3 months on rocket

245 Madison St, Fall River, MA, 02720

$424,000

Home List Price

$5,035*

Closing Credit

4 Bedrooms
2 Full Baths
2,196 SqFt
$193/SqFt
House

Location

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245 Madison St, Fall River$424,000

Buyer Closing Credits

$5,035*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Paved
Year Built1900
HeatingSteam, Oil
CoolingNone
BasementYes
MLS #73285000
Lot Size0.11 Acres
StatusActive

About 245 Madison St

Welcome to the Highlands! This charming colonial blends old-world elegance with modern convenience, offering a spacious and character-filled home across three levels. Inside you'll find a bright five-year-old kitchen featuring granite countertops, beautifully updated bathrooms, and a 200-amp electrical service. Gleaming hardwood floors flow throughout, enhancing the home's sophisticated feel. The large living room, complete with a fireplace and expansive windows, is bathed in natural light, creating a warm and inviting atmosphere. Detailed built-ins add unique character and functionality. The second floor features four generously sized bedrooms and a full bath, while the third level includes two additional versatile rooms. Outside, enjoy a fenced yard ideal for summer fun and a convenient shed for all your outdoor storage needs. Conveniently located this property is walking distance to the future train station, schools, shopping and less than a mile to major highways.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Living Area: 2,196 SqFt

Listing Office:

  • Office Name: Keller Williams South Watuppa
  • Office Phone: (508) 677-3233
  • Listing Agent: Dawn Mercer

Interior Features

Interior Information:

  • Appliances: Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Bonus Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Deck, Fenced Yard

Parking Information:

  • Parking: Off Street, Paved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Steam, Oil
  • Cooling: None

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $3,835
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fall River, MA.

Med. Sold Price

$480K

Med. Price/SqFt

$225

Avg. Days On Market

35

# of Sold Homes

47

245 Madison St vs Fall River

109 DAYS ON ROCKET

+74 Days

$424,000

-$56K Less

$193/SqFt

-$33 Less

KEY TAKEAWAY

This property is $56K less than the Median Sold Price and $33/SqFt less than other homes in Fall River, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73285000

Listing Office:

  • Office Name: Keller Williams South Watuppa
  • Office Phone: (508) 677-3233
  • Listing Agent: Dawn Mercer

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2021Home Sold
$369,000
Apr 18, 2018Home Sold
$265,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,835$277,300
2020$3,774$261,200
2019$2,900$198,900
2018$2,848$194,800
2017$2,701$192,900

History based on county public records data.

Payment Calculator

$2,184

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,338

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1020050
6
/10
  • Spencer Borden

  • 1400 President Ave

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-1020051
5
/10
  • James Tansey

  • 711 Ray St

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-1020052
2
/10
  • Mary Fonseca Elementary School

  • 160 N Wall St

  • 0.89 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,176. The most common annual income of people living in Fall River, MA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Fall River, MA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Fall River, MA?

The housing landscape in Fall River is characterized by a mix of architectural styles, with a significant number of properties reflecting Victorian and colonial influences. Single-family homes are prevalent, but there is also a substantial presence of multi-family units and apartment complexes that cater to a range of preferences and needs. The market is diverse, with a blend of historic homes and more contemporary constructions, reflecting the city's long-standing residential development.

Is Fall River, MA a good place to live?

Fall River prides itself on its rich history and cultural heritage, with the Battleship Cove maritime museum and the annual Great Holy Ghost Festival highlighting the community's vibrant character. The city is celebrated for its waterfront attractions and the Lizzie Borden House, which adds a unique aspect to the local lore. Residents enjoy a sense of community bolstered by these shared cultural touchstones and events.

Are things conveniently located in Fall River, MA?

Residents of Fall River have access to a variety of essential services. The educational landscape includes numerous public schools at the elementary, middle, and high school levels, as well as private institutions that offer alternative educational opportunities. Healthcare is supported by local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. The city also features a public library system that serves as a resource for learning and community engagement. Retail and dining options are plentiful, reflecting the city's diverse cultural influences, with an emphasis on local cuisine and businesses.

What does the transportation in Fall River, MA look like?

Transportation options in Fall River facilitate both private and public transit needs. The city's bus service provides residents with connections to key areas within the city and neighboring communities, with varying schedules throughout the day. While ride-share services are available, the city also supports walkability in its more densely populated areas, with efforts to improve pedestrian infrastructure. Major highways, such as Interstate 195, offer convenient access for commuters and travelers, connecting Fall River to the broader region.

Frequently Asked Questions About 245 Madison St

What is the listing price of this property?

The listing price of 245 Madison St property is $424,000.

What type of property is this?

The property 245 Madison St is a house located in Fall River, Massachusetts, 02720.

Is this property for sale now?

Active Listing: 245 Madison St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,835 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 2021 for $369,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 245 Madison St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 245 Madison St is 2,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Madison St is 1900.

Rocket HomesMassachusettsBristol CountyFall River02720245 Madison St

This home is located at 245 Madison St in Fall River, MA and zip code 02720. This 2,196 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $424,000.

While more than 32 listings in Fall River, MA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 13 were sold below. In November 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $480,000.

From Rocket Homes Real Estate and based on county public records data.

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