See Home Value
$585,000
House - Off Market

1029 Salem St.

Malden, MA 02148
bedrooms
3 Beds
bathrooms
1 Bath
$496,387
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to this well maintained 3-bedroom, 1-bathroom house that has been in the same family for 53 years. With convenient access to public transportation just steps away. This makes commuting a breeze and opens up endless possibilities for traveling to the surrounding areas. Several updates have been made throughout, including the electrical system (2022), new American Standard S9V2 furnace (2020), new appliances (2023), plumbing (2022), flooring (2023) and much more (see attached FAQ). These modern touches not only enhance the functionality of the home but also provide peace of mind for the new owner. Don't miss out on this excellent location. Showings begin at Saturdays open house. ALL OFFERS, IF ANY, DUE MONDAY JUNE 26TH BY 5:00PM.  Seller reserves the right to accept an offer at anytime.
Unit Size
-
Days on Market
47 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1945
Last updated: 10 months ago (MLSPIN #73128403)

Price History

Date / Event Date Event Price
Aug 8, 2023 Sold to Huaibing Li, Runfa Gao $585,000
Sold to Huaibing Li, Runfa Gao
Jun 29, 2023 In contract -
In contract
Jun 22, 2023 Listed by Century 21 North East $500,000
Listed by Century 21 North East

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 800
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 1,200
  • Gross Building Area: 2,472
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LI HUAIBING
  • Current Owner 2: GAO RUNFA
  • Previous Owner : MOTZI FT
  • Previous Owner 2: PREBLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Venture

Neighborhood

  • School District Name: Malden School District
  • School Tax School District: MALDEN SD
  • Census Tract: 341904

Zoning

  • Zoning: RESA

Geography

  • Parcel: MALD M:155 B:505 L:512
  • Block: 505
  • Lot: 512
  • Municipality: MALDEN
  • Latitude: 42.4344
  • Longitude: -71.0358

    Address

  • Full Address: 1029 Salem St
  • Address - House Number: 1029
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: MA
  • City Name: Malden
  • Carrier Code: C008
  • 4-Digit Zip Code: 4515
  • Zip Code: 02148

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,105

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 615,124
  • High Value: 715,140
  • Low Value: 515,107

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 08, 2023
  • First Open Lien Mortgage Loan Amount: $435,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 08, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,200
  • Assessed Land Value: $277,100
  • Assessed Improvements Value: $245,100

    Sales

  • Current Sale Contract Date: Aug 08, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Transaction ID: 11911213546
  • Current Sale Price: $585,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 88750

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 08, 2023
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$485,000 Mar 12, 2019
$485,000 Jun 20, 2019
$452/mo
Multifamily
4 Beds
2 Baths
-
$449,000 Sep 30, 2004
$449,000 Nov 29, 2004
$295/mo
Multifamily
5 Beds
2 Baths
-
$527,000 Jan 13, 2016
$527,000 Mar 3, 2016
$530/mo
House
3 Beds
2 Baths
-
$599,900 Jun 21, 2023
-
$464/mo
House
2 Beds
2 Baths
-
$469,900 Jun 22, 2023
-
$522/mo
House
3 Beds
1 Bath
-
$474,900 Jul 5, 2023
-
$407/mo
House
1 Bed
2 Baths
-
$425,000 Jul 25, 2023
-
$439/mo

About Maplewood


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Frequently Asked Questions

When was property at 1029 Salem Street built and last sold?
The property at 1029 Salem Street was built in 1945 and last sold on Aug 8, 2023 for $585,000.
How much is this home worth?
The estimated value of the home located at 1029 Salem Street is $505,000.
What are some comparable homes to 1029 Salem Street?
Homes that are comparable to 1029 Salem Street include a house property at 29 Brentwood Street, 68 Hunting Street, 1021 Salem Street.

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