NOT LISTED FOR SALE

Estimated Value: $786,490 - $1,126,000

4 Beds
2 Baths
2,363 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $460,000 $195 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,817/month

64 Days on Market

About This Home

As of December 2017

**Open House Scheduled for Sunday, September 17, 2017 2:00 PM to 3:00 PM.** **Please do not approach property without prior consent from listing agent, property is occupied.** Great investment opportunity in Maplewood section of Malden. Ample room sizes. All working systems. Plenty of room for storage in the basement. Shared driveway leads to two off-street parking spaces in back. Private front entrances to units. Property in great condition, all a new buyer needs to do is continue to collect the rent. Both units are occupied by ideal tenants with excellent payment history.

Last Agent to Sell the Property

Austin Miglin

Realty Negotiations, LLC Listed on: 08/02/2017

Last Buyer's Agent

Charles Truong

RE/MAX Andrew Realty Services License #448552996

RE/MAX Andrew Realty Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$78

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive, Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Flooring: Wood, Tile
  • Basement: Full
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: AN3380
  • Main So: AC2354
  • Estimated Sq Ft: 2363.00

Exterior Features

  • Exterior: Stucco
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:152 B:570 L:004
  • Zoning: ResA
  • Acre: 0.08
  • Lot Size: 3458.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 2625
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Dec 6, 2017
Sold by
Chung Quynh and Tran Vivian
Bought by
Ly Tan C and Phan Minh
Seller's Agent
Austin Miglin
Realty Negotiations, LLC
Buyer's Agent
Charles Truong
RE/MAX Andrew Realty Services
List Price
$500,000
Sold Price
$460,000
Premium/Discount to List
-$40,000
-8%
Current Estimated Value
$917,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,123
Avg. Annual Appreciation
9.00%
Original Mortgage
$345,000
Outstanding Balance
$293,205
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$623,918

Purchase Details

Closed on
Apr 10, 2009
Sold by
Andre Ernst and Andre Claire
Bought by
Chung Quynh and Tran Vivian

Purchase Details

Closed on
Jun 12, 2006
Sold by
Andre Ernst
Bought by
Andre Claire and Andre Ernst

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Clement Marie J
Bought by
Andre Ernst

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1996
Sold by
Borriello Frank J and Borriello Laurie
Bought by
Clement Marie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1995
Sold by
Shorewood Fincl Inc
Bought by
Borriello Frank J and Borriello Laurie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1993
Sold by
Nup Hear
Bought by
Foster Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ly Tan C $460,000 --
Chung Quynh $169,000 --
Andre Claire -- --
Andre Ernst $450,000 --
Clement Marie J $140,000 --
Clement Marie J $140,000 --
Borriello Frank J $57,500 --
Borriello Frank J $57,500 --
Foster Mtg Corp $152,987 --
Foster Mtg Corp $152,987 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly Tan C $345,000
Previous Owner Andre Claire $490,500
Previous Owner Andre Ernst $360,000
Previous Owner Foster Mtg Corp $126,000
Previous Owner Foster Mtg Corp $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2017 12/06/17 Sold $460,000 -8.0% $195 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $500,000 +8.7% $212 / Sq Ft
08/18/2017 08/18/17 Off Market $460,000 -- --
08/02/2017 08/02/17 For Sale $500,000 -- $212 / 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 $78 $690,300 $215,900 $474,400
2024 $7,657 $655,000 $208,200 $446,800
2023 $7,145 $586,100 $185,000 $401,100
2022 $6,841 $553,900 $165,800 $388,100
2021 $6,807 $553,900 $165,800 $388,100
2020 $6,434 $508,600 $147,700 $360,900
2019 $6,298 $474,600 $140,700 $333,900
2018 $7,313 $519,000 $140,700 $378,300
2017 $6,974 $492,200 $140,700 $351,500
2016 $6,402 $422,300 $129,100 $293,200
2015 $6,194 $393,800 $123,000 $270,800
2014 $5,836 $362,500 $111,800 $250,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72207904

MLS Property Information Network (MLS PIN)

APN: MALD-000152-000570-000004