408 Lebanon St
Melrose, MA 02176
1 bd 1 ba 994 sqft Built 1896 condos
Most recent sale
$428,500
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $428,500 | MLS #72980750 |
| Jun 2, 2022 | Relisted | $375,000 | MLS #72980750 |
| May 27, 2022 | Listing removed | $375,000 | MLSPIN |
| May 12, 2022 | Listed | $375,000 | MLS #72980750 |
| Aug 14, 2015 | Sold | $263,000 | MLS #71856399 |
| Jun 12, 2015 | Listed | $249,900 | MLS #71856399 |
| Aug 29, 2013 | Sold | $203,750 | MLS #71373186 |
| Jun 26, 2012 | Sold | $203,750 | Public Record |
| Apr 25, 2012 | Listed | $219,900 | MLS #71373186 |
| Sep 11, 2002 | Sold | $170,000 | Public Record |
| Jul 31, 1995 | Sold | $106,000 | Public Record |
| Mar 22, 1988 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $410,300 | — | $410,300 | $4,062 |
| 2024 | $405,900 | — | $405,900 | $4,031 |
| 2023 | $352,500 | — | $352,500 | $3,673 |
| 2022 | $338,600 | — | $338,600 | $3,579 |
| 2021 | $297,300 | — | $297,300 | $3,255 |
| 2020 | $297,300 | — | $297,300 | $3,285 |
| 2019 | $289,100 | — | $289,100 | $3,125 |
| 2018 | $248,700 | — | $248,700 | $2,818 |
| 2017 | $248,700 | — | $248,700 | $2,935 |
| 2016 | $226,600 | — | $226,600 | $2,794 |
| 2015 | $210,400 | — | $210,400 | $2,727 |
| 2013 | $206,200 | — | $206,200 | $2,687 |
| 2005 | $228,700 | — | $228,700 | $2,228 |
| 2004 | $207,400 | — | $207,400 | $2,389 |
| 2003 | $174,600 | — | $174,600 | $2,139 |
Property facts
Year built
1896
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
994 sqft
Lot size
—
ZIP code
02176
City
Melrose
Street
Lebanon St
Coordinates
42.45301, -71.06014
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,883
Gross rental yield
8.07%
Implied cap rate
5.25%
Trend-extrapolated value
—
Frequently asked questions
When did 408 Lebanon St last sell?
408 Lebanon St most recently sold on Jun 10, 2022 for $428,500.
What is the current tax assessment for 408 Lebanon St?
The most recent total assessment for 408 Lebanon St (year 2025) is $410,300 with $4,062 in property tax.
How does 408 Lebanon St's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $428,500.
When was 408 Lebanon St built?
408 Lebanon St was built in 1896.
How does 408 Lebanon St compare to others on Lebanon St?
We track 8 other properties on Lebanon St. Browse the list under "Other properties on Lebanon St" to compare beds, baths, and sale history.
What are the property facts for 408 Lebanon St?
408 Lebanon St is a 1 bed, 1 bath, 994 sqft condos.
Is 408 Lebanon St a flip candidate?
No — 408 Lebanon St does not appear in our flips dataset.
Is 408 Lebanon St a tax-appeal candidate?
No — 408 Lebanon St 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
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