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500 Salem Street # 604, Medford MA 02155

Medford, MA 02155
$470,000
Est. $3,215/month
3
Beds
2
Baths
1,258
Sq Ft
$374
Price/Sq Ft
0.00
Acres
1988
Year Built
69
Days on Market
Closed Listed Sep 30, 2020 • MLS# 72734643 Copied!

About this home

This well-appointed, sunlit, spacious corner 3 bedroom/2 full bath unit offers over 1200 SF of living space. Featuring a fully applianced eat-in galley kitchen with stainless steel appliances, quartz counters and a generous amount of cabinets. An open concept layout in the living room with separate dinging area is great for entertaining. Large master bedroom boasts a walk-in closet and en-suite full bath. Two generously sized bedrooms are separated by the main living area with a full bath in-between. In unit laundry, central A/C, amble closet space, private balcony, and surface parking complete this home. Easy access to all major routes, buses, parks, shopping and Wellington T Station. Condo is professionally managed.

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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
8
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $470,000
Difference: $29,000 (-5.8%)
Performance Metrics
94.2%
List to Sale Ratio
Sold below asking price
69
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $397
Sale $/sq ft: $374
This property sold for $374 per square foot
Sale Summary

This property sold for 5.8% below the original asking price.

The property spent 69 days on market before selling.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$374/sq ft
Area Average
$347/sq ft
Difference
+7.9%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,258 sq ft
Lot Size 0.0000
Bedrooms 3
Full Baths 2
Total Rooms 8

Interior

Heating Heat Pump
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Microwave, Washer, Dryer
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,958
Assessed Value $431,200

Interior Features

Flooring:
Appliances: Range, Dishwasher, Microwave, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: In Unit
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

500 Salem Street # 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 $330
Homeowners Insurance $200
HOA Fee $309/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

21.7%
Price Range
70
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73347892
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 28, 2025
$600,000
MLS #73347892
Sold
Jan 20, 2021
$470,000
Property sold
Days on Market: 70
🏠
Listed for Sale
Sep 30, 2020
$488,000
Original listing
Agent: Daniela Cafaro Office: Compass

Price & Status History

Date Event Price Change
Apr 28, 2025 Sold $600,000
Sep 30, 2020 New Listing Added $488,000

Market Statistics

Days on Market
69 days
Price per Sq Ft
$374

Tax History

Year Taxes Assessment
2020 $3,958 $431,200

Financial Details

Annual Property Tax
$3,958
Tax Year 2020
HOA Fee
$309
Monthly
Assessed Value
$431,200

Listing Information

Listing Agent Daniela Cafaro
Listing Office Compass
Agent MLS ID BB808174
Office MLS ID AN2383
Listing Data Updated Jan 21, 2021 7:48 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Medford, MA

Real-time market trends and pricing data for this area

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