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SOLD 1/29/2016

700 Franklin Street, Melrose, MA 02176$906,000

7
beds
4
baths
4932
ft2
· 9724
ft2 lot
$184 / ft2

Listing provided courtesy of Listing Broker: Anthony Bruno, Gibson Sotheby's International Realty
Source MLS PIN;
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Rare opportunity to purchase a landmark 4 family home in Melrose, the hottest zip code in the U.S. according to an August 2015 Realtor.com report. Perfect for investment or condo conversion (condo documents have already been drafted). 700 Franklin Street is a one-of-a-kind, turn-of-the-century architectural gem built by a local carpenter in the Italian Renaissance style. Custom woodwork, hand craftsmanship and attention to detail are evident throughout the home including moldings, mantels, columns and staircases. Units 1 and 3 are bright and sunny open concept 1 bed, 1 bath homes. Units 2 and 4 are bright and spacious top floor units over 2 living levels. Unit 2 is a 2 bed, 1 bath. Unit 4 is a 3 bed, 1 bath. Separately metered utilities. Separate laundry and private storage in the basement. Off street parking for 6 cars including a 3 car garage. Ideally located less than a quarter mile to the Melrose Highlands Commuter Rail Station and on the bus line to the Orange Line at Oak Grove.

HOA

$—/month

On market

12 days

Year built

1890

Property type

4 Family

Parking

3

MLS

71937668

Price / Sq.Ft.

$184 / ft2

Status

Sold

Home details for 700 Franklin Street

Interior Features & Layout
Heating & Cooling
•   
Heating Description Unit4: Central Heat, Hot Water Radiators, Gas, Individual, Unit Control
•   
Heating Units: 4
•   
Heating Description Unit 1: Central Heat, Hot Water Baseboard, Gas, Individual, Unit Control
•   
Heating Zones: 4
•   
Heating Description Unit2: Central Heat, Hot Water Radiators, Gas, Individual, Unit Control
•   
Heating Description Unit3: Central Heat, Hot Water Radiators, Gas, Individual, Unit Control
Fireplace Info
•   
Fireplace 1: 2
•   
Fireplace 2: 1
•   
Fireplace 3: 2
•   
Fireplace 4: 1
•   
Total Fireplaces: 6, 6
Rooms Info
•   
Common Rooms: Laundry
•   
Total Levels: 3, 6, 6
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 2
•   
Total Levels Unit 3: 1, 1
•   
Total Levels Unit 4: 2
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 6
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 7
•   
Total Rooms: 21, 21, 21
Flooring
•   
Unit 4 Floor Level: 2
•   
Flooring: Tile, Varies Per Unit, Hardwood
Interior Features
•   
Energy Details: Storm Windows
Bedrooms Info
•   
Total Beds: 7
•   
Unit 4 Beds: 3
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 4, 4
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 4
Property Type
•   
Property Type: 4 Family
•   
Mls Prop Type: 4 Family
•   
Mls Property Type: Multi-family
Parking Info
•   
Garage Spaces: 3
•   
Parking Descriptions: Off-Street, Stone/Gravel, Paved Driveway
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, T-Station
Lot Info
•   
Zoning: URA
•   
Year Round
•   
Lot Description: Corner, Paved Drive, Shared Drive, Level
•   
Acres: 0.22
Exterior Features
•   
Building Exterior Details: Stucco, Porch, Deck - Wood, Screens
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Concrete Block
•   
Roof: Slate, Rubber
•   
Year Built Description: Actual
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Full, Walk Out, Interior Access
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2202288
•   
Oh Flag: 1
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
Terms
•   
Exclusions: Sale and commission subject to court approval. Property being sold in "as is" condition.
Listing Details
•   
Disclosures: Sale and commission subject to court approval. Property being sold in "as is" condition. Please review offer instructions attached to the listing.
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 879300.00
•   
Taxes: 11396.00
Listing Contacts
•   
Selling Agent: BB953912
School Neighborhood & Directions
Location
•   
Street Number: 700
•   
Map Book: 49209
•   
Map Page: 463
•   
Directions: Corner of Franklin Street and Vinton Street
•   
Road Type: Public, Paved, Publicly Maint., Sidewalk
Other
Other
•   
Main So: BB5817
Calculation
•   
Price Per Sqft: 183.70
•   
List Price Per Sqft: 179.44
•   
Sold Price Per Sqft: 183.70
•   
Cdom Property: 14
•   
Cdom Broker: 14
•   
Cdom: 14

Neighborhood snapshot

41
Properties for sale
14
Median days on market
$423.81
Median sold price/sqft
107.43%
Sold/List %
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Property History for 700 Franklin Street

01/29/2016
01/29/2016
Public Record
sold
Public Record
$906,000
+90599900.00%
01/19/2006
01/19/2006
Public Record
sold
Public Record
$1

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