NOT LISTED FOR SALE

1040 Cove Rd Unit 3 New Bedford, MA 02744

The South End Neighborhood

Estimated Value: $157,000 - $227,126

2 Beds
1 Bath
706 Sq Ft
1974 Built

Last Sold December 11, 2013

Last sale price $55,000 $78 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $1,081/month

200 Days on Market

About This Home

As of December 2013

Affordable condo with 2 bedrooms, assigned parking, close to beach , park, shopping and highway. Subject to 3rd party approval.

Last Agent to Sell the Property

Terry Almeida

Pelletier Realty, Inc. Listed on: 03/15/2013

Last Buyer's Agent

Doreen DeFreitas

Pelletier Realty, Inc. License #451500801

Property Details

Home Type

Condominium

Year Built

1974

Lot Details

0

Listing Details

  • Unit Level: 2
  • Special Features: 12
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Highway Access
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Parking: Assigned
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Condominium Name: SIERRA COVE
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • No Units: 18
  • Unit Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Dec 11, 2013
Sold by
Santos Dawn A and Askew Dawn S
Bought by
Costa Michelle L
Seller's Agent
Terry Almeida
Pelletier Realty, Inc.
Buyer's Agent
Doreen DeFreitas
Pelletier Realty, Inc.
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%
Current Estimated Value
$183,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,282
Avg. Annual Appreciation
10.52%
Original Mortgage
$49,500
Outstanding Balance
$37,330
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$145,952

Purchase Details

Closed on
Dec 31, 2002
Sold by
Smither Ernest and Smither Ernest
Bought by
Askew Dawn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Costa Michelle L $55,000 --
Costa Michelle L $55,000 --
Askew Dawn S $86,000 --
Askew Dawn S $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Michelle L $49,500
Closed Askew Dawn S $49,500
Previous Owner Askew Dawn S $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2013 12/11/13 Sold $55,000 +10.2% $78 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/26/2013 09/26/13 Price Changed $49,900 +11.1% $71 / Sq Ft
09/12/2013 09/12/13 Price Changed $44,900 -10.0% $64 / Sq Ft
08/30/2013 08/30/13 For Sale $49,900 0.0% $71 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/18/2013 06/18/13 Price Changed $49,900 -16.7% $71 / Sq Ft
05/08/2013 05/08/13 Price Changed $59,900 -7.7% $85 / Sq Ft
04/12/2013 04/12/13 Price Changed $64,900 -7.2% $92 / Sq Ft
03/15/2013 03/15/13 For Sale $69,900 -- $99 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,401 $123,900 $0 $123,900
2024 $1,411 $117,600 $0 $117,600
2023 $1,299 $90,900 $0 $90,900
2022 $1,097 $70,600 $0 $70,600
2021 $1,101 $70,600 $0 $70,600
2020 $918 $56,800 $0 $56,800
2019 $855 $51,900 $0 $51,900
2018 $818 $49,200 $0 $49,200
2017 $779 $46,700 $0 $46,700
2016 $899 $54,500 $0 $54,500
2015 $857 $54,500 $0 $54,500
2014 $758 $50,000 $0 $50,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Terry Almeida

    Pelletier Realty, Inc.

    Section Image

  • D

    Buyer's Agent in 2013

    Doreen DeFreitas

    Pelletier Realty, Inc.

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71496299

MLS Property Information Network (MLS PIN)

APN: NEWB-000020-000000-000200-C000000

Massachusetts Bristol County New Bedford 02744 The South End

1040 Cove Rd Unit 3, New Bedford, MA

Not Listed for Sale

Condos

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