Seller's Agent in 2024
Melisa Gagne
RE/MAX
(508) 264-6905
16 in this area
165 Total Sales
26 Stephen St New Bedford, MA 02740
The South End NeighborhoodEstimated Value: $563,000 - $621,543
7
Beds
3
Baths
2,161
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Tennis Courts
- Medical Services
- Wood Flooring
- Jogging Path
About This Home
As of July 2024Buyers financing fell through, now your opportunity. This 3-family property presents a fantastic opportunity for either owner occupancy or investment purposes. The vacant first floor offers flexibility for the owner to move in or rent out for additional income. With 3 bedrooms on the first floor and 2 bedrooms each on the second and third floors, there's a variety of living arrangements to accommodate different tenants or family sizes. The property's standout features include its sizable, fenced yard, perfect for outdoor activities or gardening, and the convenience of a two-car garage with extra parking space outside. Recent updates include new roof in 2018, 2nd floor heating system in 2020, vinyl siding and a large shed. The 1st floor of this property offers a spacious layout and 3 bedrooms, it could benefit from some cosmetic updating to enhance its appeal. With cosmetic TLC, this space has the potential to attract tenants or serve as a comfortable owner-occupied residence.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,733
Year Built
- Built in 1921
Lot Details
- 8,995 Sq Ft Lot
- Fenced
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- 2,161 Sq Ft Home
- Concrete Perimeter Foundation
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Shed
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $6,200
- Assessor Parcel Number M:0022 L:0080,2885599
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
Building Details
- Net Operating Income $57,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2024
Closed on
Jul 31, 2024
Sold by
Dean Gail A and Dean Amanda M
Bought by
Almeida Ivanilde
Seller's Agent
Melisa Gagne
RE/MAX Vantage
Buyer's Agent
Djeison Abreu
Coldwell Banker Realty - Easton
List Price
$589,000
Sold Price
$589,000
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,386
Avg. Annual Appreciation
1.76%
Original Mortgage
$578,331
Outstanding Balance
$571,216
Interest Rate
5.99%
Mortgage Type
FHA
Estimated Equity
$29,170
Purchase Details
Closed on
Aug 2, 2022
Sold by
Dean Gail A
Bought by
Dean Gail A and Dean Amanda M
Purchase Details
Closed on
Feb 22, 2013
Sold by
Alves Jose C and Dean Gail A
Bought by
Alves Jose C and Dean Gail A
Purchase Details
Closed on
Jul 28, 2003
Sold by
Long Realty Inc
Bought by
Moniz Christopher M and Moniz Jennifer M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,680
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 22, 1988
Sold by
Santos Paul A
Bought by
Alves Jose C
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Almeida Ivanilde | $589,000 | None Available | |
| Almeida Ivanilde | $589,000 | None Available | |
| Almeida Ivanilde | $589,000 | None Available | |
| Dean Gail A | -- | None Available | |
| Dean Gail A | -- | None Available | |
| Dean Gail A | -- | None Available | |
| Alves Jose C | -- | -- | |
| Alves Jose C | -- | -- | |
| Moniz Christopher M | $232,295 | -- | |
| Moniz Christopher M | $232,295 | -- | |
| Alves Jose C | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Almeida Ivanilde | $578,331 | |
| Closed | Almeida Ivanilde | $578,331 | |
| Previous Owner | Alves Jose C | $50,000 | |
| Previous Owner | Alves Jose C | $220,680 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $589,000 | 0.0% | $273 / Sq Ft |
| 07/03/2024 07/03/24 | Pending | -- | -- | -- |
| 06/28/2024 06/28/24 | For Sale | $589,000 | 0.0% | $273 / Sq Ft |
| 05/21/2024 05/21/24 | Pending | -- | -- | -- |
| 05/06/2024 05/06/24 | For Sale | $589,000 | -- | $273 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,817 | $514,300 | $116,600 | $397,700 |
| 2024 | $4,733 | $394,400 | $112,400 | $282,000 |
| 2023 | $4,467 | $312,600 | $94,100 | $218,500 |
| 2022 | $4,107 | $264,300 | $91,600 | $172,700 |
| 2021 | $3,974 | $254,900 | $87,500 | $167,400 |
| 2020 | $3,911 | $242,000 | $87,500 | $154,500 |
| 2019 | $2,642 | $213,600 | $87,500 | $126,100 |
| 2018 | $3,358 | $201,900 | $87,500 | $114,400 |
| 2017 | $3,168 | $189,800 | $89,500 | $100,300 |
| 2016 | $3,069 | $186,100 | $89,500 | $96,600 |
| 2015 | $2,885 | $183,400 | $89,500 | $93,900 |
| 2014 | $2,780 | $183,400 | $89,500 | $93,900 |
Source: Public Records
Agents Affiliated with this Home
-
Melisa Gagne
-
Djeison Abreu
D
Buyer's Agent in 2024
Djeison Abreu
Coldwell Banker Realty - Easton
1 in this area
2 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73233587
APN: NEWB-000022-000000-000080
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