$599,999
PENDING $15K PRICE DROP

Estimated payment $3,901/month

Total Views 8,806
3 Beds
2 Baths
1,321 Sq Ft
$454 Price per Sq Ft

Highlights

  • Property is near public transit
  • Balcony
  • Park
  • Wood Flooring
  • 1 Car Attached Garage
  • Shops

About This Home

Welcome to 500 Salem Street, one of Medford’s most desirable condo communities! This bright and spacious 7th-floor unit offers 3 bedrooms, 2 full baths, and plenty of room to spread out. Enjoy an open-concept living and dining area with oversized windows that fill the home with natural light and showcase sweeping skyline views.The primary suite features a private full bath and generous closet space, while two additional bedrooms offer flexibility for family, guests, or a home office. With in-unit laundry, ample storage, and a practical layout, this condo is as convenient as it is comfortable. Residents enjoy professionally managed building with an elevator for easy living. The location is unbeatable—just minutes from Medford Square, shopping, dining, and public transportation. Quick highway access makes commuting to Boston and surrounding areas a breeze. This rare 3-bedroom opportunity at 500 Salem Street combines comfort, convenience, and location—perfect for today’s lifestyle.

Listing Agent

Myrna Jean-Charles

Open Circle Realty Group LLC Listed on: 09/16/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1988

HOA Fees

  • $389 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Off-Street Parking

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,321 Sq Ft Home
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number M:I14 B:1157,634540

Community Details

Overview

  • Association fees include water, sewer, security, snow removal
  • 55 Units
  • High-Rise Condominium
  • 8-Story Property

Amenities

  • Shops

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,306

Year Built

Built in 1988

Lot Details

0

HOA Fees

$389 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High-Rise
  • Year Built: 1988
  • Entry Level: 7
  • Year Built Details: Actual
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: N
  • Above Grade Finished Sq Ft: 1321
  • Living Area: 1321
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: AN8074

Exterior Features

  • Exterior Features: Balcony
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 388.82
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Association Fee Includes: Water, Sewer, Security, Snow Removal

Lot Info

  • Parcel Number: M:I14 B:1157,634540
  • Zoning: RH
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4306

Multi Family

  • Number Of Units Total: 55
  • Basement Included Sq Ft: No

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,241 $277,000 $0 $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2025 11/02/25 Pending -- -- --
10/15/2025 10/15/25 Price Changed $599,999 -2.4% $454 / Sq Ft
09/16/2025 09/16/25 For Sale $614,900 -- $465 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $189,000 --
Deed $114,000 --
Deed $142,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 No Value Available
Previous Owner $119,000 Purchase Money Mortgage
Previous Owner $104,000 Purchase Money Mortgage
Previous Owner $101,000 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73431586

MLS Property Information Network (MLS PIN)

APN: MEDF-000014-000000-I001157