NOT LISTED FOR SALE

40 Presley St Unit 42 Malden, MA 02148

West End Neighborhood

Estimated Value: $918,246 - $1,125,000

5 Beds
2 Baths
2,419 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 27, 2015

Last sale price $480,100 $198 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,159/month

38 Days on Market

About This Home

As of July 2015

GREAT OPPORTUNITY! This 2-family has enormous potential for someone looking for a fixer-upper to owner-occupy or someone looking for a great property to renovate and convert. With 2400+ sq. ft., this 2-family has lots of possibilities---5 bedrooms, 2 baths, large kitchens and dining rooms, lots of closets, balconies, deck, porch, and 4 parking spaces! It has a full basement with tall ceilings, oil heat and newer hot water heaters. Located just .9 mile from the Malden Center T-stop and even closer to many bus stops, this property is very conveniently situated. Don't miss this one; it won't last!

Last Agent to Sell the Property

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 05/20/2015

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Hudson Santana

Keller Williams Realty Boston Northwest Listed on: 05/20/2015

Keller Williams Realty Boston Northwest

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$87

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station, University
  • Flooring: Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Bulkhead, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Covered Patio/Deck, Balcony
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: M:028 B:149 L:908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Zou Kang and Cai Chunxiao
Bought by
Zou Kang and Cai Chunxiao
Current Estimated Value
$941,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,100
Outstanding Balance
$153,310
Interest Rate
2.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$769,752

Purchase Details

Closed on
Jun 18, 2018
Sold by
Zou Kang
Bought by
Zou Kang and Cai Chiunxiao

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
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2015
Closed on
Jul 27, 2015
Sold by
Lavandier Debra T Est
Bought by
Zou Kang
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
List Price
$425,000
Sold Price
$480,100
Premium/Discount to List
$55,100
12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$260,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1993
Sold by
Busteed Robert F and Busteed Dorothy A
Bought by
Lavandier Debra T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.86%
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
Zou Kang -- None Available
Zou Kang -- None Available
Zou Kang -- --
Zou Kang -- --
Zou Kang -- --
Zou Kang $480,100 --
Lavandier Debra T $155,000 --
Lavandier Debra T $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Kang $201,100
Previous Owner Zou Kang $240,000
Previous Owner Zou Kang $260,000
Previous Owner Lavandier Debra T $20,000
Previous Owner Lavandier Debra T $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $480,100 +13.0% $198 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $425,000 -- $176 / 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 $87 $764,800 $282,000 $482,800
2024 $8,421 $720,400 $266,800 $453,600
2023 $8,156 $669,100 $243,900 $425,200
2022 $7,813 $632,600 $221,100 $411,500
2021 $7,540 $613,500 $202,000 $411,500
2020 $7,266 $574,400 $192,100 $382,300
2019 $6,822 $514,100 $182,900 $331,200
2018 $6,580 $467,000 $154,400 $312,600
2017 $6,406 $452,100 $154,400 $297,700
2016 $5,677 $374,500 $146,700 $227,800
2015 -- $356,600 $138,300 $218,300
2014 $5,274 $327,600 $125,800 $201,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71840711

MLS Property Information Network (MLS PIN)

APN: MALD-000028-000149-000908