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34 Salem St #201, Medford, MA, 02155

3beds
3baths
2,072sqft
$1,169,000
$564price/sqft
$7,401/moest. monthly cost
$296,040/yrincome needed

About This Home

Why live in a cramped city condo when you can enjoy over 2,000 square feet of sophisticated loft living just 5 miles from downtown Boston? Located in the heart of vibrant Medford Square within a beautifully converted historic theater, this distinctive home offers soaring 16-foot ceilings, exposed brick, dramatic Palladian windows, and exceptional architectural character. The flexible floor plan features 3 bedrooms, 2.5 baths, and a striking mezzanine media room/ in-home gym overlooking the main living space. The primary suite includes a spa-inspired bath with double vanity, generous closet space, and luxurious finishes. Designed for both everyday living and entertaining, the chef’s kitchen showcases Bertazzoni appliances, quartz countertops, a large center island, and a pantry closet, all flowing seamlessly into the open-concept living and dining area.The professionally managed building offers an elevator, private storage, bike storage, common patio for grilling &dog play space. & 2 deeded pkg #6/7. Step out to lively Medford Sq. where you will find a variety of restaurants, local shops, entertainment, Mystic River, easy access to Boston/ Tufts by bus, car & public transportation as well as the walking/bike trails at the Fells Reservation and don't forget the cannoli at Modern Bakery!

Getting Around

93
WalkingWalker's Paradise
57
TransitGood Transit
55
BikeBikeable

Schools

5/10
Roberts Elementary SchoolGrades PK-50.5 mi
6/10
Andrews Middle SchoolGrades 6-80.7 mi
5/10
Medford High SchoolGrades PK,9-121.2 mi

Construction

Condition

  • Year built: 1915

Materials

  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Plumbed For Ice Maker
  • Laundry features: In Unit,Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Window features: Insulated Windows
  • Flooring: Wood
  • Finished area above ground: 2,072

Heating & Cooling

  • Heating features: Central,Natural Gas,Individual
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,072
  • Total interior livable area: 2,072 sqft

Master Bathroom

  • Features: Yes

Property

Details

  • Parcel number: 5235954
  • Attached to another structure: Yes
  • Zoning: res

Features

  • Entry location: Unit Placement(Front)
  • Exterior features: Garden

Parking

  • Total spaces: 2
  • Parking features: Off Street,Deeded
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Coastal Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,911$70,932
Home Insurance *$253$3,036
Property Taxes $829$9,948
Electricity $408$4,903
Total$7,401$88,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$253,748/yr
40% on housing$222,030/yr
45% on housing$197,360/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$564This listing

vs Other Active Listings

Avg $/sqft

ZIP 02155$432
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02155$470
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$1,169,000
2026-07-13Price change$1,199,000
2026-06-12Price change$1,200,000
2026-06-03Listed for sale$1,399,000
2022-10-28Sold$1,249,000
2022-06-03Listing removed--
2022-03-29Listed for sale$1,249,000

For Sale by Agent

AgentRobin Repucci
BrokerageCompass

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