453 Franklin St, Unit 463 Melrose, MA 02176-1855
Property profile & analytics
453 Franklin St, Unit 463, Melrose, MA 02176-1855
- Grocery and convenience stores
- 4,580 SF
- 0.11 lot acres
Property ID
US38-0878426
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 453 Franklin St
- Year built
- 1967
- Construction
- FRAME
- Lot size
- 0.11 lot acres
- Zone code
- BA2
- Property type
- Grocery and convenience stores
- APN
- MELR M:C12 P:0000016
- APU
- MELRMC12P0000016
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 10, 2026 | — | Franklin Street Dev LLC | — | Deed · related | $7.5M · Rockland Trust Company |
| Jul 8, 2021 | — | Franklin St Dev LLC | Robert Johnson | Quit Claim Deed · related | $5.9M · Stoneham Cooperative Bank |
| Jun 14, 2021 | $1,500,000 | Robert Johnson | Mel Real Estate LLC | Quit Claim Arm's Length For Ne States | — |
| Dec 23, 2016 | $220,000 | Mel Real Estate LLC | Garniss Lyman T | Personal Representative Deed | — |
| Jan 11, 2011 | $1 | Lyman T Garniss | Garniss Barbara A Est | Grant Deed | — |
| Jan 5, 1989 | — | Lyman T Garniss | — | Deed Of Trust · related | $155k · Metropolitan Bk & Tr |
| Nov 18, 1987 | — | Lyman T Garniss | — | Deed Of Trust · related | $85k · Metropolitan Bk & Tr |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,420,000
- ML approach
- $1,520,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,095,000
- 6.5%
- $1,015,000
- 7%
- $940,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,235,000 Current use
- AUTO REPAIR, GARAGE
- $1,290,000 Change: +4% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,270,000 Change: +3% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,185,000 Change: -4% Conversion: Easy
- OFFICE BUILDING
- $1,000,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Melrose
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.068
- Latitude
- 42.4689
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,426
$256,100
$219,700
$475,800
-
$0.00
$0.00
$0.00
