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494 Spencer Street

494 Spencer Street, Fall River, MA 02721
Property in Fall River
Sold Nov 09, 2012
$155,000
$270,000 by Baycoast Mortgage Company
Mortgage Due Oct 01, 2053
Sold Apr 23, 1999
$125,000
$118,750 by First Eastern Mtg Co
Mortgage
494 Spencer Street in Fall River, MA was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 494 Spencer Street has 1,950 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,978 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as fair. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit 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, 494 Spencer Street sold most recently in Jan 1, 1970 for a total of $155,000. If you work out the math, that's approximately a cost of $79.49 per sqft. Before that, the property was also sold for $125,000 in Jan 1, 1970. 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 $3,474 in taxes each year. 494 Spencer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $283,100. If we break it down further, the land itself was valued at $127,100. Improvements to the property, however, were assessed at a total of $156,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,040
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,978
  • Total Building Area: 1,950
  • Gross Building Area: 3,054
  • Building Area: 1,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,950
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GONCALO CHRISTOPHER
  • Current Owner 2: BENFEITO DEOLINDA
  • Previous Owner : GARDELLA STEOGEB O
  • Previous Owner 2: GARDELLA NORINE J
  • Owner Before Previous Owner: REBELLO MILTON J
  • Owner Before Previous Owner 2: REBELLO SUSAN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fall River School District
  • Census Tract: 640800

Zoning

  • Zoning: S

Geography

  • Parcel: FALL M:0D-07 B:0000 L:0085
  • Lot: 85
  • Municipality: FALL RIVER
  • Latitude: 41.6675
  • Longitude: -71.1449

    Address

  • Full Address: 494 Spencer St
  • Address - House Number: 494
  • Address - Street Name: Spencer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Fall River
  • Carrier Code: C016
  • 4-Digit Zip Code: 4514
  • Zip Code: 02721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,474

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 404,754
  • High Value: 486,858
  • Low Value: 322,649

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $452,250
  • First Open Lien Mortgage Lender: BAYCOAST MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Sep 06, 2023
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053
  • Second Open Lien Mortgage Lender: BAYCOAST MORTGAGE COMPANY
  • Second Open Lien Mortgage Recording Date: Jan 29, 2021
  • Second Open Lien Mortgage Loan Amount: $142,250
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2051
  • Third Open Lien Mortgage Lender: BAYCOAST BANK
  • Third Open Lien Mortgage Recording Date: Jun 24, 2021
  • Third Open Lien Mortgage Loan Amount: $40,000
  • Third Open Lien Mortgage Term: 240
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Third Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,100
  • Assessed Land Value: $127,100
  • Assessed Improvements Value: $156,000

    Sales

  • Current Sale Recording Date: Nov 09, 2012
  • Current Sale Transaction ID: 1085599786
  • Current Sale Price: $155,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 00000004
  • Previous Sale Recording Date: Apr 23, 1999
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Land Court (Massachusetts)

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL SAVINGS
  • First Mortgage Transaction Date: Nov 09, 2012
  • First Mortgage Loan Amount: $167,887
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 09, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FIRST EASTERN MTG CO
  • Previous Mortgage Transaction Date: Apr 23, 1999
  • Previous Mortgage Loan Amount: $118,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Fall River



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Frequently Asked Questions

What neighborhood is 494 Spencer Street located in?
The 494 Spencer Street is a located in the neighborhood of Fall River in Fall River, Fall River.
What is the average sales price for listings in 494 Spencer Street?
The average sales price for units in 494 Spencer Street is $0 currently.

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