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48 Sheafe Street

48 Sheafe Street, Malden, MA 02148
Sold Feb 17, 2017
$450,000
$249,999 by Eastern Bank
Mortgage Due May 09, 2047
Sold Jul 02, 2002
$20,000
$190,000 by Countrywide Home Loan
Mortgage
48 Sheafe Street in Malden, MA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 48 Sheafe Street has 1,892 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,896 square feet.

Learn more about the property and building on this page. The home has a mansard style roof made of slate. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 48 Sheafe Street sold most recently in Jan 1, 1970 for a total of $450,000. If you work out the math, that's approximately a cost of $237.84 per sqft. Before that, the property was also sold for $20,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,836 in taxes each year. The initial year of tax delinquency occurred in 2022. 48 Sheafe Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $584,800. If we break it down further, the land itself was valued at $262,800. Improvements to the property, however, were assessed at a total of $322,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Mansard
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,020
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,896
  • Total Building Area: 1,892
  • Gross Building Area: 3,281
  • Building Area: 1,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,892
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SUSSMAN PAUL
  • Current Owner 2: SUSSMAN JANE
  • Previous Owner : NALLY DONNA P
  • Owner Before Previous Owner: GOBOURNE FRANCO J
  • Owner Before Previous Owner 2: NALLY DONNA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Malden School District
  • School Tax School District: MALDEN SD
  • Census Tract: 341800

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:126 B:484 L:405
  • Block: 484
  • Lot: 405
  • Municipality: MALDEN
  • Latitude: 42.4285
  • Longitude: -71.0415

    Address

  • Full Address: 48 Sheafe St
  • Address - House Number: 48
  • Address - Street Name: Sheafe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C046
  • 4-Digit Zip Code: 6018
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,836
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 720,718
  • High Value: 878,287
  • Low Value: 563,149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,999
  • First Open Lien Mortgage Lender: EASTERN BANK
  • First Open Lien Mortgage Recording Date: May 09, 2017
  • First Open Lien Mortgage Loan Amount: $249,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 09, 2047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $584,800
  • Assessed Land Value: $262,800
  • Assessed Improvements Value: $322,000

    Sales

  • Current Sale Recording Date: Feb 17, 2017
  • Current Sale Transaction ID: 1980415459
  • Current Sale Price: $450,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 26291
  • Previous Sale Recording Date: Jul 02, 2002
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOAN
  • Previous Mortgage Transaction Date: Jul 02, 2002
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Maplewood



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Frequently Asked Questions

What neighborhood is 48 Sheafe Street located in?
The 48 Sheafe Street is a house located in the neighborhood of Maplewood Highlands in Maplewood, Malden.
What is the average sales price for listings in 48 Sheafe Street?
The average sales price for units in 48 Sheafe Street is $0 currently.

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