5-7 Clapp St Malden, MA 02148
Linden Neighborhood
4
Beds
2
Baths
2,464
Sq Ft
8,712
Sq Ft Lot
Highlights
- Deck
- Cooling Available
- Tankless Water Heater
- Wood Flooring
- Patio
- Outdoor Storage
About This Home
As of May 2022Turnkey investment property, perfect for investor or owner-occupant! Both units are very nicely updated and in great condition, have separate utilities (common water), all gas heat/hot water AND CENTRAL AIR IN BOTH UNITS! This outstanding two-family home also features hardwood flooring in most rooms, a bonus sunroom/office/den in each unit, nicely appointed kitchens and baths, conventional floor plans, and separate storage AND LAUNDRY for each unit in basement. Letters of Compliance for lead paint for BOTH UNITS! The generously sized backyard features a concrete slab patio and storage shed. Conveniently located near major routes and public transportation. NO OPEN HOUSES; book a private appointment today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,381
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Duplex
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,464 Sq Ft Home
- Property has 1 Level
- Washer
Kitchen
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Utilities
- Cooling Available
- 2 Cooling Zones
- 2 Heating Zones
- Heating Available
- 200+ Amp Service
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
Community Details
- 2 Units
- Net Operating Income $48,600
Listing and Financial Details
- Total Actual Rent $4,050
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:170 B:511 L:121,602654
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 9, 2017
Sold by
Beckwith Louis
Bought by
Beckwith Louis and Beckwith Amy
Current Estimated Value
Purchase Details
Closed on
Jan 22, 2010
Sold by
Nascimento Suelen Dejesus
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 27, 2007
Sold by
Silva Alexandre M and Silva Elaine C
Bought by
Nascimento Suelen Dejesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 1999
Sold by
Grant Mark I and Grant Tracy A
Bought by
Silva Alexandre M and Silva Elaine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 13, 1990
Sold by
Clapp Street Rt
Bought by
Grant Mark L
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Foreclosure Deed | $460,036 | -- | |
| Deed | $500,000 | -- | |
| Deed | $250,000 | -- | |
| Deed | $206,667 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $525,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $205,700 | Credit Line Revolving | |
| Previous Owner | $21,400 | No Value Available | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $405,000 | No Value Available | |
| Previous Owner | $230,500 | No Value Available | |
| Previous Owner | $49,000 | No Value Available | |
| Previous Owner | $237,500 | Purchase Money Mortgage | |
| Previous Owner | $22,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $1,003,142 | +25.4% | $407 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 03/26/2022 03/26/22 | For Sale | $799,900 | +147.3% | $325 / Sq Ft |
| 04/30/2012 04/30/12 | Sold | $323,500 | +2.7% | $131 / Sq Ft |
| 03/31/2012 03/31/12 | Pending | -- | -- | -- |
| 02/22/2012 02/22/12 | For Sale | $314,900 | -- | $128 / 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 | $104 | $923,100 | $324,100 | $599,000 |
| 2024 | $10,157 | $868,900 | $305,000 | $563,900 |
| 2023 | $9,537 | $782,400 | $276,400 | $506,000 |
| 2022 | $8,381 | $678,600 | $252,600 | $426,000 |
| 2021 | $8,954 | $728,600 | $238,300 | $490,300 |
| 2020 | $8,550 | $675,900 | $220,200 | $455,700 |
| 2019 | $8,128 | $612,500 | $209,700 | $402,800 |
| 2018 | $7,803 | $553,800 | $173,900 | $379,900 |
| 2017 | $7,458 | $526,300 | $173,900 | $352,400 |
| 2016 | $6,861 | $452,600 | $159,600 | $293,000 |
| 2015 | $6,640 | $422,100 | $152,000 | $270,100 |
| 2014 | $6,240 | $387,600 | $138,200 | $249,400 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Sarno
Seller's Agent in 2022
Andrew Sarno
RE/MAX
(617) 755-8897
1 in this area
40 Total Sales
-
Ryan Wilson
Buyer's Agent in 2022
Ryan Wilson
Keller Williams Realty
(781) 424-6286
1 in this area
673 Total Sales
-
Thomas Mario
Seller's Agent in 2012
Thomas Mario
Century 21 Mario Real Estate
(978) 375-5049
1 in this area
86 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72957911
APN: MALD-000170-000511-000121
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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