108 Derby Rd, Melrose MA 02176

Melrose, MA 02176
$750,000
Est. $3,992/month
3
Beds
2
Baths
1,298
Sq Ft
$578
Price/Sq Ft
0.09
Acres
1950
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73300646

About this home

Welcome to 108 Derby Rd, a beautifully maintained home in a desirable location just steps from Oak Grove, the commuter rail, and downtown Melrose. With brand new siding, windows and roof, this residence offers fantastic curb appeal. Inside, you'll find a newly remodeled eat-in kitchen featuring granite countertops, recessed lighting, and new appliances. The freshly painted interior is complemented by gleaming hardwood floors, three spacious bedrooms, and a full tiled bath on the main level. The upper level boasts a king-sized bedroom with skylights and a bonus play space. The attached garage leads to a clean, roomy basement ready for your finishing touches, complete with bonus bathroom, storage room, laundry and high-efficiency heating and hot water systems. The fenced backyard is perfect for entertaining or enjoying time with loved ones. Whether you're a first-time buyer or looking to downsize, this single-family home offers exceptional maintenance and value at this price point!

Sale Statistics

Sale Overview
Original List Price: $699,000
Final Sale Price: $750,000
Difference: +$51,000 (+7.3%)
Performance Metrics
107.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $539
Sale $/sq ft: $578
This property sold for $578 per square foot
Sale Summary

This property sold for 7.3% 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
1950
Bedrooms
3
Full Bathrooms
2
Living Area
1,298 sq ft
Total Rooms
6

Interior Features

Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater
Basement Details
Full, Walk-Out Access, Unfinished

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block
Exterior Features
Porch - Enclosed
Patio/Porch Features
Porch - Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,051 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Attached, Under, Off Street
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,587
Tax Year
2024
Tax Assessed Value
$562,600
Parcel Number
652720
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Basement bathroom is not included in public record.

Location

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Neighborhood

108 Derby Rd, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Elementary School
District
Rating information coming soon
Middle School
Mms
Rating information coming soon
High School
Mhs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $466
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.8%
Price Range
7
Total Days on Market

Property Timeline

Sold
Nov 7, 2024
$750,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Oct 10, 2024
$699,000
Original listing
Agent: Alex Genovese Office: Flow Realty, Inc.

Price & Status History

Date Event Price Change
Oct 10, 2024 New Listing Added $699,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$578

Tax History

Year Taxes Assessment
2024 $5,587 $562,600

Financial Details

Annual Property Tax
$5,587
Tax Year 2024
Assessed Value
$562,600

Listing Information

Listing Agent Alex Genovese
Listing Office Flow Realty, Inc.
Agent MLS ID BB700582
Office MLS ID NB4184

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