B
Seller's Agent in 2020
Branch Out Residential Team
Coldwell Banker Realty - Boston
71 Total Sales
23 Fairmont St Malden, MA 02148
Belmont NeighborhoodEstimated Value: $1,071,000 - $1,320,967
7
Beds
3
Baths
2,606
Sq Ft
$452/Sq Ft
Est. Value
About This Home
As of September 2020Here is an opportunity you don't want to miss at 23 Fairmont St. With strong monthly rent, this is a great opportunity for the savvy investor or owner occupant. All three units are currently rented. All three units are in turn key shape with plenty of parking and a newly paved back yard. The electric service is recently updated to the property as well. There is coin-opp laundry in the basement providing additional monthly income. The location is convenient being within minutes of Malden Center, Malden train, many Malden public schools and major bus routes. It's rare to find a 3 family on the market in Malden, don't miss your chance to own one!
Last Agent to Sell the Property
Coldwell Banker Realty - Boston Listed on: 05/26/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $103
Year Built
- Built in 1900
Lot Details
- 3,485
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:080 B:364 L:409
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2020
Closed on
Aug 19, 2020
Sold by
Adhikari Prajwal and Bista Sushma
Bought by
Selsov Roger V and Ricciardi Nicole A
Seller's Agent
Branch Out Residential Team
Coldwell Banker Realty - Boston
Buyer's Agent
Heather Cunningham
Advisors Living - Newton
List Price
$869,900
Sold Price
$895,000
Premium/Discount to List
$25,100
2.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,242
Avg. Annual Appreciation
4.62%
Original Mortgage
$716,000
Outstanding Balance
$643,653
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$479,917
Purchase Details
Listed on
Apr 29, 2018
Closed on
Aug 31, 2018
Sold by
23 Fairmont Street Rt
Bought by
Adhikari Prajwal
Seller's Agent
Frank Rossetti
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Marina Kotlyar
RE/MAX Vision
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%
Original Mortgage
$520,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2007
Sold by
Maietta Felicia R and Maietta Michael
Bought by
23 Fairmont Street Rt
Purchase Details
Closed on
Apr 7, 1989
Sold by
Acierno Luigi
Bought by
Maietta Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
10.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 1987
Sold by
Berardino Robert D
Bought by
Acierno Luigi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
10.47%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Selsov Roger V | $895,000 | None Available | |
| Adhikari Prajwal | $650,000 | -- | |
| 23 Fairmont Street Rt | -- | -- | |
| Maietta Michael | $21,500 | -- | |
| Acierno Luigi | $208,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Selsov Nicole R | $200,000 | |
| Open | Selsov Roger V | $716,000 | |
| Previous Owner | Adhikari Prajwal | $520,000 | |
| Previous Owner | Acierno Luigi | $130,000 | |
| Previous Owner | Acierno Luigi | $13,000 | |
| Previous Owner | Acierno Luigi | $164,000 | |
| Previous Owner | Acierno Luigi | $176,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2020 09/01/20 | Sold | $895,000 | +2.9% | $343 / Sq Ft |
| 06/02/2020 06/02/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $869,900 | +33.8% | $334 / Sq Ft |
| 08/31/2018 08/31/18 | Sold | $650,000 | 0.0% | $249 / Sq Ft |
| 06/29/2018 06/29/18 | Pending | -- | -- | -- |
| 06/26/2018 06/26/18 | Price Changed | $650,000 | -3.0% | $249 / Sq Ft |
| 06/24/2018 06/24/18 | Price Changed | $670,000 | -2.2% | $257 / Sq Ft |
| 04/29/2018 04/29/18 | For Sale | $685,000 | -- | $263 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $103 | $906,700 | $280,400 | $626,300 |
| 2024 | $9,954 | $851,500 | $264,800 | $586,700 |
| 2023 | $9,629 | $789,900 | $241,400 | $548,500 |
| 2022 | $9,256 | $749,500 | $218,100 | $531,400 |
| 2021 | $7,235 | $588,700 | $194,700 | $394,000 |
| 2020 | $7,002 | $553,500 | $188,100 | $365,400 |
| 2019 | $6,819 | $513,900 | $179,100 | $334,800 |
| 2018 | $8,144 | $578,000 | $148,000 | $430,000 |
| 2017 | $7,832 | $552,700 | $142,100 | $410,600 |
| 2016 | $6,141 | $405,100 | $130,400 | $274,700 |
| 2015 | $5,957 | $378,700 | $124,200 | $254,500 |
| 2014 | $5,622 | $349,200 | $112,900 | $236,300 |
Source: Public Records
Agents Affiliated with this Home
-
Branch Out Residential Team
-
Peter Pezzano
Seller Co-Listing Agent in 2020
Peter Pezzano
Rise Signature Homes
(617) 913-2730
26 Total Sales
-
Heather Cunningham
Buyer's Agent in 2020
Heather Cunningham
Advisors Living - Newton
(508) 922-8104
51 Total Sales
-
Frank Rossetti
Seller's Agent in 2018
Frank Rossetti
Coldwell Banker Realty - Lynnfield
(781) 718-4662
50 Total Sales
-
Marina Kotlyar
Buyer's Agent in 2018
Marina Kotlyar
RE/MAX
(917) 617-1735
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72662074
APN: MALD-000080-000364-000409
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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