43-51 Albion St # B4, Melrose MA 02176

Melrose, MA 02176
$450,000
2
Beds
1
Baths
1,200
Sq Ft
$375
Price/Sq Ft
1976
Year Built
1
Garage Space
39
Days on Market
Sold Listed Sep 26, 2024 • MLS# 73295156 Copied! • Updated Dec 7, 2024

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Sale Statistics

Sale Overview
Original List Price: $485,000
Final Sale Price: $450,000
Difference: $35,000 (-7.2%)
Performance Metrics
92.8%
List to Sale Ratio
Sold below asking price
39
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $404
Sale $/sq ft: $375
This property sold for $375 per square foot
Sale Summary

This property sold for 7.2% below the original asking price.

The property spent 39 days on market before selling.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$375/sq ft
Area Median
$451/sq ft
Difference
16.8%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Welcome to Villa Cordoba, nestled in a quiet Melrose neighborhood and conveniently located to schools, quaint downtown, shopping, entertainment and transportation. Spacious 5-room 2-Bed 1-Bath is vacant and ready for immediate occupancy. The unit comes with 2 off-street parking spaces:1 in-building garage and 1 outdoor space. There are no restrictions for investors. Over $500k in common area/building improvements have been completed over the past 10+ years. Building amenities include an Elevator and Coin Op Laundry Room. There is an additional storage 4'x4'x4' bin on the lower level and space in the garage. The property is professionally managed. Heat and Hot water is included in the monthly Condo fee, Heat is regulated individually in the unit. Don't miss out on the opportunity to own in Melrose.

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Recently Sold Nearby

Property History

Market Insights

2%
Price Range
40
Total Days on Market

Property Timeline

Sold
Dec 4, 2024
$450,000
Property sold
Days on Market: 40
🏠
Listed for Sale
Sep 26, 2024
$459,000
Original listing
Agent: Judith Driscoll Office: Century 21 CELLI

Tax History

Year Taxes Assessment
2024 $3,583 $360,800

Financial Details

Annual Property Tax
$3,583
Tax Year 2024
HOA Fee
$546
Monthly
Assessed Value
$360,800

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1976
Living Area 1,200 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Tile, Vinyl
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Attached, Garage Door Opener, Storage, Off Street
Total Spaces 2
Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,583
Assessed Value $360,800

HOA & Community

HOA Fee $546 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Hot Water, Laundry, Elevator(s), Storage
Optional Fee Includes None
Owner-Occupied Units 17
Seller Disclosures Owner Is A Member Of The Board Of Trustees. Measurements Are Estimates And Buyer Should Perform Their Own Due Diligence. Some Marketing Materials Are Virtually Staged. Owner Has Never Lived Here..
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building B4
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Master Plan, Management Association Bylaws, Association Financial Statements, Certificate Of Insurance (6)
County Middlesex
Total market time (incl. prior listings) 40 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1976
Bedrooms
2
Full Bathrooms
1
Living Area
1,200 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile, Vinyl
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1976
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 2
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

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Garage Door Opener, Storage, 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

3 schools
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.3 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
0.4 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

3 schools
A-
Melrose Middle School
0.2 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
B+
Stoneham Central Middle School
2.0 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
C+
Saugus Middle School
2.1 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
1.3 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
2.0 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
2.1 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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Location

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Neighborhood

43-51 Albion St # B4, Melrose MA 02176

Melrose, MA 02176

Listing Information

Agent MLS ID CN240246
Office MLS ID AC1531
Listing Data Updated Dec 7, 2024 8:59 AM EST
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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