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88 Malvern St # 88, Melrose MA 02176

Melrose, MA 02176
$550,000
Est. $2,927/month
2
Beds
1
Baths
1,000
Sq Ft
$550
Price/Sq Ft
1900
Year Built
Condominium
Type
8
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73154745

About this home

Are you looking for the perfect starter home(or to downsize) in Melrose? Located on a pretty tree-lined street in the highly coveted "East Side", this stylishly renovated 2 bed/1 bath condo is in move-in condition. The spacious foyer welcomes you to this charmer with so many thoughtful touches including: sliding doors, built-in china cabinet, chair rail molding, tin ceiling & hardwood floors. The warmth one feels from the natural light that pours in is evident. Bright Kitchen w/ granite counters, new SS apps & pantry w/ desk area. Minutes to major routes & also walkable to the Wyoming Commuter Rail Station & the many shops that beautiful downtown Melrose is known for. Enjoy off-street parking & relaxing while soaking in the peaceful views from either your front porch or overlooking the lush backyard from your back deck. Offers due by Tuesday, 9/12 at 12:00 PM. Won't last!

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $550,000
Difference: +$50,100 (+10.0%)
Performance Metrics
110.0%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $500
Sale $/sq ft: $550
This property sold for $550 per square foot
Sale Summary

This property sold for 10.0% above the original asking price, indicating strong buyer demand.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,000 sq ft
Total Rooms
5
Stories
1
Entry Level
1
Main Level Bedrooms
1

Interior Features

Flooring
Tile, Hardwood, Engineered Hardwood, Flooring - Hardwood
Heating
Steam, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer, Range Hood, Plumbed For Ice Maker
Interior Features
Closet, Open Floorplan, Lighting - Overhead, Entrance Foyer
Laundry Features
In Basement, Common Area, In Building, Gas Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Storm Window(s)
Door Features
Storm Door(s)
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Porch, Storage, Garden, Rain Gutters
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Tandem, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
HOA Fee
$215
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,018
Tax Year
2023
Tax Assessed Value
$481,600
Parcel Number
4520601
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Malvern Hill Condominium
Common Walls
No One Below
Disclosures
List of Improvements attached. Bathroom Window(2023), Refinished clawfoot tub & installed new shower/bath hardware(2023), Interior paint(2023), Dishwasher(2022), Bathroom vanity(2021), Refrigerator(2020), Stone front steps & brick walkway(2015), Roof(2009), Kitchen(2008). Measurements approx.

Location

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Neighborhood

88 Malvern St # 88, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Elementary School
Check W/ Supt.
Rating information coming soon
Middle School
Mvmms
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 $418
Homeowners Insurance $200
HOA Fee $215
PMI $0

Property History

Market Insights

9.1%
Price Range
9
Total Days on Market

Property Timeline

✓
Sold
Oct 12, 2023
$550,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Sep 4, 2023
$499,900
Original listing
Agent: Team Ladner Office: RE/MAX Harmony

Price & Status History

Date Event Price Change
Sep 4, 2023 New Listing Added $499,900 —

Market Statistics

Days on Market
8 days
Price per Sq Ft
$550

Tax History

Year Taxes Assessment
2023 $5,018 $481,600

Financial Details

Annual Property Tax
$5,018
Tax Year 2023
HOA Fee
$215
Monthly
Assessed Value
$481,600

Listing Information

Listing Agent Team Ladner
Listing Office RE/MAX Harmony
Agent MLS ID TM341788
Office MLS ID AN5976

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