242 E Foster St, Melrose, MA 02176 Property Records

Middlesex County and Melrose City property record for 242 E Foster St, Melrose, MA 02176

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,348 sqft · built 1910
Lot Size	0.137 acres (5,985 sqft)
Owner	2 Individual Names on File
Last Sale	$920,000 (May 2022)
Tax Bill	$9,552 (2026)
Deeds & Mortgages	May 2026 Line of Credit Jun 2017 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`MELR M:0E7 P:0000127`

Property Details

APN / Parcel Number

Primary APN	`MELR M:0E7 P:0000127`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	6 Rooms
Stories	2 Stories
Building Area	1,348 sqft Living Area
Gross Area	2,578 sqft
Basement Area	794 sqft
Unfinished Basement	794 sqft

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1910
Architectural Style	Other
Exterior Material	Wood Siding
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	5,985 sqft (0.137 acres)

Utilities, Heating & Cooling

Heating System	Hot Water
Heating Fuel	Gas

Location & Zoning

Street Address	242 E FOSTER ST
City	MELROSE
State	MA
Zip	02176-4029
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	URA
Jurisdiction	MELROSE MA
Township / Civil Division	MELROSE
Census Block Group	1
Census Block	1012
Census Tract	336300

Owner

242 E Foster St is owned and occupied by two individuals who bought it in May 2022.

Source: Middlesex County and Melrose City records, as of October 20, 2026

Owner of Record	2 Individual Names on File
Mailing Address	242 E FOSTER ST, MELROSE, MA 02176-4029
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 12, 2026	Deed of Trust, Mortgage · Line of Credit JPMORGAN CHASE BANK N A
Jun 26, 2017	Deed of Trust, Mortgage · ARM HOMEBRIDGE FINANCIAL
May 2, 2022	Quit Claim Deed, Transfer · Stand-Alone First Mortgage GUARANTEED RATE INC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 2, 2022 · Amount on File
Deed Sale	May 2, 2022 · Amount on File
Prior Sale	Nov 2, 2009 · Amount on File
Deed Document Number	202265600
Deed Book / Page	80065 / 29
Record Updated	Oct 29, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MELROSE MA
Recording Date	May 12, 2026
Property Address	242 E FOSTER ST, MELROSE, MA 02176-4029
Document Number	0085580-52
Book / Page	85580 / 52
Instrument Date	May 1, 2026
Instrument	202653677
Transaction Type	Mortgage
Record Updated	Jul 12, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	242 E FOSTER ST, MELROSE, MA 02176-4029

Mortgage

Document Number	0000053677,
Date	May 12, 2026
Book Page	85580/52
Instrument	202653677

Lender

Name	JPMORGAN CHASE BANK N A

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	360 Months
Due	Jun 1, 2056

Interest

Rate	6.46%
Max Rate	-1%

June 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MELROSE MA
Property Address	242 E FOSTER ST, MELROSE, MA 02176-4029
Transaction Type	Mortgage
Record Updated	May 10, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	069500-241
Date	Jun 26, 2017
Book Page	69500/241
Instrument	97649

Lender

Name	HOMEBRIDGE FINANCIAL

Agreement

Type	ARM
Amount	Amount on Record
Term	360 Months
Due	Jun 1, 2047

Interest

Rate Type	Adjustable Rate
Rate	3.38%

May 2022: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MELROSE MA
Recording Date	May 2, 2022
Property Address	242 E FOSTER ST, MELROSE, MA 02176-4029
Document Number	0080065-29
Book / Page	80065 / 29
Instrument Date	May 2, 2022
Instrument	65600
Transaction Type	Transfer
Record Updated	Nov 20, 2025

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	242 E FOSTER ST, MELROSE, MA 02176-4029

Mortgage

Document Number	0000065601
Date	May 2, 2022
Instrument	65601

Lender

Name	GUARANTEED RATE INC
Type	Non-Lending Institution

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 242 E Foster St was $9,552, up 12,468.4% from the year before.

Source: Middlesex County and Melrose City assessment roll, as of April 14, 2026

Property Jurisdictions

Type	Name
State	Massachusetts
County	Middlesex County
Municipality	Melrose City
Unified School District	Melrose School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$9,552.00 (+12,468.42%)	$832,800 (+7.29%) Land $477,700 Building $355,100	$860,763 (-11.79%)
2025	$76.00 (-98.97%)	$776,200 (+4.61%) Land $450,400 Building $325,800	$975,840
2024	$7,368.00 (-0.19%)	$742,000 (+4.74%) Land $423,100 Building $318,900
2023	$7,382.00	$708,400 Land $409,400 Building $299,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 242 E Foster St in Zone X, an area of minimal flood risk, though there have been 6 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective September 10, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force
Nearby Flood Claims	6 (1978–1998)
Most Recent Claim	Jun 1998 · Heavy Rains And Flooding
Claims by Event	Heavy Rains And Flooding, Jun 1998 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 242 E Foster St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MELROSE WATER DIVISION (MWRA) serves 29,938 people · EPA ID MA3178000
Water Source	Purchased surface water from MWRA
Last State Inspection	Oct 2025
Lead	10 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Lead service line replacement currently in violation since Nov 2021
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 785 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Xfinity Cable	2,000 / 2,000
Netafy Fixed Wireless	476 / 106
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T.

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