500 Salem Street # 405, Medford MA 02155

Medford, MA 02155 • Medford Hillside
$580,000
3
Beds
2
Baths
1,243
Sq Ft
$467
Price/Sq Ft
1988
Year Built
1
Parking
4
Days on Market
Sold Listed Jan 4, 2025 • MLS# 73323027 Copied! • Updated Feb 12, 2025

Track this home for price, status, and open-house alerts.

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.

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.

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

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

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,243 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Main Level, First Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof None
Features Balcony, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None
Features Assigned, Deeded, Paved
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $4,121
Assessed Value $483,700

HOA & Community

HOA Fee $366 Monthly
Fee Includes Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures Deeded - Assigned Parking Space #65 - This Building Is A Non Smoking Building.
Exclusions None
Possession None
Accepted Financing None
Structure Type ["High-Rise"]
Unit/Building 405
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans, Other (see Remarks)
County Middlesex
Total market time (incl. prior listings) 5 days

Property Overview

Property Type
Condominium
Listing Type
Sold
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

Floor Layout

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Main Level, First Floor, In Unit, Electric Dryer Hookup
Security: Intercom, Other

Construction & Materials

Style: Other (See Remarks)
Year Built: 1988
Structure Type: High-Rise
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Other (See Remarks)

Exterior & Lot

Exterior Features: Balcony, City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Deeded, Paved

Special Features

View: Yes
View Type: City
Community Amenities: 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

Nearby Schools

School information not available for this location.

Location

Loading map...

Neighborhood

Medford Hillside

500 Salem Street # 405, Medford MA 02155

Medford, MA 02155

Listing Information

Listing Agent Lucille Murray
Listing Office Compass
Office Phone 781-219-0313
Agent MLS ID B8000108
Office MLS ID AN6433
Listing Data Updated Feb 12, 2025 11:09 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Medford, MA

Real-time market trends and pricing data for this area

Loading market insights for Medford.