494 Salem St Malden, MA 02148
North Faulkner NeighborhoodEstimated payment $4,105/month
Highlights
- Medical Services
- Colonial Architecture
- Wooded Lot
- Open Floorplan
- Property is near public transit
- 3-minute walk to Roosevelt Park
About This Home
Nestled up off the street, this residence presents an attractive opportunity to own a home with historic charm and modern comforts. The property is in great condition, and ready to welcome you. As you enter, you will be welcomed by a flexible floor plan with large rooms and easy space for entertaining. Imagine preparing meals in a kitchen where culinary creativity meets elegant design, highlighted by stone countertops and a wall chimney range hood that adds a touch of sophistication. The living room is enhanced with crown molding, creating an atmosphere of refined relaxation and providing a beautiful space to unwind or entertain. The bathrooms offer a refreshing experience, featuring tiled showers that transform everyday routines into moments of spa-like indulgence. This home includes 4 bedrooms and 2 full baths spread across 1651 square feet of living area, providing ample space. Additionally, the property offers a one-car garage, a patio for outdoor enjoyment, and a shed for storage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,298
Year Built
- Built in 1870
Lot Details
- 7,122 Sq Ft Lot
- Stone Wall
- Sloped Lot
- Wooded Lot
- Property is zoned ResA
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Colonial Architecture
- Brick Foundation
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,651 Sq Ft Home
- Open Floorplan
- Recessed Lighting
- Decorative Lighting
- Insulated Windows
- French Doors
- Sliding Doors
- Insulated Doors
- Dining Room with Fireplace
- Sun or Florida Room
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Dual Closets
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Enclosed Patio or Porch
- Outdoor Storage
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:116 B:715 L:540,599412
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $63 | $556,400 | $275,200 | $281,200 |
| 2024 | $5,942 | $508,300 | $259,000 | $249,300 |
| 2023 | $5,834 | $478,600 | $234,700 | $243,900 |
| 2022 | $5,580 | $451,800 | $214,500 | $237,300 |
| 2021 | $5,324 | $433,200 | $202,400 | $230,800 |
| 2020 | $5,309 | $419,700 | $204,000 | $215,700 |
| 2019 | $5,088 | $383,400 | $194,300 | $189,100 |
| 2018 | $4,868 | $345,500 | $163,900 | $181,600 |
| 2017 | $4,629 | $326,700 | $153,800 | $172,900 |
| 2016 | $4,375 | $288,600 | $145,700 | $142,900 |
| 2015 | $4,134 | $262,800 | $129,100 | $133,700 |
| 2014 | $3,969 | $246,500 | $117,400 | $129,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | Price Changed | $679,900 | -2.9% | $412 / Sq Ft |
| 10/16/2025 10/16/25 | For Sale | $699,900 | 0.0% | $424 / Sq Ft |
| 10/07/2025 10/07/25 | Pending | -- | -- | -- |
| 08/15/2025 08/15/25 | Price Changed | $699,900 | -4.1% | $424 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $729,900 | -- | $442 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $243,000 | -- | |
| Deed | $125,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $110,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $218,700 | Purchase Money Mortgage | |
| Previous Owner | $127,500 | Purchase Money Mortgage | |
| Previous Owner | $20,000 | No Value Available | |
| Previous Owner | $86,800 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73404838
APN: MALD-000116-000715-000540
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