NOT LISTED FOR SALE

Estimated Value: $734,000 - $840,000

4 Beds
2 Baths
2,040 Sq Ft
$391/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $625,000 $306 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,882/month

23 Days on Market

About This Home

As of December 2021

PRICE ADJUSTED!!! motivated seller. Great investment opportunity and investor's delight. Desirable location, multi units with great rental potential. Separate utilities, off-street parking, large back yard with plenty of space for entertainment. Conveniently located in between Hancock and Ferry St., 1.5mi to Malden Center station, less than a mile to Lafayette School & Everett HS and walking distance to bus stop, playground. Lower level unit features 2 bedroom and a extra den inside the main bedroom, which could be used as an office or entertainment. There is an access to the basement from this level. Second unit is much more spacious and features two large bedroom, living space, large den which has an access to the basement. Large kitchen that leads to the wooden deck on the rear. Nice view of the backyard from the deck. Also, has two bedroom on the upper level. Recent updates includes- two water heaters, stove, dishwasher, kitchen hood and hardwood flooring in the main level.

Last Agent to Sell the Property

Anjana Budhathoki

oNest Real Estate Listed on: 09/08/2021

Last Buyer's Agent

Suman Mahara

oNest Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 3,920

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Bennett St. to Cedar to Central Ave. or Hancock St. to Central Ave.
  • Garage Yn: No
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Appliances: Washer, Dryer, Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator)
  • Has Basement: Crawl Space, Interior Entry
  • MAIN LO: AN6926
  • MAIN SO: AN6926
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Unit 1(Bathroom With Tub), Unit 2(Ceiling Fans,Bathroom With Tub), Unit 1 Rooms(Kitchen,Sunroom), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Property Is Strictly Sold As-Is. Agent Is Related To The Owner.
  • Lot Features: Sloped
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s), Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Central,Forced Air,Natural Gas, Unit 1(Central Heat,Gas), Unit 2(Central Heat)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping

Lot Info

  • LOT SIZE: 3942
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: DD

Multi Family

  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: Y
  • Annual Gross Income: 48000
  • Property Net Operating Income: 48000
  • Number Of Units Total: 2
  • Total Actual Rent: 4000

Tax Info

  • Tax Annual Amount: 5824
  • Tax Book Number: 68959
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 27, 2021
Sold by
Budhathoki Chandra
Bought by
Raut Mukti and Raut Samjhana K
Seller's Agent
Anjana Budhathoki
oNest Real Estate
Buyer's Agent
Suman Mahara
oNest Real Estate
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Current Estimated Value
$798,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,496
Avg. Annual Appreciation
6.33%
Original Mortgage
$468,750
Outstanding Balance
$429,469
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,027

Purchase Details

Listed on
Jan 3, 2017
Closed on
Mar 1, 2017
Sold by
Ayala Jorge A
Bought by
Budhathoki Chandra
Seller's Agent
Victor Alonso
Victor Alonso
Buyer's Agent
Rajit Shrestha
360 Realty LLC
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$483,312
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 6, 2014
Closed on
Feb 4, 2015
Sold by
Powers Kathleen M
Bought by
Ayala Jorge A
Seller's Agent
Denise Matarazzo
JRS Properties, Inc.
Buyer's Agent
Denise Matarazzo
JRS Properties, Inc.
List Price
$399,000
Sold Price
$383,000
Premium/Discount to List
-$16,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%
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
Raut Mukti $625,000 None Available
Budhathoki Chandra $500,000 --
Ayala Jorge A $383,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raut Mukti $468,750
Previous Owner Budhathoki Chandra $483,312
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2021 12/28/21 Sold $625,000 -10.1% $306 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $695,000 +39.0% $341 / Sq Ft
03/01/2017 03/01/17 Sold $500,000 +0.2% $248 / Sq Ft View Prior Sale
01/11/2017 01/11/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $499,000 +30.3% $248 / Sq Ft
02/04/2015 02/04/15 Sold $383,000 -4.0% $188 / Sq Ft View Prior Sale
01/05/2015 01/05/15 Pending -- -- --
08/06/2014 08/06/14 For Sale $399,000 -- $196 / 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 $8,389 $736,500 $258,600 $477,900
2024 $7,672 $669,500 $229,900 $439,600
2023 $7,373 $625,900 $210,700 $415,200
2022 $6,485 $626,000 $201,100 $424,900
2021 $5,824 $590,100 $180,100 $410,000
2020 $6,140 $577,100 $180,100 $397,000
2019 $6,445 $520,600 $171,400 $349,200
2018 $6,358 $461,400 $149,400 $312,000
2017 $5,740 $397,500 $114,900 $282,600
2016 $5,347 $370,000 $114,900 $255,100
2015 $4,722 $323,200 $108,000 $215,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72891597

MLS Property Information Network (MLS PIN)

APN: EVER-000000-B000001-000036