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53 Melrose St

Melrose, MA 02176

1 bd 1 ba 755 sqft Built 1961 condos
Most recent sale
$324,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2025 Listing removed $169,900 MLSPIN
Mar 15, 2022 Sold $324,000 MLS #72933841
Mar 7, 2022 Relisted $314,900 MLS #72933841
Feb 26, 2022 Relisted $314,900 MLS #72933841
Feb 15, 2022 Listing removed $314,900 MLSPIN
Jan 14, 2022 Listed $314,900 MLS #72933841
Dec 6, 2010 Sold $155,000 MLS #71109912
Nov 11, 2010 Price changed $159,900 MLS #71109912
Jul 15, 2010 Listed $169,900 MLS #71109912
Jun 12, 2010 Listing removed $169,900 MLSPIN
May 3, 2010 Price changed $169,900 MLS #71046209
Mar 12, 2010 Listed $179,900 MLS #71046209
Sep 17, 2001 Sold $155,000 Public Record
Oct 29, 1999 Sold $128,000 Public Record
Sep 14, 1989 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $310,500 $310,500 $3,074
2024 $301,900 $301,900 $2,998
2023 $298,700 $298,700 $3,112
2022 $286,800 $286,800 $3,031
2021 $264,200 $264,200 $2,893
2020 $264,200 $264,200 $2,919
2019 $243,700 $243,700 $2,634
2018 $204,400 $204,400 $2,316
2017 $173,600 $173,600 $2,048
2016 $159,700 $159,700 $1,969
2015 $145,200 $145,200 $1,882
2013 $150,100 $150,100 $1,956
2005 $176,600 $176,600 $1,720
2004 $163,300 $163,300 $1,881
2003 $137,700 $137,700 $1,687

Property facts

Year built
1961
Property type
condos
Stories
Beds
1
Baths
1
Living area
755 sqft
Lot size
ZIP code
02176
City
Melrose
Street
Melrose St
Coordinates
42.46515, -71.06440

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
$2,190
Gross rental yield
8.11%
Implied cap rate
5.27%
Trend-extrapolated value

Frequently asked questions

When did 53 Melrose St last sell?
53 Melrose St most recently sold on Mar 15, 2022 for $324,000.
What is the current tax assessment for 53 Melrose St?
The most recent total assessment for 53 Melrose St (year 2025) is $310,500 with $3,074 in property tax.
How does 53 Melrose St's assessment compare to its last sale price?
The current assessment is 4.2% below the last sale price of $324,000.
When was 53 Melrose St built?
53 Melrose St was built in 1961.
How does 53 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 53 Melrose St?
53 Melrose St is a 1 bed, 1 bath, 755 sqft condos.
Is 53 Melrose St a flip candidate?
No — 53 Melrose St does not appear in our flips dataset.
Is 53 Melrose St a tax-appeal candidate?
No — 53 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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