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1 Ravine Terrace # 1, Melrose MA 02176

Melrose, MA 02176 • Fells
$649,000
Est. $3,454/month
3
Beds
1.5
Baths
1,675
Sq Ft
$387
Price/Sq Ft
0.09
Acres
1920
Year Built
Condominium
Type
55
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73226424

About this home

Location, Location, Location ! Spectacular like new 3 bdrm Townhouse ideally located on a dead end street adjacent to beautiful Conant Park. Main level boasts open concept living featuring stunning chef's kitchen w/center island, large sun filled living room, new half bath, high 8' ceilings and rear porch w/direct access to private patio & driveway. 2nd level features 3 Bedrooms, full bath, high ceilings & hardwood floors. Walk out Lower level primed & ready for your personal touch. Plenty of Storage, PET FRIENDLY & Private drwy w/2+ Car Pkg. Total gut renovation 2023 includes New High Effcy Gas Heat & HW, New 200 amp Electrical, New Plumbing, Windows, Doors, Roof, Paint & Floors. GREAT LOCATION - easy 10 min walk to exciting Melrose Center shops, cafes, restaurants, entertainment, commuter train w/direct svc to Boston and beautiful FELLS RECREATION AREA w/scenic hiking & biking trails, sailing & kayaking. Quick, easy access to Rt 93, Boston & Cambridge. Offers due Tues 4/30 @12pm

Sale Statistics

Sale Overview
Original List Price: $629,900
Final Sale Price: $649,000
Difference: +$19,100 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
55
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $376
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

The property spent 55 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,675 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Interior Features

Flooring
Hardwood
Heating
Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Dishwasher, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Oven
Interior Features
Home Office, Bonus Room
Laundry Features
Dryer Hookup - Dual, Electric Dryer Hookup, First Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch, Patio, City View(s), Garden
Patio/Porch Features
Porch, Patio
Fencing
Security
Has Spa
No
View
City
Has View
Yes
Waterfront Features
Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,977 sq ft
Lot Size Area
0.0900

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Deeded, Paved, Exclusive Parking

Utilities & Systems

Utilities Available
for Gas Oven
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
HOA Fee
$180
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,277
Tax Year
2024
Tax Assessed Value
$861,500
Parcel Number
M:0A7 P:0000028,652145
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Building Name
1-3 Ravine Terrace Condominium
Common Walls
No One Above
Disclosures
ALL appliances are included with sale. New High Efficiency Gas Heat & HW, New 200 amp Electrical, New Plumbing, New Windows & Doors, New Roof, New Paint (interior & exterior), Total Gut Renovation completed 2023. Real Estate Tax based on 50% of current tax bill - new condo conversion.
Exclusions
Fyi - 3 Ravine Terrace Will Be Going On The Market For Sale Late June After The Tenants Move Out.

Location

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Neighborhood

Fells

1 Ravine Terrace # 1, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Middle School
Melrose Middle
Rating information coming soon
High School
Melrose High
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $356
Homeowners Insurance $200
HOA Fee $180
PMI $0

Property History

Market Insights

2.9%
Price Range
56
Total Days on Market

Property Timeline

✓
Sold
Jun 18, 2024
$649,000
Property sold
Days on Market: 56
🏠
Listed for Sale
Apr 23, 2024
$629,900
Original listing
Agent: Andy Mass Office: Mass Realty Properties

Price & Status History

Date Event Price Change
Apr 23, 2024 New Listing Added $629,900 —

Market Statistics

Days on Market
55 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2024 $4,277 $861,500

Financial Details

Annual Property Tax
$4,277
Tax Year 2024
HOA Fee
$180
Monthly
Assessed Value
$861,500

Listing Information

Listing Agent Andy Mass
Listing Office Mass Realty Properties
Agent MLS ID CT007701
Office MLS ID AN1745

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