Faith Bermingham
Boston Connect Real Estate
(339) 331-2312
54 Total Sales
1 in Bank Street
$260,000 Price
163 Winter St Fall River, MA 02720
Bank Street Neighborhood
9
Beds
9
Baths
5,714
Sq Ft
9,147
Sq Ft Lot
Highlights
- Medical Services
- Corner Lot
- 4-minute walk to Ruggles Park
- Property is near public transit and schools
- Laundry Room
About This Home
As of December 2023Listed at a 7.59% cap rate on current income and $102,778 per unit, 163 Winter Street is a three-story building containing nine (9), 1-Bedroom/1-Bathroom units with 5,714 square feet of living area in 8702 square feet of gross area on a 0.21-acre parcel with eleven (11) on-site parking spaces. Since acquisition in 2018, 163 Winter has received significant capital improvements. Six (6) of the units have been renovated, featuring updated kitchens and bathrooms. The property also has new, replacement windows, as well as a new, asphalt shingle roof. The Landlord currently pays for all utilities. OFFERS DUE WEDNESDAY, 10/11 BY 5PM.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,110
Year Built
- Built in 1900
Lot Details
- 9,147 Sq Ft Lot
- Corner Lot
Parking
- 11 Car Parking Spaces
Home Design
- Brick Foundation
- Stone Foundation
- Shingle Roof
Interior Spaces
- 5,714 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $9,305
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water)
- Assessor Parcel Number 2832905
Community Details
Building Details
- Operating Expense $46,686
- Net Operating Income $70,194
Additional Features
- 9 Units
- Medical Services
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2023
Closed on
Dec 8, 2023
Sold by
Bought by
Seller's Agent
John Pentore
Horvath & Tremblay
Buyer's Agent
Jordan Pavao
Keller Williams South Watuppa
List Price
$925,000
Sold Price
$925,000
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 22, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 18, 2008
Sold by
Bought by
Purchase Details
Closed on
Mar 27, 2007
Sold by
Bought by
Purchase Details
Closed on
Oct 17, 2006
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bank Street, MA
-
Faith Bermingham
-
Juan Jaramillo
Juan Jaramillo
(857) 465-4065
60 Total Sales
1 in Bank Street
$477,000 Price
-
Jamison Souza
Jamison Souza
Keller Williams South Watuppa
(508) 300-9317
86 Total Sales
2 in Bank Street
$375K - $390K Price Range
-
Jose Duce Rocher
JD
Jose Duce Rocher
Century 21 Limitless
(781) 633-6951
154 Total Sales
1 in Bank Street
$689,000 Price
-
Molly Armando
Molly Armando
Real Broker MA, LLC
(774) 271-5465
93 Total Sales
2 in Bank Street
$185,000 Price Range
-
Nogueira Realty Team
Nogueira Realty Team
Responds QuicklyRE/MAX Real Estate Center
(774) 504-2664
107 Total Sales
1 in Bank Street
$514,800 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $925,000 | None Available | ||
| $3,200,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| $671,344 | -- | ||
| -- | -- | ||
| $390,575 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,366,400 | ||
| Closed | $740,000 | ||
| Closed | -- | ||
| Previous Owner | $2,400,000 | ||
| Previous Owner | $1,700,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $925,000 | 0.0% | $162 / Sq Ft |
| 10/24/2023 10/24/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $925,000 | -- | $162 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,059 | $878,500 | $162,000 | $716,500 |
| 2024 | $8,393 | $730,500 | $162,000 | $568,500 |
| 2023 | $8,110 | $661,000 | $143,100 | $517,900 |
| 2022 | $7,085 | $594,400 | $130,500 | $463,900 |
| 2021 | $7,085 | $512,300 | $127,800 | $384,500 |
| 2020 | $6,864 | $475,000 | $124,200 | $350,800 |
| 2019 | $6,710 | $460,200 | $130,500 | $329,700 |
| 2018 | $5,719 | $391,200 | $119,700 | $271,500 |
| 2017 | $5,477 | $391,200 | $119,700 | $271,500 |
| 2016 | $5,245 | $384,800 | $119,700 | $265,100 |
| 2015 | $5,034 | $384,900 | $119,700 | $265,200 |
| 2014 | $4,842 | $384,900 | $119,700 | $265,200 |
Source: Public Records
Agents Affiliated with this Home
-
John Pentore
Seller's Agent in 2023
John Pentore
Horvath & Tremblay
(781) 484-8166
4 in this area
43 Total Sales
-
Jordan Pavao
J
Buyer's Agent in 2023
Jordan Pavao
Keller Williams South Watuppa
(774) 319-1169
6 in this area
190 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73162661
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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