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185 Essex St, Melrose MA 02176

Melrose, MA 02176
$655,000
2
Beds
2
Baths
1,298
Sq Ft
$505
Price/Sq Ft
2013
Year Built
2
Parking
5
Days on Market
Closed Listed May 1, 2024 • MLS# 73231840 Copied! • Updated Jul 23, 2024

Sale Statistics

Sale Overview
Original List Price: $650,000
Final Sale Price: $655,000
Difference: +$5,000 (+0.8%)
Performance Metrics
100.8%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $501
Sale $/sq ft: $505
This property sold for $505 per square foot
Sale Summary

This property sold for 0.8% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$505/sq ft
Area Average
$223/sq ft
Difference
+126.1%

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

About this home

Welcome to the epitome of urban/suburban living! Nestled in the heart of Melrose, this unit offers the perfect blend of modern comfort and convenient access to everything this vibrant city has to offer. Step inside to the meticulously maintained, 11 years young 2 bedroom, 2 bath residence - The open-concept layout seamlessly connects the living, dining, and kitchen areas, complete with a gas fireplace and wet bar, creating an ideal space for both relaxation and entertainment. The kitchen is a chef's delight, featuring stainless steel appliances, loads of counterspace, and ample cabinetry. The spacious primary bedroom boasts a tranquil retreat with generous closet space, and an en-suite bath. A++ location just a stone's throw to the Cedar Park Commuter Rail stop and tucked just beyond downtown. With two parking spaces and one of the largest dedicated storage areas you will find, don’t miss out on your chance to call this gem home.

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Recently Sold Nearby

Property History

Market Insights

0.8%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jul 23, 2024
$655,000
Property sold
Days on Market: 7
🏠
Listed for Sale
May 2, 2024
$650,000
Original listing
Agent: Kate Cote Office: Leading Edge Real Estate

Tax History

Year Taxes Assessment
2024 $6,728 $677,500

Financial Details

Annual Property Tax
$6,728
Tax Year 2024
HOA Fee
$392
Per month
Assessed Value
$677,500

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2013
Living Area 1,298 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Third Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Assigned
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $6,728
Assessed Value $677,500

HOA & Community

HOA Fee $392
Fee Includes Insurance, Maintenance Structure, Snow Removal
Amenities Elevator(s)
Optional Fee Includes None
Owner-Occupied Units 14
Seller Disclosures Rental Restriction 4 Units Currently 2 Rented. Pet Policy: Less Than 25 Pounds Not To Exceed Two Per Unit, No Reptiles Or Birds. No Smoking. See Declaration Of Trust & Master Deed For Additional Details. Visit City Of Melrose Website For Details On 164 Essex St. Proposed Residential Building.
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 3B/#10
Sq Ft Source Public Record
Sq Ft Disclosures Dedicated storage unit in basement not included in living area
Documents Master Deed, Unit Deed (2)
County Middlesex
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2013
Bedrooms
2
Full Bathrooms
2
Living Area
1,298 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
6 x 11
Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen
Kitchen
10 x 14
Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Stainless Steel Appliances
Bathroom2
6 x 10
Bathroom - Full, Bathroom - Tiled With Tub
Bedroom2
14 x 11
Flooring - Wood
Living Room
17 x 21
Flooring - Wood, Wet Bar, Open Floorplan
Master Bedroom
14 x 13
Bathroom - Full, Walk-In Closet(s), Flooring - Wood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring:
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 2013
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Assigned

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Public School

Nearby Schools

School information not available for this location.

Location

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Neighborhood

185 Essex St, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Office Leading Edge Real Estate
Office Phone 781-979-0100
Agent MLS ID CN221983
Office MLS ID AN4646
Listing Data Updated Jul 23, 2024 10:15 AM 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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