$550,000
SOLD OCT 31, 2024
8 Beds
3 Baths
3,292 Sq Ft
3,872 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Granite Flooring
  • Property is near public transit
  • Bathtub with Shower
  • Deck
  • Porch
  • Living Room

About This Home

As of October 2024

Fantastic opportunity to own a spacious 3 family in New Bedford. Excellent investment or multi-generational living opportunity. Units 1 & 2 boasts generous bedrooms and 1 full bathroom, providing ample space for comfort. 3rd floor unit offers a generous layout boasting 2 bedrooms, living room, dining room, kitchen with separate pantry space. Private fenced back yard. Located near major highways and local amenities. Rents listed below market rent with long-term tenants.

Last Agent to Sell the Property

Becky Lynn Rosen

Rosen Property Management, Inc. Listed on: 09/18/2024

Last Buyer's Agent

Kevin Francois

Martins & Assoc. R.E. Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,822

Year Built

  • Built in 1897

Lot Details

  • 3,872 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,292 Sq Ft Home
  • Living Room
  • Dining Room
  • Range

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,900
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0077 L:0034,2895947

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,822

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1897
  • Buyer Agency: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Concrete
  • Living Area: 3292
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN0339
  • LIST PRICE PER Sq Ft: 159.48
  • PRICE PER Sq Ft: 167.07
  • MAIN SO: BB4649

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: None
  • Heating: Natural Gas, Space Heater
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0077 L:0034,2895947
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3872
  • Lot Size Units: Acres
  • PAGE: 310
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4822
  • Tax Book Number: 9180

Multi Family

  • Gross Income: 34800
  • Net Operating Income: 34800
  • Number Of Units Total: 3
  • Total Actual Rent: 2900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2011
Sold by
Silva Peter N and Degbor Joycelyn A
Bought by
Degbor Silva Ft and Silva
Current Estimated Value
$562,913

Purchase Details

Closed on
Oct 29, 2008
Sold by
Deutsche Bank Natl T C
Bought by
Degbor Joycelyn A and Silva Peter N

Purchase Details

Closed on
Oct 20, 2008
Sold by
Mclaughlin Deborah and Deutsche Bank Natl T C
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
May 27, 2004
Sold by
Medeiros Bonnie L and Chace Ernest H
Bought by
Mclaughlin Deborah and Mclaughlin Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $112,000 --
Deed $112,000 --
Foreclosure Deed $153,970 --
Foreclosure Deed $153,970 --
Deed $221,000 --
Deed $221,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $522,500 Purchase Money Mortgage
Closed $522,500 Purchase Money Mortgage
Previous Owner $280,500 No Value Available
Previous Owner $176,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $550,000 +4.8% $167 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $525,000 -- $159 / 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 $5,450 $481,900 $86,300 $395,600
2024 $4,822 $401,800 $73,700 $328,100
2023 $4,146 $290,100 $61,700 $228,400
2022 $3,726 $239,800 $56,400 $183,400
2021 $3,639 $233,400 $56,400 $177,000
2020 $3,607 $223,200 $56,400 $166,800
2019 $3,114 $189,100 $56,400 $132,700
2018 $2,963 $178,200 $56,400 $121,800
2017 $2,744 $164,400 $56,400 $108,000
2016 $2,632 $159,600 $56,400 $103,200
2015 $2,455 $156,100 $56,400 $99,700
2014 $2,365 $156,000 $56,400 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73291512

MLS Property Information Network (MLS PIN)

APN: NEWB-000077-000000-000034