Seller's Agent in 2017
Maureen Turner-Schlegel
Leading Edge Real Estate
(781) 883-6944
70 Total Sales
40 Newhall St Unit 42 Malden, MA 02148
Belmont NeighborhoodEstimated Value: $856,000 - $1,166,000
5
Beds
2
Baths
2,377
Sq Ft
$409/Sq Ft
Est. Value
About This Home
As of November 2017Opportunity Knocks -- do not let this one pass you by! Solid 2 Family 8/3 has great bones but needs some elbow grease & imagination to transform it to its ultimate potential. Although in need of updating, there is much to work with. 1st unit features a large living room, formal dining room, eat in kitchen and 3-4 bedrooms, plus access to the walk-up attic. 2nd unit has living room, eat in kitchen and 1 bedroom. There is (1) heating system and (1) hot water tank in the property. Some hardwood floors under the carpet, high ceilings, period detail throughout, enclosed front porch, most windows have been replacement, 4-car parking, new separate electrical panels, roof installed in 2010, and main waste pipe has been replaced out to the street. This property will NOT qualify for FHA or VA financing. Sold where is, as is , with no warranties or representations of any kind. Group Showings - 9/13 from 5:30-7 PM, 9/16 & 9/17 from 11 AM -1 PM . Offers are due on 9/19 at 5 PM.
Last Agent to Sell the Property
Leading Edge Real Estate Listed on: 09/11/2017
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$85
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Fenced/Enclosed
- Property Type: Multi-family
- Lead Paint: Unknown
- Year Round: Yes
- Year Built Description: Approximate
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 11
- Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Electric: Circuit Breakers, 100 Amps
- Energy: Insulated Windows
- Flooring: Vinyl, Wall to Wall Carpet, Hardwood
- Basement: Full, Interior Access, Concrete Floor
- Full Bathrooms: 2
- Total Levels: 4
- Main Lo: B92101
- Main So: AC1290
- Estimated Sq Ft: 2377.00
Exterior Features
- Construction: Frame
- Exterior: Wood
- Exterior Features: Porch - Enclosed, Gutters, Fenced Yard
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street, Improved Driveway, Paved Driveway
- Parking Spaces: 4
Utilities
- Hot Water: Electric, Tank
- Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: MWRA
Condo/Co-op/Association
- Total Units: 2
Schools
- Elementary School: Ferryway
- Middle School: Ferryway
- High School: Malden
Lot Info
- Assessor Parcel Number: M:077 B:375 L:519
- Zoning: ResA
- Acre: 0.18
- Lot Size: 7692.00
Multi Family
- Foundation: Unknown
- Heat Units: 1
- Total Bedrooms: 5
- Total Floors: 2
- Total Full Baths: 2
- Total Levels: 2
- Total Rms: 11
- Multi Family Type: 2 Family
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2017
Closed on
Nov 9, 2017
Sold by
Russo Cecelia A and Rubin-Defranzo Pamela
Bought by
Hou Li M and Hou Gengxi
Seller's Agent
Maureen Turner-Schlegel
Leading Edge Real Estate
Buyer's Agent
Hong Shuang Ma
eXp Realty
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,525
Avg. Annual Appreciation
7.47%
Original Mortgage
$330,000
Outstanding Balance
$300,689
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$670,836
Purchase Details
Closed on
Dec 14, 2016
Sold by
Rubin David I Est
Bought by
Russo Cecelia A and Rubin-Defranzo Pamela
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hou Li M | $550,000 | -- | |
| Russo Cecelia A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hou Li M | $330,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2017 11/09/17 | Sold | $550,000 | +10.0% | $231 / Sq Ft |
| 09/20/2017 09/20/17 | Pending | -- | -- | -- |
| 09/11/2017 09/11/17 | For Sale | $499,900 | -- | $210 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $85 | $754,200 | $330,900 | $423,300 |
| 2024 | $8,307 | $710,600 | $312,500 | $398,100 |
| 2023 | $8,030 | $658,700 | $285,000 | $373,700 |
| 2022 | $7,641 | $618,700 | $257,400 | $361,300 |
| 2021 | $7,265 | $591,100 | $229,800 | $361,300 |
| 2020 | $7,055 | $557,700 | $222,000 | $335,700 |
| 2019 | $6,920 | $521,500 | $211,400 | $310,100 |
| 2018 | $6,583 | $467,200 | $174,700 | $292,500 |
| 2017 | $7,116 | $502,200 | $167,800 | $334,400 |
| 2016 | $5,764 | $380,200 | $154,000 | $226,200 |
| 2015 | $5,584 | $355,000 | $146,600 | $208,400 |
| 2014 | $5,244 | $325,700 | $133,300 | $192,400 |
Source: Public Records
Agents Affiliated with this Home
-
Maureen Turner-Schlegel
-
Hong Shuang Ma
Buyer's Agent in 2017
Hong Shuang Ma
eXp Realty
(617) 899-6281
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72226453
APN: MALD-000077-000375-000519
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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