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230 Essex Street # 31, Melrose MA 02176

Melrose, MA 02176
$415,000
Est. $3,045/month
2
Beds
1
Baths
770
Sq Ft
$539
Price/Sq Ft
1953
Year Built
18
Days on Market
Closed Listed Jul 4, 2024 • MLS# 73256310 Copied!

About this home

This freshly-painted 2-bedroom condo, with hardwood and ceramic tiled floors throughout, is move-in ready (quick close is possible). In the ultra-convenient Cedar Park neighborhood, with a Walk Score of 91, you are about a half-mile to the attractive downtown shopping area and dozens of dining options, and just a couple blocks to the Boston commuter rail, Ell Pond recreation, public pool and tennis, and seasonal Farmers Market (Thursdays). This corner unit, with no wasted hallway space, offers generous room sizes in an open-concept floor plan. The airy and bright combination LR/DR is ideal for entertaining and relaxing, with a glass wall of sliders to your West-facing balcony. The dining area is adjacent to an eat-in kitchen with S/S appliances and pantry closet. Both Bdms have lighted double closets, one with built-ins. Two parking spaces, plenty of guest parking, and an affordable condo fee which INCLUDES gas heat and hot water. Make life easier for yourself -- you deserve it !

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1953
Bedrooms
2
Full Bathrooms
1
Living Area
770 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $415,000
Difference: +$16,000 (+4.0%)
Performance Metrics
104.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $518
Sale $/sq ft: $539
This property sold for $539 per square foot
Sale Summary

This property sold for 4.0% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$539/sq ft
Area Average
$465/sq ft
Difference
+15.9%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1953
Living Area 770 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Central, Natural Gas, Unit Control
Cooling Wall Unit(s), Unit Control
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Range Hood
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features None

Exterior

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

Parking

Features Off Street, Assigned, Deeded, Guest
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $3,063
Assessed Value $308,500

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
Interior Features:
Windows: Screens
Basement: Y
Laundry: In Basement, Common Area, In Building
Security:

Construction & Materials

Year Built: 1953
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Deeded, Guest

Location

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Neighborhood

230 Essex Street # 31, 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 $491/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

3.9%
Price Range
20
Total Days on Market

Property Timeline

Sold
Aug 12, 2024
$415,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Jul 4, 2024
$399,000
Original listing
Office: Coldwell Banker Realty - Lexington

Price & Status History

Date Event Price Change
Jul 4, 2024 New Listing Added $399,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$539

Tax History

Year Taxes Assessment
2024 $3,063 $308,500

Financial Details

Annual Property Tax
$3,063
Tax Year 2024
HOA Fee
$491
Monthly
Assessed Value
$308,500

Listing Information

Listing Agent Loraine Murtagh
Listing Office Coldwell Banker Realty - Lexington
Agent MLS ID B0340024
Office MLS ID AN6216
Listing Data Updated Aug 13, 2024 9:17 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

230 Essex Street # 31, Melrose MA 02176 - Photo 1 230 Essex Street # 31, Melrose MA 02176 - Photo 2 230 Essex Street # 31, Melrose MA 02176 - Photo 3 230 Essex Street # 31, Melrose MA 02176 - Photo 4 230 Essex Street # 31, Melrose MA 02176 - Photo 5 230 Essex Street # 31, Melrose MA 02176 - Photo 6 230 Essex Street # 31, Melrose MA 02176 - Photo 7 230 Essex Street # 31, Melrose MA 02176 - Photo 8
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