
557 Salem St Unit 5 Malden, MA 02148
Maplewood NeighborhoodHighlights
- 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
- 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
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.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 | |
Deed | $550,000 | None Available | |
Not Resolvable | $450,000 | None Available | |
Not Resolvable | $325,000 | -- | |
Deed | $319,900 | -- | |
Deed | $319,900 | -- | |
Deed | $230,000 | -- |
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 |
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 |
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 | $59 | $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 |
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Cheng Liang
Blue Ocean Realty, LLC
1 in this area
37 Total Sales
-
Seller's Agent in 2025
Michael Lord
Capital Realty Group
(508) 395-8333
1 in this area
38 Total Sales
-
A
Buyer's Agent in 2025
Ashley Freudenthal
D & R Realty
(508) 904-2499
1 Total Sale
-
D
Seller's Agent in 2021
Dottie Morgan
Morris Real Estate
-
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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