Off Market Mar 2011 for $548K

$1,265,824

Est. refi paymentEst. refi $2,884/mo

•

2,948

sq ft

120 Penny Rd, Melrose, MA 02176

About this home

SOLID MAINE POST AND BEAM that has been extensively updated. BRAND NEW GRANITE KITCHEN'10, 50 YEAR ARCHITECTURAL ROOF'08, NEW HAND NAILED CLAPBOARDS ON FACE'09, MAGNIFICENT two story LIVINGROOM with ECONOMICAL WOOD PELLET STOVE, SKYLIGHTS, SOARING CEILINGS. A 2010 CARRIAGE HOUSE STYLE GARAGE ADDITION has 400 SF HOME OFFICE/MEDIA SPACE above. HARDWOODS THRU OUT. 2nd LEVEL LAUNDRY, a GIANT DECK abutting conservation. All IN A WONDERFUL NEIGHBORHOOD OF NEW HOMES. This home is a WOW at every turn!

Single-familyProperty Type

1986Year Built

0.28 acresLot Size

$429Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Paige Mitchell • Corcoran Brokerage

Bought with Joan Barker • Coldwell Banker Residential Brokerage - Stoneham

Redfin checked: 2 minutes ago

•Source:MLS PIN #71129346

Redfin Estimate

$1,265,824

$717K since sold in March 2011$23K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 36.5% higher than the average sale price ($927K) of 6 comparable homes.

SOLD AUG 7, 2026
$950,000
A
3 beds1.5 baths1,899 sq ft
122 Altamont Ave, Melrose, MA 02176
SOLD JUL 15, 2026
$910,000
B
3 beds1.5 baths1,940 sq ft
19 Lebanon, Melrose, MA 02176
SOLD AUG 7, 2026
$1,190,000
C
4 beds3 baths2,399 sq ft
25 Dexter Rd, Melrose, MA 02176
SOLD MAR 24, 2026
$1,052,500
D
3 beds2 baths2,012 sq ft
187 Laurel St, Melrose, MA 02176
SOLD AUG 24, 2026
$604,750
E
3 beds1.5 baths1,456 sq ft
118 Elwell, Malden, MA 02148
SOLD AUG 4, 2026
$855,000
F
3 beds2 baths1,872 sq ft
14 Rockwood St, Melrose, MA 02176

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Earn from this home

Sell

$928,090

Est. take-home

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Refinance

Est. cash available

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Rent

$3,347/mo

Redfin rental estimate

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Market trends in 02176, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

106.9%

0.3% MoM

Median sale price

$960K

$20K MoM

Avg. days on market

17d

2 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 6 MINS AGO
$1,199,000
7 beds3 baths3,530 sq ft
22 E Emerson St, Melrose, MA 02176
OPEN SAT, 12PM TO 1:30PM
$699,000
5 beds2 baths1,440 sq ft
36 Fairmount, Melrose, MA 02176
OPEN SUN, 1PM TO 3PM
$1,150,000
7 beds3 baths3,072 sq ft
17 Linden Rd, Melrose, MA 02176
OPEN SAT, 12PM TO 2PM
$535,000
2 beds1.5 baths1,424 sq ft
122 W Wyoming Ave Unit C, Melrose, MA 02176
OPEN TODAY, 11:30AM TO 1PM
$795,000
3 beds2 baths1,573 sq ft
19 Elliott St, Melrose, MA 02176
OPEN TODAY, 10:30AM TO 12PM
$1,200,000
4 beds1.5 baths2,231 sq ft
41 Hillcrest Ave, Melrose, MA 02176
OPEN TODAY, 1PM TO 2:30PM
$1,700,000
4 beds2.5 baths3,000 sq ft
2 Hemenway Ave, Melrose, MA 02176
OPEN TODAY, 10:30AM TO 11:30AM
$1,299,000
4 beds1.5 baths2,630 sq ft
6 Geneva Rd, Melrose, MA 02176
$1,249,000
3 beds3.5 baths2,791 sq ft
14 Blueberry Hill Ln #14, Melrose, MA 02176
OPEN SAT, 10:30AM TO 12PM
$1,100,000
3 beds2.5 baths2,113 sq ft
4 Groveland Rd, Melrose, MA 02176
See all

