Seller's Agent in 2025
Luis Rodrigues
Realty One Group Dream Makers
(774) 213-1039
12 in this area
68 Total Sales
531 Rivet St New Bedford, MA 02740
The South End Neighborhood
6
Beds
3
Baths
2,750
Sq Ft
2,770
Sq Ft Lot
About This Home
As of August 2025Presenting a prime investment opportunity at 531 Rivet Street, New Bedford, MA 02740. Each unit offers two bedrooms and one bathroom, making it ideal for rental income or multi-generational living. The property features vinyl siding, replacement windows, and a two-year-old roof—ensuring durability and reduced maintenance costs. Additional amenities include off-street parking for three vehicles and washer/dryer hookups in each unit. Situated on a corner lot just one block east of Dartmouth Street, the location provides convenient access to public transportation, shopping, parks, and schools.Don’t miss out on this exceptional investment in a thriving community. The first-floor unit will be delivered vacant.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,022
Year Built
- Built in 1892
Lot Details
- 2,770 Sq Ft Lot
Home Design
- Stone Foundation
Interior Spaces
- 2,750 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
Community Details
- 3 Units
- Property has 1 Level
Listing and Financial Details
- Assessor Parcel Number M:0028 L:0141,2886634
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2025
Closed on
Aug 28, 2025
Sold by
Villeda Erlin A
Bought by
Fernandes Stephanie S
Seller's Agent
Luis Rodrigues
Realty One Group Dream Makers
Buyer's Agent
Leovanni Baessa
Compass
List Price
$559,900
Sold Price
$570,000
Premium/Discount to List
$10,100
1.8%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-78.86%
Original Mortgage
$539,376
Outstanding Balance
$539,376
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
-$11,992
Purchase Details
Closed on
Jan 4, 1995
Sold by
Moniz Manuel
Bought by
Moniz Antonio T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $570,000 | -- | |
| Deed | $40,000 | -- | |
| Deed | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $539,376 | FHA | |
| Closed | $25,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $333,841 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $570,000 | +1.8% | $207 / Sq Ft |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | Price Changed | $559,900 | 0.0% | $204 / Sq Ft |
| 06/11/2025 06/11/25 | For Sale | $559,900 | -1.8% | $204 / Sq Ft |
| 06/10/2025 06/10/25 | Off Market | $570,000 | -- | -- |
| 05/13/2025 05/13/25 | Price Changed | $585,000 | 0.0% | $213 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $585,000 | +2.6% | $213 / Sq Ft |
| 05/13/2025 05/13/25 | Off Market | $570,000 | -- | -- |
| 03/09/2025 03/09/25 | Price Changed | $599,900 | -2.5% | $218 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $615,000 | +80.9% | $224 / Sq Ft |
| 10/08/2021 10/08/21 | Sold | $340,000 | +3.1% | $122 / Sq Ft |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- |
| 08/16/2021 08/16/21 | For Sale | $329,800 | -- | $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 | $5,612 | $496,200 | $75,300 | $420,900 |
| 2024 | $5,022 | $418,500 | $70,600 | $347,900 |
| 2023 | $4,634 | $324,300 | $60,200 | $264,100 |
| 2022 | $3,325 | $219,000 | $54,900 | $164,100 |
| 2021 | $3,325 | $213,300 | $54,900 | $158,400 |
| 2020 | $3,250 | $201,100 | $51,800 | $149,300 |
| 2019 | $2,810 | $170,600 | $51,800 | $118,800 |
| 2018 | $2,676 | $160,900 | $51,800 | $109,100 |
| 2017 | $2,478 | $148,500 | $51,800 | $96,700 |
| 2016 | $2,404 | $145,800 | $53,300 | $92,500 |
| 2015 | $2,268 | $144,200 | $54,900 | $89,300 |
| 2014 | $2,186 | $144,200 | $54,900 | $89,300 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Rodrigues
-
Leovanni Baessa
L
Buyer's Agent in 2025
Leovanni Baessa
Compass
(774) 381-3972
1 in this area
16 Total Sales
-
Scott Botelho
Seller's Agent in 2021
Scott Botelho
LPT Realty - Home & Key Group
(508) 789-8529
3 in this area
66 Total Sales
-
Roy Aviles
R
Buyer's Agent in 2021
Roy Aviles
Laer Realty
(508) 971-7112
7 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73336453
APN: NEWB-000028-000000-000141
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