Seller's Agent in 2023
Guy Contaldi
Advisors Living - Boston
(617) 201-0247
1 in this area
88 Total Sales
115 Medford St Unit 117 Malden, MA 02148
Bellrock NeighborhoodEstimated Value: $859,198 - $1,117,000
6
Beds
2
Baths
2,245
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Wood Flooring
- 0.11 Acre Lot
- Property is near public transit
- 3-minute walk to MacArthur Playground
About This Home
As of August 2023Positioned on a large corner lot, this two-family house represents a prime investment opportunity. The ground floor features a two bedroom unit with a living room and eat-in kitchen, while the two-level second floor unveils a layout with a living area, dining room, functional kitchen, and four bedrooms. The property is outfitted with wood flooring and tile, offering potential for enhancement. Each unit benefits from individual laundry appliances for added convenience. Outside, a two-car garage, a welcoming front porch, and a back patio make up the exterior features. This property, teeming with potential and strategically located, is an ideal acquisition for investors seeking a value-add opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,909
Year Built
- Built in 1900
Lot Details
- 4,622 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Garage
- On-Street Parking
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,245 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating Available
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $4,750
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:066 B:304 L:401,594771
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
Additional Features
- 2 Units
- Net Operating Income $57,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2023
Closed on
Aug 2, 2023
Sold by
115-117 Medford St Malden and Kenzo Management Inc Tr
Bought by
Romano Kenneth
Seller's Agent
Guy Contaldi
Advisors Living - Boston
Buyer's Agent
Danny Zheng
Keller Williams Realty
List Price
$739,000
Sold Price
$845,000
Premium/Discount to List
$106,000
14.34%
Views
201
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,300
Avg. Annual Appreciation
6.52%
Original Mortgage
$591,500
Outstanding Balance
$579,513
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$384,191
Purchase Details
Closed on
Jan 8, 2018
Sold by
Romano Kenneth
Bought by
115-117 Medford St T and Kenzo Management Inc T
Purchase Details
Closed on
Nov 21, 2007
Sold by
Roldan Rex A and Roldan Rosalina G
Bought by
Roldan Ft and Roldan
Purchase Details
Closed on
Oct 24, 2003
Sold by
Mottau Edward
Bought by
Roldan Rosalisa G and Roldan Rynon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2000
Sold by
Lakerveld Ronald R
Bought by
Mottau Jennifer R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 1991
Sold by
Como Margaret A
Bought by
Lakerveld Ronald R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Romano Kenneth | -- | None Available | |
| 115-117 Medford St T | -- | -- | |
| Roldan Ft | -- | -- | |
| Roldan Rosalisa G | $387,000 | -- | |
| Mottau Jennifer R | $225,000 | -- | |
| Lakerveld Ronald R | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liu Tu J | $591,500 | |
| Previous Owner | Romano Kenneth | $167,000 | |
| Previous Owner | Romano Kenneth | $315,750 | |
| Previous Owner | Han Jie H | $239,400 | |
| Previous Owner | Roldan Ft | $240,000 | |
| Previous Owner | Lakerveld Ronald R | $243,750 | |
| Previous Owner | Roldan Rosalisa G | $272,000 | |
| Previous Owner | Mottau Edward | $281,250 | |
| Previous Owner | Mottau Edward | $245,000 | |
| Previous Owner | Lakerveld Ronald R | $205,000 | |
| Previous Owner | Lakerveld Ronald R | $129,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Sold | $845,000 | +14.3% | $376 / Sq Ft |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- |
| 07/03/2023 07/03/23 | For Sale | $739,000 | -12.5% | $329 / Sq Ft |
| 06/24/2023 06/24/23 | Off Market | $845,000 | -- | -- |
| 06/20/2023 06/20/23 | For Sale | $739,000 | +77.6% | $329 / Sq Ft |
| 04/15/2014 04/15/14 | Sold | $416,000 | -0.7% | $188 / Sq Ft |
| 03/16/2014 03/16/14 | Pending | -- | -- | -- |
| 02/21/2014 02/21/14 | For Sale | $419,000 | +5.0% | $189 / Sq Ft |
| 03/29/2013 03/29/13 | Sold | $399,000 | +6.4% | $180 / Sq Ft |
| 02/27/2013 02/27/13 | Pending | -- | -- | -- |
| 01/25/2013 01/25/13 | For Sale | $374,900 | -- | $169 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $83 | $734,700 | $227,300 | $507,400 |
| 2024 | $8,208 | $702,100 | $219,200 | $482,900 |
| 2023 | $7,909 | $648,800 | $194,800 | $454,000 |
| 2022 | $7,582 | $613,900 | $174,500 | $439,400 |
| 2021 | $8,342 | $678,800 | $174,500 | $504,300 |
| 2020 | $7,904 | $624,800 | $155,400 | $469,400 |
| 2019 | $7,382 | $556,300 | $148,100 | $408,200 |
| 2018 | $7,520 | $533,700 | $148,100 | $385,600 |
| 2017 | $7,307 | $515,700 | $148,100 | $367,600 |
| 2016 | $6,108 | $402,900 | $136,000 | $266,900 |
| 2015 | $5,850 | $371,900 | $129,500 | $242,400 |
| 2014 | $4,949 | $307,400 | $117,700 | $189,700 |
Source: Public Records
Agents Affiliated with this Home
-
Guy Contaldi
-
Danny Zheng
Buyer's Agent in 2023
Danny Zheng
Keller Williams Realty
(832) 668-9712
1 in this area
260 Total Sales
-
Simon Luo
S
Seller's Agent in 2014
Simon Luo
A+ Realty
(617) 304-5687
5 Total Sales
-
Deborah Douglass
Seller's Agent in 2013
Deborah Douglass
The Carroll Team
(978) 569-6028
16 Total Sales
-
Harry Fu
H
Buyer's Agent in 2013
Harry Fu
Thread Real Estate, LLC
(617) 694-7051
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73126807
APN: MALD-000066-000304-000401
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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