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43-51 Albion St, Melrose MA 02176

Melrose, MA 02176
$235,000
Est. $1,958/month
1
Beds
1
Baths
548
Sq Ft
$429
Price/Sq Ft
1976
Year Built
19
Days on Market
Closed Listed Oct 23, 2024 • MLS# 73305305 Copied!

About this home

Showings Available Welcome to Villa Cordoba. 1 Bedroom 1 Bath newly painted is ready for occupancy. Ample living room and bedroom. Double sized hall closet. Kitchen has plenty of cabinets. Heat & Hot Water included in HOA fee. Newer appliances and A/C unit. Laundry is on same level as unit. Across the hall from the unit is a 4 ft cube/extra storage space. 1 deeded parking space (#7). HOA has spent over $500K in the past 10+ years on building improvements. A few esthetic projects are left but have been budgeted and approved. HOA fees voted in to remain the same for 2025. Visitor parking is designated for non-residents only. Per condo rules No Animals, No smoking or vaping are allowed on the property ( see rules and regulations). Unit is vacant easy to show. Conveniently located to routes 1 & 93, public transportation, shopping, dining out, recreational activities and community garden. Why rent when you can own or have a great investment opportunity. Motivated Seller

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1976
Bedrooms
1
Full Bathrooms
1
Living Area
548 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $269,000
Final Sale Price: $235,000
Difference: $34,000 (-12.6%)
Performance Metrics
87.4%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $491
Sale $/sq ft: $429
This property sold for $429 per square foot
Sale Summary

This property sold for 12.6% below the original asking price.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$429/sq ft
Area Average
$262/sq ft
Difference
+63.6%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1976
Living Area 548 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Central, Electric
Cooling Wall Unit(s)
Flooring Laminate
Appliances Range, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Brick, Block
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,289
Assessed Value $230,500

Interior Features

Flooring: Laminate
Appliances: Range, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1976
Structure Type: Garden
Exterior Materials: Brick, Block
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Electric
Heating Zones: 1
Cooling: Wall Unit(s)
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

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Location

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Neighborhood

43-51 Albion St, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $191
Homeowners Insurance $200
HOA Fee $379/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

12.6%
Price Range
20
Total Days on Market

Property Timeline

Sold
Dec 13, 2024
$235,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Oct 23, 2024
$269,000
Original listing
Agent: Judith Driscoll Office: Century 21 CELLI

Price & Status History

Date Event Price Change
Oct 23, 2024 New Listing Added $269,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$429

Tax History

Year Taxes Assessment
2024 $2,289 $230,500

Financial Details

Annual Property Tax
$2,289
Tax Year 2024
HOA Fee
$379
Monthly
Assessed Value
$230,500

Listing Information

Listing Office Century 21 CELLI
Agent MLS ID CN240246
Office MLS ID AC1531
Listing Data Updated Dec 14, 2024 4:11 PM 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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