Seller's Agent in 2021
Theresa Maynard
Coldwell Banker Realty - Cambridge
(781) 223-8440
1 in this area
53 Total Sales
347 N Front St New Bedford, MA 02746
Riverside Park NeighborhoodEstimated Value: $560,000 - $624,000
9
Beds
3
Baths
3,000
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Tankless Water Heater
- 3-minute walk to Riverside Park
About This Home
As of January 2021Moneymaker alert! This spacious 3 family home was rehabbed in 2017. All 3 units are occupied, and cash flowing. The owner is collecting $3,800 a month in rental income. That's right, $3,800 a month, with minimal monthly expenses. Investors will appreciate that all the big-ticket items have been done. This includes (3) high-efficiency Navien tankless heat & hot water systems. A new roof and vinyl siding were also installed in 2017. All (3) eat-in kitchens were renovated, which included new cabinets/countertops/stoves/refrigerators/microwaves. All (3) bathrooms were renovated as well with new toilets/vanities/tiled shower stalls. Major upgrade to the homes plumbing system as well, all cast iron pipes in the basement were removed. Upgrades made to the electrical system as well, including the addition of a house box & house meter. Refinished hardwood floors throughout each unit. Each apartment offers three bedrooms, all with its own closet. Plenty of off-street parking, no backyard.
Last Agent to Sell the Property
Coldwell Banker Realty - Cambridge Listed on: 10/27/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,813
Year Built
- Built in 1893
Lot Details
- 2,614
Flooring
- Wood
- Tile
Utilities
- Tankless Water Heater
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0099 L:0051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 17, 2016
Sold by
Leighton Henry
Bought by
Us Bank Na Tr
Current Estimated Value
Purchase Details
Closed on
Sep 20, 1996
Sold by
Casa De Sol Rt
Bought by
Gomes Joseph and Gomes Andrea
Purchase Details
Closed on
Sep 11, 1996
Sold by
Fleet Natl Bka
Bought by
Casa De Sol T
Purchase Details
Closed on
Oct 1, 1992
Sold by
Silva Americo C
Bought by
New Bedford Inst Svgs
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Us Bank Na Tr | $127,000 | -- | |
| Us Bank Na Tr | $127,000 | -- | |
| Gomes Joseph | $87,800 | -- | |
| Gomes Joseph | $87,800 | -- | |
| Casa De Sol T | $25,000 | -- | |
| Casa De Sol T | $25,000 | -- | |
| New Bedford Inst Svgs | $75,000 | -- | |
| New Bedford Inst Svgs | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barros Carlos | $392,755 | |
| Closed | Barros Carlos | $392,755 | |
| Previous Owner | Silva Maerico C | $160,000 | |
| Previous Owner | Silva Maerico C | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2021 01/27/21 | Sold | $400,000 | -4.8% | $133 / Sq Ft |
| 11/29/2020 11/29/20 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | For Sale | $420,000 | +497.3% | $140 / Sq Ft |
| 01/18/2017 01/18/17 | Sold | $70,314 | 0.0% | $25 / Sq Ft |
| 12/22/2016 12/22/16 | Pending | -- | -- | -- |
| 12/13/2016 12/13/16 | Off Market | $70,314 | -- | -- |
| 12/07/2016 12/07/16 | Price Changed | $48,000 | 0.0% | $17 / Sq Ft |
| 12/07/2016 12/07/16 | For Sale | $48,000 | -31.7% | $17 / Sq Ft |
| 12/01/2016 12/01/16 | Pending | -- | -- | -- |
| 11/09/2016 11/09/16 | Off Market | $70,314 | -- | -- |
| 11/03/2016 11/03/16 | Price Changed | $45,000 | -13.5% | $16 / Sq Ft |
| 11/02/2016 11/02/16 | Price Changed | $52,000 | 0.0% | $19 / Sq Ft |
| 11/02/2016 11/02/16 | For Sale | $52,000 | -31.0% | $19 / Sq Ft |
| 10/27/2016 10/27/16 | Pending | -- | -- | -- |
| 09/09/2016 09/09/16 | For Sale | $75,400 | -- | $27 / 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 | $5,813 | $514,000 | $93,000 | $421,000 |
| 2024 | $4,985 | $415,400 | $69,700 | $345,700 |
| 2023 | $4,621 | $323,400 | $59,500 | $263,900 |
| 2022 | $4,092 | $263,300 | $54,200 | $209,100 |
| 2021 | $3,996 | $256,300 | $54,200 | $202,100 |
| 2020 | $3,904 | $241,600 | $54,200 | $187,400 |
| 2019 | $3,370 | $204,600 | $54,200 | $150,400 |
| 2018 | $2,805 | $168,700 | $54,200 | $114,500 |
| 2017 | $2,609 | $156,300 | $54,200 | $102,100 |
| 2016 | $2,533 | $153,600 | $54,200 | $99,400 |
| 2015 | $2,391 | $152,000 | $55,800 | $96,200 |
| 2014 | $2,351 | $155,100 | $58,900 | $96,200 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Maynard
-
Traci Almeida
T
Buyer's Agent in 2021
Traci Almeida
Hartford Homes Realty LLC
(774) 776-2168
1 in this area
101 Total Sales
-
D
Seller's Agent in 2017
David Torres
RealHome Services and Solutions, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72748991
APN: NEWB-000099-000000-000051
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