78 Thomas St New Bedford, MA 02740
Downtown New Bedford NeighborhoodEstimated Value: $547,000 - $631,000
7
Beds
3
Baths
3,269
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Medical Services
- Park
- Coin Laundry
- Property is near public transit
- Shops
About This Home
As of October 2023Location* Location* This 3 family home is nestled near downtown New Bedford where you’re just minutes from a multitude of amenities; Shopping, recreational parks and restaurants. This is great for the investor or owner occupied buyer. The first floor unit is currently owner occupied yet will be delivered vacant. This large unit boasts 3 bedrooms, a bonus room, large eat in kitchen with granite countertops and stainless steal appliances. The second floor is a two bedroom unit and has many recent updates: newer cabinets, countertops and coreluxe flooring installed throughout the galley kitchen and common area. The third floor also has newer cabinets, countertops, and coreluxe flooring throughout the common area and kitchen. This home also features a large fenced in backyard. Come take a look at this gem before it’s gone!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,384
Year Built
- Built in 1882
Lot Details
- 3,228
Home Design
- Triplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,269 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- Driveway
- Open Parking
Additional Features
- 3,228 Sq Ft Lot
- Property is near public transit
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $4,950
- Assessor Parcel Number 2892978
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $35,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 29, 2010
Sold by
Magid Michelle and Bank United
Bought by
Bank United
Total Days on Market
5
Current Estimated Value
Purchase Details
Closed on
Jun 1, 2010
Sold by
Andrews Jason A and Andrews Kyla E
Bought by
Andrews Jason A
Purchase Details
Closed on
May 1, 2007
Sold by
Magid Micelle
Bought by
Thomas Street Rt and Magid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2006
Sold by
Magid Michelle
Bought by
Thomas St Rt and Magid
Purchase Details
Closed on
Mar 7, 2005
Sold by
Magid Michelle
Bought by
Thomas St Rt and Magid
Purchase Details
Closed on
Jul 22, 2004
Sold by
Williams Mandi
Bought by
Magid Michelle
Purchase Details
Closed on
Mar 30, 2004
Sold by
Williams Mandi and Burgo Toni
Bought by
Williams Mandi
Purchase Details
Closed on
Mar 11, 2002
Sold by
Feno Quinn
Bought by
Williams Mandi and Burgo Toni
Purchase Details
Closed on
Feb 14, 2001
Sold by
Scott George
Bought by
Feno Quinn
Purchase Details
Closed on
Jun 28, 2000
Sold by
Lynch Andrew F and Lynch Lizabeth M
Bought by
Scott George
Similar Homes in New Bedford, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bank United | $109,900 | -- | |
| Andrews Jason A | -- | -- | |
| Thomas Street Rt | -- | -- | |
| Magid Michelle | -- | -- | |
| Thomas St Rt | -- | -- | |
| Magid Michelle | -- | -- | |
| Thomas St Rt | -- | -- | |
| Magid Michelle | $239,000 | -- | |
| Williams Mandi | -- | -- | |
| Williams Mandi | $149,600 | -- | |
| Feno Quinn | $134,000 | -- | |
| Scott George | $99,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dejesus Andreina L | $540,038 | |
| Closed | Butler Katie | $33,552 | |
| Closed | Butler Katie | $326,869 | |
| Open | Welch Kevin | $1,330,000 | |
| Closed | Welch Kevin | $750,000 | |
| Previous Owner | Scott George | $256,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2023 10/11/23 | Sold | $550,000 | +10.0% | $168 / Sq Ft |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $499,997 | +50.2% | $153 / Sq Ft |
| 10/27/2020 10/27/20 | Sold | $332,900 | 0.0% | $102 / Sq Ft |
| 08/29/2020 08/29/20 | Pending | -- | -- | -- |
| 08/25/2020 08/25/20 | For Sale | $332,900 | 0.0% | $102 / Sq Ft |
| 07/27/2020 07/27/20 | Pending | -- | -- | -- |
| 07/13/2020 07/13/20 | For Sale | $332,900 | -- | $102 / 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 | $5,960 | $527,000 | $83,500 | $443,500 |
| 2024 | $5,016 | $418,000 | $71,300 | $346,700 |
| 2023 | $4,384 | $306,800 | $59,800 | $247,000 |
| 2022 | $4,031 | $259,400 | $54,600 | $204,800 |
| 2021 | $3,933 | $252,300 | $54,600 | $197,700 |
| 2020 | $3,898 | $241,200 | $54,600 | $186,600 |
| 2019 | $3,352 | $203,500 | $54,600 | $148,900 |
| 2018 | $3,183 | $191,400 | $54,600 | $136,800 |
| 2017 | $2,941 | $176,200 | $54,600 | $121,600 |
| 2016 | $2,818 | $170,900 | $54,600 | $116,300 |
| 2015 | $2,627 | $167,000 | $54,600 | $112,400 |
| 2014 | $2,532 | $167,000 | $54,600 | $112,400 |
Source: Public Records
Agents Affiliated with this Home
-
Gerald Powell
Seller's Agent in 2023
Gerald Powell
Fathom Realty MA
(781) 901-0155
2 in this area
35 Total Sales
-
Juana Rivera
J
Buyer's Agent in 2023
Juana Rivera
HomeSmart Professionals Real Estate
4 in this area
12 Total Sales
-
Melissa Welch
Seller's Agent in 2020
Melissa Welch
Boom Realty
(781) 760-4913
1 in this area
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73153750
APN: NEWB-000058-000000-000068
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