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55 Cherry St, Malden, MA, 02148

$549,000

Home List Price

$6,519*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
924 SqFt
$594/SqFt
House

Location

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55 Cherry St, Malden$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Paved Drive, Off Street, Paved
Garage1 space
Year Built1920
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #73312556
Lot Size0.08 Acres
StatusActive
(New)

About 55 Cherry St

Cute-as-a-button 2-bedroom cottage in Malden’s sought-after Forestdale neighborhood—the Melrose alternative for savvy buyers seeking more value for their investment. This delightful home features an open, airy layout with hardwood floors throughout and central A/C! The sun splashed, spacious, eat-in kitchen flows effortlessly into the living areas, perfect for entertaining or relaxing. Plenty of basement storage, a cute backyard with a sprinkler system, and a one-car garage round out this lovely package. Note: one bedroom is sans closet—let’s call it “minimalist.” Washer and dryer are gifts to the buyer. Ideal condo alternative in a fantastic location—don’t miss this one!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1920
  • Living Area: 924 SqFt

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Office Phone: (781) 979-0100
  • Listing Agent: The Bill Butler Group

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Dishwasher, Microwave, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Tile, Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters, Sprinkler System

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Lebanon to Cherry St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $594/SqFt

Tax Information:

  • Annual Amount: $4,813
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malden, MA.

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Malden, MA

City

Med. Sold Price

$695.2K

Med. Price/SqFt

$423

Avg. Days On Market

27

# of Sold Homes

26

55 Cherry St vs Malden

2 DAYS ON ROCKET

-25 Days

$549,000

-$146.2K Less

$594/SqFt

+$171 More

KEY TAKEAWAY

This property is $146.2K less than the Median Sold Price and $171/SqFt more than other homes in Malden, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73312556

Listing Office:

  • Office Name: Leading Edge Real Estate
  • Office Phone: (781) 979-0100
  • Listing Agent: The Bill Butler Group

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 01, 2007Home Sold
$273,000
Sep 25, 1996Home Sold
$128,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,813$391,600
2020$4,473$353,600
2019$4,371$329,400
2018$4,185$297,000
2017$4,104$289,600

History based on county public records data.

Payment Calculator

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-417862
8
/10

  • Hoover Elementary School

  • 37 Glendower Rd

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-417863
9
/10

  • Winthrop Elementary School

  • 162 1st St

  • 1.42 miles

  • Public District Grades KG-5

school-card-donut-417864
7
/10

  • Lincoln Elementary School

  • 80 W Wyoming Ave

  • 1.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,394. The majority of Malden, MA residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Cherry St

What is the listing price of this property?

The listing price of 55 Cherry St property is $549,000.

What type of property is this?

The property 55 Cherry St is a house located in Malden, Massachusetts, 02148.

Is this property for sale now?

Active Listing: 55 Cherry St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,813 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 1, 2007 for $273,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 55 Cherry St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 55 Cherry St is 924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Cherry St is 1920.

Rocket Homes›Massachusetts›Middlesex County›Malden›02148›55 Cherry St

This home is located at 55 Cherry St in Malden, MA and zip code 02148. This 924 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $549,000.

While more than 12 listings in Malden, MA in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 10 were sold below. Between September 2024 and October 2024, Malden, MA real estate market has seen increase in the number of listings by 14.3%. Listings spent 27 days on the market in October 2024, and had a median list price of $695,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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