42 Newman Rd Unit 3 Malden, MA 02148
Bellrock NeighborhoodEstimated Value: $229,000 - $240,448
1
Bed
1
Bath
260
Sq Ft
$275/mo
HOA Fee
Highlights
- Community Pool
- Baseboard Heating
- Laundry Facilities
- Tennis Courts
About This Home
As of May 2022Multiple offers. Highest and best due Sunday April 9th. This is a great starter studio home. This charming fully renovated Malden condo is ready for its new owner! Conveniently located minutes from Malden square and the Malden River. The kitchen offers granite/solid/stone counters and new appliances with plenty of cabinets for the space. Comes with one assigned parking spot, extra storage, and in-building laundry! Access to exclusive amenities such as an inground swimming pool and tennis court. Great buying potential with proximity to Waitts Mt Park, Malden Center T-station, and Malden YMCA. A 5-minute drive to the bars, cafes, and restaurants in downtown Malden; Malden High School.* To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. There is laundry in the basement of each building and this unit’s parking space is Space 88 and their storage bin in the basement is bin 83.
Last Agent to Sell the Property
The Ponte Group, Plainville
Keller Williams Elite Listed on: 04/02/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,802
Year Built
- Built in 1955
HOA Fees
- $275 Monthly HOA Fees
Parking
- 1 Car Parking Space
Interior Spaces
- 260 Sq Ft Home
- 1-Story Property
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Schools
- Salemwood Elementary And Middle School
- Malden High School
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Water Heater
Listing and Financial Details
- Assessor Parcel Number M:068 B:300 L:00229,594944
Community Details
Overview
- Association fees include heat, water, sewer, insurance, ground maintenance, snow removal, trash
- 86 Units
Amenities
- Laundry Facilities
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2022
Closed on
May 18, 2022
Sold by
Jiang Emerald
Bought by
Oseni Hammed
Seller's Agent
The Ponte Group, Plainville
Keller Williams Elite
Buyer's Agent
Rayna Shelton-Wynn
MIG
List Price
$210,000
Sold Price
$210,000
Total Days on Market
7
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
$25,112
Avg. Annual Appreciation
3.79%
Original Mortgage
$157,500
Outstanding Balance
$150,533
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,579
Purchase Details
Listed on
Aug 26, 2021
Closed on
Dec 17, 2021
Sold by
Wilmington Svgs Fund Soc
Bought by
Jiang Emerald
Seller's Agent
The Ponte Group
Keller Williams South Watuppa
Buyer's Agent
The Ponte Group, Plainville
Keller Williams Elite
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.34%
Original Mortgage
$125,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 29, 2021
Sold by
Guzman Carlos M and Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc
Purchase Details
Closed on
Nov 12, 1997
Sold by
Chirichiello Ann
Bought by
Guzman Carlos M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Malden, MA
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 |
|---|---|---|---|
| Oseni Hammed | $210,000 | None Available | |
| Jiang Emerald | $180,000 | None Available | |
| Wilmington Svgs Fund Soc | $133,100 | None Available | |
| Guzman Carlos M | $35,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oseni Hammed | $157,500 | |
| Previous Owner | Jiang Emerald | $125,000 | |
| Previous Owner | Guzman Carlos M | $76,218 | |
| Previous Owner | Guzman Carlos M | $20,000 | |
| Previous Owner | Guzman Carlos M | $10,000 | |
| Previous Owner | Guzman Carlos M | $100,000 | |
| Previous Owner | Guzman Carlos M | $26,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2022 05/18/22 | Sold | $210,000 | 0.0% | $808 / Sq Ft |
| 04/10/2022 04/10/22 | Pending | -- | -- | -- |
| 04/02/2022 04/02/22 | For Sale | $210,000 | +16.7% | $808 / Sq Ft |
| 12/17/2021 12/17/21 | Sold | $180,000 | -5.2% | $692 / Sq Ft |
| 11/08/2021 11/08/21 | Pending | -- | -- | -- |
| 08/26/2021 08/26/21 | For Sale | $189,900 | -- | $730 / 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 | $25 | $217,500 | $0 | $217,500 |
| 2024 | $2,033 | $173,900 | $0 | $173,900 |
| 2023 | $1,883 | $154,500 | $0 | $154,500 |
| 2022 | $1,802 | $145,900 | $0 | $145,900 |
| 2021 | $1,625 | $132,200 | $0 | $132,200 |
| 2020 | $1,615 | $127,700 | $0 | $127,700 |
| 2019 | $1,575 | $118,700 | $0 | $118,700 |
| 2018 | $1,587 | $112,600 | $0 | $112,600 |
| 2017 | $1,373 | $96,900 | $0 | $96,900 |
| 2016 | $1,393 | $91,900 | $0 | $91,900 |
| 2015 | $1,356 | $86,200 | $0 | $86,200 |
| 2014 | $1,352 | $84,000 | $0 | $84,000 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2022
The Ponte Group, Plainville
Keller Williams Elite
-
Monette Valliere
Seller Co-Listing Agent in 2022
Monette Valliere
Keller Williams Elite
(781) 309-2749
1 in this area
45 Total Sales
-
Rayna Shelton-Wynn
R
Buyer's Agent in 2022
Rayna Shelton-Wynn
MIG
(617) 869-5164
2 in this area
42 Total Sales
-
The Ponte Group
T
Seller's Agent in 2021
The Ponte Group
Keller Williams South Watuppa
(508) 677-3233
1 in this area
790 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72961272
APN: MALD-000068-000300-000229
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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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