NOT LISTED FOR SALE

40 Hancock St Unit 1 Malden, MA 02148

Belmont Neighborhood

Estimated Value: $1,045,000 - $1,262,000

1 Bed
1.5 Baths
1,400 Sq Ft
$807/Sq Ft Est. Value

Highlights

  • Property is near public transit
  • Jogging Path
  • Park
  • No HOA
  • Porch
  • 5-minute walk to Bell Rock Memorial Park

About This Home

As of May 2022

Entire first floor apartment available for rent JUNE 1, 2022! Apartment is in excellent condition with 4 rooms, 1 Bedroom, in unit laundry, and 1.5baths. Master bath is attached to the bedroom with the 1/2 bath off the newly renovated kitchen. Host your friends in your 30' family room with non working fireplace, a beautiful mantel, and hardwoord floors throughout. This very large 1 bedroom apartment is located in a quiet neighborhood and will go quickly! Great for commuters! Take the orange line from Malden Center and you're downtown in just 5 stops! **No showings until April 30, 2022

Last Agent to Rent the Property

Tim Andrew

eXp Realty Listed on: 04/13/2022

Last Renter's Agent

Tim Andrew

eXp Realty Listed on: 04/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $110

Year Built

  • 1880

Lot Details

  • 6,882

Parking

  • 2 Car Parking Spaces

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Oil
  • High Speed Internet

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $1,900
  • Property Available on 6/1/22
  • Rent includes water, sewer, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 595829

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$110

Year Built

1880

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-06-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1900

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Entry Level: 1
  • Year Round: Yes
  • CoOp Comp: 1/2 month
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Year Built (Public Record): 1880

Interior Features

  • Interior Amenities: Single Living Level, High Speed Internet
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Master Bathroom Features: Yes
  • Laundry Features: In Unit
  • Living Area: 1400
  • MAIN LO: BB3975
  • LIST PRICE PER Sq Ft: 1.36
  • PRICE PER Sq Ft: 1.36
  • MAIN SO: BB3975

Exterior Features

  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Heating: Oil
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access
  • Rent Includes: Water, Sewer, Parking
  • Senior Community YN: No
  • UNIT BUILDING: 1

Lot Info

  • Parcel Number: 595829
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 0.16
  • OUTDOOR SPACE AVAILABLE: No

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 1, 2020
Sold by
Smith Phong
Bought by
Smith Phong and Smith Jamie
Seller's Agent
Tim Andrew
eXp Realty
Buyer's Agent
Tim Andrew
eXp Realty
Sold Price
$1,700
Current Estimated Value
$1,130,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,480
Original Mortgage
$615,000
Outstanding Balance
$545,150
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$585,030

Purchase Details

Closed on
Jul 15, 2014
Sold by
Dimeo Christopher F and Saoud Robert J
Bought by
Smith Phong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,500
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2004
Sold by
Sapienza Maria L and Sapienza Peter L
Bought by
Dimeo Christopher F and Saoud Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,950
Interest Rate
5.94%
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
Smith Phong -- None Available
Smith Phong $537,500 --
Dimeo Christopher F $455,738 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Phong $615,000
Previous Owner Smith Phong $483,500
Previous Owner Dimeo Christopher F $432,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Rented $1,900 0.0% --
05/12/2022 05/12/22 Under Contract -- -- --
05/05/2022 05/05/22 For Rent $1,900 0.0% --
05/04/2022 05/04/22 Under Contract -- -- --
04/13/2022 04/13/22 For Rent $1,900 +5.6% --
07/01/2021 07/01/21 Rented $1,800 0.0% --
06/18/2021 06/18/21 For Rent $1,800 +5.9% --
05/29/2020 05/29/20 Rented $1,700 0.0% --
05/27/2020 05/27/20 Under Contract -- -- --
05/21/2020 05/21/20 For Rent $1,700 -- --
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 $110 $970,700 $305,000 $665,700
2024 $10,681 $913,700 $288,000 $625,700
2023 $10,359 $849,800 $262,600 $587,200
2022 $9,949 $805,600 $237,200 $568,400
2021 $9,589 $780,200 $211,800 $568,400
2020 $9,288 $734,200 $204,600 $529,600
2019 $8,687 $654,600 $194,800 $459,800
2018 $8,388 $595,300 $160,900 $434,400
2017 $8,024 $566,300 $154,600 $411,700
2016 $7,560 $498,700 $141,900 $356,800
2015 $6,377 $405,400 $135,100 $270,300
2014 $5,926 $368,100 $122,800 $245,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72966212

MLS Property Information Network (MLS PIN)

APN: MALD-000078-000357-000703