Provided by Redfin

Sale history for 120 Penny Rd

Date

Event

Price

MLS PIN #71129346

Mar 7, 2011

Sold

$548,800

$186/sq ft

Jan 15, 2011

Contingent

—

Dec 22, 2010

Price Changed

$548,800

$186/sq ft

Oct 19, 2010

Price Changed

$558,900

$190/sq ft

Oct 9, 2010

Price Changed

$574,500

$195/sq ft

Sep 25, 2010

Price Changed

$579,800

$197/sq ft

Sep 25, 2010

Relisted

—

Sep 3, 2010

Contingent

—

Aug 28, 2010

Listed

$574,800

$195/sq ft

Public Records

Jun 28, 2006

Sold

$455,000

$154/sq ft

MLS PIN #70316123

Jun 28, 2006

Sold

$450,000

$153/sq ft

Jan 17, 2006

Listed

$469,900

$159/sq ft

One of a kind post and beam Saltbox Colonial! Open concept home featuring newly refinished hardwood floors, new carpeting in bedrooms, ceiling fans throughout. New windows with transferable lifetime warranty. Generous kitchen with breakfast island, first floor family room with cathedral ceiling and woodburning stove. Huge deck off rear overlooking large, flat backyard abutting conservation land. Second floor has three good sized bedrooms, plenty of closet space. This home shows beautifully!

Public Records

Sep 28, 1994

Sold

$235,000

$80/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,165 (+2.6%)

$452,700 + $574,100

$1,026,800

2024

$9,906 (+3.5%)

$423,500 + $574,100

$997,600

2023

$9,570 (+2.3%)

$394,300 + $524,100

$918,400

2022

$9,356 (+0.8%)

$379,700 + $505,400

$885,100

2021

$9,285 (+2.6%)

$365,100 + $482,800

$847,900

2020

$9,048 (+9.3%)

$335,900 + $482,900

$818,800

2019

$8,280 (+2.9%)

$321,300 + $444,700

$766,000

2018

$8,044 (+3.9%)

$266,500 + $443,500

$710,000

2017

$7,744 (+4.2%)

$255,500 + $400,800

$656,300

2016

$7,430 (+5.1%)

$226,300 + $376,300

$602,600

2015

$7,067 (+1.0%)

$226,300 + $319,000

$545,300

2014

$7,000 (+1.6%)

$208,100 + $319,000

$527,100

2013

$6,889 (+2.1%)

$208,100 + $320,600

$528,700

2012

$6,746 (+2.4%)

$208,100 + $320,600

$528,700

2011

$6,588 (+26.0%)

$208,100 + $320,600

$528,700

2010

$5,230 (+4.5%)

$208,100 + $225,200

$433,300

2009

$5,005

$215,400 + $225,200

$440,600

Tax history for 120 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,165 (+2.6%)

$452,700 + $574,100

$1,026,800

2024

$9,906 (+3.5%)

$423,500 + $574,100

$997,600

2023

$9,570 (+2.3%)

$394,300 + $524,100

$918,400

2022

$9,356 (+0.8%)

$379,700 + $505,400

$885,100

2021

$9,285 (+2.6%)

$365,100 + $482,800

$847,900

2020

$9,048 (+9.3%)

$335,900 + $482,900

$818,800

2019

$8,280 (+2.9%)

$321,300 + $444,700

$766,000

2018

$8,044 (+3.9%)

$266,500 + $443,500

$710,000

2017

$7,744 (+4.2%)

$255,500 + $400,800

$656,300

2016

$7,430 (+5.1%)

$226,300 + $376,300

$602,600

2015

$7,067 (+1.0%)

$226,300 + $319,000

$545,300

2014

$7,000 (+1.6%)

$208,100 + $319,000

$527,100

2013

$6,889 (+2.1%)

$208,100 + $320,600

$528,700

2012

$6,746 (+2.4%)

$208,100 + $320,600

$528,700

2011

$6,588 (+26.0%)

$208,100 + $320,600

$528,700

2010

$5,230 (+4.5%)

$208,100 + $225,200

$433,300

2009

$5,005

$215,400 + $225,200

$440,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

—

Sq. Ft.

2,944

Year built

1986

Style

Single Family Residential

County

Middlesex County

APN

2976275S

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Open Parking Spaces: 8
Parking Spaces: 10
AttachedGarageYN: Yes
Parking Features: Attached, Garage Door Opener, Workshop in Garage, Paved Drive, Off Street, Paved

Interior

Master Bedroom Information
Area: 165
Length: 15
Width: 11
Level: Second
Features: Flooring - Hardwood,Window(s) - Picture

Bedroom #2 Information
Area: 121
Length: 11
Width: 11
Level: Second
Features: Skylight,Flooring - Hardwood,Closet

Bedroom #3 Information
Area: 143
Length: 13
Width: 11
Level: Second
Features: Flooring - Hardwood,Closet,Closet/Cabinets - Custom Built

