Seller's Agent in 2020
Matt Gorman
EDGE Realty Advisors
(617) 477-0601
15 in this area
69 Total Sales
5-7 Malbert Rd Brighton, MA 02135
Brighton NeighborhoodEstimated Value: $1,865,000 - $2,810,000
14
Beds
5
Baths
5,820
Sq Ft
$406/Sq Ft
Est. Value
About This Home
As of January 2020Incredibly oversized multi-family in the heart of Brighton! Both units currently leased through 8/31/20. Carefully-maintained and recently updated, this modernized multi-family is a rare find in Brighton. Features include incredibly high ceilings, renovated kitchens, newer bathrooms, and 6 off-street parking spaces! You won't find many 2 family homes with the rent roll, square footage, or development potential this one offers. The roof, heating systems, kitchens, baths, and windows are in fantastic condition and have been maintained to a high standard. Further development can increase your income, or keep it as-is and get over $11K per month! You won't find other properties like this expansive, stately home. Make your next wise investment here!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,742
Year Built
- Built in 1885
Lot Details
- 6,098
Flooring
- Wood
- Tile
Outdoor Features
- Rain Gutters
- Porch
Additional Features
- Year Round Access
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2019
Closed on
Jan 2, 2020
Sold by
Heles Irt
Bought by
Loo Cheen Y and Zee Robert Y
Seller's Agent
Matt Gorman
EDGE Realty Advisors
Buyer's Agent
Gareth Gorman
Brokers Collaborative
List Price
$1,775,000
Sold Price
$1,750,000
Premium/Discount to List
-$25,000
-1.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,562
Avg. Annual Appreciation
5.13%
Original Mortgage
$1,312,500
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 22, 2017
Closed on
Oct 26, 2017
Sold by
Ledbetter Stephen
Bought by
Leslie David
Seller's Agent
Arthur Deych
Block Realty
Buyer's Agent
Dino Bacoka
Red Tree Real Estate
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%
Purchase Details
Closed on
Aug 25, 2017
Sold by
5-7 Malbert Llc
Bought by
Ledbetter Stephen
Purchase Details
Closed on
Jun 3, 2005
Sold by
Sander Marcel
Bought by
Ledbetter Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loo Cheen Y | $1,750,000 | None Available | |
| Leslie David | $1,745,000 | -- | |
| Ledbetter Stephen | -- | -- | |
| Ledbetter Stephen | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zee Robert | $284,000 | |
| Open | Loo Cheen Y | $1,001,000 | |
| Closed | Loo Cheen Y | $1,312,500 | |
| Previous Owner | Ledbetter Stephen | $460,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2020 01/13/20 | Sold | $1,750,000 | 0.0% | $301 / Sq Ft |
| 12/10/2019 12/10/19 | Pending | -- | -- | -- |
| 11/30/2019 11/30/19 | Off Market | $1,750,000 | -- | -- |
| 11/15/2019 11/15/19 | Price Changed | $1,750,000 | -1.4% | $301 / Sq Ft |
| 10/23/2019 10/23/19 | For Sale | $1,775,000 | +4.4% | $305 / Sq Ft |
| 10/26/2017 10/26/17 | Sold | $1,700,000 | -5.6% | $266 / Sq Ft |
| 09/19/2017 09/19/17 | Pending | -- | -- | -- |
| 08/22/2017 08/22/17 | For Sale | $1,800,000 | -- | $281 / 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 | $19,742 | $1,704,800 | $396,000 | $1,308,800 |
| 2024 | $20,557 | $1,886,000 | $392,000 | $1,494,000 |
| 2023 | $18,121 | $1,687,200 | $362,800 | $1,324,400 |
| 2022 | $17,157 | $1,576,900 | $339,100 | $1,237,800 |
| 2021 | $16,826 | $1,576,900 | $339,100 | $1,237,800 |
| 2020 | $15,815 | $1,497,600 | $274,500 | $1,223,100 |
| 2019 | $15,457 | $1,466,500 | $217,000 | $1,249,500 |
| 2018 | $11,454 | $1,092,900 | $217,000 | $875,900 |
| 2017 | $11,351 | $1,071,900 | $217,000 | $854,900 |
| 2016 | $10,531 | $957,400 | $217,000 | $740,400 |
| 2015 | $10,318 | $852,000 | $205,800 | $646,200 |
| 2014 | $9,190 | $730,500 | $205,800 | $524,700 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Gorman
-
Gareth Gorman
G
Buyer's Agent in 2020
Gareth Gorman
Brokers Collaborative
(617) 267-8877
4 Total Sales
-
Arthur Deych
Seller's Agent in 2017
Arthur Deych
Block Realty
(617) 869-4907
2 in this area
165 Total Sales
-
Dino Bacoka
Buyer's Agent in 2017
Dino Bacoka
Red Tree Real Estate
(617) 487-8015
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72583844
APN: BRIG-000000-000022-004131-000100
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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