87 Wallace St, Malden, MA 02148
Property image
Property image
OFF MARKET

$785,100

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,565 sqft

87 Wallace St, Malden, MA 02148

Forestdale
Est. Refi. Payment $4,718/mo*
Refinance Your Home
Currently Off Market - Sold Oct 26, 2018 for $540,000

Home Value

Trulia Estimate
$785K
Since last month
Decreased$18K (-2.3%)
Since last year
Increased$12K (+1.6%)
Since last sale
Increased$245K (+45.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +80% in the last 10 years
MonthEstimated value
2026
August 2026$785K
August 2026$785K
July 2026$803K
June 2026$807K
May 2026$814K
April 2026$808K
March 2026$799K
February 2026$769K
January 2026$752K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
231 Bainbridge St, Malden, MA
0.30
Single-Family Home
$585,000
09/09/25
3
1
1,588
77 Autumn St, Malden, MA
0.34
Single-Family Home
$510,000
09/12/25
3
1
1,156
124 Floral Ave, Malden, MA
0.36
Single-Family Home
$850,000
03/31/26
3
1
1,549
128 Mount Vernon St, Malden, MA
0.11
Single-Family Home
$675,000
04/15/26
3
2
1,250
921 Main St, Malden, MA
0.24
Single-Family Home
$685,000
11/07/25
3
1.5
1,490
20 Huntley St, Malden, MA
0.38
Single-Family Home
$546,000
03/11/26
2
1
1,534
85 Forest St, Malden, MA
0.12
Single-Family Home
$650,000
10/10/25
5
2
2,141
32 Johnson St, Malden, MA
0.45
Single-Family Home
$625,000
10/30/25
3
1.5
1,500
12 Ingleside Ave, Malden, MA
0.64
Single-Family Home
$635,000
09/26/25
3
1
1,456
35 Mount Washington Ave, Malden, MA
0.68
Single-Family Home
$475,000
08/18/26
3
1
1,640

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
61 Wallace St, Malden, MA 02148
0.05
$860,800
3
1.5
2,091
Off Market
177-179 Tremont St, Malden, MA 02148
0.03
-
5
2
2,584
Off Market
218 Tremont St, Malden, MA 02148
0.09
$959,100
3
2.5
2,217
Off Market
125 Forest St, Malden, MA 02148
0.10
$619,200
2
1
1,187
Off Market
165 Tremont St, Malden, MA 02148
0.05
$915,700
4
2
2,580
Off Market
85 Forest St, Malden, MA 02148
0.12
$909,900
5
2
2,141
Off Market
156 Tremont St, Malden, MA 02148
0.08
$670,200
3
1.5
1,364
Off Market
30 Wallace Cir #30, Malden, MA 02148
0.07
$550,000
3
2.5
1,520
Recently Sold
154 Mount Vernon St, Malden, MA 02148
0.08
$1,008,300
5
2
2,780
Off Market
151 Forest St, Malden, MA 02148
0.12
$843,200
3
2.5
1,718
Off Market
20 Oakland Rd, Malden, MA 02148
0.12
$797,400
3
1.5
2,054
Off Market
15 Prosper St, Malden, MA 02148
0.14
$825,000
3
2.5
2,052
Off Market

Local Information

  • Map ViewExplore the area around 87 Wallace St.
  • Schools5 Elementary Schools5 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1920
1,565 sqft
$502/sqft
Garage

About this House

Urban living at its best! Old world period details meets modern upgrades with this 1920 three-bedroom colonial located on a dead end street in the Forestdale area of town. Fantastic family room addition surrounded by 3 sides of windows with a backdrop of lush green vegetation offers plenty of privacy and will surely be a favorite place to entertain or read a book. Large eat-in kitchen with ample cabinetry adjoins a formal dining room with wainscoting and is a perfect place to host the holidays, dinner parties or family gatherings. Second level offers three bedrooms (one bedroom currently being used as a home office) and an updated full bath. Hardwood flooring throughout the home, top of the line Buderus gas hot water boiler, newer water heater and one car garage are just a few of the features of this home that make it a standout. Located close to Waitts Mountain Park, Oak Grove Station and bus transportation.
87 Wallace St, Malden, MA 02148 is a 3 bedroom, 1 bathroom, 1,565 sqft single-family home in Forestdale, built in 1920. It last sold for $540,000 on Oct 26, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $785,100, with a rent estimate of $3,527/month.

Home Details for 87 Wallace St

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: Baseboard, Radiant, GasAir ConditioningCooling System: CentralHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Other
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Oct 26, 2018
Source: N/A
Sold
$540,000
Sep 12, 2018
Source: Agent Provided
Pending
$499,900
Sep 6, 2018
Source: Agent Provided
Listed For Sale
$499,900
Apr 5, 1994
Source: N/A
Sold
$109,000

Market trends in Malden

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$655K
$31.67KMoM
Sale-to-List Price
102.2%
Price per sq ft
$461
$3MoM
Available listings
69
1MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Forestdale
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Forestdale

At least 22 Trulia users voted on each feature.

