For sale

Price cut: $5K (8/3)

$204,900

540 Cherry St #B1, Fall River, MA 02720

2beds

605sqft

$1,566/mo

Get pre-qualified

Condominium

Built in 1900

-- sqft lot

$208,700 Zestimate^®

$339/sqft

$213/mo HOA

What's special

Mature treesPrivate balconyOff-street parkingBeautiful landscaping

Welcome to Highland Terrace! Full of character and charm, this lovely 2-bedroom condo is located in the desirable Highlands area of Fall River. Conveniently located near Charlton hospital, local coffee shops, restaurants, and more. This unit features off-street parking, a private balcony, and in-unit washer/dryer hookup. Enjoy low condo fees, beautiful landscaping, mature trees and a historical feel throughout the property. Come see all this charming condo has to offer!

93 days

312

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Baseboard

Cooling

Window Unit(s)

Features

Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 605
Total interior livable area: 605 sqft
Finished area above ground: 605

Property

Parking

Total spaces: 1
Uncovered spaces: 1

Details

Parcel number: 2832950
Zoning: RES

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

Year built: 1900
Major remodel year: 1988

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash
HOA fee: $213 monthly

Location

Region: Fall River

Financial & listing details

Price per square foot: $339/sqft
Tax assessed value: $139,300
Annual tax amount: $1,605
Date on market: 5/15/2026

Estimated market value

$208,700

$198,000 - $219,000

$1,349/mo

Price history

Date	Event	Price
8/3/2026	Price change	$204,900-2.4%$339/sqft
Source: MLS PIN #73520102 Report a problem
6/9/2026	Price change	$209,900-4.5%$347/sqft
Source: MLS PIN #73520102 Report a problem
5/15/2026	Listed for sale	$219,900+282.4%$363/sqft
Source: MLS PIN #73520102 Report a problem
7/7/2017	Sold	$57,500+142.6%$95/sqft
Source: Public Record Report a problem
5/30/2017	Sold	$23,701-60.4%$39/sqft
Source: Public Record Report a problem
5/2/2017	Pending sale	$59,900$99/sqft
Source: Fall River - WEICHERT, REALTORS - SBA Group #72144578 Report a problem
4/12/2017	Listed for sale	$59,900+39.6%$99/sqft
Source: Fall River - WEICHERT, REALTORS - SBA Group #72144578 Report a problem
12/30/2015	Listing removed	$42,900$71/sqft
Source: First Tee Real Estate, LLC #71867202 Report a problem
11/17/2015	Price change	$42,900-6.5%$71/sqft
Source: First Tee Real Estate, LLC #71867202 Report a problem
10/7/2015	Price change	$45,900-6.1%$76/sqft
Source: First Tee Real Estate, LLC #71867202 Report a problem
8/20/2015	Price change	$48,900-7.6%$81/sqft
Source: First Tee Real Estate, LLC #71867202 Report a problem
7/21/2015	Listed for sale	$52,900+24.5%$87/sqft
Source: First Tee Real Estate, LLC #71867202 Report a problem
6/24/2014	Listing removed	$42,500$70/sqft
Source: RE/MAX Right Choice #71698634 Report a problem
6/14/2014	Listed for sale	$42,500-55.3%$70/sqft
Source: RE/MAX Right Choice #71698634 Report a problem
8/16/2006	Sold	$95,000+108.8%$157/sqft
Source: Public Record Report a problem
10/28/1999	Sold	$45,500-2.2%$75/sqft
Source: Public Record Report a problem
8/17/1989	Sold	$46,500+3.3%$77/sqft
Source: Public Record Report a problem
4/10/1989	Sold	$45,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,519 +14%	$132,700 +14.4%
2024	$1,333 +32.6%	$116,000 +41.6%
2023	$1,005 +5%	$81,900 +8%
2022	$957 -3.9%	$75,800 +5.3%
2021	$996 +13.1%	$72,000 +18%
2020	$881 +2.8%	$61,000 +3.7%
2019	$857 +21.9%	$58,800 +22.2%
2018	$703 -18.3%	$48,100 -21.7%
2017	$860 +5.7%	$61,400 +2.8%
2016	$814 -3.3%	$59,700 -7.3%
2015	$842 -3.4%	$64,400 -7.1%
2014	$872 +3.8%	$69,300 -1.6%
2013	$840 +5.4%	$70,400 -3%
2012	$797 +8.6%	$72,600 -10.6%
2010	$734 +1.2%	$81,200 -9.8%
2009	$725 -2.2%	$90,000 -6.8%
2008	$741 +6.2%	$96,600 -0.6%
2007	$698	$97,200