Seller's Agent in 2023
The Mathew J Arruda Group
Compass
(508) 965-8683
42 in this area
344 Total Sales
46 State St New Bedford, MA 02740
Downtown New Bedford NeighborhoodEstimated Value: $541,000 - $599,000
6
Beds
3
Baths
2,940
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Granite Flooring
- Park
- Heating Available
- Property is near public transit
- Coin Laundry
About This Home
As of December 2023Lovely three-family residence available just north of Historic Downtown New Bedford. Each floor features two bedrooms and beautiful refinished hardwood floors. The property is only a few blocks to the existing pedestrian bridge (and its future replacement) leading over to the upcoming Whale’s Tooth MBTA Commuter Rail Station. Enjoy all that Downtown New Bedford has to offer with the Whaling Museum, Bristol Community College, Zeiterion Theatre, local restaurants, galleries, shops, & island ferries. This well-maintained property with a vacant unit ready for occupancy is an ideal choice for proud homeowners or savvy investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,700
Year Built
- Built in 1882 | Remodeled
Lot Details
- 3,759 Sq Ft Lot
- Cleared Lot
Home Design
- 2,940 Sq Ft Home
- Triplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Flooring
- Wood
- Laminate
- Granite
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Parker Elementary School
- Keith Middle School
- Nb High/Nb Voke
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $2,600
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Tax Lot 0193
- Assessor Parcel Number 64 182,2893099
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Coin Laundry
Recreation
- Park
Building Details
- Electric Expense $240
- Insurance Expense $3,455
- Water Sewer Expense $1,200
- Operating Expense $4,895
- Net Operating Income $26,305
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2005
Sold by
Robson John K and Boucher Katherine E
Bought by
Souza John D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,583
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 10, 1998
Sold by
Hilda C Vincent Rt and Soares
Bought by
Wilson Roy A and Boucher Katherine E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Souza John D | $228,000 | -- | |
| Souza John D | $228,000 | -- | |
| Wilson Roy A | $55,000 | -- | |
| Wilson Roy A | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sequeira Kyle | $477,000 | |
| Closed | Sequeira Kyle | $477,000 | |
| Closed | Lewis Mark C | $378,026 | |
| Closed | Souza John D | $190,000 | |
| Closed | Souza John D | $194,220 | |
| Closed | Wilson Roy A | $225,583 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2023 12/21/23 | Sold | $530,000 | +9.3% | $180 / Sq Ft |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $484,900 | +24.3% | $165 / Sq Ft |
| 05/24/2021 05/24/21 | Sold | $390,000 | +11.5% | $133 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | For Sale | $349,900 | -- | $119 / 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 | $5,816 | $514,200 | $85,800 | $428,400 |
| 2024 | $5,657 | $471,400 | $73,300 | $398,100 |
| 2023 | $5,306 | $371,300 | $61,400 | $309,900 |
| 2022 | $3,489 | $224,500 | $56,100 | $168,400 |
| 2021 | $3,410 | $218,700 | $56,100 | $162,600 |
| 2020 | $3,376 | $208,900 | $56,100 | $152,800 |
| 2019 | $2,935 | $178,200 | $56,100 | $122,100 |
| 2018 | $2,799 | $168,300 | $56,100 | $112,200 |
| 2017 | $2,602 | $155,900 | $56,100 | $99,800 |
| 2016 | $2,502 | $151,700 | $56,100 | $95,600 |
| 2015 | $2,336 | $148,500 | $56,100 | $92,400 |
| 2014 | $2,251 | $148,500 | $56,100 | $92,400 |
Source: Public Records
Agents Affiliated with this Home
-
The Mathew J Arruda Group
-
Mathew Arruda
Seller Co-Listing Agent in 2023
Mathew Arruda
Compass
(508) 965-8683
35 in this area
178 Total Sales
-
Ryan Rebello
Buyer's Agent in 2023
Ryan Rebello
RE/MAX
(508) 967-4743
5 in this area
83 Total Sales
-
Eric Moura
Seller's Agent in 2021
Eric Moura
Millennium Realty Firm, LLC
(508) 525-5578
6 in this area
48 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73180776
APN: NEWB-000058-000000-000193
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