NOT LISTED FOR SALE

Estimated Value: $781,425 - $927,000

5 Beds
3.5 Baths
5,066 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $830,000 $164 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,506/month

27 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • 6.93 Acre Lot
  • Wooded Lot
  • 1 Fireplace

About This Home

As of March 2024

40 years in the same family and contractor owned! Here is an amazing opportunity to own a very unique and extremely spacious 2 family home in a very desirable and beautiful location with almost 7 acres of land right off of Meridian St in Fall River! This property was previously approved variance for a 6 lot subdivision with huge potential to develop and build or keep as a 2 family investment or owner occupied. The main house consists of a 2 level 3 bedrooms and 2 full bathrooms with a balcony overlooking an inground pool. This unit has a finished basement with in-law set up and wood burning fireplace. The second attached unit consists of second level 3 bedrooms and 1 bathroom apartment that has a roof deck. There is large garage area and workshop underneath with its own office space. This property has amazing potential in so many ways and doesn't come along very often. Title V not done sewer in the street. Investors and buyers come see this one!

Last Agent to Sell the Property

Kyle Costa

Bayshore's Capital and Real Estate, Inc. Listed on: 01/17/2024

Last Buyer's Agent

Tracy Torres

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,237

Year Built

  • Built in 1984

Lot Details

  • 6.93 Acre Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Additional Land

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,066 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Insulated Windows
  • Insulated Doors
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Private Sewer

Community Details

  • 2 Units
  • Net Operating Income $9,600

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number 2838100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,237

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1984
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Finished
  • Living Area: 5066
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6185
  • LIST PRICE PER Sq Ft: 167.79
  • PRICE PER Sq Ft: 163.84
  • MAIN SO: AN6797

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof, Patio
  • Pool Features: In Ground
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer, Private Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 2838100
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Additional Land Avail., Cleared, Gentle Sloping, Level
  • Lot Size Acres: 6.93
  • Lot Size Area: 6.93
  • Lot Size Sq Ft: 301871
  • Lot Size Units: Acres
  • PAGE: 29
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7237
  • Tax Book Number: 3001

Multi Family

  • Gross Income: 9600
  • Net Operating Income: 9600
  • Number Of Units Total: 2
  • Total Actual Rent: 2000
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 4, 2024
Sold by
Santos Ft and Santos
Bought by
Torres David
Seller's Agent
Kyle Costa
Bayshore's Capital and Real Estate, Inc.
Buyer's Agent
Tracy Torres
Real Broker MA, LLC
List Price
$999,900
Sold Price
$830,000
Premium/Discount to List
-$169,900
-16.99%
Views
93
Current Estimated Value
$870,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,106
Avg. Annual Appreciation
3.38%
Original Mortgage
$756,511
Outstanding Balance
$745,367
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$124,739
Source: Public Records

Range of Values:

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Average Value
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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
Torres David $830,000 None Available
Torres David $830,000 None Available
Torres David $830,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres David $220,433
Open Torres David $756,511
Closed Torres David $756,511
Previous Owner Santos Ft $350,000
Previous Owner Santos Ft $297,000
Previous Owner V O R Rt $78,000
Previous Owner V O R Rt $160,000
Previous Owner V O R Rt $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $830,000 -2.4% $164 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $850,000 -15.0% $168 / Sq Ft
01/17/2024 01/17/24 For Sale $999,900 -- $197 / 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 $8,402 $733,800 $202,900 $530,900
2024 $7,319 $637,000 $199,900 $437,100
2023 $7,237 $589,800 $184,800 $405,000
2022 $6,747 $534,600 $177,000 $357,600
2021 $6,337 $458,200 $171,200 $287,000
2020 $5,729 $396,500 $165,600 $230,900
2019 $5,572 $382,200 $170,900 $211,300
2018 $5,042 $344,900 $152,100 $192,800
2017 $4,712 $336,600 $154,300 $182,300
2016 $4,586 $336,500 $158,700 $177,800
2015 $4,418 $337,800 $154,600 $183,200
2014 $4,521 $359,400 $160,200 $199,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73194398

MLS Property Information Network (MLS PIN)

APN: FALL-000008U-000000-000005