NOT LISTED FOR SALE

540 Cherry St Unit 3 Fall River, MA 02720

Bank Street Neighborhood

Estimated Value: $164,894 - $228,000

1 Bed
1 Bath
615 Sq Ft
1900 Built

Last Sold April 30, 2015

Last sale price $40,500 $66 Per Sq Ft

Est. 403% increase in value since last sale

Current estimated payment $1,192/month

124 Days on Market

About This Home

As of April 2015

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 location for this garden style condo close to schools, shopping, New Boston Road, Robeson St and local/area highway systems. Nice first floor 1 bedroom unit close to all city amenities. This unit is full of natural light with 14 windows. Inside there is a good size eat in kitchen, large living room with hardwood floors and bedroom with hardwood floors.

Last Agent to Sell the Property

Charles Roberts

Roberts Associates Real Estate Listed on: 12/04/2014

Last Buyer's Agent

Brendan Roberts

Roberts Associates Real Estate

Property Details

Home Type

Condominium

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, Front
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School

Exterior Features

  • Construction: Frame
  • Exterior: Wood

Garage/Parking

  • Parking Spaces: 0

Condo/Co-op/Association

  • Condominium Name: Highland Terrace Condo
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping
  • Association Pool: No
  • Management: Professional - Off Site
  • No Units: 21
  • Unit Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Apr 30, 2015
Sold by
Fnma
Bought by
Powderhorn Properties
Seller's Agent
Charles Roberts
Roberts Associates Real Estate
Buyer's Agent
Brendan Roberts
Roberts Associates Real Estate
List Price
$42,900
Sold Price
$40,500
Premium/Discount to List
-$2,400
-5.59%
Current Estimated Value
$203,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,224
Avg. Annual Appreciation
16.26%
Original Mortgage
$32,400
Outstanding Balance
$24,888
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$178,836

Purchase Details

Closed on
Aug 11, 2014
Sold by
Lima Daniel S and Green Tree Servicing L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 2005
Sold by
Dalton Kristen
Bought by
Lima Daniel S

Purchase Details

Closed on
Jan 30, 2004
Sold by
Szczepkowski Dorothy
Bought by
Dalton Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 1991
Sold by
Fall River Five Sb
Bought by
Burton Donnell

Purchase Details

Closed on
Jun 4, 1991
Sold by
Fingliss Joseph P and Fingliss Nancy J
Bought by
Fall River 5 Svgs Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Powderhorn Properties $40,500 --
Federal National Mortgage Association $112,894 --
Federal National Mortgage Association $112,894 --
Lima Daniel S $105,000 --
Lima Daniel S $105,000 --
Dalton Kristen $71,900 --
Dalton Kristen $71,900 --
Burton Donnell $26,900 --
Burton Donnell $26,900 --
Fall River 5 Svgs Bank $55,006 --
Fall River 5 Svgs Bank $55,006 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powderhorn Properties $32,400
Closed Fall River 5 Svgs Bank $32,400
Previous Owner Fall River 5 Svgs Bank $57,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $40,500 0.0% $66 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
03/25/2015 03/25/15 Off Market $40,500 -- --
03/11/2015 03/11/15 For Sale $42,900 +5.9% $70 / Sq Ft
02/25/2015 02/25/15 Off Market $40,500 -- --
02/20/2015 02/20/15 Price Changed $42,900 -10.4% $70 / Sq Ft
02/16/2015 02/16/15 For Sale $47,900 +18.3% $78 / Sq Ft
02/13/2015 02/13/15 Off Market $40,500 -- --
01/08/2015 01/08/15 Price Changed $47,900 -12.8% $78 / Sq Ft
12/04/2014 12/04/14 For Sale $54,900 -- $89 / 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 $1,529 $133,500 $0 $133,500
2024 $1,341 $116,700 $0 $116,700
2023 $1,011 $82,400 $0 $82,400
2022 $1,003 $76,300 $0 $76,300
2021 $1,003 $72,500 $0 $72,500
2020 $887 $61,400 $0 $61,400
2019 $863 $59,200 $0 $59,200
2018 $709 $48,500 $0 $48,500
2017 $865 $61,800 $0 $61,800
2016 $819 $60,100 $0 $60,100
2015 $848 $64,800 $0 $64,800
2014 -- $69,800 $0 $69,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Charles Roberts

    Roberts Associates Real Estate

    (401) 741-7933

    35 Total Sales

    Charles Roberts
    Section Image

  • B

    Buyer's Agent in 2015

    Brendan Roberts

    Roberts Associates Real Estate

    (401) 954-7933

    4 in this area

    38 Total Sales

    Brendan Roberts
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71774391

MLS Property Information Network (MLS PIN)

APN: FALL-000028M-000000-003810

Massachusetts Bristol County Fall River 02720 Bank Street

540 Cherry St Unit 3, Fall River, MA

Not Listed for Sale

Condos

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