557 Salem Street # 3, Malden MA 02148

Malden, MA 02148
$340,000
2
Beds
1.5
Baths
973
Sq Ft
$349
Price/Sq Ft
1951
Year Built
1
Parking
4
Days on Market
Sold Listed Jun 22, 2017 • MLS# 72187616 Copied! • Updated Aug 26, 2017

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Sale Statistics

Sale Overview
Original List Price: $315,000
Final Sale Price: $340,000
Difference: +$25,000 (+7.9%)
Performance Metrics
107.9%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $324
Sale $/sq ft: $349
This property sold for $349 per square foot
Sale Summary

This property sold for 7.9% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$349/sq ft
Area Median
$420/sq ft
Difference
16.9%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Bright and sunny 2 BR condo in converted church. Complete rehab in 2002 with high ceilings, HW floors, gourmet maple cabinet kitchen, 1 ½ baths, central A/C. Walk to near-by Maplewood Center plus public transportation to Orange line outside the front door. Easy access to major highways. One car off-street parking plus visitor spaces. Additional storage cage in basement. Common outdoor patio area. Convenient location and modern open floor plan make this a desirable place to call home.

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Recently Sold Nearby

Property History

Market Insights

35.7%
Price Range
5
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73479442
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 29, 2026
$490,000
MLS #73479442
Sold
Aug 24, 2017
$340,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Jun 22, 2017
$315,000
Original listing
Agent: Nancy Solomon Office: Coldwell Banker Residential Brokerage - Arlington

Tax History

Year Taxes Assessment
2017 $4,345 $306,600

Financial Details

Annual Property Tax
$4,345
Tax Year 2017
HOA Fee
$225
Monthly
Assessed Value
$306,600

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1951
Living Area 973 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio
Features Off Street, Guest, Paved
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup
Annual Tax $4,345
Assessed Value $306,600

HOA & Community

HOA Fee $225 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities None
Optional Fee Includes None
Owner-Occupied Units 6
Pets No
Seller Disclosures Gas Hot Water Heater Replaced 2017. Some Seepage In Basement Storage Area. Important: Lock Box For This Unit Is On Side Patio Door (right Side) But Please Use Driveway Side Door To Access The Unit (left Side). Unit Is On 2nd Floor Rear. Can Park In Rear Lot Last Space To The Right Or On Street.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Field Card
Documents Master Deed (1)
County Middlesex
Total market time (incl. prior listings) 5 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1951
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
973 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1951
Effective Year (Renovated): 2002
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Guest, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

557 Salem Street # 3, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Office Coldwell Banker Residential Brokerage - Arlington
Office Phone 781-648-6500
Agent MLS ID BB901520
Office MLS ID BB9584
Listing Data Updated Aug 26, 2017 3:01 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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