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43-51 Albion Street # B3, Melrose MA 02176

Melrose, MA 02176
$410,000
Est. $2,975/month
1
Beds
1
Baths
710
Sq Ft
$577
Price/Sq Ft
1976
Year Built
19
Days on Market
Closed Listed Apr 3, 2024 • MLS# 73219023 Copied!

About this home

Renovated 2nd floor condo with modern upgrades and amenities, it offers a luxurious living experience. The open concept layout creates a spacious and inviting atmosphere, perfect for entertaining guests or simply relaxing at home. The Kraftmaid white shaker cabinets, granite countertops , and tiled backsplash in the kitchen add elegance and functionality. Upgraded electrical, recessed lighting, ceiling fans, crown molding, and newer ceilings enhance the overall aesthetic and comfort of the space. The inclusion of home theatre readiness is a great feature for entertainment, allowing for seamless movie nights or gaming sessions. The renovated bathroom with radiant heat flooring provides an extra touch of comfort. Additionally, the convenience of garage parking and an outdoor balcony adds to the appeal of this condo. Its proximity to amenities such as Whole Foods, parks, downtown, and shopping further enhances its desirability, offering residents easy access to everything they need.

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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
2

Sale Statistics

Sale Overview
Original List Price: $395,000
Final Sale Price: $410,000
Difference: +$15,000 (+3.8%)
Performance Metrics
103.8%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $556
Sale $/sq ft: $577
This property sold for $577 per square foot
Sale Summary

This property sold for 3.8% above the original asking price, indicating strong buyer demand.

With only 19 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
$577/sq ft
Area Average
$262/sq ft
Difference
+120.0%

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, Natural Gas
Cooling Wall Unit(s)
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,059
Assessed Value $308,100

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under

Location

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Neighborhood

43-51 Albion Street # B3, 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 $255
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

3.7%
Price Range
21
Total Days on Market

Property Timeline

Sold
May 17, 2024
$410,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Apr 3, 2024
$395,000
Original listing
Agent: The Shawn Sullivan Team Office: RE/MAX Andrew Realty Services

Price & Status History

Date Event Price Change
Apr 3, 2024 New Listing Added $395,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$577

Tax History

Year Taxes Assessment
2024 $3,059 $308,100

Financial Details

Annual Property Tax
$3,059
Tax Year 2024
HOA Fee
$447
Monthly
Assessed Value
$308,100

Listing Information

Listing Agent The Shawn Sullivan Team
Listing Office RE/MAX Andrew Realty Services
Agent MLS ID TM314866
Office MLS ID AC2354
Listing Data Updated May 21, 2024 12:35 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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