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49 Melrose St # 1H, Melrose MA 02176

Melrose, MA 02176
$462,000
Est. $3,463/month
2
Beds
2
Baths
1,252
Sq Ft
$369
Price/Sq Ft
1972
Year Built
30
Days on Market
Closed Listed Nov 13, 2024 • MLS# 73311958 Copied!

About this home

Welcome to Melrose Towers! This bright, (high), first-floor, large two-bedroom corner unit in a quiet, friendly community, offers big walk-in closets in both bedrooms and, a master en suite. The kitchen with a breakfast area showcases a big sunny window where you can enjoy your morning coffee or glass of wine while watching the sunset! PRIVATE ONE VEHICLE IN BUILDING deeded garage with storage space. No rain or snow to endure! 2nd spot is deeded spot #31H. Central air, multi zone heating, and a large screened-in balcony along with rm for a full-size in-unit washer and dryer (or use common laundry on lower level) complete this unit! In addition, excellent Board,onsite mngmnt co., 2 elevators, 2 pools, tennis courts, and a sauna plus outdoor grilling on the patio and lots of green space creating several park-like settings within the complex! There's plenty of guest parking, a brief walk to K -12, shopping, Commuter Rail, and Main Street buses make this your comfortable new home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,252 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $469,000
Final Sale Price: $462,000
Difference: $7,000 (-1.5%)
Performance Metrics
98.5%
List to Sale Ratio
Sold below asking price
30
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $375
Sale $/sq ft: $369
This property sold for $369 per square foot
Sale Summary

This property sold for 1.5% below the original asking price.

The property spent 30 days on market before selling.

Nearby Sales Comparison

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

This Property
$369/sq ft
Area Average
$262/sq ft
Difference
+40.7%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,252 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric
Cooling Central Air
Flooring Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement N
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony, Garden, Screens, Sprinkler System
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Heated Garage, Storage, Deeded, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,187
Assessed Value $421,700

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Screens
Basement: N
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1972
Structure Type: Garden
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Garden, Screens, Sprinkler System
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Heated Garage, Storage, Deeded, Off Street

Location

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Neighborhood

49 Melrose St # 1H, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

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

7 schools
St. Mary Elementary School
0.9 mi
Grades PK-08
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.4 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
A
Winthrop School
0.8 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
A
Lincoln School
1.0 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A-
Herbert Clark Hoover School
1.3 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
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
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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 $349
Homeowners Insurance $200
HOA Fee $578/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

22.9%
Price Range
33
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73445730
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 4, 2025
$599,000
MLS #73445730
Sold
Dec 19, 2024
$462,000
Property sold
Days on Market: 33
🏠
Listed for Sale
Nov 13, 2024
$469,000
Original listing
Agent: Julie Cronin Office: LAER Realty Partners

Price & Status History

Date Event Price Change
Dec 4, 2025 Sold $599,000
Nov 13, 2024 New Listing Added $469,000

Market Statistics

Days on Market
30 days
Price per Sq Ft
$369

Tax History

Year Taxes Assessment
2024 $4,187 $421,700

Financial Details

Annual Property Tax
$4,187
Tax Year 2024
HOA Fee
$578
Monthly
Assessed Value
$421,700

Listing Information

Listing Agent Julie Cronin
Listing Office LAER Realty Partners
Agent MLS ID B8001051
Office MLS ID AN3158
Listing Data Updated Jan 3, 2025 1:21 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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