53 Melrose St # 7G, Melrose MA 02176

Melrose, MA 02176
$380,000
1
Beds
1
Baths
755
Sq Ft
$503
Price/Sq Ft
1961
Year Built
1
Parking
12
Days on Market
Sold Listed Apr 11, 2025 • MLS# 73358766 Copied! • Updated May 19, 2025

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Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $380,000
Difference: +$30,100 (+8.6%)
Performance Metrics
108.6%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $463
Sale $/sq ft: $503
This property sold for $503 per square foot
Sale Summary

This property sold for 8.6% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$503/sq ft
Area Median
$451/sq ft
Difference
+11.6%

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

About this home

Hard to find 1BR unit at much desired Melrose Towers, on TOP floor, with Southern exposure overlooking Ell Pond. This unit is unique with its custom woodcraftsman walls, hardwood floors and an updated kitchen. Enjoy the beautiful spring weather on your balcony, and when the summer comes, take a dip in the well maintained outdoor pool (there is also an indoor pool, too, handy in the inclement weather!). The solarium is a bright attractive space to read, work, or have lunch with friends, and the grounds of the Towers are beautifully cared for - there is even a peaceful bench next to the waterfall. Convenience is KEY! - Easy access to grocery, pharmacies, restaurants, bus and train. Note that in this building (53), hot water is included in the fee. Common laundry, one deeded parking space (#17G) in a convenient spot, ample visitor parking and a storage closet (7G) is on the first floor across from elevator. Don't miss this great opportunity to make this your own!

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

7.9%
Price Range
13
Total Days on Market

Property Timeline

Sold
May 14, 2025
$380,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Apr 11, 2025
$349,900
Original listing
Agent: Linda Hutchinson Office: Brad Hutchinson Real Estate

Tax History

Year Taxes Assessment
2025 $3,590 $362,600

Financial Details

Annual Property Tax
$3,590
Tax Year 2025
HOA Fee
$456
Monthly
Assessed Value
$362,600

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1961
Living Area 755 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric, Unit Control
Cooling Central Air
Flooring Wood
Appliances Dishwasher, Range, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Stone
Architecture None
Roof None
Features Porch - Enclosed
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch Enclosed
Features Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,590
Assessed Value $362,600

HOA & Community

HOA Fee $456 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water, Pool, Laundry, Elevator(s), Tennis Court(s), Sauna/steam, Clubroom
Optional Fee Includes None
Seller Disclosures Seller Has Never Used Central Air, And Has No Knowledge Of Its Functionality. Some Photos Are Virtually Staged.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 7G
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 13 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1961
Bedrooms
1
Full Bathrooms
1
Living Area
755 sq ft
Total Rooms
4
Stories
1
Entry Level
7

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1961
Effective Year (Renovated): 1974
Structure Type: Garden
Exterior Materials: Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric, Unit Control
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned

Nearby Schools

School information not available for this location.

Location

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Neighborhood

53 Melrose St # 7G, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Linda Hutchinson
Listing Office Brad Hutchinson Real Estate
Office Phone 781-665-2222
Agent MLS ID B0386860
Office MLS ID B11101
Listing Data Updated May 19, 2025 9:37 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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