NOT LISTED FOR SALE

550 Main St Unit 1 Malden, MA 02148

Malden Center Neighborhood

Estimated Value: $323,000 - $405,000

1 Bed
1 Bath
532 Sq Ft
1925 Built

Last Sold July 22, 2016

Last sale price $219,000 $412 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,826/month

60 Days on Market

About This Home

As of July 2016

Great location! One large bedroom, cozy condo perfect for anyone looking for the convenience of commuting to Boston (just minutes walk to Malden Center T Station) or living close to the thriving center of Malden Square. Unit features include hardwood floors, walk-in closet, plenty of storage, and central air. Laundry facilities and extra storage in basement. Parking spot that can be rented out for extra monthly income! Schedule a showing now and don't miss out on this great opportunity!

Last Agent to Sell the Property

Daisy Wong

Commitment Realty Group Listed on: 04/27/2016

Last Buyer's Agent

Christina Whitting

Doubleclick Properties, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$35

Year Built

1925

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Corner, Front
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1925

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Insulation: Full
  • Interior Amenities: Intercom
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • No Living Levels: 1

Exterior Features

  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal
  • Association Security: Intercom
  • No Units: 13
  • Unit Building: 1

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:049 B:279 L:92901
  • Zoning: ResB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jul 22, 2016
Sold by
Penney Joseph W
Bought by
Ricard Ricardo
Seller's Agent
Daisy Wong
Commitment Realty Group
Buyer's Agent
Christina Whitting
Doubleclick Properties, LLC
List Price
$229,900
Sold Price
$219,000
Premium/Discount to List
-$10,900
-4.74%
Current Estimated Value
$347,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,470
Avg. Annual Appreciation
5.11%
Original Mortgage
$180,000
Outstanding Balance
$143,787
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$203,683

Purchase Details

Closed on
Jan 3, 2008
Sold by
1 Rt
Bought by
Penney Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2007
Sold by
Boghos Nabil
Bought by
1 Rt and Nbdev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2002
Sold by
Catrone Robert
Bought by
Boghos Nabil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2001
Sold by
Richnab Llc
Bought by
Catrone Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
7.1%
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
Ricard Ricardo $219,000 --
Penney Joseph W $185,000 --
1 Rt -- --
Boghos Nabil C $135,600 --
Catrone Robert $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricard Ricardo $180,000
Previous Owner Catrone Robert $131,136
Previous Owner Penney Joseph W $145,000
Previous Owner 1 Rt $150,000
Previous Owner Boghos Nabil C $108,450
Previous Owner Catrone Robert $20,340
Previous Owner Catrone Robert $112,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $219,000 -4.7% $412 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $229,900 -- $432 / 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 $35 $306,100 $0 $306,100
2024 $3,342 $285,900 $0 $285,900
2023 $3,394 $278,400 $0 $278,400
2022 $3,410 $276,100 $0 $276,100
2021 $3,301 $268,600 $0 $268,600
2020 $3,354 $265,100 $0 $265,100
2019 $2,899 $218,500 $0 $218,500
2018 $3,038 $215,600 $0 $215,600
2017 $2,440 $172,200 $0 $172,200
2016 $3,164 $208,700 $0 $208,700
2015 $3,204 $203,700 $0 $203,700
2014 $3,280 $203,700 $0 $203,700
Source: Public Records

Agents Affiliated with this Home

  • Daisy Wong

    Seller's Agent in 2016

    Daisy Wong

    Commitment Realty Group

    (856) 979-7129

    6 Total Sales

    Daisy Wong
    Section Image
  • Christina Whitting

    Buyer's Agent in 2016

    Christina Whitting

    Doubleclick Properties, LLC

    (781) 391-1888

    5 Total Sales

    Christina Whitting
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71995167

MLS Property Information Network (MLS PIN)

APN: MALD-000049-000279-092901

Massachusetts Middlesex County Malden 02148 Malden Center

550 Main St Unit 1, Malden, MA

This home is located at 550 Main St Unit 1, Malden, MA 02148 since 27 April 2016 and is currently estimated at $347,470, approximately $653 per square foot. This property was built in 1925. 550 Main St Unit 1 is a home located in Middlesex County with nearby schools including Malden High School, Mystic Valley Regional Charter School, and Cheverus Catholic School.

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