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12 Mount Vernon St

Melrose, MA 02176

2 bd 2 ba 1,170 sqft Built 1980 condos
Most recent sale
$450,000
Mar 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2022 Sold $450,000 MLS #72937535
Jan 27, 2022 Listed $449,900 MLS #72937535
Dec 27, 2006 Sold $313,500 MLS #70478151
Oct 19, 2006 Listed $325,000 MLS #70478151
Jul 31, 1989 Sold $136,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $434,200 $434,200 $4,299
2024 $421,200 $421,200 $4,183
2023 $428,500 $428,500 $4,465
2022 $411,600 $411,600 $4,351
2021 $334,600 $334,600 $3,664
2020 $334,600 $334,600 $3,697
2019 $345,000 $345,000 $3,729
2018 $339,500 $339,500 $3,847
2017 $341,300 $341,300 $4,027
2016 $298,400 $298,400 $3,679
2015 $259,500 $259,500 $3,363
2013 $231,700 $231,700 $3,019
2005 $271,400 $271,400 $2,643
2004 $194,000 $194,000 $2,235
2003 $176,400 $176,400 $2,161

Property facts

Year built
1980
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,170 sqft
Lot size
ZIP code
02176
City
Melrose
Street
Mount Vernon St
Coordinates
42.45073, -71.06740

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
$3,393
Gross rental yield
9.05%
Implied cap rate
5.88%
Trend-extrapolated value

Frequently asked questions

When did 12 Mount Vernon St last sell?
12 Mount Vernon St most recently sold on Mar 17, 2022 for $450,000.
What is the current tax assessment for 12 Mount Vernon St?
The most recent total assessment for 12 Mount Vernon St (year 2025) is $434,200 with $4,299 in property tax.
How does 12 Mount Vernon St's assessment compare to its last sale price?
The current assessment is 3.5% below the last sale price of $450,000.
When was 12 Mount Vernon St built?
12 Mount Vernon St was built in 1980.
How does 12 Mount Vernon St compare to others on Mount Vernon St?
We track 7 other properties on Mount Vernon St. Browse the list under "Other properties on Mount Vernon St" to compare beds, baths, and sale history.
What are the property facts for 12 Mount Vernon St?
12 Mount Vernon St is a 2 bed, 2 bath, 1,170 sqft condos.
Is 12 Mount Vernon St a flip candidate?
No — 12 Mount Vernon St does not appear in our flips dataset.
Is 12 Mount Vernon St a tax-appeal candidate?
No — 12 Mount Vernon 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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