$388,000
SOLD OCT 24, 2024
1 Bed
1 Bath
751 Sq Ft
$386/mo HOA Fee

Recently Sold

$517 Per Sq Ft

8% Below List Price

38 Days on Market

Highlights

  • Fitness Center
  • Property is near public transit
  • Elevator
  • Deck
  • Jogging Path
  • 1 Car Attached Garage

About This Home

As of October 2024

Welcome Home to Malden Place Condominiums! This professoionally managed building and well cared for unit features an open concept floor plan,large windows , one spacious bedroom with an oversized closet. The kitchen boasts ample cabinet space, in unit laundry, one full bathroom, central air, and one deeded parking spot in covered carport near the rear entrance for conveniant access. There is an elevator for easy access as well as a function room for all your party needs, a full gym for working out and extra assigned storage space. This building is conveniently located next to the Malden Bike Trail , Malden Center Orange line station, MBTA commuter rail, multiple bus lines and nearby highways. Come and enjoy all the new restaraunts and shoppping Malden has to offer!

Last Agent to Sell the Property

Varujan Abalian

1 Plus 1 Realty LLC. Listed on: 08/14/2024

Last Buyer's Agent

Jacob Eddy

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 2005

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 751 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Ferry Way Elementary School
  • Malden High School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number M:094 B:738 L:801206,4523588

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal
  • 116 Units
  • Mid-Rise Condominium
  • Malden Place Condominiums Community

Amenities

  • Common Area
  • Shops
  • Elevator

Recreation

  • Fitness Center
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,243

Year Built

Built in 2005

Lot Details

0

HOA Fees

$386 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 2005
  • Entry Level: 2
  • Year Built Details: Actual
  • Year Round: Yes
  • Compensation Based On: Compensation Offered but Not in MLS
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet
  • Interior Amenities: Internet Available - Broadband
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit, Electric Dryer Hookup
  • Basement: N
  • Living Area: 751
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4438
  • LIST PRICE PER Sq Ft: 532.49
  • PRICE PER Sq Ft: 516.64
  • MAIN SO: AN2383
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck - Vinyl
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Vinyl
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Carport, Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center
  • Association Fee: 386
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 206
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:094 B:738 L:801206,4523588
  • Zoning: ResC
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 441
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4243
  • Tax Book Number: 62954

Multi Family

  • Number Of Units Total: 116
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Malden High
  • Elementary School: Ferry Way

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 24, 2024
Sold by
Carrig John C
Bought by
Lu Carlos L and Lu Mona C
Seller's Agent
Varujan Abalian
1 Plus 1 Realty LLC.
Buyer's Agent
Jacob Eddy
Compass
List Price
$420,000
Sold Price
$388,000
Premium/Discount to List
-$32,000
-7.62%
Views
50
Current Estimated Value
$402,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,199
Avg. Annual Appreciation
3.96%
Original Mortgage
$291,000
Outstanding Balance
$289,237
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,243

Purchase Details

Listed on
Nov 21, 2013
Closed on
Nov 20, 2013
Sold by
Pesce Frances M
Bought by
Carrig John C
Seller's Agent
Bruce Sanderson
Martocchia REALTORS®
Buyer's Agent
Bruce Sanderson
Martocchia REALTORS®
Sold Price
$1,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
May 20, 2005
Sold by
Malden Place Llc
Bought by
Pesce Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,840
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Condominium Deed $388,000 None Available
Condominium Deed $388,000 None Available
Deed $190,500 --
Deed $190,500 --
Deed $250,800 --
Deed $250,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,000 Purchase Money Mortgage
Closed $291,000 Purchase Money Mortgage
Previous Owner $199,840 Purchase Money Mortgage
Previous Owner $24,980 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $388,000 -3.0% $517 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
08/31/2024 08/31/24 Price Changed $399,900 -4.8% $532 / Sq Ft
08/14/2024 08/14/24 For Sale $420,000 0.0% $559 / Sq Ft
11/21/2013 11/21/13 Rented $1,450 0.0% --
11/21/2013 11/21/13 For Rent $1,450 0.0% --
11/19/2013 11/19/13 Sold $190,500 -2.3% $254 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
10/11/2013 10/11/13 Price Changed $194,900 -2.1% $260 / Sq Ft
09/20/2013 09/20/13 Price Changed $199,000 -2.9% $265 / Sq Ft
07/30/2013 07/30/13 For Sale $204,900 -- $273 / 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 $45 $401,400 $0 $401,400
2024 $4,243 $363,000 $0 $363,000
2023 $4,304 $353,100 $0 $353,100
2022 $4,230 $342,500 $0 $342,500
2021 $3,671 $298,700 $0 $298,700
2020 $3,868 $305,800 $0 $305,800
2019 $3,801 $286,400 $0 $286,400
2018 $3,528 $250,400 $0 $250,400
2017 $3,280 $231,500 $0 $231,500
2016 $3,362 $221,800 $0 $221,800
2015 $2,866 $182,200 $0 $182,200
2014 $2,758 $171,300 $0 $171,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73277956

MLS Property Information Network (MLS PIN)

APN: MALD-000094-000738-801206