Seller's Agent in 2023
Cindy Ferry
Keller Williams South Watuppa
2 in this area
111 Total Sales
251 Bank St Fall River, MA 02720
Lower Highlands NeighborhoodEstimated Value: $658,734
6
Beds
5
Baths
5,421
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Medical Services
- Corner Lot
- Coin Laundry
- Property is near public transit
- Shops
- Carpet
About This Home
As of November 2023Investors take notice. Check out this mixed use property located downtown, walking distance to many city amenities and minutes from the new commuter rail. Main level was formerly operating as legal offices and offers 2 private offices, conference room, reception area, waiting are, kitchen, bath plus central air. On the second level you can find 1 studio apartment, (2) 1 bedroom apartments (one currently rented). The attic is a walk up, previously used as storage but can be finished and used for additional office space. On the Rock Street side of the building you will find 2 storefronts, office space and a bath. Off street parking for approx 6 cars. So many options for this property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,942
Year Built
- Built in 1836
Lot Details
- 4,591 Sq Ft Lot
- Corner Lot
Home Design
- 5,421 Sq Ft Home
- Stone Foundation
- Shingle Roof
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $650
- Assessor Parcel Number M:0N04 B:0000 L:0026,2833156
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Net Operating Income $7,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2023
Closed on
Nov 27, 2023
Sold by
251 Bk St Ltd Liability C
Bought by
Whm Capital Llc
Seller's Agent
Cindy Ferry
Keller Williams South Watuppa
Buyer's Agent
Scott Aceto
Smith and Oak Real Estate Co.
List Price
$499,900
Sold Price
$407,500
Premium/Discount to List
-$92,400
-18.48%
Views
197
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,234
Purchase Details
Closed on
Apr 19, 2013
Sold by
Gamache Roger
Bought by
Quintal Daniel
Purchase Details
Closed on
Feb 14, 2002
Sold by
Corey Betsy M
Bought by
251 Bank Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.14%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Whm Capital Llc | $407,500 | None Available | |
| Whm Capital Llc | $407,500 | None Available | |
| Whm Capital Llc | $407,500 | None Available | |
| Quintal Daniel | -- | -- | |
| Quintal Daniel | -- | -- | |
| 251 Bank Street Llc | $210,000 | -- | |
| 251 Bank Street Llc | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 251 Bank Street Llc | $124,034 | |
| Previous Owner | 251 Bank Street Llc | $157,500 | |
| Previous Owner | 251 Bank Street Llc | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2023 11/28/23 | Sold | $407,500 | -14.2% | $75 / Sq Ft |
| 11/09/2023 11/09/23 | Price Changed | $475,000 | -5.0% | $88 / Sq Ft |
| 09/18/2023 09/18/23 | For Sale | $499,900 | -- | $92 / 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 | $8,906 | $407,900 | $115,600 | $292,300 |
| 2024 | $8,906 | $372,000 | $110,000 | $262,000 |
| 2023 | $0 | $308,300 | $99,900 | $208,400 |
| 2022 | $8,333 | $308,300 | $99,900 | $208,400 |
| 2021 | $0 | $306,900 | $98,500 | $208,400 |
| 2020 | $0 | $306,600 | $103,000 | $203,600 |
| 2019 | $0 | $271,800 | $103,000 | $168,800 |
| 2018 | $0 | $269,900 | $103,000 | $166,900 |
| 2017 | $0 | $269,900 | $103,000 | $166,900 |
| 2016 | -- | $269,900 | $103,000 | $166,900 |
| 2015 | $6,893 | $269,900 | $103,000 | $166,900 |
| 2014 | $6,893 | $269,900 | $103,000 | $166,900 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Ferry
-
Scott Aceto
Buyer's Agent in 2023
Scott Aceto
Smith and Oak Real Estate Co.
(401) 464-2617
1 in this area
37 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73160414
APN: FALL-000004N-000000-000026
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.
Nearby Homes
- 146 Franklin St
- 130 High St
- 381 Pine St
- 501 Pine St
- 104 Grove St
- 206 Durfee St Unit 4B
- 206 Durfee St Unit 4A
- 360 High St
- 362 High St
- 364 High St
- 163 Linden St
- 162 Rodman St
- 450 Rock St Unit 2
- 207 Rodman St
- 631 Maple St
- 90 Tremont St
- 243 Robeson St Unit 3
- 243 Robeson St Unit 6
- 838-844 Pine St
- 709 Maple St
- 51 Rock St
- 259 Bank St
- 259 Bank St Unit 1r
- 259 Bank St Unit 2
- 259 Bank St Unit 1
- 52 Rock St
- 60 Rock St
- 46 Rock St
- 275 Bank St Unit 2E
- 275 Bank St Unit 2
- 275 Bank St Unit 1W
- 275 Bank St
- 215 Bank St
- 215 Bank St Unit 1
- 270 Bank St Unit 4
- 270 Bank St Unit 3
- 270 Bank St Unit 7
- 270 Bank St Unit 5
- 270 Bank St Unit 11
- 270 Bank St Unit 6