188 Palmer St Unit F Fall River, MA 02724
Father Kelly Neighborhood
4
Beds
2
Baths
720
Sq Ft
1987
Built
About This Home
As of January 2025Attention Investors!! Opportunity knocks with this two unit condo package! Being sold along with unit A in the same building. Two condos, both two bedrooms (first floor and a top floor, best of both worlds). The units are both rented to long time tenants for $1,350.00 (Unit F) and $1,250.00 (Unit A). Professionally managed condo association. With the commuter train heading to the city this is a great investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,217
Year Built
- Built in 1987
Home Design
- Duplex
- Concrete Perimeter Foundation
Interior Spaces
- 720 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
Listing and Financial Details
- Total Actual Rent $2,600
- Assessor Parcel Number 2826369
Community Details
Overview
- 2 Units
- Montaup Condominiums Community
Building Details
- Net Operating Income $31,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2024
Closed on
Dec 4, 2024
Sold by
Hadley Robert C and Faris John J
Bought by
Faris John J
Seller's Agent
Jack Dator
Professional Real Estate
Buyer's Agent
Cheryl Darnbrough
Cheryl Darnbrough Real Estate
List Price
$342,900
Sold Price
$358,000
Premium/Discount to List
$15,100
4.4%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,657
Avg. Annual Appreciation
-33.41%
Purchase Details
Closed on
Aug 30, 1993
Sold by
Fnma
Bought by
Hadley Robert C
Purchase Details
Closed on
Jun 24, 1993
Sold by
Bound James E and Iowa Gmac Mtg Corp Of
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 2, 1988
Sold by
D M W Realty Trust
Bought by
Bound James E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
10.24%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Fall River, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $40,000 | -- | |
| Deed | $40,000 | -- | |
| Foreclosure Deed | $69,660 | -- | |
| Foreclosure Deed | $69,660 | -- | |
| Deed | $66,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,200 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | Sold | $358,000 | +4.4% | $497 / Sq Ft |
| 12/07/2024 12/07/24 | Pending | -- | -- | -- |
| 11/06/2024 11/06/24 | For Sale | $342,900 | -- | $476 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $2,217 | $193,600 | $0 | $193,600 |
| 2024 | $1,845 | $160,600 | $0 | $160,600 |
| 2023 | $1,453 | $118,400 | $0 | $118,400 |
| 2022 | $1,477 | $117,000 | $0 | $117,000 |
| 2021 | $1,412 | $102,100 | $0 | $102,100 |
| 2020 | $1,248 | $86,400 | $0 | $86,400 |
| 2019 | $1,277 | $87,600 | $0 | $87,600 |
| 2018 | $1,066 | $72,900 | $0 | $72,900 |
| 2017 | $1,021 | $72,900 | $0 | $72,900 |
| 2016 | $966 | $70,900 | $0 | $70,900 |
| 2015 | $947 | $72,400 | $0 | $72,400 |
| 2014 | $981 | $78,000 | $0 | $78,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Dator
J
Seller's Agent in 2025
Jack Dator
Professional Real Estate
(508) 678-4703
5 in this area
23 Total Sales
-
Cheryl Darnbrough
C
Buyer's Agent in 2025
Cheryl Darnbrough
Cheryl Darnbrough Real Estate
(508) 677-2423
2 in this area
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73310354
APN: FALL-000013G-000000-004106
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