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Single Family ResidenceResidential
$810,774$475 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $170,000 on Sep 25, 1987

48 CHIPMAN AVE

MELROSE, MA 02176
3
Beds
1.5
Baths
1,707 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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$811K
$782K low$840K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$170,000 · Sep 25, 1987

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,600 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$749,800 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$449,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$300,500
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$728,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$816,043

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyMIDDLESEX
Lot (acres)The size of the land the home sits on, from county records.0.12
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(3)

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
Roosevelt Elementary SchoolA
Elementary · Grades KG–5 · 0.4 mi
M
Melrose Veterans Memorial Middle SchoolB+
Middle · Grades 6–8 · 0.4 mi
H
Melrose High SchoolA-
High · Grades 9–12 · 0.4 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

48 Chipman Ave 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.

  • Has a smaller lot than 84% of homes in Melrose Highlands
  • Older than 85% of homes in Middlesex County

What homes are worth in Melrose 02176

Each bar is how many homes fall in that price range. The marker is this home.

This home
$330K$1.6M

This home is worth more than 36% of homes in Melrose 02176.

How it measures up in Melrose 02176

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

Estimated value$810,774
CheaperTypical $882,459Pricier

Pricier than 36% of homes nearby

Price per ft²$475
CheaperTypical $484Pricier

Pricier than 45% of homes nearby

Living area1,707 ft²
SmallerTypical 1,875 ft²Bigger

Bigger than 39% of homes nearby

Lot size0.12 ac
SmallerTypical 0.16 acBigger

Bigger than 21% of homes nearby

Year built1900
OlderTypical 1926Newer

Newer than 34% of homes nearby

How 48 Chipman Ave ranks against every home in each area.
MeasureThis homeMelrose HighlandsMelrose 02176Middlesex County
Estimated valuepricier than$810,77442% of homes36% of homes53% of homes
Price per ft²pricier than$47550% of homes45% of homes54% of homes
Living areabigger than1,707 ft²42% of homes39% of homes44% of homes
Lot sizebigger than0.12 ac16% of homes21% of homes16% of homes
Year builtnewer than190040% of homes34% of homes15% of homes

About 48 Chipman Ave

How much is 48 Chipman Ave, Melrose, MA worth?

The TopHap Estimate for 48 Chipman Ave, Melrose, MA is $810,774 as of Sep 24, 2026. The likely range is $781,788 to $839,760. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48 Chipman Ave, Melrose, MA last sell?

48 Chipman Ave, Melrose, MA last sold on Sep 25, 1987 for $170,000, according to the county's recorded deed.

How big is 48 Chipman Ave, Melrose, MA?

48 Chipman Ave, Melrose, MA has 3 bedrooms, 1.5 bathrooms, 1,707 square feet of living space and a 0.12-acre lot.

When was 48 Chipman Ave, Melrose, MA built?

48 Chipman Ave, Melrose, MA was built in 1900, making it 126 years old. It is a colonial home. The building has 2 stories.

What schools serve 48 Chipman Ave, Melrose, MA?

48 Chipman Ave, Melrose, MA is assigned to Roosevelt 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 48 Chipman Ave, Melrose, MA compare to other homes in Melrose 02176?

Among the 8,581 homes in Melrose 02176, it is worth more than 36% of them ($810,774 against a typical $882,459), its price per square foot is higher than 45% of them ($475 against a typical $484), it is bigger than 39% of them (1,707 ft² against a typical 1,875 ft²), its lot is bigger than 21% of them (0.12 ac against a typical 0.16 ac) and it is newer than 34% of them (1900 against a typical 1926). Measured against all of Middlesex County, it is worth more than 53% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 48 Chipman Ave, Melrose, MA?

The 2026 property tax bill for 48 Chipman Ave, Melrose, MA was $8,600. The county assessed it at $749,800.

More homes on Chipman Ave

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Assigned schools

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