CCertihomes
500 Salem Street #702, Medford, MA 02155

$548,800

2 beds 2 baths 1,113 sqft Built 19887 days on marketActive

About this home

High rise SERENITY SUITE in a great location! Sunlit, modern 7th floor, 2bd/2bth suite in back of building. Enjoy Nature and Skyline views from your private balcony Open concept Living rm/Dining rm. Updated eat-in Oak and Quartz kitchen with recessed lights and stainless steel appliances. Master Suite with walk-in closet and full bath. Washer/Dryer in unit, central a/c, deeded off street parking and storage. Bus stop outside building to Malden Orange Line T- or a 14-minute stroll. Easy access to Rte 93, 28, or 60. Target w/grocery, restaurants & conveniences in neighborhood. Professionally managed and well kept building with elevator. Unit is currently rented until August 31 @ $2700. No pets. No smoking.

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
$5,192/mo

Real estate (PITI + HOA + PMI)
$5,284
Principal + interest$3,539
Property tax + insurance$1,197
HOA$342
PMI / 2nd mortgage$206
Utilities
$460
Heating + cooling$93
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$147
Car insurance + maintenance$147
Other (entertainment)
$158
$5,192/mo TLC
Budget$5,692/mo
Remaining after TLC$500/mo
Purchase price
$548,800
Down payment
$27,440 (5%)
Loan amount
$521,360
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
1988
Lot size
Stories
1
Heating
Heat Pump, Electric
Cooling
Central Air
Water
Public
HOA
$342 / Monthly
Annual tax
$3,838
MLS #
73237682
County
Middlesex

At a glance

Air conditioning
Basement
Dishwasher
Balcony

Home features

Appliances
RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryer
Interior
Walk-In Closet(s)Entrance Foyer
Exterior
Balcony
Community
Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathConservation AreaHighway AccessHouse of WorshipMarinaPrivate SchoolPublic SchoolT-StationUniversity
Parking
Assigned
Kitchen
Recessed LightingLighting - OverheadArchway
Security
Intercom
Flooring
Tile, Laminate, Flooring - Stone/Ceramic Tile
Roof
Rubber
Sewer
Public Sewer

Schools

Elementary
Roberts
Middle
Andrews
High
Medford

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.

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MLSPIN

Listing information last refreshed 5/14/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.