297 Grove St Fall River, MA 02720
Bank Street NeighborhoodEstimated Value: $526,896 - $664,000
6
Beds
2.5
Baths
2,709
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Tandem Parking
- Heating System Uses Natural Gas
- 5-minute walk to Ruggles Park
- Fenced
About This Home
As of December 2023Nestled in the Highlands Area of Fall River, presents a unique and highly desirable investment opportunity for the savvy homebuyer. This charming two-family residence offers not only the comforts of a well-maintained home but also the potential for lucrative rental income, making it an ideal choice for owner-occupied buyers looking to offset their expenses. Imagine the financial freedom and flexibility this can bring to your life! Both units have been meticulously maintained and updated, ensuring a comfortable and worry-free living experience. Modern appliances, well-appointed kitchens, and stylish finishes are just a few of the highlights that await you. Second floor is townhouse living with 2 levels and 1.5 baths! Don't miss your chance to own a home that not only enhances your quality of life but also secures your financial future. Act now and start reaping the rewards of smart real estate ownership!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,336
Year Built
- Built in 1900
Lot Details
- 8,102 Sq Ft Lot
- Fenced
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,709 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Net Operating Income $32,400
Listing and Financial Details
- Total Actual Rent $2,700
- Rent includes unit 1(none)
- Assessor Parcel Number M:0M26 B:0000 L:0003,2832730
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2011
Sold by
Fnma
Bought by
Koehn Holli
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,473
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 5, 2010
Sold by
Jarvais Thomas D and Citimortgage Inc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 23, 2006
Sold by
Jarvais Thomas D
Bought by
Mello Kathy and Jarvais Thomas D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2006
Sold by
Marjorie R Smith T R and Marjorie Smith
Bought by
Jarvais Thomas D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Fall River, MA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koehn Holli | $126,000 | -- | |
| Federal National Mortgage Association | $298,940 | -- | |
| Mello Kathy | -- | -- | |
| Jarvais Thomas D | $274,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Denis Jude | $574,404 | |
| Closed | Cesar Rodney J | $80,850 | |
| Closed | Cesar Rodney J | $308,000 | |
| Closed | Cesar Rodney J | $271,000 | |
| Closed | Koehn Holli | $184,473 | |
| Previous Owner | Jarvais Kathy M | $317,000 | |
| Previous Owner | Mello Kathy | $306,000 | |
| Previous Owner | Jarvais Thomas D | $219,200 | |
| Previous Owner | Jarvais Thomas D | $54,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $585,000 | +3.5% | $216 / Sq Ft |
| 09/13/2023 09/13/23 | Pending | -- | -- | -- |
| 09/05/2023 09/05/23 | For Sale | $565,000 | +104.7% | $209 / Sq Ft |
| 06/29/2017 06/29/17 | Sold | $276,000 | +2.3% | $102 / Sq Ft |
| 05/17/2017 05/17/17 | Pending | -- | -- | -- |
| 05/09/2017 05/09/17 | For Sale | $269,900 | -- | $100 / 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 | $6,352 | $554,800 | $118,400 | $436,400 |
| 2024 | $5,824 | $506,900 | $116,100 | $390,800 |
| 2023 | $5,336 | $434,900 | $104,600 | $330,300 |
| 2022 | $4,919 | $389,800 | $98,700 | $291,100 |
| 2021 | $4,376 | $316,400 | $94,300 | $222,100 |
| 2020 | $3,875 | $268,200 | $90,000 | $178,200 |
| 2019 | $3,781 | $259,300 | $94,000 | $165,300 |
| 2018 | $2,848 | $194,800 | $94,700 | $100,100 |
| 2017 | $2,650 | $189,300 | $94,700 | $94,600 |
| 2016 | $2,587 | $189,800 | $97,600 | $92,200 |
| 2015 | $2,483 | $189,800 | $97,600 | $92,200 |
| 2014 | $2,492 | $198,100 | $97,600 | $100,500 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Costa
P
Seller's Agent in 2023
Peter Costa
Spencer Home Realty
(617) 290-2795
1 in this area
33 Total Sales
-
Samuel Jean
S
Buyer's Agent in 2023
Samuel Jean
Keller Williams South Watuppa
(508) 250-6935
1 in this area
41 Total Sales
-
Ronald Rusin
Seller's Agent in 2017
Ronald Rusin
Lamacchia Realty, Inc.
(508) 509-3792
6 in this area
90 Total Sales
-
Mary Deluze Voner
Buyer's Agent in 2017
Mary Deluze Voner
NeighborWorks Real Estate
(781) 354-3174
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73155096
APN: FALL-000026M-000000-000003
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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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