NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,214,000

8 Beds
2 Baths
2,920 Sq Ft
$378/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $920,000 $315 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,031/month

53 Days on Market

About This Home

As of October 2021

Extremely well maintained 2 family in the heart of Malden. 2 Four bedroom units is a rare find. Hardwood/bamboo throughout the building. Excellent rental history. About a mile from Malden Center T and easy access to Bus, right next to the building. Very good Off street parking and Street parking.

Last Agent to Sell the Property

Vijoy Abraham

Abraham Realty Listed on: 07/06/2021

Last Buyer's Agent

Jose Aguilar

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $103

Year Built

  • 1881

Lot Details

  • 5,227

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$103

Year Built

1881

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Please use GPS
  • Garage Yn: No
  • Year Built Details: Unknown/Mixed
  • Special Features: None
  • Year Built: 1881

Interior Features

  • Appliances: Unit 1(Range,Microwave,Refrigerator,Freezer,Washer,Dryer), Unit 2(Range,Microwave,Refrigerator,Freezer,Washer,Dryer), Gas Water Heater
  • Has Basement: Full
  • Total Bathrooms: 2
  • MAIN LO: AN4147
  • LIST PRICE PER Sq Ft: 307.88
  • PRICE PER Sq Ft: 315.07
  • MAIN SO: BB9067
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace: No
  • Interior Amenities: Living Room, Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle, Rubber
  • Foundation Details: Concrete Perimeter
  • Disclosures: The First Floor Is Vacant In Preparation For Listing The Property. There Is A Half Finished Bathroom In The Basement.
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 5

Utilities

  • Heating: Unit 1(Forced Air), Unit 2(Forced Air)
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • LOT SIZE: 5421
  • PAGE: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: ResA

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 75600
  • Property Net Operating Income: 69640
  • Number Of Units Total: 2
  • Total Actual Rent: 6300

Tax Info

  • Tax Annual Amount: 7306
  • Tax Book Number: 66919
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Oct 15, 2021
Sold by
Matthew & Athyal Llc
Bought by
Sanchez Jose A and Imul-Sanchez Davied J
Seller's Agent
Vijoy Abraham
Abraham Realty
Buyer's Agent
Jose Aguilar
United Brokers
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%
Current Estimated Value
$1,105,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,186
Avg. Annual Appreciation
3.16%
Original Mortgage
$903,336
Outstanding Balance
$829,102
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$208,102

Purchase Details

Closed on
Jan 2, 2018
Sold by
Mathai Mani T and Athyal Annie E
Bought by
Matthew & Athyal Llc

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 11, 2016
Sold by
Tran Thai H and Tran Hoai-Thu P
Bought by
Athyal Annie E and Mathai Mani T
Seller's Agent
Angie Sciarappa
North Star RE Agents, LLC
Buyer's Agent
Ed Greable
Keller Williams Realty Boston Northwest
List Price
$499,000
Sold Price
$570,000
Premium/Discount to List
$71,000
14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$427,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Tran Joseph T and Nguyen Anna T
Bought by
Tran Thai

Purchase Details

Closed on
Feb 11, 1993
Sold by
Vargus Steven T and Vargus Barbara
Bought by
Tran Joseph T and Nguyen Anna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Sanchez Jose A $920,000 None Available
Matthew & Athyal Llc -- --
Athyal Annie E $570,000 --
Tran Thai -- --
Tran Joseph T $139,000 --
Tran Joseph T $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jose A $903,336
Previous Owner Athyal Annie E $427,500
Previous Owner Tran Thai H $110,000
Previous Owner Vargus Steven T $150,000
Previous Owner Vargus Steven T $125,100
Previous Owner Vargus Steven T $125,100
Previous Owner Vargus Steven T $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $920,000 +2.3% $315 / Sq Ft
07/11/2021 07/11/21 Price Changed $899,000 -5.4% $308 / Sq Ft
07/05/2021 07/05/21 For Sale $950,000 +66.7% $325 / Sq Ft
03/11/2016 03/11/16 Sold $570,000 +14.2% $195 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $499,000 -- $171 / 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 $103 $906,300 $302,300 $604,000
2024 $9,987 $854,300 $285,500 $568,800
2023 $9,685 $794,500 $260,300 $534,200
2022 $7,653 $619,700 $235,100 $384,600
2021 $7,306 $594,500 $209,900 $384,600
2020 $7,092 $560,600 $202,800 $357,800
2019 $6,960 $524,500 $193,100 $331,400
2018 $6,528 $463,300 $159,600 $303,700
2017 $6,391 $451,000 $153,300 $297,700
2016 $5,847 $385,700 $140,700 $245,000
2015 $5,668 $360,300 $133,900 $226,400
2014 $5,337 $331,500 $121,800 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72860273

MLS Property Information Network (MLS PIN)

APN: MALD-000101-000430-000004