See Home Value
$1,050,000
House - Off Market

2 Fairfield Ave

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
3 Baths
$1,068,625
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

This is what you've been waiting for. New (almost) Construction, built in 2019 and lived in by the developer.  Spacious 8 room, 4 bedroom, 3 bath, home situated at the end of a street. Great yard, stone walls, and the possibility for a future 2 car detached garage. Great 'mudroom' area when you come in the back door with a large closet. Quality built with an open concept kitchen-dining, gathering area with 9' ceilings on the first floor. Bright, modern, kitchen with lots of upgraded cabinetry and SS appliances. There are four bedrooms upstairs with a Main bedroom suite that includes a walk-in closet, double vanity and a separate room for the tiled walk-in shower and WC. Laundry room on the second floor with storage cabinets and sink.  Additional living area is available in the basement for future expansion.  All appliances are ENERGY STAR rated including the Bryant furnace and Navien tankless hot water system. The attic is insulated with spray foam to ensure energy efficiency.
Unit Size
-
Days on Market
41 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$847
HOA Dues
-
Year Built
2019
Last updated: 2 years ago (MLSPIN #73081432)

Price History

Date / Event Date Event Price
Apr 5, 2023 Sold to Robert Cerulli, Shaylagh Ce... $1,050,000
Sold to Robert Cerulli, Shaylagh Ce...
Mar 14, 2023 In contract -
In contract
Feb 23, 2023 Listed by Brad Hutchinson Real Estate $1,050,000
Listed by Brad Hutchinson Real Estate
Jan 26, 2018 Sold to Realty Llc Ingemi $600,000
Sold to Realty Llc Ingemi
Aug 23, 2017 Listed by Brad Hutchinson Real Estate $324,900
Listed by Brad Hutchinson Real Estate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,271
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,908
  • Total Building Area: 2,542
  • Gross Building Area: 4,072
  • Building Area: 2,542
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,542
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK TERRACE
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CERULLI ROBERT
  • Current Owner 2: CERULLI SHAYLAGH
  • Previous Owner : FAIRFIELD LEBANON DEV LLC
  • Owner Before Previous Owner: INGEMI REALTY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Melrose School District
  • School Tax School District: MELROSE SD
  • Census Tract: 336300

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0E4 P:0000011
  • Municipality: MELROSE
  • Latitude: 42.4482
  • Longitude: -71.0579

    Address

  • Full Address: 2 Fairfield Ave
  • Address - House Number: 2
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C018
  • 4-Digit Zip Code: 5506
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,363

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,122,677
  • High Value: 1,321,656
  • Low Value: 923,698

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $840,000
  • First Open Lien Mortgage Lender: WAKEFIELD COOPERATIVE BANK
  • First Open Lien Mortgage Recording Date: Apr 05, 2023
  • First Open Lien Mortgage Loan Amount: $840,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,043,600
  • Assessed Land Value: $436,700
  • Assessed Improvements Value: $606,900

    Sales

  • Current Sale Contract Date: Apr 05, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Transaction ID: 11905066808
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 33916
  • Previous Sale Recording Date: Mar 30, 2018
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WAKEFIELD COOPERATIVE BANK
  • First Mortgage Transaction Date: Apr 05, 2023
  • First Mortgage Loan Amount: $840,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$870,000 Apr 4, 2022
$870,000 May 27, 2022
$660/mo
House
3 Beds
3 Baths
-
$1,125,000 Mar 25, 2021
$1,125,000 May 28, 2021
$715/mo
House
3 Beds
3 Baths
-
$1,125,000 Sep 22, 2021
$1,125,000 Nov 12, 2021
$715/mo
Multifamily
5 Beds
3 Baths
-
$1,053,000 May 13, 2021
$1,053,000 Jul 15, 2021
$706/mo
Multifamily
6 Beds
3 Baths
-
$899,900 May 14, 2022
- Aug 2, 2022
$742/mo
In Contract
House
4 Beds
3 Baths
-
$1,150,000 Mar 31, 2023
-
$672/mo
Condo
3 Beds
4 Baths
-
$1,165,000 Mar 26, 2023
-
$523/mo
Condo
3 Beds
4 Baths
-
$1,125,000 Jan 5, 2023
-
$523/mo
Condo
3 Beds
4 Baths
-
$1,140,000 Mar 7, 2023
-
$523/mo
Multifamily
6 Beds
3 Baths
-
$899,999 Mar 1, 2023
-
$624/mo
Commercial
Loft
6 Baths
-
$890,000 Sep 11, 2022
-
$1,024/mo

About Melrose East Side


Similar Homes for Sale

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Nearby Rentals

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Unit for rent at 98 Green Street, Melrose, MA, 02176

$4,000 /mo

  • 5 Beds
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98 Green Street #1, Melrose, MA, 02176 Listing by Sarah Strangie


Frequently Asked Questions

When was property at 2 Fairfield Avenue built and last sold?
The property at 2 Fairfield Avenue was built in 2019 and last sold on Apr 5, 2023 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 2 Fairfield Avenue is $1,060,500.
What are some comparable homes to 2 Fairfield Avenue?
Homes that are comparable to 2 Fairfield Avenue include a multifamily property at 276 Lebanon Street, a house property at 24 Park Street, 44 Park Street.

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