Seller's Agent in 2020
Christie Xie
Nuage Real Estate Group
(617) 678-3889
1 in this area
73 Total Sales
7-9 Shawmut Terrace Malden, MA 02148
Bellrock NeighborhoodEstimated Value: $933,000 - $1,083,000
6
Beds
3
Baths
2,223
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- Deck
- Wall to Wall Carpet
- 2-minute walk to MacArthur Playground
About This Home
As of September 2020ATTENTION INVESTORS/1031 EXCHANGE! 7.2% CAP RATE! Location! Minutes to Malden Center MBTA, shops and restaurants and more! Well maintained two unit multifamily in great condition. Both units fully occupied with young professionals tenants. Many recent updates both on exterior and interior. For details on operating income & expense and recent property updates, please see attachment for property information sheet.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $94
Year Built
- Built in 1900
Lot Details
- 3,049
Flooring
- Wall to Wall Carpet
- Vinyl
Additional Features
- Deck
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2020
Closed on
Sep 21, 2020
Sold by
Liu Jesse
Bought by
Chiang Stephen and Chiang Joyce
Seller's Agent
Christie Xie
Nuage Real Estate Group
Buyer's Agent
Vickie Chang
eXp Realty
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%
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
$306,352
Avg. Annual Appreciation
4.83%
Original Mortgage
$536,250
Outstanding Balance
$481,257
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$421,736
Purchase Details
Listed on
Feb 10, 2017
Closed on
Apr 3, 2017
Sold by
Chambers Ft Llc
Bought by
Liu Jesse
Seller's Agent
Sabrina Mandell
Cameron Real Estate Group
Buyer's Agent
Christie Xie
Nuage Real Estate Group
List Price
$424,900
Sold Price
$560,000
Premium/Discount to List
$135,100
31.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$420,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 22, 2016
Sold by
Lynch Patricia
Bought by
Chambers Ft Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 1995
Sold by
32 Cary Ave Rt
Bought by
Lynch Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 1995
Sold by
Citicorp Mtg Inc
Bought by
32 Cary Ave Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 23, 1995
Sold by
Galanti Gerald J and Bouffard Steven L
Bought by
Citicorp Mtg Inc
Purchase Details
Closed on
Oct 16, 1987
Sold by
Carlson Mary C
Bought by
Nadeau Richard R
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 |
|---|---|---|---|
| Chiang Stephen | $715,000 | None Available | |
| Liu Jesse | $560,000 | -- | |
| Chambers Ft Llc | $315,000 | -- | |
| Lynch Patricia | $140,000 | -- | |
| 32 Cary Ave Rt | $100,000 | -- | |
| Citicorp Mtg Inc | $84,000 | -- | |
| Nadeau Richard R | $158,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chiang Stephen | $536,250 | |
| Previous Owner | Liu Jesse | $135,900 | |
| Previous Owner | Liu Jesse | $420,000 | |
| Previous Owner | Chambers Ft Llc | $280,000 | |
| Previous Owner | Lynch Patricia D | $115,000 | |
| Previous Owner | Nadeau Richard R | $112,000 | |
| Previous Owner | Nadeau Richard R | $108,000 | |
| Previous Owner | Nadeau Richard R | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2020 09/28/20 | Sold | $715,000 | -4.5% | $322 / Sq Ft |
| 08/20/2020 08/20/20 | Pending | -- | -- | -- |
| 07/29/2020 07/29/20 | For Sale | $749,000 | +33.8% | $337 / Sq Ft |
| 04/03/2017 04/03/17 | Sold | $560,000 | +31.8% | $252 / Sq Ft |
| 02/15/2017 02/15/17 | Pending | -- | -- | -- |
| 02/10/2017 02/10/17 | For Sale | $424,900 | -- | $191 / 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 | $94 | $826,100 | $273,500 | $552,600 |
| 2024 | $9,082 | $776,900 | $258,300 | $518,600 |
| 2023 | $8,784 | $720,600 | $235,500 | $485,100 |
| 2022 | $8,426 | $682,300 | $212,700 | $469,600 |
| 2021 | $6,965 | $566,700 | $189,900 | $376,800 |
| 2020 | $6,448 | $509,700 | $183,500 | $326,200 |
| 2019 | $6,310 | $475,500 | $174,700 | $300,800 |
| 2018 | $6,032 | $428,100 | $144,400 | $283,700 |
| 2017 | $5,361 | $378,300 | $138,700 | $239,600 |
| 2016 | $4,948 | $326,400 | $127,300 | $199,100 |
| 2015 | $4,793 | $304,700 | $121,200 | $183,500 |
| 2014 | $4,503 | $279,700 | $110,200 | $169,500 |
Source: Public Records
Agents Affiliated with this Home
-
Christie Xie
-
Vickie Chang
V
Buyer's Agent in 2020
Vickie Chang
eXp Realty
(888) 854-7493
1 in this area
13 Total Sales
-
S
Seller's Agent in 2017
Sabrina Mandell
Cameron Real Estate Group
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72699849
APN: MALD-000065-000311-000119
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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