NOT LISTED FOR SALE

1186 Fellsway Unit 1188 Malden, MA 02148

Glenwood Neighborhood

Estimated Value: $956,000 - $1,143,000

6 Beds
2 Baths
2,905 Sq Ft
$354/Sq Ft Est. Value

Last Sold January 13, 2016

Last sale price $475,000 $164 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,414/month

13 Days on Market

About This Home

As of January 2016

Solid as a Rock! This gracious 14 room Philadelphia style 2-family (7/7) needs exterior paint & fascia work but the inside will amaze you! Each apartment consists of 7 huge rooms + front & rear porches; separate gas heating systems; hot water & electric. Both units feature a spacious Living Room, formal Dining Room, sunny eat-in Kitchen w/pantry, huge Bath, 3 generous Bedrooms + Foyer or Den. Home is situated on a large corner lot with 2 car detached garage. It's located in the prime Fellsway area on the Malden/Medford line near public transportation and all major routes. Don't miss this one! Home needs updating but what a Beauty!

Last Agent to Sell the Property

Joan Chuha

Bond Realty, Inc. Listed on: 11/04/2015

Last Buyer's Agent

Jeannette Myles

Bond Realty, Inc. License #449502060

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School
  • Electric: Fuses, Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Hardwood
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Porch - Enclosed, Porch - Screened, Screens, Fenced Yard, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: 03501830312
  • Zoning: Res

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 13, 2016
Sold by
Livia D Adler T and Montouri Genevieve
Bought by
Wellington Baker Assoc
Seller's Agent
Joan Chuha
Bond Realty, Inc.
Buyer's Agent
Jeannette Myles
Bond Realty, Inc.
List Price
$589,900
Sold Price
$475,000
Premium/Discount to List
-$114,900
-19.48%
Current Estimated Value
$1,027,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,712
Avg. Annual Appreciation
8.11%
Original Mortgage
$468,750
Outstanding Balance
$372,929
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$654,783
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wellington Baker Assoc $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellington Baker Assoc $468,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2016 01/13/16 Sold $475,000 -10.4% $164 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
11/13/2015 11/13/15 Price Changed $529,900 -10.2% $182 / Sq Ft
11/04/2015 11/04/15 For Sale $589,900 -- $203 / 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 $91 $802,500 $288,400 $514,100
2024 $8,814 $754,000 $271,400 $482,600
2023 $8,513 $698,400 $246,000 $452,400
2022 $8,186 $662,800 $224,800 $438,000
2021 $7,989 $650,000 $212,000 $438,000
2020 $7,857 $621,100 $213,700 $407,400
2019 $7,736 $583,000 $203,600 $379,400
2018 $7,218 $512,300 $171,800 $340,500
2017 $6,768 $477,600 $161,200 $316,400
2016 $6,320 $416,900 $152,700 $264,200
2015 $5,970 $379,500 $135,300 $244,200
2014 $5,621 $349,100 $123,000 $226,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71928267

MLS Property Information Network (MLS PIN)

APN: MALD-000035-000183-000312