NOT LISTED FOR SALE

Estimated Value: $780,000 - $973,059

3 Beds
2 Baths
2,555 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $740,000 $290 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,845/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of December 2022

NOW is the time to take advantage of this great opportunity to purchase this well maintained, conveniently located 2-family property. Whether you are an investor or planning on being an owner-occupant this home features hardwood floors, updated kitchens, separate utilities, newer natural gas hot water heaters & heating system, newer roof & front stairs, new white pvc yard fence, coin-op washer & dryer, and plenty of off-street parking. The potential is there to add additional rooms with some minor modifications which would be a tremendous value add. This is a must see.

Last Listed By

Stephen Velonis

Coldwell Banker Realty - Lynnfield Listed on: 11/11/2022

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,497

Year Built

  • Built in 1925

Lot Details

  • 4,556 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,555 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 596054

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,497

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower,Slider), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Loft,Office/Den)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Gas Water Heater,Tankless Water Heater
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Living Area: 2555
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 297.42
  • PRICE PER Sq Ft: 289.63
  • MAIN SO: AN1378

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Other
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Steam,Oil), Unit 2(Steam,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 596054
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4556
  • Lot Size Units: Acres
  • PAGE: 338
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8497
  • Tax Book Number: 54516

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Ruggiero James P
Bought by
Hanter Properties Llc
Total Days on Market
3
Current Estimated Value
$864,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2014
Sold by
Hancock Nt and Ruggiero Jaems P
Bought by
Ruggiero James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2013
Sold by
Ruggiero James
Bought by
Hancock Nt and Ruggiero James P

Purchase Details

Closed on
Mar 14, 2011
Sold by
Decastro Guillermo
Bought by
Malden City Of

Purchase Details

Closed on
Apr 8, 2010
Sold by
Pance Genci
Bought by
Ruggiero James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,512
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2009
Sold by
Deutsche Bank Natl T C
Bought by
Pance Genci

Purchase Details

Closed on
Oct 4, 2000
Sold by
Pichard Joan-Ellen
Bought by
Decastro Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1997
Sold by
Mitchell Erika I
Bought by
Pichard Joan Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hanter Properties Llc -- --
Ruggiero James P -- --
Hancock Nt -- --
Malden City Of $130 --
Ruggiero James P $340,000 --
Pance Genci $196,000 --
Decastro Guillermo $275,000 --
Pichard Joan Ellen $62,276 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sales-Dasilva Alexandra $592,000
Closed Hanter Properties Llc $340,000
Previous Owner Ruggiero James P $54,000
Previous Owner Ruggiero James P $303,000
Previous Owner Ruggiero James P $320,512
Previous Owner Decastro Guillermo $336,000
Previous Owner Decastro Guillermo $48,000
Previous Owner Decastro Guillermo $360,000
Previous Owner Decastro Guillermo $10,000
Previous Owner Decastro Guillermo $63,000
Previous Owner Decastro Guillermo $251,000
Previous Owner Pichard Joan-Ellen $247,500
Previous Owner Pichard Joan-Ellen $118,000
Previous Owner Pichard Joan-Ellen $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $740,000 -2.6% $290 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $759,900 -- $297 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $94 $828,100 $291,400 $536,700
2024 $9,123 $780,400 $275,200 $505,200
2023 $8,872 $727,800 $250,900 $476,900
2022 $8,497 $688,000 $226,600 $461,400
2021 $9,022 $734,100 $202,400 $531,700
2020 $8,726 $689,800 $195,500 $494,300
2019 $8,161 $615,000 $186,200 $428,800
2018 $7,871 $558,600 $153,800 $404,800
2017 $7,558 $533,400 $147,700 $385,700
2016 $7,105 $468,700 $135,600 $333,100
2015 $6,781 $431,100 $129,100 $302,000
2014 $6,290 $390,700 $117,400 $273,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73057718

MLS Property Information Network (MLS PIN)

APN: MALD-000080-000356-000602