228 Main St, Melrose MA 02176

Melrose, MA 02176
$540,000
Est. $2,874/month
3
Beds
1.5
Baths
1,458
Sq Ft
$370
Price/Sq Ft
0.16
Acres
1875
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73293111

About this home

Contractors Delight....... A Single Family home that has been in the same Family for generations. Although it has newer windows, the rest of the home needs complete updating from stem to stern..... The lot is level and almost 7,000 square feet and the location allows for an easy stroll to Melrose Center in one direction or the Oak Grove Train Station in the other direction. Steps to Pine Banks as well....

Sale Statistics

Sale Overview
Original List Price: $525,000
Final Sale Price: $540,000
Difference: +$15,000 (+2.9%)
Performance Metrics
102.9%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $360
Sale $/sq ft: $370
This property sold for $370 per square foot
Sale Summary

This property sold for 2.9% 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.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1875
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,458 sq ft
Total Rooms
6

Interior Features

Heating
Forced Air, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Gas Water Heater
Basement Details
Full, Walk-Out Access
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Irregular
Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.16 acres
Lot Size
6,904 sq ft
Lot Size Area
0.1600
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Conservation Area, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,361
Tax Year
2024
Tax Assessed Value
$539,900
Parcel Number
M:0C4 P:0000035,653509
Zoning
URB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Water has been turned off. Seller will not provide smoke detector certificate. Cash Buyers only. Proof of funds is required.

Location

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Neighborhood

228 Main St, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $447
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.8%
Price Range
6
Total Days on Market

Property Timeline

Sold
Oct 31, 2024
$540,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Sep 20, 2024
$525,000
Original listing
Agent: Dale Brousseau Office: Trinity Real Estate

Price & Status History

Date Event Price Change
Sep 20, 2024 New Listing Added $525,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$370

Tax History

Year Taxes Assessment
2024 $5,361 $539,900

Financial Details

Annual Property Tax
$5,361
Tax Year 2024
Assessed Value
$539,900

Listing Information

Listing Agent Dale Brousseau
Listing Office Trinity Real Estate
Agent MLS ID B9500337
Office MLS ID AN6934

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