Seller's Agent in 2023
Cameron Carbone
RE/MAX
(774) 269-9818
1 in this area
17 Total Sales
499 Tecumseh St Fall River, MA 02721
Niagara NeighborhoodEstimated Value: $362,000 - $422,000
4
Beds
2
Baths
1,635
Sq Ft
$238/Sq Ft
Est. Value
About This Home
As of October 2023499 Tecumseh St is officially deemed a two family again with the city of Fall River! In 2008, the previous owners made it a single family home, but only in name. Permit was pulled and completed. A letter is attached to this listing from the Fall River Building Dept certifying it as a two family once more. From 2008 until now, it has still actively been used as a two-family. Both units are separated and currently occupied by tenants. Each unit has 2 beds, 1 bath. The first floor unit has some newer updates like oak wood cabinets and fresh paint. Left half of roof was redone 2 years ago. There are hardwood floors throughout the home. The real value comes from the potential of the third floor. It is currently unoccupied, in need of repairs, but contains 4 rooms that are currently not used for anything. Possibility to make third floor into a 3rd unit, create a master suite for the 2nd floor unit, or create shared storage for units. Back on market due to buyer's financing falling through.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,913
Year Built
- Built in 1900
Lot Details
- 2,831
Home Design
- Block Foundation
Interior Spaces
- 1,635 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Community Details
- 2 Units
- Net Operating Income $30,000
Listing and Financial Details
- Total Actual Rent $2,500
- Assessor Parcel Number M:0I24 B:0000 L:0099,4168808
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2023
Closed on
Oct 27, 2023
Sold by
53 Ashley Street Dev Llc
Bought by
Mendes Joseph
Seller's Agent
Cameron Carbone
RE/MAX Platinum
Buyer's Agent
Joel Cordero
RE/MAX Vantage
List Price
$369,900
Sold Price
$369,900
Views
140
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
$19,992
Avg. Annual Appreciation
2.51%
Original Mortgage
$332,910
Outstanding Balance
$326,135
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$63,757
Purchase Details
Closed on
Jan 23, 2023
Sold by
Almeida Thomas and Lavoie Lisa M
Bought by
53 Ashley St Dev Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 22, 2017
Sold by
Almeida Lisa M
Bought by
Lavoie Lisa M and Almeida Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2002
Sold by
Twm Rlty Inc and Swansea Rlty Corp
Bought by
Almedia Lisa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,793
Interest Rate
6.81%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mendes Joseph | $369,900 | None Available | |
| 53 Ashley St Dev Llc | $260,000 | None Available | |
| Lavoie Lisa M | -- | -- | |
| Almedia Lisa M | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mendes Joseph | $332,910 | |
| Previous Owner | 53 Ashley St Dev Llc | $183,000 | |
| Previous Owner | Lavoie Lisa M | $100,000 | |
| Previous Owner | Almedia Lisa M | $107,793 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $369,900 | 0.0% | $226 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 08/07/2023 08/07/23 | For Sale | $369,900 | 0.0% | $226 / Sq Ft |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 07/08/2023 07/08/23 | For Sale | $369,900 | -- | $226 / 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 | $3,535 | $308,700 | $100,300 | $208,400 |
| 2024 | $3,215 | $279,800 | $93,700 | $186,100 |
| 2023 | $2,913 | $237,400 | $78,600 | $158,800 |
| 2022 | $2,544 | $201,600 | $74,800 | $126,800 |
| 2021 | $2,437 | $176,200 | $71,600 | $104,600 |
| 2020 | $2,416 | $167,200 | $69,300 | $97,900 |
| 2019 | $2,381 | $163,300 | $69,300 | $94,000 |
| 2018 | $2,393 | $163,700 | $73,400 | $90,300 |
| 2017 | $2,269 | $162,100 | $73,400 | $88,700 |
| 2016 | $2,361 | $173,200 | $89,800 | $83,400 |
| 2015 | $2,220 | $169,700 | $86,300 | $83,400 |
| 2014 | $2,256 | $179,300 | $95,900 | $83,400 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Carbone
-
Joel Cordero
J
Buyer's Agent in 2023
Joel Cordero
RE/MAX
(508) 317-1771
1 in this area
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73133711
APN: FALL-000024I-000000-000099
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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