NOT LISTED FOR SALE

540 Pleasant St Unit 542 Malden, MA 02148

West End Neighborhood

Estimated Value: $957,000 - $1,194,000

6 Beds
3 Baths
3,309 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $870,000 $263 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,735/month

5 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Shops
  • Tennis Courts
  • Park
  • 2 Car Garage

About This Home

As of August 2023

Investors, contractors and owner-occupants, this is the opportunity you've been waiting for. Welcome to 540-542 Pleasant St. in Malden, a MASSIVE two-family home located steps from the Malden/Medford line. This charming property offers a unique opportunity for homeownership or investment in a highly sought-after location. The units boast spacious living areas, abundant natural light, and hardwood floors throughout most living areas. Partially finished attic and basement add even more living space. Additional highlights include a cute and welcoming front yard, private backyard, 2 car detached garage, and plenty of additional off-street parking for convenience. Enjoy the proximity to local amenities, including shops, restaurants, and parks. With easy access to public transportation and major highways, this property ensures effortless commuting. Don't miss out on this fantastic chance to own a versatile property in a highly desirable neighborhood. Showings during Open House times ONLY.

Last Agent to Sell the Property

Shawna Rosher Smith

Flow Realty, Inc. Listed on: 06/01/2023

Last Buyer's Agent

Angela Cui

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,310

Year Built

  • Built in 1930

Lot Details

  • 6,168 Sq Ft Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 3,309 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:028 B:148 L:805,592672

Community Details

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,310

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished
  • Living Area: 3309
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB4184
  • LIST PRICE PER Sq Ft: 271.68
  • PRICE PER Sq Ft: 262.92
  • MAIN SO: BB6013

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:028 B:148 L:805,592672
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6168
  • Lot Size Units: Acres
  • PAGE: 533
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6310.23
  • Tax Book Number: 52171

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2014
Sold by
Kwong Chun K and Kwong Xue L
Bought by
Kwong Chun K and Kwong Xue L
Current Estimated Value
$1,051,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2009
Sold by
Perry Charles and Perry Judith
Bought by
Kwong Chun Kwok and Sito-Kwong Xue Lian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.28%
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
Kwong Chun K -- --
Kwong Chun Kwok $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Alan K $696,000
Closed Zheng Alan K $50,000
Closed Kwong Chun K $133,000
Previous Owner Kwong Chun Kwok $225,000
Previous Owner Perry Charles F $150,000
Previous Owner Perry Charles $100,000
Previous Owner Perry Charles $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $870,000 -3.2% $263 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $899,000 0.0% $272 / Sq Ft
06/04/2023 06/04/23 Off Market $899,000 -- --
06/01/2023 06/01/23 For Sale $899,000 -- $272 / 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 $93 $823,500 $242,400 $581,100
2024 $9,147 $782,500 $233,800 $548,700
2023 $8,832 $724,500 $207,800 $516,700
2022 $8,465 $685,400 $186,100 $499,300
2021 $8,436 $686,400 $186,100 $500,300
2020 $7,978 $630,700 $165,800 $464,900
2019 $7,971 $600,700 $158,000 $442,700
2018 $8,102 $575,000 $158,000 $417,000
2017 $7,856 $554,400 $158,000 $396,400
2016 $7,351 $484,900 $145,000 $339,900
2015 $6,992 $444,500 $138,100 $306,400
2014 $6,458 $401,100 $125,500 $275,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73118520

MLS Property Information Network (MLS PIN)

APN: MALD-000028-000148-000805