NOT LISTED FOR SALE

537 William St Fall River, MA 02721

Sandy Beach Neighborhood

Estimated Value: $561,000 - $597,000

6 Beds
3 Baths
3,312 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $470,000 $142 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,483/month

79 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Park
  • Property is near public transit and schools
  • Porch
  • Shops

About This Home

As of March 2023

3 Family with off st parking . First floor vacant with new bathroom and ready for owner occupied financing . ;property consist of a 3 bedroom unit a 4 bedroom unit and a 2 bedroom unit First Showing Saturday November 12 at open house 12 to 1 pm

Last Agent to Sell the Property

Dawn Rusin

Lamacchia Realty, Inc. Listed on: 11/07/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Scott Martin

Long Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,508

Year Built

  • Built in 1900

Lot Details

  • 4,138 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,312 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $2,350
  • Assessor Parcel Number M:0I07 B:0000 L:0053,2827892

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,508

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Unit 2(Range), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3312
  • Stories Total: 6
  • MAIN LO: AN7567
  • MAIN SO: BB9840

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Forced Air,Gas), Unit 3(Gas,Space Heater)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Private School, Public School

Lot Info

  • Parcel Number: M:0I07 B:0000 L:0053,2827892
  • Zoning: A-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4138
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4508

Multi Family

  • Net Operating Income: 28200
  • Number Of Units Total: 3
  • Total Actual Rent: 2350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Mar 2, 2023
Sold by
Araujo Joseph and Araujo Natalie
Bought by
Casseli Dominec
Seller's Agent
Dawn Rusin
Lamacchia Realty, Inc.
Buyer's Agent
Scott Martin
Long Realty Inc.
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Views
124
Current Estimated Value
$576,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,107
Avg. Annual Appreciation
7.40%
Original Mortgage
$352,000
Outstanding Balance
$340,193
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,914

Purchase Details

Closed on
Jul 1, 1997
Sold by
Carreiro Jose M and Fall River Five Cents
Bought by
Araujo Joseph and Araujo Natalie
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
Casseli Dominec $470,000 None Available
Araujo Joseph $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casseli Dominec $352,000
Previous Owner Araujo Joseph $3,180
Previous Owner Araujo Joseph $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2023 03/02/23 Sold $470,000 -4.1% $142 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
11/28/2022 11/28/22 Price Changed $489,900 -1.0% $148 / Sq Ft
11/07/2022 11/07/22 For Sale $495,000 -- $149 / 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 $5,637 $492,300 $106,500 $385,800
2024 $5,801 $504,900 $102,600 $402,300
2023 $5,090 $414,800 $84,800 $330,000
2022 $4,508 $357,200 $80,700 $276,500
2021 $3,892 $281,400 $76,800 $204,600
2020 $3,438 $237,900 $75,700 $162,200
2019 $3,244 $222,500 $72,900 $149,600
2018 $2,816 $192,600 $78,900 $113,700
2017 $2,551 $182,200 $75,200 $107,000
2016 $2,511 $184,200 $80,100 $104,100
2015 $2,409 $184,200 $80,100 $104,100
2014 $2,413 $191,800 $77,700 $114,100
Source: Public Records

Agents Affiliated with this Home

  • Dawn Rusin

    Seller's Agent in 2023

    Dawn Rusin

    Lamacchia Realty, Inc.

    (774) 930-5652

    5 in this area

    40 Total Sales

    Dawn Rusin
    Section Image
  • Scott Martin

    Buyer's Agent in 2023

    Scott Martin

    Long Realty Inc.

    (401) 709-9572

    1 in this area

    33 Total Sales

    Scott Martin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73056042

MLS Property Information Network (MLS PIN)

APN: FALL-000007I-000000-000053

Massachusetts Bristol County Fall River 02721 Sandy Beach

537 William St, Fall River, MA

Not Listed for Sale

MultiFamily

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