Seller's Agent in 2024
Katherine Malin
Compass
(781) 799-5981
1 in this area
42 Total Sales
14 Malvern Ave Somerville, MA 02144
Teele Square NeighborhoodEstimated Value: $1,357,000 - $1,822,935
7
Beds
3.5
Baths
2,870
Sq Ft
$578/Sq Ft
Est. Value
Highlights
- Property is near public transit and schools
- Wood Flooring
- Tandem Parking
- Somerville High School Rated A-
- Jogging Path
- 5-minute walk to Lou Ann David Park
About This Home
As of March 2024Beautiful & renovated 2 family in great location just off the Bike Path between Teele and Davis Sq. 14 Malvern has been in the same family over 60 years; used in the past as an owner occupied home and now as an investment property. Some updates include: exterior painting 2022, new roof 2021, heat pumps in both units 2021, new windows in the units 2016-2021, newer SS appliances, interior paint, smart thermostats, & more. Unit 1 is 3 beds 1.5 baths leased through 8/31/24 at 3750/month. Unit 2 is 4 -5 beds, 2 full baths, ~1700 sq ft over 2 levels and leased through 7/12/2024 at 5000/month. Both units have eat in kitchens, dishwashers, updated appliances and dedicated laundry. Located just minutes to restaurants, shops, night life, Bike Path, & public transportation, 14 Malvern makes for a great owner occupied OR investment property. Currently parking for 2, can likely increase to 3-4 cars with removal of wheelchair ramp. Please try to attend open houses Sat 2/3 & Sun 2/4 10:00-12:00.
Last Buyer's Agent
Maria Fabiano
Maria Fabiano Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,573
Year Built
- Built in 1900
Lot Details
- 3,300
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,870 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Family Room
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Cooling Available
- Heat Pump System
Additional Features
- Energy-Efficient Thermostat
- 3,300 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $8,750
- Rent includes unit 1(hot water), unit 2(hot water)
Community Details
Recreation
- Jogging Path
- Bike Trail
Additional Features
- 2 Units
- Shops
- Net Operating Income $45,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jan 31, 2024
Closed on
Feb 20, 2024
Sold by
Bought by
Seller's Agent
Katherine Malin
Compass
Buyer's Agent
Maria Fabiano
Maria Fabiano Realty
List Price
$1,599,000
Sold Price
$1,700,000
Premium/Discount to List
$101,000
6.32%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.12%
Purchase Details
Closed on
Nov 19, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,250,000
Interest Rate
3.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 17, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2014
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| -- | -- | ||
| $1,700,000 | None Available | ||
| $1,700,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $5,250,000 | ||
| Previous Owner | $800,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $1,700,000 | +6.3% | $592 / Sq Ft |
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | For Sale | $1,599,000 | -- | $557 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,570 | $1,243,800 | $715,400 | $528,400 |
| 2024 | $12,792 | $1,216,000 | $715,400 | $500,600 |
| 2023 | $12,487 | $1,207,600 | $715,400 | $492,200 |
| 2022 | $10,372 | $1,018,900 | $681,400 | $337,500 |
| 2021 | $9,989 | $980,300 | $661,500 | $318,800 |
| 2020 | $9,372 | $928,800 | $616,300 | $312,500 |
| 2019 | $8,697 | $808,300 | $547,900 | $260,400 |
| 2018 | $8,889 | $785,900 | $546,000 | $239,900 |
| 2017 | $8,570 | $734,400 | $515,000 | $219,400 |
| 2016 | $9,000 | $718,300 | $486,600 | $231,700 |
| 2015 | $8,488 | $673,100 | $445,500 | $227,600 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Malin
-
Buyer's Agent in 2024
Maria Fabiano
Maria Fabiano Realty
(617) 794-4257
2 in this area
98 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73198006
APN: SOME-000013-F000000-000005
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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