21 days on rocket

383 Highland Ave, Malden, MA, 02148

$1,250,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
5 Full Baths
4,000 SqFt
$313/SqFt
House
Schools Nearby

Location

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383 Highland Ave, Malden$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Paved Drive, Off Street
Garage5 spaces
Year Built1900
HeatingBaseboard, Oil
CoolingCentral Air, Wall Unit(s)
BasementYes
MLS #73230532
Lot Size0.20 Acres
StatusActive

About 383 Highland Ave

Location!!!!Located near Malden Center, this expansive property is just steps from a T station and bus stops, perfect for commuters. It offers 4,000 sq ft of living space on a 0.2-acre lot, featuring 20 rooms, including 10 bedrooms and 5 full bathrooms. This setup is ideal for generating significant rental income by renting out individual rooms or multiple units.The property includes 5 indoor garage spaces and an additional 7 off-street parking spaces, enhancing its rental appeal. The sizable lot also holds potential for various uses, such as expansion or redevelopment, to maximize income and functionality.With its prime location and ample living and parking space, this property is not just a residence but a lucrative investment opportunity with vast potential in a highly desirable area.Just moments from the Orange Line at Malden Center, residents can enjoy quick and direct access to downtown Boston, connecting effortlessly to educational institutions such as Northeastern University.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Space Realty
  • Listing Agent: Zhichao Chen

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: No
  • Parking: Detached, Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil
  • Cooling: Central Air, Wall Unit(s)

School Info

Assigned Schools Information:

  • Malden High School, Public District Grades 9-12
  • Beebe, Public District Grades KG-8
  • Ferryway, Public District Grades KG-8
  • Salemwood, Public District Grades KG-8

Other

Directions Information:

  • Directions: use navigation

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $313/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $9,825
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malden, MA.

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Malden, MA

City

Med. Sold Price

$662.5K

Med. Price/SqFt

$412

Avg. Days On Market

15

# of Sold Homes

31

383 Highland Ave vs Malden

21 DAYS ON ROCKET

+6 Days

$1,250,000

+$587.5K More

$313/SqFt

-$99 Less

KEY TAKEAWAY

This property is $587.5K more than the Median Sold Price and $99/SqFt less than other homes in Malden, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73230532

Listing Office:

  • Office Name: Space Realty
  • Listing Agent: Zhichao Chen

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/22/2024, 1:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2001Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,825$799,400
2020$12,308$973,000
2019$11,363$856,300
2018$11,228$796,900
2017$9,239$652,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-6168822
5
/10

  • Beebe

  • 401 Pleasant St

  • 0.14 miles

  • Public District Grades KG-8

school-card-donut-6168823
5
/10

  • Ferryway

  • 150 Cross St

  • 1.09 miles

  • Public District Grades KG-8

school-card-donut-6168824
5
/10

  • Salemwood

  • 529 Salem St

  • 1.60 miles

  • Public District Grades KG-8

High School

school-card-donut-6168825
3
/10

  • Malden High School

  • 77 Salem St

  • 0.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,162. Residents of Malden, MA typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 383 Highland Ave

What is the listing price of this property?

The listing price of 383 Highland Ave property is $1,250,000.

What type of property is this?

The property 383 Highland Ave is a house located in Malden, Massachusetts, 02148.

Is this property for sale now?

Active Listing: 383 Highland Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 383 Highland Ave are:
Beebe: GreatSchools Rating 5/10
Ferryway: GreatSchools Rating 5/10
Salemwood: GreatSchools Rating 5/10
Malden High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,825 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 23, 2001 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 383 Highland Ave has 10 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 383 Highland Ave is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 383 Highland Ave is 1900.

Rocket Homes›Massachusetts›Middlesex County›Malden›02148›383 Highland Ave

This home is located at 383 Highland Ave in Malden, MA and zip code 02148. This 4,000 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,250,000.

While more than 27 listings in Malden, MA in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. While the average time on the market in April 2024 was 15 days, the median list price was $662,500.

From Rocket Homes Real Estate and based on county public records data.

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