PENDING
$20K PRICE DROP
385 Cottage St New Bedford, MA 02740
Downtown New Bedford NeighborhoodEstimated payment $3,009/month
Total Views
9,693
4
Beds
2
Baths
1,930
Sq Ft
$249
Price per Sq Ft
Highlights
- Medical Services
- Wood Flooring
- Bike Trail
- Property is near public transit
- 2 Fireplaces
- Coin Laundry
About This Home
Introducing 385 Cottage Street – a well-maintained two-family home in the heart of New Bedford. This property features hardwood flooring throughout, updated electrical, fresh interior paint, and low-maintenance vinyl siding. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit includes 2 bedroom and 1 full bath – making it ideal for owner-occupants or investors alike. Full attic available for potential cottage set up as well! Enjoy the convenience of off-street parking and a fully fenced-in yard perfect for outdoor activities or pets. Whether you’re looking to live in one unit and rent the other, or add a solid property to your investment portfolio, 385 Cottage St is a must see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,726
Year Built
- Built in 1879
Lot Details
- 3,223 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 1,930 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Flooring
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Heating Zones
Listing and Financial Details
- Assessor Parcel Number 2892927
Community Details
Amenities
- Medical Services
- Coin Laundry
Recreation
- Bike Trail
Additional Features
- 2 Units
- Net Operating Income $12,000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,726 | $417,900 | $83,500 | $334,400 |
| 2024 | $3,964 | $330,300 | $71,300 | $259,000 |
| 2023 | $3,787 | $265,000 | $59,700 | $205,300 |
| 2022 | $3,322 | $213,800 | $54,600 | $159,200 |
| 2021 | $3,333 | $213,800 | $54,600 | $159,200 |
| 2020 | $3,167 | $196,000 | $54,600 | $141,400 |
| 2019 | $3,058 | $185,700 | $54,600 | $131,100 |
| 2018 | $2,616 | $157,300 | $54,600 | $102,700 |
| 2017 | $2,387 | $143,000 | $54,600 | $88,400 |
| 2016 | $2,434 | $147,600 | $54,600 | $93,000 |
| 2015 | $2,273 | $144,500 | $54,600 | $89,900 |
| 2014 | $2,198 | $145,000 | $54,600 | $90,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | Price Changed | $479,999 | -4.0% | $249 / Sq Ft |
| 06/30/2025 06/30/25 | For Sale | $499,999 | +177.8% | $259 / Sq Ft |
| 07/27/2018 07/27/18 | Sold | $180,000 | -5.2% | $96 / Sq Ft |
| 06/19/2018 06/19/18 | Pending | -- | -- | -- |
| 05/15/2018 05/15/18 | Price Changed | $189,900 | -5.0% | $101 / Sq Ft |
| 04/24/2018 04/24/18 | Price Changed | $199,900 | -2.4% | $106 / Sq Ft |
| 04/11/2018 04/11/18 | Price Changed | $204,900 | -2.4% | $109 / Sq Ft |
| 03/21/2018 03/21/18 | For Sale | $209,900 | +109.9% | $111 / Sq Ft |
| 01/23/2018 01/23/18 | Sold | $100,000 | -13.0% | $53 / Sq Ft |
| 11/13/2017 11/13/17 | Pending | -- | -- | -- |
| 11/03/2017 11/03/17 | Price Changed | $114,900 | -4.2% | $61 / Sq Ft |
| 10/10/2017 10/10/17 | For Sale | $119,900 | 0.0% | $64 / Sq Ft |
| 09/21/2017 09/21/17 | Pending | -- | -- | -- |
| 08/04/2017 08/04/17 | For Sale | $119,900 | -- | $64 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $180,000 | -- | |
| Not Resolvable | $100,000 | -- | |
| Foreclosure Deed | $69,000 | -- | |
| Foreclosure Deed | $69,000 | -- | |
| Deed | $40,000 | -- | |
| Deed | $40,000 | -- | |
| Foreclosure Deed | $62,846 | -- | |
| Foreclosure Deed | $62,846 | -- | |
| Deed | $72,000 | -- | |
| Deed | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $276,760 | FHA | |
| Closed | $22,549 | FHA | |
| Closed | $176,530 | FHA | |
| Closed | $176,739 | FHA | |
| Previous Owner | $111,900 | New Conventional | |
| Previous Owner | $196,350 | No Value Available |
Source: Public Records
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Source: MLS Property Information Network (MLS PIN)
MLS Number: 73398540
APN: NEWB-000058-000000-000013
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