Seller's Agent in 2025
Brad Thelin
RE/MAX
(508) 817-1665
3 in this area
122 Total Sales
474 William St Fall River, MA 02721
Sandy Beach Neighborhood
6
Beds
3
Baths
2,808
Sq Ft
3,511
Sq Ft Lot
Highlights
- Medical Services
- Granite Flooring
- Balcony
- Bay View
- Property is near public transit
- Bathtub with Shower
About This Home
As of February 2025Introducing a prime investment opportunity in the rapidly revitalizing city of Fall River! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, Fall River is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown Fall River, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass FHA/VA Loan.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,023
Year Built
- Built in 1900
Lot Details
- 3,511 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,808 Sq Ft Home
- Ceiling Fan
- Sliding Doors
- Combination Dining and Living Room
- Bay Views
- Range
Flooring
- Wood
- Carpet
- Laminate
- Granite
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Balcony
- Patio
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- John Doran Elementary And Middle School
- Bmc Durfee High School
Utilities
- Space Heater
- Heating System Uses Natural Gas
- Separate Meters
- 100 Amp Service
- Internet Available
Listing and Financial Details
- Total Actual Rent $3,700
- Assessor Parcel Number M:0I04 B:0000 L:0051,2827755
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Net Operating Income $44,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Feb 18, 2025
Sold by
Crancha Antonio E and Crancha Paula S
Bought by
Lopes Solange
Seller's Agent
Brad Thelin
RE/MAX Vantage
Buyer's Agent
Alvarino Barbosa
Keller Williams Coastal
List Price
$500,000
Sold Price
$511,000
Premium/Discount to List
$11,000
2.2%
Views
39
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
$17,872
Avg. Annual Appreciation
5.61%
Original Mortgage
$490,308
Outstanding Balance
$487,394
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,478
Purchase Details
Closed on
Sep 13, 2000
Sold by
Morais M Da and Custodio Gdn Arthur
Bought by
Crancha Antonio E and Crancha Paula S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $511,000 | None Available | |
| Quit Claim Deed | $511,000 | None Available | |
| Deed | $75,000 | -- | |
| Deed | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $490,308 | Purchase Money Mortgage | |
| Closed | $490,308 | Purchase Money Mortgage | |
| Previous Owner | $122,000 | No Value Available | |
| Previous Owner | $23,500 | No Value Available | |
| Previous Owner | $67,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $511,000 | +2.2% | $182 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 11/11/2024 11/11/24 | For Sale | $500,000 | -- | $178 / 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 | $5,243 | $457,900 | $105,900 | $352,000 |
| 2024 | $5,023 | $437,200 | $102,000 | $335,200 |
| 2023 | $4,401 | $358,700 | $84,300 | $274,400 |
| 2022 | $3,744 | $312,100 | $80,300 | $231,800 |
| 2021 | $3,744 | $270,700 | $76,400 | $194,300 |
| 2020 | $3,397 | $235,100 | $75,300 | $159,800 |
| 2019 | $2,933 | $201,200 | $72,500 | $128,700 |
| 2018 | $3,091 | $211,400 | $78,500 | $132,900 |
| 2017 | $2,908 | $207,700 | $74,800 | $132,900 |
| 2016 | $2,854 | $209,400 | $79,600 | $129,800 |
| 2015 | $2,739 | $209,400 | $79,600 | $129,800 |
| 2014 | $2,751 | $218,700 | $77,300 | $141,400 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Thelin
-
Alvarino Barbosa
A
Buyer's Agent in 2025
Alvarino Barbosa
Keller Williams Coastal
(401) 845-9200
1 in this area
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73311453
APN: FALL-000004I-000000-000051
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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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