  • 85 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 78 % Say there's holiday spirit

  • 72 % Say car is needed

  • 72 % Say yards are well-kept

  • 70 % Say parking is easy

  • 70 % Say it's quiet

  • 69 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 56 % Say there's wildlife

  • 53 % Say neighbors are friendly

  • 52 % Say it's walkable to restaurants

  • 50 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 34 % Say there are community events

  • 28 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Floratella
    "They would like the neiborly people of Forestdale Malden but they need to put dog. Bags and buckets for the dog waste Doggie bags and mote tr"
    1
    Flag
  • Neighbor3
    "I've lived in this neighborhood for three years... people are friendly and streets are very quiet, I also like the diversity of the area. Great neighborhood!"
    1
    Flag
  • Zak
    "I live in Forestdale area about 4 years, it’s so quiet, Great neighborhood,Safe,Friendly neighbor, great to raise a family."
    1
    Flag
  • neighbor19
    "I've lived in this neighborhood for three years... the streets are so quiet! neighborhood is safe and diverse. Friendly neighbors overall and lots of wildlife to see!"
    27
    Flag
  • Vanny E.
    "I walk within my neighborhood if I'm going somewhere close. If it is for work, I would take the train. It can be a mess to travel. Traffic seems to be clustered when it is busy."
    0
    Flag
  • Vanny E.
    "It is close to a school. There are a ton of stores around. People can be helpful."
    1
    Flag
  • Vanny E.
    "It is kid friendly and there is a school nearby. Area can be big."
    0
    Flag
  • Scott N.
    "Plenty of walking places and easygoing walking around the town of Malden. Without a doubt the best place in town for a pet owner."
    0
    Flag
  • Scott N.
    "Nice, bumpy roads make traffic back up. The T stations also back up due to construction."
    1
    Flag
  • Scott N.
    "It has a nice hilltop view and plenty of history."
    0
    Flag
  • Scott N.
    "It has a great school, along with the family style neighborhood that makes it a great place for kids to enjoy themselves."
    0
    Flag
  • Erika M.
    "There are walkable areas and nice streets. There's a park close by, which has a few hills."
    0
    Flag
  • Erika M.
    "The commute is short, easy, hassle free. And there are nice walks and biking if you don't drive."
    0
    Flag
  • Erika M.
    "There's a lot of things close by. It's a safe, quiet, friendly neighborhood."
    0
    Flag
  • Scott N.
    "There are plenty of free roaming spaces, I just dislike it when dogs relieve themselves on my lawn."
    0
    Flag
  • Scott N.
    "The T is well traveled in the local area so one is just minutes from downtown Boston."
    1
    Flag
  • Scott N.
    "The area is known for the rocks and high hilltops where the visibility on a clear day is outstanding."
    0
    Flag
  • Scott N.
    "Ths school system is great along with all the community events."
    0
    Flag
  • Erika L.
    "It's not busy, and you can frequently have walks with your dogs. There are also parks."
    0
    Flag
  • Erika L.
    "It's a very easy commute. You can walk, bike or drive."
    0
    Flag
  • Erika L.
    "It's a quiet and friendly neighborhood. There are nice, taken care of streets."
    0
    Flag
  • Erika L.
    "It is safe. Short distance to schools and homes."
    0
    Flag
  • Lisa
    "this is a fantastic area for young families w/children; school is in walking distance and it is fairly new to the neighborhood and rates as an excellent school for elementary children. There is no crime whatsoever in this neighborhood; i wud highly recommend anyone to buy their first new home in this area."
    1
    Flag
  • jleonard
    "Malden is a small city north of Boston -- very diverse, friendly and affordable. Great restaurants, reflecting both long-time Maldonians and new immigrants. Lots of community involvement in the arts, sports, bicycling, libraries and education. The city has good MBTA access and bus lines that go to the areas beyond the T stations. "
    0
    Flag
  • ip
    "This is probably a quiet area, decent access to the T, but over 8 minutes walk is horrible in the winter"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 87 Wallace St

  • What is 87 Wallace St estimated to be worth?
    Trulia's estimated value for 87 Wallace St in Malden, MA is $785,100.
  • What is the price history for 87 Wallace St?
    87 Wallace St in Malden, MA last sold for $540,000 in October 2018.
  • Is Malden a buyer's or seller's market?
    Malden is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Malden?
    The median sale price in Malden is $655K. That is down $31.67K from the prior month.
  • Does 87 Wallace St have air conditioning?
    Yes, 87 Wallace St in Malden, MA has air conditioning.
  • Does 87 Wallace St have laundry facilities?
    Yes, 87 Wallace St in Malden, MA has in-unit laundry.

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