NOT LISTED FOR SALE

40 Newman Rd Unit 40 Malden, MA 02148

Bellrock Neighborhood

Estimated Value: $378,000 - $406,000

2 Beds
1 Bath
689 Sq Ft
1955 Built

Last Sold October 31, 2016

Last sale price $231,000 $335 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,114/month

15 Days on Market

About This Home

As of October 2016

Wonderfully bright and cheery 2 bedroom end unit. Plenty of natural sunlight, super quiet. Hardwood floors throughout, well maintained, walk-in closet in Master bedroom, 1 deeded parking spot, and deeded storage. Many common area updates have been made - newer roof, heating system, windows, front steps and walkways. Convenient to all the restaurants and shopping in Station Landing and Assembly Row, public transportation and all the exciting new restaurants popping up in downtown Malden. Quick drive in to Boston or hop on the Orange line MBTA.

Last Agent to Sell the Property

Feng Yu

Lucas Realty Listed on: 09/08/2016

Last Buyer's Agent

Gregory Fiore

Boston Commonwealth Real Estate, Inc.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 31, 2016
Sold by
Munoz Maria A
Bought by
Ngesina Nneka
Seller's Agent
Feng Yu
Lucas Realty
Buyer's Agent
Gregory Fiore
Boston Commonwealth Real Estate, Inc.
List Price
$250,000
Sold Price
$231,000
Premium/Discount to List
-$19,000
-7.6%
Total Days on Market
15
Current Estimated Value
$397,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,634
Avg. Annual Appreciation
6.22%
Original Mortgage
$184,800
Outstanding Balance
$150,698
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$237,184

Purchase Details

Closed on
May 22, 2013
Sold by
Munoz Patricio F and Munoz Maria A
Bought by
Munoz Maria A

Purchase Details

Closed on
Nov 3, 2004
Sold by
Hurley Claire L
Bought by
Munoz Maria A and Munoz Patricio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,020
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Abdelahad Nashaat E and Abdelahad Mary Y
Bought by
Hurley Claire L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ngesina Nneka $231,000 --
Munoz Maria A -- --
Munoz Maria A $197,800 --
Hurley Claire L $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngesina Nneka $184,800
Previous Owner Munoz Maria A $178,020
Previous Owner Hurley Claire L $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $231,000 -3.8% $335 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/19/2016 09/19/16 Price Changed $240,000 -4.0% $348 / Sq Ft
09/08/2016 09/08/16 For Sale $250,000 -- $363 / 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 $43 $378,800 $0 $378,800
2024 $3,626 $310,200 $0 $310,200
2023 $3,418 $280,400 $0 $280,400
2022 $3,378 $273,500 $0 $273,500
2021 $3,025 $246,100 $0 $246,100
2020 $2,992 $236,500 $0 $236,500
2019 $2,934 $221,100 $0 $221,100
2018 $2,934 $208,200 $0 $208,200
2017 $2,424 $171,100 $0 $171,100
2016 $2,441 $161,000 $0 $161,000
2015 $2,352 $149,500 $0 $149,500
2014 $2,347 $145,800 $0 $145,800
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Feng Yu

    Lucas Realty

    Section Image

  • G

    Buyer's Agent in 2016

    Gregory Fiore

    Boston Commonwealth Real Estate, Inc.

    (781) 475-0293

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72064117

MLS Property Information Network (MLS PIN)

APN: MALD-000068-000300-000230

Massachusetts Middlesex County Malden 02148 Bellrock

40 Newman Rd Unit 40, Malden, MA

This home is located at 40 Newman Rd Unit 40, Malden, MA 02148 since 08 September 2016 and is currently estimated at $397,634, approximately $577 per square foot. This property was built in 1955. 40 Newman Rd Unit 40 is a home located in Middlesex County with nearby schools including Malden High School, Mystic Valley Regional Charter School, and Cheverus Catholic School.

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