NOT LISTED FOR SALE

Estimated Value: $574,000 - $633,000

7 Beds
3 Baths
2,586 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $525,000 $203 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,698/month

4 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • Heating Available
  • Wood Flooring
  • Fenced
  • 3-minute walk to Kennedy Park

About This Home

As of July 2022

Welcome to 306 Division St Fall River! Great opportunity for investor or owner occupied! Three Family offers 3 bedroom, 3 Bedroom and 1+ Bedroom with recent renovations done 2017/2018/2019. The units are large, very clean, remodeled and serviced by space heaters. BONUS: semi-finished basement with interior and exterior access has 1/2 bath -formerly used as in-home music studio. Vinyl siding, replacement windows, separate utilities and BONUS fenced in yard with one+ off street parking space. Great highway access, minutes from waterfront and Commuter rail station. A must see, great three family home.

Last Agent to Sell the Property

Jennifer Preston

Frank Smith Real Estate, Inc. Listed on: 06/01/2022

Last Buyer's Agent

Luis Rodrigues

Realty One Group Dream Makers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 1900

Lot Details

  • 3,398 Sq Ft Lot
  • Fenced

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,586 Sq Ft Home
  • Insulated Windows
  • Window Screens

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 1 Car Parking Space
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Heating Available
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $3,350
  • Tax Lot 9
  • Assessor Parcel Number M:0G04 B:0000 L:0009,2825764

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $142,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,424

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.00
  • Buyer Agency Type: %
  • Transaction Broker: 1.00
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies Per Unit,Laminate,Hardwood,Wood Laminate
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Electric Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partially Finished, Interior Entry, Bulkhead, Concrete
  • Living Area: 2586
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: FR0042
  • LIST PRICE PER Sq Ft: 189.44
  • PRICE PER Sq Ft: 203.02
  • MAIN SO: AN6398

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Space Heater), Unit 2(Space Heater)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access

Lot Info

  • Parcel Number: M:0G04 B:0000 L:0009,2825764
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3398
  • Lot Size Units: Acres
  • PAGE: 40

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3424
  • Tax Book Number: 9283
  • Tax Lot: 9
  • Tax Map Number: G-04

Multi Family

  • Gross Income: 142800
  • Net Operating Income: 142800
  • Number Of Units Total: 3
  • Total Actual Rent: 3350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Penafiel Miguel A and Penafiel Kevin S
Bought by
Penafiel Miguel A and Abad Natali
Current Estimated Value
$602,326

Purchase Details

Closed on
May 30, 2006
Sold by
Rapoza Inez
Bought by
Rapoza Daniel and Rapoza Inez
Source: Public Records

Range of Values:

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Average Value
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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
Penafiel Miguel A -- None Available
Penafiel Miguel A -- None Available
Rapoza Daniel -- --
Rapoza Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rapoza Daniel $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $525,000 +7.2% $203 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $489,888 +196.9% $189 / Sq Ft
07/07/2017 07/07/17 Sold $165,000 -5.7% $64 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $175,000 -- $68 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $6,048 $528,200 $105,800 $422,400
2024 $5,784 $503,400 $101,900 $401,500
2023 $4,361 $355,400 $84,200 $271,200
2022 $3,262 $271,300 $80,200 $191,100
2021 $3,262 $235,900 $76,300 $159,600
2020 $2,969 $205,500 $75,200 $130,300
2019 $2,568 $176,100 $72,400 $103,700
2018 $2,507 $171,500 $78,400 $93,100
2017 $2,349 $167,800 $74,700 $93,100
2016 $2,321 $170,300 $79,500 $90,800
2015 $2,228 $170,300 $79,500 $90,800
2014 $2,222 $176,600 $77,200 $99,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72989974

MLS Property Information Network (MLS PIN)

APN: FALL-000004G-000000-000009