173 Florence Street, Melrose MA 02176

Melrose, MA 02176
$833,000
Est. $4,434/month
3
Beds
1.5
Baths
1,407
Sq Ft
$592
Price/Sq Ft
0.28
Acres
1900
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73222925

About this home

Nestled in the heart of the vibrant downtown ring, this turn of the century home has enjoyed a makeover-moment with newly painted interiors and updated lighting to complement its existing charm. Boasting an unbeatable location sited a short distance to downtown amenities, including shopping, yoga studios, coffee shops and restaurants, all the convenience of city living with a cozy neighborhood feel. This Colonial exudes the timeless elegance of a bygone era boasting unparalleled craftsmanship and period charm, from the gleaming wood floors, beautiful woodwork and beamed ceilings to the over-sized windows. The kitchen offers functionality with a great footprint to create that dream kitchen. This home will check all those boxes: 3 bedrooms and full bath on the second, great entertaining space plus a study and 1/2 bath on the first plus a fabulous, flat yard offering oodles of possibilities. Nearby the Farmer’s Market, the train at Cedar Park, Fells, and Melrose’s thriving downtown.

Sale Statistics

Sale Overview
Original List Price: $749,900
Final Sale Price: $833,000
Difference: +$83,100 (+11.1%)
Performance Metrics
111.1%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $533
Sale $/sq ft: $592
This property sold for $592 per square foot
Sale Summary

This property sold for 11.1% above the original asking price, indicating strong buyer demand.

With only 6 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
1900
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,407 sq ft
Total Rooms
7

Interior Features

Flooring
Wood, Tile, Concrete, Laminate, Flooring - Wood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features
Beamed Ceilings, Wainscoting, Crown Molding, Office
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Bulkhead, Concrete
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Stone
Exterior Features
Porch - Enclosed, Rain Gutters, Storage
Patio/Porch Features
Porch - Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.28 acres
Lot Size
12,249 sq ft
Lot Size Area
0.2800
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, Tandem

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,958
Tax Year
2024
Tax Assessed Value
$700,700
Parcel Number
M:0B7 P:0000061,653122
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Please see listing sheet and sellers' description of property. Measurements are estimated and vary between listing info & floor plans.
Exclusions
See Inclusion/Exclusion Sheet.

Location

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Neighborhood

173 Florence Street, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Elementary School
Apply
Rating information coming soon
Middle School
Mvmms
Rating information coming soon
High School
Mhs
Rating information coming soon

Monthly Payment Calculator

%
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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $580
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10%
Price Range
7
Total Days on Market

Property Timeline

Sold
May 17, 2024
$833,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 17, 2024
$749,900
Original listing
Agent: Alison Socha Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Apr 17, 2024 New Listing Added $749,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$592

Tax History

Year Taxes Assessment
2024 $6,958 $700,700

Financial Details

Annual Property Tax
$6,958
Tax Year 2024
Assessed Value
$700,700

Listing Information

Listing Agent Alison Socha Group
Listing Office Leading Edge Real Estate
Agent MLS ID TEAM06
Office MLS ID AN4646

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