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$825,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,510 Sq. Ft.
  • 0.09 Acres
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Located in the desirable Melrose Highlands, this thoughtfully updated, 4-bedroom, 2-bath home offers the perfect blend of charm, functionality, and walkable convenience. The sun-filled eat-in kitchen, featuring a large island, gas cooktop, and abundant storage, is ideal for the serious home chef. The sliding door off the dining room opens to a composite deck, perennial gardens, and fenced backyard that is perfect for outdoor dining and play. A stunning new bath showcases a custom vanity, linen tower, and Carrera marble tiled shower with glass enclosure. Three generous bedrooms with ample closets finish the second floor. The walk-up third floor is a flexible space for a fourth bedroom, home office, gym, or a future master suite. Front and back porches, side-by-side parking, ample attic and basement storage, top-rated schools, nearby playgrounds, cafés, yoga, restaurants, and a 7-minute walk to the commuter rail complete this exceptional home.

Full Property Details for 3 Franklin Terrace

General

  • Price: $825,000
  • Taxes: $8,912 (2026)
  • Status: Pending
  • Type: Single Family
  • Source: MLSPin
  • MLS ID: 73524010
  • Updated: 6/24/2026
  • Added to Site: 54 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Foyer, Walk-Up Attic, High Speed Internet
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Flooring: Tile, Marble, Hardwood, Flooring - Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2
  • Bathroom 1: Bathroom with Tub and Shower, Stone/Ceramic Tile Flooring, 5.00 x 8.00, First, 40 Sq. Ft.
  • Bathroom 2: 3/4 Bathroom, Tiled Bathroom with Shower Stall, Cust, 8.00 x 6.00, Second, 48 Sq. Ft.

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 13.00 x 12.00, Second, 156 Sq. Ft.
  • Bedroom 2: Closet, Hardwood Flooring, Lighting - Overhead, 12.00 x 14.00, Second, 168 Sq. Ft.
  • Bedroom 3: Closet, Hardwood Flooring, Lighting - Overhead, 11.00 x 12.00, Second, 132 Sq. Ft.
  • Bedroom 4: Closet, Wall-to-Wall Carpet, Attic Access, Cable Hookup, High-Speed Internet Hookup, Lighting - Pendant, L, 19.00 x 12.00, Third, 228 Sq. Ft.

Other Rooms

  • Living Room: Hardwood Flooring, Cable Hookup, 12.50 x 13.00, Main, First, 162 Sq. Ft.
  • Kitchen: Beamed Ceilings, Closet, Custom-Built Closet/Cabinets, Hardwood Flooring, Stone/Granite/Solid Countertops, Kitchen Island, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead, Beadboard, 12.00 x 15.00, Main, First, 180 Sq. Ft.
  • Dining Room: Hardwood Flooring, Exterior Deck, Exterior Access, Slider, Lighting - Pendant, Crown Molding, 13.00 x 13.00, Main, First, 169 Sq. Ft.
  • Laundry: In Basement, Electric Dryer Hookup

Additional Information

  • Year Round: Yes

Exterior

  • Exterior Features: Porch, Deck, Deck - Roof, Deck - Composite, Rain Gutters, Fenced Yard, Garden, Stone Wall
  • Color: white

Parking

  • Total Spaces: 2
  • Parking Features: Paved Drive, Off Street, Paved

Location

  • Area: Melrose Highlands
  • County: Middlesex
  • Driving Directions: Off Franklin Street between Warren and Walton Park.

School Information

  • Elementary School: Roosevelt Elementary School
  • Middle School: Melrose Veterans Memorial Midd
  • High School: Melrose High School

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Central, Forced Air, Oil, Electric
  • Heating Fuel: Central, Forced Air, Oil, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Connection for Gas Range, Connection for Gas Oven, Connection for Electric Dryer

Structural Information

  • Architectural Style: Victorian
  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Full, Interior Entry, Unfinished
  • Roof: Asphalt/Composition Shingles
  • Square Feet: 1,510
  • Sq. Ft. Source: Public Records
  • Year Built: 1893

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: .09
  • Frontage: Private Road, Dead End
  • Street/Road Desc.: Paved
  • Fence: Yes
  • Fencing (Description): Fenced/Enclosed, Fenced

Financial Considerations

  • Price Per Sq. Ft.: $546.36
  • Tax Amount: $8,912.19
  • Tax Year: 2026
  • Terms: Contract

Disclosures and Reports

  • Disclosures/Rstr.: LA has an ownership interest in the house. Range hood light is broken. Fireplace never used. Furnace is fully operable but at end of useful life and being sold as-is. Back gate to be removed by seller terminating access to adjacent property. Exterior lighting in twilight photos is digitally enhanced
  • Property ID: 658064
Buyer's Brokerage Compensation: Contact Listing Agent
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— 3 Franklin Terrace —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 3 Franklin Terrace

School District:Melrose School District
NameGradesDistance
Roosevelt Elementary School
253 Vinton Street, Melrose, MA 02176
K-50.3 mi
Early Childhood Center, Melrose, MA
16 Franklin Street, Melrose, MA 02176
PK-0.7 mi
Horace Mann Elementary School, Melrose, MA
40 Damon Avenue, Melrose, MA 02176
K-50.9 mi
Melrose Middle School
350 Lynn Fells Parkway, Melrose, MA 02176
6-80.5 mi
Melrose High School
360 Lynn Fells Parkway, Melrose, MA 02176
9-120.5 mi
Lincoln Elementary School, Melrose, MA
80 West Wyoming Avenue, Melrose, MA 02176
K-51.2 mi
Winthrop Elementary School
162 1st Street, Melrose, MA 02176
K-51.4 mi
Hoover Elementary School
37 Glendower Road, Melrose, MA 02176
K-51.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3 Franklin Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2026
Listed
$825,000
103.7%
MLS
4/09/2013
Sold
$405,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3 Franklin Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$73
-99%
$740,600
5%
2024
$7,002
—
$705,100
5%
2023
$7,015
—
$673,200
1%
2022
$7,013
4%
$663,500
7%
2021
$6,767
6%
$618,000
7%
2020
$6,387
11%
$578,000
8%
2019
$5,764
1%
$533,200
6%
2018
$5,724
3%
$505,200
7%
2017
$5,557
3%
$470,900
7%
2016
$5,404
5%
$438,300
10%
2015
$5,163
5%
$398,400
7%
2014
$4,936
3%
$371,700
1%
2013
$4,796
—
$368,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3 Franklin Terrace, Melrose, MA 02176 (MLS# 73524010) is a Single Family property with 4 bedrooms and 2 full bathrooms. 3 Franklin Terrace is currently listed for $825,000 and was received on June 03, 2026. This property is listed by Lisa Ballew from our Andovers-Readings Regional Office.Want to learn more about 3 Franklin Terrace? Do you have questions about finding other Single Family real estate for sale in Melrose? You can browse all Melrose real estate or contact a Coldwell Banker agent to request more information.

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