NOT LISTED FOR SALE

Estimated Value: $488,913 - $695,000

9 Beds
4 Baths
2,661 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $408,000 $153 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,533/month

6 Days on Market

About This Home

As of December 2021

Invest in Fall River! FIRST SHOWING AT OPEN HOUSES ON THURSDAY 9/30 from 5:00 – 6:00 PM and SATURDAY 10/2 from 11:00 – 12:00PM. Opportunity to put your style into this great 3 unit building with an extra garage and 2 sheds and generate a great return. Should do $4000 a month gross rents totally done. 1st floor is 3BR 2 BA unit with a huge deck on the back. 2nd floor is 2 townhouse units – 2-3BR each. Roof is approx 4-5 years old. Property does need some updating and rehab and may pose some challenges for some types of financing.

Last Agent to Sell the Property

David Ferreira

Fortified Realty Group Listed on: 09/28/2021

Last Buyer's Agent

Mington Tea

SmartHub Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,496

Year Built

  • Built in 1895

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Interior Spaces

  • 2,661 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • 3 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number M:0I24 B:0000 L:0050,2828691

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,496

Year Built

Built in 1895

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1895
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Partially Finished
  • Living Area: 2661
  • Stories Total: 5
  • MAIN LO: AN2458
  • MAIN SO: AC1523

Exterior Features

  • Foundation Details: Other
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Lot Info

  • Parcel Number: M:0I24 B:0000 L:0050,2828691
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • LOT SIZE: 8895

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3496

Multi Family

  • Net Operating Income: 25200
  • Number Of Units Total: 3
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 10, 2021
Sold by
Borges Joy B
Bought by
Mota Edward
Seller's Agent
David Ferreira
Fortified Realty Group
Buyer's Agent
Mington Tea
SmartHub Boston
List Price
$350,000
Sold Price
$408,000
Premium/Discount to List
$58,000
16.57%
Current Estimated Value
$597,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,228
Avg. Annual Appreciation
9.36%
Original Mortgage
$400,610
Outstanding Balance
$365,573
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$231,655

Purchase Details

Closed on
Sep 21, 2015
Sold by
Roach Paul M
Bought by
Roach Paul M and Borges Joy B

Purchase Details

Closed on
Aug 13, 1998
Sold by
Mendonca Feliciana B
Bought by
Roach Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mota Edward $408,000 None Available
Roach Paul M -- --
Roach Paul M -- --
Roach Paul M $65,000 --
Roach Paul M $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mota Edward $400,610
Closed Mota Edward $400,610
Previous Owner Roach Paul M $66,300
Previous Owner Roach Paul M $55,000
Previous Owner Roach Paul M $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $408,000 +16.6% $153 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $350,000 -- $132 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,109 $446,200 $105,800 $340,400
2024 $4,828 $420,200 $98,800 $321,400
2023 $4,212 $343,300 $82,900 $260,400
2022 $3,767 $298,500 $78,900 $219,600
2021 $3,496 $252,800 $75,500 $177,300
2020 $3,167 $219,200 $73,100 $146,100
2019 $2,763 $189,500 $73,100 $116,400
2018 $2,531 $173,100 $77,400 $95,700
2017 $2,423 $173,100 $77,400 $95,700
2016 $2,565 $188,200 $94,700 $93,500
2015 $2,416 $184,700 $91,100 $93,600
2014 $2,554 $203,000 $101,100 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72901325

MLS Property Information Network (MLS PIN)

APN: FALL-000024I-000000-000050

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