61 Wallace Street, Malden MA 02148

Malden, MA 02148 • Forestdale
$850,000
Est. $4,524/month
3
Beds
1.5
Baths
2,091
Sq Ft
$407
Price/Sq Ft
0.14
Acres
1960
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73371903

About this home

Forestdale! A stone's throw to Waitt's Mount & appx. 0.5 miles to Oak Grove Train Station! This three bed 1.5 bath expanded Garrison Colonial on dead end street is a wonderful opportunity. The foyer welcomes you into a spacious living room w/picture window & hardwood floors that lead into the dining & kitchen area. The kitchen offers ample cabinetry, a new stainless dishwasher & refrigerator, eat in area, & a view of the oversized family room. This amazing space has cathredral ceilings & many windows that overlook the backyard with newer sliders to the deck- a great space for family living &entertaining. A 1/2 bath & an adorable, enclosed porch compete the first floor. The third floor has three well-sized bedrooms & a fully renovated bathroom! The finished basement area has new vinyl flooring & provides even more space! Vinyl siding, central air, off-street parking, gas heating, & fenced in yard! Enjoy Malden & Melrose's vibrant downtown areas! Privacy & convenience at its finest!

Sale Statistics

Sale Overview
Original List Price: $749,900
Final Sale Price: $850,000
Difference: +$100,100 (+13.3%)
Performance Metrics
113.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $359
Sale $/sq ft: $407
This property sold for $407 per square foot
Sale Summary

This property sold for 13.3% 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
1960
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,091 sq ft
Total Rooms
8

Interior Features

Flooring
Tile, Vinyl, Hardwood, Flooring - Vinyl
Heating
Forced Air, Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Water Heater, Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Interior Features
Recessed Lighting, Bonus Room
Laundry Features
In Basement
Basement Details
Full, Partially Finished, Sump Pump

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Deck, Fenced Yard
Patio/Porch Features
Porch - Enclosed, Deck
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
5,946 sq ft
Lot Size Area
0.1400
Lot Features
Easements

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street, Tandem

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,998
Tax Year
2025
Tax Assessed Value
$706,500
Tax Lot
912
Tax Block
829
Tax Map Number
089
Parcel Number
597203
Zoning
ResA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Basement has been waterproofed. Ask agent about potential rent back. Measurements and floor plans provided by photographer and may be estimates. Buyers and agents to do due diligence.
Exclusions
Sellers Personal Property

Location

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Neighborhood

Forestdale

61 Wallace Street, 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 $667
Homeowners Insurance $200
PMI $0

Property History

Market Insights

11.8%
Price Range
6
Total Days on Market

Property Timeline

Sold
Jun 5, 2025
$850,000
Property sold
Days on Market: 6
🏠
Listed for Sale
May 8, 2025
$749,900
Original listing
Agent: Kristin Gennetti Office: Century 21 North East

Price & Status History

Date Event Price Change
May 8, 2025 New Listing Added $749,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$407

Tax History

Year Taxes Assessment
2025 $7,998 $706,500

Financial Details

Annual Property Tax
$7,998
Tax Year 2025
Assessed Value
$706,500

Listing Information

Listing Agent Kristin Gennetti
Listing Office Century 21 North East
Agent MLS ID H8000364
Office MLS ID AN5111

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