408 Lebanon # 15, Melrose MA 02176

Melrose, MA 02176 • Wyoming
$625,000
2
Beds
2
Baths
1,700
Sq Ft
$368
Price/Sq Ft
1896
Year Built
2
Parking
8
Days on Market
Sold Listed Sep 2, 2024 • MLS# 73283620 Copied! • Updated Oct 16, 2024

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Sale Statistics

Sale Overview
Original List Price: $629,900
Final Sale Price: $625,000
Difference: $4,900 (-0.8%)
Performance Metrics
99.2%
List to Sale Ratio
Sold below asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $371
Sale $/sq ft: $368
This property sold for $368 per square foot
Sale Summary

This property sold for 0.8% below the original asking price.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$368/sq ft
Area Median
$281/sq ft
Difference
+31.2%

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

About this home

Exceptional penthouse located in the Washington Estates, just a short walk from downtown Melrose. Spanning approx. 1,700 sq ft, this residence offers 2+ bedrooms and 2 full baths. As you step inside, you're greeted by an abundance of natural light pouring through two skylights, highlighting the soaring vaulted ceilings and hardwood floors throughout. The open floor plan seamlessly connects the spacious dining room and living room, creating a perfect space for both relaxation and entertaining. The gourmet kitchen features brand-new quartz countertops and a stylish backsplash, complemented by an adjacent office area ideal for working from home. The expansive primary bedroom is a retreat of its own, double closets and an ensuite bathroom for ultimate privacy. A den off the living room complete with built-ins. a skylight, and a pocket door, skylight, and a pocket door, adds charm. Large second bedroom, designed in a loft style double closets. Central air. Comes with 2 parking spots.

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Recently Sold Nearby

Property History

Market Insights

0.8%
Price Range
9
Total Days on Market

Property Timeline

Sold
Oct 15, 2024
$625,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Sep 2, 2024
$629,900
Original listing
Agent: Cheryl Petitpas Office: RE/MAX Platinum

Tax History

Year Taxes Assessment
2024 $6,220 $626,400

Financial Details

Annual Property Tax
$6,220
Tax Year 2024
HOA Fee
$350
Monthly
Assessed Value
$626,400

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1896
Living Area 1,700 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Oven, Dishwasher, Disposal, Range, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup
Features Exercise Room, Den

Exterior

Construction Brick
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $6,220
Assessed Value $626,400

HOA & Community

HOA Fee $350 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash
Amenities None
Optional Fee Includes None
Owner-Occupied Units 14
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Townhouse","Mid-Rise"]
Unit/Building 15
Sq Ft Source Public Record
Documents Rules & Regs, Certificate Of Insurance (2)
County Middlesex
Total market time (incl. prior listings) 9 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1896
Bedrooms
2
Full Bathrooms
2
Living Area
1,700 sq ft
Total Rooms
5
Stories
2
Entry Level
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Oven, Dishwasher, Disposal, Range, Refrigerator, Freezer, Washer, Dryer
Interior Features: Exercise Room, Den
Windows: Skylight
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1896
Effective Year (Renovated): 1984
Structure Type: Townhouse, Mid-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Electric
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: Off Street
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
0.4 mi
Grades PK-08
A
Winthrop School
0.6 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
0.6 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A
Lincoln School
0.6 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
0.9 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
1.1 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+
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
M

Middle Schools

1 school
A-
Melrose Middle School
0.9 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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Location

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Neighborhood

Wyoming

408 Lebanon # 15, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Cheryl Petitpas
Listing Office RE/MAX Platinum
Office Phone 781-484-1957
Agent MLS ID CT004128
Office MLS ID AN4663
Listing Data Updated Oct 16, 2024 8:27 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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