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51 Melrose Street # 1C, Melrose MA 02176

Melrose, MA 02176
$417,000
1
Beds
1
Baths
909
Sq Ft
$459
Price/Sq Ft
1972
Year Built
1
Parking
177
Days on Market
Closed Listed Oct 29, 2025 • MLS# 73449223 Copied! • Updated Jul 2, 2026

Sale Statistics

Sale Overview
Original List Price: $435,000
Final Sale Price: $417,000
Difference: $18,000 (-4.1%)
Performance Metrics
95.9%
List to Sale Ratio
Sold below asking price
177
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $479
Sale $/sq ft: $459
This property sold for $459 per square foot
Sale Summary

This property sold for 4.1% below the original asking price.

At 177 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
$459/sq ft
Area Average
$189/sq ft
Difference
+142.8%

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

About this home

One of the largest one bedroom units at Melrose Towers with 909 square feet all on one floor. This unit is on the first floor so you can access it from the lobby stairs without using the elevator. There are two access doors on either side of the building at ground level that allow entry without any stairs and go straight to the elevator. This unit was renovated from original 7-8 years ago with newer kitchen with replaced cabinets, granite counters and stainless steel appliances, remodeled ceramic tile bath, and a ductless mini-split heat and air-conditioning system. Screened in balcony facing the soccer field. Extra storage space on the ground floor. Parking space 21C in the rear of the building. Melrose Towers is very conveniently located next to the Whole Foods shopping plaza that includes, CVS, Liberty Bell Foods, Anton Cleaners and Rockland Bank. Bus stop is nearby on Main Street for those that don't drive and Melrose Highland train depot is nearby on Franklin Street.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
12%
Price Range
1
Previous Sales

Property Timeline

Pending Sale
Apr 25, 2026
Offer accepted, sale pending
Price Reduced
Mar 12, 2026
$424,900 $10,100 (-2.32%)
From $435,000 to $424,900 (-2.3%)
🏠
Listed for Sale
Oct 29, 2025
$435,000
Original listing
Agent: Paul C. Coogan Office: Brad Hutchinson Real Estate
🏠
Listed for Sale
Oct 29, 2025
$435,000
Original listing
Office: Brad Hutchinson Real Estate
Previous Transaction - MLS #72873452
Full transaction history available when tracking began
🏷️
Previously Sold
Feb 15, 2022
$383,000
MLS #72873452

Tax History

Year Taxes Assessment
2025 $3,870 $390,900

Financial Details

Annual Property Tax
$3,870
Tax Year 2025
HOA Fee
$422
Monthly
Assessed Value
$390,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 909 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Electric Baseboard, Heat Pump
Cooling Heat Pump
Flooring Wood Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, Common Area, In Unit
Features None

Exterior

Construction Stone
Architecture None
Roof None
Features Balcony
Pool Association, In Ground, Indoor, Heated
Spa None
Fencing None
Patio/Porch None
Features Off Street, Assigned, Guest
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $3,870
Assessed Value $390,900

HOA & Community

HOA Fee $422 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities Pool, Laundry, Elevator(s), Tennis Court(s), Sauna/steam, Clubroom, Storage
Optional Fee Includes None
Pets Yes
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["High-Rise"]
Unit/Building 1C
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 178 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
1
Full Bathrooms
1
Living Area
909 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Flooring - Stone/Ceramic Tile
Dining Room
Kitchen
12 x 11
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Living Room
22 x 11
Closet, Flooring - Wood, Cable Hookup, Open Floorplan
Master Bedroom
14 x 12
Walk-In Closet(s), Flooring - Wood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
No

Interior Features

Flooring: Wood Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, Common Area, In Unit
Security:

Construction & Materials

Year Built: 1972
Structure Type: High-Rise
Exterior Materials: Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard, Heat Pump
Cooling: Heat Pump
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Guest
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
Early Childhood Center
0.1 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
0.4 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
A+
Horace Mann School
0.4 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
M

Middle Schools

3 schools
A-
Melrose Middle School
0.2 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
C+
Saugus Middle School
2.1 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Stoneham Central Middle School
2.1 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

3 schools
A-
Stoneham High School
1.4 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
A-
Wakefield Memorial High School
2.0 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
C
Saugus High School
2.1 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
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Location

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Neighborhood

51 Melrose Street # 1C, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Paul C. Coogan
Listing Office Brad Hutchinson Real Estate
Office Phone 781-665-2222
Agent MLS ID B0429315
Office MLS ID B11101
Listing Data Updated Jul 2, 2026 12:11 PM 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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