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35 Lambert Street # 1, Medford MA 02155

Medford, MA 02155
$604,000
Est. $3,875/month
2
Beds
1
Baths
1,119
Sq Ft
$540
Price/Sq Ft
1900
Year Built
7
Days on Market
Closed Listed Sep 3, 2024 • MLS# 73283961 Copied!

About this home

Situated in a convenient East Medford location, this well updated and spacious 2-bedroom, 1-bath condo is just minutes to Medford Square, Malden Center and Assembly Row! Featuring hardwood floors, high ceilings, and an open floor plan, this sunny home caters to modern sensibilities. Chefs will delight in the large kitchen with stainless KitchenAid and GE appliances. When dining and take-out is preferred, neighborhood cafes and restaurants abound. An in-unit laundry room, assigned off-street parking, and ample storage make this the complete package. The association is well managed, with ample reserves and attention to common maintenance needs, including the rear decks that were refinished in May 2024. Commuting options abound, including nearby I-93, local bus lines (100/101), the Malden Center Commuter Rail station, and Wellington or Malden Center MBTA stops. Hikers and bikers will enjoy proximity to trails at the Fells and Mystic River reservations. Offers are due 9/10 at 10am.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,119 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $604,000
Difference: +$29,000 (+5.0%)
Performance Metrics
105.0%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $514
Sale $/sq ft: $540
This property sold for $540 per square foot
Sale Summary

This property sold for 5.0% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$540/sq ft
Area Average
$264/sq ft
Difference
+104.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,119 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street, Assigned, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $5,045
Assessed Value $584,900

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2005
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Paved

Location

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Neighborhood

35 Lambert Street # 1, Medford MA 02155

Medford, MA 02155

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $420
Homeowners Insurance $200
HOA Fee $200/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

4.8%
Price Range
8
Total Days on Market

Property Timeline

Sold
Oct 2, 2024
$604,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Sep 3, 2024
$575,000
Original listing
Agent: Denman Drapkin Group Office: Compass

Price & Status History

Date Event Price Change
Sep 3, 2024 New Listing Added $575,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$540

Tax History

Year Taxes Assessment
2024 $5,045 $584,900

Financial Details

Annual Property Tax
$5,045
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$584,900

Listing Information

Listing Office Compass
Agent MLS ID TM328243
Office MLS ID AN2606
Listing Data Updated Oct 2, 2024 2:15 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Medford, MA

Real-time market trends and pricing data for this area

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