38-40 Leonard Rd, Melrose, MA 02176

5 beds3 baths2,917 sqft

Sold: $490,000
Sold on 08/08/14
Zestimate®: $495,424
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My Notes

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Standard two family home with lots of features. Front and back porches, hard wood floors throughout, built in hutches on both floors, high ceilings, and many ceiling fans throughout. You are steps from downtown Melrose shops and restaurants. Oak Grove T station is 1.5 miles down the road or jump on the commuter line into Boston. Route 93 and 1 are but a 5 minute ride. Well maintained property with all separate utilities makes this a great income property. Newer hot water tank, oil tank, and dishwasher. New roof in 2013.Small back and side yard leaves you with quick summer lawn cuttings but room for the grill and pets.

Facts

  • Lot: 4,216 sqft
  • Multi Family
  • Built in 1924
  • Heating: Other
  • Last sold: Aug 2014 for $490,000
  • Price/sqft: $168

Features

  • Finished basement, 229 sqft
  • Fireplace
  • Parking: 4 spaces

Additional Features

  • ADULT_COMMUNITY \ No, AMENITIES \ Conservation Area, AMENITIES \ Golf Course, AMENITIES \ Highway Access, AMENITIES \ House of Worship, AMENITIES \ Laundromat, AMENITIES \ Medical Facility, AMENITIES \ Park, AMENITIES \ Private School, AMENITIES \ Public School, AMENITIES \ Public Transportation, AMENITIES \ Shopping, AMENITIES \ Swimming Pool, AMENITIES \ T-Station, AMENITIES \ Tennis Court, AMENITIES \ Walk/Jog Trails, APOD_AVAILABLE \ No, APP_DSCRP_1 \ Disposal, APP_DSCRP_1 \ Dryer, APP_DSCRP_1 \ Range, APP_DSCRP_1 \ Refrigerator, APP_DSCRP_1 \ Washer, APP_DSCRP_2 \ Dishwasher, APP_DSCRP_2 \ Disposal, APP_DSCRP_2 \ Dryer, APP_DSCRP_2 \ Range, APP_DSCRP_2 \ Refrigerator, APP_DSCRP_2 \ Washer, BASEMENT_FEATURE \ Concrete Floor, BASEMENT_FEATURE \ Full, BEACHFRONT_FLAG \ No, CONSTRUCTION \ Frame, ELECTRIC_FEATURE \ 100 Amps, ELECTRIC_FEATURE \ Circuit Breakers, ENERGY_FEATURES \ Insulated Windows, ENTRY_ONLY \ No, EXTERIOR \ Vinyl, EXTERIOR_FEATURES \ Garden Area, EXTERIOR_FEATURES \ Gutters, EXTERIOR_FEATURES \ Patio, EXTERIOR_FEATURES \ Porch, EXTERIOR_FEATURES \ Porch - Enclosed, EXTERIOR_FEATURES \ Screens, FLOORING \ Hardwood, FLOORING \ Tile, FLOORING \ Wood, FOUNDATION \ Concrete Block, FOUNDATION \ Fieldstone, HEA_DSCRP_1 \ Oil, HEA_DSCRP_1 \ Steam, HEA_DSCRP_2 \ Gas, HEA_DSCRP_2 \ Steam, HOT_WATER \ Natural Gas, HOT_WATER \ Tankless, HOW_SHOWN_BB \ Call List Office, HOW_SHOWN_BB \ Lock Box, HOW_SHOWN_FB \ Call List Office, HOW_SHOWN_FB \ Lock Box, IFE_DSCRP_1 \ Balcony/Deck, IFE_DSCRP_1 \ Bathroom With Tub, IFE_DSCRP_1 \ Cable TV Available, IFE_DSCRP_1 \ Hardwood Floors, IFE_DSCRP_1 \ Pantry, IFE_DSCRP_1 \ Storage, IFE_DSCRP_1 \ Tile Floor, IFE_DSCRP_1 \ Wood Flooring, IFE_DSCRP_2 \ Balcony/Deck, IFE_DSCRP_2 \ Bathroom With Tub & Shower, IFE_DSCRP_2 \ Cable TV Available, IFE_DSCRP_2 \ Floored Attic, IFE_DSCRP_2 \ Hardwood Floors, IFE_DSCRP_2 \ Heated Attic, IFE_DSCRP_2 \ Pantry, IFE_DSCRP_2 \ Stone/Ceramic Tile Floor, IFE_DSCRP_2 \ Storage, IFE_DSCRP_2 \ Tile Floor, IFE_DSCRP_2 \ Walk-Up Attic, IFE_DSCRP_2 \ Wood Flooring, LOT_DESCRIPTION \ Level, LOT_DESCRIPTION \ Paved Drive, MF_TYPE \ 2 Family - 2 Units Up/Down, PROP_TYPE \ Multi-family, RMS_DSCRP_1 \ Dining Room, RMS_DSCRP_1 \ Kitchen, RMS_DSCRP_1 \ Living Room, RMS_DSCRP_2 \ Dining Room, RMS_DSCRP_2 \ Kitchen, RMS_DSCRP_2 \ Living Room, RMS_DSCRP_2 \ Other (See Remarks), RNT_DSCRP_1 \ Water, RNT_DSCRP_2 \ Water, ROAD_TYPE \ Paved, ROAD_TYPE \ Public, ROAD_TYPE \ Publicly Maint., ROAD_TYPE \ Sidewalk, ROOF_MATERIAL \ Asphalt/Fiberglass Shingles, UTILITY_CONNECTIONS \ for Gas Oven, UTILITY_CONNECTIONS \ for Gas Range

Construction

  • Exterior material: Vinyl
  • Roof type: Other
  • Room count: 12
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 2

Other

  • Floor size: 2,917 sqft
  • Parcel #: M:0D7 P:0000041
  • Unit floor #: 3
  • Zillow Home ID: 56288431

Zestimate Details

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$495,424
+$489 Last 30 days
$471K
$520K
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$1,991/mo
+$92 Last 30 days
$1.7K
$2.5K
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Neighborhood

Market guide

Zillow predicts 02176 home values will increase 1.9% next year, compared to a 1.9% rise for Melrose as a whole. Among 02176 homes, this home is valued 7.1% more than the midpoint (median) home, but is valued 36.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 02176, the number of foreclosures waiting to be sold is 1.6% lower than in Melrose, and 71.9% lower than the national average. This lower local number could help 02176 home values rise more quickly than other regions in Melrose.

Learn more about forecast calculations or 02176 home values.
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