CCertihomes
500 Salem St #505, Medford, MA 02155

$3,300

3 beds 2 baths 1,243 sqft Built 198853 days on marketActive

About this home

***Price reduction*** Check out the tremendous value in this rare, freshly painted upper-level corner 3 BR / 2 BA condo unit, located just off Rt 60 in Medford! Convenient to everything, it’s a short ride to Boston, close to Rt 93 and has multiple bus options close to the building, along with the Orange line that is only 3/4 mile away. Enter and immediately find an inviting, open dining/living room combo, with the bright galley kitchen on the left side. Sunny master BR on the right has a large walk-in closet & full bath. Two more bedrooms are on the opposite side, both with ample closet space, and separated by a 3/4 bath. FREE in-unit laundry is there for more convenience. Step outside to your private balcony and enjoy views of the Boston skyline. Shopping, restaurants & small shops are nearby, in addition to Fellsmere Pond and the scenic Middlesex Fells. Comes with 2 assigned parking spots (one inside the garage). Must have good credit. No smoking & no pets allowed.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$595/mo

Real estate (PITI + HOA + PMI)
$81
Principal + interest$21
Property tax + insurance$59
PMI / 2nd mortgage$1
Utilities
$528
Heating + cooling$102
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$147
Car insurance + maintenance$147
Other (entertainment)
$158
$595/mo TLC
Budget$5,000/mo
Remaining after TLC$4,405/mo
Purchase price
$3,300
Down payment
$165 (5%)
Loan amount
$3,135
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
1988
Lot size
Stories
0
Heating
Central, Forced Air
Cooling
Water
HOA
Annual tax
MLS #
73214010
County
Middlesex

At a glance

Garage (1)
Dishwasher
Balcony

Home features

Appliances
RangeDishwasherRefrigeratorFreezerWasherDryerRange Hood
Interior
ElevatorSingle Living Level
Exterior
BalconyCity View(s)
Community
Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityConservation AreaHighway Access
Kitchen
Flooring - Stone/Ceramic Tile

Neighborhood — 02155

MetricThis ZIPCountyUSA
Population54,2126,444,931299,088,112
Population Change Since1990-3.00%7.00%20.00%
Population Density6,637786
Male25,6833,127,134147,432,321
Female28,5293,317,797151,655,844
Never Married17,1261,612,88563,775,926
Married20,1302,586,314123,120,365
Separated1,776247,85712,639,686
Widowed3,799363,59415,467,586
Divorced3,299436,88823,075,029
Number Of House Hold21,8732,431,591111,826,380
Average House Hold Size2.422.562.60
Medial Age38.6237.2535.46
Median House Hold Income$58,761$57,698$48,276
Average House Hold Income$68,303$75,023$63,629
P C I$27,854$29,196$24,529
M D I$48,798$48,105$41,133
A T H E$53,922$57,083$50,898
S T R5.00%5.00%
W C J79.54%81.38%77.74%
(Zip) Code
2155

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 3/19/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.