NOT LISTED FOR SALE

385 Salem St Unit 387 Malden, MA 02148

North Faulkner Neighborhood

Estimated Value: $850,392

6 Beds
2 Baths
6,055 Sq Ft
$140/Sq Ft Est. Value

About This Home

This home is located at 385 Salem St Unit 387, Malden, MA 02148 and is currently estimated at $850,392, approximately $140 per square foot. 385 Salem St Unit 387 is a home located in Middlesex County with nearby schools including Malden High School, Cheverus Catholic School, and Malden Catholic.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Chen Qing L
Bought by
385-387 Main Street Llc
Current Estimated Value
$850,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$1,150,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$299,608

Purchase Details

Closed on
Dec 28, 1999
Sold by
Php Rt and Blumsack
Bought by
Zhu Shi S and Zhu Yong C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
385-387 Main Street Llc $1,000,000 --
Zhu Shi S $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 385-387 Main Street Llc $1,150,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $0 $1,120,300 $248,900 $871,400
2024 -- $1,054,000 $234,300 $819,700
2023 $0 $950,600 $212,300 $738,300
2022 $0 $909,200 $194,000 $715,200
2021 $0 $898,200 $183,000 $715,200
2020 $12,628 $854,200 $184,500 $669,700
2019 $12,449 $784,200 $175,700 $608,500
2018 $0 $723,600 $148,300 $575,300
2017 -- $674,500 $139,100 $535,400
2016 -- $580,700 $131,800 $448,900
2015 -- $532,500 $116,800 $415,700
2014 -- $492,000 $106,200 $385,800
Source: Public Records

Map

Massachusetts Middlesex County Malden 02148 North Faulkner

385 Salem St Unit 387, Malden, MA

This home is located at 385 Salem St Unit 387, Malden, MA 02148 and is currently estimated at $850,392, approximately $140 per square foot. 385 Salem St Unit 387 is a home located in Middlesex County with nearby schools including Malden High School, Cheverus Catholic School, and Malden Catholic.

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