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31 Sears Ave, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands
$1,100,000
Est. $5,855/month
4
Beds
2
Baths
2,376
Sq Ft
$463
Price/Sq Ft
0.14
Acres
1910
Year Built
2 Family - 2 Units Up/Down
Type
6
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73384857

About this home

Prime Location in Melrose Highlands! This beautifully maintained two-family home offers unbeatable convenience—just moments from the Melrose Highlands Commuter Rail, Melrose Public Schools, charming shops and restaurants, Route 93, and the scenic trails of Whip Hill Park. Both units feature custom, handcrafted kitchens designed by a skilled craftsman, showcasing quality and attention to detail. The enclosed rear stairway was a three-story addition and includes a spacious walk-up attic, perfect for storage. Ideal for both investors and owner-occupants, this property offers excellent rental income potential. Additional highlights include a two-car garage plus two off-street parking spaces and solid-hardwood doors. Come and be a part of this great community! Offers to be reviewed Tuesday 6/10/25 after 2pm.

Sale Statistics

Sale Overview
Original List Price: $999,990
Final Sale Price: $1,100,000
Difference: +$100,010 (+10.0%)
Performance Metrics
110.0%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $421
Sale $/sq ft: $463
This property sold for $463 per square foot
Sale Summary

This property sold for 10.0% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1910
Bedrooms
4
Full Bathrooms
2
Living Area
2,376 sq ft
Total Rooms
10
Stories
4
Levels
4

Interior Features

Flooring
Wood, Carpet
Heating
Baseboard, Oil
Has Heating
Yes
Has Fireplace
No
Interior Features
Living Room, Dining Room, Kitchen
Basement Details
Full, Bulkhead, Concrete

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,177 sq ft
Lot Size Area
0.1400
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,677
Tax Year
2025
Tax Assessed Value
$977,500
Parcel Number
657912
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
both heating boilers are 1993, new oil tanks in 2025. Does get some water in the basement during severe rains.

Location

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Neighborhood

Melrose Highlands

31 Sears Ave, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $806
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.1%
Price Range
8
Total Days on Market

Property Timeline

✓
Sold
Jul 24, 2025
$1,100,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jun 4, 2025
$999,990
Original listing
Agent: Kevin Sexton Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Jun 4, 2025 New Listing Added $999,990 —

Market Statistics

Days on Market
6 days
Price per Sq Ft
$463

Tax History

Year Taxes Assessment
2025 $9,677 $977,500

Financial Details

Annual Property Tax
$9,677
Tax Year 2025
Assessed Value
$977,500

Listing Information

Listing Agent Kevin Sexton
Listing Office William Raveis R.E. & Home Services
Agent MLS ID B8000615
Office MLS ID AN7152

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