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32 Otis St

Melrose, MA 02176

5 bd 3 ba 2,404 sqft Built 1920 Lot 5,022 sqft single_family
Most recent sale
$995,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $995,000 MLS #72998604
Jun 16, 2022 Listed $995,000 MLS #72998604
Dec 18, 2000 Sold $315,000 Public Record
Jul 18, 1986 Sold $192,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $486,400 $445,600 $932,000 $9,227
2024 $476,100 $418,600 $894,700 $8,884
2023 $406,800 $405,100 $811,900 $8,460
2022 $392,100 $405,100 $797,200 $8,426
2021 $364,200 $378,100 $742,300 $8,128
2020 $364,300 $337,600 $701,900 $7,756
2019 $334,900 $311,900 $646,800 $6,992
2018 $334,900 $283,600 $618,500 $7,008
2017 $303,000 $270,100 $573,100 $6,763
2016 $263,000 $263,300 $526,300 $6,489
2015 $239,000 $236,300 $475,300 $6,160
2013 $234,100 $209,300 $443,400 $5,778
2005 $212,100 $230,200 $442,300 $4,308
2004 $169,100 $174,100 $343,200 $3,954
2003 $153,700 $158,200 $311,900 $3,821

Property facts

Year built
1920
Property type
single_family
Stories
Beds
5
Baths
3
Living area
2,404 sqft
Lot size
5,022 sqft
ZIP code
02176
City
Melrose
Street
Otis St
Coordinates
42.46106, -71.07285

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,972
Gross rental yield
8.41%
Implied cap rate
5.47%
Trend-extrapolated value

Frequently asked questions

When did 32 Otis St last sell?
32 Otis St most recently sold on Sep 15, 2022 for $995,000.
What is the current tax assessment for 32 Otis St?
The most recent total assessment for 32 Otis St (year 2025) is $932,000 with $9,227 in property tax.
How does 32 Otis St's assessment compare to its last sale price?
The current assessment is 6.3% below the last sale price of $995,000.
When was 32 Otis St built?
32 Otis St was built in 1920.
How does 32 Otis St compare to others on Otis St?
We track 1 other property on Otis St. Browse the list under "Other properties on Otis St" to compare beds, baths, and sale history.
What are the property facts for 32 Otis St?
32 Otis St is a 5 bed, 3 bath, 2,404 sqft, 5,022 sqft lot single_family.
Is 32 Otis St a flip candidate?
No — 32 Otis St does not appear in our flips dataset.
Is 32 Otis St a tax-appeal candidate?
No — 32 Otis 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

Explore nearby

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