NOT LISTED FOR SALE

Estimated Value: $434,000 - $487,000

4 Beds
3 Baths
2,228 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $415,000 $186 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,875/month

6 Days on Market

Highlights

  • Open Floorplan
  • Attic
  • Storm Windows
  • Wood Flooring
  • Porch
  • Tandem Parking

About This Home

As of June 2024

Discover the perfect opportunity for remodeling and flipping in this charming 2-family home located in a serene neighborhood near Downtown New Bedford and the new commuter rail station. With its cottage-style setup and ample curb appeal, this property offers endless potential for sweat equity. The exterior boasts vinyl siding, replacement windows, and a 10-year-old roof, while the interior features spacious rooms with high ceilings and hardwood floors. Each floor has separate electric and gas heat, with off-street parking for 2 cars and a private fenced-in backyard. The second floor is vacant, providing an ideal canvas for renovation, while the first floor currently has a long-term tenant at will. Enjoy being part of the city's revitalization with easy access to attractions like the Whaling Museum, Zeiterion Theatre, BCC Campus, restaurants, shops, art galleries, and the new commuter walking bridge and rail. Schedule your appointment to view this promising investment opportunity today!

Last Agent to Sell the Property

Rick Trapilo

Coastal Realty Listed on: 05/03/2024

Co-Listed By

Lori Nery

Coastal Realty

Last Buyer's Agent

The Mathew J Arruda Group

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,294

Year Built

  • Built in 1906

Lot Details

  • 2,818 Sq Ft Lot
  • Fenced
  • Irregular Lot
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,228 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Storage
  • Range
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Schools

  • Parker Elementary School
  • Keith Middle School
  • NBHS Or Vtec High School

Utilities

  • No Cooling
  • Central Heating
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • 100 Amp Service

Community Details

  • 2 Units
  • Net Operating Income $4,800

Listing and Financial Details

  • Total Actual Rent $400
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0071 L:0363,2895124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,294

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1906
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Laundry Room, Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Open Floorplan, Walk-Up Attic, Heated Attic, Storage, Living Room, Dining Room, Kitchen
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 2228
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: NB1609
  • LIST PRICE PER Sq Ft: 179.08
  • PRICE PER Sq Ft: 186.27
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Central, Natural Gas, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0071 L:0363,2895124
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2818
  • Lot Size Units: Acres
  • PAGE: 116
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4294
  • Tax Book Number: 2470

Multi Family

  • Gross Income: 4800
  • Net Operating Income: 4800
  • Number Of Units Total: 2
  • Total Actual Rent: 400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Nbhs Or Vtec
  • Elementary School: Parker
  • Middle Or Junior School: Keith

Range of Values:

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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 Kelly Francisco $390,100
Closed Kelly Francisco $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $415,000 +4.0% $186 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $399,000 -- $179 / 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 $4,998 $441,900 $88,100 $353,800
2024 $4,294 $357,800 $81,800 $276,000
2023 $4,124 $288,600 $69,200 $219,400
2022 $3,638 $234,100 $62,900 $171,200
2021 $3,601 $231,000 $59,800 $171,200
2020 $3,431 $212,300 $59,800 $152,500
2019 $3,343 $203,000 $59,800 $143,200
2018 $3,121 $187,700 $59,800 $127,900
2017 $2,774 $166,200 $58,200 $108,000
2016 $2,638 $160,000 $56,600 $103,400
2015 $2,459 $156,300 $56,600 $99,700
2014 $2,354 $155,300 $55,000 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73232892

MLS Property Information Network (MLS PIN)

APN: NEWB-000071-000000-000363