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340 Main Street # 307, Melrose MA 02176

Melrose, MA 02176
$229,000
Est. $1,721/month
1
Baths
303
Sq Ft
$756
Price/Sq Ft
1970
Year Built
Condominium
Type
18 hours 32 minutes
Time on Market
Active Open House Listed Apr 23, 2026 • MLS# 73506478 Copied!

About this home

Unit 307 at 340 Main Street presents a great opportunity to own a thoughtfully updated studio condo in Melrose. This efficient one-room layout combines living and kitchenette space, making it an ideal option for a first-time buyer or investor. Several update have been made, including LVT flooring, recessed lighting, fresh paint throughout, and modern improvements to both the kitchen and bathroom, creating a clean, move-in ready space.The building offers a common laundry room on the fourth floor and includes one assigned off-street parking space in the rear lot. Located just around the corner from the Wyoming Hill Commuter Rail, with a bus stop directly in front of the building and easy access to Oak Grove Station, this property provides excellent convenience while being close to downtown shops, restaurants, and everyday amenities.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Full Bathrooms
1
Living Area
303 sq ft
Total Rooms
1
Stories
1
Entry Level
3

Open House Schedule

26
Apr
Sunday, April 26
2:00 PM - 3:00 PM EDT

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 303 sq ft
Full Baths 1
Total Rooms 1

Interior

Heating Electric Baseboard
Cooling Window Unit(s)
Flooring None
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features None

Exterior

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

Parking

Features Assigned
Total Spaces 1

Utilities

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

Financial

Annual Tax $1,564
Assessed Value $158,000

Interior Features

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

Construction & Materials

Year Built: 1970
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned

Location

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Neighborhood

340 Main Street # 307, 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

7 schools
St. Mary Elementary School
< 0.1 mi
Grades PK-08
A
Lincoln School
0.2 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
Winthrop School
0.9 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
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
A
Roosevelt School
1.0 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
Early Childhood Center
1.0 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
1.3 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

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
Learn about these ratings
School data provided by BMN Schools

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 $130
Homeowners Insurance $200
HOA Fee $232/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

17.5%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Apr 23, 2026
$229,000
Original listing
Agent: Anna Mean Office: AC Realty
Previous Transaction - MLS #73100632
Full transaction history available when tracking began
🏷️
Previously Sold
May 19, 2023
$189,000
MLS #73100632
View Listing →

Price & Status History

Date Event Price Change
Apr 23, 2026 New Listing Added $229,000 —
May 19, 2023 Sold $189,000 —

Market Statistics

Time on Market
18 hours 32 minutes
Price per Sq Ft
$756

Tax History

Year Taxes Assessment
2025 $1,564 $158,000

Financial Details

Annual Property Tax
$1,564
Tax Year 2025
HOA Fee
$232
Monthly
Assessed Value
$158,000

Listing Information

Listing Agent Anna Mean
Listing Office AC Realty
Agent MLS ID CT006429
Office MLS ID AN1647
Listing Data Updated Apr 24, 2026 3:30 AM 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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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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