51 Melrose St
Melrose, MA 02176
2 bd 2 ba 1,200 sqft Built 1972 condos
Most recent sale
$475,000
Feb 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 16, 2022 | Sold | $475,000 | MLS #72931063 |
| Jan 4, 2022 | Listed | $489,900 | MLS #72931063 |
| May 23, 1994 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $435,000 | — | $435,000 | $4,307 |
| 2024 | $422,800 | — | $422,800 | $4,198 |
| 2023 | $410,300 | — | $410,300 | $4,275 |
| 2022 | $393,200 | — | $393,200 | $4,156 |
| 2021 | $378,300 | — | $378,300 | $4,142 |
| 2020 | $378,300 | — | $378,300 | $4,180 |
| 2019 | $347,700 | — | $347,700 | $3,759 |
| 2018 | $290,100 | — | $290,100 | $3,287 |
| 2017 | $245,700 | — | $245,700 | $2,899 |
| 2016 | $230,700 | — | $230,700 | $2,845 |
| 2015 | $209,800 | — | $209,800 | $2,719 |
| 2013 | $218,300 | — | $218,300 | $2,844 |
| 2005 | $235,400 | — | $235,400 | $2,293 |
| 2004 | $219,400 | — | $219,400 | $2,527 |
| 2003 | $185,000 | — | $185,000 | $2,266 |
Property facts
Year built
1972
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,200 sqft
Lot size
—
ZIP code
02176
City
Melrose
Street
Melrose St
Coordinates
42.46566, -71.06397
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
$3,480
Gross rental yield
8.79%
Implied cap rate
5.71%
Trend-extrapolated value
—
Frequently asked questions
When did 51 Melrose St last sell?
51 Melrose St most recently sold on Feb 16, 2022 for $475,000.
What is the current tax assessment for 51 Melrose St?
The most recent total assessment for 51 Melrose St (year 2025) is $435,000 with $4,307 in property tax.
How does 51 Melrose St's assessment compare to its last sale price?
The current assessment is 8.4% below the last sale price of $475,000.
When was 51 Melrose St built?
51 Melrose St was built in 1972.
How does 51 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 51 Melrose St?
51 Melrose St is a 2 bed, 2 bath, 1,200 sqft condos.
Is 51 Melrose St a flip candidate?
No — 51 Melrose St does not appear in our flips dataset.
Is 51 Melrose St a tax-appeal candidate?
No — 51 Melrose 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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