NOT LISTED FOR SALE

Estimated Value: $1,000,000 - $1,206,000

4 Beds
4 Baths
2,420 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $850,000 $351 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,859/month

8 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Tennis Courts
  • Waterfront
  • Wood Flooring
  • Jogging Path

About This Home

As of September 2021

Location! Location! Location! Dreaming of owning a 2-Family in the heart of Malden? This one is a commuter's dream with short trek to Malden center & Oak Grove stations (Orange Line), Second unit can be rented out to give you investment back consistently. Walk-up attic from 2nd floor gives you the potential to expand living area. Second unit is currently renting until 08/31/2021. 2002: repaired and rebuilt the chimney and had brand new roof shingles installed; 2006: 1st floor bathroom was remodeled; 2012: the front porch was redone; 2018: major updates were made on 2nd floor – new kitchen, new bathroom window, all walls painted and the floors re-done on the 2nd floor, plus all new appliances in the kitchen and bathroom; 2020: painted the house exterior and installed a new handrail on front porch; 2021: re-did the back entrance way. Enjoy many restaurants, bars and shops found in Malden! Great opportunity for both home buyer and investor! Excellent rental history or great investment!

Last Agent to Sell the Property

Wenjia Yang

EHomie Boston Listed on: 06/23/2021

Last Buyer's Agent

Wenjia Yang

EHomie Boston Listed on: 06/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,696

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Stone Wall
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2,420 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $2,300
  • Assessor Parcel Number M:012 B:080 L:006,591498

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,696

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Crown Molding,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 2
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Living Area: 2420
  • Stories Total: 3
  • MAIN LO: G62134
  • LIST PRICE PER Sq Ft: 342.56
  • PRICE PER Sq Ft: 351.24
  • MAIN SO: G62134

Exterior Features

  • Exterior Features: Garden, Stone Wall
  • Construction Materials: Frame, Stone
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Patio
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: M:012 B:080 L:006,591498
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4919
  • PAGE: 32

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7696
  • Tax Book Number: 70326

Multi Family

  • Gross Income: 27600
  • Net Operating Income: 27600
  • Number Of Units Total: 2
  • Total Actual Rent: 2300
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2025
Sold by
Zhuo Lei and Chen Yanyun Y
Bought by
Zhuo Lei and Zhuo Healy
Current Estimated Value
$1,129,717

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 23, 2021
Sold by
Jennings Rebeccah B
Bought by
Zhuo Lei and Chen Yanyun
Seller's Agent
Wenjia Yang
EHomie Boston
Buyer's Agent
Wenjia Yang
EHomie Boston
List Price
$829,000
Sold Price
$850,000
Premium/Discount to List
$21,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$637,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2017
Sold by
Born Stephen
Bought by
Jennings Rebeccah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Tully Thomas M
Bought by
Born Stephen M and Jennings Rebeccah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhuo Lei -- None Available
Zhuo Lei -- None Available
Zhuo Lei $850,000 None Available
Jennings Rebeccah B $316,250 --
Born Stephen M $419,000 --
Born Stephen M $419,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhuo Lei $637,500
Previous Owner Jennings Rebeccah B $456,000
Previous Owner Born Stephen M $346,500
Previous Owner Born Stephen M $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $850,000 +2.5% $351 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $829,000 -- $343 / 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 $10,434 $921,700 $304,200 $617,500
2024 $10,140 $867,400 $287,800 $579,600
2023 $9,819 $805,500 $263,100 $542,400
2022 $7,987 $646,700 $238,400 $408,300
2021 $7,696 $626,200 $217,900 $408,300
2020 $7,424 $586,900 $207,200 $379,700
2019 $7,265 $547,500 $197,300 $350,200
2018 $7,886 $559,700 $166,500 $393,200
2017 $7,662 $540,700 $166,500 $374,200
2016 $6,993 $461,300 $158,300 $303,000
2015 $6,740 $428,500 $149,200 $279,300
2014 $6,337 $393,600 $135,700 $257,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72855289

MLS Property Information Network (MLS PIN)

APN: MALD-000012-000080-000006