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88 Melrose Street # 88, Arlington MA 02474

Arlington, MA 02474 • East Arlington
$1,135,000
Est. $7,142/month
4
Beds
2.5
Baths
2,129
Sq Ft
$533
Price/Sq Ft
1925
Year Built
25
Days on Market
Closed Listed May 21, 2025 • MLS# 73378505 Copied!

About this home

PRICE DROP! Last of two magnificently gut-renovated condominiums nestled on one of East Arlington’s most sought-after streets, blends modern luxury with timeless charm. Set on picturesque, tree-lined Melrose St—complete with sidewalks and a true neighborhood feel—these large 4 bedroom, 2.5 bath homes offer unbeatable walkability to Alewife Station, Minuteman Bike Path, Magnolia Park, and Hardy School. Thoughtfully transformed with energy efficiency and comfort in mind, they meet Arlington’s new stringent energy standards. Each unit WOWs with an open plan, a chef-inspired kitchen with quartz countertops, state-of-the-art induction ranges with hood vents, elegant lighting, custom cabinetry, sleek bathrooms, private laundry and top-of-the-line ducted heat pump systems. Enjoy summer BBQs in the private fenced yard, generous front and rear porches, plus exceptional parking with three deeded driveway spaces & a garage spot for each unit! All this in Arlington’s most desirable neighborhood!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1925
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,129 sq ft
Total Rooms
8
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,199,000
Final Sale Price: $1,135,000
Difference: $64,000 (-5.3%)
Performance Metrics
94.7%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $563
Sale $/sq ft: $533
This property sold for $533 per square foot
Sale Summary

This property sold for 5.3% below the original asking price.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$533/sq ft
Area Average
$314/sq ft
Difference
+69.5%

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

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1925
Living Area 2,129 sq ft
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 8

Interior

Heating Heat Pump
Cooling Heat Pump
Flooring Tile, Vinyl, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Fireplace None
Basement Y
Laundry Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Deck - Composite, Fenced Yard, Professional Landscaping
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck - Composite

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Deeded, Off Street, Tandem, Paved, Exclusive Parking
Total Spaces 4

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $12,030
Assessed Value $1,117,000

Interior Features

Flooring: Tile, Vinyl, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Interior Features:
Windows:
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Security:

Construction & Materials

Year Built: 1925
Effective Year (Renovated): 2025
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Heat Pump
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Composite, Fenced Yard, Professional Landscaping
Patio & Porch: Porch, Deck - Composite
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 4
Parking Features: Detached, Garage Door Opener, Deeded, Off Street, Tandem, Paved, Exclusive Parking

Location

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Neighborhood

East Arlington

88 Melrose Street # 88, Arlington MA 02474

Arlington, MA 02474

Walkability

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Nearby Schools

School information not available for this location.

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 $1,003
Homeowners Insurance $200
HOA Fee $200/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

1.2%
Price Range
26
Total Days on Market

Property Timeline

Sold
Jul 25, 2025
$1,135,000
Property sold
Days on Market: 26
🏠
Listed for Sale
May 21, 2025
$1,149,000
Original listing
Agent: Tobey Nemser Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
May 21, 2025 New Listing Added $1,149,000

Market Statistics

Days on Market
25 days
Price per Sq Ft
$533

Tax History

Year Taxes Assessment
2025 $12,030 $1,117,000

Financial Details

Annual Property Tax
$12,030
Tax Year 2025
HOA Fee
$200
Monthly
Assessed Value
$1,117,000

Listing Information

Listing Office Gibson Sotheby's International Realty
Agent MLS ID CT008349
Office MLS ID AN6101
Listing Data Updated Jul 25, 2025 1:32 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Arlington, MA

Real-time market trends and pricing data for this area

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