PENDING

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$1,199,000

Listing Price

6beds

4.5baths

4,006sqft

17,102sqft lot

721 Franklin St, Melrose, MA 02176

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Pending

Off Market

Single Family

Home type

299.3

Price / sqft

1920

Year built

Home Details

We are delighted to offer a unique opportunity in the Melrose Highlands. One of Melrose's finest grand turn of the century homes is now available for the home owner to lovingly restore or the house flipper to flip or a developer to search possibilities. It needs extensive work outside but it is in reasonably good condition inside with most of the original fine features still intact. We have a 4000 square foot single family 8 bedroom home plus a 20 x 20 carriage house with a cement floor that can be used as a two car garage that has a second floor with separate entrance that has possibilities to be an ADU. This home was built as a single but functioned as a two family at one time but now is back to a single.

Interior Details

Square Feet
  • 4006

Bedrooms
  • 6

Bathrooms
  • 4.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Steam

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 17102

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 3

Style
  • Victorian

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$9,428

$321,600

$531,600

--%

$853,200

2019

$8,778

$297,300

$514,700

--%

$812,000

2018

$8,703

$270,300

$497,800

--%

$768,100

2017

$8,393

$257,500

$453,800

--%

$711,300

2016

$8,065

$251,100

$403,000

--%

$654,100

2014

$7,381

$193,400

$362,400

--%

$555,800

2013

$7,242

$193,400

$362,400

--%

$555,800

percent-home-icon

Average Home Price in 02176

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,499,900

4 Beds

2.5 Baths

4,194 Sqft

10,097 Lot (sqft)

Sold 10/13/2026

$1,339,434

4 Beds

2.5 Baths

3,932 Sqft

13,051 Lot (sqft)

Sold 10/13/2026

$1,399,000

6 Beds

4 Baths

4,036 Sqft

9,413 Lot (sqft)

Sold 10/12/2026

$1,676,791

5 Beds

4.5 Baths

3,655 Sqft

9,766 Lot (sqft)

Sold 10/13/2026

$1,859,488

4 Beds

2.5 Baths

3,795 Sqft

8,573 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,199,000
$
Down payment
239,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
7,194
$
HOA (Monthly)
0
$
PMI
0
$
$7,761
Your Payment
Total Monthly Payment:$7,761
Percent of Income:133%
Affordable:No

Details for 721 FRANKLIN ST

Property Debt

Foreclosure Contact Details

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