NOT LISTED FOR SALE

1483 N Main St Fall River, MA 02720

Western Fall River Neighborhood

Estimated Value: $602,706 - $683,000

9 Beds
3 Baths
2,946 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $494,000 $168 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,883/month

12 Days on Market

About This Home

As of October 2021

Looking for additional income from an investment property? Look no further. This property offers 3 units completely rehabbed in 2019! Each unit has 3 bedrooms and 1 full bath. Spacious kitchens, large living rooms, communal yard for tenants to enjoy and on site laundry! Don't miss this opportunity. Schedule a showing today!

Last Agent to Sell the Property

The Pereira Group

Century 21 Limitless Listed on: 08/18/2021

Century 21 Limitless

Last Buyer's Agent

Luis Rodrigues

Realty One Group Dream Makers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,325

Year Built

  • Built in 1925

Lot Details

  • 3,920

Home Design

  • Triplex
  • Stone Foundation

Interior Spaces

  • 2,946 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 3,920 Sq Ft Lot
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,500
  • Assessor Parcel Number 2836698

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,325

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2946
  • Stories Total: 6
  • MAIN LO: AN6126
  • MAIN SO: AN6384

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 2836698
  • Zoning: Res.
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3807

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3324.73

Multi Family

  • Net Operating Income: 42000
  • Number Of Units Total: 3
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Miranda Joao
Bought by
1483 N Main St Llc
Current Estimated Value
$648,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$473,671
Interest Rate
6.47%
Mortgage Type
Commercial
Estimated Equity
$175,006

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 22, 2021
Sold by
Brunch Shakim L
Bought by
Miranda Joao
Seller's Agent
The Pereira Group
Century 21 Limitless
Buyer's Agent
Luis Rodrigues
Realty One Group Dream Makers
List Price
$479,000
Sold Price
$494,000
Premium/Discount to List
$15,000
3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$345,800
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jan 16, 2020
Sold by
1483 North Main St Llc
Bought by
Branch Shakim L
Seller's Agent
Manny Casimiro
Majestic Real Estate
Buyer's Agent
The Pereira Group
Century 21 Limitless
List Price
$339,000
Sold Price
$350,000
Premium/Discount to List
$11,000
3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.36%
Original Mortgage
$343,660
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 29, 2019
Sold by
Otoole Paul S
Bought by
1483 North Main St Llc
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$159,900
Sold Price
$174,000
Premium/Discount to List
$14,100
8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.55%
Original Mortgage
$104,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 14, 2019
Sold by
Mtglq Investors Lp
Bought by
Otoole Paul
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$159,900
Sold Price
$174,000
Premium/Discount to List
$14,100
8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2018
Sold by
Costa Joseph R and Ditech Financial Llc
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Dec 30, 1993
Sold by
Dime Sb Ny
Bought by
Costa Joseph R

Purchase Details

Closed on
Sep 1, 1992
Sold by
Greene Robt
Bought by
Dime Sb Ny Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1483 N Main St Llc -- None Available
1483 N Main St Llc -- None Available
Miranda Joao $494,000 None Available
Miranda Joao $494,000 None Available
Branch Shakim L $350,000 None Available
1483 North Main St Llc -- --
1483 North Main St Llc -- --
1483 North Main St Llc -- --
Otoole Paul $174,000 --
Otoole Paul $174,000 --
Otoole Paul $174,000 --
Mtglq Investors Lp $147,332 --
Mtglq Investors Lp $147,332 --
Mtglq Investors Lp $147,332 --
Costa Joseph R $55,000 --
Costa Joseph R $55,000 --
Dime Sb Ny Fsb $57,272 --
Dime Sb Ny Fsb $57,272 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1483 N Main St Llc $480,000
Closed 1483 N Main St Llc $480,000
Previous Owner Miranda Joao $345,800
Previous Owner Branch Shakim L $343,660
Previous Owner 1483 North Main St Llc $104,000
Previous Owner Otoole Paul $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $494,000 +3.1% $168 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $479,000 +36.9% $163 / Sq Ft
01/16/2020 01/16/20 Sold $350,000 +3.2% $119 / Sq Ft View Prior Sale
11/20/2019 11/20/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $339,000 +94.8% $115 / Sq Ft
03/29/2019 03/29/19 Sold $174,000 +8.8% $59 / Sq Ft View Prior Sale
02/27/2019 02/27/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $159,900 -- $54 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,478 $478,400 $106,200 $372,200
2024 $5,572 $484,900 $102,300 $382,600
2023 $4,868 $396,700 $84,500 $312,200
2022 $4,132 $327,400 $80,500 $246,900
2021 $3,325 $240,400 $76,600 $163,800
2020 $3,027 $209,500 $75,500 $134,000
2019 $2,619 $179,600 $72,700 $106,900
2018 $2,670 $182,600 $78,700 $103,900
2017 $2,505 $178,900 $75,000 $103,900
2016 $2,470 $181,200 $79,800 $101,400
2015 $2,370 $181,200 $79,800 $101,400
2014 $2,371 $188,500 $77,500 $111,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    The Pereira Group

    Century 21 Limitless

    (774) 526-2616

    4 in this area

    66 Total Sales

    The Pereira Group
    Section Image
  • Luis Rodrigues

    Buyer's Agent in 2021

    Luis Rodrigues

    Realty One Group Dream Makers

    (774) 213-1039

    1 in this area

    68 Total Sales

    Luis Rodrigues
    Section Image
  • Manny Casimiro

    Seller's Agent in 2020

    Manny Casimiro

    Majestic Real Estate

    (774) 644-3990

    2 in this area

    26 Total Sales

    Manny Casimiro
    Section Image
  • Joy Riley

    Seller's Agent in 2019

    Joy Riley

    Westcott Properties

    (401) 952-7887

    1 in this area

    301 Total Sales

    Joy Riley
    Section Image

  • N

    Buyer's Agent in 2019

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72883262

MLS Property Information Network (MLS PIN)

APN: FALL-000009S-000000-000045

Massachusetts Bristol County Fall River 02720 Western Fall River

1483 N Main St, Fall River, MA

Not Listed for Sale

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