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500 Salem St # 706, Medford MA 02155

Medford, MA 02155
$450,000
Est. $3,150/month
2
Beds
2
Baths
1,124
Sq Ft
$400
Price/Sq Ft
0.03
Acres
1988
Year Built
38
Days on Market
Closed Listed Nov 28, 2022 • MLS# 73061000 Copied!

About this home

Open house on Saturday 01/07/23 from 12:00 to 1:00 PM is canceled. Abundant natural light and spacious single-level living define this commuter friendly Fellsway West condo. Boasting an open floor plan with 2 beds, 2 full bathrooms, and 1,124 SqFt, you’ll love the spacious living/dining area that leads to a fantastic 7th floor private balcony with south-west facing city skyline views. Savor the eat-in kitchen offering plentiful white cabinetry before you cozy up in the primary ensuite or guest bedroom – both offering city views, bright sunlight, and contemporary flooring. In-unit laundry, central air, generous closet space, and deeded parking provide convenient and comfortable living! This professionally managed elevator building is minutes from Fellsmere pond, Malden Center and Wellington T stations, I93/128, Station Landing, Assembly Row, and The Fells walking/biking trails. Don’t miss this opportunity!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Living Area
1,124 sq ft
Total Rooms
4
Stories
1
Entry Level
7

Sale Statistics

Sale Overview
Original List Price: $489,000
Final Sale Price: $450,000
Difference: $39,000 (-8.0%)
Performance Metrics
92.0%
List to Sale Ratio
Sold below asking price
38
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $435
Sale $/sq ft: $400
This property sold for $400 per square foot
Sale Summary

This property sold for 8.0% below the original asking price.

The property spent 38 days on market before selling.

Nearby Sales Comparison

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

This Property
$400/sq ft
Area Average
$156/sq ft
Difference
+156.8%

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 1,124 sq ft
Lot Size 0.03 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Electric
Cooling Central Air, Unit Control
Flooring Tile, Laminate
Appliances Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup
Features None

Exterior

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

Parking

Features Deeded
Total Spaces 1

Utilities

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

Financial

Annual Tax $3,985
Assessed Value $442,300

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Electric Dryer Hookup
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Location

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Neighborhood

500 Salem St # 706, Medford MA 02155

Medford, MA 02155

Walkability

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Nearby Schools

School District
Medford School District local
B+
School Safety 2024-25
1.0% Low
0.8% Suspensions 0.1% In-School 0.2% Emergency
4.5% below state avg
E

Elementary Schools

6 schools
St. Joseph Elementary School
1.4 mi
Grades PK-08
St. Raphael Elementary School
2.3 mi
Grades PK-08
B
Milton Fuller Roberts School
0.6 mi | #353 of 824 | Score: 49.1
Improved 194 spots from last year
-9.1 below state avg
586 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
John J McGlynn Elementary School
1.2 mi | #422 of 824 | Score: 47.1
Improved 242 spots from last year
-11.1 below state avg
505 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
B+
Missituk Elementary School
1.7 mi | #300 of 824 | Score: 50.8
Improved 77 spots from last year
-7.4 below state avg
418 students Diverse
Rising School Diverse Student Body
Grades PK-05
A+
Brooks School
2.0 mi | #2 of 12 | Score: 59.7
Improved 135 spots from last year
+1.5 above state avg
556 students Moderate
Rising School
Grades PK-05
M

Middle Schools

2 schools
B+
Madeleine Dugger Andrews Middle School
1.0 mi | #128 of 352 | Score: 46.6
Improved 32 spots from last year
-11.6 below state avg
435 students Diverse
Rising School
Grades 06-08
B-
John J. McGlynn Middle School
1.4 mi | #206 of 352 | Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
A-
Medford High School
1.9 mi | #94 of 346 | Score: 60.6
Improved 24 spots from last year
+2.3 above state avg
1,195 students Diverse
19 sports • 1,212 athletes
Strong AP Program Rising School Career Tech Programs College Ready Curriculum
Grades PK-12
Curtis-Tufts School
1.8 mi
11 students Diverse
Diverse Student Body
Grades 09-12
Learn about these ratings

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 $332
Homeowners Insurance $200
HOA Fee $342/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

99.5%
Price Range
39
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73512028
Full transaction history available when tracking began
🏡
Currently Listed
May 4, 2026
$3,000
MLS #73512028 - Active
Previous Transaction - MLS #73219505
Full transaction history available when tracking began
🏷️
Previously Sold
May 3, 2024
$565,000
MLS #73219505
Sold
Feb 3, 2023
$450,000
Property sold
Days on Market: 39
🏠
Listed for Sale
Nov 28, 2022
$465,000
Original listing
Agent: CS Luxury Group Office: Keller Williams Realty Boston-Metro | Back Bay

Price & Status History

Date Event Price Change
May 4, 2026 Sold $3,000
May 3, 2024 Sold $565,000
Nov 28, 2022 New Listing Added $465,000

Market Statistics

Days on Market
38 days
Price per Sq Ft
$400

Tax History

Year Taxes Assessment
2022 $3,985 $442,300

Financial Details

Annual Property Tax
$3,985
Tax Year 2022
HOA Fee
$342
Monthly
Assessed Value
$442,300

Listing Information

Listing Agent CS Luxury Group
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Agent MLS ID TM347829
Office MLS ID BB5522
Listing Data Updated Feb 3, 2023 3:06 PM EST
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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