NOT LISTED FOR SALE

Estimated Value: $793,784 - $1,015,000

5 Beds
3 Baths
1,932 Sq Ft
$470/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $840,000 $435 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,026/month

11 Days on Market

About This Home

As of August 2023

Introducing a charming 2 family home located in the Bellrock, Malden. This well-maintained property offers 3-4 car off street parking spaces and is a short distance to Malden Train Station. With 2 bedrooms in Unit 1 and 3 bedrooms across two levels in Unit 2 , this home provides comfortable living spaces. Updates include newer heating (gas) system, water tanks, electric system , siding, windows and roof (in 2016). Hardwood flooring adds elegance throughout. Laundry facilities are located in the basement and the property has a strong rental history. Don't miss this opportunity to own a desirable home in a convenient location.

Last Agent to Sell the Property

cindy you

East Coast Realty, Inc. Listed on: 05/31/2023

Last Buyer's Agent

cindy you

East Coast Realty, Inc. Listed on: 05/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,383

Year Built

  • Built in 1900

Lot Details

  • 3,484 Sq Ft Lot

Home Design

  • Brick Foundation

Interior Spaces

  • 1,932 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Community Details

  • 2 Units
  • Net Operating Income $45,600

Listing and Financial Details

  • Total Actual Rent $3,800
  • Assessor Parcel Number 065311123,594687

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,383

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 1.5
  • Sub Agent Compensation: 1.5
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Living Area: 1932
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB1740
  • LIST PRICE PER Sq Ft: 429.09
  • PRICE PER Sq Ft: 434.78
  • MAIN SO: NB1740

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 065311123,594687
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484
  • Lot Size Units: Acres
  • PAGE: 8-196
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7383.48
  • Tax Book Number: 68208

Multi Family

  • Gross Income: 45600
  • Net Operating Income: 45600
  • Number Of Units Total: 2
  • Total Actual Rent: 3800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2008
Sold by
Bennett John P and Bennett Kevin L
Bought by
Otero Jomar and Otero Otero-Rodriguez W
Current Estimated Value
$908,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,089
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Bennett Mary A
Bought by
Bennett John P and Bennett Kevin L
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
Otero Jomar $285,500 --
Bennett John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Ian W $630,000
Closed Biao-You Feng $210,000
Closed Rodriguez William O $292,069
Closed Otero Jomar $281,089
Previous Owner Bennett Mary A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $840,000 +1.3% $435 / Sq Ft
07/12/2023 07/12/23 Price Changed $829,000 0.0% $429 / Sq Ft
07/12/2023 07/12/23 For Sale $829,000 +3.8% $429 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $799,000 +94.9% $414 / Sq Ft
10/14/2016 10/14/16 Sold $410,000 +2.8% $212 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $399,000 -- $207 / 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 $79 $693,700 $276,200 $417,500
2024 $7,635 $653,100 $260,800 $392,300
2023 $7,383 $605,700 $237,800 $367,900
2022 $7,048 $570,700 $214,800 $355,900
2021 $6,731 $547,700 $191,800 $355,900
2020 $5,992 $473,700 $185,300 $288,400
2019 $5,856 $441,300 $176,500 $264,800
2018 $5,577 $395,800 $145,800 $250,000
2017 $5,067 $357,600 $140,000 $217,600
2016 $4,806 $317,000 $128,500 $188,500
2015 $4,620 $293,700 $122,400 $171,300
2014 $4,297 $266,900 $111,200 $155,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73117815

MLS Property Information Network (MLS PIN)

APN: MALD-000065-000311-000123