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500 Salem St # 604, Medford MA 02155

Medford, MA 02155
$600,000
Est. $3,985/month
3
Beds
2
Baths
1,258
Sq Ft
$477
Price/Sq Ft
1988
Year Built
4
Days on Market
Closed Listed Mar 20, 2025 • MLS# 73347892 Copied!

About this home

Welcome home to Fellsway West Condominiums, a professionally managed complex convenient to Malden & Wellington T stations, Routes 93 & 95, parks and the trendy shops & restaurants that Station Landing and Assembly Row offer.This spacious 3 bedroom and 2 bath, 6th floor corner unit is situated in the back of the building boasting a private balcony overlooking greenery.The open floor plan is bright and sunny, making entertaining a breeze.A cabinet kitchen is fully applianced and boasts quartz countertops and ceramic tiled flooring.The oversized main bedroom features a walk in closet and en-suite.There are two additional bedrooms with access to a full bath and linen closet.The HVAC unit is NEW and there is a Nest thermostat.In unit laundry, ample closet space, central air conditioning and a deeded outside parking space are some of the many amenities.Do not miss this opportunity to create your own oasis for in town living. Open Houses Saturday & Sunday 11:30-1

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
3
Full Bathrooms
2
Living Area
1,258 sq ft
Total Rooms
5
Stories
1
Entry Level
6
Main Level Bedrooms
3

Sale Statistics

Sale Overview
Original List Price: $565,000
Final Sale Price: $600,000
Difference: +$35,000 (+6.2%)
Performance Metrics
106.2%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $449
Sale $/sq ft: $477
This property sold for $477 per square foot
Sale Summary

This property sold for 6.2% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$477/sq ft
Area Average
$235/sq ft
Difference
+103.0%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,258 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Vinyl
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Main Level, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,490
Assessed Value $510,300

Interior Features

Flooring: Tile, Vinyl
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Main Level, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1988
Structure Type: High-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

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

Location

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Neighborhood

500 Salem St # 604, 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 $374
Homeowners Insurance $200
HOA Fee $377/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

5.8%
Price Range
5
Total Days on Market

Property Timeline

Sold
Apr 28, 2025
$600,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Mar 20, 2025
$565,000
Original listing
Agent: Team Murray Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Mar 20, 2025 New Listing Added $565,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$477

Tax History

Year Taxes Assessment
2025 $4,490 $510,300

Financial Details

Annual Property Tax
$4,490
Tax Year 2025
HOA Fee
$377
Monthly
Assessed Value
$510,300

Listing Information

Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM345074
Office MLS ID AN6101
Listing Data Updated Apr 28, 2025 1:52 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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