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226 Forest St

Melrose, MA 02176

3 bd 2 ba 1,296 sqft Built 1906 Lot 4,443 sqft single_family
Most recent sale
$642,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $642,000 MLS #72956441
Mar 23, 2022 Listed $575,000 MLS #72956441
Aug 29, 2013 Sold $253,000 MLS #71431790
Aug 9, 2012 Listing removed $249,000 MLSPIN
Jun 19, 2012 Relisted $249,000 MLS #71323026
Jun 6, 2012 Listing removed $249,000 MLSPIN
May 22, 2012 Price changed $249,000 MLS #71323026
Mar 11, 2012 Price changed $260,000 MLS #71323026
Jan 3, 2012 Listed $274,900 MLS #71323026
Mar 31, 2006 Sold $340,500 MLS #70315320
Jan 14, 2006 Listed $339,900 MLS #70315320

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $281,300 $420,600 $701,900 $6,949
2024 $281,300 $395,100 $676,400 $6,717
2023 $190,100 $382,400 $572,500 $5,965
2022 $183,400 $382,400 $565,800 $5,981
2021 $169,400 $356,900 $526,300 $5,763
2020 $169,400 $318,600 $488,000 $5,392
2019 $155,900 $294,400 $450,300 $4,868
2018 $155,900 $267,700 $423,600 $4,799
2017 $138,900 $254,900 $393,800 $4,647
2016 $96,900 $248,500 $345,400 $4,259
2015 $96,900 $223,000 $319,900 $4,146
2013 $95,700 $197,600 $293,300 $3,822
2005 $96,300 $217,300 $313,600 $3,054
2004 $84,200 $164,300 $248,500 $2,863
2003 $76,600 $149,300 $225,900 $2,767

Property facts

Year built
1906
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,296 sqft
Lot size
4,443 sqft
ZIP code
02176
City
Melrose
Street
Forest St
Coordinates
42.44876, -71.05537

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,758
Gross rental yield
7.02%
Implied cap rate
4.57%
Trend-extrapolated value

Frequently asked questions

When did 226 Forest St last sell?
226 Forest St most recently sold on Apr 29, 2022 for $642,000.
What is the current tax assessment for 226 Forest St?
The most recent total assessment for 226 Forest St (year 2025) is $701,900 with $6,949 in property tax.
How does 226 Forest St's assessment compare to its last sale price?
The current assessment is 9.3% above the last sale price of $642,000.
When was 226 Forest St built?
226 Forest St was built in 1906.
How does 226 Forest St compare to others on Forest St?
We track 6 other properties on Forest St. Browse the list under "Other properties on Forest St" to compare beds, baths, and sale history.
What are the property facts for 226 Forest St?
226 Forest St is a 3 bed, 2 bath, 1,296 sqft, 4,443 sqft lot single_family.
Is 226 Forest St a flip candidate?
No — 226 Forest St does not appear in our flips dataset.
Is 226 Forest St a tax-appeal candidate?
No — 226 Forest St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q2
$922.3K
2026 Q3
$933.7K
ZIP 02176 — Median Price History + Forecast

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