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28 Chestnut Street # 1, Melrose MA 02176

Melrose, MA 02176
$850,000
Est. $5,431/month
4
Beds
2.5
Baths
2,080
Sq Ft
$409
Price/Sq Ft
1900
Year Built
18
Days on Market
Closed Listed Aug 5, 2025 • MLS# 73413783 Copied!

About this home

Stunning tri-level unit boasts high ceilings and abundant natural light throughout its expansive 2,000 square feet. The first floor impresses with an open-concept design, featuring a sophisticated kitchen with a striking island with waterfall quartz, gas range & generous space for dining & entertaining. Spacious living room has big bay windows. Four well-proportioned bedrooms include a primary suite w/walk-in closet & private bath. The thoughtful floor plan provides two full and one half baths across three levels with modern finishes & convenient laundry on 1st fl. This residence enjoys maximum sunlight from multiple exposures, creating bright, welcoming spaces. Steps from downtown Melrose's vibrant dining and shopping scene, with easy access to public transit including the commuter rail and Oak Grove Station. Two designated parking spaces and basement storage complete this exceptional home. Freshly painted and move in ready!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,080 sq ft
Total Rooms
7
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $850,000
Final Sale Price: $850,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $409
Sale $/sq ft: $409
This property sold for $409 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$409/sq ft
Area Average
$443/sq ft
Difference
7.6%

This property sold near the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 2,080 sq ft
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Central
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned
Total Spaces 2

Utilities

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

Financial

Annual Tax $7,592
Assessed Value $766,900

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2019
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned

Location

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Neighborhood

28 Chestnut 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

3 schools
St. Mary Elementary School
0.2 mi
Grades PK-08
A
Lincoln School
0.3 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
0.9 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
0.9 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.7 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
A-
Stoneham High School
1.9 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
Malden Catholic High School
2.0 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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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 $633
Homeowners Insurance $200
HOA Fee $300/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

12.4%
Price Range
20
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Sep 19, 2025
$850,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Aug 5, 2025
$850,000
Original listing
Agent: The Kim Perrotti Team Office: Leading Edge Real Estate
Previous Transaction - MLS #72546471
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 20, 2019
$745,000
MLS #72546471

Price & Status History

Date Event Price Change
Aug 5, 2025 New Listing Added $850,000
Sep 20, 2019 Sold $745,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$409

Tax History

Year Taxes Assessment
2025 $7,592 $766,900

Financial Details

Annual Property Tax
$7,592
Tax Year 2025
HOA Fee
$300
Monthly
Assessed Value
$766,900

Listing Information

Listing Agent The Kim Perrotti Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM005187
Office MLS ID AN4646
Listing Data Updated Sep 19, 2025 5:09 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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