5 Island Hill Avenue, Malden, MA 02148

Oak Grove - Pine Banks, Malden
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Welcome to 5 Island Hill Avenue, a building located in Oak Grove - Pine Banks, Malden in Malden, MA. As a quick overview, these are the most up-to-date information we've collected about the property. According to local assessors, the total value of the building is currently valued at $46,577,000. Specifically, the value of the land that the property sits on has been assessed at $12,300,000. The building was last assessed in 2024. There are another one buildings located on the same land that 5 Island Hill Avenue was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Fitness Center
Policies
Cats Allowed
Facts
General
Building Count
3
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Living Units
150
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Garage
Parking Space Count
45
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Land Acres
4.576
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Ownership
Current Owner's Name
WM OAK GROVE VILLAGE LLC
Owner Address - City
MELROSE
Owner Address - State
MA
Owner Address - ZIP Code
02176
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Malden School District
School Tax School District
MALDEN SD
Census Tract
341302
Census Block Code
1000
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
148
Census - Combined Statistical Area - Area Name
Boston-Worcester-Providence, MA-RI-NH-CT
Census - County FIPS
25017
Census - Full FIPS
250173413001000
Census - Metropolitan Division - Area Code
15764
Census - Metropolitan Division - Area Name
Cambridge-Newton-Framingham, MA
Census - Metro Micro Statistical Area - Area Code
14460
Census - Metro Micro Statistical Area - Area Name
Boston-Cambridge-Newton, MA-NH
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2537875
Census Source
US Census Bureau
Census State FIPS
25
Census Tract Code
341300
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2507170
School District - Unified - Name
Malden School District
Zoning
Zoning
HB
Geography
Parcel
MALD M:044 B:855 L:505A
Block
855
Lot
505A
Lot Code
unknown
Municipality
MALDEN
Latitude
42.4397
Longitude
-71.0688
FIPS
25017
Mailing Carrier Code
C002
Mailing Full Street Address
12 ISLAND HILL AVE
Mailing House Number
12
Mailing Street Mode
AVE
Mailing Street
ISLAND HILL
Mailing 4-Digit Zip Code
6108
Geo Status Code
unknown
Valuation
Timestamp
2024-02-13 22:10:17
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 5 Island Hill Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Oak Grove - Pine Banks area have a median price of $1,950. Those in the 25th percentile, have a price around $1,950. While those in the 75th percentile, have a price around $1,950. Typically, the buildings in this area have a median sqft of 850. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There are currently no four bedroom listings being advertised in the area.
About The Area
5 Island Hill Avenue is located in 02176. There are 27,787 people living here. There are 11,385 households. Most of these households have an average family size of 3.13 people. According to the census, 33% are currently renting while 67% own their homes. The median age of this population is around 40.7 years old. On average, most folks in the zipcode are married. About 14% of folks speak a language other than English in this area. The area's employment rate is currently around 68.5%. Speaking of employment, the median income is $87,712. Most folks will commute by car for around 32.0 minutes. Finally, we know that 18% of residents in the area have graduated with their high school degree. Additionally, 31% and 23% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Middlesex County, Massachusetts has a population of 1,567,610 people. Based on census records, there are 587,735 registered households. Families in this area are on average made up of 3.15 people per household. Most folks are married. They are also typically around 38.5 years old. Does diversity matter to you? Right now, 25% of folks speak a language other than English here. About 38% rent while 62% purchased their homes. Right now, the community is made up of 21% of residents who have graduated with at least a high school degree. On top of that, 27% have a Bachelor's degree and 26% have a Master's degree. The employment rate is currently around 66.1%. Those employed, have a median income of $89,019. If you move here, you can expect to commute mostly by car for around 29.9 minutes.

Finally, let's take a look at the stats related to Boston, MA - NH - RI Urban Area. The urban area is home to 4,343,828 people. A total of 1,635,254 households are registered here. With average family sizes being listed at 3.19 people. About 23% of residents have graduated with a high school degree. Of the rest, 25% have their Bachelor's and 20% have their Master's degree. Folks speaking a language other than English, make up about 26% of the population. Speaking of your commute, 64.5% of people in this area are employed. The recorded median income is currently at $77,009 per year. The median population age has been listed at 38.2 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 40% of the population while homeowners are at about 60% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
131
137
Main St @ Pine Banks Park (Under 500 ft - 3 min walk)
MBTA
131
137
Main St @ Pine Banks Park (Under 500 ft - 3 min walk)
MBTA
131
137
Main St opp Fairlawn St (650 ft - 3 min walk)
MBTA
131
137
Main St @ Fairlawn St (650 ft - 3 min walk)
MBTA
132
349 Washington St (810 ft - 3 min walk)
MBTA

Nearby Schools

(within attendance boundary)
Forestdale  •  0.74 mi
74 Sylvan Street, Malden, MA 02148
Public  •  Elementary  •  Grades KG to 8
Malden School District
Malden High  •  0.9 mi
77 Salem Street, Malden, MA 02148
Public  •  High School  •  Grades 9 to 12
Malden School District
257 Mountain Avenue, Malden, MA 02148
Public  •  Prekindergarten  •  Grades PK
Malden School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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