NOT LISTED FOR SALE

54 Newman Rd Unit 4 Malden, MA 02148

Bellrock Neighborhood

Estimated Value: $258,000 - $308,822

1 Bed
1 Bath
427 Sq Ft
$335/mo HOA Fee

Last Sold August 13, 2021

Last sale price $205,000 $480 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,852/month

4 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Wood Flooring
  • No Units Above
  • Property is near public transit
  • Window Unit Cooling System

About This Home

As of August 2021

Check this out!! Fresh and clean garden-style condo near the Orange Line in Malden! Great potential for renting out, making this a great opportunity to invest in the Greater Boston market. Unit features fresh paint, refinished hardwood floors, large bedroom and tons of sunlight! Extra-large storage unit (#96) in the basement along with coin-op laundry. 1 deeded parking space (#91). Enjoy several amenities on behalf of the association, with a tennis court, swimming pool, and well-maintained exterior grounds! Close to Encore Boston Harbor Casino, with shopping at Fellsway, Assembly Row, & Downtown Malden. Grocery stores, parks, public schools are all under a mile away. Showings are only at the open houses so make sure to come check them out! Saturday (6/26) 1-3 and Sunday (6/27) 11:30 - 1 pm. No FHA financing.

Last Agent to Sell the Property

Silver Key Homes

Silver Key Homes Realty Listed on: 06/24/2021

Silver Key Homes Realty

Last Buyer's Agent

SK Group

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1955

Lot Details

  • No Units Above
  • Landscaped Professionally
  • Garden

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Garden Home

Interior Spaces

  • 427 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:068 B:300 L:00218,594947

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 86 Units
  • Village Green At Malden Condominium Community

Amenities

  • Common Area
  • Shops
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,401

Year Built

Built in 1955

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1955
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Carpet
  • Fireplace YN: No
  • Appliances: Range,Microwave,Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: In Building
  • Living Area: 427
  • Stories Total: 1
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 468.15
  • PRICE PER Sq Ft: 480.09
  • MAIN SO: BB5474

Exterior Features

  • Exterior Features: Garden, Professional Landscaping, Tennis Court(s)
  • Common Walls: No One Above
  • Pool Features: Association, In Ground
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Tennis Court(s), Storage
  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 4
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:068 B:300 L:00218,594947
  • Zoning: ResB
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 417
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2401
  • Tax Book Number: 16326

Multi Family

  • Number Of Units Total: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 13, 2021
Sold by
Prager Richard Est
Bought by
Constantine Lawrence R
Seller's Agent
Silver Key Homes
Silver Key Homes Realty
Buyer's Agent
SK Group
Keller Williams Realty Boston Northwest
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$274,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,097
Avg. Annual Appreciation
7.27%
Original Mortgage
$184,500
Outstanding Balance
$170,281
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,969

Purchase Details

Closed on
Jul 1, 1985
Bought by
Prager Richard A
Source: Public Records

Range of Values:

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Average Value
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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
Constantine Lawrence R $205,000 None Available
Prager Richard A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Constantine Lawrence R $184,500
Previous Owner Prager Richard A $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $205,000 +2.6% $480 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $199,900 -- $468 / 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 $34 $301,300 $0 $301,300
2024 $2,857 $244,400 $0 $244,400
2023 $2,699 $221,400 $0 $221,400
2022 $2,670 $216,200 $0 $216,200
2021 $2,401 $195,400 $0 $195,400
2020 $2,377 $187,900 $0 $187,900
2019 $2,329 $175,500 $0 $175,500
2018 $2,332 $165,500 $0 $165,500
2017 $1,768 $124,800 $0 $124,800
2016 $1,784 $117,700 $0 $117,700
2015 $1,726 $109,700 $0 $109,700
2014 $1,723 $107,000 $0 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72856259

MLS Property Information Network (MLS PIN)

APN: MALD-000068-000300-000218