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  3. Medford, MA
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  5. 500 Salem St
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500 Salem St

500 Salem St, Medford, MA, 02155

YEAR BUILT

1988

# STORIES

1

# TOTAL UNITS

48

UNIT SIZE RANGE

1,086-1,421 sqft

Description

500 Salem St sits in Medford, near Broadway and Mt. Vernon Street. This low-rise building consists of 48 condo units, built in 1988. Residents can enjoy views of the city. The building allows easy access to nearby highways and public transportation. Unit sizes range between 1,086 to 1,421 square feet. The building includes 2 and 3-bedroom layouts. Unit prices range from $580,000 to $598,000. The average closed price over the past year is around $583,600, with the lowest sold price at approximately $565,000. The average price per square foot is $473. Amenities enhance daily life, including a pool, clubhouse, and sauna. Other offerings include tennis courts, bike paths, and a golf area. Parking remains hassle-free with designated deeded spaces. The professionally managed building provides central air conditioning and an elevator for ease of access. Nearby dining options include Lucky Star Chinese Restaurant and Alfredo. For education, the public school Class Size of One serves the local area. Parks like Fellsmere Pond and Middlesex Fells are also close by, adding to recreational opportunities. The building creates a blend of comfort and convenience within the Medford area. A short drive or train ride connects to Medford Square, Malden, and Wellington T stations. Shopping and entertainment venues like Assembly Row and Station Landing provide added enjoyment. This space makes urban living relaxed while maintaining access to vibrant community life.

Building ImageMLS ID #73431586
Building ImageMLS ID #73431586
Building Image
Building ImageView Listing

500 Salem St

500 Salem St, Medford, MA, 02155

YEAR BUILT

1988

# STORIES

1

# TOTAL UNITS

48

UNIT SIZE RANGE

1,086-1,421 sqft

Description

500 Salem St sits in Medford, near Broadway and Mt. Vernon Street. This low-rise building consists of 48 condo units, built in 1988. Residents can enjoy views of the city. The building allows easy access to nearby highways and public transportation. Unit sizes range between 1,086 to 1,421 square feet. The building includes 2 and 3-bedroom layouts. Unit prices range from $580,000 to $598,000. The average closed price over the past year is around $583,600, with the lowest sold price at approximately $565,000. The average price per square foot is $473. Amenities enhance daily life, including a pool, clubhouse, and sauna. Other offerings include tennis courts, bike paths, and a golf area. Parking remains hassle-free with designated deeded spaces. The professionally managed building provides central air conditioning and an elevator for ease of access. Nearby dining options include Lucky Star Chinese Restaurant and Alfredo. For education, the public school Class Size of One serves the local area. Parks like Fellsmere Pond and Middlesex Fells are also close by, adding to recreational opportunities. The building creates a blend of comfort and convenience within the Medford area. A short drive or train ride connects to Medford Square, Malden, and Wellington T stations. Shopping and entertainment venues like Assembly Row and Station Landing provide added enjoyment. This space makes urban living relaxed while maintaining access to vibrant community life.

Next

Description

500 Salem St sits in Medford, near Broadway and Mt. Vernon Street. This low-rise building consists of 48 condo units, built in 1988. Residents can enjoy views of the city. The building allows easy access to nearby highways and public transportation. Unit sizes range between 1,086 to 1,421 square feet. The building includes 2 and 3-bedroom layouts. Unit prices range from $580,000 to $598,000. The average closed price over the past year is around $583,600, with the lowest sold price at approximately $565,000. The average price per square foot is $473. Amenities enhance daily life, including a pool, clubhouse, and sauna. Other offerings include tennis courts, bike paths, and a golf area. Parking remains hassle-free with designated deeded spaces. The professionally managed building provides central air conditioning and an elevator for ease of access. Nearby dining options include Lucky Star Chinese Restaurant and Alfredo. For education, the public school Class Size of One serves the local area. Parks like Fellsmere Pond and Middlesex Fells are also close by, adding to recreational opportunities. The building creates a blend of comfort and convenience within the Medford area. A short drive or train ride connects to Medford Square, Malden, and Wellington T stations. Shopping and entertainment venues like Assembly Row and Station Landing provide added enjoyment. This space makes urban living relaxed while maintaining access to vibrant community life.

500 Salem St Market Stats Last 12 months

Avg. Listed Price$564,760($458/Sqft.)
Avg. Sale Price$583,600($473/Sqft.)
Year over year list priceUp Arrow2.45%
Year over year sale priceUp Arrow 5.63%
Total Listings5 Listed
Total sold5 Sold
Average Days on Market43 days
Average HOA fees per sqft$4 /monthly
Next

Market Stats

Year over year list priceUp Arrow2.45%
Year over year sale priceUp Arrow5.63%
Total Listings5 Listed
Total sold5 Sold
Average Days on Market43 days
Average HOA fees per sqft$4 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

500 Salem St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 7087081321321132026-01-07
MLS#: 73431586 		Closed$618,000
Unit 508508132132452025-02-28
MLS#: 73326076 		Closed$598,000
Unit 804804125832442025-02-28
MLS#: 73326289 		Closed$575,000
Unit 508
508

