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Sold for $550,000
  • $550,000

    557 Salem St APT 5, Malden, MA 02148

    2beds
    970sqft
    Condominium
    Built in 1952
    -- sqft lot
    $547,300 Zestimate®
    $567/sqft
    $2,834 Estimated rent

    Home value

    $547,300

    $504,000 - $597,000

    $2,834/mo

    Zestimate® history
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    What's special

    OPEN HOUSE CANCELLED - OFFER ACCEPTED **** This bright and sunny, top floor, 2 bedroom loft style penthouse features an open concept design with central air conditioning and plenty of natural light flowing through the large windows. Beautiful and modern kitchen with maple cabinets, newer high end stainless steel kitchen appliances are included, 2 tiered granite countertops, hardwood and ceramic flooring throughout. Just off the living room is the 2nd bath where you'll find your newer washer and dryer (also included). The primary bedroom has a large walk-in closet. No need to leave your car on the street, there is one deeded spot to park your car and 2 off street visitor parking spots for the guests of the complex. If you are in need of extra storage, you have a designated enclosed spot in the basement. All this in an ideal location, close to local shops, restaurants, schools and everything Malden and the surrounding communities have to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Lord 508-395-8333,

    Capital Realty Group 508-395-8333

    Bought with:

    Cheng Liang

    Blue Ocean Realty, LLC

    Source: MLS PIN,MLS#: 73359710

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
    • Laundry: In Unit
    Features
    • Flooring: Wood, Tile
    • Windows: Insulated Windows
    • Has basement: Yes
    • Has fireplace: No
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 970
    • Total interior livable area: 970 sqft
    • Finished area above ground: 970

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Paved
    • Uncovered spaces: 1
    Features
    • Patio & porch: Patio
    • Exterior features: Patio
    Details
    • Parcel number: 4271501
    • Zoning: ResA

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Shingle
    Condition
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Walk/Jog Trails, T-Station, University
    Location
    • Region: Malden

    HOA & financial

    HOA
    • HOA fee: $275 monthly
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

    Other

    Other facts
    • Listing terms: Contract

    Price history

    DateEventPrice
    6/12/2025Listing removed$2,600$3/sqft
    Source: MLS PIN #73385830 Report a problem
    6/5/2025Listed for rent$2,600-3.7%$3/sqft
    Source: MLS PIN #73385830 Report a problem
    6/5/2025Listing removed$2,700$3/sqft
    Source: Zillow Rentals Report a problem
    6/2/2025Price change$2,700-3.6%$3/sqft
    Source: Zillow Rentals Report a problem
    5/30/2025Sold$550,000+4.8%$567/sqft
    Source: MLS PIN #73359710 Report a problem
    5/26/2025Listed for rent$2,800$3/sqft
    Source: Zillow Rentals Report a problem
    4/19/2025Contingent$525,000$541/sqft
    Source: MLS PIN #73359710 Report a problem
    4/15/2025Listed for sale$525,000+16.7%$541/sqft
    Source: MLS PIN #73359710 Report a problem
    6/18/2021Sold$450,000+9.8%$464/sqft
    Source: Public Record Report a problem
    5/10/2021Pending sale$410,000$423/sqft
    Source: MLS PIN #72826222 Report a problem
    5/5/2021Listed for sale$410,000+26.2%$423/sqft
    Source: MLS PIN #72826222 Report a problem
    5/26/2017Sold$325,000$335/sqft
    Source: Public Record Report a problem
    4/5/2017Pending sale$325,000$335/sqft
    Source: Bean Group #72138626 Report a problem
    3/31/2017Listed for sale$325,000+1.6%$335/sqft
    Source: Bean Group #72138626 Report a problem
    5/27/2005Sold$319,900+39.1%$330/sqft
    Source: Public Record Report a problem
    2/21/2002Sold$230,000$237/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,912 +4.9%$522,300 +8.3%
    2024$5,636 -0.6%$482,100 +3.7%
    2023$5,670 +4.1%$465,100 +5.4%
    2022$5,448 +18.5%$441,100 +17.9%
    2021$4,596 +1.1%$374,000 +4.1%
    2020$4,545 +5.2%$359,300 +10.4%
    2019$4,319 -3.8%$325,500 +2.1%
    2018$4,490 +24.1%$318,700 +24.8%
    2017$3,618 -0.8%$255,300 +6.2%
    2016$3,646 +3.6%$240,500 +7.5%
    2015$3,520 -2.3%$223,800
    2014$3,603 +1.4%$223,800
    2013$3,554 +10.8%$223,800
    2012$3,207 +5.5%$223,800
    2011$3,039 +6.1%$223,800 -3.2%
    2010$2,865 +11%$231,200 -11.2%
    2009$2,580 +9.4%$260,300 -0.3%
    2008$2,359 -8.3%$261,000 -16.3%
    2007$2,572 $311,700

    Find assessor info on the county website

    Neighborhood: Maplewood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $547,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $547,300