534 Main St # 10, Melrose MA 02176

Melrose, MA 02176

$387,000

1

Beds

1

Baths

542

Sq Ft

$714

Price/Sq Ft

1900

Year Built

Condominium

Type

20

Days on Market

Sold Listed Jan 7, 2025 • MLS# 73323727 Copied! • Updated Feb 7, 2025

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Sale Statistics

Sale Overview

Original List Price: $385,000

                            Final Sale Price:
                            $387,000
                        

Difference: +$2,000 (+0.5%)

Performance Metrics

100.5%

List to Sale Ratio

Sold above asking price

20

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $710

                            Sale $/sq ft:
                            $714
                        

This property sold for $714 per square foot

Sale Summary

This property sold for 0.5% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property

$714/sq ft

Area Median

$490/sq ft

Difference

+45.8%

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

About this home

This sought after loft-style condo at The Essex is located in the heart of downtown Melrose, offering the best in dining, shopping & transportation at your doorstep. This bright & airy corner unit features an open-concept layout w/12-foot ceilings & high-end finishes. The kitchen is a standout w/ diamond glass knobs, a mother-of-pearl backsplash, quartz countertops, & ss appliances. The living room w/ an oversized bay window, overlooks Main & Essex Streets. The remodeled bath includes heated tile floors, a full bathtub w/ subway tile, modern vanity w/ ample storage, & chic lighting. Additional highlights include 4 spacious closets, central AC, newer Navien water heater, hardwood floors, storage, & laundry in the building. This pet-friendly assoc. also offers a low condo fee. The location is unbeatable, just 4 blocks to Cedar Park commuter rail w/ bus service outside your door for quick access to the Orange Line at Oak Grove, 1.7 miles away. This is the space you have been looking for!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

0.5%

Price Range

22

Total Days on Market

Property Timeline

✓

Sold

Feb 7, 2025

$387,000

Property sold

Days on Market: 22

🏠

Listed for Sale

Jan 7, 2025

$385,000

Original listing

Agent: Melissa Silva Office: RE/MAX 360

Date	Event	Price	Change	$/sqft	Details
02/07/2025	✓ Sold	$387,000	-	-	Property sold
01/07/2025	🏠 Listed for Sale	$385,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$3,356	$338,000

Financial Details

Annual Property Tax

$3,356

Tax Year 2024

HOA Fee

$249

Monthly

Assessed Value

$338,000

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 542 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator

Fireplace None

Basement N

Laundry In Building

Features None

Exterior

Construction Frame

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Rented, None

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $3,356

Assessed Value $338,000

HOA & Community

HOA Fee $249 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Amenities Laundry

Optional Fee Includes None

Owner-Occupied Units 8

MA Disclosures

Seller Disclosures Parking Available For Rent Behind Memorial Hall

Additional Details

Possession None

Accepted Financing None

Structure Type ["Loft"]

Unit/Building 10

Sq Ft Source Public Record

Sq Ft Disclosures floor plans for marketing purposes only.

Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)

County Middlesex

Total market time (incl. prior listings) 22 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

1

Full Bathrooms

1

Living Area

542 sq ft

Total Rooms

3

Stories

1

Entry Level

2

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator

Interior Features:

Windows:

Basement: N

Laundry: In Building

Security: Intercom

Construction & Materials

Year Built: 1900

Effective Year (Renovated): 2008

Structure Type: Loft

Exterior Materials: Frame

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Heating Zones: 1

Cooling: Central Air

Cooling Zones: 1

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

Parking Features: Rented, None

Nearby Schools

School information not available for this location.

Location

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Neighborhood

534 Main St # 10, Melrose MA 02176

Melrose, MA 02176

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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