3 Beds

2 Baths

1321 sqft

DateStatusPrice
2025-02-28Closed$598,000
MLS#: 73326076
Days On Market45
Unit 708
708

3 Beds

2 Baths

1321 sqft

DateStatusPrice
2026-01-07Closed$618,000
MLS#: 73431586
Days On Market113
Unit 804
804

3 Beds

2 Baths

1258 sqft

DateStatusPrice
2025-02-28Closed$575,000
MLS#: 73326289
Days On Market44
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Living at Fellsway West comes with some enticing amenities that add to the charm of condo living. Picture yourself enjoying sunny afternoons at the tennis courts or taking a refreshing dip in the pool. If you want to indulge in relaxation, there’s a sauna/steam room, perfect for winding down after a long day. Active lifestyles are accommodated with access to bike paths, and for those who enjoy a little socializing, the clubroom offers a great spot to meet your neighbors. Whether you’re a sports enthusiast or someone who just likes to unwind, there's something here for everyone.

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Amenities Description

Living at Fellsway West comes with some enticing amenities that add to the charm of condo living. Picture yourself enjoying sunny afternoons at the tennis courts or taking a refreshing dip in the pool. If you want to indulge in relaxation, there’s a sauna/steam room, perfect for winding down after a long day. Active lifestyles are accommodated with access to bike paths, and for those who enjoy a little socializing, the clubroom offers a great spot to meet your neighbors. Whether you’re a sports enthusiast or someone who just likes to unwind, there's something here for everyone.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Security System

Security System

Tennis Court(s)

Tennis Court(s)

Storage

Storage

Balcony

Balcony

Pool

Pool

Policies

Fellsway West Condominium maintains a relaxed environment, creating a stress-free living experience for all residents. The building policies are designed to ensure the comfort and peace of mind of every homeowner, contributing to the overall inviting vibe of this community.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
500 Salem St$473/sqft.$4 /sqft.
Fellsway West Condominiums$473/sqft.$4 /sqft.
35 Lambert St$540/sqft.$6 /sqft.
232 Fellsway W$499/sqft.$6 /sqft.
15 Walker Street Condominiums$424/sqft.$5 /sqft.
244 Central Ave$610/sqft.$4 /sqft.

Nearby Schools

In North Medford, 500 Salem St benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Beebe

C+
Public|Grades KG–8
401 Pleasant St|0.53 miles away

Roberts Elementary School

C-
Public|Grades PK–5
35 Court St|0.55 miles away

Andrews Middle School

B
Public|Grades 6–8
3000 Mystic Valley...|1.01 miles away

Cheverus Catholic School

--
Private|Grades PK–8
30 Irving St|1.14 miles away

McGlynn Elementary School

C-
Public|Grades PK–5
3002 Mystic Valley...|1.15 miles away

McGlynn Middle School

C-
Public|Grades 6–8
3004 Mystic Valley...|1.18 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

In North Medford, 500 Salem St benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

Beebe

C+
Public|Grades KG–8
401 Pleasant St|Less than 1 Mile Away

Roberts Elementary School

C-
Public|Grades PK–5
35 Court St|Less than 1 Mile Away

Andrews Middle School

B
Public|Grades 6–8
3000 Mystic Valley...|1.01 Miles Away

Cheverus Catholic School

--
Private|Grades PK–8
30 Irving St|1.14 Miles Away

McGlynn Elementary School

C-
Public|Grades PK–5
3002 Mystic Valley...|1.15 Miles Away

McGlynn Middle School

C-
Public|Grades 6–8
3004 Mystic Valley...|1.18 Miles Away

Malden High School

C
Public|Grades 9–12
77 Salem St|1.29 Miles Away

Madeline English School

C-
Public|Grades KG–8
105 Woodville St|1.30 Miles Away

Malden Early Learning Center

--
Public|Grades PK–PK
257 Mountain Ave|1.41 Miles Away

Ferryway

C+
Public|Grades KG–8
150 Cross St|1.55 Miles Away

Columbus Elementary School

D
Public|Grades PK–5
37 Hicks Ave|1.73 Miles Away

Curtis-Tufts

--
Public|Grades 11–12
437 Main St|1.77 Miles Away

Medford High School

C
Public|Grades 9–12
489 Winthrop St|1.88 Miles Away

Arthur D Healey

C-
Public|Grades PK–8
5 Meacham St|1.91 Miles Away

Adams School

--
Public|Grades PK–PK
78 Tileston St|1.96 Miles Away

Lafayette School

D+
Public|Grades KG–8
117 Edith St|1.97 Miles Away

Brooks Elementary School

B-
Public|Grades PK–5
388 High St|2.00 Miles Away

Transit

Located in North Medford, 500 Salem St is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Medford. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

116 Riverside Ave

0.98 miles away|19 min walk

1250 Fellsway

0.22 miles away|5 min walk

14 Summer St

0.8 miles away|16 min walk

160 Main St

1.33 miles away|26 min walk

163 Riverside Ave

0.93 miles away|18 min walk

202 Main St

1.83 miles away|36 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in North Medford, 500 Salem St is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Medford. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

