NOT LISTED FOR SALE

Estimated Value: $577,000 - $686,000

7 Beds
3 Baths
3,398 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $583,311 $172 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,771/month

15 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Mud Room
  • City View
  • Wood Flooring
  • Porch

About This Home

As of June 2024

Prime real estate investment opportunity in the heart of Fall River. Fully rented with long standing tenants on month to month terms. All mechanicals new and under 5 years old including heating systems, hot water tanks, roof, vinyl siding and windows. Two car garage, off-street parking with spots for 2-3 vehicles, and large basement for storage. This property is affixed just steps to South Main Street's shops, restaurants & businesses. Excellent chance for owner-occupied or real estate wealth building!

Last Agent to Sell the Property

Erica Arruda

Keller Williams Coastal Listed on: 02/26/2024

Keller Williams Coastal

Last Buyer's Agent

Tina Davis-Chiruna

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1900

Lot Details

  • 3,441

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,398 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Family Room
  • Living Room
  • City Views
  • Basement Fills Entire Space Under The House
  • Oven

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service

Additional Features

  • 3,441 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $2,025
  • Assessor Parcel Number 2827950

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,284

Year Built

Built in 1900

Lot Details

3,441 Sq Ft Lot

Parking

2

Listing Details

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

Interior Features

  • Flooring: Wood, Carpet, Laminate
  • Interior Amenities: Living Room, Kitchen, Family Room, Mudroom
  • Fireplace YN: No
  • Appliances: Oven, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3398
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN7117
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven
  • Heating: Baseboard, Natural Gas, Hot Water, Forced Air
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2827950
  • Zoning: A-2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3441.24
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5284

Multi Family

  • Net Operating Income: 24300
  • Number Of Units Total: 3
  • Total Actual Rent: 2025
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Jun 7, 2024
Sold by
Flynn
Bought by
Hanley Robin and Richman Nathaniel P
Seller's Agent
Erica Arruda
Keller Williams Coastal
Buyer's Agent
Tina Davis-Chiruna
Lamacchia Realty, Inc.
List Price
$550,000
Sold Price
$583,311
Premium/Discount to List
$33,311
6.06%
Views
89
Current Estimated Value
$623,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,357
Avg. Annual Appreciation
3.83%
Original Mortgage
$524,700
Outstanding Balance
$517,282
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,386

Purchase Details

Closed on
Feb 5, 2020
Sold by
Flynn Shawn W and Flynn Deborah A
Bought by
Flynn

Purchase Details

Closed on
Mar 15, 2004
Sold by
Gouveia Herminia Est
Bought by
Flynn Deborah A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanley Robin $583,311 None Available
Hanley Robin $583,311 None Available
Hanley Robin $583,311 None Available
Flynn -- None Available
Flynn -- None Available
Flynn Deborah A $155,000 --
Flynn Deborah A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanley Robin $524,700
Closed Hanley Robin $524,700
Previous Owner Flynn Deborah A $15,000
Previous Owner Flynn Deborah A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $583,311 +6.1% $172 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $550,000 -- $162 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,897 $515,000 $105,900 $409,100
2024 $5,284 $459,900 $102,000 $357,900
2023 $4,852 $395,400 $84,200 $311,200
2022 $4,474 $354,500 $80,200 $274,300
2021 $4,080 $295,000 $76,300 $218,700
2020 $3,615 $250,200 $75,200 $175,000
2019 $3,420 $234,600 $72,400 $162,200
2018 $3,154 $215,700 $78,500 $137,200
2017 $2,862 $204,400 $74,800 $129,600
2016 $2,808 $206,000 $79,600 $126,400
2015 $2,694 $206,000 $79,600 $126,400
2014 $2,703 $214,900 $77,200 $137,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73205503

MLS Property Information Network (MLS PIN)

APN: FALL-000008I-000000-000009

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