Seller's Agent in 2025
Emilia Chen
LPT Realty, LLC
(646) 898-6872
1 in this area
20 Total Sales
244 Salem St Unit 7 Malden, MA 02148
North Faulkner Neighborhood
2
Beds
1
Bath
726
Sq Ft
$340/mo
HOA Fee
Highlights
- Medical Services
- Wood Flooring
- Balcony
- Property is near public transit
- Jogging Path
- Intercom
About This Home
As of January 2025Price drop!!! Location! Located just a short walk to downtown Malden and the Orange Line's Malden Station, you’ll have easy access to restaurants, shops, and the Northern Strand Community Trail for outdoor activities. The unit features an open-concept living area with beautiful hardwood floors and a well-appointed kitchen with solid wood cabinets and plenty of shelving, ideal for storage and organization.Both bedrooms are good sized with ample closet space and hardwood flooring throughout. The private balcony, tucked away from street traffic, is a great spot for enjoying your morning coffee or relaxing in the evening. The full bath is light and bright, ready to meet your needs.Additional features include coin-operated laundry and a private locked storage space on the lower level. The unit comes with two assigned parking spaces, plus extra guest parking and on-street parking options available. Take advantage of Malden’s residential exemption for potential savings!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,070
Year Built
- Built in 1965
HOA Fees
- $340 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 726 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Intercom
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Parking Spaces
- Assigned Parking
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Hot Water Heating System
Additional Features
- Balcony
- Two or More Common Walls
- Property is near public transit
Listing and Financial Details
- Legal Lot and Block 81907 / 708
- Assessor Parcel Number M:093 B:708 L:81907,4499027
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 23 Units
- Mid-Rise Condominium
- Royal Crest Condominium Community
Amenities
- Medical Services
- Shops
- Coin Laundry
- Community Storage Space
Recreation
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2004
Sold by
Royalcrest Rt and Giannelli Paul M
Bought by
Zheng Lan Feng
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Outstanding Balance
$74,669
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$370,150
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 | $219,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $149,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2025 01/23/25 | Sold | $430,000 | 0.0% | $592 / Sq Ft |
| 12/23/2024 12/23/24 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | Price Changed | $430,000 | -2.3% | $592 / Sq Ft |
| 10/01/2024 10/01/24 | Price Changed | $440,000 | -2.2% | $606 / Sq Ft |
| 09/23/2024 09/23/24 | For Sale | $450,000 | -- | $620 / Sq Ft |
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 | $4,608 | $407,100 | $0 | $407,100 |
| 2024 | $4,070 | $348,200 | $0 | $348,200 |
| 2023 | $3,506 | $287,600 | $0 | $287,600 |
| 2022 | $3,607 | $292,100 | $0 | $292,100 |
| 2021 | $3,492 | $284,100 | $0 | $284,100 |
| 2020 | $3,682 | $291,100 | $0 | $291,100 |
| 2019 | $3,469 | $261,400 | $0 | $261,400 |
| 2018 | $2,924 | $207,500 | $0 | $207,500 |
| 2017 | $2,514 | $177,400 | $0 | $177,400 |
| 2016 | $2,559 | $168,800 | $0 | $168,800 |
| 2015 | $2,759 | $175,400 | $0 | $175,400 |
| 2014 | $2,623 | $162,900 | $0 | $162,900 |
Source: Public Records
Agents Affiliated with this Home
-
Emilia Chen
-
Marhaba Khalil
Buyer's Agent in 2025
Marhaba Khalil
Fathom Realty MA
(508) 642-7252
1 in this area
29 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73293594
APN: MALD-000093-000708-081907
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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