Fred Grizotte
Paiva Real Estate Services, LLC
(508) 501-3321
51 Total Sales
5 in Corky Row
$380K - $392K Price Range
254-276 Fourth St Fall River, MA 02721
Corky Row Neighborhood
49
Beds
17
Baths
15,989
Sq Ft
0.38
Acre Lot
Highlights
- 0.38 Acre Lot
- Corner Lot
- Shops
- Property is near public transit
- Park
- Heating Available
About This Home
As of August 2022254, 270, 276 Fourth & 195-197 Rodman Street. The Portfolio consists of four (4) buildings centered around downtown Fall River with a total of forty-five (45) units made up of nine (9), 1-Bedroom/1 Bathroom units, one (1), 2-Bedroom/1-Bathroom unit, one (1), 5-Bedroom/1-Bathroom unit and thirty-three (33), Single-Room units. Additionally, there is an on-site office located within 254 Fourth Street that is utilized by property management. The single room units have access to six and one half shared bathrooms and five shared kitchens. The Portfolio contains 15,889 square feet of living area situated on a total of 0.38-acres of land (on three tax parcels) with on-site parking for eighteen (18) vehicles. The Properties enjoy close proximity to the Charlton Memorial Hospital, and the future Fall River Train Station (MBTA – Stoughton Line) which is scheduled to open in 2023. Below market rents offer the potential for increased income for each of the properties.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,836
Year Built
- Built in 1900
Lot Details
- 16,552 Sq Ft Lot
- Corner Lot
Home Design
- 15,989 Sq Ft Home
- Brick Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 49 Bedrooms
Parking
- 20 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
- Oil Water Heater
Listing and Financial Details
- Total Actual Rent $25,675
Community Details
Overview
- 45 Units
- Property has 3 Levels
Amenities
- Shops
Recreation
- Park
Building Details
- Operating Expense $142,686
- Net Operating Income $151,000
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
Listed on
Feb 16, 2022
Closed on
Aug 18, 2022
Sold by
Ocelot Operation Llc
Bought by
Seller's Agent
Spencer Smith
Horvath & Tremblay
Buyer's Agent
Spencer Smith
Horvath & Tremblay
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
5.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 21, 2020
Sold by
Hldg Petticoat Junctn Re
Bought by
Ocelot Operations Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$972,500
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2006
Sold by
Choi Lin Chun and Cheung Wai Ming
Bought by
Petticoat Junction Hld
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Corky Row, MA
-
Fred Grizotte
-
Stephen Gaskin
Stephen Gaskin
Residential Properties Ltd.
(774) 425-7127
111 Total Sales
2 in Corky Row
$1,205,000 Price Range
-
Luisa Soares
Luisa Soares
Keller Williams South Watuppa
(401) 214-9515
22 Total Sales
1 in Corky Row
$475,000 Price
-
Sonia Connolly
Sonia Connolly
Tesla Realty Group LLC
(508) 952-9623
32 Total Sales
2 in Corky Row
$486K - $515K Price Range
-
Yvonne Pina
Yvonne Pina
Pina & Savage Realty Inc.
(781) 746-8140
85 Total Sales
1 in Corky Row
$1,200,000 Price
-
Katie Elderkin
Katie Elderkin
Keller Williams South Watuppa
(774) 271-5686
88 Total Sales
1 in Corky Row
$810,000 Price
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 |
|---|---|---|---|
| $1,850,000 | None Available | ||
| Ocelot Operations Llc | $1,100,000 | None Available | |
| Petticoat Junction Hld | $1,100,000 | -- |
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 | $2,590,000 | ||
| Closed | Operation Rinaldi Pease | $1,855,000 | |
| Previous Owner | Ocelot Operations Llc | $972,500 |
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 |
|---|---|---|---|---|
| 08/24/2022 08/24/22 | Sold | $1,800,000 | -10.0% | $113 / Sq Ft |
| 05/26/2022 05/26/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $2,000,000 | -- | $125 / 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 | $8,007 | $699,300 | $102,700 | $596,600 |
| 2024 | $7,695 | $669,700 | $95,900 | $573,800 |
| 2023 | $6,890 | $561,500 | $80,400 | $481,100 |
| 2022 | $6,307 | $499,800 | $76,600 | $423,200 |
| 2021 | $5,939 | $429,400 | $73,300 | $356,100 |
| 2020 | $5,443 | $376,700 | $70,900 | $305,800 |
| 2019 | $4,909 | $336,700 | $70,900 | $265,800 |
| 2018 | $4,680 | $320,100 | $75,100 | $245,000 |
| 2017 | $4,481 | $320,100 | $75,100 | $245,000 |
| 2016 | $4,544 | $333,400 | $91,900 | $241,500 |
| 2015 | $4,315 | $329,900 | $88,400 | $241,500 |
| 2014 | $4,436 | $352,600 | $98,100 | $254,500 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Smith
Seller's Agent in 2022
Spencer Smith
Horvath & Tremblay
(781) 776-4000
3 in this area
12 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72943540
APN: FALL M:0I-15 B:0000 L:0035
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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