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49 Melrose St

Melrose, MA 02176

2 bd 2 ba 1,226 sqft Built 1972 condos
Most recent sale
$415,000
Jan 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2024 Sold $505,000 MLSPIN
Feb 12, 2024 Listing removed $2,800 MLSPIN
Feb 4, 2024 Price changed for rent $2,800 MLSPIN
Jan 24, 2024 Price changed $505,000 MLSPIN
Dec 12, 2023 Price changed for rent $2,500 MLSPIN
Dec 7, 2023 Price changed $519,000 MLSPIN
Nov 30, 2023 Listed for rent $2,800 MLSPIN
Nov 21, 2023 Price changed $539,900 MLSPIN
Nov 14, 2023 Listed $559,900 MLSPIN
Jan 26, 2022 Sold $415,000 MLS #72913793
Apr 19, 1974 Sold $42,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $430,800 $430,800 $4,265
2024 $418,900 $418,900 $4,160
2023 $433,800 $433,800 $4,520
2022 $411,400 $411,400 $4,348
2021 $396,300 $396,300 $4,339
2020 $396,300 $396,300 $4,379
2019 $365,200 $365,200 $3,948
2018 $305,800 $305,800 $3,465
2017 $269,500 $269,500 $3,180
2016 $232,400 $232,400 $2,865
2015 $211,200 $211,200 $2,737
2013 $219,800 $219,800 $2,864
2005 $237,100 $237,100 $2,309
2004 $221,000 $221,000 $2,546
2003 $186,400 $186,400 $2,283

Property facts

Year built
1972
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,226 sqft
Lot size
ZIP code
02176
City
Melrose
Street
Melrose St
Coordinates
42.46498, -71.06399

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,555
Gross rental yield
10.28%
Implied cap rate
6.68%
Trend-extrapolated value

Frequently asked questions

When did 49 Melrose St last sell?
49 Melrose St most recently sold on Jan 26, 2022 for $415,000.
What is the current tax assessment for 49 Melrose St?
The most recent total assessment for 49 Melrose St (year 2025) is $430,800 with $4,265 in property tax.
How does 49 Melrose St's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $415,000.
When was 49 Melrose St built?
49 Melrose St was built in 1972.
How does 49 Melrose St compare to others on Melrose St?
We track 8 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 49 Melrose St?
49 Melrose St is a 2 bed, 2 bath, 1,226 sqft condos.
Is 49 Melrose St a flip candidate?
No — 49 Melrose St does not appear in our flips dataset.
Is 49 Melrose St a tax-appeal candidate?
No — 49 Melrose 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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