NOT LISTED FOR SALE

Estimated Value: $767,000 - $1,118,000

5 Beds
2 Baths
2,366 Sq Ft
$399/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $546,000 $231 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,150/month

4 Days on Market

About This Home

As of September 2016

Fantastic location! 2 family that has been in the same family for decades and will be delivered vacant upon closing. 1st unit owner's unit and 2nd unit vacant. 2 bedrooms, living room, kitchen and dining room on the first level. Hardwood under carpeting. 2nd unit is comprised of 3 bedrooms, 2 levels, living room, dining room and kitchen. 2 car garage, 4 car parking, 2 covered porches (front and back) on both units. House needs lots of cosmetic updating but many major items have been done such as: roof (2011), windows and siding (approx 2002), 1st unit H20 tank (2009), 2nd unit (2010). You can't beat the wonderful location. Bus route on Highland Ave and on the door step of North Medford. Easily accessible to Route 93 and Malden Center. This home would be a dream if brought back to it's glory days.

Last Agent to Sell the Property

Joseph Duggan

Trinity Real Estate Listed on: 07/06/2016

Last Buyer's Agent

Marvin Lee

Atlantic Realty, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$86

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation
  • Electric: 100 Amps, Individually Metered
  • Energy: Storm Windows
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Block
  • Exterior: Vinyl
  • Exterior Features: Porch, Covered Patio/Deck, Gutters, Screens
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: ResA

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 14, 2016
Sold by
Perrigo David and Perrigo Patricia E
Bought by
Zeng Henry and Zhen Shu M
Seller's Agent
Joseph Duggan
Trinity Real Estate
Buyer's Agent
Marvin Lee
Atlantic Realty, LLC
List Price
$509,000
Sold Price
$546,000
Premium/Discount to List
$37,000
7.27%
Current Estimated Value
$943,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,911
Avg. Annual Appreciation
4.76%
Original Mortgage
$426,000
Outstanding Balance
$344,852
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$483,386
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
Zeng Henry $546,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeng Henry $426,000
Previous Owner Perrigo Phyllis C $100,000
Previous Owner Perrigo David M $120,000
Previous Owner Perrigo Phyllis C $110,000
Previous Owner Perrigo Phyllis C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $546,000 +7.3% $231 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $509,000 -- $215 / 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 $86 $756,100 $284,100 $472,000
2024 $8,331 $712,700 $268,700 $444,000
2023 $8,077 $662,600 $245,700 $416,900
2022 $7,737 $626,500 $222,700 $403,800
2021 $7,464 $607,300 $203,500 $403,800
2020 $7,202 $569,300 $193,500 $375,800
2019 $6,857 $516,700 $184,300 $332,400
2018 $6,619 $469,800 $155,500 $314,300
2017 $6,090 $429,800 $155,500 $274,300
2016 $5,832 $384,700 $147,800 $236,900
2015 $5,572 $354,200 $139,400 $214,800
2014 $5,170 $321,100 $126,700 $194,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72033415

MLS Property Information Network (MLS PIN)

APN: MALD-000001-000015-000503