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Off market
    • $1,164,900

    515 Lebanon St, Melrose, MA 02176

    5beds
    2,524sqft
    MultiFamily
    Built in 1889
    -- sqft lot
    $1,164,900 Zestimate®
    $462/sqft
    $4,755 Estimated rent

    Home value

    $1,164,900

    $1.08M - $1.25M

    $4,755/mo

    Zestimate® history
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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 not currently displayed as for sale or rent on Zillow. This may be different from what's 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 Square Feet
    Details
    • Parcel number: MELRM0D8P0000037

    Construction

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

    Community & HOA

    Location
    • Region: Melrose

    Financial & listing details

    • Price per square foot: $462/sqft
    • Tax assessed value: $990,700
    • Annual tax amount: $9,808

    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

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    Estimated market value
    $1,164,900
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    Estimated market value
    $1,164,900

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