16 Emerson Place # 16, Melrose MA 02176

Melrose, MA 02176

$736,000

3

Beds

2

Baths

1,413

Sq Ft

$521

Price/Sq Ft

1880

Year Built

2

Parking

Condominium

Type

42

Days on Market

Sold Listed Aug 5, 2024 • MLS# 73273905 Copied! • Updated Oct 24, 2024

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Sale Statistics

Sale Overview

Original List Price: $750,000

                            Final Sale Price:
                            $736,000
                        

Difference: $14,000 (-1.9%)

Performance Metrics

98.1%

List to Sale Ratio

Sold below asking price

42

Days on Market

Average time

Price per Square Foot Analysis

Original $/sq ft: $531

                            Sale $/sq ft:
                            $521
                        

This property sold for $521 per square foot

Sale Summary

This property sold for 1.9% below the original asking price.

The property spent 42 days on market before selling.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property

$521/sq ft

Area Median

$463/sq ft

Difference

+12.5%

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

About this home

Charming historical detail meets modern convenience and style in this thoughtfully updated 3-bed, 2-bath condo! Nestled on a tree-lined side street in the Cedar Park neighborhood, 16 Emerson Place offers gracious living space spanning two floors with soaring 9’ ceilings, a brand new kitchen, two stunning bathrooms, 2-car parking and a shared yard. A covered front deck welcomes you to a private entry. The main floor provides gracious living, dining, and kitchen areas, all centered around a grand wrapped staircase. The living room features a wood burning fireplace – perfect for cozy winter nights. The brand new kitchen features stainless appliances, quartz counters, a tile backsplash, and a peninsula for extra seating and prep space. Upstairs are three spacious bedrooms and a luxurious new bathroom, along with a 2nd floor porch — perfect for your morning coffee. Moments from local restaurants, schools, shopping, new public library, the Fells, and Cedar Park MBTA stop!

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Property History

Market Insights

0.5%

Price Range

43

Total Days on Market

Property Timeline

✓

Sold

Oct 24, 2024

$736,000

Property sold

Days on Market: 43

🏠

Listed for Sale

Aug 5, 2024

$739,900

Original listing

Agent: Denman Drapkin Group Office: Compass

Date	Event	Price	Change	$/sqft	Details
10/24/2024	✓ Sold	$736,000	-	-	Property sold
08/05/2024	🏠 Listed for Sale	$739,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$2,846	$716,300

Financial Details

Annual Property Tax

$2,846

Tax Year 2024

HOA Fee

$256

Monthly

Assessed Value

$716,300

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1880

Living Area 1,413 sq ft

Bedrooms 3

Full Baths 2

Total Rooms 5

Interior

Heating Forced Air, Oil

Cooling Window Unit(s)

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Microwave, Refrigerator

Fireplace None

Fireplaces 1

Basement Y

Laundry In Basement, In Building, Gas Dryer Hookup, Washer Hookup

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Porch, Fenced Yard

Pool None

Spa None

Fencing Fenced

Patio/Porch Porch

Parking

Features Off Street, Paved, Exclusive Parking

Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $2,846

Assessed Value $716,300

HOA & Community

HOA Fee $256 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures New Gas Lines Installed Within 30 Days. New Conversion, Condo Fees Estimated, Docs Recorded At Closing. 2-pet Max. Currently Assessed As 3-fam, Will Be Assessed As Condos Jan 2025. Unit 16 Will Have Exclusive Use Of The 2-car Driveway.

Additional Details

Possession None

Accepted Financing None

Structure Type ["2\/3 Family"]

Unit/Building 16

Sq Ft Source Master Deed

Documents Floor Plans (1)

County Middlesex

Total market time (incl. prior listings) 43 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1880

Bedrooms

3

Full Bathrooms

2

Living Area

1,413 sq ft

Total Rooms

5

Stories

2

Entry Level

1

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Microwave, Refrigerator

Interior Features:

Windows: Insulated Windows

Basement: Y

Laundry: In Basement, In Building, Gas Dryer Hookup, Washer Hookup

Security:

Construction & Materials

Year Built: 1880

Effective Year (Renovated): 2024

Structure Type: 2/3 Family

Exterior Materials: Frame

Roof: Shingle

Foundation:

Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Oil

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch, Fenced Yard

Patio & Porch: Porch

Fencing: Fenced

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street, Paved, Exclusive Parking

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, Other

Nearby Schools

School information not available for this location.

Location

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Neighborhood

16 Emerson Place # 16, Melrose MA 02176

Melrose, MA 02176

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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