Last Sold Price
4 beds1,008 sqft$347/sqft
55 Derby Rd, Melrose, MA 02176

Description

Newly Listed! This long time family owned classic Cape home is just waiting for the new owner to move in and make it their own! Customize the floor plan to meet your needs. One of the first floor bedrooms could easily be converted to a dining room, office or TV room. Some of the features include hardwood floors throughout, updated heating, improved walkways, bright and sunny rooms and a level yard with a deck for outside fun and summer barbecues! This home is invaluable to the commuter with easy...Newly Listed! This long time family owned classic Cape home is just waiting for the new owner to move in and make it their own! Customize the floor plan to meet your needs. One of the first floor bedrooms could easily be converted to a dining room, office or TV room. Some of the features include hardwood floors throughout, updated heating, improved walkways, bright and sunny rooms and a level yard with a deck for outside fun and summer barbecues! This home is invaluable to the commuter with easy access to the Oak Grove T-station and the Commuter Rail. You will enjoy close proximity to schools, the Pine Bank Park and trendy downtown Melrose. This is a great opportunity to get an affordable home in the Melrose community! Don't miss out!
LISTING CLOSED: 06/23/2014 12:00 AM

  1. Listed by Patricia Fitzgerald • Brad Hutchinson Real Estate

Property Details for 55 Derby Road

Status
MLS #
71674401
Days on Market
54
Taxes
$3,588 / year
HOA Fees
-
Property Type
MLS Type
Single Family / Detached
Year Built
1951
Town
Melrose
Area
MA-Melrose
Architectural Style
Cape
Style
Cape
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Recent comparable sales

