159 Derby Rd
Melrose, MA 02176
3 bd 1 ba 1,418 sqft Built 1930 Lot 5,384 sqft single_family
Most recent sale
$626,900
Jul 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 12, 2022 | Sold | $626,900 | MLS #72992200 |
| Jun 3, 2022 | Listed | $549,900 | MLS #72992200 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $179,900 | $399,300 | $579,200 | $5,734 |
| 2024 | $174,400 | $373,500 | $547,900 | $5,441 |
| 2023 | $157,000 | $347,800 | $504,800 | $5,260 |
| 2022 | $157,000 | $317,200 | $474,200 | $5,012 |
| 2021 | $146,800 | $305,000 | $451,800 | $4,947 |
| 2020 | $146,800 | $280,600 | $427,400 | $4,723 |
| 2019 | $135,600 | $268,400 | $404,000 | $4,367 |
| 2018 | $128,700 | $222,700 | $351,400 | $3,981 |
| 2017 | $128,700 | $213,500 | $342,200 | $4,038 |
| 2016 | $105,600 | $189,100 | $294,700 | $3,634 |
| 2015 | $105,600 | $189,100 | $294,700 | $3,819 |
| 2013 | $98,600 | $173,900 | $272,500 | $3,551 |
| 2005 | $98,300 | $168,400 | $266,700 | $2,598 |
| 2004 | $82,800 | $140,400 | $223,200 | $2,571 |
| 2003 | $75,200 | $127,700 | $202,900 | $2,486 |
Property facts
Year built
1930
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
1,418 sqft
Lot size
5,384 sqft
ZIP code
02176
City
Melrose
Street
Derby Rd
Coordinates
42.44877, -71.06883
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,112
Gross rental yield
7.87%
Implied cap rate
5.12%
Trend-extrapolated value
—
Frequently asked questions
When did 159 Derby Rd last sell?
159 Derby Rd most recently sold on Jul 12, 2022 for $626,900.
What is the current tax assessment for 159 Derby Rd?
The most recent total assessment for 159 Derby Rd (year 2025) is $579,200 with $5,734 in property tax.
How does 159 Derby Rd's assessment compare to its last sale price?
The current assessment is 7.6% below the last sale price of $626,900.
When was 159 Derby Rd built?
159 Derby Rd was built in 1930.
How does 159 Derby Rd compare to others on Derby Rd?
We track 8 other properties on Derby Rd. Browse the list under "Other properties on Derby Rd" to compare beds, baths, and sale history.
What are the property facts for 159 Derby Rd?
159 Derby Rd is a 3 bed, 1 bath, 1,418 sqft, 5,384 sqft lot single_family.
Is 159 Derby Rd a flip candidate?
No — 159 Derby Rd does not appear in our flips dataset.
Is 159 Derby Rd a tax-appeal candidate?
No — 159 Derby Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q2
$922.3K
2026 Q3
$933.7K
ZIP 02176 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Derby Rd