NOT LISTED FOR SALE

515- 517 Kempton St New Bedford, MA 02740

Downtown New Bedford Neighborhood

Estimated Value: $438,686

3 Beds
3 Baths
2,837 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $170,000 $60 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,308/month

125 Days on Market

About This Home

As of January 2016

**MOTIVATED SELLER! WILL ENTERTAIN OFFERS!!!** Mixed use building. The 1st floor is currently being used as an office with a 5 year lease which is currently in their 3rd year, paying $900 a month. There are 2 apartments with Section 8 Certificates that have 1 year leases. 2nd floor is a 2 bedroom apartment and 3rd floor is a 1 bedroom apartment. Totally renovated down to the studs inside. Low maintenance exterior, new vinyl and windows. Perfect for owner occupied or investor. 1st & 2nd floors have central air. Fenced in yard. The Parking lot with 2 car garage across the street is included with the sale. Take a drive by!

Last Agent to Sell the Property

Lisa Bowman

Keller Williams Realty Listed on: 06/25/2015

Keller Williams Realty

Last Buyer's Agent

Mathew Arruda

Compass

Compass

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Corner, Fenced/Enclosed
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Wall to Wall Carpet
  • Basement: Full, Bulkhead

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 50.00
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Handicap Access, Gutters, Fenced Yard
  • Foundation: Other (See Remarks)

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Other (See Remarks)

Utilities

  • Cooling Zones: 2
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: mub

Multi Family

  • Cooling Units: 2
  • Foundation: 27 x 40
  • Heat Units: 3
  • Total Bedrooms: 3
  • Total Floors: 6
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2020
Sold by
Cph Properties Llc
Bought by
Ponte & Assoc Real Est Inc
Current Estimated Value
$438,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$162,698
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$275,988

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jan 6, 2016
Sold by
Denmark Ft and Denmark George D
Bought by
Cph Properties Llc
Seller's Agent
Lisa Bowman
Keller Williams Realty
Buyer's Agent
Mathew Arruda
Compass
List Price
$249,900
Sold Price
$170,000
Premium/Discount to List
-$79,900
-31.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$127,500
Interest Rate
3.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ponte & Assoc Real Est Inc $245,000 None Available
Ponte & Assoc Real Est Inc $245,000 None Available
Cph Properties Llc $170,000 --
Cph Properties Llc $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponte & Assoc Real Est Inc $183,750
Closed Ponte & Assoc Real Est Inc $183,750
Previous Owner Cph Properties Llc $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2016 01/06/16 Sold $170,000 -32.0% $60 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $249,900 -- $88 / 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 -- $328,700 $87,200 $241,500
2024 -- $294,400 $81,000 $213,400
2023 $0 $222,900 $68,500 $154,400
2022 $0 $185,800 $62,300 $123,500
2021 $0 $163,700 $59,200 $104,500
2020 $0 $160,700 $59,200 $101,500
2019 $4,866 $164,300 $59,200 $105,100
2018 $0 $159,200 $59,200 $100,000
2017 -- $157,600 $57,600 $100,000
2016 -- $158,200 $56,100 $102,100
2015 -- $158,300 $56,100 $102,200
2014 -- $161,900 $54,500 $107,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lisa Bowman

    Keller Williams Realty

    (508) 441-7757

    9 in this area

    48 Total Sales

    Lisa Bowman
    Section Image
  • Mathew Arruda

    Buyer's Agent in 2016

    Mathew Arruda

    Compass

    (508) 965-8683

    31 in this area

    169 Total Sales

    Mathew Arruda
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71866229

MLS Property Information Network (MLS PIN)

APN: NEWB-000057-000000-000344

Massachusetts Bristol County New Bedford 02740 Downtown New Bedford

515- 517 Kempton St, New Bedford, MA

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