NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,233,775

6 Beds
6 Baths
3,652 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $780,000 $214 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,391/month

2 Days on Market

Highlights

  • Deck
  • Porch
  • 2-minute walk to North Strand Bike Path
  • Wood Flooring

About This Home

As of March 2021

Great opportunity to own a three-family property in Malden with off-street parking and easy access to Sullivan Square and Wellington Station! The property has updated windows, is in great condition and well maintained while preserving original woodwork, bordered-inlay hardwood floors, and built-ins with leaded glass. Each unit has two bedrooms, hardwood floors, an eat-in kitchen, laundry hookups, a living room, and a dining room. First and second floors have a back porch. The property is fully tenanted and a fantastic investment. Two of the three units have a lease, 2nd floor unit is Tenant at Will. With great bones and amazing cashflow this is the best deal on the market in Malden.

Last Agent to Sell the Property

Guy Contaldi

Advisors Living - Boston Listed on: 02/01/2021

Advisors Living - Boston

Co-Listed By

Tracy Hollander

Advisors Living - Boston

Last Buyer's Agent

Guy Contaldi

Advisors Living - Boston Listed on: 02/01/2021

Advisors Living - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $98

Year Built

  • Built in 1900

Lot Details

  • 3,049

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Deck
  • Porch

Utilities

  • Natural Gas Water Heater
  • Oil Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:126 B:484 L:427

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$98

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 210.57
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Vinyl
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Fbh: 3
  • Total Hbh: 3
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full, Walk Out, Unfinished Basement, Exterior Access
  • Main Lo: AN6181
  • Main So: AN6181
  • Estimated Sq Ft: 3652.00

Exterior Features

  • Construction: Block
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Wood
  • Foundation: Concrete Block
  • Foundation Size: 99999

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Hot Water: Oil, Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access

Lot Info

  • Assessments: 581600.00
  • Acre: 0.07
  • Lot Size: 3213.00
  • Page: 584
  • Parcel Number: M:126 B:484 L:427
  • Zoning: HB
  • Lot Description: Corner, Paved Drive, Easements

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Total Levels: 3
  • Total Rent: 5875
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 7357.00
  • Assessor Parcel Number: 599854
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 2, 2021
Sold by
Naccio Luca and Dirito Sabrina F
Bought by
Soni Vivek and Soni Rashi
Seller's Agent
Guy Contaldi
Advisors Living - Boston
Buyer's Agent
Guy Contaldi
Advisors Living - Boston
List Price
$769,000
Sold Price
$780,000
Premium/Discount to List
$11,000
1.43%
Current Estimated Value
$1,171,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,444
Avg. Annual Appreciation
8.75%
Original Mortgage
$585,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 24, 2017
Closed on
Dec 22, 2017
Sold by
Shapiro Maxim E
Bought by
Naccio Luca
Seller's Agent
Tyler Scaglione
Cameron Real Estate Group
Buyer's Agent
Tyler Scaglione
Cameron Real Estate Group
List Price
$639,900
Sold Price
$595,000
Premium/Discount to List
-$44,900
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$535,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Yu Jimmy Ming and Kwong Siu Fong
Bought by
Shapiro Maxim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2001
Sold by
Birotte Evelyne
Bought by
Yu Jimmy Ming and Kwong Siu Fong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1996
Sold by
Fanning John J and Fanning Margaret
Bought by
Isaac Lecerne and Isaac Evelyne
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
Soni Vivek $780,000 None Available
Naccio Luca $595,000 --
Shapiro Maxim E $450,000 --
Shapiro Maxim E $450,000 --
Yu Jimmy Ming $325,000 --
Isaac Lecerne $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 198 Broadway Realty Llc $862,500
Closed 198 Broadway Realty Llc $862,500
Closed Soni Vivek $585,000
Previous Owner Naccio Luca $535,500
Previous Owner Shapiro Maxim E $427,500
Previous Owner Isaac Lecerne $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $780,000 +1.4% $214 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $769,000 +29.2% $211 / Sq Ft
12/29/2017 12/29/17 Sold $595,000 -0.8% $179 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
11/10/2017 11/10/17 Price Changed $599,900 -6.3% $180 / Sq Ft
10/24/2017 10/24/17 For Sale $639,900 -- $192 / 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 $98 $866,600 $202,800 $663,800
2024 $9,565 $818,200 $195,600 $622,600
2023 $9,244 $758,300 $173,800 $584,500
2022 $8,899 $720,600 $155,700 $564,900
2021 $7,759 $631,300 $155,700 $475,600
2020 $7,357 $581,600 $138,700 $442,900
2019 $7,176 $540,800 $132,200 $408,600
2018 $6,910 $490,400 $125,200 $365,200
2017 $6,701 $472,900 $125,200 $347,700
2016 $6,282 $414,400 $114,900 $299,500
2015 $5,985 $380,500 $109,500 $271,000
2014 $5,543 $344,300 $99,500 $244,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72780898

MLS Property Information Network (MLS PIN)

APN: MALD-000126-000484-000427