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557 Salem St # 3, Malden MA 02148

Malden, MA 02148
$490,000
2
Beds
1.5
Baths
973
Sq Ft
$504
Price/Sq Ft
1951
Year Built
1
Parking
23
Days on Market
Closed Listed Feb 23, 2026 • MLS# 73479442 Copied! • Updated Apr 30, 2026

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 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$504/sq ft
Area Average
$3/sq ft
Difference
+17,240.4%

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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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

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
Features Off Street, Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
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
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.
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
For Sale
Year Built
1951
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
973 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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 information not available for this location.

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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