NOT LISTED FOR SALE

Estimated Value: $999,000 - $1,097,000

6 Beds
2 Baths
2,802 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $833,000 $297 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,607/month

2 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Malden Center Station
  • Laundry Room
  • Wood Flooring
  • Park
  • Shops

About This Home

As of June 2023

This over-sized two-family home offers an incredible opportunity for both investors and owner-occupants. Both units feature generously sized rooms, hardwood flooring, beautiful woodwork and moldings and in-unit laundry. Unit 1 is currently occupied, however, it will be delivered vacant. Unit 2 has been freshly painted and is move-in ready! This property also offers ample parking with room for up to four cars. Its unbeatable location in Malden puts you close to public transportation, restaurants, shopping, and entertainment.

Last Agent to Sell the Property

Mike Wetherbee

Cameron Real Estate Group Listed on: 05/05/2023

Cameron Real Estate Group

Last Buyer's Agent

Jason Goldfarb

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,617

Year Built

  • Built in 1880

Lot Details

  • 7,793 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,802 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 4 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $1,400
  • Assessor Parcel Number 592224

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,617

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Utility Connections for Electric Range
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 2 Laundry Room
  • Living Area: 2802
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 285.47
  • PRICE PER Sq Ft: 297.29
  • MAIN SO: AC0756

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 592224
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7793
  • Lot Size Units: Acres
  • PAGE: 515
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8617
  • Tax Book Number: 34297

Multi Family

  • Gross Income: 16800
  • Net Operating Income: 16800
  • Number Of Units Total: 2
  • Total Actual Rent: 1400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Corea Joan
Bought by
Joan M Corea Ft and Corea
Total Days on Market
2
Current Estimated Value
$1,035,670

Purchase Details

Closed on
Mar 14, 2011
Sold by
Corea Joan
Bought by
Malden City Of
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joan M Corea Ft -- None Available
Malden City Of $3,442 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yu $499,800
Previous Owner Corea Joan $90,000
Previous Owner Corea Joan $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $833,000 +4.1% $297 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $799,900 -- $285 / 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 $92 $809,700 $341,400 $468,300
2024 $8,904 $761,700 $323,000 $438,700
2023 $8,617 $706,900 $295,300 $411,600
2022 $8,218 $665,400 $267,600 $397,800
2021 $7,894 $642,300 $244,500 $397,800
2020 $7,523 $594,700 $232,500 $362,200
2019 $7,390 $556,900 $221,500 $335,400
2018 $7,090 $503,200 $186,900 $316,300
2017 $6,912 $487,800 $186,900 $300,900
2016 $6,616 $436,400 $177,600 $258,800
2015 $6,312 $401,300 $167,500 $233,800
2014 $5,846 $363,100 $152,200 $210,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73107865

MLS Property Information Network (MLS PIN)

APN: MALD-000020-000120-000018