550 Spring St. # 1, Fall River MA 02721

Fall River, MA 02721
$385,000
3
Beds
2.5
Baths
1,920
Sq Ft
$201
Price/Sq Ft
2023
Year Built
2
Parking
72
Days on Market
Sold Listed Nov 29, 2023 • MLS# 73183507 Copied! • Updated Mar 22, 2024

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Sale Statistics

Sale Overview
Original List Price: $379,900
Final Sale Price: $385,000
Difference: +$5,100 (+1.3%)
Performance Metrics
101.3%
List to Sale Ratio
Sold above asking price
72
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $198
Sale $/sq ft: $201
This property sold for $201 per square foot
Sale Summary

This property sold for 1.3% above the original asking price, indicating strong buyer demand.

The property spent 72 days on market before selling.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$201/sq ft
Area Median
$224/sq ft
Difference
10.4%

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

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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Recently Sold Nearby

Property History

Market Insights

3.8%
Price Range
73
Total Days on Market

Property Timeline

Current Active Listing - MLS #73565708
Full transaction history available when tracking began
🏡
Currently Listed
Aug 19, 2026
$395,000
MLS #73565708 - Active
Sold
Mar 22, 2024
$385,000
Property sold
Days on Market: 73
🏠
Listed for Sale
Nov 29, 2023
$379,900
Original listing
Agent: Fred Grizotte Office: Paiva Real Estate Services, LLC

Tax History

Year Taxes Assessment
Tax history not available

Financial Details

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

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
Features Off Street, Assigned, Deeded
Total Spaces 2
Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Icemaker Connection
Annual Tax 0.00
Assessed Value 0.00

HOA & Community

HOA Fee $230 Monthly
Fee Includes Insurance, Snow Removal
Amenities None
Optional Fee Includes None
Seller Disclosures Listing Agent Has Ownership Interest In The Unit. Master Deed Not Yet Recorded.
Possession None
Accepted Financing Fha
Structure Type []
Unit/Building 1
Sq Ft Source Measured
Documents None
County Bristol
Total market time (incl. prior listings) 73 days

Property Overview

Property Type
Condominium
Listing Type
Sold
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

Floor Layout

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
School District
Fall River School District local
C-
School Safety 2024-25
8.4% Above Average
8.4% Suspensions 2.1% In-School
2.9% above state avg
E

Elementary Schools

10 schools
C-
John J Doran School
0.6 mi | #301 of 352 | Score: 31.3
Improved 26 spots from last year
-26.9 below state avg
525 students Diverse
Rising School Diverse Student Body
Grades PK-08
Antioch School
0.9 mi
Grades PK-08
East Gate Christian Academy
1.1 mi
Grades PK-12
Espirito Santo School
1.3 mi
Grades PK-08
Holy Name School
1.3 mi
Grades PK-08
Holy Trinity School
1.5 mi
Grades PK-08
St. Michael School
1.8 mi
Grades PK-08
D
Henry Lord Community School
1.9 mi | #321 of 352 | Score: 29.1
Improved 12 spots from last year
-29.1 below state avg
817 students Diverse
Diverse Student Body
Grades PK-08
C
Atlantis Charter School
2.0 mi | #246 of 346 | Score: 46.8
Improved 25 spots from last year
-11.4 below state avg
1,246 students Diverse
Rising School College Ready Curriculum
Grades K-12
D
Stone PK-12 School
2.1 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
M

Middle Schools

3 schools
C-
Morton Middle School
1.4 mi | #299 of 352 | Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students Diverse
Rising School Diverse Student Body
Grades 06-08
D
Matthew J Kuss Middle School
1.4 mi | #336 of 352 | Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students Diverse
Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
1.6 mi | #309 of 352 | Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

6 schools
F
Resiliency Preparatory Academy
0.6 mi | #393 of 346 | Score: 16.3
Same rank as last year
171 students Very Diverse
Diverse Student Body
Grades 07-12
C+
Argosy Collegiate Charter School
0.7 mi | #244 of 346 | Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students Diverse
7 sports • 126 athletes
Early College Program College Ready Curriculum Diverse Student Body
Grades 06-12
Fall River Deaconess Home School
0.8 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.6 mi | #242 of 346 | Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students Moderate
13 sports • 1,408 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
C+
B.M.C. Durfee High School
1.9 mi | #225 of 346 | Score: 49.2
Improved 98 spots from last year
-9 below state avg
2,642 students Diverse
18 sports • 1,452 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
Bishop Connolly High School
2.1 mi
Grades 09-12
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Location

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Neighborhood

550 Spring St. # 1, Fall River MA 02721

Fall River, MA 02721

Listing Information

Listing Agent Fred Grizotte
Listing Office Paiva Real Estate Services, LLC
Office Phone 508-970-5612
Agent MLS ID CN247703
Office MLS ID AN1801
Listing Data Updated Mar 22, 2024 1:48 PM 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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