Great location just steps to Middle and High School. Easy access to Lynn Fells Parkway, and route 93 N/S. House needs updating, but newer roof, two newer furnaces, separate utilities, rear decking and stairs newly stained 2024. nice patio next to large shed, and perennials make for a very comfortable back yard. You are steps to commuter rail station into Boston, Route 1 and 93 are just minutes from front door. Downtown is less than 15 minute walk, with Shaw's and Whole Foods supermarkets available. numerous restaurants to choose from. Common storage room as you enter the front foyer. as well as additional storage room in basement. Newer rebuilt chimney when furnaces installed.
Sold for $750,000
$750,000
24 Otis St, Melrose, MA 02176
4beds
2,172sqft
Multi Family
Built in 1920
-- sqft lot
$970,800 Zestimate®
$345/sqft
$3,342 Estimated rent
Home value
$970,800
$874,000 - $1.08M
$3,342/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Alexander Zedros 781-910-5300,
Harbor View Real Estate Corp. 781-661-8021
Bought with:
Leonard Antoine
Elevate Properties, LLC
Source: MLS PIN,MLS#: 73352448
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas, Unit Control
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
- Laundry: Gas Dryer Hookup
Features
- Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Kitchen, Family Room, Office/Den
- Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Bulkhead,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,172
- Total interior livable area: 2,172 sqft
- Finished area above ground: 2,172
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 3
Features
- Patio & porch: Porch, Deck - Wood
- Exterior features: Balcony/Deck, Rain Gutters, Sprinkler System, Garden
Lot
- Size: 5,001 Square Feet
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: M:0B9 P:0000054,653374
- Zoning: URA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, for Gas Dryer, Varies per Unit
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, Sidewalks
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $765,100
- Annual tax amount: $7,574
- Date on market: 1/3/2026
- Total actual rent: 2500
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $750,000+0.1%$345/sqft |
Source: MLS PIN #73352448 Report a problem | ||
| 4/15/2025 | Contingent | $749,000$345/sqft |
Source: MLS PIN #73352448 Report a problem | ||
| 4/13/2025 | Price change | $749,000-11.9%$345/sqft |
Source: MLS PIN #73352448 Report a problem | ||
| 4/2/2025 | Listed for sale | $849,900$391/sqft |
Source: MLS PIN #73352448 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,574 +6% | $765,100 +6.4% |
| 2024 | $7,144 -1.9% | $719,400 +2.9% |
| 2023 | $7,285 +0% | $699,100 +1.5% |
| 2022 | $7,283 +5.3% | $689,000 +9.1% |
| 2021 | $6,915 +6.5% | $631,500 +7.5% |
| 2020 | $6,493 +8.5% | $587,600 +6.2% |
| 2019 | $5,983 +2.2% | $553,500 +7.1% |
| 2018 | $5,854 +3.1% | $516,700 +7.4% |
| 2017 | $5,677 +1.5% | $481,100 +6% |
| 2016 | $5,594 +1.5% | $453,700 +6.6% |
| 2015 | $5,514 +9.5% | $425,500 +12.2% |
| 2014 | $5,036 +1.9% | $379,200 |
| 2013 | $4,941 +1.2% | $379,200 -0.9% |
| 2012 | $4,882 +2.4% | $382,600 |
| 2011 | $4,767 +0.8% | $382,600 -2.3% |
| 2010 | $4,729 +0.6% | $391,800 -5.3% |
| 2009 | $4,701 +4.3% | $413,800 -4.3% |
| 2008 | $4,509 +3% | $432,300 -2.9% |
| 2007 | $4,377 +3.8% | $445,300 +1.7% |
| 2006 | $4,215 +3.7% | $437,700 +4.9% |
| 2005 | $4,063 +8.6% | $417,100 +28.4% |
| 2004 | $3,742 +3.5% | $324,800 +10% |
| 2003 | $3,617 +2.6% | $295,300 +9% |
| 2002 | $3,524 +7.3% | $270,900 +15.7% |
| 2000 | $3,284 -1.1% | $234,100 +10.8% |
| 1999 | $3,320 | $211,200 |
Find assessor info on the county website
Neighborhood: Cedar Park
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Nearby schools
GreatSchools rating
- 8/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Melrose Middle SchoolGrades: 6-8Distance: 0.2 mi
- 10/10Melrose High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$970,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$970,800
