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49 Melrose St # 1A, Melrose MA 02176

Melrose, MA 02176
$420,500
Est. $3,019/month
1
Beds
1
Baths
792
Sq Ft
$531
Price/Sq Ft
1972
Year Built
7
Days on Market
Closed Listed Feb 12, 2025 • MLS# 73334787 Copied!

About this home

This charming first-floor 1 bedroom 1 bath condo in Melrose Towers was renovated in 2023, blending modern upgrades with New England charm. The bright living room features large windows, while the eat-in kitchen boasts stainless steel appliances, quartz counters, and ample storage. The spacious bedroom accommodates a king bed and offers deep closet space. The updated bathroom includes modern fixtures and heated floors. Additional amenities include one off-street parking space (31A), personal storage, and handicap accessibility. Enjoy community amenities like tennis, basketball courts, a pool, and entertainment areas. The location offers easy access to downtown Melrose, public transit (Oak Grove MBTA, Wyoming Hill Commuter Rail), and major highways for easy Boston commutes. Nearby attractions include shopping, golf, and outdoor recreation, plus top public and private schools. Perfect for first-time buyers, downsizers, or those seeking a rental alternative. Has Verizon Fiber Optic avail.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
1
Full Bathrooms
1
Living Area
792 sq ft
Total Rooms
4
Stories
7
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $420,500
Final Sale Price: $420,500
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $531
Sale $/sq ft: $531
This property sold for $531 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 7 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
$531/sq ft
Area Average
$262/sq ft
Difference
+102.4%

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 1972
Living Area 792 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Electric, Unit Control
Cooling Heat Pump
Flooring Vinyl / Vct
Appliances Dishwasher, Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range, Oven
Fireplace None
Basement N
Laundry In Building, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Block
Architecture None
Roof None
Features Balcony, Tennis Court(s)
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $3,468
Assessed Value $350,300

Interior Features

Flooring: Vinyl / VCT
Appliances: Dishwasher, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Oven
Interior Features:
Windows:
Basement: N
Laundry: In Building, In Unit, Electric Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 1972
Structure Type: Mid-Rise
Exterior Materials: Block
Roof:
Foundation:
Stories: 7

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric, Unit Control
Heating Zones: 3
Cooling: Heat Pump
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Tennis Court(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Location

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Neighborhood

49 Melrose St # 1A, 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
Learn about these ratings

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 $289
Homeowners Insurance $200
HOA Fee $404/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

13
Total Days on Market

Property Timeline

Sold
Mar 24, 2025
$420,500
Property sold
Days on Market: 13
🏠
Listed for Sale
Feb 12, 2025
$420,500
Original listing
Agent: Devon Holden Office: C. Devon's Homes, LLC

Price & Status History

Date Event Price Change
Feb 12, 2025 New Listing Added $420,500

Market Statistics

Days on Market
7 days
Price per Sq Ft
$531

Tax History

Year Taxes Assessment
2025 $3,468 $350,300

Financial Details

Annual Property Tax
$3,468
Tax Year 2025
HOA Fee
$404
Monthly
Assessed Value
$350,300

Listing Information

Listing Agent Devon Holden
Listing Office C. Devon's Homes, LLC
Agent MLS ID CN203600
Office MLS ID AN4821
Listing Data Updated Mar 25, 2025 9:14 AM EDT
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

49 Melrose St # 1A, Melrose MA 02176 - Photo 1 49 Melrose St # 1A, Melrose MA 02176 - Photo 2 49 Melrose St # 1A, Melrose MA 02176 - Photo 3 49 Melrose St # 1A, Melrose MA 02176 - Photo 4 49 Melrose St # 1A, Melrose MA 02176 - Photo 5 49 Melrose St # 1A, Melrose MA 02176 - Photo 6 49 Melrose St # 1A, Melrose MA 02176 - Photo 7
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