14-16 Malvern Ave, Somerville, MA 02144
SOLDMAR 13, 2024

14-16 Malvern Ave
Somerville, MA 02144

Teele Square
  • 7 Beds
  • 4 Baths
  • 2,870 sqft
  • 7 Beds
  • 4 Baths
  • 2,870 sqft

$1,700,000

Last Sold: Mar 13, 2024
6% over list $1.6M
$592/sqft
Est. Refi. Payment $10,535/mo*

Homes for Sale Near 14-16 Malvern Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 13, 2024
Beautiful & renovated 2 family in great location just off the Bike Path between Teele and Davis Sq. 14 Malvern has been in the same family over 60 years; used in the past as an owner occupied home and now as an investment property. Some updates include: exterior painting 2022, new roof 2021, heat pumps in both units 2021, new windows in the units 2016-2021, newer SS appliances, interior paint, smart thermostats, & more. Unit 1 is 3 beds 1.5 baths leased through 8/31/24 at 3750/month. Unit 2 is 4 -5 beds, 2 full baths, ~1700 sq ft over 2 levels and leased through 7/12/2024 at 5000/month. Both units have eat in kitchens, dishwashers, updated appliances and dedicated laundry. Located just minutes to restaurants, shops, night life, Bike Path, & public transportation, 14 Malvern makes for a great owner occupied OR investment property. Currently parking for 2, can likely increase to 3-4 cars with removal of wheelchair ramp. Please try to attend open houses Sat 2/3 & Sun 2/4 10:00-12:00.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$592/sqft
Listed
50 days ago

Home Details for 14-16 Malvern Ave

Interior Features

Interior Details
Basement: Full,Interior Entry,UnfinishedNumber of Rooms: 13
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2870 Square Feet
Appliances & Utilities
Utilities: for Gas Range
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Insulated WindowsFlooring: Wood, Hardwood
Levels, Entrance, & Accessibility
Number of Stories: 3Floors: Wood, Hardwood

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Stone, Other
Parking & Garage
No GarageHas Open ParkingParking Spaces: 2Parking: Paved Drive,Off Street,Tandem
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 2 Family - 2 Units Up/Down
Building
Construction Materials: FrameDoes Not Include Home Warranty
Property Information
Not Included in Sale: Tenant Belongings.

Price & Status

Price
List Price: $1,599,000Price Per Sqft: $592/sqft
Status Change & Dates
Off Market Date: Sat Feb 03 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Somerville

Building

Building Area
Building Area: 2870 Square Feet

Community

Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station, UniversityNot Senior Community

Lot Information

Lot Area: 3300 sqft

Energy

Energy Efficiency Features: Thermostat

Compensation

Buyer Agency Commission: 2.25Buyer Agency Commission Type: %Transaction Broker Commission: 2Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 73198006Compensation Based On: Net Sale Price

Additional Information

Public TransportationShoppingWalk/Jog TrailsBike PathT-StationUniversity
Last check for updates: about 14 hours ago
Listed by Katherine Malin
Compass
Bought with: The Maria Fabiano Team, Maria Fabiano Realty
Source: MLS PIN, MLS#73198006

Price History for 14-16 Malvern Ave

DatePriceEventSource
03/13/2024$1,700,000Sold
MLS PIN #73198006
01/31/2024$1,599,000Listed For SaleMLS PIN #73198006

Comparable Sales for 14-16 Malvern Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Multi-Family Home
$1,450,000
08/23/23
5
4
3,123
0.08
Multi-Family Home
$1,735,000
07/24/23
5
3
2,623
0.14
Multi-Family Home
$1,905,000
10/31/23
6
3
3,687
0.13
Multi-Family Home
$1,670,000
06/06/23
6
3
3,954
0.17
Multi-Family Home
$1,500,000
09/07/23
6
3
3,375
0.24
Multi-Family Home
$1,810,000
06/21/23
9
3
3,375
0.25
Multi-Family Home
$1,450,000
09/07/23
7
2
3,111
0.42
Multi-Family Home
$1,700,000
02/29/24
8
3
3,112

Assigned Schools

These are the assigned schools for 14-16 Malvern Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Teele Square

  • Jennifer C.
    "People walk their dogs everywhere and seem to like them. It is also easy to avoid them if your dog doesn’t like other dogs. And people are friendly and there is a dog park nearby"
    1
    Flag
  • Lauren P.
    "There are some college kids who have homes in random pockets of the neighborhood. Streets are narrow and cars tend to speed"
    0
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  • Matt G.
    "There is an annual neighborhood block party in the summer which is nice to see everyone come together as a community. "
    0
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  • Paola R. S.
    "lots of nice places to eat and quick rides on the redline. Davis square is always happening. the square has music, events and block parties often. we've lived here 8 years and would not leave but housing is expensive. "
    0
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  • Paola R. S.
    "some dogs owners dont pick up after their pets, makes non-drug owners angry. Not all dog owners keep dogs on leash. "
    1
    Flag
  • Terra B.
    "The pitches are so cute. Walkable to downtown with awesome restaurants. Safe to walk around in, many young neighborhood. "
    0
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  • teeleliving
    "I moved here in 2013 as a single, young professional working in Burlington. Teele Square is an up and coming area, walking distance to an extensive variety of restaurants, bars, convenience stores, and the occasional yoga studio. Public transportation is great, with buses every 15 minutes or a 15 minute walk to the Davis Sq Red Line. A new Stop and Shop provides convenient grocery shopping and you are minute's drive from Rt 2, Rt 93, and a 15-minute drive to Logan Airport. There is a young demographic here of working professionals, students, and families. The neighbors are friendly and social. Many of the units lend themselves to families of 2-3 with a small pet. While you will see families of 4, I would not suggest this in a 1100 sq ft home. All in all, I could not be happier living here and would highly recommend the area to young professionals, families, or students looking for the perfect balance between city life, affordability, and easy access to suburbs."
    0
    Flag

LGBTQ Local Legal Protections

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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 14-16 Malvern Ave

Off Market Homes Near 14-16 Malvern Ave

14-16 Malvern Ave, Somerville, MA 02144 is a 7 bedroom, 4 bathroom, 2,870 sqft multi-family built in 1900. 14-16 Malvern Ave is located in Teele Square, Somerville. This property is not currently available for sale. 14-16 Malvern Ave was last sold on Mar 13, 2024 for $1,700,000 (6% higher than the asking price of $1,599,000).