$417,500
SOLD APR 23, 2020
3 Beds
2 Baths
1,749 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

4% Above List Price

8 Days on Market

About This Home

As of October 2020

ATTENTION CONTRACTORS AND DEVELOPERS! Rare Find! Two-family in Malden near bus stop and shopping for under $400k! Needs complete rehab but offers one newer heating system and two newer hot water tanks. All separate utilities. 100amp Circuit breakers. First floor offers 3 rooms w/fireplace in living room (not sure if working), starter-set in kitchen, full bath and spacious bedroom (no closet). Second floor offers 5 rooms w/hardwood floors, large living room & dining room, eat-in kitchen, full bath and two bdrms on 3rd floor. HOUSE NEEDS TO BE COMPLETELY REHABBED. SELLER AND BROKER OFFER NO WARRANTIES EXPRESSED OR IMPLIED. PLEASE USE CAUTION WHEN VIEWING THE HOME, BACK PORCH STEPS MAY BE UNSAFE. CASH ONLY BUYERS! Once the work is done, the possibilities for this home are endless... you can keep for investment, or flip it as a remodeled two-family or sell it as condos! Group showings only, Sunday 12-1pm, Monday 10-11am & 5-6pm. Offers Due Tuesday, March 10th at 12pm.

Last Agent to Sell the Property

Diane Chuha

Bond Realty, Inc. Listed on: 03/04/2020

Last Buyer's Agent

Kevin Knightly

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $88

Year Built

  • Built in 1900

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$88

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 228.64
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Laminate
  • Total Flrs: 2
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: B95053
  • Main So: BB9927
  • Estimated Sq Ft: 1749.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone
  • Foundation Size: Unknown

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Lot Info

  • Assessments: 405700.00
  • Acre: 0.06
  • Lot Size: 2500.00
  • Page: 107
  • Zoning: resA
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5383.64
  • Assessor Parcel Number: 600829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 26, 2020
Sold by
Mcfadden Frank K and Mcfadden Bridgeen M
Bought by
Thakali Mishal
Seller's Agent
Kevin Knightly
RE/MAX Real Estate Center
Buyer's Agent
Rajit Shrestha
360 Realty LLC
List Price
$729,000
Sold Price
$737,000
Premium/Discount to List
$8,000
1.1%
Current Estimated Value
$823,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,737
Avg. Annual Appreciation
2.35%
Original Mortgage
$712,402
Outstanding Balance
$641,126
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$179,849

Purchase Details

Listed on
Mar 4, 2020
Closed on
Apr 29, 2020
Sold by
7 Webber Street Malden Rt
Bought by
Mcfadden Bridgeen M and Mcfadden Frank K
Seller's Agent
Diane Chuha
Bond Realty, Inc.
Buyer's Agent
Kevin Knightly
RE/MAX Real Estate Center
List Price
$399,900
Sold Price
$417,500
Premium/Discount to List
$17,600
4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
204.75%
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 Type Sale Price Title Company
Not Resolvable $737,000 None Available
Not Resolvable $417,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,402 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $737,000 +1.1% $421 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $729,000 +74.6% $417 / Sq Ft
04/23/2020 04/23/20 Sold $417,500 +4.4% $239 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $399,900 -- $229 / 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 $88 $779,600 $272,900 $506,700
2024 $8,572 $733,300 $258,100 $475,200
2023 $8,295 $680,500 $236,000 $444,500
2022 $7,948 $643,600 $213,900 $429,700
2021 $5,833 $474,600 $195,400 $279,200
2020 $5,419 $428,400 $185,900 $242,500
2019 $5,384 $405,700 $177,000 $228,700
2018 $5,150 $365,500 $149,300 $216,200
2017 $5,290 $373,300 $149,300 $224,000
2016 $5,048 $333,000 $142,000 $191,000
2015 $4,839 $307,600 $133,900 $173,700
2014 $4,500 $279,500 $121,700 $157,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72628065

MLS Property Information Network (MLS PIN)

APN: MALD-000141-000797-000707