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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
20
Days on Market
Closed Listed Jan 7, 2025 • MLS# 73323727 Copied! • Updated Feb 7, 2025

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 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$714/sq ft
Area Average
$286/sq ft
Difference
+149.4%

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!

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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

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
Features Rented, None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
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
Seller Disclosures Parking Available For Rent Behind Memorial Hall
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
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
542 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Room Details

Second Floor

Bathroom1
5 x 7.333333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Kitchen
5.25 x 16.833333333
Vaulted Ceiling(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Living Room
11.75 x 16.833333333
Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Lighting - Overhead
Master Bedroom
10.5 x 11.083333333
Closet, Flooring - Hardwood, Lighting - Overhead

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
No

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

Listing Information

Listing Agent Melissa Silva
Agent MLS ID CN205068
Office MLS ID AN7070
Listing Data Updated Feb 7, 2025 12:16 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

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