NOT LISTED FOR SALE

Estimated Value: $699,000 - $798,000

8 Beds
3 Baths
4,215 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $685,000 $163 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,531/month

42 Days on Market

Highlights

  • Bay View
  • Property is near public transit
  • Corner Lot
  • Deck
  • Loft
  • Balcony

About This Home

As of September 2024

Impressive 3-family property at 501 Durfee Street, Fall River, MA, featuring three generously sized and recently updated apartments. Each unit offers ample living space tailored for contemporary lifestyles. Enjoy stunning views from the rooftop deck, showcasing the iconic Braga Bridge nearby. Perfect for relaxation or gatherings, this rooftop oasis adds charm and appeal. Located in close proximity to the new T station, commuting is effortless, enhancing convenience for residents. The burgeoning waterfront development in the vicinity promises growth and community engagement, making this property an excellent investment opportunity or a superb choice for homeowners seeking modern comfort and strategic location. First floor is vacant and will transfer as such. Both existing tenants are tenants at will.

Last Agent to Sell the Property

Austin Robichaud

Fortified Realty Group Listed on: 06/25/2024

Last Buyer's Agent

Michael Duplan

Advise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,317

Year Built

  • Built in 1900

Lot Details

  • 6,321 Sq Ft Lot
  • Corner Lot

Parking

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

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 4,215 Sq Ft Home
  • Living Room
  • Dining Room
  • Loft
  • Bay Views
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Kitchen

  • Range
  • Dishwasher
  • Instant Hot Water

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $3,100
  • Assessor Parcel Number M:0O14 B:0000 L:0055,2834302

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,317

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Loft
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Instant Hot Water
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Living Area: 4215
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2458
  • MAIN SO: AN4456

Exterior Features

  • Exterior Features: Balcony/Deck
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven, Washer Hookup
  • Heating: Forced Air, Natural Gas, Baseboard
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas, Tank, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0O14 B:0000 L:0055,2834302
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6321
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7317

Multi Family

  • Net Operating Income: 37200
  • Number Of Units Total: 3
  • Total Actual Rent: 3100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Waterview: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 1999
Sold by
Marks John H and Marks Kelly A
Bought by
Vadeboncoeur David
Current Estimated Value
$734,371

Purchase Details

Closed on
Jun 26, 1987
Sold by
Aguiar Manuel V
Bought by
Lacy Kelly A
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
Vadeboncoeur David $53,000 --
Vadeboncoeur David $53,000 --
Lacy Kelly A $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacy Kelly A $191,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $685,000 -2.0% $163 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $699,000 -6.8% $166 / Sq Ft
06/25/2024 06/25/24 For Sale $750,000 +28.2% $178 / Sq Ft
11/19/2021 11/19/21 Sold $585,000 +6.4% $139 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/23/2021 08/23/21 For Sale -- -- --
07/07/2021 07/07/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $550,000 +182.1% $130 / Sq Ft
09/07/2016 09/07/16 Sold $195,000 -6.7% $46 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $209,000 -- $50 / 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 $7,652 $668,300 $126,600 $541,700
2024 $7,317 $636,800 $121,800 $515,000
2023 $6,537 $532,800 $104,400 $428,400
2022 $5,488 $434,900 $94,900 $340,000
2021 $5,166 $373,500 $87,800 $285,700
2020 $4,589 $317,600 $84,000 $233,600
2019 $3,896 $267,200 $80,000 $187,200
2018 $3,240 $221,600 $78,500 $143,100
2017 $3,305 $236,100 $80,100 $156,000
2016 $3,214 $235,800 $83,500 $152,300
2015 $3,044 $232,700 $80,400 $152,300
2014 $3,155 $250,800 $84,600 $166,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73257005

MLS Property Information Network (MLS PIN)

APN: FALL-000014O-000000-000055