340 Main St. # 206, Melrose MA 02176

Melrose, MA 02176 • Wyoming

$165,800

Beds

Baths

294

Sq Ft

$564

Price/Sq Ft

1970

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Feb 5, 2026 • MLS# 73474632 Copied! • Updated Mar 30, 2026

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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

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 10 similar properties sold within 0.5 miles in the last 90 days

This Property

$564/sq ft

Area Median

$490/sq ft

Difference

+15.2%

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

99.1%

Price Range

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

Date	Event	Price	Change	$/sqft	Details
05/29/2026	🏷️ Previously Sold	$1,750	-	-	MLS #73516531
02/25/2026	📋 Status: Active under contract	-	-	-	Active → Active Under Contract
02/20/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
02/15/2026	📋 Status: Active	-	-	-	Pending → Active
02/09/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
02/05/2026	🏠 Listed for Sale	$199,900	-	-	Original listing

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

Parking

Features Off Street, Assigned

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

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

MA Disclosures

Seller Disclosures Photos Are From 2024. Oven And Kitchen Cabinets Need Work Or Replacement. Pets Allowed W/prior Notice And Consent By Trustees.

Additional Details

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

Full Bathrooms

Living Area

294 sq ft

Total Rooms

Stories

Entry Level

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

Nearby Schools

School information not available for this location.

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

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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