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45 W Emerson # 4, Melrose MA 02176

Melrose, MA 02176
$587,500
Est. $4,301/month
2
Beds
2
Baths
1,696
Sq Ft
$346
Price/Sq Ft
1900
Year Built
27
Days on Market
Closed Listed Oct 16, 2025 • MLS# 73444629 Copied!

About this home

OH 11/1 AND 11/2 CANCELLED. Perched on the top floor of a darling Victorian Mansard, this sunny 2-bed, 2-bath condo overlooks beautiful Ell Pond! Adorable galley-style kitchen features white wood cabinets and stainless steel appliances. A flexible floor plan offers spacious dining and living rooms on either side of the kitchen. No need to sacrifice valuable bedroom space, enjoy a bonus 9X12 room as a designated office just off the living room. This spot is sure to check every box on your wish list: central air, in-unit laundry, off-street parking, storage, ample closet space, and pets welcome! Relax on your private deck with glistening water views. Location can’t be beat — beloved downtown Melrose, the newly renovated Melrose Public Library, and Melrose-Wakefield Hospital are all just around the corner. Just 0.3 miles to Cedar Park Station, offering a quick commute into Boston. This small but professionally managed association is highly owner-occupied.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
2
Living Area
1,696 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $587,500
Difference: $12,400 (-2.1%)
Performance Metrics
97.9%
List to Sale Ratio
Sold below asking price
27
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $354
Sale $/sq ft: $346
This property sold for $346 per square foot
Sale Summary

This property sold for 2.1% below the original asking price.

With only 27 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$346/sq ft
Area Average
$249/sq ft
Difference
+38.8%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,696 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Unit
Features Bonus Room

Exterior

Construction None
Architecture None
Roof None
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Off Street
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,565
Assessed Value $562,100

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Bonus Room
Windows:
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 1981
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Pond
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

45 W Emerson # 4, 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
0.4 mi
Grades PK-08
Early Childhood Center
0.5 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.6 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
M

Middle Schools

1 school
A-
Melrose Middle School
0.4 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

1 school
A-
Stoneham High School
1.5 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
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $464
Homeowners Insurance $200
HOA Fee $667/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
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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

Property Timeline

Sold
Dec 10, 2025
Property sold
🏠
Listed for Sale
Oct 16, 2025
$599,900
Original listing
Office: eXp Realty

Price & Status History

Date Event Price Change
Oct 16, 2025 New Listing Added $599,900

Market Statistics

Days on Market
27 days
Price per Sq Ft
$346

Tax History

Year Taxes Assessment
2025 $5,565 $562,100

Financial Details

Annual Property Tax
$5,565
Tax Year 2025
HOA Fee
$667
Monthly
Assessed Value
$562,100

Listing Information

Listing Agent Alana Colombo
Listing Office eXp Realty
Agent MLS ID CN222358
Office MLS ID AC0342
Listing Data Updated Dec 10, 2025 4:03 PM EST
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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