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481-483 Lebanon St # 3, Melrose MA 02176

Melrose, MA 02176
$668,000
Est. $4,433/month
3
Beds
2
Baths
1,390
Sq Ft
$481
Price/Sq Ft
0.34
Acres
1930
Year Built
79
Days on Market
Closed Listed Jun 3, 2025 • MLS# 73384348 Copied!

About this home

Refreshed & Stylish in the Heart of Melrose! Step into this beautifully refreshed 2-level condo, in a quiet building, just moments from vibrant downtown and multiple commuter options. The sunlit main level features an open-concept kitchen with shaker cabinetry, granite counters, a breakfast bar, wine fridge, and stainless steel appliances—flowing seamlessly into a spacious living/dining area ideal for entertaining. Two bedrooms and a sleek full bath offer flexible living or work-from-home space. Upstairs, retreat to the private primary suite with walk-in closet and en-suite bath. Hardwood bamboo flooring, high ceilings, central air, in-unit laundry, and tons of natural light throughout. Includes 2 assigned parking spots plus a garage, basement storage, and shared fenced yard with patio. A turnkey gem in a prime location!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
3
Full Bathrooms
2
Living Area
1,390 sq ft
Total Rooms
5
Stories
2
Entry Level
2
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $690,000
Final Sale Price: $668,000
Difference: $22,000 (-3.2%)
Performance Metrics
96.8%
List to Sale Ratio
Sold below asking price
79
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $496
Sale $/sq ft: $481
This property sold for $481 per square foot
Sale Summary

This property sold for 3.2% below the original asking price.

The property spent 79 days on market before selling.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$481/sq ft
Area Average
$529/sq ft
Difference
9.1%

This property sold near the area average for similar homes.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 1,390 sq ft
Lot Size 0.34 acres
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Wood, Rubber
Features Porch, Patio, Fenced Yard, Screens, Stone Wall
Pool None
Spa None
Fencing Security, Fenced
Patio/Porch Porch, Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Deeded, Off Street, Assigned, Unpaved
Total Spaces 3

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $5,735
Assessed Value $579,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Plumbed For Ice Maker
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1930
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Wood, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Patio, Fenced Yard, Screens, Stone Wall
Patio & Porch: Porch, Patio
Fencing: Security, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Detached, Garage Door Opener, Deeded, Off Street, Assigned, Unpaved

Location

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Neighborhood

481-483 Lebanon St # 3, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

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 $478
Homeowners Insurance $200
HOA Fee $377/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

0.3%
Price Range
80
Total Days on Market

Property Timeline

Sold
Sep 10, 2025
$668,000
Property sold
Days on Market: 80
🏠
Listed for Sale
Jun 3, 2025
$670,000
Original listing
Agent: Andersen Group Realty Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Jun 3, 2025 New Listing Added $670,000

Market Statistics

Days on Market
79 days
Price per Sq Ft
$481

Tax History

Year Taxes Assessment
2025 $5,735 $579,300

Financial Details

Annual Property Tax
$5,735
Tax Year 2025
HOA Fee
$377
Monthly
Assessed Value
$579,300

Listing Information

Listing Agent Andersen Group Realty
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM309803
Office MLS ID AN2627
Listing Data Updated Sep 10, 2025 11:53 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

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