500 Salem Street # 508, Medford MA 02155

Medford, MA 02155
$598,000
3
Beds
2
Baths
1,321
Sq Ft
$453
Price/Sq Ft
1988
Year Built
1
Garage Space
17
Days on Market
Sold Listed Jan 14, 2025 • MLS# 73326076 Copied! • Updated Feb 28, 2025

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Sale Statistics

Sale Overview
Original List Price: $579,999
Final Sale Price: $598,000
Difference: +$18,001 (+3.1%)
Performance Metrics
103.1%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $439
Sale $/sq ft: $453
This property sold for $453 per square foot
Sale Summary

This property sold for 3.1% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

About this home

Don't miss this opportunity to live in a spacious 3-bedroom corner unit condo boasting an open floor plan with ample closet space, in-unit laundry, eat-in-kitchen, 2 full bathrooms and a private balcony with city views. 2 deeded parking spaces (1 garage #26 and 1 outdoor #55) are also included. The elevator building is meticulously maintained and professionally managed. Easy access to bus stops along with Target and other amenities right at your doorstep. Conveniently located near Station Landing, Assembly Row, Malden Center, Wellington Station, I-93/MA 128, Boston and The Fells makes this a great property for owner occupants or investors.

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Recently Sold Nearby

Property History

Market Insights

3%
Price Range
20
Total Days on Market

Property Timeline

✓
Sold
Feb 28, 2025
$598,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Jan 14, 2025
$579,999
Original listing
Agent: Eugene Lee Office: Lee Realty Boston

Tax History

Year Taxes Assessment
2025 $4,306 $505,400

Financial Details

Annual Property Tax
$4,306
Tax Year 2025
HOA Fee
$372
Per month
Assessed Value
$505,400

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,321 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Laminate
Appliances Range, Dishwasher
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage, Deeded
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $4,306
Assessed Value $505,400

HOA & Community

HOA Fee $372
Fee Includes Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures Dishwasher Not Working. Additional Storage In Garage. Hvac Replaced In 11/2023 And Water Heater Replaced In 1/2021. Buyers And Agents To Do Their Due Diligence. Property Sold As-is.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 508
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1988
Bedrooms
3
Full Bathrooms
2
Living Area
1,321 sq ft
Total Rooms
6
Stories
1
Entry Level
5

Floor Layout

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher
Interior Features:
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup
Security: Intercom, TV Monitor

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Central Air
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

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Storage, Deeded
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 | #191 of 352 | Score: 41.2
Dropped 45 spots from last year
-17 below state avg
919 students Very Diverse
Diverse Student Body
Grades K-08
B
Milton Fuller Roberts School
0.6 mi | #350 of 825 | Score: 48.9
Improved 197 spots from last year
-9.3 below state avg
534 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
John J McGlynn Elementary School
1.2 mi | #417 of 825 | Score: 47.3
Improved 247 spots from last year
-10.9 below state avg
498 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 | #132 of 352 | Score: 45.9
Improved 28 spots from last year
-12.3 below state avg
438 students Diverse
Rising School
Grades 06-08
B-
John J. McGlynn Middle School
1.4 mi | #210 of 352 | Score: 39.9
Improved 26 spots from last year
-18.4 below state avg
439 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.3 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
Curtis-Tufts School
1.8 mi
18 students Very Diverse
Diverse Student Body
Grades 09-12
A-
Medford High School
1.9 mi | #93 of 346 | Score: 61.4
Improved 25 spots from last year
+3.2 above state avg
1,210 students Diverse
19 sports • 1,212 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades PK-12
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Location

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Neighborhood

500 Salem Street # 508, Medford MA 02155

Medford, MA 02155

Listing Information

Listing Agent Eugene Lee
Listing Office Lee Realty Boston
Office Phone 617-594-4439
Agent MLS ID BB805995
Office MLS ID AN1442
Listing Data Updated Feb 28, 2025 2:58 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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Steve Novak Real Estate
Steve Novak Real Estate
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