43-51 Albion # 8, Melrose MA 02176

Melrose, MA 02176
$330,000
1
Beds
1
Baths
710
Sq Ft
$465
Price/Sq Ft
1976
Year Built
1
Garage Space
71
Days on Market
Sold Listed Apr 5, 2025 • MLS# 73355308 Copied! • Updated Jun 30, 2025

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Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $330,000
Difference: $39,900 (-10.8%)
Performance Metrics
89.2%
List to Sale Ratio
Sold below asking price
71
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $521
Sale $/sq ft: $465
This property sold for $465 per square foot
Sale Summary

This property sold for 10.8% below the original asking price.

The property spent 71 days on market before selling.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$465/sq ft
Area Median
$451/sq ft
Difference
+3.2%

This property sold slightly above the area median for similar homes.

About this home

Fabulous 1 br, 1 bath condo near downtown Melrose. Top floor unit with sliders to a deck and Southerly exposure. Drive right in to your elec. eye garage with easy interior access to the building and elevator. So convenient to downtown Melrose. Heat and Hot water included in the condo fee! Large laundry room with coin-op laundry facilities. Fast closing possible--move right in. No Pets allowed. No smoking or vaping of anything on the property. A 2nd private garage space may be available for rent in the building.

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Recently Sold Nearby

Property History

Market Insights

5.4%
Price Range
73
Total Days on Market

Property Timeline

Sold
Jun 27, 2025
$330,000
Property sold
Days on Market: 73
🏠
Listed for Sale
Apr 5, 2025
$349,000
Original listing
Agent: Todd Finn, Esq. Office: Doyle Real Estate

Tax History

Year Taxes Assessment
2025 $2,887 $291,600

Financial Details

Annual Property Tax
$2,887
Tax Year 2025
HOA Fee
$447
Monthly
Assessed Value
$291,600

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1976
Living Area 710 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Central
Cooling Wall Unit(s)
Flooring Laminate
Appliances Range
Fireplace None
Basement N
Laundry Common Area
Features None

Exterior

Construction Frame, Brick, Stone
Architecture None
Roof Rubber
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 1
Has Garage Yes
Features Under, Assigned
Total Spaces 1
Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $2,887
Assessed Value $291,600

HOA & Community

HOA Fee $447 Monthly
Fee Includes Heat, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Laundry, Elevator(s)
Optional Fee Includes None
Owner-Occupied Units 19
Seller Disclosures Ceiling Fan In Living Room And 2 Wall Ac Units Remain As Gifts.there Is A $175.00 Fee If The Buyer Requires A Condo Questionnaire For Their Mortgage Company. This Fee Is Paid By The Buyer, Directly To The Property Management Company.
Possession None
Accepted Financing Contract
Structure Type ["Garden"]
Unit/Building C-8
Sq Ft Source Field Card
Sq Ft Disclosures All Measurements are approximate Buyer and Buyer agent are to do due diligence
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements (6)
County Middlesex
Total market time (incl. prior listings) 73 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1976
Bedrooms
1
Full Bathrooms
1
Living Area
710 sq ft
Total Rooms
4
Stories
4
Entry Level
4

Floor Layout

Interior Features

Flooring: Laminate
Appliances: Range
Interior Features:
Windows:
Basement: N
Laundry: Common Area
Security: Intercom

Construction & Materials

Year Built: 1976
Structure Type: Garden
Exterior Materials: Frame, Brick, Stone
Roof: Rubber
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Assigned
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

3 schools
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.3 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
M

Middle Schools

3 schools
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
B+
Stoneham Central Middle School
2.0 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
C+
Saugus Middle School
2.1 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
A-
Stoneham High School
1.3 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
A-
Wakefield Memorial High School
2.0 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
C
Saugus High School
2.1 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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Location

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Neighborhood

43-51 Albion # 8, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Office Doyle Real Estate
Office Phone 978-777-8700
Agent MLS ID B0502002
Office MLS ID NB9081
Listing Data Updated Jun 30, 2025 3:13 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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