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500 Salem Street # 405, Medford MA 02155

Medford, MA 02155 • Medford Hillside
$580,000
Est. $3,087/month
3
Beds
2
Baths
1,243
Sq Ft
$467
Price/Sq Ft
1988
Year Built
Condominium
Type
4
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73323027

About this home

Rare find - 3 Bedroom Condominium - Commuter Dream - Desirable Location - Corner Unit - freshly painted walls and ceilings in a tasteful, neutral color. Expansive Open Floor Concept - sun-filled spacious Living/Dining room combo with oversized sliders to a lovely Balcony, Nicely-sized adjacent Kitchen - Master Suite features a walk-in closet and full Bath, a second Bedroom with double closets and a third good-sized Bedroom to be used as you wish. Also has a 2nd full Bath, linen closet and an added convenience of an in-unit Washer and Dryer. Includes a deeded assigned Parking Space and additional Storage in Garage.. Convenient to public transportation, you will appreciate the easy access to bus routes to both Wellington and Malden "T" Stations. Easy access to Routes 93 and 128. Close to Fellsmere Pond and Wright Pond. Numerous amenities, including parks, shopping and restaurants. Convenient location - 6 miles to Boston and 2.3 miles toTufts University.

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $580,000
Difference: +$31,000 (+5.6%)
Performance Metrics
105.6%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $442
Sale $/sq ft: $467
This property sold for $467 per square foot
Sale Summary

This property sold for 5.6% 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.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1988
Bedrooms
3
Full Bathrooms
2
Living Area
1,243 sq ft
Total Rooms
6
Stories
1
Entry Level
4
Main Level Bedrooms
3

Interior Features

Flooring
Tile, Carpet
Heating
Heat Pump, Electric
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry Features
Main Level, First Floor, In Unit, Electric Dryer Hookup
Basement Details
N
Window Features
Insulated Windows
Accessibility Features
Accessible Entrance

Exterior & Structure

Construction Materials
Frame
Architectural Style
Other (See Remarks)
Exterior Features
Balcony, City View(s)
Has Spa
No
View
City
Has View
Yes
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Assigned, Deeded, Paved

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom, Other
Energy Efficient Features
Other (See Remarks)

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Other
HOA Fee
$366
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,121
Tax Year
2024
Tax Assessed Value
$483,700
Parcel Number
M:I14 B:1130,634542
Zoning
Re

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Fellsway West Condominium
Common Walls
Corner
Attached Property
Yes
Disclosures
Deeded - Assigned Parking Space #65 - This building is a NON SMOKING BUILDING.
Exclusions
None

Location

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Neighborhood

Medford Hillside

500 Salem Street # 405, Medford MA 02155

Medford, MA 02155

Walkability

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Schools

Elementary School
Roberts
Rating information coming soon
Middle School
Andrews
Rating information coming soon
High School
Medford High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $343
Homeowners Insurance $200
HOA Fee $366
PMI $0

Property History

Market Insights

5.3%
Price Range
5
Total Days on Market

Property Timeline

✓
Sold
Feb 7, 2025
$580,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Jan 4, 2025
$549,000
Original listing
Agent: Lucille Murray Office: Compass

Price & Status History

Date Event Price Change
Jan 4, 2025 New Listing Added $549,000 —

Market Statistics

Days on Market
4 days
Price per Sq Ft
$467

Tax History

Year Taxes Assessment
2024 $4,121 $483,700

Financial Details

Annual Property Tax
$4,121
Tax Year 2024
HOA Fee
$366
Monthly
Assessed Value
$483,700

Listing Information

Listing Agent Lucille Murray
Listing Office Compass
Agent MLS ID B8000108
Office MLS ID AN6433

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