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1 Colby Terrace Melrose, MA 02176

$487,900
LOW
$574,000 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$660,200
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$574,000Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
2
Fireplaces
1
Payment Estimate
--
Baths Full
2
Parking
Garage
Rent Estimate
$2,620Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Tax Estimate
$5,611Estimated property taxes paid on an annual basis.
Sq Ft
2,097
Last Sale Date
--
Lot Size
--
Last Sale Price
--
Construction
Frame
Style
Colonial
Year Built
1925

1 Colby Terrace is located in the Cedar Park area of Melrose, MA. At this time, the property has an estimated value of $574,000 and yearly taxes of $5,611. This home has 2 bedrooms, 2½ bathrooms, and approximately 2,097 sqft of living space. The property was built in 1925. Similar homes nearby have 2 bedrooms, 2 baths and sell for around $550,000.

Melrose Market Trends

Check out Melrose homes for sale, read the Melrose real estate news or review the Melrose real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
86
Healthy

19

$699,000

37

0.4

Median Sales Price
$505,000
-18.2%
Sales (30 Days)
49
+53.1%

Melrose Public Schools

A child living at 1 Colby Terrace, Melrose, MA would typically attend one of the following public schools: Herbert Clark Hoover, Horace Mann, Lincoln, Roosevelt, Winthrop, Melrose Middle School, or Melrose High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Cedar Park REAL ESTATE NEWS

The number of home sales in the Melrose market climbed 14.0% to 49 homes over the last 30 days. To put it in perspective, close-by Lynn registered 98 homes sold in the same time frame, the most of all... Read More »

While home sales in the Melrose market have been above average, in this week's report they slid 4.4% to 43 homes sold over the last 30 days. On the other hand, close-by Lynn registered 97 homes sold i... Read More »

On top of a 44.8% jump in sales over the last 30 days, the Melrose market extended a three-week hot streak with a total of 42 homes sold in that span. At the same time that sales trended higher, month... Read More »

1 Colby Terrace Map

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1 Colby Ter, Melrose, MA 02176US
1 Colby Ter is located in the Cedar Park area of Melrose, MA. At this time, the property has an estimated value of $574,000 and yearly taxes of $5,611. This home has 2 bedrooms, 2½ bathrooms, and approximately 2,097 sqft of living space. The property was built in 1925. Similar homes nearby have 2 bedrooms, 2 baths and sell for around $550,000. Tony Gimenez, Joseph Cirrone, and Michael Zhang are Homesnap Local Experts in and around Cedar Park.
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