T
Seller's Agent in 2023
Todd Mello
Lion Gate Real Estate, Inc.
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
- Wood Flooring
- Cooling Available
- Property is near public transit
- 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 Agent to Sell the Property
Todd Mello
Lion Gate Real Estate, Inc. Listed on: 10/14/2022
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
- Marble or Granite Building Materials
Interior Spaces
- 3,522 Sq Ft Home
- Insulated Windows
- Wood Flooring
- City Views
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
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
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
Closed on
Feb 10, 2023
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
$498,000
Interest Rate
0.0612%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 29, 2022
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
$600,000
Interest Rate
0.0513%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 11, 2004
Sold by
Bought by
Purchase Details
Closed on
Aug 20, 1999
Sold by
Bought by
Purchase Details
Closed on
Dec 1, 1992
Sold by
Bought by
Purchase Details
Closed on
Sep 9, 1992
Sold by
Bought by
Purchase Details
Closed on
Dec 29, 1988
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $664,000 | None Available | ||
| $600,000 | None Available | ||
| $400,000 | -- | ||
| $114,000 | -- | ||
| $85,000 | -- | ||
| $138,000 | -- | ||
| $185,000 | -- |
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 | $498,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $330,000 | ||
| Previous Owner | $11,840 |
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 |
|---|---|---|---|---|
| 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
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 | $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
-
-
Brian Rupp
B
Buyer's Agent in 2023
Brian Rupp
William Raveis R.E. & Home Services
(508) 345-2021
1 in this area
3 Total Sales
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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