NOT LISTED FOR SALE

259 Forest St Unit 261 Malden, MA 02148

Forestdale Neighborhood

Estimated Value: $923,907 - $973,000

5 Beds
2 Baths
2,018 Sq Ft
$473/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2021

Last sale price $810,000 $401 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,133 / mo

45 Days on Market

About This Home

As of October 2021

**NEW PRICE** OPEN HOUSE SATURDAY 8/28 12-130! A fantastic opportunity to own a two-family home in a desirable Malden location. Located a short distance from schools, parks/playgrounds, the bus line, Oak Grove T-station and just a mile and a half from Malden Center makes it great for an owner occupant or investor. Both units will be vacant, have recently been updated with fresh paint, new flooring, newer SS appliances, and also include updated kitchen and baths to name a few. There is an oversized detached 2 car garage built to also be a great work area. Off-street parking for 4 cars, a large shed, new vinyl siding, and roof. The basement is unfinished but has great storage space and laundry. This well maintained two-family home is ready for a new owner occupant or investor owner.

Last Agent to Sell the Property

Sheldon Hampton

Lamacchia Realty, Inc. Listed on: 07/15/2021

Lamacchia Realty, Inc.

Last Buyer's Agent

The Moving Great Boston Team

Berkshire Hathaway HomeServices Warren Residential

Berkshire Hathaway HomeServices Warren Residential

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 5,663

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Utilities

  • 2 Cooling Zones
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Off Main Street.
  • Garage Yn: Yes
  • Efficiency: Thermostat
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator - ENERGY STAR), Unit 2(Range,Dishwasher,Disposal,Washer,Dryer,Refrigerator - ENERGY STAR,Rangetop - ENERGY STAR), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Unfinished
  • MAIN LO: B99241
  • MAIN SO: AN2213
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Tile,Carpet,Marble,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wall to Wall Carpet,Stone/Ceramic Tile Floor)
  • Interior Amenities: Sunroom, Unit 1(Pantry,Upgraded Cabinets,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Programmable Thermostat), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Other Equipment: Unit 1 Intercom, Unit 2 Intercom
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Buyer/Buyers Agent To Perform Their Own Due Diligence. No Warranties Or Representations Made By Seller Or Listing Broker.
  • Exclusions: Unit 1 Living Room Tv Mount. Any Personal Belongings.
  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Deck - Composite
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(Ductless Mini-Split System), Unit 2(Ductless Mini-Split System)
  • Heating: Unit 1(Electric Baseboard,Gas,Ductless Mini-Split System), Unit 2(Electric Baseboard,Gas,Ductless Mini-Split System)
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 2
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Unit 1 Security System, Unit 2 Security System
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Public School, T-Station

Lot Info

  • LOT SIZE: 5500
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5662.8
  • Zoning: ResA

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 2
  • LEASE 2: N
  • LEASE 1: N
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7120.38
  • Tax Block: 778
  • Tax Book Number: 74975
  • Tax Lot: 802
  • Tax Map Number: 107
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 8, 2021
Sold by
Bought by
Seller's Agent
Sheldon Hampton
Lamacchia Realty, Inc.
Buyer's Agent
The Moving Great Boston Team
Berkshire Hathaway HomeServices Warren Residential
List Price
$860,000
Sold Price
$810,000
Premium/Discount to List
-$50,000
-5.81%
Current Estimated Value
$954,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,477
Avg. Annual Appreciation
3.55%
Original Mortgage
$782,966
Outstanding Balance
$703,057
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$251,420

Purchase Details

Closed on
Jun 25, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,890
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$810,000 None Available
-- None Available
$506,200 --
-- --
-- --
-- --
-- --
$320,000 --
$225,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $782,966
Previous Owner $480,890
Previous Owner $214,000
Previous Owner $256,000
Previous Owner $55,800
Previous Owner $202,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $810,000 -5.8% $401 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $860,000 -- $426 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $100 $883,700 $311,700 $572,000
2024 $9,748 $833,900 $294,900 $539,000
2023 $9,467 $776,600 $269,600 $507,000
2022 $7,415 $600,400 $244,300 $356,100
2021 $7,121 $579,400 $223,300 $356,100
2020 $6,888 $544,500 $212,300 $332,200
2019 $6,311 $475,600 $202,200 $273,400
2018 $6,040 $428,700 $170,600 $258,100
2017 $5,814 $410,300 $170,600 $239,700
2016 $5,489 $362,100 $162,200 $199,900
2015 $5,309 $337,500 $152,900 $184,600
2014 $4,989 $309,900 $139,000 $170,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72866387

MLS Property Information Network (MLS PIN)

APN: MALD-000107-000778-000802

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