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2500 Mystic Valley Pkwy # 707, Medford MA 02155

Medford, MA 02155
$620,000
Est. $4,226/month
2
Beds
2
Baths
1,228
Sq Ft
$505
Price/Sq Ft
1981
Year Built
13
Days on Market
Closed Listed Oct 2, 2024 • MLS# 73297627 Copied!

About this home

This property offers a spacious open-concept living and dining area that flows seamlessly onto your sizable private balcony—perfect for relaxing or entertaining. The updated kitchen is equipped with stainless steel appliances, under-cabinet lighting, generous prep space, and ample storage. The second bedroom offers plenty of space for guests, and the primary features double customized closets and an en-suite bathroom. You'll also have in-unit laundry, central AC, and a dedicated parking space. Building amenities include extra storage, a heated pool, bike room, exercise facility, shared outdoor terrace, and an indoor racquetball and basketball court. Situated in a prime location where you can enjoy outdoor adventures like kayaking and canoeing on the Mystic River just outside your doorstep, as well as excellent dining, shopping and entertainment opportunities in Medford and the surrounding area while also having easy commuting and public transportation options to Boston and beyond.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1981
Bedrooms
2
Full Bathrooms
2
Living Area
1,228 sq ft
Total Rooms
5
Stories
1
Entry Level
7

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $620,000
Difference: +$71,000 (+12.9%)
Performance Metrics
112.9%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $447
Sale $/sq ft: $505
This property sold for $505 per square foot
Sale Summary

This property sold for 12.9% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$505/sq ft
Area Average
$445/sq ft
Difference
+13.5%

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 1981
Living Area 1,228 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof Other
Features Balcony
Pool Association, In Ground, Indoor, Heated
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,340
Assessed Value $509,400

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security: Intercom, Other

Construction & Materials

Year Built: 1981
Structure Type: High-Rise
Exterior Materials:
Roof: Other
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

2500 Mystic Valley Pkwy # 707, 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 $362
Homeowners Insurance $200
HOA Fee $529/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

11.5%
Price Range
15
Total Days on Market

Property Timeline

Sold
Nov 6, 2024
$620,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Oct 2, 2024
$549,000
Original listing
Agent: Focus Team Office: Focus Real Estate

Price & Status History

Date Event Price Change
Oct 2, 2024 New Listing Added $549,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$505

Tax History

Year Taxes Assessment
2024 $4,340 $509,400

Financial Details

Annual Property Tax
$4,340
Tax Year 2024
HOA Fee
$529
Monthly
Assessed Value
$509,400

Listing Information

Listing Agent Focus Team
Listing Office Focus Real Estate
Agent MLS ID TEAM0202
Office MLS ID AN2624
Listing Data Updated Nov 6, 2024 4:36 PM 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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