40 Spring St Unit 2 Malden, MA 02148
Waitts Mount NeighborhoodEstimated Value: $1,068,000 - $1,383,000
5
Beds
2
Baths
2,200
Sq Ft
$569/Sq Ft
Est. Value
About This Home
This home is located at 40 Spring St Unit 2, Malden, MA 02148 and is currently estimated at $1,250,917, approximately $568 per square foot. 40 Spring St Unit 2 is a home located in Middlesex County with nearby schools including Malden High School, Mystic Valley Regional Charter School, and Cheverus Catholic School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2022
Sold by
Kim Nam C
Bought by
Shrestha Bibek and Shrestha Ichhya
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,023,000
Outstanding Balance
$948,121
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,796
Purchase Details
Closed on
Nov 5, 2015
Sold by
Cruz Jose R and Cruz Priscilla
Bought by
Kim Nam C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,202
Interest Rate
3.88%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shrestha Bibek | $1,005,000 | None Available | |
| Kim Nam C | $530,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shrestha Bibek | $1,023,000 | |
| Previous Owner | Kim Nam C | $538,202 |
Source: Public Records
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 | $119 | $1,053,100 | $308,600 | $744,500 |
| 2024 | $11,611 | $993,200 | $291,900 | $701,300 |
| 2023 | $11,289 | $926,100 | $266,900 | $659,200 |
| 2022 | $8,461 | $685,100 | $241,800 | $443,300 |
| 2021 | $8,164 | $664,300 | $221,000 | $443,300 |
| 2020 | $7,885 | $623,300 | $210,200 | $413,100 |
| 2019 | $7,758 | $584,600 | $200,200 | $384,400 |
| 2018 | $7,496 | $532,000 | $168,900 | $363,100 |
| 2017 | $7,298 | $515,000 | $168,900 | $346,100 |
| 2016 | $6,620 | $436,700 | $160,500 | $276,200 |
| 2015 | $6,401 | $406,900 | $151,400 | $255,500 |
| 2014 | $6,029 | $374,500 | $137,600 | $236,900 |
Source: Public Records
Map
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