NOT LISTED FOR SALE

111 Devir St Unit 405 Malden, MA 02148

Edgeworth Neighborhood

Estimated Value: $553,000 - $666,000

3 Beds
2 Baths
1,282 Sq Ft
$374/mo HOA Fee

Last Sold June 14, 2022

Last sale price $520,000 $406 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,577/month

6 Days on Market

Highlights

  • In Ground Pool
  • Property is near public transit
  • Elevator
  • No Units Above
  • Corner Lot
  • Balcony

About This Home

As of June 2022

Sophisticated, spacious, penthouse unit bathed in sunlight with city views awaits its next owner – someone equally discerning when it comes to style, location, and value. Privately located on the top floor of a well-kept brick building tucked down a quiet side street on the Malden/Somerville line, this updated home offers open living space, an inviting galley kitchen, provocative primary bedroom ensuite with a walk-in closet, two additional generous bedrooms, a second full bath and a long, screened-in balcony with sliding door access from the living and guest rooms. Managed by its predominately owner-occupant residents, the building boasts low condo fees and a casually furnished lobby. Enjoy two deeded parking spaces as well as additional visitor parking, and a retreat-like pool and patio area for your outdoor enjoyment. Stop by one of four open houses this weekend and seize the opportunity to own this impressive condo.

Last Agent to Sell the Property

Alison Socha

Leading Edge Real Estate Listed on: 04/20/2022

Leading Edge Real Estate

Co-Listed By

Deborah Chandler

Leading Edge Real Estate

Last Buyer's Agent

Alison Socha

Leading Edge Real Estate Listed on: 04/20/2022

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 1980

HOA Fees

  • $374 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,282 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on fourth floor
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Apply Elementary School
  • MHS High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Thermostat
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number M:041 B:171 L:128405,593934

Community Details

Overview

  • Association fees include insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 28 Units
  • Low-Rise Condominium
  • Wellington Arms Community

Amenities

  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,960

Year Built

Built in 1980

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1980
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Fourth Floor
  • Room Bedroom2 Features: Closet, Flooring - Vinyl
  • Room Bedroom3 Features: Closet, Flooring - Vinyl
  • Room Bedroom3 Level: Fourth Floor
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Vinyl
  • Room Master Bedroom Level: Fourth Floor
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Fourth Floor
  • Bathroom 2 Level: Fourth Floor
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Vinyl
  • Room Dining Room Level: Fourth Floor
  • Room Kitchen Level: Fourth Floor
  • Room Kitchen Features: Flooring - Vinyl
  • Laundry Features: In Unit
  • Room Living Room Level: Fourth Floor
  • Room Living Room Features: Flooring - Vinyl
  • Accessibility Features: Accessible Entrance
  • Living Area: 1282
  • Stories Total: 1
  • MAIN LO: AN4643
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: No One Above, Corner
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Pool Features: Association, In Ground
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA

Condo/Co-op/Association

  • Association Amenities: Pool, Elevator(s)
  • Association Fee: 374
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:041 B:171 L:128405,593934
  • Zoning: ResC
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: No

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4960

Multi Family

  • Number Of Units Total: 28
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Mhs
  • Elementary School: Apply

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 14, 2022
Sold by
Digiovanni David A
Bought by
Chen Mei and Gao Xujia
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Alison Socha
Leading Edge Real Estate
List Price
$485,000
Sold Price
$520,000
Premium/Discount to List
$35,000
7.22%
Current Estimated Value
$609,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,792
Avg. Annual Appreciation
4.67%
Original Mortgage
$337,000
Outstanding Balance
$319,238
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,554

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 14, 2020
Sold by
Charles M Demarco T
Bought by
Digiovanni David A
Seller's Agent
Bernie Starr
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Alison Socha
Leading Edge Real Estate
List Price
$449,900
Sold Price
$454,900
Premium/Discount to List
$5,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$424,900
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2016
Sold by
Demarco Donald L and Demarco Charles M
Bought by
Charles M Demarco T M and Charles Demarco

Purchase Details

Closed on
Jun 26, 1998
Sold by
Demarco Louis F Est and Giordano
Bought by
Demarco Donald and Demarco Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Mei $520,000 None Available
Digiovanni David A $454,900 None Available
Charles M Demarco T M -- --
Demarco Donald $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Mei $337,000
Previous Owner Digiovanni David A $424,900
Previous Owner Demarco Donald $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $520,000 +7.2% $406 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $485,000 +6.6% $378 / Sq Ft
03/20/2020 03/20/20 Sold $454,900 +1.1% $355 / Sq Ft View Prior Sale
02/07/2020 02/07/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $449,900 -- $351 / 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 $55 $485,800 $0 $485,800
2024 $5,256 $449,600 $0 $449,600
2023 $5,634 $462,200 $0 $462,200
2022 $4,960 $401,600 $0 $401,600
2021 $4,507 $366,700 $0 $366,700
2020 $4,597 $363,400 $0 $363,400
2019 $4,522 $340,800 $0 $340,800
2018 $4,183 $296,900 $0 $296,900
2017 $3,900 $275,200 $0 $275,200
2016 $3,634 $239,700 $0 $239,700
2015 $3,637 $231,200 $0 $231,200
2014 $3,722 $231,200 $0 $231,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72968919

MLS Property Information Network (MLS PIN)

APN: MALD-000041-000171-128405