NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,153,000

5 Beds
3 Baths
2,341 Sq Ft
$418/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $755,000 $323 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,295/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Balcony
  • Deck
  • Jogging Path
  • Enclosed Patio or Porch

About This Home

As of April 2022

Natural light and space abound in this gorgeous home. Extremely desirable location on a quiet treelined street in Malden. Has an enclosed porch and a wood deck. The first-floor unit has 2 beds with 1 bath. The second-floor unit is a 3 bed with 1 bath. Tons of space and storage and close to public transportation, parks, shops, and eateries in Malden. Proximity to Route 1, I93, and 15 minutes to Assembly Station on the Orange line makes commuting easy!

Last Agent to Sell the Property

Alexis Lograsso

Redfin Corp. License #448554288 Listed on: 02/17/2022

Redfin Corp.

Last Buyer's Agent

Helen Praysman

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,510

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,341 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Beebe Elementary School
  • Forestdale Middle School
  • Malden High School

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $4,100
  • Assessor Parcel Number M:086 B:414 L:409,596940

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,510

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • 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: Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Other, Other (See Remarks), Unit 1(Ceiling Fans,Bathroom With Tub), Unit 2(Ceiling Fans,Storage,Upgraded Cabinets,Upgraded Countertops), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Other, Oil Water Heater,Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Bulkhead, Concrete, Unfinished
  • Living Area: 2341
  • Stories Total: 3
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 290.05
  • PRICE PER Sq Ft: 322.51
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Deck - Wood, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Other, Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Oil)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station

Lot Info

  • Parcel Number: M:086 B:414 L:409,596940
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6303
  • PAGE: 269

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7510
  • Tax Book Number: 70060

Multi Family

  • Gross Income: 49200
  • Net Operating Income: 49200
  • Number Of Units Total: 2
  • Total Actual Rent: 4100
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Malden High
  • Elementary School: Beebe School
  • Middle Or Junior School: Forestdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 8, 2022
Sold by
Dong Xiong and Hou Peng
Bought by
Ren Xi
Seller's Agent
Alexis Lograsso
Redfin Corp.
Buyer's Agent
Helen Praysman
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$679,000
Sold Price
$755,000
Premium/Discount to List
$76,000
11.19%
Current Estimated Value
$977,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,845
Avg. Annual Appreciation
2.66%
Original Mortgage
$528,500
Outstanding Balance
$501,928
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,089

Purchase Details

Listed on
Aug 10, 2017
Closed on
Oct 11, 2017
Sold by
Khatri Yashwanti V and Khatri Venilal J
Bought by
Dong Xiong and Hou Peng
Seller's Agent
Kevin Su
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Michelle Chen
Coldwell Banker Realty - Cambridge
List Price
$549,900
Sold Price
$555,000
Premium/Discount to List
$5,100
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$416,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1981
Bought by
Khatri Yashwanti and Khatri Venilal J
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
Ren Xi $755,000 None Available
Dong Xiong $555,000 --
Khatri Yashwanti $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Xi $528,500
Previous Owner Dong Xiong $416,250
Previous Owner Khatri Yashwanti $100,000
Previous Owner Khatri Yashwanti $117,185
Previous Owner Khatri Yashwanti $127,500
Previous Owner Khatri Yashwanti $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $755,000 +11.2% $323 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $679,000 +22.3% $290 / Sq Ft
10/11/2017 10/11/17 Sold $555,000 +0.9% $237 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $549,900 -- $235 / 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 $796,600 $313,400 $483,200
2024 $8,756 $749,000 $296,000 $453,000
2023 $8,456 $693,700 $269,900 $423,800
2022 $7,510 $608,100 $243,800 $364,300
2021 $7,153 $582,000 $217,700 $364,300
2020 $6,944 $548,900 $210,300 $338,600
2019 $6,818 $513,800 $200,300 $313,500
2018 $6,504 $461,600 $165,400 $296,200
2017 $7,052 $497,700 $158,900 $338,800
2016 $6,651 $438,700 $145,800 $292,900
2015 $6,368 $404,800 $138,900 $265,900
2014 $5,910 $367,100 $126,200 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72943872

MLS Property Information Network (MLS PIN)

APN: MALD-000086-000414-000409