NOT LISTED FOR SALE

Estimated Value: $1,128,000 - $1,185,000

6 Beds
3 Baths
3,185 Sq Ft
$364/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $1,100,000 $345 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,404/month

10 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Patio
  • Sun or Florida Room
  • Tandem Parking
  • 5-minute walk to Tartikoff Park

About This Home

As of August 2024

Build your portfolio! Live here and enjoy the rent in this great owner-occupied three family just waiting for the right investor to come along and make some great money! Walk to to Malden Center train station and vibrant downtown w/five star restaurants and gaming district for lots of entertainment or enjoy the near by Northern Strand bike/walking trail. Escape to Boston and points North in just minutes. The spacious owners unit features a huge eat-in kitchen w/tons of cabinetry and counterspace, laundry, four-seasoned sunroom w/built in a/c and sliders to private patio, large living room, spacious dining room, full bath and two large bedrooms. The second floor consists of living room, full bath, dining room (currently being used as 3rd bedroom), eat-in kitchen and two bedrooms. 3rd floor offers eat-in kitchen, spacious living room, full bath and two large bedrooms. Maintenance free vinyl siding, vinyl replacement windows and whole house generator! Tandem parking for 4 to 6 cars.

Last Agent to Sell the Property

Diane Chuha

Bond Realty, Inc. Listed on: 07/18/2024

Last Buyer's Agent

Key Kuen Ho

Blue Ocean Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,998

Year Built

  • Built in 1900

Lot Details

  • 4,413 Sq Ft Lot
  • Property fronts an easement

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,185 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

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

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 1 Cooling Zone
  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $4,400
  • Assessor Parcel Number M:102 B:733 L:314,4271493

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,998

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Trash Compactor
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Living Area: 3185
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: B91401
  • LIST PRICE PER Sq Ft: 307.66
  • PRICE PER Sq Ft: 345.37
  • MAIN SO: AN2056

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Wall Unit(s), None
  • Heating: Baseboard, Electric, Natural Gas, Forced Air
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 1
  • Hot Water: Natural Gas, Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:102 B:733 L:314,4271493
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4413
  • Lot Size Units: Acres
  • PAGE: 60
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8998
  • Tax Book Number: 66818

Multi Family

  • Gross Income: 50400
  • Net Operating Income: 50400
  • Number Of Units Total: 3
  • Total Actual Rent: 4400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2016
Sold by
Mcmahon Genevieve C
Bought by
20-22 Faulkner Street and Mcmahon
Current Estimated Value
$1,158,098

Purchase Details

Closed on
Jan 9, 2015
Sold by
20-22 Faulkner Street and Mcmahon
Bought by
Mcmahon Genevieve C

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
3.92%

Purchase Details

Closed on
Aug 13, 2014
Sold by
20-22 Faulkner Street and Mcmahon-Jones
Bought by
20-22 Faulkner Street and Mcmahon-Jones
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
20-22 Faulkner Street -- --
20-22 Faulkner Street -- --
Mcmahon Genevieve C -- --
Mcmahon Genevieve C -- --
20-22 Faulkner Street -- --
20-22 Faulkner Street -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon Genevieve C $200,000
Previous Owner 20-22 Faulkner St Nt $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $1,100,000 +12.3% $345 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $979,900 -- $308 / 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 $93 $820,000 $275,100 $544,900
2024 $8,998 $769,700 $259,900 $509,800
2023 $8,695 $713,300 $236,900 $476,400
2022 $8,339 $675,200 $214,000 $461,200
2021 $8,017 $652,300 $191,100 $461,200
2020 $7,328 $579,300 $184,600 $394,700
2019 $7,153 $539,000 $175,800 $363,200
2018 $6,882 $488,400 $145,200 $343,200
2017 $6,613 $466,700 $139,500 $327,200
2016 $6,234 $411,200 $128,000 $283,200
2015 $5,963 $379,100 $121,900 $257,200
2014 $5,537 $343,900 $110,800 $233,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73266633

MLS Property Information Network (MLS PIN)

APN: MALD-000102-000733-000314