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507 3rd Street

507 3rd Street, Fall River, MA 02721
Multifamily in Fall River
Local assessors in Fall River, MA have categorized 507 3rd Street as a type of property. The home was built in 1900 and is 126 years old. The property's lot size has been calculated to be 2,365 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 9 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 300 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 507 3rd Street has a total of 3,462 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source and it is being fueled with . The property was last sold in Aug 16, 2019 for $310,000. That's $89.54 per sqft. Prior to that sales transaction, the property was also sold in Apr 26, 2019 for $100,000. 507 3rd Street was last assessed in 2023. The total value of the property was assessed at $367,600. Specifically, the land the property is located on was valued at $78,300. While improvements on the property were assessed at a total of $289,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $451,000. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Off Street Parking
Paved Parking

Condition

Level Lot

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20190724
07/24/2019
7 Bed
3 Bath
3075 ft²
$265,000
bedrooms
7 Bed
bathrooms
3 Bath
square feet
3075 ft²
$310,000 +16.98%
09/09/2019
John Ray
Cameron Real Estate Group
20181005
10/05/2018
9 Bed
4 Bath
3075 ft²
$139,900
bedrooms
9 Bed
bathrooms
4 Bath
square feet
3075 ft²
$100,000 -28.52%
04/26/2019
Matt Andrew
Cameron Real Estate Group
20030211
02/11/2003
7 Bed
-
3500 ft²
$249,900
bedrooms
7 Bed
bathrooms
-
square feet
3500 ft²
$245,000 -1.96%
09/18/2003
Ian Moniz
Affordable Real Estate, Inc.


Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 9
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 36
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 3
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 966
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,365
  • Total Building Area: 3,462
  • Gross Building Area: 3,878
  • Building Area: 3,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 3,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000054
  • Standard Land Use Code: 1102
  • County Land Use Code: 105

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640901

Zoning

  • Zoning: CBD

Geography

  • Parcel: FALL M:0I-11 B:0000 L:0069
  • Lot: 69
  • Municipality: FALL RIVER
  • Latitude: 41.6956
  • Longitude: -71.1583

    Address

  • Full Address: 507 3rd St
  • Address - House Number: 507
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C010
  • 4-Digit Zip Code: 5909
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,000

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 516,345
  • High Value: 615,333
  • Low Value: 417,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,600
  • Assessed Land Value: $78,300
  • Assessed Improvements Value: $289,300

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Sep 09, 2019
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14909
  • Previous Sale Recording Date: Apr 26, 2019
  • Previous Sale Contract Date: Apr 26, 2019
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Fall River



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Frequently Asked Questions

What neighborhood is 507 3rd Street located in?
The 507 3rd Street is a multifamily located in the neighborhood of Fall River in Fall River, Fall River.
What is the average sales price for listings in 507 3rd Street?
The average sales price for units in 507 3rd Street is $202,450 , or $66/sqft. currently.

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