8 Newhall St Malden, MA 02148
Belmont NeighborhoodEstimated Value: $875,000 - $996,071
7
Beds
3
Baths
2,623
Sq Ft
$355/Sq Ft
Est. Value
About This Home
As of September 2020Price Reduction! Perfectly situated 2-Unit in Malden MA. 15 Minute walk to Malden Center Station and 1 block away from Bell Rock Memorial Park. This 2 Family has 3 floors of living space, potential for a finished basement, large front porch in both units, large backyard perfectly setup for a patio and small garden area. Unit 1 has 2 bedrooms, a laundry room, and living room to either keep as is or use as a possible 3rd bedroom. 2nd unit boasts 2 floors of living with 2 bedrooms on 2nd floor and 3 bedrooms as well as a bathroom on the 3rd floor. Major upside in rental potential with additional bedrooms.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $101
Year Built
- Built in 1900
Lot Details
- 2,614
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2020
Closed on
Aug 14, 2020
Sold by
Ruan Zhi Q and Zhang Huijie
Bought by
Abdulsalamov Mehman
Seller's Agent
Michael Abesamra
John Burns Realty LLC
Buyer's Agent
Tlc Real Estate Group
Century 21 North East
List Price
$785,000
Sold Price
$710,000
Premium/Discount to List
-$75,000
-9.55%
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,268
Avg. Annual Appreciation
6.44%
Original Mortgage
$697,140
Outstanding Balance
$628,067
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$328,906
Purchase Details
Listed on
May 31, 2012
Closed on
Jul 31, 2012
Sold by
Meady Mary A
Bought by
Ruan Zhi Q and Zhang Huijie
Seller's Agent
Mike Hayes
Century 21 North East
Buyer's Agent
Donna Jiang
PageOne Realty, LLC
List Price
$384,900
Sold Price
$390,000
Premium/Discount to List
$5,100
1.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$304,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2005
Sold by
Meady James E
Bought by
Meady George A and Meady Mary A
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abdulsalamov Mehman | $710,000 | None Available | |
| Ruan Zhi Q | $390,000 | -- | |
| Meady George A | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abdulsalamov Mehman | $697,140 | |
| Previous Owner | Ruan Zhi Q | $304,000 | |
| Previous Owner | Meady George A | $10,000 | |
| Previous Owner | Meady George A | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2020 09/01/20 | Sold | $710,000 | -5.3% | $271 / Sq Ft |
| 07/26/2020 07/26/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | Price Changed | $750,000 | -4.5% | $286 / Sq Ft |
| 06/25/2020 06/25/20 | For Sale | $785,000 | +101.3% | $299 / Sq Ft |
| 07/31/2012 07/31/12 | Sold | $390,000 | +1.3% | $157 / Sq Ft |
| 07/01/2012 07/01/12 | Pending | -- | -- | -- |
| 05/31/2012 05/31/12 | For Sale | $384,900 | -- | $155 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $101 | $892,100 | $267,100 | $625,000 |
| 2024 | $9,821 | $840,100 | $252,200 | $587,900 |
| 2023 | $9,531 | $781,900 | $230,000 | $551,900 |
| 2022 | $9,159 | $741,600 | $207,700 | $533,900 |
| 2021 | $8,578 | $698,000 | $185,500 | $512,500 |
| 2020 | $8,210 | $649,000 | $179,100 | $469,900 |
| 2019 | $7,690 | $579,500 | $170,600 | $408,900 |
| 2018 | $7,418 | $526,500 | $140,900 | $385,600 |
| 2017 | $7,119 | $502,400 | $135,400 | $367,000 |
| 2016 | $6,672 | $440,100 | $124,300 | $315,800 |
| 2015 | $6,352 | $403,800 | $118,300 | $285,500 |
| 2014 | $6,707 | $416,600 | $107,600 | $309,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Abesamra
M
Seller's Agent in 2020
Michael Abesamra
John Burns Realty LLC
(978) 960-9066
1 in this area
3 Total Sales
-
Tlc Real Estate Group
T
Buyer's Agent in 2020
Tlc Real Estate Group
Century 21 North East
(603) 893-8230
1 in this area
39 Total Sales
-
Mike Hayes
Seller's Agent in 2012
Mike Hayes
Century 21 North East
(617) 510-7284
21 Total Sales
-
Donna Jiang
D
Buyer's Agent in 2012
Donna Jiang
PageOne Realty, LLC
(781) 727-7919
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72680402
APN: MALD-000077-000375-000528
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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