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Back 5/557 Salem St
Off Market

5/557 Salem St

Malden MA 02148

2
2
1
970 sq. ft.
Condo
Last sold for $550,000
Michael LordMichael Lord, last sold this property on 30 May 2025 after 45 days on market.

Overview

OPEN 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.

Features

2 bedrooms
2 bathrooms
1 carspace
970 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Malden over the last 12 months, the estimated median property value of 5/557 Salem St is $460k.

Median value
$460k
Estimated value range
$272.63k - $635k
Median days on market
25
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Malden. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/557 Salem St

2025
Rented
Undisclosed
14 Jun 2025 by Blue Ocean Realty, LLC
2025
Sold
$550,000
30 May 2025 by Michael Lord, of Capital Realty Group
2021
Sold
$450,000
18 Jun 2021 by Dorothy Morgan, of Morris Real Estate

Happy sellers in Malden

85%
85% of sellers in Malden reported that their sale price either exceeded or met their price expectations.

Malden stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Malden over the last 12 months.

Local market activity for 2 bedroom condos in Malden

In the last 12 months, 34 two-bedroom condos similar to 5/557 Salem St, have been sold.

This represents a 50% increase in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Malden

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Charlie Fang

Sellers who recommend Charlie Fang have praised them for being local expert, reliable, and responsive

  •   5   (41 reviews)
  •  4 Reviews in Malden
  •  7 Sales in Malden
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Bonnie Lai

Sellers who recommend Bonnie Lai have praised them for being local expert, responsive, clear communication, supportive, reliable, well-prepared, and friendly

  •   5   (124 reviews)
  •  4 Reviews in Malden
  •  1 Sale in Malden
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Alexander Zedros

Alexander Zedros is a recommended agent for Malden.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in Malden
  •  2 Sales in Malden
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Nicole Jacobs

Nicole Jacobs is a recommended agent for Malden.  They have collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Malden
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