NOT LISTED FOR SALE

550 Spring St Unit 1 Fall River, MA 02721

Corky Row Neighborhood

Estimated Value: $519,525

3 Beds
2.5 Baths
1,920 Sq Ft
$230/mo HOA Fee

Last Sold March 22, 2024

Last sale price $385,000 $201 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,442/month

72 Days on Market

Highlights

  • Medical Services
  • Park
  • Forced Air Heating and Cooling System
  • Property is near public transit
  • Shops

About This Home

As of March 2024

Welcome to the Five on Spring townhomes. New Construction located in the Fall River arts overlay district close by to downtown, highway access, bus terminal station and just over 1 mile from the SouthCoast MBTA commuter rail. Each unit offers 3 floors of a spacious modern design with just over 1900 sq ft of living space, 3 beds, 2.5 baths, central heating/AC, all cabinetry with quartz countertops, laundry hook ups in each unit, 2 deeded parking spaces, and much more.

Last Agent to Sell the Property

Fred Grizotte

Paiva Real Estate Services, LLC Listed on: 11/29/2023

Last Buyer's Agent

Ziad Nasrallah

revolv Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,921

Year Built

  • Built in 2023

Lot Details

  • 0.26

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 3-Story Property
  • Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, snow removal
  • 5 Units
  • Five On Spring Condominiums Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,921

Year Built

Built in 2023

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 2023
  • Entry Level: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Entry Location: Unit Placement(Ground,Walkout)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Plumbed For Ice Maker
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup
  • Basement: N
  • Living Area: 1920
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN1801
  • MAIN SO: AN0304
  • Insulation: Full

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Icemaker Connection
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Other (See Remarks)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 230
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Snow Removal

Lot Info

  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Hazel Andre J
Bought by
Harvey Ruth A
Current Estimated Value
$519,525

Purchase Details

Closed on
Jun 14, 2024
Sold by
Grizotte Capital Llc
Bought by
Hazel Andre J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 29, 2023
Closed on
May 9, 2024
Sold by
Grizotte Capital Llc
Bought by
Krasniqi Akouvi
Seller's Agent
Fred Grizotte
Paiva Real Estate Services, LLC
Buyer's Agent
Ziad Nasrallah
revolv Real Estate
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 29, 2023
Closed on
Apr 25, 2024
Sold by
Garizotte Capital Llc
Bought by
Reid Charlton
Seller's Agent
Fred Grizotte
Paiva Real Estate Services, LLC
Buyer's Agent
Ziad Nasrallah
revolv Real Estate
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 29, 2023
Closed on
Apr 3, 2024
Sold by
Grizotte Capital Llc
Bought by
Mitchell Helen T
Seller's Agent
Fred Grizotte
Paiva Real Estate Services, LLC
Buyer's Agent
Ziad Nasrallah
revolv Real Estate
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,832
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 29, 2023
Closed on
Mar 22, 2024
Sold by
Grizotte Capital Llc
Bought by
Rzegocka Sylwia
Seller's Agent
Fred Grizotte
Paiva Real Estate Services, LLC
Buyer's Agent
Ziad Nasrallah
revolv Real Estate
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,832
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2013
Sold by
Fleming Int and Fleming F
Bought by
4M6 Resnik Llc
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 Buyer Sale Price Title Company
Harvey Ruth A -- None Available
Harvey Ruth A -- None Available
Harvey Ruth A -- None Available
Hazel Andre J $389,900 None Available
Hazel Andre J $389,900 None Available
Hazel Andre J $389,900 None Available
Krasniqi Akouvi $391,900 None Available
Krasniqi Akouvi $391,900 None Available
Krasniqi Akouvi $391,900 None Available
Reid Charlton $385,000 None Available
Reid Charlton $385,000 None Available
Reid Charlton $385,000 None Available
Mitchell Helen T $380,000 None Available
Mitchell Helen T $380,000 None Available
Mitchell Helen T $380,000 None Available
Rzegocka Sylwia $385,000 None Available
Rzegocka Sylwia $385,000 None Available
Rzegocka Sylwia $385,000 None Available
4M6 Resnik Llc $2,000,000 --
4M6 Resnik Llc $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hazel Andre J $300,000
Previous Owner Krasniqi Akouvi $404,832
Previous Owner Reid Charlton $373,450
Previous Owner Mitchell Helen T $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $385,000 +1.3% $201 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $379,900 -- $198 / 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 $5,921 $1,639,100 $0 $1,639,100
2024 $5,921 $515,300 $125,100 $390,200
2023 $3,586 $139,200 $113,600 $25,600
2022 $3,763 $139,200 $113,600 $25,600
2021 $4,015 $135,200 $111,900 $23,300
2020 $4,255 $139,000 $117,100 $21,900
2019 $4,359 $139,000 $117,100 $21,900
2018 $4,341 $139,500 $117,100 $22,400
2017 $4,274 $139,500 $117,100 $22,400
2016 $4,064 $139,500 $117,100 $22,400
2015 $3,942 $140,100 $117,100 $23,000
2014 $3,738 $140,100 $117,100 $23,000
Source: Public Records

Agents Affiliated with this Home

  • Fred Grizotte

    Seller's Agent in 2024

    Fred Grizotte

    Paiva Real Estate Services, LLC

    (508) 840-0553

    5 in this area

    30 Total Sales

    Fred Grizotte
    Section Image
  • Ziad Nasrallah

    Buyer's Agent in 2024

    Ziad Nasrallah

    revolv Real Estate

    (508) 965-1897

    2 in this area

    72 Total Sales

    Ziad Nasrallah
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73183507

MLS Property Information Network (MLS PIN)

APN: FALL-000020N-000000-000034

Massachusetts Bristol County Fall River 02721 Corky Row

550 Spring St Unit 1, Fall River, MA

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