Seller's Agent in 2023
Guy Contaldi
Advisors Living - Boston
(617) 201-0247
2 in this area
87 Total Sales
62 Gale St Unit 64 Malden, MA 02148
West End NeighborhoodEstimated Value: $1,013,000 - $1,259,000
6
Beds
3
Baths
2,673
Sq Ft
$414/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Patio
- Property is near public transit
- Porch
- Laundry Room
About This Home
As of August 2023Nestled in Malden's Edgeworth neighborhood, represents a fantastic investment opportunity. The first floor has two bedrooms, a living room, dining space, an eat-in kitchen, and a full bathroom. The second floor expands into two levels, offering generous living space that includes four bedrooms, two bathrooms, an eat-in kitchen, a living room, and a dining room. Updates have been implemented, such as a new roof, windows, and heating system. Additional amenities consist of front and back porches, as well as coin-operated washers and dryers in the basement. This property is strategically situated, providing easy access to transportation, shopping, and dining options. It is nearby parks, the Malden Station "T", and is in close proximity to Route 93, downtown Boston, Logan airport, Wellington Station, and Assembly Row.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,085
Year Built
- Built in 1900
Lot Details
- 3,402
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,673 Sq Ft Home
- Property has 1 Level
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- No Cooling
- 2 Heating Zones
- Heating Available
- Water Heater
Additional Features
- 3,402 Sq Ft Lot
- Property is near public transit
Community Details
- 2 Units
- Shops
- Net Operating Income $66,000
Listing and Financial Details
- Total Actual Rent $5,500
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:028 B:152 L:203,592753
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2023
Closed on
Aug 2, 2023
Sold by
62-64 Gale St Malden T and Kenzo Management Inc Tr
Bought by
Romano Kenneth
Seller's Agent
Guy Contaldi
Advisors Living - Boston
Buyer's Agent
Angela Cui
Keller Williams Realty
List Price
$789,000
Sold Price
$920,000
Premium/Discount to List
$131,000
16.6%
Views
99
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
$187,801
Avg. Annual Appreciation
9.84%
Original Mortgage
$552,000
Outstanding Balance
$539,539
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$568,262
Purchase Details
Closed on
Jan 8, 2018
Sold by
Romano Kenneth
Bought by
62-64 Gale St Malden T and Kenzo Management Inc T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Romano Kenneth | -- | None Available | |
| 62-64 Gale St Malden T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Zhi | $552,000 | |
| Previous Owner | Barletta Angelo G | $25,000 | |
| Previous Owner | Barletta Angelo G | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2023 08/14/23 | Sold | $920,000 | +16.6% | $344 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 06/05/2023 06/05/23 | For Sale | $789,000 | +104.4% | $295 / Sq Ft |
| 09/27/2012 09/27/12 | Sold | $386,000 | -2.3% | $140 / Sq Ft |
| 08/28/2012 08/28/12 | Pending | -- | -- | -- |
| 06/15/2012 06/15/12 | For Sale | $395,000 | -- | $144 / 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 | $102 | $902,800 | $284,500 | $618,300 |
| 2024 | $9,394 | $803,600 | $269,200 | $534,400 |
| 2023 | $9,085 | $745,300 | $246,100 | $499,200 |
| 2022 | $8,729 | $706,800 | $223,000 | $483,800 |
| 2021 | $8,451 | $687,600 | $203,800 | $483,800 |
| 2020 | $8,164 | $645,400 | $193,800 | $451,600 |
| 2019 | $7,723 | $582,000 | $184,600 | $397,400 |
| 2018 | $7,493 | $531,800 | $155,700 | $376,100 |
| 2017 | $7,293 | $514,700 | $155,700 | $359,000 |
| 2016 | $6,975 | $460,100 | $148,000 | $312,100 |
| 2015 | $6,671 | $424,100 | $139,600 | $284,500 |
| 2014 | $7,041 | $437,300 | $126,900 | $310,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Angela Cui
Keller Williams Realty
(857) 498-7037
7 in this area
386 Total Sales
-
Seller's Agent in 2012
John Veneziano
RE/MAX
(617) 840-5499
2 in this area
105 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73120417
APN: MALD-000028-000152-000203
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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