55 Cherry St, Malden MA 02148

Malden, MA 02148 • Forestdale
$595,000
Est. $3,167/month
2
Beds
1.5
Baths
924
Sq Ft
$644
Price/Sq Ft
0.08
Acres
1920
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73312556

About this home

Cute-as-a-button 2-bedroom cottage in Malden’s sought-after Forestdale neighborhood—the Melrose alternative for savvy buyers seeking more value for their investment. This delightful home features an open, airy layout with hardwood floors throughout and central A/C! The sun splashed, spacious, eat-in kitchen flows effortlessly into the living areas, perfect for entertaining or relaxing. Plenty of basement storage, a cute backyard with a sprinkler system, and a one-car garage round out this lovely package. Note: one bedroom is sans closet—let’s call it “minimalist.” Washer and dryer are gifts to the buyer. Ideal condo alternative in a fantastic location—don’t miss this one!

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $595,000
Difference: +$46,000 (+8.4%)
Performance Metrics
108.4%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $594
Sale $/sq ft: $644
This property sold for $644 per square foot
Sale Summary

This property sold for 8.4% above the original asking price, indicating strong buyer demand.

With only 5 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
1920
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
924 sq ft
Total Rooms
4

Interior Features

Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Dishwasher, Microwave, Washer, Dryer
Laundry Features
In Basement, Gas Dryer Hookup
Basement Details
Full, Bulkhead, Unfinished

Exterior & Structure

Construction Materials
Frame
Architectural Style
Bungalow
Roof
Asphalt/Composition Shingles
Foundation
Stone
Exterior Features
Rain Gutters, Sprinkler System
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,589 sq ft
Lot Size Area
0.0800
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
2
Parking Features
Detached, Paved Drive, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Gas Dryer
Water Source
Public
Sewer
Public Sewer

Community & HOA

Subdivision
Forestdale
Community Features
Public Transportation, Shopping, Park, Sidewalks
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,458
Tax Year
2024
Tax Assessed Value
$466,900
Parcel Number
M:137 B:803 L:321,600645
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Attached Property
No
Disclosures
See Seller's Statement Attached
Exclusions
See Inclusion/Exclusion Sheet

Location

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Neighborhood

Forestdale

55 Cherry St, Malden MA 02148

Malden, MA 02148

Walkability

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Schools

Elementary School
Forestdate
Rating information coming soon
Middle School
Malden
Rating information coming soon
High School
Malden
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $455
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.7%
Price Range
6
Total Days on Market

Property Timeline

Sold
Dec 18, 2024
$595,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Nov 14, 2024
$549,000
Original listing
Agent: The Bill Butler Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Nov 14, 2024 New Listing Added $549,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$644

Tax History

Year Taxes Assessment
2024 $5,458 $466,900

Financial Details

Annual Property Tax
$5,458
Tax Year 2024
Assessed Value
$466,900

Listing Information

Listing Agent The Bill Butler Group
Listing Office Leading Edge Real Estate
Agent MLS ID TM327053
Office MLS ID AN4646

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