M
Seller's Agent in 2022
Matthew Pierce
True North Realty
52 Crescent Ave Malden, MA 02148
Waitts Mount NeighborhoodEstimated Value: $1,175,000 - $1,404,000
8
Beds
3
Baths
4,904
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- 3 Fireplaces
- City View
- Wood Flooring
- Jogging Path
About This Home
As of May 2022Looking for a clean turn key investment property walking distance to the Orange-line? Here is the property for you! This grand 3 family Victorian in Malden’s Oak Grove area offers two, 3 bedroom apartments and one 2 bedroom apartment. All units have hardwood floors and are nicely laid out with a living room and dining room and eat-in-kitchen. Each unit also includes laundry and pantry area. In the basement, each unit is on a separate hot water tank and separate gas heating systems. All 3 units have letters of compliance for lead paint. 2 units have been freshly painted and upgrades to the kitchens and baths vary per unit. Each unit has access into the basement which is a walkout and has ample area for storage or expansion opportunities. The backyard has 2 car garage, garden area and patio area. A list of upgrades during ownership are extensive of which a list is included in the attachments. If you are looking for your first investment or to add to your portfolio, this is it!
Last Agent to Sell the Property
Matthew Pierce
True North Realty Listed on: 03/23/2022
Last Buyer's Agent
Matthew Pierce
True North Realty Listed on: 03/23/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,337
Year Built
- Built in 1896
Lot Details
- 4,792 Sq Ft Lot
- Garden
Parking
- 2 Car Garage
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 4,904 Sq Ft Home
- 3 Fireplaces
- Wood Flooring
- City Views
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Schools
- Beebe Elementary And Middle School
- Malden High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Separate Meters
- 100 Amp Service
- Gas Water Heater
Additional Features
- Enclosed Patio or Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $6,750
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 595337
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Net Operating Income $81,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2022
Closed on
May 26, 2022
Sold by
Cannon Daniel R and Cannon Emily R
Bought by
Pallanca Isabelle
Seller's Agent
Matthew Pierce
True North Realty
Buyer's Agent
Matthew Pierce
True North Realty
List Price
$1,149,000
Sold Price
$1,222,000
Premium/Discount to List
$73,000
6.35%
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
$86,771
Avg. Annual Appreciation
1.77%
Original Mortgage
$916,393
Outstanding Balance
$860,691
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$448,080
Purchase Details
Listed on
Feb 3, 2018
Closed on
May 4, 2018
Sold by
Cannon Daniel R
Bought by
Cannon Daniel R and Cannon Emily R
Seller's Agent
Matthew Pierce
True North Realty
Buyer's Agent
Giovanni Allen
PadMatch Realty
Sold Price
$1,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2005
Sold by
Boviard Diane B and Boviard James W
Bought by
Cannon Daniel R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pallanca Isabelle | $1,222,000 | None Available | |
| Cannon Daniel R | -- | -- | |
| Cannon Daniel R | $690,000 | -- | |
| Cannon Daniel R | $690,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pallanca Isabelle | $916,393 | |
| Previous Owner | Cannon Daniel R | $493,000 | |
| Previous Owner | Cannon Daniel R | $552,000 | |
| Previous Owner | Cannon Daniel R | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2022 05/26/22 | Sold | $1,222,000 | +6.4% | $249 / Sq Ft |
| 03/29/2022 03/29/22 | Pending | -- | -- | -- |
| 03/23/2022 03/23/22 | For Sale | $1,149,000 | 0.0% | $234 / Sq Ft |
| 03/11/2018 03/11/18 | Rented | $1,800 | -2.7% | -- |
| 02/16/2018 02/16/18 | Price Changed | $1,850 | -7.5% | $2 / Sq Ft |
| 02/03/2018 02/03/18 | For Rent | $2,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
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 | $12,793 | $1,130,100 | $305,300 | $824,800 |
| 2024 | $12,464 | $1,066,200 | $288,800 | $777,400 |
| 2023 | $13,565 | $1,112,800 | $264,000 | $848,800 |
| 2022 | $9,338 | $756,100 | $239,300 | $516,800 |
| 2021 | $9,038 | $735,400 | $218,600 | $516,800 |
| 2020 | $10,221 | $808,000 | $207,900 | $600,100 |
| 2019 | $10,003 | $753,800 | $198,000 | $555,800 |
| 2018 | $9,736 | $691,000 | $167,100 | $523,900 |
| 2017 | $9,249 | $652,700 | $167,100 | $485,600 |
| 2016 | $8,512 | $561,500 | $158,800 | $402,700 |
| 2015 | $8,187 | $520,500 | $149,700 | $370,800 |
| 2014 | $7,699 | $478,200 | $136,100 | $342,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Michael Pierce
Seller Co-Listing Agent in 2018
Michael Pierce
Mystic Properties Real Estate
(781) 864-1926
19 Total Sales
-
G
Buyer's Agent in 2018
Giovanni Allen
PadMatch Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72956609
APN: MALD-000072-000824-000408
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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