Fellsway West Condominium 500 Salem St Unit 508 Medford, MA 02155
North Medford Neighborhood
3
Beds
2
Baths
1,321
Sq Ft
1988
Built
Highlights
- Medical Services
- Corner Lot
- Elevator
- Property is near public transit
- Jogging Path
- Balcony
About This Home
As of February 2025Don'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.
Last Buyer's Agent
Daniel Kessinger
Redfin Corp.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,306
Year Built
- Built in 1988
Lot Details
- Near Conservation Area
- Two or More Common Walls
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Parking Storage or Cabinetry
- Garage Door Opener
- Deeded Parking
Home Design
- Frame Construction
- Rubber Roof
Interior Spaces
- 1,321 Sq Ft Home
- 1-Story Property
- Sliding Doors
- Dining Area
Kitchen
- Range
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry in unit
- Electric Dryer Hookup
Home Security
- Intercom
- Door Monitored By TV
Schools
- Roberts Elementary School
- Andrews Middle School
- Medford High School
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
Additional Features
- Balcony
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 634577
Community Details
Overview
- Association fees include sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 55 Units
- Mid-Rise Condominium
- Fellsway West Condominium Community
Amenities
- Medical Services
- Shops
- Coin Laundry
- Elevator
Recreation
- Park
- Jogging Path
- Bike Trail
Pet Policy
- No Pets Allowed
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,682
Avg. Annual Appreciation
1.38%
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
6.14%
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
Similar Homes in Medford, MA
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Home Values in the Area
Average Home Value in this Area
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
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
-
D
Buyer's Agent in 2025
Daniel Kessinger
Redfin Corp.
-
J
Seller's Agent in 2015
Jeannette Myles
Bond Realty, Inc.
-
C
Buyer's Agent in 2015
Cindy Wu
Century 21 North East
About Fellsway West Condominium
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73326076
APN: MEDF-000014-000000-I001141
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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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