NOT LISTED FOR SALE

Estimated Value: $913,401 - $1,147,000

6 Beds
6 Baths
2,499 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $818,000 $327 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,597/month

7 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Tandem Parking
  • Property is near public transit
  • Porch
  • 5-minute walk to Newman Park

About This Home

As of May 2022

Two-family residence in the heart of Malden. The first unit encompasses the first level and opens to the eat-in-kitchen and adjoining living room. Two bedrooms and a full bath complete the first unit. The second unit commands the top two levels and has four bedrooms, one full bath, a living room, eat-in kitchen and dining room. Washer and dryer hookups in each unit, vinyl windows, and recently updated plumbing for lots of possibilities. Outside are three off-street parking spaces and a well-proportioned fenced in yard. Convenient to the Orange Line T, Malden Square, schools, parks, and beyond to Boston via Commuter Rail or freeway.

Last Agent to Sell the Property

Guy Contaldi

Advisors Living - Boston Listed on: 03/21/2022

Advisors Living - Boston

Last Buyer's Agent

Wilbur Chen

S&W Consulting Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,646

Year Built

  • Built in 1875

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,499 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 2 Heating Zones
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:086 B:411 L:113,596905

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,646

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1875
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet,Laminate,Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 2
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup
  • Living Area: 2499
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN1921
  • LIST PRICE PER Sq Ft: 299.72
  • PRICE PER Sq Ft: 327.33
  • MAIN SO: AN4817

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Sidewalks

Lot Info

  • Parcel Number: M:086 B:411 L:113,596905
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • LOT SIZE: 6421
  • PAGE: 262

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7646
  • Tax Book Number: 64733

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • 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
Jan 20, 2017
Sold by
Ioakim Adam and Ioakin George
Bought by
17 Stearns Street Llc
Current Estimated Value
$1,012,100

Purchase Details

Listed on
Oct 20, 2014
Closed on
Dec 30, 2014
Sold by
Cutone Daniel J and Cutone Cecelia E
Bought by
Iokim Adam and Iokim George
Seller's Agent
Regina Paratore
RE/MAX 360
Buyer's Agent
Guy Contaldi
Advisors Living - Boston
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$330,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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
17 Stearns Street Llc -- --
Iokim Adam $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cambridge Business Llc $1,000,000
Previous Owner Iokim Adam $330,000
Previous Owner Cutone Daniel J $35,000
Previous Owner Cutone Daniel J $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $818,000 +9.2% $327 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $749,000 +70.2% $300 / Sq Ft
12/30/2014 12/30/14 Sold $440,000 +10.0% $198 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $399,900 -- $180 / 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 $90 $795,600 $314,900 $480,700
2024 $8,738 $747,500 $297,400 $450,100
2023 $8,440 $692,400 $271,200 $421,200
2022 $7,646 $619,100 $244,900 $374,200
2021 $7,287 $592,900 $218,700 $374,200
2020 $7,952 $628,600 $211,200 $417,400
2019 $7,560 $569,700 $201,200 $368,500
2018 $7,245 $514,200 $166,200 $348,000
2017 $6,960 $491,200 $159,600 $331,600
2016 $5,456 $359,900 $146,500 $213,400
2015 $5,183 $329,500 $139,500 $190,000
2014 $4,880 $303,100 $126,800 $176,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72955487

MLS Property Information Network (MLS PIN)

APN: MALD-000086-000411-000113