: Laminate
Appliances: Range, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Common Area, In Building
Security: Intercom, Other

Construction & Materials

Year Built: 1976
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Under, Garage Door Opener, Storage, Deeded, Off Street, Guest, Paved

Location

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Neighborhood

43-51 Albion St # A3, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $239
Homeowners Insurance $200
HOA Fee $447/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.3%
Price Range
14
Total Days on Market

Property Timeline

Sold
May 10, 2024
$365,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Mar 29, 2024
$369,900
Original listing
Agent: Heidi Roy Office: Churchill Properties

Price & Status History

Date Event Price Change
Mar 29, 2024 New Listing Added $369,900

Market Statistics

Days on Market
14 days
Price per Sq Ft
$514

Tax History

Year Taxes Assessment
2024 $2,864 $288,400

Financial Details

Annual Property Tax
$2,864
Tax Year 2024
HOA Fee
$447
Monthly
Assessed Value
$288,400

Listing Information

Listing Agent Heidi Roy
Listing Office Churchill Properties
Agent MLS ID CN232777
Office MLS ID AN6958
Listing Data Updated May 10, 2024 1:33 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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