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188 Palmer Street # F, Fall River MA 02724

Fall River, MA 02724
$358,000
Est. $2,195/month
4
Beds
2
Baths
720
Sq Ft
$497
Price/Sq Ft
0.00
Acres
1987
Year Built
2 Family - 2 Units Up/Down
Type
44
Days on Market
Closed Listed Nov 7, 2024 • MLS# 73310354 Copied!

About this home

Attention Investors!! Opportunity knocks with this two unit condo package! Being sold along with unit A in the same building. Two condos, both two bedrooms (first floor and a top floor, best of both worlds). The units are both rented to long time tenants for $1,350.00 (Unit F) and $1,250.00 (Unit A). Professionally managed condo association. With the commuter train heading to the city this is a great investment opportunity!

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Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1987
Bedrooms
4
Full Bathrooms
2
Living Area
720 sq ft
Total Rooms
8
Stories
2
Levels
2

Sale Statistics

Sale Overview
Original List Price: $342,900
Final Sale Price: $358,000
Difference: +$15,100 (+4.4%)
Performance Metrics
104.4%
List to Sale Ratio
Sold above asking price
44
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $476
Sale $/sq ft: $497
This property sold for $497 per square foot
Sale Summary

This property sold for 4.4% above the original asking price, indicating strong buyer demand.

The property spent 44 days on market before selling.

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1987
Living Area 720 sq ft
Lot Size 0.0000
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,217
Assessed Value $193,600

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1987
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive

Location

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Neighborhood

188 Palmer Street # F, Fall River MA 02724

Fall River, MA 02724

Walkability

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Nearby Schools

School District
Fall River School District local
C-
⚠ School Safety 2024-25
8.4% Above Average
8.4% Suspensions 2.1% In-School
↑ 2.9% above state avg
E

Elementary Schools

3 schools
C
Carlton M. Viveiros Elementary School
0.6 mi | #653 of 824 | Score: 38.2
Improved 122 spots from last year
-20 below state avg
712 students Diverse
Rising School Diverse Student Body
Grades K-05
C
William S Greene School
0.7 mi | #609 of 824 | Score: 40.5
Improved 173 spots from last year
-17.8 below state avg
733 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
East Gate Christian Academy
0.7 mi
Grades PK-12
M

Middle Schools

1 school
D
Matthew J Kuss Middle School
0.8 mi | #336 of 352 | Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Argosy Collegiate Charter School
0.3 mi | #244 of 346 | Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students Diverse
7 sports • 126 athletes
Early College Program College Ready Curriculum Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
1.5 mi | #393 of 346 | Score: 16.3
Same rank as last year
171 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.7 mi
Grades 06-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $185
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

4.2%
Price Range
47
Total Days on Market

Property Timeline

✓
Sold
Jan 9, 2025
$358,000
Property sold
Days on Market: 47
🏠
Listed for Sale
Nov 7, 2024
$342,900
Original listing
Agent: John Dator III Office: Professional Real Estate

Price & Status History

Date Event Price Change
Nov 7, 2024 New Listing Added $342,900 —

Market Statistics

Days on Market
44 days
Price per Sq Ft
$497

Tax History

Year Taxes Assessment
2025 $2,217 $193,600

Financial Details

Annual Property Tax
$2,217
Tax Year 2025
Assessed Value
$193,600

Listing Information

Listing Agent John Dator III
Listing Office Professional Real Estate
Agent MLS ID CN255921
Office MLS ID FR0178
Listing Data Updated Jan 9, 2025 1:48 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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188 Palmer Street # F, Fall River MA 02724 - Photo 1 188 Palmer Street # F, Fall River MA 02724 - Photo 2
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