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Backup Offers

198 Washington St Unit 1, Melrose, MA, 02176

$535,000

Home List Price

$6,353*

Closing Credit

2 Bedrooms
1 Full Bath
822 SqFt
$651/SqFt
Condo

Location

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198 Washington St Unit 1, Melrose$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Paved
Year Built1890
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceLiving Room
MLS #73297495
StatusAccepting Backup Offers
(Contingent)

About 198 Washington St Unit 1

Ready to turn the keys over to your landlord? Well, here’s your chance to buy something of your very own! Completely renovated in 2017, this turn-key first-level condo features a bright, airy, open-concept layout with soaring ceilings, hardwood floors, eat-in kitchen, and gas fireplace. Take note of large basement offering loads of storage, in-unit laundry on the main level, bonus bedroom ideal for home office and full bathroom with designer finishes. But it’s the location that is sure to seal the deal! Located just steps to Oak Grove for quick easy access into Boston with a backyard offering views and direct access to The Fells and Cascade Falls, in addition to parking for guests and green space for your four-legged friends. Pet-friendly 2-unit owner association provides the feel of a single-family without the hassle of constant upkeep, plus no condo fee. Take it all in on your exclusive covered porch and welcome yourself home before the start of the new year!

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 822 SqFt

Listing Office:

  • Office Name: Classified Realty Group
  • Office Phone: (781) 944-1901
  • Listing Agent: Susan Gormady Group

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
  • Flooring Type: Tile, Hardwood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Off Street, Paved

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Fellsway to Washington Street (pull onto Atkinson Terrace)

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $651/SqFt
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Housing Market Comparison

See how this home compares to others in Melrose, MA.

Med. Sold Price

$832.1K

Med. Price/SqFt

$462

Avg. Days On Market

24

# of Sold Homes

20

198 Washington St Unit 1 vs Melrose

46 DAYS ON ROCKET

+22 Days

$535,000

-$297.1K Less

$651/SqFt

+$189 More

KEY TAKEAWAY

This property is $297.1K less than the Median Sold Price and $189/SqFt more than other homes in Melrose, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73297495

Listing Office:

  • Office Name: Classified Realty Group
  • Office Phone: (781) 944-1901
  • Listing Agent: Susan Gormady Group

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,738

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-416100
7
/10
  • Lincoln Elementary School

  • 80 W Wyoming Ave

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-416101
8
/10
  • Hoover Elementary School

  • 37 Glendower Rd

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-416102
7
/10
  • Roosevelt Elementary School

  • 253 Vinton St

  • 1.38 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,453. The most common annual income of people living in Melrose, MA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 198 Washington St Unit 1

What is the listing price of this property?

The listing price of 198 Washington St Unit 1 property is $535,000.

What type of property is this?

The property 198 Washington St Unit 1 is a condo located in Melrose, Massachusetts, 02176.

Is this property for sale now?

Accepting Backup Offers: 198 Washington St Unit 1 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 198 Washington St Unit 1 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 198 Washington St Unit 1 is 822 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 198 Washington St Unit 1 is 1890.

Rocket HomesMassachusettsMiddlesex CountyMelrose02176198 Washington St Unit 1

This home is located at 198 Washington St Unit 1 in Melrose, MA and zip code 02176. This 822 square foot home was built in 1890. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $535,000.

Over 12 listings were sold over their listed price in October 2024 in Melrose, MA. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price. Between September 2024 and October 2024, Melrose, MA real estate market has seen increase in the number of listings by 7.5%. In October 2024 median list price was $832,100 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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