NOT LISTED FOR SALE

Estimated Value: $530,000 - $645,000

9 Beds
3 Baths
3,441 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $489,900 $142 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,647/month

25 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit
  • Jogging Path
  • Park

About This Home

As of November 2022

If you are in the market to invest in a multi-family home in New Bedford, this is it. This property is currently bringing in $4,000/mo in rents, which is below current market rates in the area. This three-family home is located at the top of Deane Street (above Ashley Boulevard and just below Brook Street). This property is approximately 1 1/2 miles and just a five-minute drive away from the location of the future train station. Each spacious apartment consists of 1,147 square feet of gross living area and features three bedrooms. Each bathroom and kitchen have been updated from the originals. This property features vinyl siding, circuit breakers, and a fenced-in yard. The bonus two-car garage is accessible at the rear of the property from Durant Court. Both garage stalls are currently rented which provides a source of additional rental income over and above the typical three-family in the area.

Last Agent to Sell the Property

Christine Medeiros

Kokopelli Realty, LLC Listed on: 08/20/2022

Last Buyer's Agent

Scott Almeida

Keller Williams South Watuppa

Keller Williams South Watuppa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 1910

Lot Details

  • 4,454 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,441 Sq Ft Home
  • Wood Flooring
  • Washer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 60 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,000
  • Tax Lot 215
  • Assessor Parcel Number M:0098 L:0215,2899146

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,022

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Sump Pump, Concrete, Unfinished
  • Living Area: 3441
  • Stories Total: 6
  • MAIN LO: FR0234
  • MAIN SO: AN3817

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Unit 1(Hot Water Radiators,Oil), Unit 2(Gas,Space Heater), Unit 3(Gas,Space Heater)
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0098 L:0215,2899146
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4454
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4022
  • Tax Lot: 215

Multi Family

  • Net Operating Income: 44400
  • Number Of Units Total: 3
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Nov 14, 2022
Sold by
Barriga Emma K
Bought by
Dearaujo Christopher
Seller's Agent
Christine Medeiros
Kokopelli Realty, LLC
Buyer's Agent
Scott Almeida
Keller Williams South Watuppa
List Price
$500,000
Sold Price
$489,900
Premium/Discount to List
-$10,100
-2.02%
Views
73
Current Estimated Value
$604,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,434
Avg. Annual Appreciation
6.96%
Original Mortgage
$367,425
Outstanding Balance
$355,223
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,111

Purchase Details

Closed on
Aug 3, 2009
Sold by
Granfield Betty Ann
Bought by
Barriga Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dearaujo Christopher $489,900 None Available
Dearaujo Christopher $489,900 None Available
Barriga Hector $210,000 --
Barriga Hector $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearaujo Christopher $367,425
Closed Dearaujo Christopher $367,425
Previous Owner Barriga Hector $168,000
Previous Owner Barriga Hector $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2022 11/14/22 Sold $489,900 +2.1% $142 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $480,000 -4.0% $139 / Sq Ft
08/20/2022 08/20/22 For Sale $500,000 -- $145 / 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 $5,755 $508,800 $102,400 $406,400
2024 $4,973 $414,400 $76,800 $337,600
2023 $4,444 $311,000 $65,600 $245,400
2022 $4,022 $258,800 $59,800 $199,000
2021 $3,926 $251,800 $59,800 $192,000
2020 $3,903 $241,500 $59,800 $181,700
2019 $3,360 $204,000 $59,800 $144,200
2018 $3,193 $192,000 $59,800 $132,200
2017 $2,952 $176,900 $59,800 $117,100
2016 $2,830 $171,600 $59,800 $111,800
2015 $2,665 $169,400 $61,500 $107,900
2014 $2,620 $172,800 $64,900 $107,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73027717

MLS Property Information Network (MLS PIN)

APN: NEWB-000098-000000-000215