new - 11 hours on rocket

500 Salem St Unit 508, Medford, MA, 02155

$579,999

Home List Price

$6,887*

Closing Credit

3 Bedrooms
2 Full Baths
1,321 SqFt
$439/SqFt
Condo

Location

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500 Salem St Unit 508, Medford$579,999

Buyer Closing Credits

$6,887*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnder, Garage Door Opener, Storage, Deeded
Attached Garage1 space
Year Built1988
HeatingForced Air, Electric
CoolingCentral Air
MLS #73326076
StatusActive
(New)

About 500 Salem St Unit 508

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.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Living Area: 1,321 SqFt

Listing Office:

  • Office Name: Lee Realty Boston
  • Office Phone: (617) 594-4439
  • Listing Agent: Eugene Lee

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher
  • Flooring Type: Tile, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Under, Garage Door Opener, Storage, Deeded

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Fellsway to Salem Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,999
  • Price Per SqFt: $439/SqFt
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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 508 vs Medford

1 DAY ON ROCKET

-43 Days

$579,999

-$270K Less

$439/SqFt

-$61 Less

KEY TAKEAWAY

This property is $270K less than the Median Sold Price and $61/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: #73326076

Listing Office:

  • Office Name: Lee Realty Boston
  • Office Phone: (617) 594-4439
  • Listing Agent: Eugene Lee

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: 1/14/2025, 11:55:51 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.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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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-2488545
5
/10

  • Roberts Elementary School

  • 35 Court St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-2488546
4
/10

  • McGlynn Elementary School

  • 3002 Mystic Valley Pkwy

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-2488547
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. The majority of Medford, MA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Salem St Unit 508

What is the listing price of this property?

The listing price of 500 Salem St Unit 508 property is $579,999.

What type of property is this?

The property 500 Salem St Unit 508 is a condo located in Medford, Massachusetts, 02155.

Is this property for sale now?

Active Listing: 500 Salem St Unit 508 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 508 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Salem St Unit 508 is 1,321 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Salem St Unit 508 is 1988.

Rocket Homes›Massachusetts›Middlesex County›Medford›02155›500 Salem St Unit 508

This home is located at 500 Salem St Unit 508 in Medford, MA and zip code 02155. This 1,321 square foot home was built in 1988. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $579,999.

In December 2024 more than 11 listings in Medford, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 20 were sold below. The inventory of homes for sale in Medford, MA between November 2024 and December 2024 decreased by 25.7%. The median list price of listings available in December 2024 was $850,000, while the average time on the real estate market was 44 days.

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

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