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533 Locust St APT 8, Fall River, MA, 02720

1beds
1baths
1,000sqft
$229,900
$230price/sqft
$2,085/moest. monthly cost
$83,400/yrincome needed

About This Home

Discover a truly one-of-a-kind condominium in Fall River's historic Highlands neighborhood. This stunning 1-bedroom, 1-bath residence showcases beautiful original woodwork, soaring ceilings framed by crown molding, oversized windows, a marble fire-place and a rare second-level, top floor, lookout tower that creates a unique and charming living experience with sweeping views of the city. The updated kitchen features stainless steel appliances while preserving the home's historic character. The unit includes heat, along with one off-street parking space. Conveniently located near the commuter rail, restaurants, highways, and local amenities.

Getting Around

83
WalkingVery Walkable
48
TransitSome Transit
53
BikeBikeable

Schools

3/10
WestallGrades K-50.3 mi
3/10
Morton Middle SchoolGrades 6-80.8 mi
2/10
B M C Durfee High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 1,000

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,000
  • Total interior livable area: 1,000 sqft

Property

Details

  • Parcel number: M: 0M28 B: 0000 L: 0036,4752729
  • Attached to another structure: Yes
  • Zoning: A-2

Lot

  • Lot size: 0.29 Acres

Parking

  • Total spaces: 1
  • Uncovered spaces: 1

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

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

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 $1,162$13,944
Home Insurance *$99$1,188
Property Taxes $470$5,640
Electricity $354$4,259
Total$2,085$25,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,485/yr
40% on housing$62,550/yr
45% on housing$55,600/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: 7.0%
7.0%
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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 02720$220
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02720$264
Bristol County$339

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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Price change$219,900
2026-07-21Listed for sale$229,900
2026-03-11Listing removed$1,750
2025-11-05Listed for rent$1,750
2024-02-28Listing removed--
2024-02-21Listed for rent$1,700
2019-06-20Listing removed$1,000
2019-05-14Price change$1,000
2019-04-01Listed for rent$1,100
2018-03-20Listing removed$1,050
2018-02-28Price change$1,050
2018-02-08Listed for rent$1,100
1994-03-09Sold$45,900

For Sale by Agent

AgentThe J. Pavao Team
BrokerageKeller Williams South Watuppa

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