Bathroom Information
# of Bathrooms (Full): 2

Bathroom #1 Information
Area: 88
Length: 8
Width: 11
Level: First

Bathroom #2 Information
Area: 88
Length: 8
Width: 11
Level: Second

Living Room Information
Area: 240
Length: 16
Width: 15
Level: First
Features: Ceiling Fan(s),Flooring - Hardwood,Window(s) - Picture

Family Room Information
Area: 240
Length: 16
Width: 15
Level: First
Features: Wood / Coal / Pellet Stove,Skylight,Cathedral Ceiling(s),Flooring - Hardwood,Balcony / Deck

Dining Room Information
Area: 182
Length: 13
Width: 14
Level: First
Features: Flooring - Hardwood,Window(s) - Picture

Kitchen Information
Area: 182
Length: 13
Width: 14
Level: First
Features: Ceiling Fan(s),Flooring - Stone/Ceramic Tile,Closet

Basement Information
Basement: Full, Bulkhead, Sump Pump, Concrete

Laundry Information
Laundry Features: Second Floor, Electric Dryer Hookup, Washer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1

Appliances
Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer

Interior Features
# of Rooms (Total): 8
Door Features: Insulated Doors, Storm Door(s)
Window Features: Insulated Windows, Screens
Flooring: Wood, Tile, Hardwood, Stone / Slate, Flooring - Hardwood
Interior Features: Cathedral Ceiling(s), Great Room, Central Vacuum, Walk-Up Attic

Exterior

Building Information
Building Area (Total): 2,948
Foundation Area: 7,777,777
Foundation Details: Concrete Perimeter
Construction Materials: Post & Beam, Frame
Year Built Source: Public Records
Year Built Details: Actual
Color: redwood
Lead Paint: None

Exterior Features
Roof: Shingle, Metal
Patio And Porch Features: Porch, Deck, Deck - Wood, Deck - Composite
Exterior Features: Porch, Deck, Pool - Above Ground, Rain Gutters, Professional Landscaping, Decorative Lighting, Screens, Deck - Wood, Deck - Composite

Pool Information
Has Private Pool
Pool Features: Above Ground

Property Information
PropertySubType: Single Family Residence
Green Energy Efficient : Thermostat
Other Structures: Workshop

Lot Information
Lot Size (Acres): 0.28
Lot Features: Wooded
Road Surface Type: Paved
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $6,587
Tax Year: 2010

Utilities

Utility Information
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Water Source: Public, City/Town Water
Electric: Circuit Breakers, 200+ Amp Service

Heating & Cooling
Has Heating
Heating: Baseboard, Oil, Wood
Cooling: Whole House Fan

Location

School Information
Elementary School: Mount Hood Elem
Middle Or Junior School: Melrose Middle
High School: Melrose High

Location Information
Directions: Grove to Swains Pond to Penney
UnparsedAddress: 120 Penny Rd, Melrose MA 02176

Community Information
Senior CommunityYN: No
Community Features: Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,944
Stories: 2.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Middlesex County
APN: 2976275S

Home facts updated by county records on Jul 29, 2026

Other

Miscellaneous Information
Heat Zones: 2

Listing Information
Exclusions: 2nd Floor Stackable Washer And Dryer
StandardStatus: Closed

Around this home

Schools

Hoover Elementary School

Public K-5 • Assigned • 0.6mi

8/10

Melrose High School

Public 9-12 • Assigned • 1.9mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

4/10 Wind Factor

16% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Melrose, MA • 02176

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.20M – $1.46M

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OPEN TODAY, 10:30AM TO 12PM

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Home values near 120 Penny Rd

Data from public records.

Address	Redfin Estimate
117 Penny Rd, Melrose, MA 3 Beds \| 2.5 Baths \| 1869 Sq. Ft.	$896,436
130 Penny Rd, Melrose, MA 3 Beds \| 1.5 Baths \| 1958 Sq. Ft.	$836,578

Address	Redfin Estimate
135 Penny Rd, Melrose, MA 1 Beds \| 3.5 Baths \| 2952 Sq. Ft.	$1,186,198
151 Penny Rd, Melrose, MA 3 Beds \| 2.5 Baths \| 2570 Sq. Ft.	$1,206,475

Address	Redfin Estimate
145 Penny Rd, Melrose, MA 3 Beds \| 2 Baths \| 2730 Sq. Ft.	$1,073,097
110 Penny Rd, Melrose, MA 4 Beds \| 4 Baths \| 4139 Sq. Ft.	$1,501,718

Property information provided by MLS PIN when last listed in 2010. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02176, MA

Sale history for 120 Penny Rd

Tax history for 120 Penny Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02176

Home values near 120 Penny Rd

More real estate resources