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93 N Cedar Park # 1, Melrose MA 02176

Melrose, MA 02176
$731,500
Est. $4,684/month
2
Beds
2
Baths
1,245
Sq Ft
$588
Price/Sq Ft
0.24
Acres
1880
Year Built
5
Days on Market
Closed Listed Aug 14, 2024 • MLS# 73277787 Copied!

About this home

You won’t find another stunning condo in Greater Boston that offers exclusive use of a Japanese tea house, a radiant sunporch, a private deck, and a beautifully planted yard featuring appropriate flora. Imagine serene retreats for reading and entertaining. The unit shines with natural light, highlighting gleaming wood floors and offering outstanding flexible spaces. Start your morning on the sunporch to watch the birds and enjoy the garden. A decorative fireplace anchors the living space, ready for enhancement with an upgrade. Set on a leafy street lined with majestic Victorian homes, this property includes two full baths, in-unit laundry, two-car parking, and ample storage. Moments away, the Bohemian artisanal coffee shop and commuter rail station add convenience and local flavor. Nearby Fells Reservation invites immersion in nature. Close to public library and vibrant downtown Melrose. It is a slice of paradise for those who seek a standout home in a coveted neighborhood.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1880
Bedrooms
2
Full Bathrooms
2
Living Area
1,245 sq ft
Total Rooms
6
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $699,900
Final Sale Price: $731,500
Difference: +$31,600 (+4.5%)
Performance Metrics
104.5%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $562
Sale $/sq ft: $588
This property sold for $588 per square foot
Sale Summary

This property sold for 4.5% 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 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$588/sq ft
Area Average
$524/sq ft
Difference
+12.2%

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 1880
Living Area 1,245 sq ft
Lot Size 0.24 acres
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Natural Gas, Radiant
Cooling None
Flooring Wood
Appliances Range, Dishwasher, Disposal, Washer/dryer
Fireplace Living Room
Basement Y
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Slider, Sun Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck - Wood, Other
Pool None
Spa None
Fencing None
Patio/Porch Deck - Exterior, Deck - Wood

Parking

Features Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,107
Assessed Value $514,300

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Washer/Dryer
Interior Features: Ceiling Fan(s), Slider, Sun Room
Windows:
Basement: Y
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Effective Year (Renovated): 2013
Structure Type: Garden, 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Radiant
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Wood, Other
Patio & Porch: Deck - Exterior, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Special Features

Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

93 N Cedar Park # 1, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School District
Melrose School District local
A
School Safety 2024-25
0.6% Low
0.4% Suspensions 0.4% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

7 schools
St. Mary Elementary School
0.5 mi
Grades PK-08
A
Roosevelt School
0.5 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
A
Lincoln School
0.5 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
Early Childhood Center
0.8 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
1.1 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
A
Winthrop School
1.1 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
1.4 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.5 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $426
Homeowners Insurance $200
HOA Fee $359/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

4.3%
Price Range
6
Total Days on Market

Property Timeline

Sold
Sep 19, 2024
$731,500
Property sold
Days on Market: 6
🏠
Listed for Sale
Aug 14, 2024
$699,900
Original listing
Agent: Alison Socha Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Aug 14, 2024 New Listing Added $699,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$588

Tax History

Year Taxes Assessment
2024 $5,107 $514,300

Financial Details

Annual Property Tax
$5,107
Tax Year 2024
HOA Fee
$359
Monthly
Assessed Value
$514,300

Listing Information

Listing Agent Alison Socha Group
Listing Office Leading Edge Real Estate
Agent MLS ID TEAM06
Office MLS ID AN4646
Listing Data Updated Sep 19, 2024 12:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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