C
Seller's Agent in 2025
Cheng Liang
Blue Ocean Realty, LLC
1 in this area
43 Total Sales
SOLD MAY 30, 2025
RENTED JUN 14, 2025
557 Salem St Unit 5 Malden, MA 02148
Maplewood Neighborhood
2
Beds
1.5
Baths
970
Sq Ft
$275/mo
HOA Fee
Highlights
- No Units Above
- Wood Flooring
- Patio
- Property is near public transit
- Jogging Path
- 2-minute walk to Roosevelt Park
About This Home
As of May 2025OPEN 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,912
Year Built
- Built in 1952
HOA Fees
- $275 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Frame Construction
- Shingle Roof
Interior Spaces
- 970 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Basement
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Patio
- No Units Above
Listing and Financial Details
- Assessor Parcel Number 4271501
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 6 Units
- Mid-Rise Condominium
Amenities
- Common Area
- Shops
Recreation
- Jogging Path
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2025
Closed on
May 29, 2025
Sold by
Lam Brenda
Bought by
Xu Hui and Zhang Zhongli
Seller's Agent
Cheng Liang
Blue Ocean Realty, LLC
Buyer's Agent
Ashley Freudenthal
D & R Realty
Sold Price
$2,600
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,263
Avg. Annual Appreciation
-12.05%
Purchase Details
Listed on
May 5, 2021
Closed on
Jun 18, 2021
Sold by
Morgan Thomas and Morgan Jihye
Bought by
Lam Brenda
Seller's Agent
Dorothy Morgan
Morris Real Estate
Buyer's Agent
Eman Mok
Cornerstone Real Estate Brokerage
List Price
$400,000
Sold Price
$450,000
Premium/Discount to List
$50,000
12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 26, 2017
Sold by
Dodge Michael and Dodge Deanna
Bought by
Morgan Thomas and Morgan Jihye
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2005
Sold by
Reddy Mamata
Bought by
Barnes Deanna and Dodge Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,910
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2002
Sold by
Commercial Const Svcs
Bought by
Reddy Mamata
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.08%
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 | $550,000 | None Available | |
| Not Resolvable | $450,000 | None Available | |
| Not Resolvable | $325,000 | -- | |
| Deed | $319,900 | -- | |
| Deed | $319,900 | -- | |
| Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $264,000 | No Value Available | |
| Previous Owner | $29,000 | No Value Available | |
| Previous Owner | $287,910 | Purchase Money Mortgage | |
| Previous Owner | $40,000 | No Value Available | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $184,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2025 06/14/25 | Rented | $2,600 | 0.0% | -- |
| 06/12/2025 06/12/25 | Under Contract | -- | -- | -- |
| 06/04/2025 06/04/25 | For Rent | $2,600 | 0.0% | -- |
| 05/30/2025 05/30/25 | Sold | $550,000 | +4.8% | $567 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $525,000 | +16.7% | $541 / Sq Ft |
| 06/18/2021 06/18/21 | Sold | $450,000 | +9.8% | $464 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 05/05/2021 05/05/21 | Price Changed | $410,000 | +2.5% | $423 / Sq Ft |
| 05/05/2021 05/05/21 | For Sale | $400,000 | -- | $412 / 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 | $5,912 | $522,300 | $0 | $522,300 |
| 2024 | $5,636 | $482,100 | $0 | $482,100 |
| 2023 | $5,670 | $465,100 | $0 | $465,100 |
| 2022 | $5,448 | $441,100 | $0 | $441,100 |
| 2021 | $4,596 | $374,000 | $0 | $374,000 |
| 2020 | $4,545 | $359,300 | $0 | $359,300 |
| 2019 | $4,319 | $325,500 | $0 | $325,500 |
| 2018 | $4,490 | $318,700 | $0 | $318,700 |
| 2017 | $3,618 | $255,300 | $0 | $255,300 |
| 2016 | $3,646 | $240,500 | $0 | $240,500 |
| 2015 | $3,520 | $223,800 | $0 | $223,800 |
| 2014 | $3,603 | $223,800 | $0 | $223,800 |
Source: Public Records
Agents Affiliated with this Home
-
Cheng Liang
-
Michael Lord
Seller's Agent in 2025
Michael Lord
Capital Realty Group
(508) 395-8333
1 in this area
42 Total Sales
-
Ashley Freudenthal
A
Buyer's Agent in 2025
Ashley Freudenthal
D & R Realty
(508) 904-2499
1 Total Sale
-
D
Seller's Agent in 2021
Dorothy Morgan
Morris Real Estate
-
Eman Mok
E
Buyer's Agent in 2021
Eman Mok
Cornerstone Real Estate Brokerage
1 in this area
6 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73359710
APN: MALD-000129-000651-010205
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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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