NOT LISTED FOR SALE

390 Salem St Unit 1st FL Malden, MA 02148

North Faulkner Neighborhood

Estimated Value: $785,877 - $1,033,000

1 Bed
1 Bath
500 Sq Ft
$1,885/Sq Ft Est. Value

About This Home

As of January 2019

Malden - Nice 1 Bedroom First Floor Apartment In Owner-Occupied Two Family Home; Electricity Included In The Rent. Available Now, 2018; Only $1300 A Month. Maximum 2 People Occupancy Only. Minimum Qualifying Monthly Income $4500; No Pets Of Any Kind! FEATURES: Kitchen With Pantry, Black Stove And Refrigerator, Large Living Room, Hardwood And Tile Flooring, Cooking And Heating Operated Via Gas (Not Included In The Rent), Rent Includes: Electricity And Water; Street Parking Only; No Laundry Facilities Onsite; Laundry Facilities Located At: 290 Salem Street. Applicant Must Have Good Credit, Working and Rental History. MOVE-IN COSTS: First Month Rent, Full Month Security Deposit, One Month Broker's Fee, Plus $35 Credit/Back Ground Check Processing Fee Per Adult; SORRY NO PETS OR SMOKER OF ANY KIND

Last Agent to Rent the Property

Herman Davis

Metro North Realty, LLC Listed on: 11/16/2018

Last Renter's Agent

Herman Davis

Metro North Realty, LLC Listed on: 11/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75

Year Built

  • 1880

Lot Details

  • 4,138

Additional Features

  • Year Round Access
  • Range
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$75

Year Built

1880

Lot Details

0

Rental Info

  • Available Now: Yes
  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Rent Fee Includes: Electric
  • Sec Deposit: 1300.00

Listing Details

  • Property Type: Rental
  • Rental Type: Apartment
  • List Price Per Sq Ft: 2.60
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1st FL
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1880

Interior Features

  • Appliances: Range, Refrigerator
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 3
  • Main Lo: AC1017
  • Main So: AC1017
  • Estimated Sq Ft: 500.00

Utilities

  • Heating: Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Laundromat, Highway Access, House of Worship, Public School

Lot Info

  • Lot Size: 999999.00

Tax Info

  • Assessor Parcel Number: 599373

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2012
Sold by
Cox Margarett W
Bought by
Lemma Abebe Z and Zewdie Brahne A
Current Estimated Value
$942,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,155
Outstanding Balance
$182,986
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$639,894

Purchase Details

Closed on
May 19, 2003
Sold by
Cox Margaret and Cox Kevin
Bought by
Cox Margaret

Purchase Details

Closed on
Jul 3, 2000
Sold by
Freitas Joseph P
Bought by
Cox Kevin T and Cox Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,895
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1992
Sold by
Pereira Noe M and Pereira Maria A
Bought by
Freitas Joseph P and Freitas Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,777
Interest Rate
8.31%
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
Lemma Abebe Z $270,000 --
Cox Margaret -- --
Cox Kevin T $164,000 --
Freitas Joseph P $99,900 --
Freitas Joseph P $99,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemma Abebe Z $263,155
Previous Owner Cox Kevin T $30,000
Previous Owner Cox Kevin $20,000
Previous Owner Freitas Joseph P $196,200
Previous Owner Freitas Joseph P $198,895
Previous Owner Freitas Joseph P $92,000
Previous Owner Freitas Joseph P $98,777
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Rented $1,300 0.0% --
12/23/2018 12/23/18 Under Contract -- -- --
12/05/2018 12/05/18 Price Changed $1,300 -7.1% $3 / Sq Ft
12/03/2018 12/03/18 Price Changed $1,400 -6.7% $3 / Sq Ft
11/16/2018 11/16/18 For Rent $1,500 -- --
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 $75 $658,300 $270,200 $388,100
2024 $7,243 $619,600 $254,300 $365,300
2023 $6,990 $573,400 $230,400 $343,000
2022 $6,697 $542,300 $210,600 $331,700
2021 $6,941 $564,800 $198,700 $366,100
2020 $6,834 $540,200 $200,200 $340,000
2019 $6,680 $503,400 $190,700 $312,700
2018 $6,425 $456,000 $160,900 $295,100
2017 $6,121 $432,000 $151,000 $281,000
2016 $5,841 $385,300 $143,000 $242,300
2015 $5,444 $346,100 $126,700 $219,400
2014 $5,049 $313,600 $115,200 $198,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72424875

MLS Property Information Network (MLS PIN)

APN: MALD-000116-000715-000501