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Duplex (2 Units, Any Combination)Residential
Last sold for $450,000 on Jul 16, 2003

47 PROSPECT ST # 49

MELROSE, MA 02176
3
Beds
3 / 1
Baths
3,316 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1890
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$450,000 · Jul 16, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,243 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$933,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$472,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$461,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$894,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Duplex (2 Units, Any Combination)
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyMiddlesex
Lot (acres)The size of the land the home sits on, from county records.0.34
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Steam
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lincoln Elementary SchoolA-
Elementary · Grades KG–5 · 0.5 mi
M
Melrose Veterans Memorial Middle SchoolB+
Middle · Grades 6–8 · 0.7 mi
H
Melrose High SchoolA-
High · Grades 9–12 · 0.8 mi

District: Melrose School District

Neighborhood · ZIP 02176These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.84
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.85

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.29,986
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,427 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$127,610
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$148,943
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

47 Prospect St # 49 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 93% of homes in Cedar Park
  • Has a bigger lot than 92% of homes in Melrose 02176
  • Older than 93% of homes in Middlesex County

How it measures up in Melrose 02176

The dot is this home. The mark in the middle is the typical home in Melrose 02176.

Living area3,316 ft²
SmallerTypical 1,879 ft²Bigger

Bigger than 93% of homes nearby

Lot size0.34 ac
SmallerTypical 0.16 acBigger

Bigger than 92% of homes nearby

Year built1890
OlderTypical 1926Newer

Newer than 11% of homes nearby

How 47 Prospect St # 49 ranks against every home in each area.
MeasureThis homeCedar ParkMelrose 02176Middlesex County
Living areabigger than3,316 ft²93% of homes93% of homes90% of homes
Lot sizebigger than0.34 ac91% of homes92% of homes52% of homes
Year builtnewer than189027% of homes11% of homes7% of homes

About 47 Prospect St # 49

When did 47 Prospect St # 49, Melrose, MA last sell?

47 Prospect St # 49, Melrose, MA last sold on Jul 16, 2003 for $450,000, according to the county's recorded deed.

How big is 47 Prospect St # 49, Melrose, MA?

47 Prospect St # 49, Melrose, MA has 3 bedrooms, 3 bathrooms, 3,316 square feet of living space and a 0.34-acre lot.

When was 47 Prospect St # 49, Melrose, MA built?

47 Prospect St # 49, Melrose, MA was built in 1890, making it 136 years old. It is a conventional home. The building has 2 stories.

What schools serve 47 Prospect St # 49, Melrose, MA?

47 Prospect St # 49, Melrose, MA is assigned to Lincoln Elementary School (elementary), rated A-; Melrose Veterans Memorial Middle School (middle), rated B+; Melrose High School (high), rated A-. All sit in Melrose School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 47 Prospect St # 49, Melrose, MA compare to other homes in Melrose 02176?

Among the 8,581 homes in Melrose 02176, it is bigger than 93% of them (3,316 ft² against a typical 1,879 ft²), its lot is bigger than 92% of them (0.34 ac against a typical 0.16 ac) and it is newer than 11% of them (1890 against a typical 1926). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 47 Prospect St # 49, Melrose, MA?

The 2025 property tax bill for 47 Prospect St # 49, Melrose, MA was $9,243. The county assessed it at $933,600.

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