Seller's Agent in 2024
Zach Midwood
Divine Real Estate, Inc.
(508) 207-5351
2 in this area
85 Total Sales
554 Third St Fall River, MA 02721
Corky Row NeighborhoodEstimated Value: $548,000 - $671,551
9
Beds
3
Baths
3,608
Sq Ft
$174/Sq Ft
Est. Value
About This Home
As of June 2024Multifamily property for sale in Fall River! This large three family features 3-bedrooms and 1 full bathroom per apartment. A perfect fit for investors looking to add to their portfolio or an owner occupant planning to live in one apartment and rent out the others. First floor is vacant and easy to show. Separate utilities. Additional income - Seller rents the large storage shed for $500 per month. Reach out to schedule a showing today!
Last Buyer's Agent
Marcus Duviella
Divine Real Estate, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,834
Year Built
- Built in 1900
Lot Details
- 6,865 Sq Ft Lot
Home Design
- Stone Foundation
Interior Spaces
- 3,608 Sq Ft Home
- Granite Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Total Actual Rent $6,600
- Assessor Parcel Number M:0I11 B:0000 L:0013,2828102
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $79,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2024
Closed on
Jun 21, 2024
Sold by
Divine Development Llc
Bought by
Zeme Soeurette and Montfleury Marie J
Seller's Agent
Zach Midwood
Divine Real Estate, Inc.
Buyer's Agent
Marcus Duviella
Divine Real Estate, Inc.
List Price
$749,900
Sold Price
$655,000
Premium/Discount to List
-$94,900
-12.66%
Views
128
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,612
Avg. Annual Appreciation
-2.89%
Original Mortgage
$633,139
Outstanding Balance
$623,364
Interest Rate
6.37%
Mortgage Type
FHA
Estimated Equity
$4,024
Purchase Details
Closed on
Aug 3, 2022
Sold by
Soares Joao F and Soares Eduarda
Bought by
Divine Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 29, 2022
Sold by
Soares Roger S and Soares John M
Bought by
Soares Joan F and Soares Eduarda
Purchase Details
Closed on
Oct 23, 2021
Sold by
Soares Joao F and Soares Eduarda
Bought by
Soares Joao F and Soares Eduarda
Purchase Details
Closed on
Oct 27, 1994
Sold by
Pereira Maria
Bought by
Soares Joao F and Soares Eduarda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,227
Interest Rate
8.65%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zeme Soeurette | $655,000 | None Available | |
| Zeme Soeurette | $655,000 | None Available | |
| Zeme Soeurette | $655,000 | None Available | |
| Divine Development Llc | $600,000 | None Available | |
| Divine Development Llc | $600,000 | None Available | |
| Divine Development Llc | $600,000 | None Available | |
| Soares Joan F | -- | None Available | |
| Soares Joan F | -- | None Available | |
| Soares Joan F | -- | None Available | |
| Soares Joao F | -- | None Available | |
| Soares Joao F | -- | None Available | |
| Soares Joao F | -- | None Available | |
| Soares Joao F | $109,000 | -- | |
| Soares Joao F | $109,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zeme Soeurette | $633,139 | |
| Closed | Zeme Soeurette | $633,139 | |
| Previous Owner | Divine Development Llc | $600,000 | |
| Previous Owner | Soares Joao F | $101,227 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $655,000 | -3.7% | $182 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 03/30/2024 03/30/24 | Price Changed | $679,900 | -2.9% | $188 / Sq Ft |
| 03/06/2024 03/06/24 | Price Changed | $699,900 | -6.7% | $194 / Sq Ft |
| 02/21/2024 02/21/24 | For Sale | $749,900 | -- | $208 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,385 | $470,300 | $100,900 | $369,400 |
| 2024 | $8,493 | $739,200 | $97,100 | $642,100 |
| 2023 | $7,468 | $608,600 | $81,400 | $527,200 |
| 2022 | $6,559 | $519,700 | $77,500 | $442,200 |
| 2021 | $5,893 | $426,100 | $74,200 | $351,900 |
| 2020 | $5,186 | $358,900 | $71,800 | $287,100 |
| 2019 | $4,370 | $299,700 | $71,800 | $227,900 |
| 2018 | $4,101 | $280,500 | $76,000 | $204,500 |
| 2017 | $3,927 | $280,500 | $76,000 | $204,500 |
| 2016 | $3,985 | $292,400 | $93,000 | $199,400 |
| 2015 | $3,779 | $288,900 | $89,500 | $199,400 |
| 2014 | $3,998 | $317,800 | $99,400 | $218,400 |
Source: Public Records
Agents Affiliated with this Home
-
Zach Midwood
-
M
Buyer's Agent in 2024
Marcus Duviella
Divine Real Estate, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73204093
APN: FALL-000011I-000000-000013
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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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