Landlord's Agent in 2023
Kelly Catallo
Realty ONE Group Cosmopolitan
(339) 221-5412
5 in this area
75 Total Sales
Fellsway West Condominium 500 Salem St Unit 707 Medford, MA 02155
North Medford NeighborhoodEstimated Value: $552,892 - $574,000
2
Beds
2
Baths
1,086
Sq Ft
1988
Built
Highlights
- Property is near public transit
- Balcony
- Shops
- Main Floor Primary Bedroom
- Park
- Coin Laundry
About This Home
As of June 2023Well kept 7th floor condominium. Carpets are being removed and laminate wood flooring being installed. Rare rental opening- 43 of 55 units are owner occupied. Open floor plan- 2 bedrooms with large closets and 2 full bathrooms on opposite ends of the condominium provide great privacy. In unit laundry. Fully applianced eat in separate kitchen. Central Air and Heat- has a Newer HVAC. Enjoy the open balcony! Express Bus to Boston.14 minute walk to the Malden Train. Steps to Grocery, Restaurants and Gym.1 car outside parking included. Additional parking spaces may be available for rent. Upfront costs include First and 1 month Security -Tenant pays 1/2 month listing broker fee-Very Good Credit and references required. Gross Household income to exceed 3X the rent. NO PETS- NO SMOKERS.
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $3,776
Year Built
- 1988
Parking
- 1 Car Parking Space
Interior Spaces
- 1,086 Sq Ft Home
- Laminate Flooring
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Balcony
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating Available
Listing and Financial Details
- Security Deposit $2,550
- Property Available on 8/15/23
- Rent includes water, sewer
- 12 Month Lease Term
- Assessor Parcel Number M:I14 B:1156,634532
Community Details
Overview
- Property has a Home Owners Association
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 19, 2022
Sold by
Bhalla Sumit and Bhalla Gunjan
Bought by
Sumgun Llc
Current Estimated Value
Purchase Details
Listed on
Apr 6, 2017
Closed on
Jun 9, 2017
Sold by
Anand Jaydeep S
Bought by
Bhalla Sumit and Bhalla Gunjan
Seller's Agent
John Veneziano
RE/MAX Andrew Realty Services
Buyer's Agent
Chuck Andre
RE/MAX Andrew Realty Services
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$255,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2003
Sold by
Hill Stephen B and Hill Barbara L
Bought by
Satyapaanand Jaydeep
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 3, 1992
Sold by
Otis Gordon A
Bought by
Hill Barbara L
Purchase Details
Closed on
Jul 3, 1990
Sold by
Mcgillivray David
Bought by
Otis Gordon A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 1988
Sold by
Fellsway West Rt
Bought by
Mcgillivray David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.19%
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 |
|---|---|---|---|
| Sumgun Llc | -- | None Available | |
| Bhalla Sumit | $340,000 | -- | |
| Satyapaanand Jaydeep | $250,000 | -- | |
| Hill Barbara L | $112,500 | -- | |
| Otis Gordon A | $118,000 | -- | |
| Mcgillivray David J | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bhalla Sumit | $244,000 | |
| Previous Owner | Bhalla Sumit | $255,000 | |
| Previous Owner | Anand Jaydeep S | $181,500 | |
| Previous Owner | Anand Jaydeep Sataypa | $200,000 | |
| Previous Owner | Satyapaanand Jaydeep | $200,000 | |
| Previous Owner | Satyapaanand Jaydeep | $24,950 | |
| Previous Owner | Mcgillivray David J | $85,000 | |
| Previous Owner | Mcgillivray David J | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2023 06/20/23 | Rented | $2,550 | 0.0% | -- |
| 06/19/2023 06/19/23 | Under Contract | -- | -- | -- |
| 06/12/2023 06/12/23 | For Rent | $2,550 | 0.0% | -- |
| 06/08/2017 06/08/17 | Sold | $340,000 | -15.0% | $313 / Sq Ft |
| 04/21/2017 04/21/17 | Pending | -- | -- | -- |
| 04/06/2017 04/06/17 | For Sale | $399,900 | -- | $368 / 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
-
-
Seller's Agent in 2017
John Veneziano
RE/MAX
(617) 840-5499
12 in this area
105 Total Sales
-
Buyer's Agent in 2017
Chuck Andre
RE/MAX
(617) 312-7156
18 in this area
113 Total Sales
About Fellsway West Condominium
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73123822
APN: MEDF-000014-000000-I001156
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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