87 Dunbar St Unit 89 New Bedford, MA 02740
The South End Neighborhood
6
Beds
4
Baths
2,755
Sq Ft
4,356
Sq Ft Lot
Highlights
- Wood Flooring
- Laundry Room
- 1-minute walk to Ashley Park
About This Home
As of April 2023A classic side-by-side two-family with four off-street parking spaces and nearly limitless potential. This well-appointed two-unit positions itself as a perfect investment opportunity for both experienced professionals looking to add to their portfolio and first-time buyers looking to get their feet wet investing or utilizing this property as an owner-occupied investment. With three sizable bedrooms, sunlight, and charming features filling both units, this property is sure to impress any future tenant. Some of the numerous highlights and amenities include separate entrances, large bay windows, much of the original 20th-century charm, private outdoor space, and easy walkability to countless area restaurants and shops, as well as parks and nearby waterfront districts. Don't miss a chance on this great opportunity to add to or start your rental portfolio in popular New Bedford!
Last Buyer's Agent
Mina Shenouda
Good Samaritan Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,359
Year Built
- Built in 1901
Lot Details
- 4,356 Sq Ft Lot
Home Design
- 2,755 Sq Ft Home
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
Schools
- Devalles Elemen Elementary School
- Roosevelt Middle School
- New Bedford High School
Utilities
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Finished Basement
Community Details
- 2 Units
- Property has 3 Levels
Listing and Financial Details
- Assessor Parcel Number 28 284,2886767
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2023
Closed on
Apr 28, 2023
Sold by
Melo Denis P and Demelo Noberto P
Bought by
Gadalla Hany and Hanna Ereeny
Seller's Agent
Marcio Vasconcelos
eXp Realty
Buyer's Agent
Mina Shenouda
Good Samaritan Realty
List Price
$400,000
Sold Price
$480,000
Premium/Discount to List
$80,000
20%
Views
257
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,166
Avg. Annual Appreciation
6.54%
Original Mortgage
$376,800
Outstanding Balance
$367,490
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$187,050
Purchase Details
Closed on
Jun 17, 1987
Sold by
Vieira Jose M
Bought by
Melo Denis P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
10.54%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $480,000 | None Available | |
| Deed | $480,000 | None Available | |
| Deed | $480,000 | None Available | |
| Deed | $131,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $376,800 | New Conventional | |
| Closed | $376,800 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $48,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $5,000 | No Value Available | |
| Previous Owner | $101,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2023 07/05/23 | Rented | $2,200 | 0.0% | -- |
| 06/30/2023 06/30/23 | Under Contract | -- | -- | -- |
| 06/14/2023 06/14/23 | For Rent | $2,200 | 0.0% | -- |
| 04/28/2023 04/28/23 | Sold | $480,000 | +20.0% | $174 / Sq Ft |
| 03/29/2023 03/29/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $400,000 | -- | $145 / 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 | $5,542 | $490,000 | $96,000 | $394,000 |
| 2024 | $4,921 | $410,100 | $92,600 | $317,500 |
| 2023 | $4,751 | $332,500 | $77,500 | $255,000 |
| 2022 | $4,298 | $276,600 | $75,400 | $201,200 |
| 2021 | $4,259 | $273,200 | $72,000 | $201,200 |
| 2020 | $4,080 | $252,500 | $72,000 | $180,500 |
| 2019 | $3,987 | $242,100 | $72,000 | $170,100 |
| 2018 | $3,735 | $224,600 | $72,000 | $152,600 |
| 2017 | $3,395 | $203,400 | $73,700 | $129,700 |
| 2016 | $3,331 | $202,000 | $73,700 | $128,300 |
| 2015 | $3,100 | $197,100 | $73,700 | $123,400 |
| 2014 | $2,997 | $197,700 | $73,700 | $124,000 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2023
Marcio Vasconcelos
eXp Realty
(617) 964-3300
1 in this area
42 Total Sales
-
Seller's Agent in 2023
Mina Shenouda
Keller Williams Boston MetroWest
(508) 308-9312
1 in this area
58 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73090041
APN: NEWB-000028-000000-000284
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