NOT LISTED FOR SALE

181 Adams St Unit 183 Malden, MA 02148

Edgeworth Neighborhood

Estimated Value: $913,727 - $1,158,000

6 Beds
2 Baths
3,044 Sq Ft
$340/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $760,000 $250 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,817/month

8 Days on Market

Highlights

  • Covered Deck
  • Fenced Yard
  • Porch
  • Wood Flooring

About This Home

As of July 2019

Fantastic opportunity to purchase a two-family home in the desirable Edgeworth neighborhood of Malden near the Medford line and conveniently located less than 1 mile from Malden Center Station. Unit 1 consists of 2 bedrooms,1 bathroom, office/sunroom, mudroom, living room, dining room with built-in china cabinet, kitchen with granite counters and a rear deck. Unit 2 features central air conditioning and consists of 4 bedrooms, 1 bathroom, living room, dining room, kitchen and a rear deck. The 4th bedroom is located on the finished 3rd level and features a walk-in closet. Other features include hardwood floors, 1 car garage, large driveway with parking for up to 6 cars and a fenced in backyard. Laundry hookups for both units in the basement. Unit 1 is currently vacant. Unit 2 is currently rented tenant at will for $1,550 per month. Offers due Tuesday, May 21, at 12:00PM. Please make offers good for 24 hours.

Last Agent to Sell the Property

Anthony Bruno

Gibson Sotheby's International Realty Listed on: 05/15/2019

Gibson Sotheby's International Realty

Last Buyer's Agent

Sarah Reddick Shimoff

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $105

Year Built

  • Built in 1925

Lot Details

  • Year Round Access
  • Fenced Yard

Parking

  • 1 Car Garage

Interior Spaces

  • Window Screens
  • Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Covered Deck
  • Rain Gutters
  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$105

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 238.17
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Yes
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Unfinished Basement
  • Main Lo: BB5918
  • Main So: AN2383
  • Estimated Sq Ft: 3044.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Deck, Deck - Wood, Covered Patio/Deck, Gutters, Screens, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling Zones: 1
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, T-Station

Lot Info

  • Assessments: 673400.00
  • Acre: 0.13
  • Lot Size: 5577.00
  • Zoning: ResA
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 1550
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 8936.02
  • Assessor Parcel Number: 593401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 12, 2019
Sold by
Granfone Gina
Bought by
Steinmark Jared and Hocbo Antoinette
Seller's Agent
Anthony Bruno
Gibson Sotheby's International Realty
Buyer's Agent
Sarah Reddick Shimoff
Compass
List Price
$725,000
Sold Price
$760,000
Premium/Discount to List
$35,000
4.83%
Total Days on Market
8
Current Estimated Value
$1,034,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,682
Avg. Annual Appreciation
5.66%
Original Mortgage
$722,000
Outstanding Balance
$645,496
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,906
Source: Public Records

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Range of Values:

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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
Steinmark Jared $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinmark Jared $722,000
Previous Owner Trudd Arthur R $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $760,000 +4.8% $250 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $725,000 -- $238 / 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 $105 $928,500 $304,300 $624,200
2024 $10,226 $874,800 $287,400 $587,400
2023 $9,917 $813,500 $262,000 $551,500
2022 $9,513 $770,300 $236,700 $533,600
2021 $8,986 $731,200 $211,300 $519,900
2020 $8,388 $663,100 $204,100 $459,000
2019 $8,936 $673,400 $194,400 $479,000
2018 $8,627 $612,300 $160,600 $451,700
2017 $8,275 $584,000 $154,200 $429,800
2016 $6,508 $429,300 $141,600 $287,700
2015 $6,432 $408,900 $134,800 $274,100
2014 $6,039 $375,100 $122,600 $252,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72500088

MLS Property Information Network (MLS PIN)

APN: MALD-000034-000192-000230