$331,000
SOLD JUL 29, 2015

Fellsway West Condominium 500 Salem St Unit 508 Medford, MA 02155

North Medford Neighborhood
3 Beds
2 Baths
1,321 Sq Ft
1988 Built

Recently Sold

$251 Per Sq Ft

5% Below List Price

28 Days on Market

About This Home

As of February 2025

Don't miss this one! Great 3 BEDROOM 2 FULL BATH unit has it all!! Spacious open fl. plan with parquet wood floors, full master suite, eat in kitchen w/ window, 2 walk in closets, washer & dryer, and a great Boston skyline view from 5th fl. Balcony. All this plus a Garage parking space along with an extra outdoor space. Well run professionally managed elevator building. A bus stop just outside the building is ready to take you to the Orange Line T, Station Landing or the new and exciting Assembly Square Mall . Located just one block to Stop and Shop and minutes to Rt. 93 and 16.

Last Agent to Sell the Property

Jeannette Myles

Bond Realty, Inc. License #449502060 Listed on: 06/05/2015

Last Buyer's Agent

Cindy Wu

Century 21 North East

Century 21 North East

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,544

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Upper, Corner
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Compactor, Refrigerator, Washer, Dryer
  • Has Basement: No
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Tile, Parquet
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in
  • Dining Room: First Floor

Exterior Features

  • Roof: Tar & Gravel
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Balcony, City View(s)

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Paved Driveway, Exclusive Parking
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: Fellsway West Condominium
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Association Pool: No
  • Association Security: Intercom
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: No
  • No Units: 55
  • Unit Building: 508

Lot Info

  • Assessor Parcel Number: M:I-14 B:1141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 28, 2025
Sold by
Chen Jing Y and Cheung David
Bought by
Zhang Lan
Seller's Agent
Eugene Lee
Lee Realty Boston
Buyer's Agent
Daniel Kessinger
Redfin Corp.
List Price
$579,999
Sold Price
$598,000
Premium/Discount to List
$18,001
3.1%
Views
23
Current Estimated Value
$612,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,686
Avg. Annual Appreciation
1.12%
Original Mortgage
$448,500
Outstanding Balance
$448,135
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,396

Purchase Details

Closed on
Aug 13, 2018
Sold by
Chan Tze C and Lei Shao F
Bought by
Cheung David and Chen Jing Y

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 29, 2015
Sold by
Ursino Maria and Ciszek Frances M
Bought by
Lei Shao F and Chan Tze C
Seller's Agent
Jeannette Myles
Bond Realty, Inc.
Buyer's Agent
Cindy Wu
Century 21 North East
List Price
$349,900
Sold Price
$331,000
Premium/Discount to List
-$18,900
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Nov 3, 1998
Sold by
Cook Robert L and Cook Celestyne R
Bought by
Ciszek Frances M Est and Ursino

Purchase Details

Closed on
Nov 10, 1988
Sold by
Fellsway West Rt
Bought by
Cook Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,200
Interest Rate
10.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $598,000 None Available
Condominium Deed $598,000 None Available
Deed -- --
Deed -- --
Not Resolvable $331,000 --
Deed $141,000 --
Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $448,500 Purchase Money Mortgage
Closed $448,500 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Previous Owner $98,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $598,000 +3.1% $453 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $579,999 +75.2% $439 / Sq Ft
07/29/2015 07/29/15 Sold $331,000 -5.4% $251 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $349,900 +5.7% $265 / Sq Ft
06/11/2015 06/11/15 Off Market $331,000 -- --
06/05/2015 06/05/15 For Sale $349,900 -- $265 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $4,544 $516,400 $0 $516,400
2024 $4,306 $505,400 $0 $505,400
2023 $4,183 $483,600 $0 $483,600
2022 $4,442 $493,000 $0 $493,000
2021 $4,486 $476,700 $0 $476,700
2020 $4,110 $447,700 $0 $447,700
2019 $3,825 $398,400 $0 $398,400
2018 $3,731 $364,400 $0 $364,400
2017 $3,408 $322,700 $0 $322,700
2016 $3,290 $294,000 $0 $294,000
2015 -- $277,000 $0 $277,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Eugene Lee

    Lee Realty Boston

    (617) 594-4439

    1 in this area

    12 Total Sales

    Eugene Lee
    Section Image

  • J

    Seller's Agent in 2015

    Jeannette Myles

    Bond Realty, Inc.

    Section Image
  • Cindy Wu

    Buyer's Agent in 2015

    Cindy Wu

    Century 21 North East

    (781) 492-8188

    29 Total Sales

    Cindy Wu
    Section Image
See All Agents

About Fellsway West Condominium

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71851789

MLS Property Information Network (MLS PIN)

APN: MEDF-000014-000000-I001141

Massachusetts Middlesex County Medford 02155 North Medford

500 Salem St Unit 508, Medford, MA

This home is located at 500 Salem St Unit 508, Medford, MA 02155 and is currently priced at $331,000, approximately $250 per square foot. This property was built in 1988. 500 Salem St Unit 508 is a home located in Middlesex County with nearby schools including Medford High School, Mystic Valley Regional Charter School, and Cheverus Catholic School.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes