NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,259,000

5 Beds
3 Baths
3,561 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $1,060,000 $298 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,495/month

4 Days on Market

Highlights

  • Deck
  • Bamboo Flooring
  • Patio
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of August 2023

Well maintained 2-family home with an excellent rental history, on a private side street! With great proximity to the Orange Line T at both Oak Grove and Malden Center, with its' numerous restaurant and shopping venues, this oversized home has many recent updates including new back porches 2018, bluestone front steps (2021) 200 amp electrical service to the house (2017), exterior motion lights & outlets, added in 2019 & a nicely landscaped rear yard with new fencing & patio (2022). The 1+ bed, 2 bath first floor offers a brand new primary bath with large closet, eat-in kitchen, updated, contemporary light fixtures, hardwood floors, decorative fireplace, in-unit laundry, back porch & a finished lower level. The sunny, bi-level Owner's Unit offers a spacious entry foyer, flexible floor plan with 4 beds,1 bath, eat-in-kitchen, in-unit laundry & private rear deck. Fantastic opportunity for both owner occupant's & investors, here is your chance to enter the Malden Real Estate market!

Last Agent to Sell the Property

Joanna Kirylo

Keller Williams Realty Boston Northwest Listed on: 07/05/2023

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Chris Yang

Keller Williams Realty Boston South West

Keller Williams Realty Boston South West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,017

Year Built

  • Built in 1900

Lot Details

  • 3,502 Sq Ft Lot
  • Property fronts a private road
  • Near Conservation Area
  • Fenced
  • Cleared Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,561 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Porch

Additional Features

  • Property is near public transit
  • 200+ Amp Service

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $67,200

Listing and Financial Details

  • Total Actual Rent $5,600
  • Assessor Parcel Number 591226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,017

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Bamboo
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Finished, Walk-Out Access, Interior Entry
  • Living Area: 3561
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN2213
  • LIST PRICE PER Sq Ft: 279.42
  • PRICE PER Sq Ft: 297.67
  • MAIN SO: BB3351

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Private Road
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Other
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Conservation Area, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 591226
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3502
  • Lot Size Units: Acres
  • PAGE: 348
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10017
  • Tax Book Number: 69802

Multi Family

  • Gross Income: 67200
  • Net Operating Income: 67200
  • Number Of Units Total: 2
  • Total Actual Rent: 5600
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2014
Sold by
Chen Yan Z and Cai Ying Y
Bought by
Cai Ying Y and Chen Na
Current Estimated Value
$1,184,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2012
Sold by
Chen Yanzhen and Zhuo Xia
Bought by
Chen Yanzhen and Cai Ying Y

Purchase Details

Listed on
Apr 26, 2012
Closed on
Jul 27, 2012
Sold by
Chen Yan Z
Bought by
Chen Yanzhen and Zhuo Xia
Seller's Agent
Maureen Turner-Schlegel
Leading Edge Real Estate
Buyer's Agent
Phong Hoang
RE/MAX Andrew Realty Services
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$360,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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
Cai Ying Y -- --
Chen Yanzhen -- --
Chen Yanzhen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Huiping $583,000
Closed Bonet-Inniss Giovanni $420,000
Closed Cai Ying Y $347,000
Previous Owner Chen Yan Z $360,000
Previous Owner Carpine Arlene E $148,500
Previous Owner Carpine Frank W $150,000
Previous Owner Carpine Frank W $73,000
Previous Owner Carpine Frank W $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $1,060,000 +6.5% $298 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $995,000 +43.2% $279 / Sq Ft
08/21/2017 08/21/17 Sold $695,000 +2.2% $271 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $680,000 +51.1% $266 / Sq Ft
07/10/2012 07/10/12 Sold $450,000 -2.2% $192 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $459,900 -- $197 / 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 $114 $1,004,000 $301,300 $702,700
2024 $10,354 $885,700 $280,000 $605,700
2023 $10,017 $821,700 $254,900 $566,800
2022 $9,673 $783,200 $235,600 $547,600
2021 $9,450 $768,900 $221,300 $547,600
2020 $9,121 $721,000 $210,900 $510,100
2019 $8,517 $641,800 $200,900 $440,900
2018 $8,482 $602,000 $185,400 $416,600
2017 $8,146 $574,900 $177,700 $397,200
2016 $7,582 $500,100 $156,400 $343,700
2015 $7,248 $460,800 $148,700 $312,100
2014 $7,638 $474,400 $135,200 $339,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73132321

MLS Property Information Network (MLS PIN)

APN: MALD-000009-000025-000528