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340 Main St. # 206, Melrose MA 02176 - Preview 1 340 Main St. # 206, Melrose MA 02176 - Preview 2 340 Main St. # 206, Melrose MA 02176 - Preview 3 340 Main St. # 206, Melrose MA 02176 - Preview 4 340 Main St. # 206, Melrose MA 02176 - Preview 5 340 Main St. # 206, Melrose MA 02176 - Preview 6 340 Main St. # 206, Melrose MA 02176 - Preview 7 340 Main St. # 206, Melrose MA 02176 - Preview 8 340 Main St. # 206, Melrose MA 02176 - Preview 9 340 Main St. # 206, Melrose MA 02176 - Preview 10 340 Main St. # 206, Melrose MA 02176 - Preview 11 340 Main St. # 206, Melrose MA 02176 - Preview 12 340 Main St. # 206, Melrose MA 02176 - Preview 13 340 Main St. # 206, Melrose MA 02176 - Preview 14

340 Main St. # 206, Melrose MA 02176

Melrose, MA 02176 • Wyoming
$165,800
1
Beds
1
Baths
294
Sq Ft
$564
Price/Sq Ft
1970
Year Built
1
Parking
Condominium
Type
28
Days on Market
Sold Listed Feb 5, 2026 • MLS# 73474632 Copied! • Updated Mar 30, 2026

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $199,900
Final Sale Price: $165,800
Difference: $34,100 (-17.1%)
Performance Metrics
82.9%
List to Sale Ratio
Sold below asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $680
Sale $/sq ft: $564
This property sold for $564 per square foot
Sale Summary

This property sold for 17.1% below the original asking price.

With only 28 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$564/sq ft
Area Median
$486/sq ft
Difference
+16.0%

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

About this home

Perfect starter and investment opportunity in Downtown Melrose! Ideal commuter location 1 block to Wyoming Hill Commuter Rail Purple Line. Just over 1 mile to Oak Grove T Station/Orange Line, and a bus stop at the front door! Lowest priced property for sale in Melrose & surrounding area. STOP PAYING RENT & COLLEGE ROOM & BOARD! Invest and build equity in one of the HOTTEST LOCATIONS NORTH OF BOSTON! Near great restaurants, eateries, amenities, shopping, YMCA and public transportation. This is a STUDIO, which is 1 room with combined living/sleeping/kitchenet area. Needs updating. Sold As Is. Includes 1 parking space. Convenient, desirable location in walking distance to everything! No car needed! Pets allowed w/Trustee approval. Most photos from 2024 when unit was freshly painted.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

99.1%
Price Range
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73516531
Full transaction history available when tracking began
🏷️
Previously Sold
May 29, 2026
$1,750
MLS #73516531
View Listing →
📋
Status: Active under contract
Feb 25, 2026
Active → Active Under Contract
⏳
Pending Sale
Feb 20, 2026
Offer accepted, sale pending
📋
Status: Active
Feb 15, 2026
Pending → Active
⏳
Pending Sale
Feb 9, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Feb 5, 2026
$199,900
Original listing
Agent: Janet Roach Office: RE/MAX Andrew Realty Services

Tax History

Year Taxes Assessment
2025 $1,737 $175,500

Financial Details

Annual Property Tax
$1,737
Tax Year 2025
HOA Fee
$348
Monthly
Assessed Value
$175,500

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 294 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 1

Interior

Heating Electric
Cooling None
Flooring Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features Elevator

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Assigned
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $1,737
Assessed Value $175,500

HOA & Community

HOA Fee $348 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Laundry, Elevator(s), Storage
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Photos Are From 2024. Oven And Kitchen Cabinets Need Work Or Replacement. Pets Allowed W/prior Notice And Consent By Trustees.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 206
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Middlesex
Total market time (incl. prior listings) 24 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
294 sq ft
Total Rooms
1
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Vinyl
Appliances: Range, Refrigerator
Interior Features: Elevator
Windows:
Basement: Y
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1970
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: None
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
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
< 0.1 mi
Grades PK-08
A-
Lincoln School
0.2 mi | #205 of 825 | Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
A+
Winthrop School
0.9 mi | #79 of 825 | Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A-
Melrose Middle School
0.9 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
C+
Saugus Middle School
2.4 mi | #247 of 352 | Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.8 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
A-
Stoneham High School
1.8 mi | #89 of 346 | Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students Moderate
17 sports • 1,334 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
Malden Catholic High School
2.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Location

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Neighborhood

Wyoming

340 Main St. # 206, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Janet Roach
Listing Office REMAX Andrew Realty Services
Office Phone 781-395-7676
Agent MLS ID B8000310
Office MLS ID AC2354
Listing Data Updated Mar 30, 2026 12:55 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

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