D
Seller's Agent in 2023
David Conte
USA Realty Associates
(781) 438-1200
1 in this area
7 Total Sales
Fellsway West Condominium 500 Salem St Unit 507 Medford, MA 02155
North Medford NeighborhoodEstimated Value: $495,000 - $564,000
2
Beds
2
Baths
1,086
Sq Ft
$332/mo
HOA Fee
Highlights
- Property is near public transit
- Balcony
- Walk-In Closet
- Elevator
- Intercom
- Cooling Available
About This Home
As of July 2023DO YOU WANT LOCATION, CONVENIENCE & PRICE ?? This Affordable upper floor (5th floor) unit at Fellsway West Condominiums with views of Boston skyline is the place to start. Features Eat-in kitchen, open concept Dining & Living Room, 2 Bedrooms, 2 Full baths, in unit laundry, balcony with views of the Boston skyline. Deeded parking space #58. Be right near the center of everything. Public transportation right at your doorstep. Other amenities closeby include shopping, MBTA train & bus, Encore Casino. PRICED TO SELL. ESTATE SALE subject to License To Sell from Probate Court.
Last Buyer's Agent
Tracy Mei
Denkar Realty Group
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,667
Year Built
- Built in 1988
HOA Fees
- $332 Monthly HOA Fees
Home Design
- Garden Home
- Brick Exterior Construction
Interior Spaces
- 1,086 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Wall to Wall Carpet
- Intercom
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 1 Car Parking Space
- Deeded Parking
Utilities
- Cooling Available
- Forced Air Heating System
- Heat Pump System
- Individual Controls for Heating
Additional Features
- Balcony
- Two or More Common Walls
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 634549
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, snow removal
- 55 Units
- Fellsway West Condominium Community
Amenities
- Shops
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Jul 20, 2023
Sold by
Tarello Joseph F Est and Tarello
Bought by
Mei Shu P
Seller's Agent
David Conte
USA Realty Associates
Buyer's Agent
Tracy Mei
Denkar Realty Group
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,384
Avg. Annual Appreciation
8.91%
Original Mortgage
$360,000
Outstanding Balance
$353,409
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,074
Purchase Details
Closed on
Jan 16, 1997
Sold by
Scimemi Virginia M and Scimemi Scott J
Bought by
Tarello Joseph F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,355
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 1988
Sold by
Fellsway West Rt
Bought by
Scimemi Scott J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
10.18%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mei Shu P | $450,000 | None Available | |
| Tarello Joseph F | $110,900 | -- | |
| Scimemi Scott J | $121,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mei Shu P | $360,000 | |
| Previous Owner | Tarello Joseph F | $66,000 | |
| Previous Owner | Scimemi Scott J | $68,355 | |
| Previous Owner | Scimemi Scott J | $91,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2023 07/20/23 | Sold | $450,000 | -4.3% | $414 / Sq Ft |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $470,000 | -- | $433 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,776 | $443,200 | $0 | $443,200 |
| 2024 | $3,776 | $443,200 | $0 | $443,200 |
| 2023 | $3,667 | $423,900 | $0 | $423,900 |
| 2022 | $3,894 | $432,200 | $0 | $432,200 |
| 2021 | $3,931 | $417,800 | $0 | $417,800 |
| 2020 | $3,599 | $392,100 | $0 | $392,100 |
| 2019 | $3,348 | $348,700 | $0 | $348,700 |
| 2018 | $3,265 | $318,800 | $0 | $318,800 |
| 2017 | $2,979 | $282,100 | $0 | $282,100 |
| 2016 | $2,874 | $256,800 | $0 | $256,800 |
| 2015 | $2,830 | $241,900 | $0 | $241,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
T
Buyer's Agent in 2023
Tracy Mei
Denkar Realty Group
About Fellsway West Condominium
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73106135
APN: MEDF-000014-000000-I001140
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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