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500 Salem St # 804, Medford MA 02155

Medford, MA 02155
$575,000
Est. $3,869/month
3
Beds
2
Baths
1,258
Sq Ft
$457
Price/Sq Ft
1988
Year Built
6
Days on Market
Closed Listed Jan 15, 2025 • MLS# 73326289 Copied!

About this home

Exciting Opportunity! Spacious 3-Bedroom Condo in Prime Commuter Location! Don’t miss this rare chance to own a stunning 3-bedroom, 2-bath condo with an open floor plan, gleaming hardwood floors, and oversized sliders leading to a private balcony. The kitchen features granite countertops, stainless steel appliances, and custom maple cabinetry. The primary suite offers a walk-in closet and en-suite bath, while two additional bedrooms provide great closet space and access to a second full bath. Enjoy the convenience of in-unit front-loading laundry, a large walk-in foyer closet, and plenty of storage. This home includes 1 deeded garage parking space and 1 deeded outdoor parking spot. Perfectly located near Fellsmere & Wright Pond, parks, shopping, and restaurants, with easy access to public transportation, Routes 93 & 128, and just 6 miles to Boston. A commuter’s dream! Schedule your showing today—this exceptional opportunity won’t last! Open Houses 1/18/25 Sat & 1/19/25 Sun 11-12:30

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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
6
Stories
1
Entry Level
8
Main Level Bedrooms
3

Sale Statistics

Sale Overview
Original List Price: $569,900
Final Sale Price: $575,000
Difference: +$5,100 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $453
Sale $/sq ft: $457
This property sold for $457 per square foot
Sale Summary

This property sold for 0.9% above the original asking price, indicating strong buyer demand.

With only 6 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
$457/sq ft
Area Average
$235/sq ft
Difference
+94.5%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,258 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

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

Exterior

Construction Frame
Architecture None
Roof None
Features Balcony, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Deeded, Off Street, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $4,477
Assessed Value $525,500

Interior Features

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

Construction & Materials

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

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Balcony, City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Deeded, Off Street, Paved

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Location

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Neighborhood

500 Salem St # 804, 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

3 schools
B-
Beebe School
0.6 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-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
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

3 schools
C+
Malden High School
1.3 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
Curtis-Tufts School
1.8 mi
11 students Diverse
Diverse Student Body
Grades 09-12
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
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 $373
Homeowners Insurance $200
HOA Fee $388/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

0.9%
Price Range
8
Total Days on Market

Property Timeline

Sold
Feb 28, 2025
$575,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jan 15, 2025
$569,900
Original listing
Agent: Team Blue Office: ERA Key Realty Services

Price & Status History

Date Event Price Change
Jan 15, 2025 New Listing Added $569,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$457

Tax History

Year Taxes Assessment
2024 $4,477 $525,500

Financial Details

Annual Property Tax
$4,477
Tax Year 2024
HOA Fee
$388
Monthly
Assessed Value
$525,500

Listing Information

Listing Agent Team Blue
Listing Office ERA Key Realty Services
Agent MLS ID TEAM0456
Office MLS ID AN3576
Listing Data Updated Mar 2, 2025 11:48 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Medford, MA

Real-time market trends and pricing data for this area

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