NOT LISTED FOR SALE

Estimated Value: $386,000 - $491,000

5 Beds
2 Baths
1,792 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $195,000 $109 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,773/month

13 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Property near a hospital
  • Attic
  • Storage Room
  • 3-minute walk to Ashley Park

About This Home

As of December 2018

Are you looking for an investment opportunity in the heart of the historic New Bedford? Conveniently located close to UMASS Dartmouth for commuters, minutes from the New Bedford Ferry Terminal, Whaling Museum, and much more, this two-unit multi family will be easy to rent out. The first unit features 2 bedrooms and a full bath while the second unit features three bedrooms and a full bath. Both units have a large double living room, kitchen and dining area. A must see! Please note: Property is vacant and has been for some time. The expenses are based on vacant units.

Last Agent to Sell the Property

Susan Kelly

Fenix Real Estate License #REB.0018069 Listed on: 10/31/2018

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1890

Lot Details

  • 8,930

Parking

  • 2 Car Detached Garage

Home Design

  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • Storage Room
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • 4 Units
  • Operating Expense $5,160

Listing and Financial Details

  • Legal Lot and Block 70 / 7178
  • Assessor Parcel Number 99FRUITSTNBED

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,860

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Above Grade Finished Sq Ft: 1792.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1890
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic
  • Dining Room Type: Storage Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Parcel #: 99FRUITSTNBED
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 5160.0

Tax Info

  • Tax Annual Amount: 2860.0
  • Tax Block: 7178
  • Tax Lot: 70
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2019
Sold by
Arruda Octavio A and Arruda Julieta M
Bought by
Arruda Nicholas J
Current Estimated Value
$457,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$118,931
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$363,403

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 14, 2018
Sold by
Riccio Nina
Bought by
Arruda Octavio A and Arruda Julieta M
Seller's Agent
Susan Kelly
Fenix Real Estate
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$209,000
Sold Price
$195,000
Premium/Discount to List
-$14,000
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%

Purchase Details

Closed on
Sep 17, 2004
Sold by
Amaral Lionel P and Amaral Mary S
Bought by
Amaral Lionel A
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
Arruda Nicholas J $195,000 --
Arruda Octavio A $195,000 --
Amaral Lionel A -- --
Amaral Lionel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arruda Nicholas J $135,000
Closed Arruda Nicholas J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $195,000 -6.7% $109 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $209,000 -- $117 / Sq Ft
Source: State-Wide MLS

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 $4,284 $378,800 $99,700 $279,100
2024 $3,521 $293,400 $93,500 $199,900
2023 $3,477 $243,300 $79,700 $163,600
2022 $3,106 $199,900 $72,700 $127,200
2021 $3,116 $199,900 $72,700 $127,200
2020 $3,062 $189,500 $68,500 $121,000
2019 $2,974 $180,600 $68,500 $112,100
2018 $2,860 $172,000 $68,500 $103,500
2017 $2,635 $157,900 $68,500 $89,400
2016 $2,582 $156,600 $70,600 $86,000
2015 $2,449 $155,700 $72,700 $83,000
2014 $2,366 $156,100 $72,700 $83,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1207130

State-Wide MLS

APN: NEWB-000028-000000-000070