NOT LISTED FOR SALE

Estimated Value: $886,758 - $1,217,000

5 Beds
3 Baths
2,276 Sq Ft
$453/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $700,000 $308 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,462/month

4 Days on Market

About This Home

As of February 2019

MULTIPLE OFFER NOTIFICATION!! HIGHEST & BEST DUE: MONDAY JANUARY 21 @ 5PM. Location!! Location!! Location!! Welcome home to your very well maintained oversized 2 family on a great street centrally located in Malden. Extremely convenient for easy access to the train station (short walk!) and everything Malden Center has to offer. Perfect opportunity for an owner occupant to move right in and have rental income right away, an investor looking for a solid rental property, or a family looking for additional space. First floor unit features gorgeous hardwood floors, high ceilings, and a large bedroom closet. Second floor features four good-sized bedrooms, in-unit laundry, and two FULL bathrooms!! DON'T FORGET: Hardwood floors in the upper larger unit have been preserved underneath the carpeting and could easily be uncovered to have hardwood throughout the entire top two floors!! Seller purposed priced below market value and is expecting offers significantly above list price!!

Last Agent to Sell the Property

Kevin Baker

Impact Realty, LLC Listed on: 01/17/2019

Last Buyer's Agent

Ellie Botshon

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $98

Year Built

  • Built in 1900

Lot Details

  • 3,049

Flooring

  • Wood
  • Wall to Wall Carpet

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:073 B:823 L:342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$98

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 285.54
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Flooring: Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN2951
  • Main So: AN2383
  • Estimated Sq Ft: 2276.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 481700.00
  • Acre: 0.07
  • Lot Size: 3207.00
  • Page: 554
  • Parcel Number: M:073 B:823 L:342
  • Zoning: ResA
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6787.00
  • Assessor Parcel Number: 595467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 26, 2019
Sold by
Sheehan Patrick G and Sheehan Carol L
Bought by
Reichert Tal and Botshon Ellen
Seller's Agent
Kevin Baker
Impact Realty, LLC
Buyer's Agent
Ellie Botshon
Compass
List Price
$649,900
Sold Price
$700,000
Premium/Discount to List
$50,100
7.71%
Current Estimated Value
$1,031,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,690
Avg. Annual Appreciation
6.01%
Original Mortgage
$525,000
Outstanding Balance
$461,564
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$570,126

Purchase Details

Closed on
Oct 1, 1984
Bought by
Sheehan Patrick G and Sheehan Carol L
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
Reichert Tal $700,000 --
Sheehan Patrick G $120,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichert Tal $525,000
Previous Owner Sheehan Patrick G $35,000
Previous Owner Sheehan Patrick G $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2019 02/26/19 Sold $700,000 +7.7% $308 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $649,900 -- $286 / 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 $98 $866,900 $282,000 $584,900
2024 $9,536 $815,700 $266,800 $548,900
2023 $9,238 $757,800 $243,900 $513,900
2022 $8,880 $719,000 $221,100 $497,900
2021 $8,602 $699,900 $202,000 $497,900
2020 $8,298 $656,000 $192,100 $463,900
2019 $7,024 $529,300 $182,900 $346,400
2018 $6,787 $481,700 $154,400 $327,300
2017 $6,500 $458,700 $154,400 $304,300
2016 $6,114 $403,300 $146,700 $256,600
2015 $5,908 $375,600 $138,300 $237,300
2014 $5,566 $345,700 $125,800 $219,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72442311

MLS Property Information Network (MLS PIN)

APN: MALD-000073-000823-000342