NOT LISTED FOR SALE

Estimated Value: $392,108 - $745,000

9 Beds
3 Baths
4,224 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $235,000 $56 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,780/month

124 Days on Market

Highlights

  • Fenced Yard
  • Tile Flooring
  • 3-minute walk to Loretta Bourque Park
  • Porch
  • Storage Shed

About This Home

As of December 2018

Calling all Investors! Huge three unit multi fully rented. Rents are lower than market value due to established tenants but no leases in place. Each unit has been freshly painted and consists of three bedrooms, large living room/dining room combination, full bath and large galley style kitchen. Units are deleaded and approximately 1400 square feet each. Vinyl siding, replacement windows, full basement, walk up attic for storage, separate utilities with house meter, fenced backyard. Located close to beaches, city conveniences, and within easy highway access to downtown New Bedford. Sits next to a small city park. Seller is Motivated. All reasonable offers will be considered.

Last Agent to Sell the Property

The Power Team

Silva Realty Group, Inc. Listed on: 07/12/2018

Last Buyer's Agent

Jose Freitas

Gold Star Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,963

Year Built

  • Built in 1908

Lot Details

  • Year Round Access
  • Fenced Yard

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Storage Shed
  • Rain Gutters
  • Porch

Additional Features

  • Window Screens
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 0015 0285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,963

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 60.35
  • Comp Based On: Net Sale Price
  • Year Built: 1908
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1908

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor
  • Main Lo: AN1619
  • Main So: FR0140
  • Estimated Sq Ft: 4224.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters, Storage Shed, Screens, Fenced Yard
  • Foundation: Granite
  • Foundation Size: 52x28

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access

Lot Info

  • Assessments: 223400.00
  • Lot: 0285
  • Acre: 0.08
  • Lot Size: 3376.00
  • Page: 302
  • Parcel Number: 0015 0285
  • Zoning: MUB
  • Lot Description: Fenced/Enclosed, Level

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 2250
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 3715.14
  • Assessor Parcel Number: 2884658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Dec 21, 2018
Sold by
Sobande Mobolaji
Bought by
Poyau John P
Seller's Agent
The Power Team
Silva Realty Group, Inc.
Buyer's Agent
Jose Freitas
Gold Star Realty
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%
Current Estimated Value
$621,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,527
Avg. Annual Appreciation
15.50%
Original Mortgage
$176,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2006
Sold by
Schroth Charles H and Schroth Debra A
Bought by
Sobande Mobolaji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,750
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Constant Bradford H and Constant Gale M
Bought by
Schroth Charles H and Schroth Debra A

Purchase Details

Closed on
May 20, 1996
Sold by
32 Social Street Rt and Demelo Liberio
Bought by
Constant Bradford H and Constant Gale M

Purchase Details

Closed on
May 15, 1996
Sold by
Gauant Gerald and Demelo Libertio
Bought by
32 Social Street Rt and Demelo Liberio

Purchase Details

Closed on
Sep 3, 1987
Sold by
C & C Assoc
Bought by
Sarahs H Frank
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
Poyau John P $235,000 --
Sobande Mobolaji $297,000 --
Sobande Mobolaji $297,000 --
Schroth Charles H $257,500 --
Schroth Charles H $257,500 --
Constant Bradford H $72,000 --
Constant Bradford H $72,000 --
32 Social Street Rt $15,000 --
32 Social Street Rt $15,000 --
Sarahs H Frank $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potau John P $178,000
Closed Poyau John P $176,250
Previous Owner Sobande Mobolaji $204,000
Previous Owner Sarahs H Frank $222,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $235,000 -7.8% $56 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $254,900 -1.9% $60 / Sq Ft
10/22/2018 10/22/18 For Sale $259,900 0.0% $62 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/27/2018 09/27/18 Price Changed $259,900 -3.7% $62 / Sq Ft
08/27/2018 08/27/18 Price Changed $269,900 -5.0% $64 / Sq Ft
07/30/2018 07/30/18 Price Changed $284,000 -1.4% $67 / Sq Ft
07/12/2018 07/12/18 For Sale $288,000 -- $68 / 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 $5,963 $527,200 $77,700 $449,500
2024 $5,407 $450,600 $72,800 $377,800
2023 $4,699 $328,800 $62,200 $266,600
2022 $4,272 $274,900 $56,600 $218,300
2021 $4,164 $267,100 $56,600 $210,500
2020 $4,076 $252,200 $53,400 $198,800
2019 $4,015 $243,800 $53,400 $190,400
2018 $3,715 $223,400 $53,400 $170,000
2017 $3,335 $199,800 $53,400 $146,400
2016 $3,209 $194,600 $55,000 $139,600
2015 $3,008 $191,200 $56,600 $134,600
2014 $2,899 $191,200 $56,600 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72361929

MLS Property Information Network (MLS PIN)

APN: NEWB-000015-000000-000285