NOT LISTED FOR SALE

18 Sherman St Unit 20 New Bedford, MA 02740

The South End Neighborhood

Estimated Value: $569,854 - $685,000

5 Beds
2 Baths
2,634 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $131,900 $50 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $3,815/month

7 Days on Market

About This Home

As of February 2018

New Bedford 2 Family - This property offers many modern day attributes. 2 Large units with some finished space in the basement for additional use. Home offers off-street parking, open floor plan for both units and open floor plan. Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended, Repairs include: Remove un-permitted third floor apartments. Roof replacement. UI-Eligible for 203K Financing

Last Agent to Sell the Property

The Ponte Group

Keller Williams South Watuppa Listed on: 12/19/2017

Keller Williams South Watuppa

Last Buyer's Agent

Bethany Ramos

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,080

Year Built

1873

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1873

Interior Features

  • Has Basement: No
  • Number of Rooms: 11
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: AN3817
  • Main So: AN0427
  • Estimated Sq Ft: 2634.00

Exterior Features

  • Exterior: Vinyl
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0036 L:0122
  • Zoning: RB
  • Acre: 0.10
  • Lot Size: 4163.00

Multi Family

  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 11
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 27, 2018
Sold by
Department Of Housing & Urban Dev
Bought by
Pires Manuel A and Pires Maria J
Seller's Agent
The Ponte Group
Keller Williams South Watuppa
Buyer's Agent
Bethany Ramos
List Price
$70,000
Sold Price
$131,900
Premium/Discount to List
$61,900
88.43%
Current Estimated Value
$621,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,564
Avg. Annual Appreciation
22.59%
Original Mortgage
$245,259
Outstanding Balance
$208,189
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$413,275

Purchase Details

Closed on
Nov 28, 2017
Sold by
Gmac Mortgage Llc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Dec 21, 2011
Sold by
Santos Fernando J and Gmac Mortgage Llc
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Mar 24, 2006
Sold by
Melo Carlos P and Melo Paulina F
Bought by
Santos Fernando J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,813
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Luzo Community Bk
Bought by
Melo Carlos P and Melo Paulina F

Purchase Details

Closed on
Dec 22, 1998
Sold by
Luzo Community Bk and Guilherme
Bought by
Luzo Community Bk
Source: Public Records

Range of Values:

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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
Pires Manuel A $131,900 --
Pires Manuel A $131,900 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Gmac Mortgage Llc $392,723 --
Gmac Mortgage Llc $392,723 --
Santos Fernando J $312,000 --
Santos Fernando J $312,000 --
Melo Carlos P $65,000 --
Melo Carlos P $65,000 --
Luzo Community Bk $50,000 --
Luzo Community Bk $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pires Manuel A $245,259
Closed Pires Manuel A $245,259
Previous Owner Luzo Community Bk $305,325
Previous Owner Luzo Community Bk $300,813
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $131,900 +88.4% $50 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
12/19/2017 12/19/17 For Sale $70,000 -- $27 / 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 $6,080 $537,600 $94,300 $443,300
2024 $5,404 $450,300 $90,900 $359,400
2023 $5,346 $374,100 $76,100 $298,000
2022 $4,704 $302,700 $74,100 $228,600
2021 $4,666 $299,300 $70,700 $228,600
2020 $4,161 $257,500 $70,700 $186,800
2019 $4,024 $244,300 $70,700 $173,600
2018 $3,748 $225,400 $70,700 $154,700
2017 $3,380 $202,500 $72,400 $130,100
2016 $3,244 $196,700 $72,400 $124,300
2015 $3,026 $192,400 $72,400 $120,000
2014 $2,927 $193,100 $72,400 $120,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    The Ponte Group

    Keller Williams South Watuppa

    (508) 677-3233

    8 in this area

    751 Total Sales

    The Ponte Group
    Section Image
  • Bethany Ramos

    Buyer's Agent in 2018

    Bethany Ramos

    (904) 345-9988

    2 in this area

    71 Total Sales

    Bethany Ramos
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72265348

MLS Property Information Network (MLS PIN)

APN: NEWB-000036-000000-000122

Massachusetts Bristol County New Bedford 02740 The South End

18 Sherman St Unit 20, New Bedford, MA

This home is located at 18 Sherman St Unit 20, New Bedford, MA 02740 since 19 December 2017 and is currently estimated at $621,464, approximately $235 per square foot. This property was built in 1873. 18 Sherman St Unit 20 is a home located in Bristol County with nearby schools including James B. Congdon Elementary, Roosevelt Middle School, and New Bedford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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