NOT LISTED FOR SALE

2-4 Chester St Malden, MA 02148

West End Neighborhood

Estimated Value: $1,148,000 - $1,611,237

9 Beds
3 Baths
3,639 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $1,125,000 $309 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,746/month

3 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Malden Center Station
  • Porch
  • Fenced Yard

About This Home

As of July 2020

Rare to market, big well maintained, west side three-family steps to Malden Center T Stop. Desirable Malden neighborhood with ease to all Malden Center amenities, great schools and public transportation. House offers recently renovated first and second floor apartments, insulated windows, maintenance free siding, basement W/D hookups, hardwood floors throughout, eat-in kitchens, pantries and private porches. Freshly paved driveway for six car parking. Rents are substantially below market rate due to stable, long term tenants on leases, first floor will be delivered vacant. Great property for all buyers whether investor, developer, family or first time. Upside value through increasing rents, updating heating systems or conducting full condo conversion. Don't miss out on this terrific opportunity as Malden continues to grow with current downtown development.

Last Agent to Sell the Property

Joseph Butler

The Carlin Company Listed on: 06/02/2020

Last Buyer's Agent

Joseph Butler

The Carlin Company Listed on: 06/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $135

Year Built

  • Built in 1900

Lot Details

  • 5,663

Additional Features

  • Wood Flooring
  • Porch
  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$135

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 269.03
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AN0430
  • Main So: AN0430
  • Estimated Sq Ft: 3639.00

Exterior Features

  • Roof Material: Rubber
  • Exterior: Shingles
  • Exterior Features: Porch, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Rented, Improved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Schools

  • Elementary School: Beebe School
  • Middle School: Beebe School

Lot Info

  • Assessments: 972900.00
  • Acre: 0.13
  • Lot Size: 5467.00
  • Page: 125
  • Zoning: ResA
  • Lot Description: Corner, Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 10607.00
  • Assessor Parcel Number: 593035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 17, 2020
Sold by
Touro Investments Llc
Bought by
Nordlaw Llc
Seller's Agent
Joseph Butler
The Carlin Company
Buyer's Agent
Joseph Butler
The Carlin Company
List Price
$979,000
Sold Price
$1,125,000
Premium/Discount to List
$146,000
14.91%
Total Days on Market
3
Current Estimated Value
$1,378,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,059
Avg. Annual Appreciation
4.25%
Original Mortgage
$828,000
Outstanding Balance
$742,347
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$635,712

Purchase Details

Closed on
Jan 15, 2013
Sold by
Chen Ning C
Bought by
Touro Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Fang Kuo Wei
Bought by
Chen Ning Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2003
Sold by
Lamere Reginald J and Lamere Julie A
Bought by
Fang Kuo Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.9%

Purchase Details

Closed on
May 30, 1997
Sold by
Antonelli Irene C and Piccirilli Susan P
Bought by
Lamere Reginald J and Lamere Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
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
Nordlaw Llc $1,125,000 None Available
Touro Investments Llc $558,000 --
Chen Ning Chun $627,000 --
Fang Kuo Wei $539,900 --
Lamere Reginald J $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordlaw Llc $828,000
Previous Owner Touro Investments Llc $432,000
Previous Owner Chen Ning Chun $470,000
Previous Owner Fang Kuo W $30,000
Previous Owner Fang Kuo Wei $404,950
Previous Owner Lamere Reginald J $214,000
Previous Owner Lamere Reginald J $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $1,125,000 +14.9% $309 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $979,000 -- $269 / 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 $135 $1,196,500 $295,400 $901,100
2024 $12,878 $1,101,600 $278,900 $822,700
2023 $12,948 $1,062,200 $254,300 $807,900
2022 $11,713 $948,400 $229,700 $718,700
2021 $10,666 $867,900 $205,100 $662,800
2020 $10,607 $838,500 $198,100 $640,400
2019 $11,054 $833,000 $188,700 $644,300
2018 $10,341 $733,900 $155,900 $578,000
2017 $9,372 $661,400 $149,700 $511,700
2016 $9,287 $612,600 $137,400 $475,200
2015 $7,679 $488,200 $130,900 $357,300
2014 $7,214 $448,100 $119,000 $329,100
Source: Public Records

Agents Affiliated with this Home

  • Joseph Butler

    Seller's Agent in 2020

    Joseph Butler

    The Carlin Company

    (339) 927-3205

    1 in this area

    4 Total Sales

    Joseph Butler
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72666415

MLS Property Information Network (MLS PIN)

APN: MALD-000030-000135-000515

Massachusetts Middlesex County Malden 02148 West End

2-4 Chester St, Malden, MA

This home is located at 2-4 Chester St, Malden, MA 02148 since 02 June 2020 and is currently estimated at $1,378,059, approximately $378 per square foot. This property was built in 1900. 2-4 Chester St is a home located in Middlesex County with nearby schools including Malden High School, Mystic Valley Regional Charter School, and Cheverus Catholic School.

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