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Off market
  • $1,033,700

    492 Lebanon St, Melrose, MA 02176

    5beds
    2,399sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,033,700 Zestimate®
    $431/sqft
    $3,914 Estimated rent

    Home value

    $1,033,700

    $972,000 - $1.11M

    $3,914/mo

    Zestimate® history
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    $6,419/mo

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    What's special

    Back on the market due to buyer financing. Lovely corner lot 2 family in a great location of Melrose w/ ample off street parking and 2 car garage. Location is perfect for commuters. Only minutes to downtown Melrose to catch the bus to the orange line, commuter rail and to the Fellsway. The owner's unit is bi-level w/ updated kitchen and granite counters. Great size 3 bedrooms w/ walk in closets, living room w/ surround sound speakers on wall and nice office area (or 4th bedroom). There are 2 full bathrooms, central air, two zone heating, security system and washer/dryer in unit. Unit 1 is a great rental apartment with a nice layout and high ceilings. Large updated kitchen with granite countertops and hardwood floors, as well as a beautiful computer area to work while cooking. 2 bedrooms and good size living room w/ surround sound speakers on wall. Nice size bathroom w/ washer & dryer. Unit 1 has new central air system, new hot water boiler and a security system.

    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: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Oil
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,399 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: MELRM0D8P0000121

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Melrose

    Other

    Other facts
    • AMENITIES: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School, T-Station
    • ELECTRIC_FEATURE: Circuit Breakers, 200 Amps
    • FLOORING: Wood, Laminate
    • HOT_WATER: Natural Gas
    • HOW_SHOWN_BB: Call List Agent, Appointment Required
    • HOW_SHOWN_FB: Appointment Required
    • LOT_DESCRIPTION: Paved Drive, Corner
    • MF_TYPE: 2 Family
    • ROAD_TYPE: Public
    • ROOF_MATERIAL: Asphalt/Fiberglass Shingles, Rubber
    • BASEMENT_FEATURE: Walk Out
    • FOUNDATION: Brick
    • EXTERIOR: Asbestos

    Price history

    DateEventPrice
    5/15/2017Sold$620,000+3.4%$258/sqft
    Source: Public Record Report a problem
    3/24/2017Listed for sale$599,900$250/sqft
    Source: C&M Signature Property Group #72120207 Report a problem
    3/24/2017Pending sale$599,900$250/sqft
    Source: C&M Signature Property Group #72120207 Report a problem
    3/24/2017Listed for sale$599,900$250/sqft
    Source: C&M Signature Property Group #72120207 Report a problem
    2/19/2017Listing removed$599,900$250/sqft
    Source: C&M Signature Property Group #72120207 Report a problem
    2/17/2017Listed for sale$599,900+216.6%$250/sqft
    Source: C&M Signature Property Group #72120207 Report a problem
    8/13/2003Sold$189,500$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,993 +6%$807,400 +6.3%
    2024$7,542 -0.2%$759,500 +4.7%
    2023$7,560 +3.1%$725,500 +4.6%
    2022$7,332 +4.3%$693,700 +8%
    2021$7,032 +3.5%$642,200 +4.5%
    2020$6,792 +6.2%$614,700 +3.9%
    2019$6,397 +23%$591,800 +28.9%
    2018$5,202 +2.9%$459,100 +7.1%
    2017$5,057 +7.9%$428,600 +12.7%
    2016$4,688 -4.6%$380,200 +0.3%
    2015$4,912 +7%$379,000 +9.7%
    2014$4,590 -1.1%$345,600 -3%
    2013$4,641 +1.2%$356,200 -0.9%
    2012$4,587 +2.4%$359,500
    2011$4,479 +4.6%$359,500 +1.4%
    2010$4,281 +2.2%$354,700 -3.8%
    2009$4,190 +1.5%$368,800 -6.8%
    2008$4,127 +2.7%$395,700 -3.2%
    2007$4,018 +11.5%$408,700 +9.2%
    2006$3,605 +3.6%$374,400 +4.8%
    2005$3,480 +3.1%$357,300 +22%
    2004$3,374 +3.4%$292,900 +9.9%
    2003$3,263 +2.7%$266,400 +9%
    2002$3,178 +2.8%$244,300 +10.8%
    2000$3,092 +0.3%$220,400 +12.3%
    1999$3,084 $196,200

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,033,700
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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
    $1,033,700