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974-976 Main St # 17, Melrose MA 02176

Melrose, MA 02176
$290,000
Est. $2,283/month
1
Beds
1
Baths
552
Sq Ft
$525
Price/Sq Ft
1972
Year Built
32
Days on Market
Closed Listed Sep 10, 2024 • MLS# 73288099 Copied!

About this home

RARE Woodbriar Heights Condo new to market! Cozy 1BR condo is a commuters delight. Easy access to Boston, whether driving, taking public transportation or commuter rail. Short distance down Main Street to shops/restaurants of downtown Melrose. Towers Plaza Shopping Mall, including WholeFoods, only 1 block away. Come make this condo your own with upgrades/renovations that suit your needs. New KIT and bathroom equals instant equity! Private balcony to relax and take in the fresh air. Laundry in building. Dedicated exterior parking space. Easy to show.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
1
Full Bathrooms
1
Living Area
552 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $319,900
Final Sale Price: $290,000
Difference: $29,900 (-9.3%)
Performance Metrics
90.7%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $580
Sale $/sq ft: $525
This property sold for $525 per square foot
Sale Summary

This property sold for 9.3% below the original asking price.

The property spent 32 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$525/sq ft
Area Average
$262/sq ft
Difference
+100.2%

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 1972
Living Area 552 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Vinyl, Carpet
Appliances Range, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry None
Features Elevator

Exterior

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

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

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

Financial

Annual Tax $2,568
Assessed Value $258,600

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Disposal, Microwave, Refrigerator
Interior Features: Elevator
Windows:
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1972
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

974-976 Main St # 17, 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

3 schools
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.3 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
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
M

Middle Schools

2 schools
A-
Melrose Middle School
0.4 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
C+
Saugus Middle School
2.0 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
A-
Stoneham High School
1.5 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
A-
Wakefield Memorial High School
1.8 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
C
Saugus High School
2.0 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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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 $214
Homeowners Insurance $200
HOA Fee $403/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

3.3%
Price Range
34
Total Days on Market

Property Timeline

Sold
Oct 25, 2024
$290,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Sep 10, 2024
$299,900
Original listing
Agent: Sean Page Office: Signature Page Real Estate, LLC

Price & Status History

Date Event Price Change
Sep 10, 2024 New Listing Added $299,900

Market Statistics

Days on Market
32 days
Price per Sq Ft
$525

Tax History

Year Taxes Assessment
2024 $2,568 $258,600

Financial Details

Annual Property Tax
$2,568
Tax Year 2024
HOA Fee
$403
Monthly
Assessed Value
$258,600

Listing Information

Listing Agent Sean Page
Listing Office Signature Page Real Estate, LLC
Agent MLS ID CT006541
Office MLS ID AN3302
Listing Data Updated Oct 28, 2024 10:19 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

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