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123 Salem Street # 3, Malden MA 02148

Malden, MA 02148
$425,000
Est. $2,972/month
2
Beds
1
Baths
817
Sq Ft
$520
Price/Sq Ft
1930
Year Built
17
Days on Market
Closed Listed Aug 19, 2022 • MLS# 73027412 Copied!

About this home

Look no further, this is the ONE! Gorgeous 2 Bedroom/1 bathroom condo located minutes from Malden Center. Unit was fully renovated in 2018 and features gleaming hardwood floors all throughout. The kitchen offers updated cabinets, granite countertops, modern stainless steel appliances, a gas stove, recessed lighting, & a large pantry just down the hall! The living room is spacious and boasts tons of natural light. Full bathroom with a tiled shower stall, quartz countertop vanity, and modern fixtures and finishes. Large primary bedroom with a ceiling fan and walk-in closet for additional storage. 2nd bedroom is bright, sunny, and also has a walk-in closet! Heat is regulated w/ a programable Nest thermostat. Additional storage space in attic & basement. Shared laundry in the basement and 2-off street deeded parking spots. Shared outdoor space! Easy access to the MBTA commuter rail, Malden Center, train, I93, & numerous restaurants and shops! Walk score 92! Pet friendly.

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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 (88.2% 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: $384,900
Final Sale Price: $425,000
Difference: +$40,100 (+10.4%)
Performance Metrics
110.4%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $471
Sale $/sq ft: $520
This property sold for $520 per square foot
Sale Summary

This property sold for 10.4% above the original asking price, indicating strong buyer demand.

With only 17 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
$520/sq ft
Area Average
$65/sq ft
Difference
+704.4%

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
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 Electric Dryer Hookup, Washer Hookup, In Basement, Common Area
Features Other

Exterior

Construction Conventional (2x4-2x6)
Architecture None
Roof Slate
Features Porch, Screens, Rain Gutters, Other
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street, Deeded, Paved
Total Spaces 2

Utilities

Electric 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,688
Assessed Value $379,600

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Other
Windows: Insulated Windows, Screens
Basement: Y
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement, Common Area
Security:

Construction & Materials

Year Built: 1930
Structure Type: 2/3 Family
Exterior Materials: Conventional (2x4-2x6)
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: Thermostat, Other (See Remarks)

Exterior & Lot

Exterior Features: Porch, Screens, Rain Gutters, Other
Patio & Porch: Porch
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 $391
Homeowners Insurance $200
HOA Fee $232/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

11.8%
Price Range
19
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
Sold
Sep 29, 2022
$425,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Aug 19, 2022
$384,900
Original listing
Agent: Jodi Crowley Office: Lamacchia Realty, Inc.
Previous Transaction - MLS #72304143
Full transaction history available when tracking began
🏷️
Previously Sold
May 3, 2018
$375,000
MLS #72304143

Price & Status History

Date Event Price Change
Jun 25, 2026 Sold $414,900
Aug 19, 2022 New Listing Added $384,900
May 3, 2018 Sold $375,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$520

Tax History

Year Taxes Assessment
2022 $4,688 $379,600

Financial Details

Annual Property Tax
$4,688
Tax Year 2022
HOA Fee
$232
Monthly
Assessed Value
$379,600

Listing Information

Listing Agent Jodi Crowley
Listing Office Lamacchia Realty, Inc.
Agent MLS ID B9500527
Office MLS ID AN2885
Listing Data Updated Sep 29, 2022 2:56 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Malden, MA

Real-time market trends and pricing data for this area

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