Seller's Agent in 2022
Heather Murphy
Keller Williams Realty Boston Northwest
(978) 413-2284
1 in this area
86 Total Sales
405 Lynn St Malden, MA 02148
Linden NeighborhoodEstimated Value: $1,005,000 - $1,104,000
6
Beds
3
Baths
3,040
Sq Ft
$341/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Jogging Path
- Property is near public transit
- Corner Lot
- Park
About This Home
As of September 2022Wonderful investment opportunity. Conveniently located 1/2 mile from route 1 & within .2 of a mile from many bus stops to include 109,119,411,426,428,492, 108, 109, 119, 411, 426. MBTA, you have a choice of Malden center, 2.6 miles away or Oak Grove 2.7 miles. Across the street jump on the bike trail "Bike to the Sea" pack a lunch & a bathing suit & soon you'll be able to ride directly to Nahant Beach. Three-family home, each unit with 2 bedrooms, 1 bathroom, living room, kitchen & private in-unit laundry. Each unit has separate parking and can accommodate up to a total of 8 cars, much better than street parking. Updates to include; Lead certified in 2000, roof 2012, siding roughly done in 2007, water heater 2019 & 3rd-floor heating system 2020, 3rd floor painted 2022. Current rents are low & below the City average. Seize the opportunity.
Last Agent to Sell the Property
Keller Williams Realty Boston Northwest Listed on: 07/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,885
Year Built
- Built in 1900
Lot Details
- 5,001 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- 3,040 Sq Ft Home
- Stone Foundation
- Shingle Roof
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Washer
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 8 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Outdoor Storage
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Linden Elementary And Middle School
- Malden High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,400
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:169 B:539 L:908,602553
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $141
- Insurance Expense $2,390
- Water Sewer Expense $2,435
- Operating Expense $10,516
- Net Operating Income $36,164
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 4, 2024
Sold by
Nguyen Trung H and Trieu Huong
Bought by
Trieu Nguyen Ft and Trieu
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trieu Nguyen Ft | -- | None Available | |
| Trieu Nguyen Ft | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grasso Ronald F | $300,000 | |
| Previous Owner | Grasso Ronald F | $85,000 | |
| Previous Owner | Grasso Ronald F | $220,000 | |
| Previous Owner | Lynn St Rt | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2022 09/07/22 | Sold | $867,500 | -0.9% | $285 / Sq Ft |
| 08/07/2022 08/07/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $875,000 | -- | $288 / 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 | $92 | $816,500 | $280,500 | $536,000 |
| 2024 | $8,493 | $726,500 | $264,000 | $462,500 |
| 2023 | $8,206 | $673,200 | $239,300 | $433,900 |
| 2022 | $7,885 | $638,500 | $218,600 | $419,900 |
| 2021 | $7,696 | $626,200 | $206,300 | $419,900 |
| 2020 | $7,579 | $599,100 | $207,900 | $391,200 |
| 2019 | $7,389 | $556,800 | $198,000 | $358,800 |
| 2018 | $7,127 | $505,800 | $167,100 | $338,700 |
| 2017 | $6,432 | $453,900 | $156,800 | $297,100 |
| 2016 | $6,011 | $396,500 | $148,500 | $248,000 |
| 2015 | $5,674 | $360,700 | $131,600 | $229,100 |
| 2014 | $5,342 | $331,800 | $119,600 | $212,200 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Murphy
-
Johhny Ho
J
Buyer's Agent in 2022
Johhny Ho
Kava Realty Group, Inc.
1 in this area
127 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73016227
APN: MALD-000169-000539-000908
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