NOT LISTED FOR SALE

Estimated Value: $524,000 - $680,000

9 Beds
3 Baths
3,417 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $520,000 $152 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,845/month

5 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Shops
  • Property is near public transit
  • Park
  • Coin Laundry

About This Home

As of April 2023

OFFERS DUE TUESDAY, 01/31/23 AT 5:00PM. GREAT OWNER OCCUPIED or INVESTMENT PROPERTY for the SAVVY INVESTOR looking to get into the "HOT" Fall River market under $500k!! The NEW COMMUTER RAIL will soon be operational so here is YOUR OPPORTUNITY!! Well-kept 3-family house with De-lead Letters of Compliance (attached) and 3 bedroom units each. All units below market rent and all with long-term tenant-at-will tenants. Newer roof within last 5 years done by previous owner, vinyl siding, low maintenance yard and set of coin-op laundry machines transfer with sale as gifts. This is a GREAT OPPORTUNITY that is not to be missed! Open Houses scheduled for Saturday and Sunday 01/28/23 & 01/29/23 from 12-2pm. No other showings will be scheduled. Highest and Best Offers, if any, due Tuesday, 01/31/23 by 5:00pm. Please email all offers in 1 PDF with attached Lead Paint Disclosure. Please allow 24 hours for response.

Last Agent to Sell the Property

Jose Ferreira

Morello Real Estate Listed on: 01/25/2023

Last Buyer's Agent

Pedro Calcano

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,173

Year Built

  • Built in 1900

Lot Details

  • 2,919 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • 3,417 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $3,600
  • Assessor Parcel Number 2821305

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,173

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3417
  • Stories Total: 6
  • MAIN LO: AN4579
  • LIST PRICE PER Sq Ft: 140.18
  • PRICE PER Sq Ft: 152.18
  • MAIN SO: M59500

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Parcel Number: 2821305
  • Zoning: B-L
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2919
  • Lot Size Units: Acres
  • PAGE: 227
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4173.43
  • Tax Book Number: 10378

Multi Family

  • Gross Income: 43800
  • Net Operating Income: 43800
  • Number Of Units Total: 3
  • Total Actual Rent: 3600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2009
Sold by
Pires Gilbert
Bought by
Pires Gilbert and Thompson Debra
Current Estimated Value
$611,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2008
Sold by
Department Of Housing & Urban Dev
Bought by
Pires Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,750
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2007
Sold by
Frazier Dawn M and Gmac Mortgage Llc
Bought by
Gmac Mtg Llc

Purchase Details

Closed on
Jul 30, 2002
Sold by
Abdullah Mohammed
Bought by
Marden Veronica L and Frazier Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,100
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Lee Marcos Daniel and Lee Marcos Tiffany
Bought by
Abdullah Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2001
Sold by
Knight Joyce A Est
Bought by
Lee Marcos Daniel and Lee Marcos Tiffany
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
Pires Gilbert -- --
Pires Gilbert $175,000 --
Gmac Mtg Llc $271,539 --
Marden Veronica L $195,116 --
Abdullah Mohammed $126,000 --
Lee Marcos Daniel $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zacarias Allison $510,581
Closed Figueiredo Luisa M $297,000
Closed Pires Gilbert $178,000
Previous Owner Pires Gilbert $173,750
Previous Owner Lee Marcos Daniel $40,000
Previous Owner Lee Marcos Daniel $261,150
Previous Owner Lee Marcos Daniel $192,100
Previous Owner Lee Marcos Daniel $119,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $520,000 +8.6% $152 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $479,000 +47.4% $140 / Sq Ft
12/30/2020 12/30/20 Sold $325,000 0.0% $95 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $325,000 0.0% $95 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $325,000 -- $95 / 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 $5,600 $489,100 $105,400 $383,700
2024 $5,354 $466,000 $101,500 $364,500
2023 $4,704 $383,400 $83,800 $299,600
2022 $4,173 $330,700 $79,800 $250,900
2021 $3,943 $285,100 $76,000 $209,100
2020 $3,542 $245,100 $74,900 $170,200
2019 $3,015 $206,800 $72,100 $134,700
2018 $2,905 $198,700 $78,100 $120,600
2017 $2,730 $195,000 $74,400 $120,600
2016 $2,681 $196,700 $79,200 $117,500
2015 $2,573 $196,700 $79,200 $117,500
2014 $2,590 $205,900 $76,900 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73073318

MLS Property Information Network (MLS PIN)

APN: FALL-000014B-000000-000052