See Home Value
$245,000
● Land - Off Market

1 Mill Rd

Melrose, MA 02176
bedrooms
Studio
bathrooms
0 Bath
$2,075
Est. Monthly
4.19%
Cap Rate

About This Property

Full survey and wetland delineation available! Live your dream and imagine the potential! 1 Mill Rd is a 3 1/2 acre parcel that is looking for its next owner to give it new life. Located in a private area that feels more like New Hampshire than Melrose this property could be the cornerstone of a single grand estate or do your own due diligence on alternate uses.
Unit Size
-
Days on Market
-
Land Size
3.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$602
HOA Dues
-
Year Built
1920

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Last updated: 4 months ago (MLSPIN #73388174)

Price History

Date / Event Date Event Price
Jun 18, 2026 Sold
Sold
Apr 15, 2026 In contract -
In contract
Feb 11, 2026 Price Decreased $299,900
↓ $50K (14.3%)
Price Decreased
Dec 19, 2025 Price Decreased $349,899
↓ $1 (0%)
Price Decreased
Aug 6, 2025 Price Decreased $349,900
↓ $50K (12.5%)
Price Decreased
Show More

Property Highlights


Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 153,065
  • Total Building Area: 2,234
  • Gross Building Area: 3,711
  • Building Area: 2,234
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,234
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003514
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Melrose School District
  • School Tax School District: MELROSE SD
  • Census Tract: 336202

Zoning

  • Zoning: SRA

Geography

  • Parcel: MELR M:0G6 P:0000068
  • Municipality: MELROSE
  • Latitude: 42.4511
  • Longitude: -71.0431

    Address

  • Full Address: 1 Mill Rd
  • Address - House Number: 1
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C015
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $689,600
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 86
  • Final Value: 836,727
  • High Value: 940,262
  • Low Value: 733,193

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $694,500
  • Assessed Land Value: $472,400
  • Assessed Improvements Value: $222,100
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mount Hood


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Frequently Asked Questions

When was property at 1 Mill Road built and last sold?
The property at 1 Mill Road was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Mill Road is $0.
What are some comparable homes to 1 Mill Road?
There are currently no comparable homes to 1 Mill Road.