NOT LISTED FOR SALE

Estimated Value: $866,805 - $1,050,000

3 Beds
2 Baths
1,980 Sq Ft
$463/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $800,000 $404 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,682/month

6 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Enclosed patio or porch
  • Property is near public transit
  • Jogging Path
  • 4-minute walk to Howard Park

About This Home

As of November 2023

Fantastic opportunity to get into the Malden market! Sited on a tree-lined street off Eastern Avenue this two unit home is ideal for those starting out to use rental income to help with mortgage, or a solid investment property. The freshly painted first floor is the larger of the two units offering flexible space, high ceilings, natural woodwork,enclosed front porch, plus laundry and bonus room in the basement. Bonus of central air on first floor. Second unit features large sunny eat-in-kitchen, laundry hookups, tiled bath, spacious living room with hw floor, generous size bedroom and office. All utilities are separate. There is a double width driveway that can accommodate four vehicles and a one-car garage with automatic door opener. All this on a 7,200 sq. ft fenced, level yard., perfect for back yard entertainment. Close proximity to public transportation, I93 and Rt. 1 for commuters, shopping, library and schools.

Last Agent to Sell the Property

Sheila Horne

Barrett Sotheby's International Realty Listed on: 09/13/2023

Last Buyer's Agent

Riode Jean Felix

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,744

Year Built

  • Built in 1929

Lot Details

  • 7,200 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,980 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Window Screens
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Salemwood K-8 Elementary School
  • Malden High School

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,000
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 599978

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,744

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1929
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Bathroom With Tub & Shower,Internet Available - Unknown), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Crawl Space, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 1980
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN0538
  • LIST PRICE PER Sq Ft: 398.99
  • PRICE PER Sq Ft: 404.04
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Porch,Porch - Enclosed,Storage Shed,Screens,Fenced Yard,Garden Area
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air)
  • Heating: Unit 1(Central Heat,Hot Water Baseboard,Gas,Unit Control)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 599978
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7200
  • Lot Size Units: Acres
  • PAGE: 295
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7744
  • Tax Book Number: 64025

Multi Family

  • Gross Income: 12000
  • Net Operating Income: 12000
  • Number Of Units Total: 2
  • Total Actual Rent: 1000
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Malden High
  • Elementary School: Salemwood K-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Aug 4, 2014
Sold by
Carenzo Michael T
Bought by
227 Capital Group Llc
Seller's Agent
Susan Keenan Faletra
L & A Realty
Buyer's Agent
Sheila Horne
Barrett Sotheby's International Realty
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$846,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,521
Avg. Annual Appreciation
5.61%
Original Mortgage
$330,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2003
Sold by
Ruscio Danielaa and Ruscio Pietrina
Bought by
Ruscio Daniela A
Source: Public Records

Range of Values:

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Average Value
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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
227 Capital Group Llc -- --
Ruscio Daniela A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medlock Melinda $525,000
Closed Carenzo Michael T $330,000
Previous Owner Ruscio Daniela A $200,000
Previous Owner Ruscio Daniela A $42,814
Previous Owner Ruscio Pietrina $40,000
Previous Owner Ruscio Pietrina $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $800,000 +1.3% $404 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $790,000 +79.5% $399 / Sq Ft
08/04/2014 08/04/14 Sold $440,000 -2.2% $240 / Sq Ft
07/05/2014 07/05/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $450,000 -- $245 / 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 $80 $705,500 $306,700 $398,800
2024 $7,725 $660,800 $288,600 $372,200
2023 $7,279 $597,100 $261,600 $335,500
2022 $6,969 $564,300 $239,000 $325,300
2021 $6,769 $550,800 $225,500 $325,300
2020 $6,478 $512,100 $208,400 $303,700
2019 $6,327 $476,800 $198,400 $278,400
2018 $6,036 $428,400 $164,600 $263,800
2017 $5,822 $410,900 $164,600 $246,300
2016 $5,626 $371,100 $151,100 $220,000
2015 $5,427 $345,000 $143,900 $201,100
2014 $5,067 $314,700 $130,800 $183,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73158850

MLS Property Information Network (MLS PIN)

APN: MALD-000127-000482-000212