NOT LISTED FOR SALE

287 Rivet St New Bedford, MA 02744

The South End Neighborhood

Estimated Value: $578,273 - $723,000

9 Beds
3 Baths
3,954 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $455,000 $115 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,146/month

9 Days on Market

About This Home

As of October 2021

Quite large and spacious 3-family with 3 bedrooms per unit, in established South End location. NEW roof, aluminum siding, VINYL windows, DOUBLE parlors, HARDWOOD flooring, central HEATING on 1st floor unit. Long-term tenants, rents below market value. LEAD cert for 1st floor unit. Blown-in insulation, full basement, fully floored attic. Fenced yard, room for possible driveway. Close to most amenities, including parks, beaches, schools and easy highway access. Ideal for owner-occupancy, it will not last!!!

Last Agent to Sell the Property

Jose Freitas

Gold Star Realty Listed on: 07/13/2021

Last Buyer's Agent

JEP Realty Team

Real Broker Ma, LLC

Real Broker Ma, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,458

Year Built

  • 1910

Lot Details

  • 3,920

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,458

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Between Crapo and Bonney Sts;
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: Gas Water Heater,Tank Water Heater
  • Has Basement: Full, Interior Entry
  • Total Bathrooms: 3
  • MAIN LO: FR0140
  • LIST PRICE PER Sq Ft: 111.25
  • PRICE PER Sq Ft: 115.07
  • MAIN SO: AN4196
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Wood,Varies Per Unit
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Foundation Details: Granite
  • Construction Type: Frame
  • Disclosures: Long-Term Ownership, Seller Has Never Occupied Premises, Sold "as-Is" For Seller's Convenience;
  • Exclusions: Tenants Appliances - Please Refer To Details On Attached Disclosure;
  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive
  • Open Parking: Yes

Utilities

  • Heating: Unit 1(Central Heat,Gas), Unit 2(Gas,Space Heater), Unit 3(Gas,Space Heater)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access

Schools

  • High School: New Bedford
  • Middle Or Junior School: Roosevelt

Lot Info

  • LOT SIZE: 3759
  • PAGE: 23
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: MUB

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 25200
  • Property Net Operating Income: 25200
  • Number Of Units Total: 3
  • Total Actual Rent: 2425

Tax Info

  • Tax Annual Amount: 4167
  • Tax Book Number: 6409
  • Tax Lot: 366
  • Tax Map Number: 30
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 15, 2021
Sold by
Furtado Ft
Bought by
Ferreira-Horta Jandira
Seller's Agent
Jose Freitas
Gold Star Realty
Buyer's Agent
JEP Realty Team
Real Broker Ma, LLC
List Price
$439,900
Sold Price
$455,000
Premium/Discount to List
$15,100
3.43%
Current Estimated Value
$672,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,068
Avg. Annual Appreciation
10.14%
Original Mortgage
$446,758
Outstanding Balance
$407,402
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$264,666

Purchase Details

Closed on
Jan 30, 1990
Sold by
Souza Ralph E
Bought by
Furtado Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9.67%
Mortgage Type
Purchase Money Mortgage
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
Ferreira-Horta Jandira $455,000 None Available
Ferreira-Horta Jandira $455,000 None Available
Furtado Robert M $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferreira-Horta Jandira $446,758
Closed Ferreira-Horta Jandira $446,758
Previous Owner Furtado Robert M $68,000
Previous Owner Furtado Robert M $76,200
Previous Owner Furtado Robert M $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $455,000 +3.4% $115 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $439,900 -- $111 / 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 $7,458 $659,400 $79,200 $580,200
2024 $6,682 $556,800 $74,300 $482,500
2023 $6,275 $439,100 $63,400 $375,700
2022 $4,274 $275,000 $57,800 $217,200
2021 $4,167 $267,300 $57,800 $209,500
2020 $4,082 $252,600 $54,500 $198,100
2019 $3,477 $211,100 $54,500 $156,600
2018 $3,289 $197,800 $54,500 $143,300
2017 $3,023 $181,100 $54,500 $126,600
2016 $2,915 $176,800 $56,100 $120,700
2015 $2,740 $174,200 $57,800 $116,400
2014 $2,641 $174,200 $57,800 $116,400
Source: Public Records

Agents Affiliated with this Home

  • Jose Freitas

    Seller's Agent in 2021

    Jose Freitas

    Gold Star Realty

    (508) 509-3014

    6 in this area

    42 Total Sales

    Jose Freitas
    Section Image
  • JEP Realty Team

    Buyer's Agent in 2021

    JEP Realty Team

    Real Broker Ma, LLC

    (781) 258-7513

    3 in this area

    322 Total Sales

    JEP Realty Team
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72864562

MLS Property Information Network (MLS PIN)

APN: NEWB-000030-000000-000366

Massachusetts Bristol County New Bedford 02740 The South End

287 Rivet St, New Bedford, MA

This home is located at 287 Rivet St, New Bedford, MA 02744 since 13 July 2021 and is currently estimated at $672,068, approximately $169 per square foot. This property was built in 1910. 287 Rivet St is a home located in Bristol County with nearby schools including John B. DeValles Elementary School, Roosevelt Middle School, and New Bedford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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