NOT LISTED FOR SALE

Estimated Value: $1,049,000 - $1,203,241

3 Beds
3 Baths
3,877 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $658,000 $170 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,409/month

5 Days on Market

Highlights

  • Property is near public transit
  • Fenced
  • 3-minute walk to North Strand Bike Path

About This Home

As of December 2022

ATTENTION BUILDERS & INVESTORS! Provided with a new roof, new water heaters, and strong foundation, this three floor 2-unit investment opportunity is proudly structured on a quiet neighborhood with a stunning back yard and a generous driveway. Ample potential for renovations, as the second floor unit is nearly completely gutted and offers more freedom for creativity towards this project. 1st unit has not been renovated, but feel free to convert an extra room to a bedroom and increase the potential value of rent! Only minutes away from Route 1 and Malden Square. Buyer and/or Buyer Agent to verify all listing information and due diligence. Seller and Listing Agent make no warranties or representations. Property being sold "as is".

Last Agent to Sell the Property

ChangBae Son

Premier Realty Group - Lexington Listed on: 10/20/2022

Last Buyer's Agent

Dan Ton

Kava Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,111

Year Built

  • Built in 1910

Lot Details

  • 4,500 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,877 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 600150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,111

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 3877
  • Stories Total: 3
  • MAIN LO: AN1953
  • LIST PRICE PER Sq Ft: 154.76
  • PRICE PER Sq Ft: 169.72
  • MAIN SO: AC0746

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Lot Info

  • Parcel Number: 600150
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4500
  • Lot Size Units: Acres
  • PAGE: 492
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8111.4
  • Tax Book Number: 78001

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
38-40 Milton Street Llc
Bought by
Beitzel Brett and Luke Catherine
Current Estimated Value
$978,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$959,155
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,655

Purchase Details

Closed on
May 16, 2025
Sold by
38-40 Milton Street Llc
Bought by
Ariale Michael and Ariale Caris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$959,155
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,655

Purchase Details

Closed on
Jun 5, 2023
Sold by
Luu Truc Q and Bui Thuy T
Bought by
38 Milton Street Rt and Luu

Purchase Details

Closed on
Oct 23, 2012
Sold by
Lacau Yvonne M
Bought by
Lacau Rene P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Lacau Yvonne M
Bought by
Lacau Rene P and Lacau Yvonne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.74%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 1, 1986
Bought by
Lacau Rene P
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
Beitzel Brett $1,200,000 None Available
Beitzel Brett $1,200,000 None Available
Ariale Michael $1,175,000 None Available
38 Milton Street Rt -- None Available
38 Milton Street Rt -- None Available
Lacau Rene P -- --
Lacau Rene P -- --
Lacau Rene P -- --
Lacau Rene P -- --
Lacau Rene P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beitzel Brett $960,000
Closed Beitzel Brett $960,000
Closed Ariale Michael $881,250
Previous Owner Phu Paulina $577,150
Previous Owner Lacau Rene P $240,000
Previous Owner Lacau Rene P $218,000
Previous Owner Lacau Rene P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $658,000 +9.7% $170 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $599,999 -- $155 / 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 $81 $712,900 $298,800 $414,100
2024 $7,851 $671,600 $282,600 $389,000
2023 $8,471 $694,900 $258,400 $436,500
2022 $8,111 $656,800 $234,200 $422,600
2021 $7,824 $636,600 $214,000 $422,600
2020 $7,551 $596,900 $203,500 $393,400
2019 $7,118 $536,400 $193,800 $342,600
2018 $6,866 $487,300 $163,500 $323,800
2017 $6,691 $472,200 $163,500 $308,700
2016 $5,997 $395,600 $155,400 $240,200
2015 $5,787 $367,900 $146,600 $221,300
2014 $5,432 $337,400 $133,200 $204,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73050657

MLS Property Information Network (MLS PIN)

APN: MALD-000132-000680-000002