Seller's Agent in 2021
Michelle Luong
Trinity Real Estate
(617) 620-7754
3 in this area
16 Total Sales
55 Lanark Rd Malden, MA 02148
Forestdale NeighborhoodEstimated Value: $708,000 - $773,000
3
Beds
2
Baths
1,473
Sq Ft
$511/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Patio
- 4-minute walk to Alex Gentile Memorial Park
About This Home
As of August 2021Move right in to this lovingly maintained, tastefully updated 3 bed/1.5 bath cape on a peaceful cul-de-sac in Malden's desirable Forestdale neighborhood. Less than 1.5 miles to Oak Grove Station as well as the shops and fine dining of downtown Malden and Melrose, this sweet urban oasis offers the space of the suburbs with the conveniences of city living. Inside, original wood floors and classic mid-century fixtures are complemented by thoughtful improvements including newer appliances and a finished walk-out basement; outside, the spacious and private lot is enhanced by lush custom landscaping, a roomy new shed, and a pristine patio built for entertaining. Boasting 2 off-street parking spots, ample storage throughout, and updates including new roof (2015, with 50-year non-prorated warranty), new insulation (2017), new boiler (2018), and new hot water tank (2018, with a 10-year warranty), this Malden charmer makes home ownership a breeze. Don't miss it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $77
Year Built
- Built in 1952
Lot Details
- 5,663
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2021
Closed on
Jul 30, 2021
Sold by
Martha-Reynolds Erick O and Martha-Reynolds John
Bought by
Tavares Kelsey
Seller's Agent
Michelle Luong
Trinity Real Estate
Buyer's Agent
The Denman Group
Compass
List Price
$549,900
Sold Price
$631,500
Premium/Discount to List
$81,600
14.84%
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
$120,575
Avg. Annual Appreciation
3.42%
Original Mortgage
$599,925
Outstanding Balance
$551,591
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,380
Purchase Details
Closed on
Oct 21, 2016
Sold by
Martha-Reynolds John
Bought by
Martha-Reynolds John and Martha-Reynolds Erick O
Purchase Details
Listed on
Oct 17, 2014
Closed on
Jan 30, 2015
Sold by
Hollis Chester C
Bought by
Martha-Reynolds John
Seller's Agent
Patsy Chinchillo
RE/MAX Encore
Buyer's Agent
Michelle Luong
Trinity Real Estate
List Price
$299,900
Sold Price
$309,900
Premium/Discount to List
$10,000
3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$300,600
Interest Rate
3.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2014
Sold by
Hollis James H
Bought by
Hollis Chester C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tavares Kelsey | $631,500 | None Available | |
| Martha-Reynolds John | -- | -- | |
| Martha-Reynolds John | $309,900 | -- | |
| Hollis Chester C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tavares Kelsey | $599,925 | |
| Previous Owner | Martha-Reynolds John | $300,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2021 08/02/21 | Sold | $631,500 | +14.8% | $429 / Sq Ft |
| 06/15/2021 06/15/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | For Sale | $549,900 | +77.4% | $373 / Sq Ft |
| 01/30/2015 01/30/15 | Sold | $309,900 | 0.0% | $218 / Sq Ft |
| 01/10/2015 01/10/15 | Pending | -- | -- | -- |
| 12/29/2014 12/29/14 | Off Market | $309,900 | -- | -- |
| 12/28/2014 12/28/14 | For Sale | $299,900 | -3.2% | $211 / Sq Ft |
| 12/23/2014 12/23/14 | Off Market | $309,900 | -- | -- |
| 12/15/2014 12/15/14 | For Sale | $299,900 | -3.2% | $211 / Sq Ft |
| 11/11/2014 11/11/14 | Pending | -- | -- | -- |
| 10/29/2014 10/29/14 | Off Market | $309,900 | -- | -- |
| 10/27/2014 10/27/14 | For Sale | $299,900 | -3.2% | $211 / Sq Ft |
| 10/21/2014 10/21/14 | Off Market | $309,900 | -- | -- |
| 10/17/2014 10/17/14 | For Sale | $299,900 | -- | $211 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $77 | $682,000 | $317,000 | $365,000 |
| 2024 | $7,327 | $626,800 | $294,700 | $332,100 |
| 2023 | $7,098 | $582,300 | $268,300 | $314,000 |
| 2022 | $5,482 | $443,900 | $227,600 | $216,300 |
| 2021 | $5,079 | $413,300 | $203,200 | $210,100 |
| 2020 | $4,950 | $391,300 | $196,300 | $195,000 |
| 2019 | $4,784 | $360,500 | $187,000 | $173,500 |
| 2018 | $4,660 | $330,700 | $164,600 | $166,100 |
| 2017 | $4,563 | $322,000 | $164,600 | $157,400 |
| 2016 | $4,634 | $305,700 | $164,600 | $141,100 |
| 2015 | $4,526 | $287,700 | $156,500 | $131,200 |
| 2014 | $4,323 | $268,500 | $142,300 | $126,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
The Denman Group
Compass
(617) 518-4570
5 in this area
689 Total Sales
-
Seller's Agent in 2015
Patsy Chinchillo
RE/MAX
(978) 502-8422
93 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72847131
APN: MALD-000112-000805-000518
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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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