NOT LISTED FOR SALE

89 Fall River Ave Seekonk, MA 02771

Estimated Value: $400,075 - $517,000

4 Beds
4 Baths
2,074 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $310,000 $149 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,916/month

36 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Shops
  • Wood Flooring
  • Park
  • Heating Available

About This Home

As of September 2021

Great Investment Opportunity or Owner Occupied 3 Family Property. The 1st floor unit features 4 rooms with 2 bedrooms. Back unit and 2nd floor features 3 rooms with 1 bedroom each. All separate utilities and separate entrances. New septic system installed 9/2017! Corner lot with a beautiful backyard and plenty of parking!

Last Agent to Sell the Property

Luisa Lopes

RE/MAX Town & Country Listed on: 07/21/2021

RE/MAX Town & Country

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,074 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hurley Middle School
  • Seekonk High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Oil Water Heater
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $2,100
  • Rent includes unit 1(hot water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks))
  • Assessor Parcel Number 3263339
  • Tax Block 020

Community Details

Recreation

  • Park

Building Details

  • Insurance Expense $2,400
  • Water Sewer Expense $620
  • Operating Expense $4,520
  • Net Operating Income $20,680

Additional Features

  • 3 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,579

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1950
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen,Other (See Remarks)), Unit 3 Rooms(Living Room,Kitchen,Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Oil Water Heater,Electric Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 3
  • Total Bathrooms: 4
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 2074
  • Stories Total: 4
  • MAIN LO: BB9840
  • LIST PRICE PER Sq Ft: 144.41
  • PRICE PER Sq Ft: 149.47
  • MAIN SO: H11111

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 101
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Tar/Gravel
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, for Electric Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Steam), Unit 2(Electric), Unit 3(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School
  • Rent Includes: Unit 1(Hot Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 620

Lot Info

  • Parcel Number: 3263339
  • Zoning: 105
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.4
  • Lot Size Units: Acres
  • LOT SIZE: 14611
  • PAGE: 328

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3578.72
  • Tax Block: 020
  • Tax Book Number: 2754
  • Tax Map Number: 265

Multi Family

  • Gross Income: 25200
  • Insurance Expense: 2400
  • Net Operating Income: 20680
  • Number Of Units Total: 3
  • Operating Expense: 4520
  • Total Actual Rent: 2100
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Seekonk Hs
  • Middle Or Junior School: Hurley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 1985
Bought by
George Lilian
Current Estimated Value
$465,019
Source: Public Records

Range of Values:

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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
George Lilian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson David $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $310,000 -15.6% $149 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $367,500 -7.5% $177 / Sq Ft
07/21/2021 07/21/21 For Sale $397,500 -- $192 / 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 $4,582 $371,000 $123,700 $247,300
2024 $4,269 $345,700 $123,700 $222,000
2023 $4,069 $310,400 $100,600 $209,800
2022 $3,551 $265,200 $96,300 $168,900
2021 $3,551 $261,700 $96,300 $165,400
2020 $3,389 $257,300 $96,600 $160,700
2019 $3,285 $251,500 $96,600 $154,900
2018 $3,050 $228,500 $91,200 $137,300
2017 $2,929 $217,600 $89,200 $128,400
2016 $2,905 $216,600 $89,200 $127,400
2015 $2,822 $213,300 $89,200 $124,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72869312

MLS Property Information Network (MLS PIN)

APN: SEEK-000200-000000-000610