492 Lebanon Street

Melrose, MA 02176

$620,000
Last Sold Price
5
Beds
3
Baths
2,399 Sq. Ft.
$258 / Sq. Ft.
2,399
Sq. Ft.
$258
per Sq. Ft.

Description

Back on the market due to buyer financing. Lovely corner lot 2 family in a great location of Melrose w/ ample off street parking and 2 car garage. Location is perfect for commuters. Only minutes to downtown Melrose to catch the bus to the orange line, commuter rail and to the Fellsway. The owner's unit is bi-level w/ updated kitchen and granite counters. Great size 3 bedrooms w/ walk in closets, living room w/ surround sound speakers on wall and nice office area (or 4th bedroom). There are 2 full...Back on the market due to buyer financing. Lovely corner lot 2 family in a great location of Melrose w/ ample off street parking and 2 car garage. Location is perfect for commuters. Only minutes to downtown Melrose to catch the bus to the orange line, commuter rail and to the Fellsway. The owner's unit is bi-level w/ updated kitchen and granite counters. Great size 3 bedrooms w/ walk in closets, living room w/ surround sound speakers on wall and nice office area (or 4th bedroom). There are 2 full bathrooms, central air, two zone heating, security system and washer/dryer in unit. Unit 1 is a great rental apartment with a nice layout and high ceilings. Large updated kitchen with granite countertops and hardwood floors, as well as a beautiful computer area to work while cooking. 2 bedrooms and good size living room w/ surround sound speakers on wall. Nice size bathroom w/ washer & dryer. Unit 1 has new central air system, new hot water boiler and a security system.
  1. Listed by Eugene Clark • C&M Signature Property Group

Property Details for 492 Lebanon Street

Town
Melrose
Area
MA-Melrose
Garage Spaces
2
Parking Spaces
3.00
Parking Spaces Total
5

Location

Add your commute
LISTING UPDATED: 08/06/2022 06:37 AM

Property Details for 492 Lebanon Street

StatusSold
MLS #72120207
Days on Market6
Taxes$4,688 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountyMiddlesex County

Location

Add your commute

Building Information for 492 Lebanon Street

Stories3Residences2Year Built1900Building Size-Lot Size0.15 AC / 6,529 SF

Payment Calculator

$3,774 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,384

Property Taxes

$391

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 492 Lebanon Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 2399.0
  • Color: Brown
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Walk Out
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Laminate
Exterior Features
  • Lot Description: Corner Lot
  • Roof Material: Shingle, Rubber
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Both washer & dryer in unit 1 & unit 2 stay as a gift to buyer! Hardwire combo smokes/carbon throughout the house
Tax Information
  • Tax ID: 655037
  • Assessments: $380,200
  • Book: 40452
  • Tax Year: 2016
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • GOI: $14,400.00
  • NOI: $14,400.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $1,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 492 Lebanon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 492 Lebanon Street

Taxable ValueLand$338,400Additions$421,100Total$759,500
Tax Record2024$7,542 ($628 / month)
Home Facts
Baths2Total Finished SqFt2,399 SqFtAbove Grade Finished SqFt2,399 SqFtUnfinished Basement SqFt1,075 SqFtStories2Lot Size6,530 SqFtStyleDuplexYear Built1900ZoningURBCountyMIDDLESEXAPNMELR M:0D8 P:0000121Fireplace TypeHas Fireplace

Schools near 492 Lebanon Street

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
Lincoln Elementary School
PublicK to 5

Hoover Elementary School
PublicK to 5

Roosevelt Elementary School
PublicK to 5

Winthrop 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C&M Signature Property Group, Eugene Clark

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.