NOT LISTED FOR SALE

Estimated Value: $436,000 - $485,900

6 Beds
3 Baths
2,322 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $460,000 $198 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,936/month

25 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • 1-minute walk to Gomes Park
  • Corner Lot
  • Coin Laundry

About This Home

As of July 2024

Investment opportunity awaits! Located near most amenities in the heart of New Bedford minutes from the Downtown area. All units consist of wood flooring throughout, bathrooms have been modernly updated. Unit 3 also has been recently updated. Don't miss out on the opportunity to secure this property as part of your portfolio and start receiving revenue.

Last Agent to Sell the Property

Ronald Oliveira

RE/MAX Vantage Listed on: 05/13/2024

RE/MAX Vantage

Co-Listed By

Jen Couto

RE/MAX Vantage

Last Buyer's Agent

Erica Mendes

RE/MAX Vantage

RE/MAX Vantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,965

Year Built

  • Built in 1882

Lot Details

  • 2,182 Sq Ft Lot
  • Corner Lot

Home Design

  • 2,322 Sq Ft Home
  • Block Foundation
  • Stone Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $3,600
  • Assessor Parcel Number M:0031 L:0229,2887479

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,965

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1882
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2322
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN3217
  • LIST PRICE PER Sq Ft: 202.37
  • PRICE PER Sq Ft: 198.11
  • MAIN SO: AN3217

Exterior Features

  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0031 L:0229,2887479
  • Zoning: MUB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2182
  • Lot Size Units: Acres
  • PAGE: 00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3965
  • Tax Book Number: 00

Multi Family

  • Gross Income: 43200
  • Net Operating Income: 43200
  • Number Of Units Total: 3
  • Total Actual Rent: 3600
  • 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
Mar 31, 2023
Sold by
Oliveira Silvia V Est and Oliveira
Bought by
Pacheco Ana C and Pacheco Benjamin
Current Estimated Value
$468,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 1, 2006
Sold by
Oliveira Maria L
Bought by
Oliveira Almerindo A and Oliveira Ana C
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
Pacheco Ana C -- None Available
Pacheco Ana C -- None Available
Pacheco Ana C -- None Available
Oliveira Almerindo A -- --
Oliveira Almerindo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves A S $451,668
Closed Alves A S $451,668
Closed Pacheco Ana C $190,000
Previous Owner Oliveira Manuel $11,253
Previous Owner Oliveira Manuel $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $460,000 -2.1% $198 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $469,900 -- $202 / 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 $4,598 $406,500 $73,000 $333,500
2024 $3,965 $330,400 $68,400 $262,000
2023 $3,547 $248,200 $58,400 $189,800
2022 $3,130 $201,400 $53,200 $148,200
2021 $3,060 $196,300 $53,200 $143,100
2020 $2,983 $184,600 $50,200 $134,400
2019 $2,594 $157,500 $50,200 $107,300
2018 $2,476 $148,900 $50,200 $98,700
2017 $2,302 $137,900 $50,200 $87,700
2016 $2,238 $135,700 $51,700 $84,000
2015 $2,114 $134,400 $53,200 $81,200
2014 $2,038 $134,400 $53,200 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73236839

MLS Property Information Network (MLS PIN)

APN: NEWB-000031-000000-000229