NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $1,139,000

7 Beds
3 Baths
2,823 Sq Ft
$384/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $670,000 $237 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,914/month

25 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • 5-minute walk to Fellsmere Park
  • Porch

About This Home

As of December 2019

One lucky family will get the chance to enjoy this massive two-family full of history and charm. Striking architecture, period designs, and the ideal location to build equity and enjoy city life - you can have it all! Minutes from the vibrant restaurant and downtown district of Malden with all its development and T station, you'll find this classic multifamily with elegant style apartments, high ceilings, hardwood floors, fireplaces and expansive layout with a lot of opportunity for the visionary. Second unit standouts with its two levels of living area, the potential for five bedrooms and two bathrooms, can you see the rental possibilities? A well-structured three-bay garage and ample driveway add to this offering. Close to all the action, this home is a stroll away from the T station, the bike path, breweries, local restaurants, Fellsmere Pond, entertainment & convenient to Boston, the casino and the airport. Built to last, a huge opportunity for the savvy purchaser! See it today!

Last Agent to Sell the Property

Mission Impossible Team

United Brokers Listed on: 10/11/2019

Co-Listed By

Juan Saenz

United Brokers

Last Buyer's Agent

Angela Cui

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $89

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • 3 Car Garage

Flooring

  • Wood Flooring

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:026 B:108 L:832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$89

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 247.95
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB9067
  • Main So: BB5474
  • Estimated Sq Ft: 2823.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Patio

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: for Gas Range, for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Schools

  • Elementary School: Lincoln
  • Middle School: Beebe
  • High School: Malden High

Lot Info

  • Assessments: 629900.00
  • Acre: 0.16
  • Lot Size: 6875.00
  • Page: 429
  • Parcel Number: M:026 B:108 L:832
  • Zoning: ResA

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 16
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8359.00
  • Assessor Parcel Number: 592617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Dec 5, 2019
Sold by
491 Pleasant Street Rt
Bought by
Lu Xiuhua and You Chaofang
Seller's Agent
Mission Impossible Team
United Brokers
Buyer's Agent
Angela Cui
Keller Williams Realty
List Price
$699,974
Sold Price
$670,000
Premium/Discount to List
-$29,974
-4.28%
Current Estimated Value
$1,084,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,160
Avg. Annual Appreciation
8.81%
Original Mortgage
$402,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2011
Sold by
Zagarella Frank
Bought by
491 Pleasant Street Rt and Zagarella Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2010
Sold by
491 Pleasant Street Rt and Zagarella Frank
Bought by
Zagarella Frank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lu Xiuhua $670,000 None Available
491 Pleasant Street Rt $305,000 --
Zagarella Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Xiuhua $400,000
Closed Lu Xiuhua $402,000
Previous Owner 491 Pleasant Street Rt $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $670,000 -4.3% $237 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $699,974 -- $248 / 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 $89 $789,300 $249,400 $539,900
2024 $8,763 $749,600 $240,500 $509,100
2023 $8,443 $692,600 $213,800 $478,800
2022 $8,089 $655,000 $191,500 $463,500
2021 $8,050 $655,000 $191,500 $463,500
2020 $8,519 $673,400 $170,600 $502,800
2019 $8,359 $629,900 $162,500 $467,400
2018 $8,515 $604,300 $162,500 $441,800
2017 $8,274 $583,900 $162,500 $421,400
2016 $7,798 $514,400 $149,200 $365,200
2015 $7,458 $474,100 $142,100 $332,000
2014 $6,929 $430,400 $129,100 $301,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72578805

MLS Property Information Network (MLS PIN)

APN: MALD-000026-000108-000832