198 Washington Street # 1, Melrose MA 02176

Melrose, MA 02176
$535,000
Est. $2,847/month
2
Beds
1
Baths
822
Sq Ft
$651
Price/Sq Ft
1890
Year Built
Condominium
Type
53
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73297495

About this home

Ready to turn the keys over to your landlord? Well, here’s your chance to buy something of your very own! Completely renovated in 2017, this turn-key first-level condo features a bright, airy, open-concept layout with soaring ceilings, hardwood floors, eat-in kitchen, and gas fireplace. Take note of large basement offering loads of storage, in-unit laundry on the main level, bonus bedroom ideal for home office and full bathroom with designer finishes. But it’s the location that is sure to seal the deal! Located just steps to Oak Grove for quick easy access into Boston with a backyard offering views and direct access to The Fells and Cascade Falls, in addition to parking for guests and green space for your four-legged friends. Pet-friendly 2-unit owner association provides the feel of a single-family without the hassle of constant upkeep, plus no condo fee. Take it all in on your exclusive covered porch and welcome yourself home before the start of the new year!

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $535,000
Difference: $14,000 (-2.6%)
Performance Metrics
97.4%
List to Sale Ratio
Sold below asking price
53
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $668
Sale $/sq ft: $651
This property sold for $651 per square foot
Sale Summary

This property sold for 2.6% below the original asking price.

The property spent 53 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1890
Bedrooms
2
Full Bathrooms
1
Living Area
822 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Interior Features

Flooring
Tile, Hardwood
Heating
Central, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Laundry Features
First Floor, In Building, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, Washer Hookup, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,756
Tax Year
2024
Tax Assessed Value
$479,000
Parcel Number
M:0A4 P:002+61,5006686
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Attached Property
Yes
Disclosures
Propane tanks are owned. City of Melrose covers the plowing, HOA personally maintains the green space. Owner pays $250/quarter for water/trash/sewer and $1, 359/year for master insurance.
Exclusions
All Appliances Included With Sale. Curtains Excluded.
Listing Terms
Contract

Location

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Neighborhood

198 Washington Street # 1, 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 $396
Homeowners Insurance $200
PMI $0

Property History

Market Insights

55
Total Days on Market

Property Timeline

Sold
Dec 23, 2024
$535,000
Property sold
Days on Market: 55
🏠
Listed for Sale
Oct 2, 2024
$535,000
Original listing
Agent: Susan Gormady Group Office: Classified Realty Group

Price & Status History

Date Event Price Change
Oct 2, 2024 New Listing Added $535,000

Market Statistics

Days on Market
53 days
Price per Sq Ft
$651

Tax History

Year Taxes Assessment
2024 $4,756 $479,000

Financial Details

Annual Property Tax
$4,756
Tax Year 2024
Assessed Value
$479,000

Listing Information

Listing Agent Susan Gormady Group
Listing Office Classified Realty Group
Agent MLS ID TM337444
Office MLS ID AN1116

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