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260 Tremont Street # 1, Melrose MA 02176

Melrose, MA 02176
$395,000
Est. $2,883/month
2
Beds
1
Baths
938
Sq Ft
$421
Price/Sq Ft
1961
Year Built
103
Days on Market
Closed Listed Jun 5, 2025 • MLS# 73385935 Copied!

About this home

Enjoy modern comfort in this well-maintained condo featuring an updated kitchen with ample space for cooking, stylish cabinetry, and a breakfast bar that opens to a bright and airy living and dining area. Custom built-in shelving adds charm and functionality, while sliders lead out to a private back deck—perfect for relaxing or entertaining. The unit offers two comfortable bedrooms both with closet spaces, a full bathroom, and a closet for extra storage located in the hallway. Enjoy the convenience of one deeded parking space, on-site laundry, and a storage area. Located in a desirable Melrose neighborhood close to shops, dining, and commuter options—this one checks all the boxes! Welcome home!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1961
Bedrooms
2
Full Bathrooms
1
Living Area
938 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $429,999
Final Sale Price: $395,000
Difference: $34,999 (-8.1%)
Performance Metrics
91.9%
List to Sale Ratio
Sold below asking price
103
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $458
Sale $/sq ft: $421
This property sold for $421 per square foot
Sale Summary

This property sold for 8.1% below the original asking price.

At 103 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$421/sq ft
Area Average
$258/sq ft
Difference
+63.0%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1961
Living Area 938 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Electric
Cooling Wall Unit(s)
Flooring Tile, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Deeded, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,953
Assessed Value $399,300

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security:

Construction & Materials

Year Built: 1961
Structure Type: Garden
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric
Heating Zones: 4
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded, Paved

Location

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Neighborhood

260 Tremont Street # 1, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

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

7 schools
St. Mary Elementary School
1.0 mi
Grades PK-08
A
Roosevelt School
0.2 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
Early Childhood Center
0.3 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
0.6 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
A
Winthrop School
1.1 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
A
Lincoln School
1.1 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A-
Herbert Clark Hoover School
1.6 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.3 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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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 $329
Homeowners Insurance $200
HOA Fee $356/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

1.2%
Price Range
106
Total Days on Market

Property Timeline

Sold
Oct 6, 2025
$395,000
Property sold
Days on Market: 106
🏠
Listed for Sale
Jun 5, 2025
$399,999
Original listing
Agent: Marjorie McCue Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Jun 5, 2025 New Listing Added $399,999

Market Statistics

Days on Market
103 days
Price per Sq Ft
$421

Tax History

Year Taxes Assessment
2025 $3,953 $399,300

Financial Details

Annual Property Tax
$3,953
Tax Year 2025
HOA Fee
$356
Monthly
Assessed Value
$399,300

Listing Information

Listing Agent Marjorie McCue
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN220342
Office MLS ID AN2885
Listing Data Updated Oct 7, 2025 6:45 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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