NOT LISTED FOR SALE

Estimated Value: $1,059,000 - $1,243,000

5 Beds
2 Baths
2,877 Sq Ft
$395/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $600,000 $209 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,039/month

11 Days on Market

About This Home

As of July 2020

Oversized lot with parking for up to 9 cars/vans with a big garage. Garage fits one vehicle and has enough room for a large workshop. Investors, end-users and anyone looking for a great income property with storage! Flat roof two-family that needs some renovations for owner-occupied, but as income property, ready to rent after a little TLC.

Last Agent to Sell the Property

Robert Gillette

Gillette Realty Listed on: 04/29/2020

Last Buyer's Agent

Mike Urban

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $112

Year Built

  • Built in 1880

Lot Details

  • 7,405

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Vinyl

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$112

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Commission: 1.50
  • Other Agent: 1.50
  • Seller Agency: 1.50
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 225.93
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Flooring: Wood, Vinyl
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB9343
  • Main So: BB5522
  • Estimated Sq Ft: 2877.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 8
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Public School

Schools

  • Elementary School: Ferryway
  • High School: Malden High

Lot Info

  • Assessments: 670800.00
  • Acre: 0.17
  • Lot Size: 7489.00
  • Page: 41
  • Zoning: RES A
  • Lot Description: Paved Drive, Zero Lot Line, Fenced/Enclosed

Multi Family

  • Total Levels: 2
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 8485.62
  • Assessor Parcel Number: 598105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Chen Chong
Bought by
Pena Luis A and Pena Norma N
Current Estimated Value
$1,137,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,550
Outstanding Balance
$264,793
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$872,555

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jul 29, 2020
Sold by
Gillette Peter
Bought by
Chen Chong
Seller's Agent
Robert Gillette
Gillette Realty
Buyer's Agent
Mike Urban
eXp Realty
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$584,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Gillette Peter and Lerman Wendy L
Bought by
Gillette Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,318
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2006
Sold by
Lerman Philip M
Bought by
Lerman Wendy L and Gillette Peter
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 Buyer Sale Price Title Company
Pena Luis A $905,000 None Available
Chen Chong $605,000 None Available
Gillette Peter -- --
Lerman Wendy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Luis A $280,550
Previous Owner Chen Chong $584,000
Previous Owner Gillette Peter $305,318
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $600,000 -7.7% $209 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $650,000 -- $226 / 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 $112 $988,400 $328,400 $660,000
2024 $10,888 $931,400 $310,100 $621,300
2023 $10,265 $842,100 $282,800 $559,300
2022 $9,560 $774,100 $255,400 $518,700
2021 $7,784 $633,400 $228,000 $405,400
2020 $8,486 $670,800 $220,300 $450,500
2019 $8,334 $628,000 $209,800 $418,200
2018 $8,007 $568,300 $173,300 $395,000
2017 $7,563 $533,700 $166,500 $367,200
2016 $6,119 $403,600 $152,800 $250,800
2015 $5,929 $376,900 $145,500 $231,400
2014 $5,577 $346,400 $132,300 $214,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72649120

MLS Property Information Network (MLS PIN)

APN: MALD-000098-000452-000230