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Backup Offers

7 1st St, Melrose, MA, 02176

$825,000

Home List Price

$9,797*

Closing Credit

3 Bedrooms
2 Full Baths
1,613 SqFt
$511/SqFt
House
Schools Nearby

Location

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7 1st St, Melrose$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive, Off Street, Paved
Year Built1920
HeatingSteam, Natural Gas
CoolingWindow Unit(s), None
BasementYes
FireplaceLiving Room
MLS #73239404
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Contingent)

About 7 1st St

Right outside the hustle and bustle of downtown on a desirable side street near the Common, this charming colonial is within .5 miles of all Melrose has to offer and is ready for its next loving owner. The first floor has a welcoming flow w/ a front to back living room, open kitchen/dining area, a full bath, and a sunny 4 season porch with direct access to the fully fenced in yard. Upstairs there are three bedrooms, a full bath, and pull-down access to the attic with generous extra storage. The partially finished basement offers a comfortable flex space for home office or family room. Many recent and significant updates include 200-amp electrical, custom wood paneled radiator covers throughout, updated LG Fridge and W/D, and "FULL DELEADING COMPLIANT" status! The location can’t be beat, especially for commuters, with close proximity to Rt. 1 and the Wyoming commuter rail. There are many shops and restaurants to try, and lifelong friends to make in this special neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Living Area: 1,613 SqFt

Listing Office:

  • Office Name: William Raveis R.E. & Home Services
  • Listing Agent: Elizabeth Crowley

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Hardwood, Flooring - Hardwood, Flooring - Engineered Hardwood
  • Interior: Closet, Play Room, Home Office
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Enclosed, Deck, Patio, Rain Gutters, Fenced Yard

Parking Information:

  • Parking: Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s), None

Other

Directions Information:

  • Directions: btw Lebanon and Gooch

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $511/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5

Tax Information:

  • Annual Amount: $6,989
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Melrose, MA.

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Melrose, MA

City

Med. Sold Price

$850K

Med. Price/SqFt

$448

Avg. Days On Market

13

# of Sold Homes

11

7 1st St vs Melrose

15 DAYS ON ROCKET

+2 Days

$825,000

-$25K Less

$511/SqFt

+$63 More

KEY TAKEAWAY

This property is $25K less than the Median Sold Price and $63/SqFt more than other homes in Melrose, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73239404

Listing Office:

  • Office Name: William Raveis R.E. & Home Services
  • Listing Agent: Elizabeth Crowley

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/1/2024, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2021Home Sold
$710,000
Jun 04, 1997Home Sold
$179,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,989$638,300
2020$6,619$599,000
2019$5,973$552,500
2018$5,947$524,900
2017$5,826$493,700

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6109081
9
/10

  • Winthrop

  • 162 1st St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-6109082
6
/10

  • Lincoln

  • 80 W Wyoming Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-6109083
7
/10

  • Herbert Clark Hoover

  • 37 Glendower Rd

  • 0.71 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,605. Residents of Melrose, MA typically earn between $35k-100k each year. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 1st St

What is the listing price of this property?

The listing price of 7 1st St property is $825,000.

What type of property is this?

The property 7 1st St is a house located in Melrose, Massachusetts, 02176.

Is this property for sale now?

Accepting Backup Offers: 7 1st St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,989 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2021 for $710,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7 1st St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7 1st St is 1,613 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 1st St is 1920.

Rocket Homes›Massachusetts›Middlesex County›Melrose›02176›7 1st St

This home is located at 7 1st St in Melrose, MA and zip code 02176. This 1,613 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $825,000.

Melrose, MA housing market in April 2024 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The number of homes for sale in Melrose, MA increased by 35% between March 2024 and April 2024. In April 2024 median list price was $850,000 and the average listing age was 13 days.

From Rocket Homes Real Estate and based on county public records data.

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