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550 Spring St. # 4, Fall River MA 02721

Fall River, MA 02721
$391,900
Est. $2,412/month
3
Beds
2.5
Baths
1,920
Sq Ft
$204
Price/Sq Ft
2023
Year Built
17
Days on Market
Closed Listed Mar 24, 2024 • MLS# 73215837 Copied!

About this home

Welcome to the Five on Spring townhomes. New Construction located in the Fall River arts overlay district close by to downtown, highway access, bus terminal station and just over 1 mile from the SouthCoast MBTA commuter rail. Each unit offers 3 floors of a spacious modern design with just over 1900 sq ft of living space, 3 beds, 2.5 baths, central heating/AC, all cabinetry with quartz countertops, laundry hook ups in each unit, 2 deeded parking spaces, and much more.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2023
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,920 sq ft
Total Rooms
10
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $384,900
Final Sale Price: $391,900
Difference: +$7,000 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $200
Sale $/sq ft: $204
This property sold for $204 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$204/sq ft
Area Average
$245/sq ft
Difference
16.8%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2023
Living Area 1,920 sq ft
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 10

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Microwave, Refrigerator, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Deeded
Total Spaces 2

Utilities

Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Icemaker Connection

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring:
Appliances: Range, Dishwasher, Microwave, Refrigerator, Plumbed For Ice Maker
Interior Features:
Windows:
Basement: N
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 2023
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned, Deeded

Location

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Neighborhood

550 Spring St. # 4, Fall River MA 02721

Fall River, MA 02721

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
HOA Fee $230/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.8%
Price Range
20
Total Days on Market

Property Timeline

Sold
May 10, 2024
$391,900
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 24, 2024
$384,900
Original listing
Agent: Fred Grizotte Office: Paiva Real Estate Services, LLC

Price & Status History

Date Event Price Change
Mar 24, 2024 New Listing Added $384,900

Market Statistics

Days on Market
17 days
Price per Sq Ft
$204

Tax History

Year Taxes Assessment
Tax history not available

Financial Details

Annual Property Tax
$0
HOA Fee
$230
Monthly
Assessed Value
$0

Listing Information

Listing Agent Fred Grizotte
Listing Office Paiva Real Estate Services, LLC
Agent MLS ID CN247703
Office MLS ID AN1801
Listing Data Updated May 10, 2024 9:47 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Fall River, MA

Real-time market trends and pricing data for this area

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