Dimensions12 x 12
FeaturesFlooring - Hardwood
LevelFirst
585 Franklin St # 3, Melrose MA 02176
Melrose, MA 02176 • Melrose Highlands
$615,000
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Sale Statistics
Sale Overview
Original List Price:
$599,900
Final Sale Price:
$615,000
Difference:
+$15,100 (+2.5%)
Performance Metrics
102.5%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$405
Sale $/sq ft:
$415
This property sold for $415 per square foot
Sale Summary
This property sold for 2.5% above the original asking price, indicating strong buyer demand.
With only 20 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 10 similar properties sold within 0.5 miles in the last 90 days
This Property
$415/sq ft
Area Median
$445/sq ft
Difference
6.8%
This property sold near the area median for similar homes.
About this home
Charming Condo in Melrose! This stunning condominium blends old-world charm with modern convenience in the highly desirable Melrose Highlands. With 1,482 square feet of living space, the unit features three bedrooms, two full bathrooms, and an inviting sunroom, offering a perfect balance of functionality and style. Architectural details like bay windows, coffered ceilings, and hardwood floors create an atmosphere of timeless elegance. Natural light pours into the space, highlighting the craftsmanship that sets this home apart. The tall ceilings add to the spacious feel, making it both warm and expansive. Practicality meets luxury with in-unit laundry, a spacious storage room, and one of the rare six detached garage spots. Just steps from your front door, you’ll find a variety of restaurants, coffee shops, and the commuter rail, making this a true urban oasis. Whether you're commuting into the city or enjoying the local amenities, this location offers unparalleled convenience.
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Property History
Market Insights
2.5%
Price Range
22
Total Days on Market
Property Timeline
Sold
Nov 1, 2024
$615,000
Property sold
Days on Market: 22
Listed for Sale
Sep 26, 2024
$599,900
Original listing
Agent: The Mary Scimemi Team
Office: Leading Edge Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/01/2024 | ✓ Sold | $615,000 | - | - | Property sold |
| 09/26/2024 | 🏠 Listed for Sale | $599,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $4,886 | $492,000 |
Financial Details
Annual Property Tax
$4,886
Tax Year 2024
HOA Fee
$810
Monthly
Assessed Value
$492,000
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Condominium
Year Built
1910
Living Area
1,482 sq ft
Bedrooms
3
Full Baths
2
Total Rooms
6
Interior
Heating
Steam, Oil
Cooling
None
Flooring
Wood, Tile, Flooring - Hardwood
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
In Unit
Features
Sun Room
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$4,886
Assessed Value
$492,000
HOA & Community
HOA Fee
$810 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities
Hot Water
Optional Fee Includes
None
Owner-Occupied Units
14
MA Disclosures
Seller Disclosures
See Info Pack
Exclusions
See Info Pack
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
3
Sq Ft Source
Public Record
Sq Ft Disclosures
Measurements/living area are estimated from floor plans and public records, buyers should verify.
Documents
Master Deed, Unit Deed, Rules & Regs (3)
County
Middlesex
Total market time (incl. prior listings)
22 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1910
Bedrooms
3
Full Bathrooms
2
Living Area
1,482 sq ft
Total Rooms
6
Stories
3
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Dimensions12 x 8
FeaturesFlooring - Hardwood, French Doors
LevelFirst
Dimensions12 x 12
FeaturesFlooring - Hardwood, Gas Stove
LevelFirst
Dimensions12 x 10
FeaturesCloset, Flooring - Hardwood
LevelFirst
Dimensions18 x 15
FeaturesFlooring - Hardwood, Window(s) - Bay/Bow/Box
LevelFirst
Dimensions18 x 12
FeaturesCloset, Flooring - Hardwood
LevelFirst
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Flooring - Hardwood
Appliances:
Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Sun Room
Windows:
Basement:
Y
Laundry:
In Unit
Security:
Intercom
Construction & Materials
Year Built:
1910
Structure Type:
Garden
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
3
Heating, Cooling & Utilities
Heating:
Steam, Oil
Heating Zones:
1
Cooling:
None
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
Garage Spaces:
1
Total Parking Spaces:
1
Parking Features:
Detached
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
Elementary Schools
7 schools
St. Mary Elementary School
1.1 mi
Grades PK-08
A
Roosevelt School
0.2 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
Early Childhood Center
0.5 mi
246 students
Moderate
Grades PK-K
A+
Horace Mann School
0.7 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
Lincoln School
1.2 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
A
Winthrop School
1.2 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
1.7 mi
|
#218 of 824
|
Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students
Moderate
Grades K-05
Middle Schools
1 school
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
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Location
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Neighborhood
Melrose Highlands
585 Franklin St # 3, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
The Mary Scimemi Team
Listing Office
Leading Edge Real Estate
Office Phone
781-979-0100
Agent MLS ID
TM325754
Office MLS ID
AN4646
Listing Data Updated
Nov 2, 2024 6:26 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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