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181 Washington Street

181 Washington Street, Melrose, MA 02176
Sold Aug 07, 2015
$392,000
$313,600 by Prospect Mortgage Llc
Mortgage Due Aug 07, 2045
Sold Jul 25, 2001
$305,000
$244,000 by East Boston Svgs Bk
Mortgage
Local assessors in Melrose, MA have categorized 181 Washington Street as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 6,037 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 181 Washington Street has a total of 1,594 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. The property was last sold in Jan 1, 1970 for $392,000. That's $245.92 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $305,000. 181 Washington Street was last assessed in 2024. The total value of the property was assessed at $594,400. Specifically, the land the property is located on was valued at $396,000. While improvements on the property were assessed at a total of $198,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,902. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

Level Lot

Parking

Off Street Parking

Swimming Pool

Above Ground Pool
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,040
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,037
  • Total Building Area: 1,594
  • Gross Building Area: 2,616
  • Building Area: 1,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,594
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LI WEI
  • Current Owner 2: CHEN JIA
  • Previous Owner : YEM PONHA R
  • Previous Owner 2: YEM KIM T
  • Owner Before Previous Owner: AVIDESHI T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Melrose School District
  • School Tax School District: MELROSE SD
  • Census Tract: 336403

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0A3 P:0000003
  • Municipality: MELROSE
  • Latitude: 42.4457
  • Longitude: -71.0746

    Address

  • Full Address: 181 Washington St
  • Address - House Number: 181
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C034
  • 4-Digit Zip Code: 5112
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,902

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 745,437
  • High Value: 878,546
  • Low Value: 612,329

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $313,600
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 07, 2015
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $313,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 07, 2045

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $594,400
  • Assessed Land Value: $396,000
  • Assessed Improvements Value: $198,400

    Sales

  • Current Sale Recording Date: Aug 07, 2015
  • Current Sale Transaction ID: 1258208407
  • Current Sale Price: $392,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 1707187
  • Previous Sale Recording Date: Jul 25, 2001
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Land Court (Massachusetts)

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 07, 2015
  • First Mortgage Loan Amount: $313,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 07, 2045

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: EAST BOSTON SVGS BK
  • Previous Mortgage Transaction Date: Jul 25, 2001
  • Previous Mortgage Loan Amount: $244,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Oak Grove - Pine Banks



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 181 Washington Street located in?
The 181 Washington Street is a located in the neighborhood of Oak Grove - Pine Banks in Oak Grove - Pine Banks, Melrose.
What is the average sales price for listings in 181 Washington Street?
The average sales price for units in 181 Washington Street is $0 currently.

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