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25 Ledge St, Melrose, MA, 02176

3beds
2baths
1,341sqft
$719,900
$537price/sqft
$4,743/moest. monthly cost
$189,720/yrincome needed

About This Home

Set in the Horace Mann neighborhood, this beautiful home features 3 bedrooms and 2 baths with a gracious layout and timeless character. The first floor offers hardwood floors, recessed lighting in the dining and living areas, convenient first-floor laundry, a flexible bonus room, and a partially finished basement with first-floor access to a hideaway game room, plus new central air and a new heating furnace. The outdoor space is ideal for entertaining, with an above-ground pool, landscaped sitting area, firepit patio, and a spacious deck with ample seating. Upstairs, you’ll find great ceiling height, natural woodwork, hardwood floors, and a primary suite with Juliet balcony overlooking the yard. Enjoy convenient access to commuter rail service, the Middlesex Fells Reservation, Pine Banks Park, and downtown Melrose

Getting Around

45
WalkingCar-Dependent
27
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

10/10
6/10
Melrose Middle SchoolGrades 6-81.1 mi
10/10
Melrose High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1923

Materials

  • Foundation: Block,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Water Heater,Range,Dishwasher,Refrigerator,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Interior Entry,Bulkhead,Sump Pump

Bathroom1

  • Features: Bathroom - With Shower Stall
  • Level: First
  • Area: 33.32

Bathroom2

  • Features: Bathroom - Full
  • Level: Second
  • Area: 154.88

Bedroom2

  • Features: Closet, Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 122.310999999

Bedroom3

  • Features: Closet, Flooring - Wall to Wall Carpet
  • Level: Second
  • Area: 123.521999999

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Flooring - Hardwood, Recessed Lighting, Lighting - Pendant
  • Level: First
  • Area: 167.279999999

Features

  • Lighting - Overhead,Bonus Room,Game Room
  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Flooring: Tile,Carpet,Hardwood,Flooring - Vinyl
  • Finished area below ground: 130
  • Finished area above ground: 1,211

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,341
  • Total interior livable area: 1,341 sqft

Kitchen

  • Features: Flooring - Vinyl, Countertops - Upgraded
  • Level: First
  • Area: 130.13

Living Room

  • Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Level: First
  • Area: 192.15

Master Bedroom

  • Features: Vaulted Ceiling(s), Closet, Flooring - Hardwood, Balcony - Exterior
  • Level: Second
  • Area: 154.88

Property

Details

  • Parcel number: 660639
  • Zoning: URA

Features

  • Private pool: Yes
  • Pool features: Above Ground
  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Patio,Pool - Above Ground,Fenced Yard
  • Fencing: Fenced

Lot

  • Lot size: 4,660 sqft
  • Features: Wooded

Parking

  • Total spaces: 2
  • Parking features: Paved Drive,Off Street,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,640$43,680
Home Insurance *$166$1,992
Property Taxes $583$6,996
Electricity $354$4,259
Total$4,743$56,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,617/yr
40% on housing$142,290/yr
45% on housing$126,480/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$537This listing

vs Other Active Listings

Avg $/sqft

ZIP 02176$371
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02176$461
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$719,900
2007-08-13Sold$345,000

For Sale by Agent

AgentRocky MacDonald
BrokerageElite Realty Experts, LLC

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