Seller's Agent in 2025
Anita Chen
Keller Williams Realty
(617) 221-9928
2 in this area
36 Total Sales
240 Ferry St Unit 1 Malden, MA 02148
Suffolk Square Neighborhood
2
Beds
2
Baths
1,550
Sq Ft
$300/mo
HOA Fee
Highlights
- Property is near public transit
- Window Unit Cooling System
- Baseboard Heating
- 1 Fireplace
- Park
- 2-minute walk to Newman Park
About This Home
As of August 2025Welcome to 240 Ferry Street, Unit 1—a rare and spacious 2-bedroom, 2-bath condo offering over 1,500 square feet of beautifully maintained living space in a fully owner-occupied Victorian mansion with low condo fees. This elegant first-floor unit features high ceilings, oversized windows, a sun-filled living room, a large formal dining room, and a modern kitchen. The spacious primary suite includes a full en-suite bath, and a bonus finished room on the lower level is perfect for a home office, playroom, or gym. Enjoy the convenience of in-unit laundry, generous basement storage, and two side-by-side off-street parking spaces. Located just minutes from Malden Center, the Orange Line, restaurants, shops, and with easy access to Boston, this home blends historic charm with modern comfort in one of Malden’s most desirable neighborhoods.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,248
Year Built
- Built in 1880
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Garden Home
- Entry on the 1st floor
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
Utilities
- Window Unit Cooling System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 596795
Community Details
Overview
- Association fees include water, sewer, insurance, reserve funds
- 3 Units
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2025
Closed on
Aug 29, 2025
Sold by
He Melody Y
Bought by
Jacobs Ryan J and Chan Abby
Seller's Agent
Anita Chen
Keller Williams Realty
Buyer's Agent
Thomas Tomasian
Real Broker MA, LLC
List Price
$489,000
Sold Price
$565,000
Premium/Discount to List
$76,000
15.54%
Views
39
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-87.14%
Original Mortgage
$452,000
Outstanding Balance
$452,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$37,442
Purchase Details
Closed on
Dec 18, 2020
Sold by
Cao Yueji
Bought by
Yushen-He Melody
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2000
Sold by
Gove Marilyn
Bought by
Certel Kaan and Certel Sarah J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 23, 1997
Sold by
Bostwick Timothy J
Bought by
Gove Marily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,650
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $565,000 | -- | |
| Deed | $380,000 | None Available | |
| Quit Claim Deed | $380,000 | None Available | |
| Deed | $175,000 | -- | |
| Deed | $104,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $452,000 | New Conventional | |
| Previous Owner | $304,000 | Purchase Money Mortgage | |
| Previous Owner | $166,250 | Purchase Money Mortgage | |
| Previous Owner | $99,650 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $565,000 | +15.5% | $365 / Sq Ft |
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 07/15/2025 07/15/25 | For Sale | $489,000 | 0.0% | $315 / Sq Ft |
| 12/11/2014 12/11/14 | Rented | $1,850 | -14.0% | -- |
| 12/11/2014 12/11/14 | For Rent | $2,150 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $51 | $449,000 | $0 | $449,000 |
| 2024 | $4,593 | $392,900 | $0 | $392,900 |
| 2023 | $4,646 | $381,100 | $0 | $381,100 |
| 2022 | $4,721 | $382,300 | $0 | $382,300 |
| 2021 | $4,582 | $372,800 | $0 | $372,800 |
| 2020 | $4,415 | $349,000 | $0 | $349,000 |
| 2019 | $4,327 | $326,100 | $0 | $326,100 |
| 2018 | $4,355 | $309,100 | $0 | $309,100 |
| 2017 | $3,725 | $262,900 | $0 | $262,900 |
| 2016 | $3,919 | $258,500 | $0 | $258,500 |
| 2015 | $3,805 | $241,900 | $0 | $241,900 |
| 2014 | $3,069 | $190,600 | $0 | $190,600 |
Source: Public Records
Agents Affiliated with this Home
-
Anita Chen
-
Thomas Tomasian
Buyer's Agent in 2025
Thomas Tomasian
Real Broker MA, LLC
(617) 866-9900
1 in this area
148 Total Sales
-
Rose Hall
Seller's Agent in 2014
Rose Hall
Blue Ocean Realty, LLC
(857) 207-7579
3 in this area
342 Total Sales
-
Anna Mean
A
Buyer's Agent in 2014
Anna Mean
AC Realty
(781) 591-2256
1 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73404624
APN: MALD-000085-000408-008091
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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