Buying or selling
Buy or sell on the bay
Condominium deals turn on documents most buyers never see until late in the process, and most sellers never think to prepare. Here is the honest version, up front, for all three associations.
What homes have sold for
Public record: sales that closed and prices that were asked. Context for a conversation, not a valuation of your home.
The Landing at South Park
Fall River, MA · About 140 homes · 1987
- Closed range
- $315,000 – $385,000
- Median sale
- $370,000
- Recent asking
- $557,000 – $579,000
- Per square foot
- About $324
Recorded sales
Across recent closings
Larger renovated plans
On current asking prices
The Villages on Mount Hope Bay
Tiverton, RI · About 230 homes · from 2003
- 2024
- $887,900
- Condominiums
- 1,527 – 1,648 sq ft
- Townhomes
- 1,850 – 2,918 sq ft
- Homes
- About 230
Two-bedroom condominium, 1,527 sq ft, bay-facing
Two bed, two bath, single level
With two-car garages
At full build-out
Mount Hope Condominiums
Fall River, MA · About 60 homes · from 2006
- 2020
- $340,000 – $399,000
- 2023
- $425,000
- 2025
- $490,000
- Recent asking
- $539,000
Two recorded sales
Three-bedroom, 1,887 sq ft
Three-bedroom townhouse
Around $321 a square foot
Figures are drawn from public listing and sale records. Individual results turn on the plan, the view, the level of finish and the state of the association at the moment of sale.
The documents that decide the deal
A buyer's attorney and a lender will ask for all of this, at any of the three. A seller who has it ready shortens the deal by weeks; a seller who does not pays for the delay in negotiating position.
Master deed and amendments
Defines the units, the common areas and each home's percentage interest. Everything else sits underneath it.
Declaration of trust and bylaws
How the association is governed: trustees, votes, budgets, enforcement.
Rules and regulations
The day-to-day layer — pets, parking, pool, decks, exterior changes, leasing.
6(d) certificate
In Massachusetts, the statutory certificate confirming the seller owes the association nothing. No closing happens without it. Rhode Island uses a resale certificate to the same end.
Current budget and two years of financials
Where the fee goes, and whether it covers what it is meant to.
Reserve study or reserve balance
The single best predictor of whether a special assessment is coming.
Master insurance certificate
What the association insures, for how much, with what deductible — and where your own policy has to start.
Recent meeting minutes
Where problems appear first, usually a year before they appear in a budget.
Choosing between them
Three associations on one bay, and the differences that actually decide it.
The fee is not the cost
The Landing's fee looks like double Mount Hope's until you notice it includes water and sewer. Put every association on the same basis before comparing, and add the utilities you would pay separately.
Amenities have a bill attached
A ten-thousand-square-foot clubhouse, a gym and tennis courts are wonderful and they are not free. A low fee usually means fewer shared facilities, not better management.
Age matters twice
The age of the buildings drives the capital work ahead. The age restriction, where there is one, drives who can buy from you later.
Reserves, not the monthly number
An association with thin reserves and a roof coming due will collect the difference eventually. The reserve study tells you more about the next five years than the fee does.
Two states, two processes
Tiverton is Rhode Island. Different taxes, different closing practice, a different resale certificate. Budget for a different attorney than you would use in Fall River.
Format before community
A single-level mid-rise condominium and a two-car-garage townhome are different homes even inside the same association. Compare within the format first.
Condominium expert
Seriah Garcia
REALTOR® · revolv® Real Estate
Seriah works condominium sales across the Mount Hope Bay shoreline, on both sides of the state line. Condominium transactions turn on documents most buyers never see until late in the process and most sellers never think to prepare, and that is the part of the work she is built around.
+1 774-770-1562Independently operating broker. None of these associations endorses or certifies brokers, and nothing on this site should be read as an association communication.
An independent directory published by revolv Real Estate. It is not operated by, endorsed by or affiliated with any of the associations listed, their trustees or their managing agents. Each association's own published material governs in any conflict.