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340 Main St # 310, Melrose MA 02176

Melrose, MA 02176
$260,000
1
Beds
1
Baths
419
Sq Ft
$621
Price/Sq Ft
1970
Year Built
1
Parking
5
Days on Market
Closed Listed Mar 19, 2025 • MLS# 73347424 Copied! • Updated Apr 11, 2025

Sale Statistics

Sale Overview
Original List Price: $260,000
Final Sale Price: $260,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $621
Sale $/sq ft: $621
This property sold for $621 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 5 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
$621/sq ft
Area Average
$284/sq ft
Difference
+118.7%

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

About this home

Welcome to 340 Main Street. This sleek, studio condo is perfectly situated within the heart of downtown Melrose. Here you are nestled-in close by to the many boutique shops, restaurants and civic offices that have served to anchor Melrose's reputation as a thriving, vibrant community. Enjoy easy access to public transportation by both bus and train for a quick trip around town or commute into Boston. Showcasing updated flooring, new kitchen (2024), fresh paint and a good-sized bathroom. The unit also comes with a deeded parking space (#6) within the Melrose Place Condominium parking lot along with two shared balconies on the east and west side of the building. The Melrose Place Condominium Trust is well funded and currently engaged in a fully funded project to update and improve both interior and exterior aesthetics through this spring. Whether you are an owner occupied buyer or an investor, this is a fantastic opportunity to buy into one of the best markets in all of Greater Boston!

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Recently Sold Nearby

Property History

Market Insights

7
Total Days on Market

Property Timeline

Sold
Apr 11, 2025
$260,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Mar 19, 2025
$260,000
Original listing
Agent: Chad Erenhouse Office: Classified Realty Group

Tax History

Year Taxes Assessment
2025 $2,198 $222,000

Financial Details

Annual Property Tax
$2,198
Tax Year 2025
HOA Fee
$353
Per month
Assessed Value
$222,000

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 419 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 2

Interior

Heating Electric
Cooling Wall Unit(s)
Flooring None
Appliances Range, Refrigerator, Freezer, Range Hood
Fireplace None
Basement N
Laundry Common Area, In Building
Features Internet Available - Broadband

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Has Garage Yes
Features Under, Off Street, Deeded, Exclusive Parking
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $2,198
Assessed Value $222,000

HOA & Community

HOA Fee $353
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Laundry, Elevator(s)
Optional Fee Includes None
Seller Disclosures None
Exclusions All Furniture Is Professional Staging And Is Excluded From The Sale.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 310
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (4)
County Middlesex
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
419 sq ft
Total Rooms
2
Stories
1
Entry Level
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Range, Refrigerator, Freezer, Range Hood
Interior Features: Internet Available - Broadband
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1970
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 2
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

Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Off Street, Deeded, Exclusive Parking

Nearby Schools

School information not available for this location.

Location

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Neighborhood

340 Main St # 310, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Office Classified Realty Group
Office Phone 781-944-1901
Agent MLS ID CN202903
Office MLS ID AN1116
Listing Data Updated Apr 11, 2025 1:17 PM 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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