NOT LISTED FOR SALE

Estimated Value: $609,000 - $674,000

6 Beds
3 Baths
2,923 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 24, 2025

Last sale price $635,000 $217 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,898/month

99 Days on Market

About This Home

As of March 2025

Price adjustment! This well-maintained 3-unit property in Fall River, MA is an ideal investment opportunity! Each unit features 2 spacious bedrooms, a large, updated kitchen, and has been fully renovated within the last few years. All units have separate heating and electric systems, offering tenants full control over their utilities and minimizing landlord responsibilities. The home has also been de-leaded, making the tenant-finding process feel like breeze. Whether you're an experienced investor or just starting, this property is turnkey and ready to generate income. Convenient location close to amenities and major routes makes it a desirable choice for tenants. Don’t miss out! All tenants are Tenants at Will without leases.

Last Agent to Sell the Property

Jordan Pavao

Keller Williams South Watuppa Listed on: 11/11/2024

Keller Williams South Watuppa

Last Buyer's Agent

Isiah Bannis

Kerry Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,765

Year Built

  • Built in 1900

Lot Details

  • 3,010 Sq Ft Lot

Interior Spaces

  • 2,923 Sq Ft Home
  • Granite Flooring
  • City Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $5,050
  • Assessor Parcel Number M:0J16 B:0000 L:0093,2829356

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $42,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,765

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Above Grade Finished Sq Ft: 2923
  • Living Area: 2923
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN3817
  • MAIN SO: AN1979

Exterior Features

  • Foundation Details: Granite
  • Home Warranty YN: No
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0J16 B:0000 L:0093,2829356
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3010
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5765

Multi Family

  • Net Operating Income: 42240
  • Number Of Units Total: 3
  • Total Actual Rent: 5050
  • 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 11, 2024
Closed on
Mar 21, 2025
Sold by
Stolyarov Roman
Bought by
Bannis Karen
Seller's Agent
Jordan Pavao
Keller Williams South Watuppa
Buyer's Agent
Isiah Bannis
Kerry Realty Group
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Views
104
Current Estimated Value
$646,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,185
Avg. Annual Appreciation
2.36%
Original Mortgage
$508,000
Outstanding Balance
$504,970
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,215

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 29, 2023
Sold by
Kamel Ziad B
Bought by
Stolyarov Roman
Seller's Agent
Derick Freitas
Amaral & Associates RE
Buyer's Agent
Jordan Pavao
Keller Williams South Watuppa
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Views
335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$526,500
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 27, 2022
Sold by
Civil Nerlande
Bought by
Kamel Ziad B
Seller's Agent
More 4 Less Anchors
JT Realty Group LLC
Buyer's Agent
David Silen
117 Realty
List Price
$479,900
Sold Price
$515,000
Premium/Discount to List
$35,100
7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$515,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 7, 2020
Closed on
Feb 12, 2021
Sold by
Butler Bro Rlty Grp Llc
Bought by
Civil Nerlande
Seller's Agent
Ronald Oliveira
RE/MAX Vantage
Buyer's Agent
Lauren Tansey Lima
LPT Realty - Home & Key Group
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.86%
Original Mortgage
$358,388
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 10, 2017
Closed on
Sep 15, 2017
Sold by
Marching Properties Ll
Bought by
Butler Brothers Rlty G
Seller's Agent
Manny Lindo
Highland Real Estate Group
Buyer's Agent
Manny Lindo
Highland Real Estate Group
List Price
$199,900
Sold Price
$207,000
Premium/Discount to List
$7,100
3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Original Mortgage
$165,600
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2003
Sold by
Guerriero Pat and Guerriero Sandra H
Bought by
Ingalls Mark C

Purchase Details

Closed on
Jul 7, 1987
Sold by
Long Terence
Bought by
Guerriero Pat
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bannis Karen $635,000 None Available
Bannis Karen $635,000 None Available
Stolyarov Roman $600,000 None Available
Stolyarov Roman $600,000 None Available
Kamel Ziad B $515,000 None Available
Kamel Ziad B $515,000 None Available
Civil Nerlande $365,000 None Available
Civil Nerlande $365,000 None Available
Butler Brothers Rlty G $207,000 --
Butler Brothers Rlty G $207,000 --
Ingalls Mark C $195,000 --
Ingalls Mark C $195,000 --
Guerriero Pat $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bannis Karen $508,000
Closed Bannis Karen $508,000
Previous Owner Stolyarov Roman $526,500
Previous Owner Kamel Ziad B $515,000
Previous Owner Civil Nerlande $358,388
Previous Owner Butler Brothers Rlty G $165,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2025 03/24/25 Sold $635,000 +0.8% $217 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $629,900 -1.6% $215 / Sq Ft
02/03/2025 02/03/25 Price Changed $639,900 -1.4% $219 / Sq Ft
01/20/2025 01/20/25 For Sale $649,000 +2.2% $222 / Sq Ft
12/30/2024 12/30/24 Off Market $635,000 -- --
12/03/2024 12/03/24 For Sale $649,000 0.0% $222 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $649,000 +8.2% $222 / Sq Ft
08/29/2023 08/29/23 Sold $600,000 -3.2% $205 / Sq Ft View Prior Sale
07/17/2023 07/17/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $620,000 +20.4% $212 / Sq Ft
05/27/2022 05/27/22 Sold $515,000 +7.3% $176 / Sq Ft View Prior Sale
04/27/2022 04/27/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $479,900 +31.5% $164 / Sq Ft
02/12/2021 02/12/21 Sold $365,000 -6.4% $125 / Sq Ft View Prior Sale
10/30/2020 10/30/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $389,900 +88.4% $133 / Sq Ft
09/15/2017 09/15/17 Sold $207,000 +3.6% $71 / Sq Ft View Prior Sale
07/19/2017 07/19/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $199,900 -- $68 / 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 $6,028 $526,500 $105,500 $421,000
2024 $5,765 $501,700 $101,600 $400,100
2023 $4,287 $349,400 $83,900 $265,500
2022 $3,818 $302,500 $79,900 $222,600
2021 $3,617 $261,500 $76,000 $185,500
2020 $3,266 $226,000 $74,900 $151,100
2019 $2,799 $192,000 $72,200 $119,800
2018 $2,712 $185,500 $78,200 $107,300
2017 $2,545 $181,800 $74,500 $107,300
2016 $2,507 $183,900 $79,300 $104,600
2015 $2,405 $183,900 $79,300 $104,600
2014 $2,410 $191,600 $76,900 $114,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73311433

MLS Property Information Network (MLS PIN)

APN: FALL-000016J-000000-000093