32 Park Avenue, Malden MA 02148

Malden, MA 02148
$990,000
6
Beds
3
Baths
3,820
Sq Ft
$259
Price/Sq Ft
0.19
Acres
1900
Year Built
1
Garage Space
4
Days on Market
Sold Listed Mar 11, 2021 • MLS# 72796709 Copied! • Updated May 4, 2021

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Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $990,000
Difference: +$41,000 (+4.3%)
Performance Metrics
104.3%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $248
Sale $/sq ft: $259
This property sold for $259 per square foot
Sale Summary

This property sold for 4.3% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

About this home

SUPERB OPPORTUNITY TO OWN EXCEPTIONAL PROPERTY IN PRIME MALDEN LOCATION! This spacious two-unit features bright & open living areas, large kitchens & bedrooms, glistening hardwood floors & abundance of closets/storage space. Attractive details include bay windows, exposed wood beams, brick accent wall & built ins. Upper unit is two levels w/eat-in kitchen, laundry room, 4 bedrooms, 2 full baths, study & vast living area. Freshly painted w/newly refinished hardwood floors! Lower unit has large kitchen w/breakfast area, dining room open to living room, 2 well-sized bedrooms & full bath. This lovely property sits at end of peaceful dead-end street & boasts highly desirable exterior features including oversized detached garage, long driveway with extensive parking & brick patio. Property is perfectly situated near 2 T stops & area conveniences yet far enough from main streets to eliminate traffic noise. Superior rental income makes this perfect property for owner occupancy or investment!

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Recently Sold Nearby

Property History

Market Insights

4.1%
Price Range
19
Total Days on Market

Property Timeline

Sold
Apr 29, 2021
$990,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Mar 11, 2021
$949,000
Original listing
Agent: The Peggy Patenaude Team Office: William Raveis R.E. & Home Services

Tax History

Year Taxes Assessment
2020 $9,250 $731,200

Financial Details

Annual Property Tax
$9,250
Tax Year 2020
Assessed Value
$731,200

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 3,820 sq ft
Lot Size 0.19 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Investment Metrics

Units 2
Unit 1 Rent $1,800/mo · Y
Unit 2 Rent $3,000/mo · N
Total Monthly Rent $4,800/mo
Gross Income $57,600
Net Operating Income $57,600
Cap Rate 6.07%
Heating Hot Water, Natural Gas
Cooling Wall Unit(s)
Flooring Tile, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Features Pantry, Storage, Bathroom With Tub & Shower, Open Floorplan, Bathroom With Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room, Office/den
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 11
Electric Fuses, Circuit Breakers, 200+ Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $9,250
Assessed Value $731,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Professionally Measured Square Footage Of 3820 Is Different Than Public Record Which Indicates 3254 Square Feet. Broker/agent Not Responsible For Any Gla Discrepancies. Electric Baseboard Heat In Laundry Area.
Exclusions Washer, Dryer And Window Treatments In Unit 1 And Fire Pit Are Excluded.
Possession None
Accepted Financing None
Structure Type []
House Color tan
Sq Ft Source Measured
Sq Ft Disclosures Measured living area square footage is different than public record which indicates 3254 sqft.
Documents None
County Middlesex
Total market time (incl. prior listings) 19 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
Sold
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
3,820 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Pantry, Storage, Bathroom With Tub & Shower, Open Floorplan, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
Windows: Box/Bay/Bow Window(s), Storm Window(s), Screens
Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Irregular
Stories: 3

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Heating Zones: 3
Cooling: Wall Unit(s)
Cooling Zones: 2
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Professional Landscaping
Patio & Porch: Porch, Patio
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 11
Parking Features: Paved Drive, Off Street, Paved
School District
Malden School District local
B
School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
3.9% below state avg
E

Elementary Schools

8 schools
Cheverus Elementary School
0.4 mi
Grades PK-08
B-
Beebe School
0.7 mi | #191 of 352 | Score: 41.2
Dropped 45 spots from last year
-17 below state avg
919 students Very Diverse
Diverse Student Body
Grades K-08
C-
Salemwood School
0.8 mi | #286 of 352 | Score: 32.9
Dropped 32 spots from last year
-25.3 below state avg
925 students Very Diverse
Diverse Student Body
Grades K-08
B
Ferryway School
0.8 mi | #167 of 352 | Score: 43.0
Improved 22 spots from last year
-15.2 below state avg
923 students Very Diverse
Rising School Diverse Student Body
Grades K-08
B
Forestdale School
0.9 mi | #178 of 352 | Score: 42.1
Dropped 5 spots from last year
-16.1 below state avg
496 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
1.2 mi | #51 of 346 | Score: 67.4
Dropped 1 spots from last year
+9.2 above state avg
1,773 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Linden School
1.6 mi | #195 of 352 | Score: 40.9
Improved 32 spots from last year
-17.3 below state avg
805 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
0.2 mi
212 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.4 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
1.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Location

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Neighborhood

32 Park Avenue, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent The Peggy Patenaude Team
Listing Office William Raveis R.E. & Home Services
Office Phone 978-475-5100
Agent MLS ID TM314892
Office MLS ID AN0949
Listing Data Updated May 4, 2021 10:09 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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