NOT LISTED FOR SALE

Estimated Value: $1,007,000 - $1,140,000

6 Beds
2 Baths
2,230 Sq Ft
$479/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $904,000 $405 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,527/month

22 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Tennis Courts
  • Wood Flooring
  • Community Pool
  • Jogging Path

About This Home

As of August 2022

This gorgeous Two- Family home sits on a quiet corner lot street in a desirable Malden location close to Melrose and underwent a complete renovation. Perfect for the next owner who wants to sit back and collect rent. Brand new boiler systems 98 percent efficiency tankless units, all new electrical throughout the entire house, all new insulation, new exterior vinyl siding, double panel windows, newer roof, 30 year architectural shingles and stunning 6ft privacy white PVC fence. Inside, you will find two bright units each featuring brand new hardwood floors, new kitchens with all new appliances/cabinets, new LED lighting, new plumbing and new bathroom. Upstairs,Unit 2 has access to a fully finished attic. A large basement with two new oil tanks and coin operated washer/dryer,1car garage and four driveway parking spaces complete the property. Separate utilities.. Close to Orange line Malden T and Oak Grove! See firm remarks!

Last Agent to Sell the Property

Quinn Nguyen

Engel & Volkers Boston Listed on: 06/13/2022

Engel & Volkers Boston

Last Buyer's Agent

Terry Yin

Harmony Hill Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,773

Year Built

  • Built in 1890

Lot Details

  • 5,031 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Garden

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,230 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Wood Flooring
  • Storm Doors
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $4,700
  • Rent includes unit 1(water), unit 2(water)
  • Legal Lot and Block 936 / 709
  • Assessor Parcel Number 598407

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,773

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Microwave,Refrigerator), Oil Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room
  • Basement: Full, Interior Entry, Garage Access, Concrete, Unfinished
  • Living Area: 2230
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN2593
  • LIST PRICE PER Sq Ft: 403.14
  • PRICE PER Sq Ft: 405.38
  • MAIN SO: AN6614

Exterior Features

  • Exterior Features: Storage, Garden
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Heating: Unit 1(Oil), Unit 2(Oil)
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 598407
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5031
  • Lot Size Units: Acres
  • PAGE: 209
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8773.44
  • Tax Block: 709
  • Tax Book Number: 71356
  • Tax Lot: 936
  • Tax Map Number: 103

Multi Family

  • Gross Income: 56400
  • Net Operating Income: 56400
  • Number Of Units Total: 2
  • Total Actual Rent: 4700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Dec 18, 2017
Sold by
Dello-Russo Anthony and Dello-Russo Marie A
Bought by
Viselli Scott J and Viselli Cristina
Seller's Agent
Martin Tokos
Coldwell Banker First Quality Realty
Buyer's Agent
Christopher Tranchina
Advisors Living - Boston
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$1,007,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,812
Avg. Annual Appreciation
10.69%
Original Mortgage
$560,388
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Viselli Scott J $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsheikh Azza E $723,200
Closed Viselli Scott J $567,000
Closed Viselli Scott J $567,500
Closed Viselli Scott J $560,388
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $904,000 +0.6% $405 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $899,000 0.0% $403 / Sq Ft
05/31/2018 05/31/18 Rented $2,300 0.0% --
05/17/2018 05/17/18 Under Contract -- -- --
05/15/2018 05/15/18 For Rent $2,300 0.0% --
12/18/2017 12/18/17 Sold $450,000 -5.3% $250 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $475,000 -- $263 / 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 $105 $926,600 $305,700 $620,900
2024 $10,194 $872,000 $289,200 $582,800
2023 $9,150 $750,600 $264,400 $486,200
2022 $8,773 $710,400 $239,600 $470,800
2021 $9,364 $761,900 $218,900 $543,000
2020 $9,021 $713,100 $208,200 $504,900
2019 $7,474 $563,200 $198,300 $364,900
2018 $5,978 $424,300 $167,300 $257,000
2017 $5,839 $412,100 $167,300 $244,800
2016 $5,435 $358,500 $159,000 $199,500
2015 $5,255 $334,100 $149,900 $184,200
2014 $4,939 $306,800 $136,300 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72996722

MLS Property Information Network (MLS PIN)

APN: MALD-000103-000709-000936