NOT LISTED FOR SALE

51 Fellsway E Malden, MA 02148

West End Neighborhood

Estimated Value: $1,044,000 - $1,626,681

9 Beds
3 Baths
4,440 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $1,400,000 $315 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,048/month

18 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Tandem Parking
  • Wood Flooring
  • Porch
  • Cooling Available

About This Home

As of March 2023

Three Level Row House - Triple Decker - Malden/Medford Line. New Vinyl Siding, Newer Gas Heat/Hot Water Systems. Many Updates 2016/2017/2023 - Kitchen & Bathrooms. Three New Gas Heating Burners added March 2023. Parking for 7-10 Vehicles. Coin-Op Laundry income(basement) - Assigned Storage Areas in basement. Great Investment Property/1031 Exchange. Buyer, Buyer's Agent/Attorney responsible for due diligence. Great Investment/Income Potential - 1031 exchange.

Last Agent to Sell the Property

William Brennan

Greater Metropolitan R. E. Listed on: 01/05/2023

Last Buyer's Agent

Willer Silva

Invest Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,698

Year Built

  • Built in 1900

Lot Details

  • 4,901 Sq Ft Lot
  • Property fronts a private road
  • Near Conservation Area

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,440 Sq Ft Home
  • Insulated Windows
  • Dishwasher

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 7 Car Parking Spaces
  • Tandem Parking
  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Porch

Listing and Financial Details

  • Total Actual Rent $6,300
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 315 / 153

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park
  • Jogging Path

Building Details

  • Water Sewer Expense $3,600
  • Operating Expense $3,600
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,698

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 1.5
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood,Pine, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Other, Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Concrete
  • Living Area: 4440
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: NB1092
  • LIST PRICE PER Sq Ft: 320.95
  • PRICE PER Sq Ft: 315.32
  • MAIN SO: NB5311

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public, Private Road
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Tandem, Assigned, Driveway, Paved, Other
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service, Common
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Conservation Area, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 3600

Lot Info

  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4901
  • Lot Size Units: Acres
  • PAGE: 395
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14698
  • Tax Block: 153
  • Tax Book Number: 76318
  • Tax Lot: 315
  • Tax Map Number: 028

Multi Family

  • Gross Income: 24000
  • Net Operating Income: 20400
  • Number Of Units Total: 3
  • Operating Expense: 3600
  • Total Actual Rent: 6300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Kierce Christopher D and Kierce Amanda D
Bought by
Somerville City Club Inc
Total Days on Market
18
Current Estimated Value
$1,431,420

Purchase Details

Listed on
May 13, 2014
Closed on
Jul 1, 2014
Sold by
Hart Darlene and Hart George
Bought by
Kierce Christopher D and Kierce Amanda D
Seller's Agent
Janet Roach Enegren
RE/MAX Andrew Realty Services
Buyer's Agent
Janet Roach Enegren
RE/MAX Andrew Realty Services
List Price
$549,000
Sold Price
$610,000
Premium/Discount to List
$61,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$442,500
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Somerville City Club Inc $1,275,000 None Available
Kierce Christopher D $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biscalquim Veronice $980,000
Previous Owner Kierce Christopher D $112,000
Previous Owner Kierce Christopher D $599,200
Previous Owner Kierce Christopher D $442,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $1,400,000 -1.8% $315 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $1,425,000 -1.7% $321 / Sq Ft
01/05/2023 01/05/23 For Sale $1,450,000 +137.7% $327 / Sq Ft
06/30/2014 06/30/14 Sold $610,000 +11.1% $137 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $549,000 -- $124 / 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 $153 $1,350,700 $279,300 $1,071,400
2024 $14,513 $1,241,500 $262,900 $978,600
2023 $14,652 $1,202,000 $238,300 $963,700
2022 $14,698 $1,190,100 $217,700 $972,400
2021 $10,109 $822,500 $205,400 $617,100
2020 $10,211 $807,200 $207,000 $600,200
2019 $9,675 $729,100 $197,200 $531,900
2018 $9,058 $642,900 $166,400 $476,500
2017 $8,180 $577,300 $156,100 $421,200
2016 $8,423 $555,600 $147,900 $407,700
2015 $7,151 $454,600 $131,000 $323,600
2014 $6,237 $387,400 $119,100 $268,300
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    William Brennan

    Greater Metropolitan R. E.

    (781) 454-5289

    1 in this area

    25 Total Sales

    William Brennan
    Section Image
  • Willer Silva

    Buyer's Agent in 2023

    Willer Silva

    Invest Realty Group

    (617) 962-5470

    1 in this area

    30 Total Sales

    Willer Silva
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73068463

MLS Property Information Network (MLS PIN)

APN: MALD-000028-000153-000315

Massachusetts Middlesex County Malden 02148 West End

51 Fellsway E, Malden, MA

This home is located at 51 Fellsway E, Malden, MA 02148 since 05 January 2023 and is currently estimated at $1,431,420, approximately $322 per square foot. This property was built in 1900. 51 Fellsway E is a home located in Middlesex County with nearby schools including Malden High School, Mystic Valley Regional Charter School, and Cheverus Catholic School.

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