NOT LISTED FOR SALE

Estimated Value: $921,772 - $1,059,000

6 Beds
3 Baths
2,378 Sq Ft
$422/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2021

Last sale price $865,000 $364 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,372 / mo

7 Days on Market

About This Home

As of October 2021

8 Murray Hill Rd is in the HOT Malden neighborhood of Fellsway West, around the corner from picturesque Fellsmere Pond & Park, a fancy Target store, and just 3/4 of a mile to Malden Center/MBTA (orange line) and it's many shops, cafes, and restaurants. This 2-family features, 4 tandem (2 side by side) parking spots in the driveway, Tesla solar panels (leased), central air and heat in both units, separate electric and gas. The first floor unit has 3 bedrooms, sun room, 1 bathroom. The 2nd/3rd floor duplex has 3 bedrooms, 2 bathrooms, sun room, formal dining room, and great views of Boston from up on the hill. The 3rd floor of the upper duplex is a full suite with it's own sitting area, a new bathroom with standup shower, lots of closets. Quick access to I-93, Assembly Square, and quick trip to Boston. Unit 1 leased until 10/31/2021, Unit 2 leases by bedroom are 09/30/2021, 12/31/2021, 07/31/2022. Due to tenants, showings only during Fri 9/10 @ 6:15p-7p, Sat/Sun 9/11&12 @ 1:30p-3p

Last Agent to Sell the Property

Mac Chinsomboon

Coldwell Banker Realty - Boston Listed on: 09/07/2021

Coldwell Banker Realty - Boston

Last Buyer's Agent

Margie Gundersheim

Commonwealth Standard Realty Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 4,792

Interior Spaces

  • Property has 1 Level

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Fellsway East (next Fellsmere Pond/Park) at corner of Ledgewood Ter (the driveway)
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Has Basement: Full, Walk-Out Access
  • MAIN LO: AN6181
  • MAIN SO: AN2589
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Wood,Tile,Carpet,Hardwood
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Disclosures: See Rent Roll Roll, Sellers Disc, Solar Lease, Delead Certs On Pclip. Basement Gets Some Water During Heavy Rains (I Did Notice That One Of The Corner Downspouts Directs Right Into The Basement - Could It Be Redirected? Likely). See A Basement Crack In The Corner By Lower Driveway Side.
  • Exclusions: Note: Ledgewood Ter Is A Public Way And Maintained By The City Of Malden, Including Snow Plowing
  • Lot Features: Corner Lot, Wooded
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Tennis Court(s), Walk/Jog Trails, Private School, T-Station

Lot Info

  • LOT SIZE: 4854
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: ResA

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 2
  • LEASE 2: Y
  • LEASE 1: N
  • Annual Gross Income: 66420
  • Property Net Operating Income: 48697
  • Number Of Units Total: 2
  • Annual Operating Expense: 17723
  • Total Actual Rent: 5535

Tax Info

  • Tax Annual Amount: 7674
  • Tax Book Number: 66072
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 20, 2021
Sold by
Luna Rafael
Bought by
Farris Warren
Seller's Agent
Mac Chinsomboon
Coldwell Banker Realty - Boston
Buyer's Agent
Margie Gundersheim
Commonwealth Standard Realty Advisors
List Price
$799,000
Sold Price
$865,000
Premium/Discount to List
$66,000
8.26%
Current Estimated Value
$1,004,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,443
Avg. Annual Appreciation
3.34%
Original Mortgage
$692,000
Outstanding Balance
$622,766
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$381,677

Purchase Details

Listed on
Jun 13, 2015
Closed on
Sep 15, 2015
Sold by
Cai Shawn S and Savoy Philip B
Bought by
Luna Rafael A
Seller's Agent
Vera Rivers
Bond Realty, Inc.
Buyer's Agent
Leland Dimeco
Boston Green Realty
List Price
$479,900
Sold Price
$460,000
Premium/Discount to List
-$19,900
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$175,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2000
Sold by
Vanstry Kevin
Bought by
Savoy Philip and Cai Shawn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1997
Sold by
Buttimer Jeremiah
Bought by
Vanstry Kevin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farris Warren $865,000 None Available
Luna Rafael A $460,000 --
Luna Rafael $460,000 --
Savoy Philip $335,000 --
Vanstry Kevin $115,000 --
Vanstry Kevin $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Warren $692,000
Previous Owner Luna Rafael $175,000
Previous Owner Vanstry Kevin $318,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2021 10/21/21 Sold $865,000 +8.3% $364 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $799,000 +73.7% $336 / Sq Ft
09/15/2015 09/15/15 Sold $460,000 -4.1% $217 / Sq Ft View Prior Sale
08/16/2015 08/16/15 Pending -- -- --
06/13/2015 06/13/15 For Sale $479,900 -- $227 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $107 $945,500 $303,400 $642,100
2024 $10,378 $887,800 $287,000 $600,800
2023 $10,046 $824,100 $262,400 $561,700
2022 $7,965 $644,900 $237,800 $407,100
2021 $7,674 $624,400 $217,300 $407,100
2020 $7,414 $586,100 $206,600 $379,500
2019 $7,090 $534,300 $196,800 $337,500
2018 $6,836 $485,200 $166,000 $319,200
2017 $6,657 $469,800 $166,000 $303,800
2016 $6,375 $420,500 $157,800 $262,700
2015 $6,091 $387,200 $148,800 $238,400
2014 $5,656 $351,300 $135,300 $216,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890509

MLS Property Information Network (MLS PIN)

APN: MALD-000027-000103-000329

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