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7 Division Street

7 Division Street, Fall River, MA 02721
Property in Fall River
Sold May 28, 2021
$380,000
$373,117 by Envision Bank
Mortgage Due May 28, 2051
Sold Jan 31, 2020
$195,000
$150,000 by Crowd Lending Fund
Mortgage
7 Division Street has been categorized by the local assessors in Fall River, MA as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 14 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 7 Division Street has 3,106 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,459 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex 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 hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a steam heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Division Street sold most recently in May 28, 2021 for a total of $380,000. If you work out the math, that's approximately a cost of $122.34 per sqft. Before that, the property was also sold for $195,000 in Jan 31, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,464 in taxes each year. 7 Division Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $363,800. If we break it down further, the land itself was valued at $84,300. Improvements to the property, however, were assessed at a total of $279,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Triplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,278
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,459
  • Total Building Area: 3,106
  • Gross Building Area: 4,474
  • Building Area: 3,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 3,106
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.079
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : BROWN DONALD
  • Current Owner 2: POWERS JAMES F
  • Previous Owner : 7 DIVISON STREET LLC
  • Owner Before Previous Owner: STEVENS JARED A
  • Owner Before Previous Owner 2: ARRUDA HAZEL I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: A-2

Geography

  • Parcel: FALL M:0G-02 B:0000 L:0013
  • Lot: 13
  • Municipality: FALL RIVER
  • Latitude: 41.698
  • Longitude: -71.1735

    Address

  • Full Address: 7 Division St
  • Address - House Number: 7
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C011
  • 4-Digit Zip Code: 7461
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,464

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 503,943
  • High Value: 600,553
  • Low Value: 407,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $373,117
  • First Open Lien Mortgage Lender: ENVISION BANK
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $373,117
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 28, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,800
  • Assessed Land Value: $84,300
  • Assessed Improvements Value: $279,500

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836929426
  • Current Sale Price: $380,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 12407
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: ENVISION BANK
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $373,117
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: CROWD LENDING FUND
  • Previous Mortgage Transaction Date: Jan 31, 2020
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fall River



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Frequently Asked Questions

What neighborhood is 7 Division Street located in?
The 7 Division Street is a located in the neighborhood of Fall River in Fall River, Fall River.
What is the average sales price for listings in 7 Division Street?
The average sales price for units in 7 Division Street is $0 currently.

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