316 Summer St, Malden MA 02148

Malden, MA 02148
$935,000
Est. $4,976/month
6
Beds
4
Baths
3,641
Sq Ft
$257
Price/Sq Ft
0.61
Acres
1890
Year Built
2 Family - 2 Units Up/Down
Type
25
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73204203

About this home

A grand living and investment opportunity is here! This two-family building boasts a large living area (3641 sqft), a considerable lot area(0.61 Acres), an oversized driveway (park at least five cars or more), and two garages. An oversized patio with an excellent view of Boston. Several vegetable/flower gardens.Quiet and convenient location, close to T, and many amenities around. The owner bought the property in 1989 and has been living in the first-floor unit comfortably since then. This Unit features three big-sized bedrooms, a big kitchen, another bonus room, two full bathrooms, and a high ceiling. The second-floor unit has been rented out for TAW currently. This unit features three bedrooms, a big kitchen, a bonus room, and one and a half bathrooms. The 1880 Sqft unfinished basement features a high ceiling, a floor above the ground, and easy access to the outside patio. Paid by coin laundry room beside the basement. The large attic could be renovated and used. A must-see!

Sale Statistics

Sale Overview
Original List Price: $1,100,000
Final Sale Price: $935,000
Difference: $165,000 (-15.0%)
Performance Metrics
85.0%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $302
Sale $/sq ft: $257
This property sold for $257 per square foot
Sale Summary

This property sold for 15.0% below the original asking price.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1890
Bedrooms
6
Full Bathrooms
3
Half Bathrooms
2
Living Area
3,641 sq ft
Total Rooms
11
Stories
3
Levels
3

Interior Features

Has Fireplace
Yes
Number of Fireplaces
4
Basement Details
Full, Unfinished

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.61 acres
Lot Size
26,489 sq ft
Lot Size Area
0.6100

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$10,457
Tax Year
2023
Tax Assessed Value
$857,800
Tax Lot
029
Tax Block
020
Tax Map Number
006
Parcel Number
591002
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Buyers or buyers' agents should do due diligence. Public record shows total rooms: 11, Bedrooms: 4, Full Baths: 4, Half bath:1

Location

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Neighborhood

316 Summer St, Malden MA 02148

Malden, MA 02148

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $871
Homeowners Insurance $200
PMI $0

Property History

Market Insights

15%
Price Range
131
Total Days on Market

Property Timeline

Sold
Apr 26, 2024
$935,000
Property sold
Days on Market: 131
🏠
Listed for Sale
Feb 21, 2024
$1,100,000
Original listing

Price & Status History

Date Event Price Change
Feb 21, 2024 New Listing Added $1,100,000

Market Statistics

Days on Market
25 days
Price per Sq Ft
$257

Tax History

Year Taxes Assessment
2023 $10,457 $857,800

Financial Details

Annual Property Tax
$10,457
Tax Year 2023
Assessed Value
$857,800

Listing Information

Listing Agent Qibin Zhang
Listing Office Massachusetts Zhang Realty
Agent MLS ID CN207771
Office MLS ID AN4953

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