116 Riverside Ave

0.98 miles away|19 min walk

1250 Fellsway

0.22 miles away|5 min walk

14 Summer St

0.8 miles away|16 min walk

160 Main St

1.33 miles away|26 min walk

163 Riverside Ave

0.93 miles away|18 min walk

202 Main St

1.83 miles away|36 min walk

210 Lyme St

1.79 miles away|35 min walk

238 High St opp Essex St

1.59 miles away|31 min walk

238 Main St

2 miles away|39 min walk

23 Bowdoin St

1.98 miles away|38 min walk

300 Winthrop St

1.5 miles away|29 min walk

305 Winthrop St

1.49 miles away|29 min walk

310 Main St

1.1 miles away|22 min walk

326 Mystic Ave

1.54 miles away|30 min walk

349 Washington St

1.36 miles away|27 min walk

350 Riverside Ave

0.95 miles away|19 min walk

377 Washington St

1.39 miles away|27 min walk

37 Riverside Ave @ Medford Sq

1.09 miles away|21 min walk

390 Salem St

0.3 miles away|6 min walk

3 Woodland Rd

1.85 miles away|36 min walk

400 Riverside Ave opp Linden St

0.95 miles away|19 min walk

41 Highland Ave opp Devir St

0.79 miles away|16 min walk

420 Eastern Ave

1.65 miles away|32 min walk

435 Eastern Ave

1.64 miles away|32 min walk

468 Salem St opp Dell St

1.97 miles away|38 min walk

475 Winthrop St @ Temple Shalom

1.83 miles away|35 min walk

55 George St opp Wedgemere Rd

1.53 miles away|30 min walk

617 Highland Ave

0.68 miles away|13 min walk

61 Locust St

1.19 miles away|23 min walk

62 Belmont St opp Kinsman St

1.56 miles away|30 min walk

Belmont St @ Kinsman St

1.55 miles away|30 min walk

Belmont St @ Main St

1.44 miles away|28 min walk

Boston Ave @ Hillsdale Rd

1.95 miles away|38 min walk

Boston Ave @ North St

2 miles away|39 min walk

Boston Ave @ Piggott Rd

1.94 miles away|38 min walk

Boston Ave @ Tufts Garage

1.83 miles away|36 min walk

Boston Ave @ Winthrop St

1.89 miles away|37 min walk

Bowdoin St @ Willow St

1.95 miles away|38 min walk

Bryant St @ Harvard St

1.88 miles away|37 min walk

Bryant St @ Willow St

1.78 miles away|35 min walk

Centre St @ Ferry St

1.19 miles away|23 min walk

Centre St @ Jackson St

0.97 miles away|19 min walk

Centre St @ Main St

1.14 miles away|22 min walk

Centre St @ Pleasant St

0.63 miles away|13 min walk

Centre St @ Stop & Shop

0.97 miles away|19 min walk

City Hall Mall @ Salem St - Medford City Hall

0.99 miles away|19 min walk

Clifton St @ Cedar St

0.79 miles away|16 min walk

Clifton St @ Dexter St

0.67 miles away|13 min walk

Clifton St @ Highland Ave

0.59 miles away|12 min walk

Clifton St @ Kernwood St

0.77 miles away|15 min walk

The Neighbourhood: North Medford

North Medford is a close-in neighborhood near Boston. The area features green spaces, riverfront trails, and small parks for outdoor recreation. This district has a range of shops, cafes, and services along busy commercial streets. The area includes local schools and basic health clinics that serve families and support daily life. Community centers host events and neighborhood markets that bring people together. Bus routes run through the area and connect to regional transit and major roads for commuting. Drivers can reach downtown Boston and nearby towns in a short drive.

Next

Neighbourhood Description

North Medford is a close-in neighborhood near Boston. The area features green spaces, riverfront trails, and small parks for outdoor recreation. This district has a range of shops, cafes, and services along busy commercial streets. The area includes local schools and basic health clinics that serve families and support daily life. Community centers host events and neighborhood markets that bring people together. Bus routes run through the area and connect to regional transit and major roads for commuting. Drivers can reach downtown Boston and nearby towns in a short drive.

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500 Salem St Demographics

Age Demographics

0–14 Years

13.01%

15–29 Years

23.87%

30–44 Years

22.58%

45–59 Years

20.83%

60+ Years

19.7%

Commute

22.91%

Transit

2.03%

Walk

59.17%

Drive

0.8%

Bike

Housing Ownership

51.54%

Owner Occupied

48.46%

Rental Units

Household Types

Single Family
35.37%
Multi Family
6.39%
Single Person
27.32%
Multi Person
72.68%

Average Income

Household:$9,037,424.9 /yr

Individual:$4,794,666.17 /yr

Education

Bachelors Degree30.19%
High School College22.72%
Diploma7.35%
Post Graduate20.29%
Others19.45%
Next

Education

Diploma7.35%
Post Graduate20.29%
Others19.45%
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  1. Home
  2. /Medford, MA
  3. /
    500 Salem St
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