Seller's Agent in 2022
Kristin Gennetti
Century 21 North East
(781) 704-7040
8 in this area
140 Total Sales
50-52 Cedar St Malden, MA 02148
West End NeighborhoodEstimated Value: $971,045 - $1,194,000
6
Beds
3
Baths
3,232
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Medical Services
- 5-minute walk to Malden Center Station
- Corner Lot
- Property is near public transit
- Wood Flooring
- Community Pool
About This Home
As of November 2022Attention INVESTORS & CONTRACTORS! This TWO family DUPLEX style home has endless possibilities! Oversized on a corner lot with a potential to convert to condos this home features three levels of living including 6 bedrooms and 3 full baths! Unit one has 3 levels and features three bedrooms, two full baths; one with laundry, a spacious kitchen, dining room and & a family room. Unit two has three levels & features a spacious kitchen with extended eating area, an office, three bedrooms, and one full bath. Also featuring two driveways with off street parking, separate utilities, and a large and separated basement, as well as low maintenance siding, and a nice front porch. This property sits in the West End neighborhood and is close to Malden's MBTA station as well as its booming downtown; featuring great eateries, breweries, and shops. Walk score of 87 & will be delivered vacant. Massive upside in location, rehab potential, and income generation!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,680
Year Built
- Built in 1890
Lot Details
- 4,918 Sq Ft Lot
- Property fronts an easement
- Fenced
- Corner Lot
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,232 Sq Ft Home
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Range Hood
- Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Separate Meters
Listing and Financial Details
- Legal Lot and Block 806 / 128
- Assessor Parcel Number 022 128 806,592464
Community Details
Overview
- 2 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 29, 2024
Sold by
Rjj Properties Llc
Bought by
50-52 Cedar Street Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,000
Outstanding Balance
$664,052
Interest Rate
6.9%
Mortgage Type
Commercial
Estimated Equity
$272,783
Purchase Details
Closed on
Nov 8, 2012
Sold by
Heyward Philip E and Heyward Mary C
Bought by
Buonopane Kim
Purchase Details
Closed on
Jan 1, 1974
Bought by
Heyward Philip E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 50-52 Cedar Street Llc | -- | None Available | |
| 50-52 Cedar Street Llc | -- | None Available | |
| Buonopane Kim | -- | -- | |
| Buonopane Kim | -- | -- | |
| Heyward Philip E | $35,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 50-52 Cedar Street Llc | $671,000 | |
| Closed | 50-52 Cedar Street Llc | $671,000 | |
| Previous Owner | Rjj Properties Llc | $832,000 | |
| Previous Owner | Coleman Karl B | $370,000 | |
| Previous Owner | Heyward Philip E | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $790,000 | -7.0% | $244 / Sq Ft |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- |
| 09/22/2022 09/22/22 | For Sale | $849,900 | -- | $263 / 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 | $92 | $814,900 | $303,400 | $511,500 |
| 2024 | $9,215 | $788,300 | $287,000 | $501,300 |
| 2023 | $9,063 | $743,500 | $262,400 | $481,100 |
| 2022 | $8,680 | $702,800 | $237,800 | $465,000 |
| 2021 | $8,385 | $682,300 | $217,300 | $465,000 |
| 2020 | $8,076 | $638,400 | $206,700 | $431,700 |
| 2019 | $7,216 | $543,800 | $196,800 | $347,000 |
| 2018 | $7,042 | $499,800 | $166,100 | $333,700 |
| 2017 | $6,361 | $448,900 | $166,100 | $282,800 |
| 2016 | $6,346 | $418,600 | $157,900 | $260,700 |
| 2015 | $6,092 | $387,300 | $148,800 | $238,500 |
| 2014 | $5,733 | $356,100 | $135,300 | $220,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kristin Gennetti
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73040168
APN: MALD-000022-000128-000806
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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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