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Off market
  • $500,200

    408 Franklin St #1, Melrose, MA 02176

    2beds
    993sqft
    Condo
    Built in 1889
    -- sqft lot
    $500,200 Zestimate®
    $504/sqft
    $2,632 Estimated rent

    Home value

    $500,200

    $475,000 - $530,000

    $2,632/mo

    Zestimate® history
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    $2,632/mo

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    $3,344/mo

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    $3,344/mo

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    What's special

    Do you need incredibly easy access to the commuter rail, shopping, restaurants, and Whole Foods? Look no more. Just under 1,000 sqft, this 2 bedroom, 1 bathroom condo is located in the heart of Melrose Highlands. Entering into the first floor unit youâre greeted with beautiful mahogany floors that lead you into a living area with a Chelsea-tiled fireplace and two spacious bedrooms. You'll find beautiful woodworking throughout, an updated kitchen, and a formal dining room with pocket doors and custom, built-in cabinets. Enjoy off-street parking and shared basement with access to your own washer and dryer. Donât miss your opportunity to own a home with the perfect blend of convenience and location.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Gas
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Washer
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 993 sqft

    Property

    Features
    • Exterior features: Vinyl
    Details
    • Parcel number: MELRMC12P000451

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1889

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $228 monthly
    Location
    • Region: Melrose

    Financial & listing details

    • Price per square foot: $504/sqft
    • Tax assessed value: $434,900
    • Annual tax amount: $4,306

    Price history

    DateEventPrice
    9/28/2021Sold$430,000-2.3%$433/sqft
    Source: MLS PIN #72834975 Report a problem
    8/26/2021Pending sale$439,900$443/sqft
    Source: MLS PIN #72834975 Report a problem
    8/25/2021Contingent$439,900$443/sqft
    Source: MLS PIN #72834975 Report a problem
    7/27/2021Price change$439,900-2.2%$443/sqft
    Source: MLS PIN #72834975 Report a problem
    7/19/2021Listed for sale$450,000$453/sqft
    Source: MLS PIN #72834975 Report a problem
    7/8/2021Pending sale$450,000$453/sqft
    Source: MLS PIN #72834975 Report a problem
    6/24/2021Contingent$450,000$453/sqft
    Source: MLS PIN #72834975 Report a problem
    6/15/2021Listed for sale$450,000$453/sqft
    Source: MLS PIN #72834975 Report a problem
    6/8/2021Contingent$450,000$453/sqft
    Source: MLS PIN #72834975 Report a problem
    6/2/2021Price change$450,000-5.3%$453/sqft
    Source: MLS PIN #72834975 Report a problem
    5/20/2021Listed for sale$475,000+13.1%$478/sqft
    Source: MLS PIN #72834975 Report a problem
    3/9/2020Sold$420,000+5%$423/sqft
    Source: Public Record Report a problem
    1/30/2020Pending sale$399,900$403/sqft
    Source: Keller Williams Realty #72610724 Report a problem
    1/22/2020Listed for sale$399,900+48.1%$403/sqft
    Source: Keller Williams Realty #72610724 Report a problem
    2/1/2006Sold$270,000$272/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,306 +3.3%$434,900 +3.6%
    2024$4,168 -1.9%$419,700 +2.9%
    2023$4,249 +2.8%$407,800 +4.3%
    2022$4,133 +9.5%$391,000 +13.5%
    2021$3,773 -0.9%$344,600
    2020$3,808 +18.6%$344,600 +16%
    2019$3,212 +3.8%$297,100 +8.8%
    2018$3,094 -0.4%$273,100 +3.8%
    2017$3,105 +3.6%$263,100 +8.2%
    2016$2,997 -4.9%$243,100
    2015$3,151 +0.9%$243,100 +3.4%
    2014$3,122 +1.9%$235,100
    2013$3,063 +0.4%$235,100 -1.7%
    2012$3,052 +2.4%$239,200
    2011$2,980 +0.8%$239,200 -2.4%
    2010$2,957 +3.8%$245,000 -2.3%
    2009$2,849 +7.2%$250,800 -1.5%
    2008$2,657 -1.7%$254,700 -7.4%
    2007$2,704 $275,100
    Find assessor info on the county website

    Neighborhood: Melrose Highlands

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $500,200
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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
    $500,200