$623,000 - $715,000
RENTED JUN 23, 2025

16 Oak Grove Terrace Malden, MA 02148

Oak Grove Neighborhood
3 Beds
1 Bath
1,269 Sq Ft
$533 Price per Sq Ft

Highlights

  • Deck
  • 5-minute walk to Oak Grove Station
  • Jogging Path
  • Property is near public transit
  • No HOA
  • Cooling Available

About This Home

As of June 2025

Beautifully maintained Victorian single family home in the heart of the highly desirable Oak Grove/West End area of Malden in quiet cul-de-sac. Home featuresfreshly updated kitchen, newly added private patio and fenced backyard, detached 1 car garage parking, porch, multiple gardens, washer/dryer, and plenty ofstorage space in the basement. Gleaming hardwoods throughout. Three spacious bedrooms. Master boasts walk-in closet. Home has new central air conditioning.New furnace and hot water heater. Commuter's dream. Home is a two minute walk to the Orange Line at Oak Grove and also has convenient access to 93. Fiveminute walk to trail access at the Middlesex Fells. 1 mile walk to Malden Center and its highly reviewed restaurant scene. Enjoy all the area has to offer with 20minute access to Boston off the T from this gorgeously cared for home. Owners pays for water and sewer.

Last Agent to Rent the Property

Maggie Li

William Raveis R.E. & Home Services Listed on: 06/06/2025

William Raveis R.E. & Home Services

Last Renter's Agent

Maggie Li

William Raveis R.E. & Home Services Listed on: 06/06/2025

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65

Year Built

  • Built in 1890

Lot Details

  • Garden

Parking

  • 1 Car Garage

Home Design

  • 1,269 Sq Ft Home

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Security Deposit $3,400
  • Property Available on 9/1/25
  • Rent includes water, sewer
  • Assessor Parcel Number 591340

Community Details

Recreation

  • Jogging Path

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$65

Year Built

Built in 1890

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2025-09-01
  • Lease Term: Lease Terms(1 Year),Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3400

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1890
  • Entry Level: 1
  • Year Built Details: Actual
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Above Grade Finished Sq Ft: 1269
  • Living Area: 1269
  • Spa YN: No
  • MAIN LO: BB3351
  • LIST PRICE PER Sq Ft: 2.68
  • PRICE PER Sq Ft: 2.68
  • MAIN SO: BB3351

Exterior Features

  • Exterior Features: Deck, Patio, Garden
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Public School, T-Station
  • Rent Includes: Water, Sewer
  • Senior Community YN: No

Lot Info

  • Parcel Number: 591340
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 0.05
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2012
Sold by
Hua Ming Corp
Bought by
Sutherland Stephen R
Current Estimated Value
$676,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$174,434
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$478,079

Purchase Details

Closed on
Apr 26, 2011
Sold by
Souza Brian T
Bought by
Hua Ming Corp

Purchase Details

Closed on
Aug 21, 2008
Sold by
Souza Kathleen
Bought by
Souza Brian Thomas
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
Sutherland Stephen R $280,000 --
Hua Ming Corp $205,000 --
Souza Brian Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutherland Stephen R $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Rented $3,400 0.0% --
06/06/2025 06/06/25 For Rent $3,400 +3.0% --
05/10/2024 05/10/24 Rented $3,300 -2.9% --
05/06/2024 05/06/24 Under Contract -- -- --
04/17/2024 04/17/24 For Rent $3,400 -- --
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 $65 $572,600 $267,000 $305,600
2024 $6,254 $535,000 $252,600 $282,400
2023 $6,063 $497,400 $231,000 $266,400
2022 $5,788 $468,700 $209,300 $259,400
2021 $5,988 $487,200 $191,300 $295,900
2020 $5,905 $466,800 $181,900 $284,900
2019 $5,404 $407,200 $173,200 $234,000
2018 $5,220 $370,500 $146,200 $224,300
2017 $5,159 $364,100 $146,200 $217,900
2016 $5,070 $334,400 $138,900 $195,500
2015 $5,035 $320,100 $131,000 $189,100
2014 $4,754 $295,300 $119,100 $176,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73387221

MLS Property Information Network (MLS PIN)

APN: MALD-000010-000073-000313