502 Salem St, Malden MA 02148

Malden, MA 02148
$625,000
Est. $3,327/month
2
Beds
2
Baths
1,252
Sq Ft
$499
Price/Sq Ft
0.50
Acres
1880
Year Built
Single Family Residence
Type
25
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73206709

About this home

Completely renovated in 2007 this spacious home has a lot to offer the next owner! Set-up off the street for safety and privacy, as you enter, you will be welcomed by the enclosed heated three season porch which is a great place to shed your coats and shoes. Entering the main home the first floor offers an open concept with high ceilings, bamboo flooring, large rooms and a great flow. You will find living room, dining room, full bath with tub and granite tile, spacious kitchen with half vaulted ceilings and skylights with a slider to the side deck and private yard. The second floor offers 2 very generous bedrooms with bamboo flooring double closets, skylights for lots of natural light and a 3/4 tile bath with 2 vanities. This home has all newer plumbing, 200 amp electric, 2016 windows. All situated on half an acre of land. One car off street parking. Close to public transportation, Boston, major routes, Logan airport, points North, restaurants, and shopping.

Sale Statistics

Sale Overview
Original List Price: $639,900
Final Sale Price: $625,000
Difference: $14,900 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $511
Sale $/sq ft: $499
This property sold for $499 per square foot
Sale Summary

This property sold for 2.3% 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
Single Family Residence
Property Category
Residential
Year Built
1880
Bedrooms
2
Full Bathrooms
2
Living Area
1,252 sq ft
Total Rooms
6

Interior Features

Flooring
Tile, Bamboo, Stone / Slate
Heating
Forced Air, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Electric Water Heater, Water Heater, Range, Dishwasher, Refrigerator
Interior Features
Vestibule
Laundry Features
Main Level, Electric Dryer Hookup, Washer Hookup, First Floor
Basement Details
Full, Walk-Out Access, Interior Entry, Concrete, Slab
Window Features
Insulated Windows
Door Features
Insulated Doors
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter, Stone
Exterior Features
Porch, Deck
Patio/Porch Features
Porch, Deck
Has Spa
No
View
City View(s)
Has View
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.50 acres
Lot Size
21,754 sq ft
Lot Size Area
0.5000
Lot Features
Wooded, Sloped
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,925
Tax Year
2024
Tax Assessed Value
$421,300
Parcel Number
M:116 B:715 L:539,599411
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Attached Property
No
Disclosures
See Seller's disclosure. Jetted tub may not work. Electric heat in front porch.
Exclusions
See Inclusion/ Exclusion

Location

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Neighborhood

502 Salem St, Malden MA 02148

Malden, MA 02148

Walkability

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Schools

High School
Mhs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $410
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.3%
Price Range
26
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73404615
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 26, 2025
$640,000
MLS #73404615
Sold
May 1, 2024
$625,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Feb 28, 2024
$639,900
Original listing
Agent: Deborah Miller Office: Littlefield Real Estate, LLC

Price & Status History

Date Event Price Change
Aug 26, 2025 Sold $640,000
Feb 28, 2024 New Listing Added $639,900

Market Statistics

Days on Market
25 days
Price per Sq Ft
$499

Tax History

Year Taxes Assessment
2024 $4,925 $421,300

Financial Details

Annual Property Tax
$4,925
Tax Year 2024
Assessed Value
$421,300

Listing Information

Listing Agent Deborah Miller
Listing Office Littlefield Real Estate, LLC
Agent MLS ID C8000756
Office MLS ID AN7112

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