NOT LISTED FOR SALE

1543 Acushnet Ave Unit 1547 New Bedford, MA 02746

Riverside Park Neighborhood

Estimated Value: $616,737

11 Beds
7 Baths
8,285 Sq Ft
$74/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $445,000 $54 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,361/month

53 Days on Market

Highlights

  • Property is near public transit
  • Coin Laundry
  • Level Lot
  • 2 Car Garage

About This Home

As of January 2021

North End: Mixed-use building with 2 store fronts at street level, a large 6 room, 3 bedroom apartment on the 2nd level and four 2 bedroom apartments on 3rd and 4th levels. Fully rented with off street parking. Shared driveway to garage behind the building is being used by the owner as a workshop, could be a 6 stall garage for additional income.

Last Agent to Sell the Property

Martin Correia

ERA The Castelo Group Listed on: 08/15/2020

ERA The Castelo Group

Last Buyer's Agent

Paul Beauchamp

Delano Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,139

Year Built

  • Built in 1905

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • 8,285 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Slate Roof

Bedrooms and Bathrooms

  • 11 Bedrooms

Location

  • Property is near public transit

Utilities

  • 7 Heating Zones
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,000
  • Tax Lot 56
  • Assessor Parcel Number M:0098 L:0056,2899000

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Additional Features

  • Coin Laundry
  • Net Operating Income $47,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,139

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1905
  • Buyer Agency: 2.0%
  • Buyer Agency Type: %
  • Transaction Broker: 2.0%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 13

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 11
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bathrooms: 6
  • Living Area: 8285
  • Stories Total: 13
  • MAIN LO: AN4790
  • LIST PRICE PER Sq Ft: 57.94
  • PRICE PER Sq Ft: 53.71
  • MAIN SO: AC0552

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 7
  • HEAT ZONES: 7

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0098 L:0056,2899000
  • Zoning: MUB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6282
  • PAGE: 75

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7139.48
  • Tax Book Number: 1840
  • Tax Lot: 56
  • Tax Map Number: 98

Multi Family

  • Gross Income: 60000
  • Net Operating Income: 47000
  • Number Of Units Total: 7
  • Total Actual Rent: 5000
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lumbini Llc $346,500
Closed Farias Jose $195,000
Closed Farias Jose $125,000
Closed Farias Jose $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $445,000 -7.3% $54 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $480,000 -- $58 / 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 -- $612,200 $132,800 $479,400
2024 -- $588,100 $111,600 $476,500
2023 $0 $502,800 $93,000 $409,800
2022 $0 $381,400 $88,600 $292,800
2021 $0 $333,700 $84,100 $249,600
2020 $7,640 $327,000 $84,100 $242,900
2019 $7,410 $333,500 $84,100 $249,400
2018 $0 $322,200 $84,100 $238,100
2017 -- $320,400 $84,100 $236,300
2016 -- $320,000 $79,700 $240,300
2015 -- $320,000 $79,700 $240,300
2014 -- $336,000 $84,100 $251,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72710432

MLS Property Information Network (MLS PIN)

APN: NEWB-000098-000000-000056