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7 Preston Street

7 Preston Street, Malden, MA 02148
Sold Dec 14, 2021
$600,000
$570,000 by William Raveis Mortgage Co
Mortgage Due Dec 14, 2051
Sold Nov 12, 2003
$278,000
$278,000 by Winter Hill Fed Sb
Mortgage
7 Preston Street in Malden, MA was first built in 1920 and is 104 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7 Preston Street has 1,446 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 3,419 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. 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 good. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7 Preston Street was last sold in Dec 14, 2021 for $600,000. According to our calculations, that's $414.94 per sqft. Prior to that sales transaction, the property was sold for $278,000 in Jan 1, 1970. Current property owners are expected to pay $6,861 in taxes per year. The property on 7 Preston Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $586,900. To break that down further, the land itself was valued at $242,400. While improvements to the property were assessed at a total of $344,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 814
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,419
  • Total Building Area: 1,446
  • Gross Building Area: 2,858
  • Building Area: 1,446
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,446
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FONTES KATERINA
  • Current Owner 2: FONTES SILVESTRE
  • Previous Owner : KERI LOUISE PYKE LT
  • Owner Before Previous Owner: GRAMSTORFF BETTE
  • Owner Before Previous Owner 2: FRANCES CONNELL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Malden School District
  • School Tax School District: MALDEN SD
  • Census Tract: 341700

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:114 B:720 L:002
  • Block: 720
  • Lot: 2
  • Municipality: MALDEN
  • Latitude: 42.4337
  • Longitude: -71.0518

    Address

  • Full Address: 7 Preston St
  • Address - House Number: 7
  • Address - Street Name: Preston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C027
  • 4-Digit Zip Code: 3034
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,861

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 672,888
  • High Value: 789,936
  • Low Value: 555,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: WILLIAM RAVEIS MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 14, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,900
  • Assessed Land Value: $242,400
  • Assessed Improvements Value: $344,500

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11875365095
  • Current Sale Price: $600,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 269218
  • Previous Sale Recording Date: Nov 12, 2003
  • Previous Sale Amount: $278,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILLIAM RAVEIS MORTGAGE CO
  • First Mortgage Transaction Date: Dec 14, 2021
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WINTER HILL FED SB
  • Previous Mortgage Transaction Date: Nov 12, 2003
  • Previous Mortgage Loan Amount: $278,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Maplewood



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Frequently Asked Questions

What neighborhood is 7 Preston Street located in?
The 7 Preston Street is a located in the neighborhood of Maplewood Highlands in Maplewood, Malden.
What is the average sales price for listings in 7 Preston Street?
The average sales price for units in 7 Preston Street is $0 currently.

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