NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,173,000

5 Beds
3 Baths
2,984 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $961,000 $322 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,804/month

6 Days on Market

Highlights

  • Marina
  • Waterfront
  • Wood Flooring
  • Medical Services
  • Property is near public transit and schools
  • 3-minute walk to Arthur Nelson Playground

About This Home

As of June 2022

Great investment opportunity in Malden! This multifamily home features 3 units, two 2 bedroom and one 1-bedroom units, each with separate utilities, spacious rooms, plenty of natural light, off-street parking and a 2 car garage. Coin-operated washer & drier ( negotiable) Conveniently located to Encore Boston Harbor, Logan Airport, public transportation, highways, and shopping! Schedule your appointment today!

Last Agent to Sell the Property

Jean Cullinane

Lamacchia Realty, Inc. Listed on: 04/07/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Cora Zhang

Green Island Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,651

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 2,984 Sq Ft Home
  • Triplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • No Cooling
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Dishwasher
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,550
  • Assessor Parcel Number 599677

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,651

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl,Concrete,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub & Shower,Programmable Thermostat,Other (See Remarks)), Unit 2(Ceiling Fans,Pantry,Stone/Granite/Solid Counters,Bathroom With Tub & Shower,Programmable Thermostat,Other (See Remarks)), Unit 3(Stone/Granite/Solid Counters,Bathroom with Shower Stall,Programmable Thermostat,Other (See Remarks)), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 3 Rooms(Living Room,Kitchen,Office/Den,Other (See Remarks))
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Dishwasher,Microwave), Unit 3(Range,Dishwasher,Microwave), Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 2984
  • Stories Total: 6
  • MAIN LO: AN2314
  • MAIN SO: AN4597

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame, Conventional (2x4-2x6)
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Creek, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: 100 Amp Service, 200+ Amp Service, Other (See Remarks)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 599677
  • Zoning: multi-unit
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4979

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8651

Multi Family

  • Net Operating Income: 42600
  • Number Of Units Total: 3
  • Total Actual Rent: 3550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2010
Sold by
Kerr Eric P and Kerr Kelly A
Bought by
Albanese Giuseppe
Current Estimated Value
$1,092,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Outstanding Balance
$204,452
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$887,572

Purchase Details

Closed on
Jan 14, 2009
Sold by
Amrioui Jamila and Fdic
Bought by
Kerr Eric P

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
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2005
Sold by
Damaceno Simone L
Bought by
Amrioui Jamila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Pena Helder A
Bought by
Damaceno Simone L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
Dechicco Esther J Est
Bought by
Pena Helder A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,850
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Albanese Giuseppe $410,000 --
Kerr Eric P $250,000 --
Amrioui Jamila $580,000 --
Damaceno Simone L $420,000 --
Pena Helder A $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albanese Giuseppe $303,750
Previous Owner Kerr Eric P $200,000
Previous Owner Amrioui Jamila $551,000
Previous Owner Damaceno Simone L $336,000
Previous Owner Pena Helder A $70,000
Previous Owner Pena Helder A $173,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $961,000 +0.1% $322 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $959,900 -- $322 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $111 $980,300 $230,800 $749,500
2024 $10,824 $925,900 $222,500 $703,400
2023 $10,170 $834,300 $197,800 $636,500
2022 $8,651 $700,500 $177,200 $523,300
2021 $9,562 $778,000 $177,200 $600,800
2020 $9,097 $719,100 $157,800 $561,300
2019 $8,426 $635,000 $150,400 $484,600
2018 $8,586 $609,400 $150,400 $459,000
2017 $8,346 $589,000 $150,400 $438,600
2016 $7,889 $520,400 $138,100 $382,300
2015 $7,560 $480,600 $131,500 $349,100
2014 $7,049 $437,800 $119,500 $318,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964418

MLS Property Information Network (MLS PIN)

APN: MALD-000123-000487-000704