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Single Family ResidenceResidential
$786,226$366 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

40 SPRUCE ST

MALDEN, MA 02148
3
Beds
3 / 1
Baths
2,149 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$786K
$677K low$896K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,243 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$728,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$331,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$397,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$663,400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMiddlesex
Lot (acres)The size of the land the home sits on, from county records.0.16
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Gravity
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
SalemwoodC-
Elementary · Grades KG–8 · 0.4 mi
H
Malden High SchoolC
High · Grades 9–12 · 1.2 mi

District: Malden School District

Neighborhood · ZIP 02148These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.121
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.84

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.67,427
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.13,281 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$88,299
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,235
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Spruce St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 86% of homes in Maplewood
  • Costs less per square foot than 91% of homes in Maplewood
  • Bigger than 66% of homes in Malden 02148
  • Has a bigger lot than 79% of homes in Malden 02148
  • Newer than 75% of homes in Maplewood

What homes are worth in Malden 02148

Each bar is how many homes fall in that price range. The marker is this home.

This home
$310K$1M

This home is worth more than 83% of homes in Malden 02148.

How it measures up in Malden 02148

The dot is this home. The mark in the middle is the typical home in Malden 02148.

Estimated value$786,226
CheaperTypical $653,315Pricier

Pricier than 83% of homes nearby

Price per ft²$366
CheaperTypical $459Pricier

Pricier than 12% of homes nearby

Living area2,149 ft²
SmallerTypical 1,731 ft²Bigger

Bigger than 66% of homes nearby

Lot size0.16 ac
SmallerTypical 0.11 acBigger

Bigger than 79% of homes nearby

Year built1930
OlderTypical 1920Newer

Newer than 65% of homes nearby

How 40 Spruce St ranks against every home in each area.
MeasureThis homeMaplewoodMalden 02148Middlesex County
Estimated valuepricier than$786,22686% of homes83% of homes50% of homes
Price per ft²pricier than$3669% of homes12% of homes24% of homes
Living areabigger than2,149 ft²64% of homes66% of homes62% of homes
Lot sizebigger than0.16 ac78% of homes79% of homes27% of homes
Year builtnewer than193075% of homes65% of homes33% of homes

About 40 Spruce St

How much is 40 Spruce St, Malden, MA worth?

The TopHap Estimate for 40 Spruce St, Malden, MA is $786,226 as of Sep 24, 2026. The likely range is $676,758 to $895,694. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 40 Spruce St, Malden, MA?

40 Spruce St, Malden, MA has 3 bedrooms, 3 bathrooms, 2,149 square feet of living space and a 0.16-acre lot.

When was 40 Spruce St, Malden, MA built?

40 Spruce St, Malden, MA was built in 1930, making it 96 years old. The building has 2 stories.

What schools serve 40 Spruce St, Malden, MA?

40 Spruce St, Malden, MA is assigned to Salemwood (elementary), rated C-; Malden High School (high), rated C. All sit in Malden School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Spruce St, Malden, MA compare to other homes in Malden 02148?

Among the 12,237 homes in Malden 02148, it is worth more than 83% of them ($786,226 against a typical $653,315), its price per square foot is higher than 12% of them ($366 against a typical $459), it is bigger than 66% of them (2,149 ft² against a typical 1,731 ft²), its lot is bigger than 79% of them (0.16 ac against a typical 0.11 ac) and it is newer than 65% of them (1930 against a typical 1920). Measured against all of Middlesex County, it is worth more than 50% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Spruce St, Malden, MA?

The 2025 property tax bill for 40 Spruce St, Malden, MA was $8,243. The county assessed it at $728,200.

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