$122,500
SOLD FEB 29, 2016

501 Summit St Fall River, MA 02724

Sandy Beach Neighborhood
3 Beds
2 Baths
1,510 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

29% Below List Price

160 Days on Market

About This Home

As of May 2018

$$$$ PRICE REDUCED, GET INSIDE THIS HOME NOW BEFORE IT IS SOLD $$$$$$$ FOLLOW SHOWING INSTRUCTIONS - Offers should include proof of funds (if cash offer) or pre-approval (if financing) and will be required for final acceptance. Great south end location for this single family cottage with some amazing water views. Located at the top of Summit St this home has some great views of the bay. This location has easy access to Tiverton, and all Fall River amenities such as schools, shopping, downtown and local/area highways. The exterior of the home has vinyl siding, off street parking and a nice second floor deck. This first floor of this home has a nice size kitchen, double living room, one bedroom and a full bathroom. The second floor has two additional bedrooms, including a master with nice size deck and a second full bathroom.

Last Agent to Sell the Property

Charles Roberts

Roberts Associates Real Estate Listed on: 06/16/2015

Last Buyer's Agent

Tony Melo

Trident Realty Group

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,153

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Basement: Partial, Interior Access
  • Bedroom 2: Second Floor, 10X10
  • Bedroom 3: First Floor, 8X8
  • Bathroom #1: First Floor, 6X6
  • Bathroom #2: Second Floor, 5X4
  • Kitchen: First Floor, 12X11
  • Living Room: First Floor, 11X8
  • Master Bedroom: Second Floor, 12X7
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet, Balcony - Exterior, Slider
  • Dining Room: First Floor, 11X8

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Oil, Hot Water Baseboard

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Viveiros
  • Middle School: Henry Lord
  • High School: Durfee

Lot Info

  • Assessor Parcel Number: M:0B-01 B:0000 L:0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2018
Closed on
Apr 4, 2018
Sold by
Delisle Adam
Bought by
Pina Dwayne and Delisle Adam
Seller's Agent
Tony Melo
Trident Realty Group
Buyer's Agent
Stephanie Thompson
Fathom Realty MA
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$435,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,660
Avg. Annual Appreciation
6.88%
Original Mortgage
$190,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2015
Closed on
Feb 29, 2016
Sold by
Fnma
Bought by
Delisle Adam
Seller's Agent
Charles Roberts
Roberts Associates Real Estate
Buyer's Agent
Tony Melo
Trident Realty Group
List Price
$172,900
Sold Price
$122,500
Premium/Discount to List
-$50,400
-29.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.20%
Original Mortgage
$150,529
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2015
Sold by
Banville Peter
Bought by
Fnma

Purchase Details

Closed on
Oct 3, 2007
Sold by
Mongeon Kenneth A
Bought by
Banville Karen and Banville Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2007
Sold by
Mongeon Kenneth A
Bought by
Guilmette Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2006
Sold by
Soares Mary Constance
Bought by
Mongeon Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- --
Warranty Deed $122,500 --
Foreclosure Deed $171,000 --
Deed $229,000 --
Deed $235,000 --
Deed $370,000 --
Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,529 FHA
Previous Owner $229,000 Purchase Money Mortgage
Previous Owner $223,250 Purchase Money Mortgage
Previous Owner $259,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $240,000 0.0% $159 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $240,000 +95.9% $159 / Sq Ft
02/29/2016 02/29/16 Sold $122,500 -1.9% $81 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
10/28/2015 10/28/15 Price Changed $124,900 -7.4% $83 / Sq Ft
09/24/2015 09/24/15 Price Changed $134,900 -3.6% $89 / Sq Ft
09/23/2015 09/23/15 Price Changed $139,900 -6.7% $93 / Sq Ft
08/25/2015 08/25/15 Price Changed $149,900 -6.3% $99 / Sq Ft
07/20/2015 07/20/15 Price Changed $159,900 -7.5% $106 / Sq Ft
06/16/2015 06/16/15 For Sale $172,900 -- $115 / 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 $4,153 $362,700 $133,900 $228,800
2024 $3,928 $341,900 $131,300 $210,600
2023 $3,723 $303,400 $118,300 $185,100
2022 $3,472 $275,100 $111,600 $163,500
2021 $0 $230,700 $106,600 $124,100
2020 $3,186 $220,500 $101,800 $118,700
2019 $3,033 $208,000 $106,400 $101,600
2018 $0 $194,300 $107,100 $87,200
2017 $2,709 $193,500 $107,100 $86,400
2016 $2,618 $192,100 $110,400 $81,700
2015 $2,638 $201,700 $110,400 $91,300
2014 $2,537 $201,700 $110,400 $91,300
Source: Public Records

Agents Affiliated with this Home

  • Tony Melo

    Seller's Agent in 2018

    Tony Melo

    Trident Realty Group

    (508) 369-9755

    21 Total Sales

    Tony Melo
    Section Image

  • S

    Buyer's Agent in 2018

    Stephanie Thompson

    Fathom Realty MA

    Section Image

  • C

    Seller's Agent in 2016

    Charles Roberts

    Roberts Associates Real Estate

    (401) 741-7933

    36 Total Sales

    Charles Roberts
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71858663

MLS Property Information Network (MLS PIN)

APN: FALL-000001B-000000-000001

Massachusetts Bristol County Fall River 02724 Sandy Beach

501 Summit St, Fall River, MA

This home is located at 501 Summit St, Fall River, MA 02724 and is currently priced at $122,500, approximately $81 per square foot. This property was built in 1900. 501 Summit St is a home located in Bristol County with nearby schools including Henry Lord Community School, B M C Durfee High School, and Argosy Collegiate Charter School.

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.

MLS Property Information Network (MLS PIN) 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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