3 Franklin Ter
Melrose, MA 02176
Melrose Highlands- 4 Beds
- 2 Baths
- 1,510 sqft
4 Beds
2 Baths
1,510 sqft
We estimate this home will sell faster than 97% nearby.
Local Information
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Description
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.
We estimate this home will sell faster than 97% nearby.
Home Highlights
Parking
2 Open Spaces
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$546
Listed
7 days ago
Home Details for 3 Franklin Ter
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Interior Details Basement: Full,Interior Entry,UnfinishedNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Bathroom 1, Bathroom 2, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1510 Square Feet |
Appliances & Utilities Utilities: for Gas Range, for Gas Oven, for Electric DryerAppliances: Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, DryerDishwasherDisposalDryerLaundry: In Basement,Electric Dryer HookupMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,Forced Air,Oil,ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Has a FireplaceNo Spa |
Gas & Electric Electric: 110 Volts, Circuit Breakers, 100 Amp Service |
Windows, Doors, Floors & Walls Window: Insulated WindowsFlooring: Tile, Marble, Hardwood, Flooring - Hardwood |
Levels, Entrance, & Accessibility Floors: Tile, Marble, Hardwood, Flooring Hardwood |
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Exterior Home Features Roof: Asphalt Composition ShinglesPatio / Porch: Porch, Deck, Deck - Roof, Deck - CompositeFencing: Fenced/Enclosed, FencedExterior: Porch, Deck, Deck - Roof, Deck - Composite, Rain Gutters, Fenced Yard, Garden, Stone WallFoundation: StoneGarden |
Parking & Garage Open Parking Spaces: 2No GarageHas Open ParkingParking Spaces: 2Parking: Paved Drive,Off Street,Paved |
Frontage Road Frontage: Private Road, Dead EndResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1510 |
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Days on Market: 7 |
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Year Built Year Built: 1893 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Victorian |
Building Construction Materials: FrameNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 658064 |
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Price List Price: $825,000Price Per Sqft: $546 |
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MLS Status: Active |
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Direction & Address City: Melrose |
School Information Elementary School: Roosevelt Elementary SchoolJr High / Middle School: Melrose Veterans Memorial MiddHigh School: Melrose High School |
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Listing Agent Listing ID: 73524010 |
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Building Area Building Area: 1510 Square Feet |
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Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, House of Worship, Public School, T-Station, SidewalksNot Senior Community |
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No HOA |
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Lot Area: 3963 sqft |
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Listing Terms: Contract |
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BasementMls Number: 73524010Above Grade Unfinished Area: 1510 |
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Public TransportationShoppingPoolParkWalk/Jog TrailsHouse of WorshipPublic SchoolT-StationSidewalks |
Last check for updates: about 9 hours ago
Listing courtesy of Lisa Ballew, (781) 775-8106
Coldwell Banker Realty - Andovers/Readings Regional, (978) 475-2201
Source: MLS PIN, MLS#73524010
Also Listed on MLS PIN.
Market trends in Melrose
Last updated April 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
59 17MoM
Price History for 3 Franklin Ter
| Date | Price | Event | Source |
|---|---|---|---|
| 06/03/2026 | $825,000 | Listed For Sale | MLS PIN #73524010 |
| 04/09/2013 | $405,000 | Sold | N/A |
| 10/27/2012 | $427,900 | ListingRemoved | Agent Provided |
| 07/31/2012 | $427,900 | Listed For Sale | Agent Provided |
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New Listings near 3 Franklin Ter
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,332 |
| Assessment | $740,600 |
Home facts updated by county records
Comparable Sales for 3 Franklin Ter
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $725,000 | 07/10/25 | 4 | 1.5 | 1,886 | |
0.11 | Single-Family Home | $925,000 | 01/16/26 | 3 | 1.5 | 1,899 | |
0.23 | Single-Family Home | $730,000 | 05/18/26 | 3 | 1.5 | 1,372 | |
0.33 | Single-Family Home | $925,000 | 04/15/26 | 4 | 1.5 | 1,552 | |
0.09 | Single-Family Home | $1,210,000 | 08/27/25 | 4 | 1.5 | 2,124 | |
0.07 | Single-Family Home | $1,372,000 | 10/30/25 | 4 | 2.5 | 2,800 | |
0.34 | Single-Family Home | $750,000 | 09/15/25 | 3 | 1.5 | 1,760 | |
0.32 | Single-Family Home | $875,000 | 11/14/25 | 4 | 2 | 2,222 | |
0.04 | Single-Family Home | $1,100,000 | 03/09/26 | 4 | 2.5 | 2,396 | |
0.50 | Single-Family Home | $665,000 | 09/05/25 | 3 | 1.5 | 1,450 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3 Franklin Ter.
What Locals Say about Melrose Highlands
At least 9 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say it's walkable to restaurants
92 % Say people would walk alone at night
89 % Say there are sidewalks
83 % Say yards are well-kept
82 % Say kids play outside
79 % Say streets are well-lit
79 % Say it's walkable to grocery stores
77 % Say parking is easy
77 % Say there's holiday spirit
65 % Say neighbors are friendly
59 % Say there are community events
59 % Say car is needed
58 % Say there's wildlife
47 % Say they plan to stay for at least 5 years
44 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lisa Ballew, Coldwell Banker Realty - Andovers/Readings Regional, (978) 475-2201
Agent Phone: (781) 775-8106
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
3 Franklin Ter, Melrose, MA 02176 is a 4 bedroom, 2 bathroom, 1,510 sqft single-family home built in 1893. 3 Franklin Ter is located in Melrose Highlands, Melrose. This property is currently available for sale and was listed by MLS PIN on Jun 3, 2026. The MLS # for this home is MLS# 73524010.