Median sold price

$830,000

Avg days on market

19

Sale-to-list ratio

110.2%

Melrose, MA

9 comparable properties found

$679,000 | 32 Leonard Road, Melrose, MA 02176
1/26
1

$679,000

Sold 05/23/25

4
Bedrooms
1,175
Square Feet
0.07
Acres
$880,000 | 96 Converse Lane, Melrose, MA 02176
1/37
2

$880,000

Sold 08/10/26

4
Bedrooms
1,926
Square Feet
0.20
Acres
a front view of a house with a yard
1/34
3

$765,000

Sold 01/12/26

4
Bedrooms
1,344
Square Feet
0.14
Acres
$1,156,027 | 349 Washington Street, Melrose, MA 02176
1/43
4

$1,156,027

Sold 06/23/26

4
Bedrooms
2,026
Square Feet
0.18
Acres
a aerial view of a house with a yard porch and sitting area
1/43
5

$710,000

Sold 10/18/24

4
Bedrooms
1,670
Square Feet
0.26
Acres
$1,215,000 | 32 Sanford Street, Melrose, MA 02176
1/35
6

$1,215,000

Sold 08/12/26

4
Bedrooms
2,200
Square Feet
0.12
Acres
a front view of a house with garden
1/36
7

$600,000

Sold 07/17/26

4
Bedrooms
1,361
Square Feet
0.12
Acres
a front view of a house with a yard
1/42
8

$830,000

Sold 04/17/25

4
Bedrooms
1,903
Square Feet
0.49
Acres
$1,249,000 | 349 West Emerson Street, Melrose, MA 02176
1/33
9

$1,249,000

Sold 02/23/26

4
Bedrooms
2,026
Square Feet
0.24
Acres

Location

Listing Courtesy of Brad Hutchinson Real Estate, Patricia Fitzgerald

Sold By Oyama Investments, Ltd., Yuriko Tauro

Add your commute

Building Information for 55 Derby Road

Stories-Year Built1951Building Size-Lot Size0.14 AC / 6,027 SF

Payment Calculator

$2,078 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,779

Property Taxes

$299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 55 Derby Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 1008.0
  • Color: Yellow
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Apply
  • High School: Melrose High
  • Middle School: Melrose Middle
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Oil Water Heater, Tankless Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Basement Features: Full, Bulkhead, Sump Pump, Concrete Floor
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Hardwood
  • Laundry Features: In Basement, Washer Hookup
  • Primary Bath: Yes
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Screens, Deck
  • Lot Description: Corner Lot, Level
  • Patio And Porch Features: Porch - Enclosed, Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Central, Steam, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 156.0
  • Room Primary Bedroom Features: Closet,Flooring - Hardwood
  • Room Primary Bedroom Length: 13.0
  • Primary Bedroom Level: Second Floor
  • Room Primary Bedroom Width: 12.0
Bedroom 2
  • Bedroom2 Area: 143.0
  • Bedroom2 Features: Closet,Flooring - Hardwood
  • Bedroom2 Length: 13.0
  • Bedroom2 Level: Second
  • Bedroom2 Width: 11.0
Bedroom 3
  • Bedroom3 Area: 132.0
  • Bedroom3 Features: Closet,Flooring - Hardwood
  • Bedroom3 Length: 12.0
  • Bedroom3 Level: First
  • Bedroom3 Width: 11.0
Bedroom 4
  • Bedroom4 Area: 110.0
  • Bedroom4 Features: Closet,Flooring - Hardwood
  • Bedroom4 Length: 11.0
  • Bedroom4 Level: First
  • Bedroom4 Width: 10.0
Bathroom 1
  • Bathroom1 Features: Bathroom - Full,Bathroom - With Tub & Shower,Flooring - Stone/Ceramic Tile
  • Bathroom1 Level: First
Bathroom 2
  • Bathroom2 Features: Bathroom - Half
  • Bathroom2 Level: Second
Kitchen
  • Kitchen Area: 110.0
  • Kitchen Features: Dining Area
  • Kitchen Length: 11.0
  • Kitchen Level: First
  • Kitchen Width: 10.0
Living Room
  • Room Living Room Area: 144.0
  • Room Living Room Features: Flooring - Hardwood,Window(s) - Picture
  • Room Living Room Length: 12.0
  • Room Living Room Level: First
  • Room Living Room Width: 12.0
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Tax ID: 652624
  • Assessments: $270,200
  • Book: 959
  • Map: 0B3
  • Tax Year: 2014
  • Zoning: urb
Building / Association Information
Living Characteristics
  • Beds Total: 4
Other Building Characteristics
  • Foundation: Block
  • Foundation Area: 999.0
  • Cooling Zones: 0
  • Heat Zones: 1
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 55 Derby Road

DateEvent & SourcePriceAppreciation
Jun 24, 2014

Sold (Public Record)

Public Record #419090378

$350,000
Jun 23, 2014

Sold

MLS PIN #71674401

$350,000
May 8, 2014

Under Agreement

MLS PIN #71674401

DateEvent & SourcePrice
06/24/2014

Sold (Public Record)

Public Record #419090378

$350,000
06/23/2014

Sold

MLS PIN #71674401

$350,000
05/08/2014

Under Agreement

MLS PIN #71674401

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 55 Derby Road

Taxable ValueLand$402,100Additions$166,600Total$568,700
Tax Record2025$5,630 ($469 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtUnfinished Basement SqFt672 SqFtStories2Lot Size6,029 SqFtStyleSingle Family ResidenceYear Built1951ZoningURBCountyMIDDLESEXAPNMELR M:0B3 P:0000068

Schools near 55 Derby Road

This home is within Melrose School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Hoover Elementary School
PublicK to 5

Winthrop Elementary School
PublicK to 5

Roosevelt Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 55 Derby Road, Melrose, MA 02176
$350,000
4
1,008
6,027
$480,000
4
2,701
6,403
$385,000
4
1.5
1,508
$321,333
4
1,537
8,141
$1,523
3
2,039
12,101
$199,000
3
6,047

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brad Hutchinson Real Estate, Patricia Fitzgerald

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.