NOT LISTED FOR SALE

Estimated Value: $465,000 - $559,000

4 Beds
2 Baths
2,160 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $407,000 $188 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,200/month

43 Days on Market

Highlights

  • Granite Flooring
  • Porch
  • 1 Car Garage
  • Property is near public transit

About This Home

As of June 2022

2 Family with 2 or 3 Bedrooms in each unit,1 car garage and off street parking for 3 vehicles. Located in the North end of New Bedford with an elementary school nearby. Roof will replaced by Seller prior to closing.

Last Agent to Sell the Property

Jose Castelo

ERA The Castelo Group Listed on: 04/04/2022

ERA The Castelo Group

Last Buyer's Agent

The Mathew J Arruda Group

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1920

Lot Details

  • 5,162

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Porch
  • 5,162 Sq Ft Lot
  • 220 Volts

Community Details

  • 2 Units
  • Net Operating Income $19,200

Listing and Financial Details

  • Total Actual Rent $1,600
  • Tax Lot 165
  • Assessor Parcel Number M:0107 L:0165,2900530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,582

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Carpet
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2160
  • Stories Total: 3
  • MAIN LO: AN4790
  • LIST PRICE PER Sq Ft: 185.14
  • PRICE PER Sq Ft: 188.43
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: 220 Volts, Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Public School

Lot Info

  • Parcel Number: M:0107 L:0165,2900530
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5162
  • Lot Size Units: Acres
  • PAGE: 74

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3581.97
  • Tax Book Number: 6854
  • Tax Lot: 165
  • Tax Map Number: 107

Multi Family

  • Gross Income: 19200
  • Net Operating Income: 19200
  • Number Of Units Total: 2
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Jun 28, 2022
Sold by
Borges Domingos C and Borges Ana F
Bought by
Santos-Lucas Aura
Seller's Agent
Jose Castelo
ERA The Castelo Group
Buyer's Agent
The Mathew J Arruda Group
Compass
List Price
$399,900
Sold Price
$407,000
Premium/Discount to List
$7,100
1.78%
Current Estimated Value
$505,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,318
Avg. Annual Appreciation
6.77%
Original Mortgage
$399,628
Outstanding Balance
$381,798
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$119,424

Purchase Details

Closed on
Mar 26, 2004
Sold by
Borges Joao C and Borges Matilde S
Bought by
Borges Ana F and Borges Domingos C
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Santos-Lucas Aura $407,000 None Available
Borges Ana F $108,000 --
Borges Ana F $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos-Lucas Aura $399,628
Previous Owner Obrien Meeks Constr Lp $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $407,000 +1.8% $188 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $399,900 +5.3% $185 / Sq Ft
04/22/2022 04/22/22 Price Changed $379,900 -5.0% $176 / Sq Ft
04/04/2022 04/04/22 For Sale $399,900 -- $185 / 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 $5,420 $479,200 $109,500 $369,700
2024 $4,814 $401,200 $106,000 $295,200
2023 $3,918 $274,200 $89,000 $185,200
2022 $3,593 $230,500 $84,800 $145,700
2021 $3,593 $230,500 $84,800 $145,700
2020 $3,651 $225,900 $86,500 $139,400
2019 $3,582 $217,500 $86,500 $131,000
2018 $3,437 $206,700 $86,500 $120,200
2017 $3,046 $182,500 $79,500 $103,000
2016 $2,879 $174,600 $75,900 $98,700
2015 $2,695 $171,300 $75,900 $95,400
2014 $2,579 $170,100 $74,200 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72961652

MLS Property Information Network (MLS PIN)

APN: NEWB-000107-000000-000165