NOT LISTED FOR SALE

Estimated Value: $688,000 - $724,000

9 Beds
3 Baths
3,137 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $582,500 $186 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,300/month

27 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Cooling Available
  • Scenic Views
  • Porch
  • Park

About This Home

As of September 2022

Location, Location, Location! Spacious 3 family in a desirable area of Fall River, with beautiful views of the bay from the 2nd and 3rd floor units. The roof, vinyl siding, windows and electric have been recently updated! All units include large kitchens and spacious living rooms with 3 bedrooms and 1 bathroom. This multi-family has separate utilities, 2 off street parking spaces, on-site coin operated washer and dryer along with a nice fenced in yard. This home is conveniently located near a park and Fall River's finest cuisine/shopping areas. Convenient access to route 195/24 and minutes to Providence, Newport and other surrounding areas. This home is perfect for an owner occupied or an investor looking for cash flow. Invest in Fall River, the commuter rail is coming! Upside on current rents! Don't miss out! This property won't last long! OPEN HOUSE SATURDAY JUNE 18TH 11:00am - 12:30pm and SUNDAY JUNE 19TH 11:00am - 12:30pm.

Last Agent to Sell the Property

Derek Fortuna

Keller Williams South Watuppa Listed on: 05/26/2022

Keller Williams South Watuppa

Last Buyer's Agent

Derek Fortuna

Keller Williams South Watuppa Listed on: 05/26/2022

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1900

Lot Details

  • 3,528 Sq Ft Lot
  • Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,137 Sq Ft Home
  • Scenic Vista Views
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,550
  • Rent includes unit 2(water)
  • Assessor Parcel Number 2827000

Community Details

Overview

  • 3 Units
  • 6-Story Property

Recreation

  • Golf Course Community
  • Park

Additional Features

  • Shops
  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Basement: Full, Concrete
  • Living Area: 3137
  • Stories Total: 6
  • MAIN LO: AN6185
  • MAIN SO: AN6185

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Unknown To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, House of Worship
  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: 2827000
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3528
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4220

Multi Family

  • Net Operating Income: 42600
  • Number Of Units Total: 3
  • Total Actual Rent: 3550
  • Basement Included Sq Ft: No
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Sep 7, 2022
Sold by
Santos Veronica D
Bought by
Walters Roger S
Seller's Agent
Derek Fortuna
Keller Williams South Watuppa
Buyer's Agent
Derek Fortuna
Keller Williams South Watuppa
List Price
$579,900
Sold Price
$582,500
Premium/Discount to List
$2,600
0.45%
Current Estimated Value
$706,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,252
Avg. Annual Appreciation
6.21%
Original Mortgage
$446,250
Outstanding Balance
$425,319
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,433

Purchase Details

Closed on
Oct 1, 2018
Sold by
Alves Vitor P and Alves Lucia M
Bought by
Dossantos Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,548
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2002
Sold by
Coelho Bento and Coelho Antonia
Bought by
Alves Vitor P and Alves Lucia M

Purchase Details

Closed on
Sep 13, 1991
Sold by
Donnelly Vivian P
Bought by
Coelho Bento and Coelho Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,400
Interest Rate
9.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Walters Roger S $595,000 None Available
Dossantos Veronica $295,000 --
Alves Vitor P $240,000 --
Coelho Bento $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Roger S $446,250
Previous Owner Dossantos Veronica $302,548
Previous Owner Coelho Bento $8,637
Previous Owner Coelho Bento $156,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $582,500 +0.4% $186 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $579,900 -- $185 / 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 $7,128 $622,500 $106,000 $516,500
2024 $6,825 $594,000 $102,100 $491,900
2023 $4,742 $386,500 $84,300 $302,200
2022 $4,220 $334,400 $80,300 $254,100
2021 $3,987 $288,300 $76,400 $211,900
2020 $3,589 $248,400 $75,300 $173,100
2019 $3,036 $208,200 $72,500 $135,700
2018 $2,931 $200,500 $78,500 $122,000
2017 $2,755 $196,800 $74,800 $122,000
2016 $2,707 $198,600 $79,600 $119,000
2015 $2,598 $198,600 $79,600 $119,000
2014 $2,610 $207,500 $77,300 $130,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72986595

MLS Property Information Network (MLS PIN)

APN: FALL-000001H-000000-000019