NOT LISTED FOR SALE

Estimated Value: $780,846 - $1,177,000

4 Beds
3 Baths
3,009 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $590,000 $196 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,330/month

72 Days on Market

About This Home

As of February 2018

Incredible opportunity to own an oversized two family located on top of the world in Malden. Excellent income potential w/ amazing views all the way to Boston. This lovely home features a generous sized, four room, one bedroom apartment on the first floor. The owner's unit encompasses the second and third floors. It features a sitting area and den, each with it's own wood stove, central ac on the third floor and lots of closet space. There is a large cedar closet in the entry foyer. A wood bar spans the living room in the finished lower level which features a summer kitchen and full bath. Use as extra space for entertaining, in law or au pair potential. The lower level also features a warming pellet stove. Separate utilities for each unit include electric, gas furnaces and a laundry room with separate washers and dryers. Workbench area off of the laundry room. A lovely concrete patio leads to newly built stairs to a grassed, fenced in yard. First floor currently rented below market.

Last Agent to Sell the Property

Heidi Rossicone

Barrett, Chris. J., REALTORS® Listed on: 10/18/2017

Last Buyer's Agent

Ben Chudak

Ben Chudak

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$95

Year Built

1870

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Private School, Public School, T-Station
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Partially Finished
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: B50201
  • Main So: AN3068
  • Estimated Sq Ft: 3009.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Hot Tub/Spa
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Oven, for Gas Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:116 B:715 L:513
  • Zoning: ResA
  • Acre: 0.10
  • Lot Size: 4210.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 12
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Feb 16, 2018
Sold by
Story David M and Story Yvonne M
Bought by
Zhang Yu and Liu Wenying
Seller's Agent
Heidi Rossicone
Barrett, Chris. J., REALTORS®
Buyer's Agent
Ben Chudak
Ben Chudak
List Price
$624,900
Sold Price
$590,000
Premium/Discount to List
-$34,900
-5.58%
Current Estimated Value
$963,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,712
Avg. Annual Appreciation
6.68%
Original Mortgage
$450,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhang Yu $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Wenying $430,000
Closed Zhang Yu $433,000
Closed Zhang Yu $450,000
Previous Owner Story David M $100,000
Previous Owner Story David M $79,000
Previous Owner Story David M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $590,000 -5.6% $196 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/18/2017 12/18/17 For Sale $624,900 0.0% $208 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $624,900 -- $208 / 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 $95 $843,200 $280,300 $562,900
2024 $9,306 $796,100 $265,100 $531,000
2023 $9,205 $755,100 $242,400 $512,700
2022 $8,419 $681,700 $219,700 $462,000
2021 $8,145 $662,700 $200,700 $462,000
2020 $7,839 $619,700 $190,900 $428,800
2019 $8,357 $629,800 $181,800 $448,000
2018 $8,665 $615,000 $153,400 $461,600
2017 $8,399 $592,700 $153,400 $439,300
2016 $6,840 $451,200 $145,800 $305,400
2015 $6,503 $413,400 $137,500 $275,900
2014 $6,013 $373,500 $125,000 $248,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72244563

MLS Property Information Network (MLS PIN)

APN: MALD-000116-000715-000513