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585 Franklin St # 3, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands
$615,000
3
Beds
2
Baths
1,482
Sq Ft
$415
Price/Sq Ft
1910
Year Built
1
Garage Space
20
Days on Market
Closed Listed Sep 26, 2024 • MLS# 73295113 Copied! • Updated Nov 2, 2024

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 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$415/sq ft
Area Average
$147/sq ft
Difference
+181.5%

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

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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Recently Sold Nearby

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

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
Garage Spaces 1
Has Garage Yes
Features Detached
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
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
Seller Disclosures See Info Pack
Exclusions See Info Pack
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
For Sale
Year Built
1910
Bedrooms
3
Full Bathrooms
2
Living Area
1,482 sq ft
Total Rooms
6
Stories
3
Entry Level
3

Room Details

First Floor

Bedroom3
12 x 12
Flooring - Hardwood
Dining Room
12 x 8
Flooring - Hardwood, French Doors
Kitchen
12 x 12
Flooring - Hardwood, Gas Stove
Bedroom2
12 x 10
Closet, Flooring - Hardwood
Living Room
18 x 15
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Master Bedroom
18 x 12
Closet, Flooring - Hardwood

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
Yes

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 information not available for this location.

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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Market Analytics for Melrose, MA

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