249 Summer St, Malden MA 02148

Malden, MA 02148
$975,000
Est. $5,189/month
4
Beds
2.5
Baths
2,505
Sq Ft
$389
Price/Sq Ft
0.17
Acres
1920
Year Built
2 Family - 2 Units Up/Down
Type
20
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73305036

About this home

This oversized two-family home on Malden's desirable West Side is perfect for owner-occupants, investors, or multi-generational living. Perched on the sunny corner of Summer St. and Greystone Rd., it boasts great curb appeal. The first-floor unit features high ceilings, an updated kitchen with stainless steel appliances, hardwood floors, a living room, bedroom, full bath, and office/den. The spacious bi-level second unit offers 1.5 baths, an updated kitchen with walkout deck, and five large rooms, with the top floor easily able to be converted from two rooms back to three bedrooms. The basement includes a shared laundry, mechanical room, and storage. Additional features of this property include separately metered electric, gas heat (not separately metered), vinyl siding, architectural shingle and rubber roof, newer oversized paved driveway, composite decking, and more! Ready for a new owner to maximize its charm and potential.

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $975,000
Difference: +$75,100 (+8.3%)
Performance Metrics
108.3%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $359
Sale $/sq ft: $389
This property sold for $389 per square foot
Sale Summary

This property sold for 8.3% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1920
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,505 sq ft
Total Rooms
10
Stories
4
Levels
4

Interior Features

Flooring
Vinyl, Carpet, Varies, Hardwood
Heating
Central, Natural Gas, Baseboard
Has Heating
Yes
Cooling
Central Air, None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Refrigerator, Microwave
Interior Features
Laundry Room, Mudroom, Ceiling Fan(s), Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Crown Molding, Living Room, Kitchen, Office/Den, Dining Room
Basement Details
Full, Interior Entry, Concrete, Unfinished

Exterior & Structure

Roof
Shingle
Foundation
Stone
Foundation Area
1,440 sq ft
Exterior Features
Rain Gutters
Patio/Porch Features
Screened, Deck - Composite, Covered
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.17 acres
Lot Size
7,231 sq ft
Lot Size Area
0.1700
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street, Paved

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Public School, T-Station, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,181
Tax Year
2024
Tax Assessed Value
$785,400
Parcel Number
591240
Zoning
RES A

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Seller has never occupied home. Buyers and buyer's agents to do their own due diligence. Property being sold as-is. Central a/c on 1st floor only. Unit 1 rented $2, 350/month including gas, tenant pays electric. Some bedroom doors are removed.

Location

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Neighborhood

249 Summer St, Malden MA 02148

Malden, MA 02148

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $765
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.7%
Price Range
22
Total Days on Market

Property Timeline

Sold
Dec 19, 2024
$975,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Oct 22, 2024
$899,900
Original listing
Agent: Emily Haddad Office: Compass

Price & Status History

Date Event Price Change
Oct 22, 2024 New Listing Added $899,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$389

Tax History

Year Taxes Assessment
2024 $9,181 $785,400

Financial Details

Annual Property Tax
$9,181
Tax Year 2024
Assessed Value
$785,400

Listing Information

Listing Agent Emily Haddad
Listing Office Compass
Agent MLS ID CN216311
Office MLS ID AN2383

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