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Off market
  • $1,192,900

    515 Lebanon St, Melrose, MA 02176

    5beds
    2,524sqft
    MultiFamily
    Built in 1889
    -- sqft lot
    $1,192,900 Zestimate®
    $473/sqft
    $3,622 Estimated rent

    Home value

    $1,192,900

    $1.12M - $1.28M

    $3,622/mo

    Zestimate® history
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    $3,622/mo

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    $3,622/mo

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    $7,378/mo

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    $7,378/mo

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    What's special

    Beautiful hard to find two family home in PRIME LOCATION. Walk to downtown, public transportation and Melrose-Wakefield Hospital. First floor apartment features tiled living room and kitchen, and two bedrooms with HARDWOOD flooring. . Second and third floors are SPACIOUS and contain a large living room and dining room with hardwood flooring, updated eat in kitchen and 3 good sized bedrooms with new carpeting. This is a fully DELEADED home with laundry inside both units. Washer and dryers come with each apartment. There is additional STORAGE in basement plus a TWO CAR GARAGE and plenty of off street parking. Maintenance free vinyl siding. Great rental income. Currently both units are rented as tenants at will. Open houses Sat/Sun 3/3 & 3/4th 12:00-1:30 PM. Accompanied showings after that.

    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: 2
    • Full bathrooms: 2
    Heating
    • Other, Oil
    Features
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,524 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: MELRM0D8P0000037

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1889

    Community & neighborhood

    Location
    • Region: Melrose

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House Of Worship, Public School
    • Construction: Frame
    • Exterior: Vinyl
    • Flooring: Wood, Tile
    • Foundation: Fieldstone
    • Hea Dscrp 1: Gas
    • Hea Dscrp 2: Gas
    • Hot Water: Natural Gas
    • Ife Dscrp 1: Cable Tv Available, Ceiling Fans, Storage, Tile Floor, Hardwood Floors, Bathroom With Tub, Lead Certification Available
    • Ife Dscrp 2: Cable Tv Available, Ceiling Fans, Wall To Wall Carpet, Tile Floor, Lead Certification Available, Wood Flooring, Remodeled, Bathroom With Tub
    • Lot Description: Paved Drive, Level
    • Mf Type: 2 Family
    • Rms Dscrp 1: Living Room, Kitchen
    • Rms Dscrp 2: Living Room, Kitchen, Laundry, Dining Room
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Terms Feature: Contract For Deed
    • App Dscrp 1: Refrigerator, Dryer - Energy Star, Dishwasher - Energy Star, Washer - Energy Star
    • App Dscrp 2: Refrigerator, Dryer - Energy Star, Dishwasher - Energy Star, Washer - Energy Star
    • Exterior Features: Porch, Gutters
    • Rnt Dscrp 1: Water
    • Rnt Dscrp 2: Water
    • Year Round: Yes
    • Electric Feature: 200 Amps
    • Basement Feature: Unfinished Basement

    Price history

    DateEventPrice
    4/26/2018Sold$800,000+14.3%$317/sqft
    Source: Public Record Report a problem
    3/7/2018Pending sale$699,900$277/sqft
    Source: Classified Realty Group #72286623 Report a problem
    2/28/2018Listed for sale$699,900+42.5%$277/sqft
    Source: Classified Realty Group #72286623 Report a problem
    12/15/2010Sold$491,000-5.4%$195/sqft
    Source: Public Record Report a problem
    10/1/2010Listed for sale$519,000-5.5%$206/sqft
    Source: L. Bradley Hutchinson #71038576 Report a problem
    6/30/2010Listing removed$549,000$218/sqft
    Source: L. Bradley Hutchinson #71038576 Report a problem
    5/26/2010Price change$549,000-3.5%$218/sqft
    Source: L. Bradley Hutchinson #71038576 Report a problem
    2/27/2010Listed for sale$569,000+37.1%$225/sqft
    Source: L. Bradley Hutchinson #71038576 Report a problem
    9/30/2003Sold$415,000$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,808 +5.8%$990,700 +6.1%
    2024$9,269 -0.2%$933,400 +4.7%
    2023$9,287 +2%$891,300 +3.5%
    2022$9,103 +5.5%$861,200 +9.3%
    2021$8,628 +3.3%$787,900 +4.2%
    2020$8,355 +11.8%$756,100 +9.3%
    2019$7,476 +4.7%$691,600 +9.7%
    2018$7,140 +3.2%$630,200 +7.5%
    2017$6,921 +7.1%$586,500 +11.9%
    2016$6,461 -3.8%$524,000 +1.1%
    2015$6,717 +7%$518,300 +9.6%
    2014$6,279 +3.4%$472,800 +1.5%
    2013$6,071 +1%$465,900 -1.1%
    2012$6,011 +16%$471,100 +13.3%
    2011$5,180 +7%$415,700 +3.7%
    2010$4,839 +2.2%$400,900 -3.8%
    2009$4,736 +2.1%$416,900 -6.3%
    2008$4,640 +2.5%$444,900 -3.3%
    2007$4,525 +10.3%$460,300 +8%
    2006$4,103 +3.7%$426,100 +4.9%
    2005$3,956 +12.3%$406,200 +32.9%
    2004$3,522 +3.5%$305,700 +10%
    2003$3,404 +2.6%$277,900 +8.9%
    2002$3,319 +4.3%$255,100 +12.5%
    2000$3,182 +4.9%$226,800 +17.5%
    1999$3,034 $193,000

    Find assessor info on the county website

    Neighborhood: East Side

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,192,900
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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
    $1,192,900