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40 Tea Party Way, Malden MA 02148

Malden, MA 02148 • Maplewood
$1,060,000
Est. $5,642/month
4
Beds
3
Baths
2,448
Sq Ft
$433
Price/Sq Ft
0.14
Acres
2003
Year Built
Single Family Residence
Type
22
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73209365

About this home

Situated on one of Malden's most sought-after neighborhoods, this single-family provides breathtaking city views and showcases recent enhancements including a modernized kitchen, all-new flooring and carpet. Enter the bright foyer, adorned with vaulted ceilings that elevate the expansive open floor plan. The second floor unveils the master suite, adorned with matching vaulted ceilings and a lavish full bathroom. Two more bedrooms and an additional full bathroom plus a conveniently situated laundry round out this level. Ascend to the third floor, where you'll find extra finished space, ideal for an additional bedroom or home office/playroom. The finished basement provides an additional multi purpose space and a half bath as well as a large storage room. Featuring a two-car garage and charming private backyard with brand-new fence. Enjoy everything Malden has to offer restaurants, shops, bike path, Rte1/93, Orange line, commuter rail. This exceptional property is a must see!

Sale Statistics

Sale Overview
Original List Price: $959,000
Final Sale Price: $1,060,000
Difference: +$101,000 (+10.5%)
Performance Metrics
110.5%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $392
Sale $/sq ft: $433
This property sold for $433 per square foot
Sale Summary

This property sold for 10.5% above the original asking price, indicating strong buyer demand.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
2003
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,448 sq ft
Total Rooms
8

Interior Features

Flooring
Carpet, Hardwood, Stone / Slate, Flooring - Wall to Wall Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator
Interior Features
Bathroom - Half, Closet, Lighting - Overhead, Media Room, Play Room, Central Vacuum, Walk-up Attic
Laundry Features
Second Floor
Basement Details
Full, Finished, Interior Entry
Window Features
Window(s) - Bay/Bow/Box, Insulated Windows
Door Features
Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck - Vinyl, Rain Gutters, Professional Landscaping, Sprinkler System, Fenced Yard, City View(s)
Patio/Porch Features
Deck - Vinyl
Fencing
Fenced
Has Spa
No
View
City
Has View
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
5,998 sq ft
Lot Size Area
0.1400
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Attached, Off Street, Driveway
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,590
Tax Year
2024
Tax Assessed Value
$820,400
Parcel Number
601484
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Buyer is responsible for assuming the solar agreement for the solar panels on the property. Solar panels are owned by a 3rd party and a new owner must assume contract. No monthly payments for panels, but set electrical figures.

Location

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Neighborhood

Maplewood

40 Tea Party Way, Malden MA 02148

Malden, MA 02148

Walkability

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Schools

Elementary School
Linden
Rating information coming soon
Middle School
Linden
Rating information coming soon
High School
Malden High
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $799
Homeowners Insurance $200
PMI $0

Property History

Market Insights

9.5%
Price Range
24
Total Days on Market

Property Timeline

✓
Sold
Apr 23, 2024
$1,060,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Mar 10, 2024
$959,000
Original listing
Agent: Danielle Storella Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Mar 10, 2024 New Listing Added $959,000 —

Market Statistics

Days on Market
22 days
Price per Sq Ft
$433

Tax History

Year Taxes Assessment
2024 $9,590 $820,400

Financial Details

Annual Property Tax
$9,590
Tax Year 2024
Assessed Value
$820,400

Listing Information

Listing Agent Danielle Storella
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID CN231632
Office MLS ID AN4874

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