Seller's Agent in 2023
Todd Mello
Lion Gate Real Estate, Inc.
(508) 567-0000
2 in this area
49 Total Sales
214 High St Fall River, MA 02720
Lower Highlands Neighborhood
12
Beds
6
Baths
3,522
Sq Ft
4,879
Sq Ft Lot
Highlights
- City View
- Property is near public transit
- Cooling Available
- Granite Flooring
- Porch
- Fenced
About This Home
As of September 2023Nice 6 Family with 2 Studios @$1100 & $500 ea, 2 One beds@$1200 ea and 2 two beds at $1400 & $1600 ea. Heat and hot water is included along with coin laundry. Long term tenants with strong history. Gas Averages $450 a month for heat and hot water. Purchase Price $675,000 - 25% ($168,750) =$525,000 @ 6.25% =$3200 + $441 Taxes + $375 for Ins. + $450 for Heat and hot water Total Expenses=$4500 minus Total Income=$7050 = Profit of $2550 per month. This is a solid investment with not alot to do.
Last Buyer's Agent
Brian Rupp
William Raveis R.E. & Home Services
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,261
Year Built
- Built in 1900
Lot Details
- 4,879 Sq Ft Lot
- Fenced
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,522 Sq Ft Home
- Insulated Windows
- City Views
Flooring
- Wood
- Granite
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- 200+ Amp Service
- Natural Gas Connected
Additional Features
- Porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $7,450
- Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
- Assessor Parcel Number M:0N08 B:0000 L:0033,2833331
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Insurance Expense $4,500
- Operating Expense $9,900
- Net Operating Income $47,400
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $600,000 | -11.1% | $170 / Sq Ft |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- |
| 12/29/2022 12/29/22 | Price Changed | $675,000 | +1.7% | $192 / Sq Ft |
| 12/19/2022 12/19/22 | Price Changed | $664,000 | -1.5% | $189 / Sq Ft |
| 12/06/2022 12/06/22 | Price Changed | $674,000 | -1.5% | $191 / Sq Ft |
| 11/22/2022 11/22/22 | Price Changed | $684,000 | -2.1% | $194 / Sq Ft |
| 10/14/2022 10/14/22 | For Sale | $699,000 | -- | $198 / 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 | $6,745 | $589,100 | $115,100 | $474,000 |
| 2024 | $6,102 | $531,100 | $112,900 | $418,200 |
| 2023 | $5,987 | $487,900 | $101,700 | $386,200 |
| 2022 | $4,842 | $416,900 | $95,900 | $321,000 |
| 2021 | $4,842 | $350,100 | $91,700 | $258,400 |
| 2020 | $4,201 | $290,700 | $87,500 | $203,200 |
| 2019 | $3,966 | $272,000 | $91,400 | $180,600 |
| 2018 | $3,816 | $261,000 | $92,100 | $168,900 |
| 2017 | $3,654 | $261,000 | $92,100 | $168,900 |
| 2016 | $3,503 | $257,000 | $94,900 | $162,100 |
| 2015 | $3,362 | $257,000 | $94,900 | $162,100 |
| 2014 | $3,384 | $269,000 | $94,900 | $174,100 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Mello
-
B
Buyer's Agent in 2023
Brian Rupp
William Raveis R.E. & Home Services
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73048526
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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