Seller's Agent in 2023
Andersen Group Realty
Keller Williams Realty Boston Northwest
(781) 729-2329
6 in this area
568 Total Sales
5 Chestnut St Melrose, MA 02176
Oak Grove-Pine Banks NeighborhoodEstimated Value: $1,706,236 - $1,774,000
6
Beds
3.5
Baths
4,726
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- Wine Cellar
- Medical Services
- Custom Closet System
- Lincoln Elementary School Rated A-
- 0.33 Acre Lot
- Deck
About This Home
As of November 2023This historically renowned home welcomes you w/ charming foyer that seamlessly transitions into living room w/ built-in shelving and a dining room featuring a fireplace and an exquisite chandelier for ambiance. The state-of-the-art cherry kitchen w/ spacious island, Wolf range, Sub-Zero fridge, warming drawer and wine fridge is a culinary dream. On this level, a laundry/mudroom w/ a full bath, family room graced w/ a grand beamed ceiling. Special bonus room w/ half bath can be a potential au pair, bedroom or home office, and an additional home office space. The second floor offers an en suite w/ a walkthrough dressing room adorned w/ built-ins, master bath complete w/ soaking tub and radiant flooring, and three additional beds sharing a full bath. The third floor provides two beds and a sitting room. The unfinished basement features historic wine cellar. Property features a heated driveway, new heating system from 2022, and a beautifully landscaped English garden. Short walk to train.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,488
Year Built
- Built in 1870
Lot Details
- 0.33 Acre Lot
- Near Conservation Area
- Corner Lot
- Level Lot
- Sprinkler System
- Property is zoned URA
Home Design
- Victorian Architecture
- Stone Foundation
- Frame Construction
- Cellulose Insulation
- Blown-In Insulation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 4,726 Sq Ft Home
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Arched Doorways
- French Doors
- Mud Room
- Wine Cellar
- Family Room with Fireplace
- Dining Room with Fireplace
- 3 Fireplaces
- Home Office
- Bonus Room
- Storage Room
- Storm Windows
Kitchen
- Microwave
- Freezer
- Second Dishwasher
- Wine Refrigerator
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Dressing Area
- Pedestal Sink
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- Property is near schools
Schools
- Lincoln Elementary School
- Veterans Middle School
- Melrose High School
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 1 Heating Zone
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number M:0C5 P:0000124,653707
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2003
Sold by
Shannon Robert O and Shannon Anne
Bought by
Walters Beth A and Doyle Mark C
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walters Beth A | $737,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glynn Eliza J | $1,270,000 | |
| Closed | Singleton Francis X | $25,000 | |
| Closed | Walters Beth A | $35,000 | |
| Closed | Walters Beth A | $35,000 | |
| Closed | Walters Beth A | $500,000 | |
| Previous Owner | Shannon Robert O | $207,000 | |
| Previous Owner | Singleton Francis X | $17,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $1,625,000 | +20.5% | $344 / Sq Ft |
| 10/17/2023 10/17/23 | Pending | -- | -- | -- |
| 10/13/2023 10/13/23 | For Sale | $1,349,000 | -- | $285 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $155 | $1,567,500 | $522,400 | $1,045,100 |
| 2024 | $12,514 | $1,260,200 | $507,500 | $752,700 |
| 2023 | $12,488 | $1,198,500 | $492,600 | $705,900 |
| 2022 | $12,059 | $1,140,900 | $447,800 | $693,100 |
| 2021 | $11,715 | $1,069,900 | $417,900 | $652,000 |
| 2020 | $11,820 | $1,069,700 | $417,900 | $651,800 |
| 2019 | $10,620 | $982,400 | $373,200 | $609,200 |
| 2018 | $10,538 | $930,100 | $320,900 | $609,200 |
| 2017 | $9,957 | $843,800 | $298,500 | $545,300 |
| 2016 | $10,141 | $822,500 | $298,500 | $524,000 |
| 2015 | $9,460 | $729,900 | $283,600 | $446,300 |
| 2014 | $9,297 | $700,100 | $253,800 | $446,300 |
Source: Public Records
Agents Affiliated with this Home
-
Andersen Group Realty
-
The Petrowsky Jones Group
Buyer's Agent in 2023
The Petrowsky Jones Group
Compass
(617) 240-0799
1 in this area
252 Total Sales
Map
Similar Homes in Melrose, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73170054
APN: MELR-000005C-000000-000124
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