$372,000
SOLD DEC 31, 2024
9 Beds
3 Baths
4,140 Sq Ft
4,848 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

19% Above List Price

40 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of December 2024

259 Weld Street presents a strong investment opportunity in New Bedford - a large three-family property with spacious three-bedroom units and a detached garage. With ample parking and generous unit layouts, this property has excellent rental potential. While it has experienced water damage and will not qualify for FHA financing, the necessary repairs and updates are well worth the investment for seasoned buyers. This asset offers a prime opportunity to add value and capitalize on demand for multi-family housing in the area.

Last Agent to Sell the Property

Joy Riley

Westcott Properties License #REB.0012495 Listed on: 11/01/2024

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,720

Year Built

  • Built in 1906

Lot Details

  • 4,848 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 4,140 Sq Ft Home
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 259WELDSTNBED

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,720

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1113
  • Above Grade Finished Sq Ft: 4140.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1906
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4848.0
  • Parcel #: 259WELDSTNBED
  • Zoning: RC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5720.0
  • Tax Lot: 295
  • Tax Map Number: 0084
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Miranda Vincente J and Wells Fargo Bank Na Tr
Bought by
Park Pl Securities Inc and Wells Fargo Bank Na Tr
Current Estimated Value
$406,891

Purchase Details

Closed on
Feb 12, 2001
Sold by
Beauregard Robert and Beauregard Norman
Bought by
Miranda Vicente J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,495
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Foreclosure Deed $412,156 None Available
Foreclosure Deed $412,156 None Available
Foreclosure Deed $412,156 None Available
Deed $122,500 --
Deed $122,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 No Value Available
Previous Owner $170,000 No Value Available
Previous Owner $121,495 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $372,000 +19.2% $90 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $312,000 -- $75 / Sq Ft
Source: State-Wide MLS

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 $6,386 $564,600 $90,500 $474,100
2024 $5,720 $476,700 $77,300 $399,400
2023 $5,044 $353,000 $64,700 $288,300
2022 $4,527 $298,400 $59,200 $239,200
2021 $4,527 $290,400 $59,200 $231,200
2020 $4,497 $278,300 $59,200 $219,100
2019 $3,877 $235,400 $59,200 $176,200
2018 $3,689 $221,800 $59,200 $162,600
2017 $3,406 $204,100 $59,200 $144,900
2016 $3,267 $198,100 $59,200 $138,900
2015 $3,045 $193,600 $59,200 $134,400
2014 $2,935 $193,600 $59,200 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1372188

State-Wide MLS

APN: NEWB-000084-000000-000295