NOT LISTED FOR SALE

Estimated Value: $1,042,000 - $1,085,268

4 Beds
3.5 Baths
3,139 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $950,000 $303 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,781/month

6 Days on Market

Highlights

  • Medical Services
  • Community Pool
  • Jogging Path
  • Property is near public transit
  • Tennis Courts
  • 1-minute walk to Coytemore Lea Park

About This Home

As of December 2023

99 Washington St is a prime example of the term "location location location." This three-unit multi-family property offers a fantastic location, nestled in the heart of Malden, with easy access to public transportation, schools, and vibrant local amenities. One of the standout features of this property is the spacious detached garage, a coveted addition that provides ample parking and storage options. Beyond that, the rental income potential is exceptional, making it an attractive investment opportunity for savvy investors.. Don't miss your chance to own this gem and capitalize on its superb location, garage, and income-generating potential in the thriving Malden real estate market.

Last Agent to Sell the Property

The Pezzano Group

Rise Signature Homes Listed on: 10/18/2023

Last Buyer's Agent

The Pezzano Group

Rise Signature Homes Listed on: 10/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,358

Year Built

  • Built in 1850

Lot Details

  • 6,499 Sq Ft Lot
  • Near Conservation Area

Parking

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

Home Design

  • 3,139 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $4,650
  • Assessor Parcel Number M:048 B:852 L:202,594248

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,358

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1850
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Unfinished
  • Living Area: 3139
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 286.72
  • PRICE PER Sq Ft: 302.64
  • MAIN SO: AN1199

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • 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
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Electric: Fuses, Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:048 B:852 L:202,594248
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6499
  • Lot Size Units: Acres
  • PAGE: 346
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9358
  • Tax Book Number: 28342

Multi Family

  • Gross Income: 55800
  • Net Operating Income: 54000
  • Number Of Units Total: 3
  • Total Actual Rent: 4650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Li Xi $571,800
Closed Connell Ora C $88,400
Closed Connell Ora C $20,000
Closed Connell Ora C $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $950,000 +5.6% $303 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $899,999 -- $287 / 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 $103 $908,300 $315,900 $592,400
2024 $9,981 $853,800 $298,400 $555,400
2023 $9,358 $767,700 $272,000 $495,700
2022 $8,967 $726,100 $245,700 $480,400
2021 $8,601 $699,800 $219,400 $480,400
2020 $7,908 $625,100 $211,900 $413,200
2019 $7,706 $580,700 $201,800 $378,900
2018 $7,403 $525,400 $166,700 $358,700
2017 $7,008 $494,600 $160,100 $334,500
2016 $6,504 $429,000 $147,000 $282,000
2015 $6,322 $401,900 $140,000 $261,900
2014 $5,971 $370,900 $127,200 $243,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73171891

MLS Property Information Network (MLS PIN)

APN: MALD-000048-000852-000202