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478 South Street East

478 South Street East, Raynham, MA 02767
Property in Raynham
Sold Dec 08, 2017
Transfer
$8,700,000 by Eastern Bank
Mortgage Due Dec 08, 2047
Sold Jul 18, 2016
$400,000
$280,000 by Bridgewater Savings Bank
Mortgage
478 South Street East has been categorized by the local assessors in Raynham, MA as a residential type of property. The building on the property was first built in 1984 and is 40 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 478 South Street East has 3,320 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,120 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 132,871 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $400,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $88,224 in taxes each year. 478 South Street East was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $7,103,400. If we break it down further, the land itself was valued at $1,800,000. Improvements to the property, however, were assessed at a total of $5,303,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 5
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 42
  • Basement Type: Full basement
  • Basement Area: 1,120
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 132,871
  • Total Building Area: 3,320
  • Gross Building Area: 5,200
  • Building Area: 3,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,320
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.05
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : RVM PHASE 2 LLC
  • Previous Owner : KING DOUGLAS A
  • Owner Before Previous Owner: ROBERSON ALICE G
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bridgewater-Raynham School District
  • Census Tract: 612201

Geography

  • Account Number: 3170
  • Parcel: RAYN M:17 B:84 L:A
  • Block: 84
  • Lot: A
  • Municipality: RAYNHAM
  • Latitude: 41.8976
  • Longitude: -71.0355

    Address

  • Full Address: 478 South St E
  • Address - House Number: 478
  • Street Segment Direction: E
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: MA
  • City Name: Raynham
  • Zip Code: 02767

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $88,224

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,700,000
  • First Open Lien Mortgage Lender: EASTERN BANK
  • First Open Lien Mortgage Recording Date: Dec 08, 2017
  • First Open Lien Mortgage Loan Amount: $8,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 08, 2047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $7,103,400
  • Assessed Land Value: $1,800,000
  • Assessed Improvements Value: $5,303,400

    Sales

  • Current Sale Recording Date: Dec 08, 2017
  • Current Sale Transaction ID: 11338967546
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 49722
  • Previous Sale Recording Date: Jul 18, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN BANK
  • First Mortgage Transaction Date: Dec 08, 2017
  • First Mortgage Loan Amount: $8,700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGEWATER SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 18, 2016
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Bristol



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Frequently Asked Questions

What neighborhood is 478 South Street East located in?
The 478 South Street East is a located in the neighborhood of Raynham in Bristol, Raynham.
What is the average sales price for listings in 478 South Street East?
The average sales price for units in 478 South Street East is $0 currently.

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