NOT LISTED FOR SALE

540 Cherry St Unit 5 Fall River, MA 02720

Bank Street Neighborhood

Estimated Value: $166,499 - $266,000

1 Bed
1 Bath
425 Sq Ft
1900 Built

Last Sold February 04, 2016

Last sale price $31,000 $73 Per Sq Ft

Est. 575% increase in value since last sale

Current estimated payment $1,271/month

186 Days on Market

About This Home

As of February 2016

1 bedroom condo, secondfloor, new windows, only 21 condominiums in complex. Currently occupied.

Last Listed By

Russell Guerriero

Russ G Realty Group Listed on: 07/02/2015

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,343

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 2
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Has Basement: No
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park
  • Electric: 60 Amps/Less
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl, Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heating: Central Heat
  • Heat Zones: 1
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Condominium Name: Highland Terrace Condominiums
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: No
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 21
  • Unit Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 1991
Sold by
Rothwell Jeffrey P
Bought by
Fall River 5 Svgs Bank
Total Days on Market
186
Current Estimated Value
$209,125

Purchase Details

Closed on
Aug 8, 1989
Sold by
J&E Rt
Bought by
Rothwell Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Fall River 5 Svgs Bank $26,000 --
Fall River 5 Svgs Bank $26,000 --
Rothwell Jeffrey P $45,900 --
Rothwell Jeffrey P $45,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powderhorn Properties $112,800
Previous Owner Rothwell Jeffrey P $45,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $31,000 -27.7% $73 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
11/17/2015 11/17/15 Price Changed $42,900 -6.5% $101 / Sq Ft
10/07/2015 10/07/15 Price Changed $45,900 -6.1% $108 / Sq Ft
08/20/2015 08/20/15 Price Changed $48,900 -7.6% $115 / Sq Ft
07/02/2015 07/02/15 For Sale $52,900 -- $124 / 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 $1,343 $117,300 $0 $117,300
2024 $1,180 $102,700 $0 $102,700
2023 $881 $71,800 $0 $71,800
2022 $874 $66,500 $0 $66,500
2021 $874 $63,200 $0 $63,200
2020 $775 $53,600 $0 $53,600
2019 $754 $51,700 $0 $51,700
2018 $618 $42,300 $0 $42,300
2017 $756 $54,000 $0 $54,000
2016 $716 $52,500 $0 $52,500
2015 $740 $56,600 $0 $56,600
2014 $766 $60,900 $0 $60,900
Source: Public Records

Agents Affiliated with this Home

  • Russell Guerriero

    Seller's Agent in 2016

    Russell Guerriero

    Russ G Realty Group

    (774) 930-8677

    1 in this area

    18 Total Sales

    Russell Guerriero
    Section Image

  • D

    Buyer's Agent in 2016

    David Hebert

    IMG

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71867202

MLS Property Information Network (MLS PIN)

APN: FALL-000028M-000000-003812

Massachusetts Bristol County Fall River 02720 Bank Street

540 Cherry St Unit 5, Fall River, MA

Homes for Sale in Fall River, MA

This home is located at 540 Cherry St Unit 5, Fall River, MA 02720 since 02 July 2015 and is currently estimated at $209,125, approximately $492 per square foot. This property was built in 1900. 540 Cherry St Unit 5 is a home located in Bristol County with nearby schools including Mary Fonseca Elementary School, Morton Middle School, and B M C Durfee High 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.

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