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87 Cedar # 3, Malden MA 02148

Malden, MA 02148
$247,500
Est. $1,924/month
1
Beds
1
Baths
418
Sq Ft
$592
Price/Sq Ft
1969
Year Built
Condominium
Type
8
Days on Market
Closed Listed Apr 16, 2024 • MLS# 73224505 Copied!

About this home

Looking for a cute 1 bedroom condo, close to the train and in walking distance to the fabulous Malden Center. This is the Condo for you. It needs a little TLC but, bring your ideas to life and put your own finishing touches on this condo. Why rent? Off-street parking and located in Malden's Prestigious West End.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1969
Bedrooms
1
Full Bathrooms
1
Living Area
418 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $249,900
Final Sale Price: $247,500
Difference: $2,400 (-1.0%)
Performance Metrics
99.0%
List to Sale Ratio
Sold below asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $598
Sale $/sq ft: $592
This property sold for $592 per square foot
Sale Summary

This property sold for 1.0% below the original asking price.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$592/sq ft
Area Average
$307/sq ft
Difference
+92.6%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1969
Living Area 418 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric
Cooling Window Unit(s)
Flooring Carpet
Appliances Range, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded
Total Spaces 1

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $2,662
Assessed Value $227,700

Interior Features

Flooring: Carpet
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1969
Structure Type: Garden
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 1
Cooling: Window Unit(s)
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: Deeded

Location

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Neighborhood

87 Cedar # 3, Malden MA 02148

Malden, MA 02148

Walkability

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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
E

Elementary Schools

8 schools
B-
Beebe School
0.3 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
Cheverus Elementary School
0.6 mi
Grades PK-08
B
Ferryway School
1.0 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
D
Salemwood School
1.3 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
B-
Forestdale School
1.4 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
A
Mystic Valley Regional Charter School
1.7 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-
Linden School
2.2 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
0.7 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.6 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
Malden Catholic High School
1.5 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $222
Homeowners Insurance $200
HOA Fee $251/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1%
Price Range
13
Total Days on Market

Property Timeline

✓
Sold
Jun 5, 2024
$247,500
Property sold
Days on Market: 13
🏠
Listed for Sale
Apr 16, 2024
$249,900
Original listing
Office: Trinity Real Estate

Price & Status History

Date Event Price Change
Apr 16, 2024 New Listing Added $249,900 —

Market Statistics

Days on Market
8 days
Price per Sq Ft
$592

Tax History

Year Taxes Assessment
2024 $2,662 $227,700

Financial Details

Annual Property Tax
$2,662
Tax Year 2024
HOA Fee
$251
Monthly
Assessed Value
$227,700

Listing Information

Listing Agent Michelle Luong
Listing Office Trinity Real Estate
Agent MLS ID CT002642
Office MLS ID AN6934
Listing Data Updated Jun 7, 2024 3:31 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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Market Analytics for Malden, MA

Real-time market trends and pricing data for this area

87 Cedar # 3, Malden MA 02148 - Photo 1 87 Cedar # 3, Malden MA 02148 - Photo 2 87 Cedar # 3, Malden MA 02148 - Photo 3 87 Cedar # 3, Malden MA 02148 - Photo 4 87 Cedar # 3, Malden MA 02148 - Photo 5
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