NOT LISTED FOR SALE

122 Cross St Unit 124 Malden, MA 02148

Belmont Neighborhood

Estimated Value: $879,609 - $1,170,000

6 Beds
2 Baths
2,722 Sq Ft
$370/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $740,000 $272 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,341/month

8 Days on Market

About This Home

As of December 2021

Well maintained 2 Family home ( 6-6 rooms) in convenient location close to Malden Center, Orange T line station. Great rental investment opportunities or owner occupied in one floor and collect rental income. Both units are in nice condition with mostly hardwood floors , have updated baths and eat -in kitchens, separated utilities, FHW heating systems by gas for 1st floor( about 6 years old), FHA by gas for 2nd floor ( about 2 years old), washer & dryer for 1st floor apartment and washer & dryer hook up for 2nd floor in the basement. Roof replaced in 2019. Large walk up attic for expansion potential. Paved driveway for 4 cars. Small back yard paved potential for more parking spots. Seller is selling the property in " as is" condition.

Last Agent to Sell the Property

Irene Ho

Move2Boston Group, LLC Listed on: 11/07/2021

Last Buyer's Agent

Le Doan

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $90

Year Built

  • 1920

Lot Details

  • 4,356

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$90

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Main to Cross Street
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Walk-Out Access, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AN2603
  • LIST PRICE PER Sq Ft: 267.45
  • PRICE PER Sq Ft: 271.86
  • MAIN SO: AC0342
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Wood,Tile
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone, Brick/Mortar
  • Construction Type: Frame
  • Home Warranty: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Tandem, Assigned
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School, T-Station, Sidewalks

Lot Info

  • LOT SIZE: 4482
  • PAGE: 548
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: Res

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 51600
  • Property Net Operating Income: 51600
  • Number Of Units Total: 2
  • Total Actual Rent: 4300

Tax Info

  • Tax Annual Amount: 8830
  • Tax Book Number: 29700
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2021
Closed on
Dec 29, 2021
Sold by
Lou Quing C and Luo Joanne C
Bought by
Diem-Le Kein T and Le Huong T
Seller's Agent
Irene Ho
Move2Boston Group, LLC
Buyer's Agent
Le Doan
eXp Realty
List Price
$728,000
Sold Price
$740,000
Premium/Discount to List
$12,000
1.65%
Current Estimated Value
$1,005,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,902
Avg. Annual Appreciation
5.46%
Original Mortgage
$590,000
Outstanding Balance
$549,282
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$353,883

Purchase Details

Closed on
Jan 25, 1999
Sold by
Lombardi Carl A and Lombardi Maria D
Bought by
Luo Quing Chu and Chen Luo Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Diem-Le Kein T $740,000 None Available
Luo Quing Chu $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diem-Le Kein T $590,000
Previous Owner Luo Quing Chu $136,500
Previous Owner Luo Quing Chu $13,000
Previous Owner Luo Quing Chu $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $740,000 +1.6% $272 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/07/2021 11/07/21 For Sale $728,000 -- $267 / 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 $90 $796,000 $290,500 $505,500
2024 $8,763 $749,600 $274,300 $475,300
2023 $8,483 $695,900 $250,100 $445,800
2022 $8,114 $657,000 $225,900 $431,100
2021 $8,829 $718,400 $201,700 $516,700
2020 $8,543 $675,300 $194,900 $480,400
2019 $8,127 $612,400 $185,600 $426,800
2018 $7,831 $555,800 $153,300 $402,500
2017 $7,380 $520,800 $147,300 $373,500
2016 $6,757 $445,700 $135,200 $310,500
2015 $6,528 $415,000 $128,700 $286,300
2014 $6,142 $381,500 $117,000 $264,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72917431

MLS Property Information Network (MLS PIN)

APN: MALD-000081-000385-000508