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230 Essex # 29, Melrose MA 02176

Melrose, MA 02176
$342,800
Est. $2,620/month
1
Beds
1
Baths
615
Sq Ft
$557
Price/Sq Ft
1953
Year Built
11
Days on Market
Closed Listed Feb 2, 2025 • MLS# 73331507 Copied!

About this home

A Commuter’s Dream! This bright and sunny penthouse-level 1-bedroom, 1-bath condo at Pondfield Towers offers the perfect blend of comfort, style, and convenience. Move-in ready, the home features an open floor plan with gleaming hardwood floors, abundant natural light, and generous closet space throughout. The freshly painted interior includes a beautifully updated kitchen with a brand-new range, plus a small private balcony—perfect for unwinding or enjoying your morning coffee. Nestled in the heart of Melrose, you’re just a short stroll from the vibrant downtown area, with its charming shops, incredible restaurants, and local attractions. The professionally managed building is well-maintained and offers deeded parking, along with convenient on-site laundry facilities. Commuting couldn’t be easier with the commuter rail and the T just a short walk away, plus quick access to major highways, making travel to Boston and beyond a breeze. Open House Sunday 2/9 canceled due to weather.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1953
Bedrooms
1
Full Bathrooms
1
Living Area
615 sq ft
Total Rooms
4
Stories
4
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $325,000
Final Sale Price: $342,800
Difference: +$17,800 (+5.5%)
Performance Metrics
105.5%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $528
Sale $/sq ft: $557
This property sold for $557 per square foot
Sale Summary

This property sold for 5.5% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$557/sq ft
Area Average
$465/sq ft
Difference
+19.8%

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 1953
Living Area 615 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s)
Flooring Wood, Tile, Vinyl
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Frame, Brick
Architecture None
Roof Tar/gravel, Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,926
Assessed Value $295,600

Interior Features

Flooring: Wood, Tile, Vinyl
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1953
Structure Type: Garden
Exterior Materials: Frame, Brick
Roof: Tar/Gravel, Rubber
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Location

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Neighborhood

230 Essex # 29, 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
0.4 mi
Grades PK-08
A
Lincoln School
0.5 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
Roosevelt School
0.5 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
Early Childhood Center
0.7 mi
246 students Moderate
Grades PK-K
A
Winthrop School
0.9 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+
Horace Mann School
1.0 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-
Herbert Clark Hoover School
1.2 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
0.4 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 $244
Homeowners Insurance $200
HOA Fee $443/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

5.2%
Price Range
19
Total Days on Market

Property Timeline

Sold
Mar 14, 2025
$342,800
Property sold
Days on Market: 19
🏠
Listed for Sale
Feb 2, 2025
$325,000
Original listing
Agent: Brian Rice Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Feb 2, 2025 New Listing Added $325,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$557

Tax History

Year Taxes Assessment
2025 $2,926 $295,600

Financial Details

Annual Property Tax
$2,926
Tax Year 2025
HOA Fee
$443
Monthly
Assessed Value
$295,600

Listing Information

Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID CN226191
Office MLS ID AN4472
Listing Data Updated Mar 17, 2025 10:35 AM EDT
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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