NOT LISTED FOR SALE

Estimated Value: $374,000 - $591,000

8 Beds
8 Baths
4,659 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2019

Last sale price $1,100,000 $236 Per Sq Ft

Current estimated payment $2,875 / mo

10 Days on Market

Highlights

  • Landscaped Professionally
  • Tile Flooring
  • 3-minute walk to Howard Park
  • Deck

About This Home

As of November 2019

Investors take note! This property has potential galore. Here is an amazing opportunity to own an income-generating, well-maintained 4 unit, multi-family home in Malden. Built-in 1989, the exterior features, maintenance-free vinyl siding, meticulously maintained landscaping, and off-street parking for up to two cars per unit. Each unit has an open concept design floor plan which features a living rm./dining rm, kitchen and half bath on the main level, Two generous sized bedrooms with lots of closet space and full bath on the upper level. Each unit has a full-finished basement. Washer/dryers are in each unit. Quick easy access to major routes and public transportation. This property is fully tenanted. All tenants are "Tenant at Will".Rents are below market value.

Last Agent to Sell the Property

Catherine Ghandchi

Coldwell Banker Realty - Lynnfield Listed on: 09/24/2019

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Manoel Neto

LAER Realty Partners

LAER Realty Partners

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • Year Round Access
  • Landscaped Professionally

Flooring

  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.25
  • Year Built Description: Actual
  • List Price Per Sq Ft: 257.57
  • Comp Based On: Net Sale Price
  • Year Built: 1989
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 12
  • Year Built: 1989

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • Total Flrs: 10
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Fbh: 4
  • Total Hbh: 4
  • No Rooms: 20
  • Basement: Y
  • Basement Features: Full, Finished
  • Main Lo: K95001
  • Main So: AN5010
  • Estimated Sq Ft: 4659.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Gutters, Professional Landscaping
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Common, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Cooling Units: 4

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Private School, Public School, T-Station

Lot Info

  • Assessments: 895400.00
  • Lot: 453
  • Acre: 0.21
  • Lot Size: 9206.00
  • Page: 328
  • Zoning: ResA
  • Lot Description: Corner, Paved Drive, Shared Drive, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 4
  • Total Levels: 12
  • Total Rent: 6550
  • Total Rms: 20
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Side by Side

Tax Info

  • Taxes: 11882.00
  • Assessor Parcel Number: 599879

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Iqbal Mohammad and Iqbal Musarrat
Bought by
Current Estimated Value
$460,255

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
Outstanding Balance
$249,045
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,210
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Linden, MA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $1,100,000 -8.3% $236 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $1,200,000 -- $258 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,170 $368,400 $0 $368,400
2024 $3,978 $340,300 $0 $340,300
2023 $4,012 $329,100 $0 $329,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72571997

MLS Property Information Network (MLS PIN)

APN: MALD M:126 B:484 L:45370

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