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Single Family ResidenceResidential
$527,872$189 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $4,000 on Jun 2, 1984

40 MELROSE ST

FALL RIVER, MA 02723
3
Beds
2.5
Baths
2,790 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1987
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$528K
$489K low$566K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$4,000 · Jun 2, 1984
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$527,872
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$422,298

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,438 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$387,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$120,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$267,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$533,615

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Split Foyer
CountyBRISTOL
Lot (acres)The size of the land the home sits on, from county records.0.23
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Steam
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Edmond P. Talbot Middle SchoolC-
Middle · Grades 6–8 · 0.1 mi
E
Mary Fonseca Elementary SchoolC+
Elementary · Grades KG–5 · 0.8 mi
H
B.M.C. Durfee High SchoolD
High · Grades 9–12 · 1.5 mi

District: Fall River School District

Neighborhood · ZIP 02723These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.159
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.58

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.8%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.25%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.17,401
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,565 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$48,789
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70,819
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Melrose St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 93% of homes in Fall River 02723
  • Among the lowest price per square foot in Bristol County
  • Bigger than 86% of homes in Bristol County
  • Has a bigger lot than 85% of homes in Fall River 02723
  • Newer than 88% of homes in Fall River 02723

What homes are worth in Fall River 02723

Each bar is how many homes fall in that price range. The marker is this home.

This home
$217K$622K

This home is worth more than 93% of homes in Fall River 02723.

How it measures up in Fall River 02723

The dot is this home. The mark in the middle is the typical home in Fall River 02723.

Estimated value$527,872
CheaperTypical $405,148Pricier

Pricier than 93% of homes nearby

Price per ft²$189
CheaperTypical $270Pricier

Pricier than 6% of homes nearby

Living area2,790 ft²
SmallerTypical 2,162 ft²Bigger

Bigger than 66% of homes nearby

Lot size0.23 ac
SmallerTypical 0.13 acBigger

Bigger than 85% of homes nearby

Year built1987
OlderTypical 1928Newer

Newer than 88% of homes nearby

How 40 Melrose St ranks against every home in each area.
MeasureThis homeFall River 02723Bristol County
Estimated valuepricier than$527,87293% of homes50% of homes
Price per ft²pricier than$1896% of homesalmost no homes
Living areabigger than2,790 ft²66% of homes86% of homes
Lot sizebigger than0.23 ac85% of homes32% of homes
Year builtnewer than198788% of homes72% of homes

About 40 Melrose St

How much is 40 Melrose St, Fall River, MA worth?

The TopHap Estimate for 40 Melrose St, Fall River, MA is $527,872 as of Jul 14, 2026. The likely range is $489,391 to $566,353. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Melrose St, Fall River, MA last sell?

40 Melrose St, Fall River, MA last sold on Jun 2, 1984 for $4,000, according to the county's recorded deed.

How big is 40 Melrose St, Fall River, MA?

40 Melrose St, Fall River, MA has 3 bedrooms, 2.5 bathrooms, 2,790 square feet of living space and a 0.23-acre lot.

When was 40 Melrose St, Fall River, MA built?

40 Melrose St, Fall River, MA was built in 1987, making it 39 years old. It is a split foyer home. The building has 1 story.

What schools serve 40 Melrose St, Fall River, MA?

40 Melrose St, Fall River, MA is assigned to Edmond P. Talbot Middle School (middle), rated C-; Mary Fonseca Elementary School (elementary), rated C+; B.M.C. Durfee High School (high), rated D. All sit in Fall River School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Melrose St, Fall River, MA compare to other homes in Fall River 02723?

Among the 2,761 homes in Fall River 02723, it is worth more than 93% of them ($527,872 against a typical $405,148), its price per square foot is higher than 6% of them ($189 against a typical $270), it is bigger than 66% of them (2,790 ft² against a typical 2,162 ft²), its lot is bigger than 85% of them (0.23 ac against a typical 0.13 ac) and it is newer than 88% of them (1987 against a typical 1928). Measured against all of Bristol County, it is worth more than 50% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Melrose St, Fall River, MA?

The 2025 property tax bill for 40 Melrose St, Fall River, MA was $4,438. The county assessed it at $387,600.

More homes on Melrose St

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Assigned schools

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