For sale

Price cut: $27.6K (6/26)

$636,439

118 Elwell St, Malden, MA 02148

3beds

1,456sqft

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Single Family Residence

Built in 1962

7,200 Square Feet Lot

$688,300 Zestimate^®

$437/sqft

$-- HOA

What's special

Classic cape codTimeless curb appealThree bedroomsVersatile floor planExpansive lot

A classic Cape Cod nestled in a sought-after Malden neighborhood; 118 Elwell Street offers the perfect canvas for buyers and investors looking to customize and build long-term equity. This 1962-built home features 1,456 sq ft of living space with three bedrooms and 1.5 bathrooms, all set on a generous 7,200 sq ft lot. Solid construction, timeless curb appeal, and a versatile floor plan provide an exceptional foundation — whether you're looking to make it your own or seeking your next investment project. The expansive lot offers endless potential for landscaping, entertaining, or future expansion. For added peace of mind, the property is covered by a 13-month AHS Home Warranty, giving the new owner confidence and protection from day one. Bonus for owner-occupants: taxes are shown at the full rate — qualified applicants may currently reduce their annual bill by $3,361.34 with the residential exemption. Schedule your private showing today and start imagining the possibilities.

77 days

1,042

21

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Level: First

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Bathroom 1

Level: First

Bathroom 2

Level: Second

Dining room

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Central, Baseboard, Oil

Cooling

None

Appliances

Included: Water Heater, Tankless Water Heater, Range
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Finish - Cement Plaster, Finish - Sheetrock
Flooring: Tile, Vinyl, Carpet
Doors: Storm Door(s)
Windows: Insulated Windows
Basement: Full,Walk-Out Access,Interior Entry
Number of fireplaces: 1

Interior area

Total structure area: 1,456
Total interior livable area: 1,456 sqft
Finished area above ground: 1,456

Property

Parking

Total spaces: 2
Parking features: Paved Drive, Off Street, Driveway
Uncovered spaces: 2

Features

Patio & porch: Porch
Exterior features: Porch, Rain Gutters, Fenced Yard
Fencing: Fenced/Enclosed,Fenced
Frontage length: 60.00

Lot

Size: 7,200 Square Feet

Details

Parcel number: 158 628 853,601799
Zoning: Res A

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape
Property subtype: Single Family Residence

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1962

Details

Warranty included: Yes

Utilities & green energy

Electric: 220 Volts, Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Highway Access, Private School, Public School
Subdivision: Maplewood Highlands

HOA

Has HOA: No

Location

Region: Malden

Financial & listing details

Price per square foot: $437/sqft
Tax assessed value: $654,100
Annual tax amount: $7,037
Date on market: 4/24/2026
Road surface type: Paved

Estimated market value

$688,300

$633,000 - $743,000

$3,861/mo

Price history

Date	Event	Price
6/26/2026	Price change	$636,439-4.2%$437/sqft
Source: MLS PIN #73503629 Report a problem
4/24/2026	Listed for sale	$664,000+66399900%$456/sqft
Source: MLS PIN #73503629 Report a problem
5/21/2002	Sold	$1
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,988 +4.6%	$617,300 +8%
2024	$6,680 +3.5%	$571,400 +8%
2023	$6,452 +4.7%	$529,300 +6%
2022	$6,165 +4.9%	$499,200 +4.4%
2021	$5,877 +4.9%	$478,200 +7.9%
2020	$5,605 +5.8%	$443,100 +10.9%
2019	$5,300 +1.9%	$399,400 +8.2%
2018	$5,201 +2.4%	$369,100 +3%
2017	$5,079 +3.1%	$358,400 +10.3%
2016	$4,925 +2.5%	$324,900 +6.4%
2015	$4,804 +4.3%	$305,400 +6.7%
2014	$4,608 +2.7%	$286,200 +1.3%
2013	$4,488 +10.8%	$282,600
2012	$4,050 +3.1%	$282,600 -2.3%
2011	$3,929 +4.9%	$289,300 -4.3%
2010	$3,744 +9.9%	$302,200 -12.1%
2009	$3,406 +5%	$343,700 -4.3%
2008	$3,245 +6.6%	$359,000 -2.7%
2007	$3,044 +1%	$369,000 +0.5%
2006	$3,013 +4.8%	$367,000 +10.9%
2005	$2,876 +3%	$330,900 +5.6%
2004	$2,792 +3.7%	$313,400 +63.7%
2003	$2,692 +3.8%	$191,500
2002	$2,593 +4.6%	$191,500 +34.7%
2000	$2,479 +3.5%	$142,200
1999	$2,396	$142,200

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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