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123 Salem Street # 3, Malden MA 02148

Malden, MA 02148
$375,000
Est. $2,356/month
2
Beds
1
Baths
817
Sq Ft
$459
Price/Sq Ft
0.11
Acres
1930
Year Built
14
Days on Market
Closed Listed Apr 5, 2018 • MLS# 72304143 Copied!

About this home

Beautifully renovated 2 bedroom condo with granite and stainless kitchen, new bathroom, hardwood floors, new windows and newly painted interior! Lots of storage with a bonus attic space! Walk to the Malden Center MBTA & Take a short ride into Boston. Enjoy the many local restaurants, pubs and shops in Malden. Stroll or bike the 7.5 mile Northern Strand Trail bike path which is located behind the property. Storage bin and coin operated washer and dryer located in the basement. 2 off street parking spaces will be deeded out at closing. located in the rear of the building. Malden residential tax exemption.

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Public Records

Current Owner

Owner ROLKE MICHAEL S
Mailing Address 123 SALEM ST UNIT 3, MALDEN, MA, 2148

Land Use

Use Code 102
Description Condominium
Zoning ResA
Style CONDO-GRDN

Tax Information

Assessed Value $455,900

Assessment History

Year Land Building Total Change
FY2025 $0 $455,900 $455,900

Sale History

Date Price Book/Page
Sep 29, 2022 $425,000 80773/592
Nov 2, 2020 $1 76057/572
Jul 31, 2018 $430,000 71402/365
Dec 19, 2017 $252,000 70405/201

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: MALDEN

Match: geocode_proximity (81.2% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
2
Full Bathrooms
1
Living Area
817 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $339,000
Final Sale Price: $375,000
Difference: +$36,000 (+10.6%)
Performance Metrics
110.6%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $415
Sale $/sq ft: $459
This property sold for $459 per square foot
Sale Summary

This property sold for 10.6% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$459/sq ft
Area Average
$103/sq ft
Difference
+346.7%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 817 sq ft
Lot Size 0.11 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features Walk-up Attic

Exterior

Construction Frame
Architecture None
Roof Slate
Features Porch, Deck - Composite, Patio
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite, Patio

Parking

Features Off Street, Deeded, Paved
Total Spaces 2

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Walk-up Attic
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, Common Area, In Building
Security:

Construction & Materials

Year Built: 1930
Effective Year (Renovated): 2017
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Composite, Patio
Patio & Porch: Porch, Deck - Composite, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded, Paved

Location

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Neighborhood

123 Salem Street # 3, Malden MA 02148

Malden, MA 02148

Walkability

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Nearby Schools

School District
Malden School District local
B-
School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
3.9% below state avg
E

Elementary Schools

8 schools
Cheverus Elementary School
0.3 mi
Grades PK-08
B
Ferryway School
0.5 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
D
Salemwood School
0.6 mi | #324 of 352 | Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students Diverse
Diverse Student Body
Grades K-08
B-
Beebe School
0.9 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
B-
Forestdale School
0.9 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
1.0 mi | #52 of 346 | Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Linden School
1.5 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
0.2 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.2 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
0.8 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
HOA Fee $260/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

20.2%
Price Range
15
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73541554
Full transaction history available when tracking began
🏡
Currently Listed
Jun 25, 2026
$414,900
MLS #73541554 - Active
Previous Transaction - MLS #73027412
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 29, 2022
$425,000
MLS #73027412
Sold
May 3, 2018
$375,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Apr 5, 2018
$339,000
Original listing
Agent: George E. Hayes Office: J & G Realty

Price & Status History

Date Event Price Change
Jun 25, 2026 Sold $414,900
Sep 29, 2022 Sold $425,000
Apr 5, 2018 New Listing Added $339,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$459

Tax History

Year Taxes Assessment
2017 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2017
HOA Fee
$260
Monthly
Assessed Value
$0

Listing Information

Agent MLS ID NB112590
Office MLS ID NB3280
Listing Data Updated May 3, 2018 4:53 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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Market Analytics for Malden, MA

Real-time market trends and pricing data for this area

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