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74 Otis, Melrose MA 02176

Melrose, MA 02176
$783,000
Est. $4,167/month
3
Beds
1.5
Baths
1,170
Sq Ft
$669
Price/Sq Ft
0.24
Acres
1950
Year Built
Single Family Residence
Type
7
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73224584

About this home

Welcome to Melrose. Nice Ranch set back from the street. Great neighborhood. This home offers hardwood floors throughout. 3 bedrooms 1 full and 1 half bath. Solid wood kitchen cabinets with stainless appliances. Enjoy your morning coffee in the three season porch in the quiet of the backyard. Full unfinished basement with heat. Can be easily transformed into a family room or extra room. Large side by side driveway with 2 car garage. Quiet backyard with lots of space. Walking distance to Cedar Park commuter rail 4/10 of a mile. Easy walk to middle and high school. Close to downtown restaurants and Melrose own brewery. Easy access to 93 and Boston. ***Offers due Tuesday 4/23 at 7pm please allow 24 hrs for review.

Sale Statistics

Sale Overview
Original List Price: $674,900
Final Sale Price: $783,000
Difference: +$108,100 (+16.0%)
Performance Metrics
116.0%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $577
Sale $/sq ft: $669
This property sold for $669 per square foot
Sale Summary

This property sold for 16.0% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1950
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,170 sq ft
Total Rooms
5

Interior Features

Flooring
Wood, Tile
Heating
Baseboard, Hot Water
Has Heating
Yes
Cooling
Window Unit(s), Wall Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Sun Room
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Sump Pump, Concrete, Unfinished
Window Features
Storm Window(s)
Door Features
Insulated Doors, Storm Door(s)

Exterior & Structure

Construction Materials
Post & Beam
Architectural Style
Ranch
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed
Patio/Porch Features
Porch - Enclosed
Has Spa
No
Waterfront Features
Stream
Waterfront Property
No

Lot & Land

Lot Size
0.24 acres
Lot Size
10,385 sq ft
Lot Size Area
0.2400
Lot Features
Gentle Sloping
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Under, Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,005
Tax Year
2024
Tax Assessed Value
$604,700
Tax Map Number
OA9
Parcel Number
652429
Zoning
URA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
Yes
Disclosures
Garage doors are manual. Some seepage in far corner of garage. A/C in dining area not working. Back porch 2 windows need to be fixed. Most likely will not qualify for FHA
Exclusions
Washer & Dryer Not Staying.

Location

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Neighborhood

74 Otis, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Elementary School
Choice
Rating information coming soon
Middle School
Veterans
Rating information coming soon
High School
Melrose High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $500
Homeowners Insurance $200
PMI $0

Property History

Market Insights

13.8%
Price Range
8
Total Days on Market

Property Timeline

✓
Sold
Jun 12, 2024
$783,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Apr 16, 2024
$674,900
Original listing
Agent: Cheryl Petitpas Office: RE/MAX Platinum

Price & Status History

Date Event Price Change
Apr 16, 2024 New Listing Added $674,900 —

Market Statistics

Days on Market
7 days
Price per Sq Ft
$669

Tax History

Year Taxes Assessment
2024 $6,005 $604,700

Financial Details

Annual Property Tax
$6,005
Tax Year 2024
Assessed Value
$604,700

Listing Information

Listing Agent Cheryl Petitpas
Listing Office RE/MAX Platinum
Agent MLS ID CT004128
Office MLS ID AN4663

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