NOT LISTED FOR SALE

37 Walnut St Unit 39 Malden, MA 02148

Belmont Neighborhood

Estimated Value: $1,013,000 - $1,168,000

4 Beds
3 Baths
3,316 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $675,000 $204 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,115/month

18 Days on Market

About This Home

As of September 2017

A solid park-front three-family house for home owner/Investor's dreams to come true. Cap return rate is higher than market if fully leased. The green public ball park offers a fantastic view right from the porches. The three-decker home is within walking distance to Stop and Shop, convenience stores, schools, banks, restaurants and everything. Orange Line Malden Center T station and Commuter rail station are just a 10-minute walk away. Bus stations are across from Ferry Street. 4 private off-street parking spaces. Huge basement with a lot of storage space. Long term tenants with potentials of increased investment returns. The number works! Owner is moving overseas. Motivated to sell.

Last Agent to Sell the Property

Tianqi Wang

TQ Realty Inc. Listed on: 07/06/2017

Last Buyer's Agent

Tianqi Wang

TQ Realty Inc. Listed on: 07/06/2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$99

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Commission: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Basement: Unfinished Basement
  • Full Bathrooms: 3
  • Total Levels: 3
  • Main Lo: G95048
  • Main So: G95048
  • Estimated Sq Ft: 3316.00

Exterior Features

  • Construction: Frame
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, On Street Permit
  • Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:082 B:380 L:025
  • Zoning: ResA
  • Acre: 0.06
  • Lot Size: 2710.00

Multi Family

  • Foundation: 999
  • Total Bedrooms: 4
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 4270
  • Multi Family Type: 3 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
37-39 Walnut Street Llc
Bought by
Rana Deep S and Rana Garima
Current Estimated Value
$1,115,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Outstanding Balance
$435,421
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$672,050

Purchase Details

Listed on
Jul 6, 2017
Closed on
Oct 16, 2017
Sold by
Rama Deep S and Rana Garima
Bought by
37-39 Walnut Street Ll
Seller's Agent
Tianqi Wang
TQ Realty Inc.
Buyer's Agent
Tianqi Wang
TQ Realty Inc.
List Price
$739,888
Sold Price
$675,000
Premium/Discount to List
-$64,888
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$506,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2017
Closed on
Sep 18, 2017
Sold by
Mao Jie
Bought by
Rana Deep S and Rana Garima
Seller's Agent
Tianqi Wang
TQ Realty Inc.
Buyer's Agent
Tianqi Wang
TQ Realty Inc.
List Price
$739,888
Sold Price
$675,000
Premium/Discount to List
-$64,888
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2003
Sold by
Ventresca Rt and Covino-Ventresca
Bought by
Mao Jie

Purchase Details

Closed on
Aug 2, 2001
Sold by
Garron Richard T and Garron Patricia M
Bought by
Covino Ventr R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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
Rana Deep S -- None Available
Rana Deep S -- None Available
Rana Deep S -- None Available
37-39 Walnut Street Ll -- --
37-39 Walnut Street Ll -- --
Rana Deep S $675,000 --
Mao Jie $466,000 --
Mao Jie $466,000 --
Covino Ventr R $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rana Deep S $486,000
Closed Rana Deep S $486,000
Previous Owner Rana Deep S $506,250
Previous Owner Mao Jie Jay $123,800
Previous Owner Garron Richard T $284,000
Previous Owner Garron Richard T $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $675,000 -8.8% $204 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $739,888 -- $223 / 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 $99 $872,800 $268,100 $604,700
2024 $9,581 $819,600 $253,200 $566,400
2023 $9,269 $760,400 $230,900 $529,500
2022 $8,912 $721,600 $208,600 $513,000
2021 $8,593 $699,200 $186,200 $513,000
2020 $8,331 $658,600 $179,900 $478,700
2019 $7,742 $583,400 $171,300 $412,100
2018 $6,889 $488,900 $141,500 $347,400
2017 $6,617 $467,000 $135,900 $331,100
2016 $6,231 $411,000 $124,800 $286,200
2015 $5,952 $378,400 $118,800 $259,600
2014 $5,527 $343,300 $108,000 $235,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72193911

MLS Property Information Network (MLS PIN)

APN: MALD-000082-000380-000025