NOT LISTED FOR SALE

Estimated Value: $428,837 - $584,000

6 Beds
2 Baths
2,641 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $420,000 $159 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,143/month

32 Days on Market

Highlights

  • Corner Lot
  • Fenced
  • Heating Available

About This Home

As of April 2023

Presenting an exceptional investment opportunity in the highly sought-after west end of the city. Situated on 2 Durfee St., this two-family home features a well-maintained in-law unit that is currently vacant, as well as long-term tenants occupying the first and second floors. This presents the ideal scenario for investors seeking an income-generating property, or for owner-occupants looking to reside in one unit while renting out the other two.This property has been well-maintained and boasts vinyl siding, while the fenced-in area with a basketball hoop is perfect for outdoor recreation and relaxation. Tenants are responsible for utilities, ensuring a hassle-free management experience for the future owner.Don't miss out on this outstanding opportunity to own a valuable property in a prime location. Schedule a viewing today and make this your next investment

Last Agent to Sell the Property

Ronald Oliveira

RE/MAX Vantage Listed on: 02/04/2023

RE/MAX Vantage

Last Buyer's Agent

Erica Mendes

RE/MAX Vantage

RE/MAX Vantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,668

Year Built

  • Built in 1895

Lot Details

  • 1,938 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,641 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hayden/Mcfadden Elementary School
  • Keith Middle School
  • New Bedford High School

Utilities

  • Heating Available
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $4,200
  • Assessor Parcel Number M:0077 L:0238,2896132

Community Details

Overview

  • 2 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,668

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1895
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Freezer), Unit 2(Range,Refrigerator), Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2641
  • Stories Total: 6
  • MAIN LO: AN3217
  • LIST PRICE PER Sq Ft: 160.89
  • PRICE PER Sq Ft: 159.03
  • MAIN SO: AN3217

Exterior Features

  • Fencing: Fenced
  • Foundation Details: Block
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Heating: Unit 1(Oil,Radiant), Unit 2(Oil,Radiant)
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: M:0077 L:0238,2896132
  • Zoning: MUB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1938
  • Lot Size Units: Acres
  • PAGE: 235
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3668
  • Tax Book Number: 14187

Multi Family

  • Gross Income: 34800
  • Net Operating Income: 34800
  • Number Of Units Total: 2
  • Total Actual Rent: 4200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: New Bedford
  • Elementary School: Hayden/Mcfadden
  • Middle Or Junior School: Keith Middle

Range of Values:

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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 Fernandes Sandra A $361,400
Closed Fernandes Sandra A $25,000
Closed Kelly Cameron $262,650
Closed Gonsalves Ashley M $350,000
Closed Gomes 2Nd Neil A $97,600
Closed Dacruz Joao C $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $420,000 -1.2% $159 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $424,900 +37.5% $161 / Sq Ft
01/13/2022 01/13/22 Sold $309,000 -0.3% $79 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $309,900 +154.0% $79 / Sq Ft
04/14/2016 04/14/16 Sold $122,000 -18.6% $64 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $149,900 0.0% $79 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
01/25/2016 01/25/16 Price Changed $149,900 -6.3% $79 / Sq Ft
11/24/2015 11/24/15 Price Changed $159,900 +14.3% $84 / Sq Ft
11/24/2015 11/24/15 For Sale $139,900 -3.5% $74 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $144,900 -- $76 / 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 $4,450 $393,500 $84,000 $309,500
2024 $3,922 $326,800 $78,000 $248,800
2023 $3,668 $256,700 $66,000 $190,700
2022 $3,254 $209,400 $60,000 $149,400
2021 $3,218 $206,400 $57,000 $149,400
2020 $3,234 $200,100 $57,000 $143,100
2019 $3,144 $190,900 $57,000 $133,900
2018 $2,977 $179,000 $57,000 $122,000
2017 $2,652 $158,900 $55,500 $103,400
2016 $2,356 $142,900 $54,000 $88,900
2015 $2,199 $139,800 $54,000 $85,800
2014 $2,104 $138,800 $52,500 $86,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73076312

MLS Property Information Network (MLS PIN)

APN: NEWB-000077-000000-000238