557 Salem St # 3, Malden MA 02148
Malden, MA 02148
$490,000
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Sale Statistics
Sale Overview
Original List Price:
$515,000
Final Sale Price:
$490,000
Difference:
$25,000 (-4.9%)
Performance Metrics
95.1%
List to Sale Ratio
Sold below asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$529
Sale $/sq ft:
$504
This property sold for $504 per square foot
Sale Summary
This property sold for 4.9% below the original asking price.
With only 23 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
$504/sq ft
Area Median
$420/sq ft
Difference
+20.0%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
Welcome home to this beautiful and modern 2-bedroom, 1.5-bath condo designed with an open-concept layout, this home features high ceilings and central air conditioning for year-round comfort. The contemporary kitchen is a standout, complete with stainless steel appliances, two-tiered granite countertops, and a spacious island that seamlessly connects the kitchen and living areas—perfect for entertaining or everyday living.Just off the living room, you’ll find a convenient half bath that includes an in-unit washer and dryer. Both bedrooms are generously sized, with the primary bedroom boasting a large walk-in closet for ample storage.Additional highlights include: One deeded parking space, three off-street visitor parking spots, designated enclosed storage unit in the basement, and small HOA with a low monthly fee. Ideally situated near local shops, restaurants, schools, and everything Malden and the surrounding communities have to offer. Open House Saturday 3/7 12-1pm.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
34%
Price Range
1
Previous Sales
Property Timeline
Status: Active under contract
Mar 6, 2026
Active → Active Under Contract
Pending Sale
Mar 6, 2026
Offer accepted, sale pending
Listed for Sale
Feb 23, 2026
$515,000
Original listing
Agent: Camila Dinamarca
Office: Cambridge Realty Group, Inc.
Previous Transaction - MLS #72187616
Full transaction history available when tracking began
Previously Sold
Aug 24, 2017
$340,000
MLS #72187616
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/06/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/06/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 02/23/2026 | 🏠 Listed for Sale | $515,000 | - | - | Original listing |
| 08/24/2017 | 🏷️ Previously Sold | $340,000 | - | - | MLS #72187616 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $2,278 | $437,900 |
Financial Details
Annual Property Tax
$2,278
Tax Year 2025
HOA Fee
$300
Monthly
Assessed Value
$437,900
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1951
Living Area
973 sq ft
Bedrooms
2
Full Baths
1
Half Baths
1
Total Rooms
5
Interior
Heating
Forced Air
Cooling
Central Air
Flooring
None
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
In Unit
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street, Deeded
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$2,278
Assessed Value
$437,900
HOA & Community
HOA Fee
$300 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
3
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Property To Be Sold As Is. Buyers/agents To Due Their Due Diligence. Neither Listing Agent Nor Sellers Are Responsible For Full Accuracy Of Property Info.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
3
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Floor Plans, Association Financial Statements, Certificate Of Insurance (6)
County
Middlesex
Total market time (incl. prior listings)
24 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1951
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
973 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
973 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement:
Y
Laundry:
In Unit
Security:
Construction & Materials
Year Built:
1951
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Off Street, Deeded
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
Elementary Schools
3 schools
D
Salemwood School
0.1 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
A
Mystic Valley Regional Charter School
0.3 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-
Forestdale School
0.6 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
Middle Schools
1 school
C
Susan B. Anthony Middle School
1.7 mi
|
#260 of 352
|
Score: 35.7
Improved 6 spots from last year
-22.5 below state avg
545 students
Diverse
Grades 06-08
High Schools
3 schools
Malden Catholic High School
0.4 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
0.9 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
C+
Everett High School
1.3 mi
|
#233 of 346
|
Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students
Diverse
17 sports
• 1,298 athletes
Rising School
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
557 Salem St # 3, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Camila Dinamarca
Listing Office
Cambridge Realty Group, Inc.
Office Phone
617-661-6600
Agent MLS ID
CN226194
Office MLS ID
AC1762
Listing Data Updated
Apr 30, 2026 5:09 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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