new - 2 days on rocket

500 Salem St Unit 405, Medford, MA, 02155

$549,000

Home List Price

$6,519*

Closing Credit

3 Bedrooms
2 Full Baths
1,243 SqFt
$442/SqFt
Condo

Location

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500 Salem St Unit 405, Medford$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Deeded, Paved
Year Built1988
HeatingHeat Pump, Electric
CoolingCentral Air
ViewCity
MLS #73323027
StatusActive
(New)

About 500 Salem St Unit 405

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1988
  • Living Area: 1,243 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (781) 219-0313
  • Listing Agent: Lucille Murray

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Flooring Type: Tile, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony, City View(s)

Parking Information:

  • Parking: Assigned, Deeded, Paved

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Fellsway to Salem Street - Building is at the Corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $442/SqFt

HOA Fees:

  • Amount: $366
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Medford, MA.

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Medford, MA

City

Med. Sold Price

$850K

Med. Price/SqFt

$500

Avg. Days On Market

44

# of Sold Homes

33

500 Salem St Unit 405 vs Medford

2 DAYS ON ROCKET

-42 Days

$549,000

-$301K Less

$442/SqFt

-$58 Less

KEY TAKEAWAY

This property is $301K less than the Median Sold Price and $58/SqFt less than other homes in Medford, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73323027

Listing Office:

  • Office Name: Compass
  • Office Phone: (781) 219-0313
  • Listing Agent: Lucille Murray

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,174

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-771120
5
/10

  • Roberts Elementary School

  • 35 Court St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-771121
4
/10

  • McGlynn Elementary School

  • 3002 Mystic Valley Pkwy

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-771122
4
/10

  • Columbus Elementary School

  • 37 Hicks Ave

  • 1.70 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,300. Most Medford, MA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Salem St Unit 405

What is the listing price of this property?

The listing price of 500 Salem St Unit 405 property is $549,000.

What type of property is this?

The property 500 Salem St Unit 405 is a condo located in Medford, Massachusetts, 02155.

Is this property for sale now?

Active Listing: 500 Salem St Unit 405 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 500 Salem St Unit 405 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Salem St Unit 405 is 1,243 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Salem St Unit 405 is 1988.

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›500 Salem St Unit 405

This home is located at 500 Salem St Unit 405 in Medford, MA and zip code 02155. This 1,243 square foot home was built in 1988. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $549,000.

While more than 11 listings in Medford, MA in December 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 20 were sold below. In December 2024 in Medford, MA there were 25.7% less homes for sale than in November 2024. In December 2024 median list price was $850,000 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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