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500 Salem Street # 807, Medford MA 02155

Medford, MA 02155
$547,500
Est. $3,618/month
2
Beds
2
Baths
1,086
Sq Ft
$504
Price/Sq Ft
1988
Year Built
69
Days on Market
Closed Listed Jul 3, 2024 • MLS# 73260057 Copied!

About this home

Beautiful top floor condo overlooking Boston!!! Bright, updated, modern kitchen with quartz counters, tile floor and SS appliances. Open Concept with balcony off living room. Primary bedroom with full bathroom, and walk in closet. 2 Bathrooms, 2 bedrooms. Updated carpet and floors, Central A/C, intercom system, Underground parking space, Security camera. Extra storage included in underground garage. Washer and Dryer in unit, Complex is professionally managed. Close to route 93 and 128. Great location for commuters to Wellington Station and Malden Center Train station, orange line. Enjoy exploring nearby at Middlesex Fells, Station Landing, and Assembly Row. Sale includes: Refrigerator, washer and dryer.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Living Area
1,086 sq ft
Total Rooms
5
Stories
1
Entry Level
8

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $547,500
Difference: $27,500 (-4.8%)
Performance Metrics
95.2%
List to Sale Ratio
Sold below asking price
69
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $529
Sale $/sq ft: $504
This property sold for $504 per square foot
Sale Summary

This property sold for 4.8% below the original asking price.

The property spent 69 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
$504/sq ft
Area Average
$235/sq ft
Difference
+114.5%

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 1,086 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air, Unit Control
Flooring Tile, Vinyl, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer
Fireplace None
Basement N
Laundry Flooring - Stone/ceramic Tile, Dryer Hookup - Dual, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber, Other
Features Balcony, City View(s), Professional Landscaping, Sprinkler System
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage, Off Street, Deeded, Guest
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 $3,619
Assessed Value $424,800

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Interior Features: Elevator
Windows:
Basement: N
Laundry: Flooring - Stone/Ceramic Tile, Dryer Hookup - Dual, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom, TV Monitor

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, 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, City View(s), Professional Landscaping, Sprinkler System
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

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

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

500 Salem Street # 807, 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 $302
Homeowners Insurance $200
HOA Fee $348/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

1.4%
Price Range
70
Total Days on Market

Property Timeline

Sold
Sep 27, 2024
$547,500
Property sold
Days on Market: 70
🏠
Listed for Sale
Jul 3, 2024
$555,000
Original listing
Agent: Robin Rosa Office: Berkshire Hathaway HomeServices Verani Realty

Price & Status History

Date Event Price Change
Jul 3, 2024 New Listing Added $555,000

Market Statistics

Days on Market
69 days
Price per Sq Ft
$504

Tax History

Year Taxes Assessment
2024 $3,619 $424,800

Financial Details

Annual Property Tax
$3,619
Tax Year 2024
HOA Fee
$348
Monthly
Assessed Value
$424,800

Listing Information

Listing Office Berkshire Hathaway HomeServices Verani Realty
Agent MLS ID CN218681
Office MLS ID AN0992
Listing Data Updated Sep 27, 2024 12:59 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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