NOT LISTED FOR SALE

Estimated Value: $1,022,739 - $1,236,000

6 Beds
3 Baths
2,627 Sq Ft
$420/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $975,000 $371 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,625/month

Highlights

  • Property is near public transit
  • Living Room
  • Shops
  • Corner Lot
  • Park
  • Central Air

About This Home

As of August 2023

OPEN HOUSE CANCELED, OFFER ACCEPTED. 2002 gut renovated 2-family with potential for significant value-add in Malden. Just a short 0.4 mile distance to Malden Center, orange line, shops, restaurants and cafes. 2018 roof + 2018 bamboo/oak hw floors, 2002 vinyl siding/windows/electrical/plumbing/gas boilers. 3 separate 100 amp electric panels, 3 separate meters plus 3 separate circulators and third floor electric baseboards. First floor contains an updated 2-bed/1-bath unit with eat-in kitchen, dishwasher, microwave, fridge and stove, plus oversized living room, two nicely sized bedrooms, central AC, and jacuzzi tub. Second and third floor is currently a 4-bed/2-bath with two living room spaces, updated kitchen with stove, dishwasher, fridge, plus washer/dryer in-unit. Large semi-finished basement with two additional sets of washer/dryers. Driveway can comfortably accommodate 4-5+ cars.

Last Agent to Sell the Property

Sage Jankowitz

Cambridge Sage Inc. Listed on: 07/05/2023

Last Buyer's Agent

Sage Jankowitz

Cambridge Sage Inc. Listed on: 07/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,574

Year Built

  • Built in 1935

Lot Details

  • 5,480 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 2,627 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Family Room
  • Living Room
  • Partially Finished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $1,870
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:029 B:143 L:309,592870

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $22,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,574

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1935
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Living Room, Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partially Finished
  • Living Area: 2627
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB9927
  • LIST PRICE PER Sq Ft: 357.06
  • PRICE PER Sq Ft: 371.15
  • MAIN SO: BB9927

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, T-Station
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:029 B:143 L:309,592870
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5480
  • Lot Size Units: Acres
  • PAGE: 45
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8574
  • Tax Book Number: 42982

Multi Family

  • Gross Income: 22440
  • Net Operating Income: 22440
  • Number Of Units Total: 2
  • Total Actual Rent: 1870
  • 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
Jun 4, 2004
Sold by
Citrano John R
Bought by
Karakoutas Dimitrios
Current Estimated Value
$1,025,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 1998
Sold by
Talbot Nt and Quinn
Bought by
Citrano John R and Citrano Claire D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.03%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Karakoutas Dimitrios $500,100 --
Citrano John R $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Qiao $400,000
Closed Karakoutas Dimitrios $390,000
Closed Karakoutas Dimitrios $60,000
Previous Owner Citrano John R $335,220
Previous Owner Citrano John R $210,000
Previous Owner Citrano John R $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $975,000 +3.9% $371 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $938,000 -- $357 / 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 $91 $800,200 $235,700 $564,500
2024 $8,910 $762,200 $227,300 $534,900
2023 $8,574 $703,400 $202,000 $501,400
2022 $8,226 $666,100 $181,000 $485,100
2021 $8,186 $666,100 $181,000 $485,100
2020 $7,747 $612,400 $161,200 $451,200
2019 $7,245 $546,000 $153,600 $392,400
2018 $7,383 $524,000 $153,600 $370,400
2017 $7,177 $506,500 $153,600 $352,900
2016 $6,754 $445,500 $141,000 $304,500
2015 $6,452 $410,200 $134,300 $275,900
2014 $5,933 $368,500 $122,100 $246,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73132308

MLS Property Information Network (MLS PIN)

APN: MALD-000029-000143-000309