NOT LISTED FOR SALE

Estimated Value: $840,000 - $1,498,000

9 Beds
3.5 Baths
4,905 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $1,300,000 $265 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,834/month

4 Days on Market

Highlights

  • Medical Services
  • Marble Flooring
  • Porch
  • Property is near public transit
  • Corner Lot
  • Tandem Parking

About This Home

As of May 2022

Well cared for and maintained this spacious and sprawling 3 family home is not your traditional multifamily. Each unit has a floor plan that is a mirror image of one another; ample size rooms with high ceilings and plenty of storage space throughout. Eat in kitchens with pantries, fully applianced, formal livingrooms, diningrooms, individual updated laundry rooms on each level and 3 generous sized bedrooms on each floor. Plenty of natural sunlight brightens each of the rooms. Some updates include – 2 year old tar Roof – updated Electrical – 2 years, Hot Water Tanks Unit 1 – 2009, Unit 2 & 3 – 2013; Heating Systems for Units 2 & 3 – updated 2013; Units 2 & 3 – some Updated windows; Unit 1 – no sink disposal; Unit 1 & 3 have electric stove – but can be converted to gas; Entrance to driveway and garage is on Clark Street. Great invest. opportunity or extended family scenario. Don't miss out on this oppty to own an oversized well maintained unique 3 fam in the heart of Malden.

Last Agent to Sell the Property

Prestige Homes Realty Team

Prestige Homes Real Estate, LLC Listed on: 03/31/2022

Last Buyer's Agent

Frank DiMaria

The Boston Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,673

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Near Conservation Area
  • Stone Wall
  • Corner Lot

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 4,905 Sq Ft Home
  • Insulated Windows

Flooring

  • Wood
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Call Supt. Elementary School

Utilities

  • 6 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,000
  • Assessor Parcel Number M:093 B:703 L:323,597609

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,673

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Laminate,Marble,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Office/Den), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Partially Finished, Interior Entry, Garage Access
  • Living Area: 4905
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN2615
  • LIST PRICE PER Sq Ft: 234.25
  • PRICE PER Sq Ft: 265.04
  • MAIN SO: AC2415

Exterior Features

  • Exterior Features: Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 6
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:093 B:703 L:323,597609
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4151
  • PAGE: 28

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13673
  • Tax Book Number: 15870

Multi Family

  • Gross Income: 48000
  • Net Operating Income: 48000
  • Number Of Units Total: 3
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • Elementary School: Call Supt.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 12, 2022
Sold by
Safina Lina and Safina Maria
Bought by
Safina Lina
Seller's Agent
Prestige Homes Realty Team
Prestige Homes Real Estate, LLC
Buyer's Agent
Frank DiMaria
The Boston Realty Group, LLC
List Price
$1,149,000
Sold Price
$1,300,000
Premium/Discount to List
$151,000
13.14%
Total Days on Market
4
Current Estimated Value
$1,285,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,805
Avg. Annual Appreciation
1.01%
Original Mortgage
$975,000
Outstanding Balance
$933,029
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,897

Purchase Details

Closed on
Feb 4, 2020
Sold by
Grassi Giacomo
Bought by
45 Starbird Street Rt

Purchase Details

Closed on
Jun 2, 2014
Sold by
Safina Frank and Safina Lina
Bought by
Safina Maria

Purchase Details

Closed on
Mar 7, 2013
Sold by
Grassi Giacomo and Grassi Vita
Bought by
Grassi Giacomo

Purchase Details

Closed on
Nov 1, 1984
Bought by
Safina Maria
Source: Public Records

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Range of Values:

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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
Safina Lina -- None Available
45 Starbird Street Rt -- None Available
Safina Maria -- --
Grassi Giacomo -- --
Safina Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Ricardo P $975,000
Previous Owner Safina Maria $18,000
Previous Owner Grassi Giacomo $132,000
Previous Owner Safina Maria $140,000
Previous Owner Safina Maria $86,000
Previous Owner Safina Maria $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $1,300,000 +13.1% $265 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,149,000 -- $234 / 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 $158 $1,398,000 $294,200 $1,103,800
2024 $15,036 $1,286,200 $278,300 $1,007,900
2023 $15,184 $1,245,600 $254,500 $991,100
2022 $13,673 $1,107,100 $230,600 $876,500
2021 $13,080 $1,064,300 $210,700 $853,600
2020 $13,981 $1,105,200 $200,400 $904,800
2019 $12,579 $947,900 $190,900 $757,000
2018 $11,822 $839,000 $161,000 $678,000
2017 $10,769 $760,000 $161,000 $599,000
2016 $10,993 $725,100 $153,100 $572,000
2015 $10,366 $659,000 $144,300 $514,700
2014 $9,742 $605,100 $131,200 $473,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72959998

MLS Property Information Network (MLS PIN)

APN: MALD-000093-000703-000323