NOT LISTED FOR SALE

Estimated Value: $1,364,000

1.55 Acres
$880,000 Price per Acre
67,518 Sq Ft Lot

Sale Details

Date Sold: August 23, 2024

Last sale price $600,000 $109 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $7,504 / mo

66 Days on Market

About This Lot

As of August 2024

Explore a prime development opportunity at 2492 South Main St, Fall River, MA. Spanning 67,579 sq ft, this A2 zoned land, formerly a church and rectory, is ripe for residential projects like townhouses, apartments, condos, or an assisted living facility. Capable of accommodating up to 29 units without a variance, provided setback and lot coverage requirements are met. Situated on busy South Main Street in the South End, close to the Rhode Island border, it's an ideal spot for projects that blend with the urban vibe of Fall River. Leverage the location's continuous growth, amplified by Fall River's economic expansion. This property offers a chance to make a lasting impact in a vibrant area, presenting a solid investment for a landmark community development. Sale is for 2 Parcels: Parcel ID: B-23-0020(8,645 Sq Ft) & Parcel ID: B-23-0021 (8,934 Sq Ft) Total Sq Ft:67,579

Last Agent to Sell the Property

David Ferreira

Fortified Realty Group Listed on: 12/01/2023

Last Buyer's Agent

Michael Amaral

Amaral & Associates RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,175

Lot Details

  • 1.55 Acre Lot
  • Property is zoned A2

Listing and Financial Details

  • Assessor Parcel Number B230020 & B230021,2821525

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,175

Lot Details

1.55 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN2458
  • MAIN SO: FR0160

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: At Street
  • Gas: At Street
  • Electric: At Street
  • Water Source: At Street

Condo/Co-op/Association

  • Association YN: No
  • Senior Community YN: No

Lot Info

  • Parcel Number: B230020 & B230021,2821525
  • Zoning: A2
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 1.55
  • Lot Size Sq Ft: 67579
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2175

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
Nov 5, 2024
Sold by
Bought by
Current Estimated Value
$1,364,000
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,200,000 None Available
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
Previous Owner $500,000
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
08/23/2024 08/23/24 Sold $600,000 -40.0% $109 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $1,000,000 -- $181 / 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
2024 $861 $74,900 $74,900 $0
2023 $760 $61,900 $61,900 $0
2022 $743 $58,900 $58,900 $0
2021 $776 $56,100 $56,100 $0
2020 $799 $55,300 $55,300 $0
2019 $776 $53,200 $53,200 $0
2018 $842 $57,600 $57,600 $0
2017 $769 $54,900 $54,900 $0
2016 $796 $58,400 $58,400 $0
2015 $1,366 $104,400 $83,500 $20,900
2014 $4,278 $340,100 $81,000 $259,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73184308

MLS Property Information Network (MLS PIN)

APN: FALL-000023B-000000-000021

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