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54 Lyman Ave # 1, Medford MA 02155

Medford, MA 02155
$1,030,000
Est. $6,491/month
4
Beds
3
Baths
1,942
Sq Ft
$530
Price/Sq Ft
2024
Year Built
121
Days on Market
Closed Listed Nov 5, 2024 • MLS# 73309590 Copied!

About this home

Price Improvement! Discover this fantastic, fully renovated condo in the highly desirable South Medford area. Stripped down to the studs, this property boasts all-new mechanical systems. Spanning two levels, the unit features 4 spacious bedrooms, 3 modern bathrooms, and an open living area. The design is impeccable, with high-quality finishes, stainless steel appliances, and elegant quartz countertops. Additional highlights include one off-street parking spot, a private deck, and a shared patio perfect for entertaining. The location is ideal, offering proximity to Tufts University, major routes such as 16 and 93, Whole Foods, a variety of restaurants, and the newly opened Green Line College Ave Station. This home provides a perfect blend of style and convenience in a prime location.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2024
Bedrooms
4
Full Bathrooms
3
Living Area
1,942 sq ft
Total Rooms
8
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $1,175,000
Final Sale Price: $1,030,000
Difference: $145,000 (-12.3%)
Performance Metrics
87.7%
List to Sale Ratio
Sold below asking price
121
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $605
Sale $/sq ft: $530
This property sold for $530 per square foot
Sale Summary

This property sold for 12.3% below the original asking price.

At 121 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$530/sq ft
Area Average
$112/sq ft
Difference
+371.5%

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 2024
Living Area 1,942 sq ft
Bedrooms 4
Full Baths 3
Total Rooms 8

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Fireplaces 1
Basement Y
Laundry In Basement
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Deck
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Features None
Total Spaces 1

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,999
Assessed Value $999,999

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry: In Basement
Security:

Construction & Materials

Year Built: 2024
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:

Location

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Neighborhood

54 Lyman Ave # 1, 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
0.5 mi
Grades PK-08
St. Raphael Elementary School
0.7 mi
Grades PK-08
A+
Brooks School
0.5 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
B
Milton Fuller Roberts School
1.3 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
1.3 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
1.4 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
M

Middle Schools

2 schools
B+
Madeleine Dugger Andrews Middle School
1.3 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
2.2 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
1.0 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
1.2 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 $833
Homeowners Insurance $200
HOA Fee $250/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

2.9%
Price Range
123
Total Days on Market

Property Timeline

Sold
Apr 1, 2025
$1,030,000
Property sold
Days on Market: 123
🏠
Listed for Sale
Nov 5, 2024
$999,995
Original listing
Office: eXp Realty

Price & Status History

Date Event Price Change
Nov 5, 2024 New Listing Added $999,995

Market Statistics

Days on Market
121 days
Price per Sq Ft
$530

Tax History

Year Taxes Assessment
2024 $9,999 $999,999

Financial Details

Annual Property Tax
$9,999
Tax Year 2024
HOA Fee
$250
Monthly
Assessed Value
$999,999

Listing Information

Listing Office eXp Realty
Agent MLS ID TM359578
Office MLS ID AN8920
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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