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Sold for $660,000
  • $660,000

    1587 Purchase St, New Bedford, MA 02740

    8beds
    3,096sqft
    Multi Family
    Built in 1873
    -- sqft lot
    $675,000 Zestimate®
    $213/sqft
    $2,026 Estimated rent

    Home value

    $675,000

    $614,000 - $743,000

    $2,026/mo

    Zestimate® history
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    What's special

    Brand new roof systemOpen concept living unitsLarge yardNew stainless steel appliancesKitchen islandOff street parking
    **Offer deadline Monday @ 5 p.m. Special opportunity to have a centrally located, Fully gut renovated owner occupied or investment property, less than half a mile away from the new South coast commuter rail station. This 2 family boasts 3 bedrooms and 1 bath in the first unit and 5 bedrooms and 2 full bathrooms in a townhouse style 2nd unit, including great views of the city on the penthouse level and in-unit laundry in both units! Some of the updates in these open concept living units include, new cabinets with beautiful quartz countertops, kitchen Island, new Stainless Steel appliances, Brand new roof system, new electrical service and wiring, new plumbing, new forced hot air heating systems, new hot water tanks, new bathrooms w/ laundry connections, new vanities, fixtures and shower tile, new insulation, new drywall and paint, and new Luxury vinyl plank flooring. Off street parking, large basement with high ceilings and a large yard add to the final touches of this unique property.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Thompson 857-334-6828,

    Stuart St James, Inc. 617-819-5850

    Bought with:

    David Thompson

    Stuart St James, Inc.

    Source: MLS PIN,MLS#: 73464140

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,096
    • Total interior livable area: 3,096 sqft
    • Finished area above ground: 3,096

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved Drive, Off Street, Paved
    • Uncovered spaces: 1
    Lot
    • Size: 5,593 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: M:0072 L:0064,2895222
    • Zoning: MUB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1873

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: New Bedford

    Financial & listing details

    • Price per square foot: $213/sqft
    • Tax assessed value: $444,900
    • Annual tax amount: $5,032
    • Date on market: 1/29/2026
    • Total actual rent: 0

    Price history

    DateEventPrice
    2/5/2026Sold$660,000+1.7%$213/sqft
    Source: MLS PIN #73464140 Report a problem
    1/6/2026Contingent$649,000$210/sqft
    Source: MLS PIN #73464140 Report a problem
    12/30/2025Listed for sale$649,000$210/sqft
    Source: MLS PIN #73464140 Report a problem
    12/29/2025Listing removed$649,000-1.5%$210/sqft
    Source: MLS PIN #73414157 Report a problem
    8/22/2025Listing removed$659,000$213/sqft
    Source: MLS PIN #73414157 Report a problem
    8/6/2025Listed for sale$659,000+262.1%$213/sqft
    Source: MLS PIN #73414157 Report a problem
    9/17/2020Sold$182,000-4.2%$59/sqft
    Source: Public Record Report a problem
    8/3/2020Pending sale$189,900$61/sqft
    Source: ERA The Castelo Group #72673995 Report a problem
    7/2/2020Price change$189,900-5%$61/sqft
    Source: ERA The Castelo Group #72673995 Report a problem
    6/15/2020Listed for sale$199,900+81.7%$65/sqft
    Source: ERA The Castelo Group #72673995 Report a problem
    9/4/2018Sold$110,000-20.9%$36/sqft
    Source: Public Record Report a problem
    8/10/2018Pending sale$139,000$45/sqft
    Source: ERA The Castelo Group #72365319 Report a problem
    7/19/2018Listed for sale$139,000$45/sqft
    Source: ERA The Castelo Group #72365319 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,032 +19.8%$444,900 +27.1%
    2024$4,201 +2.8%$350,100 +22.4%
    2023$4,088 +13.6%$286,100 +23.5%
    2022$3,599 -0.3%$231,600
    2021$3,611 +4.9%$231,600 +8.7%
    2020$3,442 +12.9%$213,000 +15.1%
    2019$3,049 +5.2%$185,100 +6.2%
    2018$2,899 +10.4%$174,300 +10.8%
    2017$2,625 +4%$157,300 +2.8%
    2016$2,523 +7.1%$153,000 +2.1%
    2015$2,356 +3.4%$149,800 -0.3%
    2014$2,279 -4.5%$150,300 -9.7%
    2013$2,386 +8.3%$166,500 +4%
    2012$2,203 +0.3%$160,100 -6.2%
    2011$2,197 -5.2%$170,600 -11.4%
    2010$2,317 +12.6%$192,600 +7.2%
    2009$2,058 +4.9%$179,700 -3.3%
    2008$1,961 +2.3%$185,900
    2007$1,917 +12.6%$185,900 +18.7%
    2006$1,702 +13.2%$156,600 +18.4%
    2005$1,504 +0.9%$132,300 +9.8%
    2004$1,491 +5.5%$120,500 +25%
    2003$1,413 +38.3%$96,400 +45.4%
    2002$1,022 -8.1%$66,300 -3.2%
    2000$1,112 +73.8%$68,500 +42.1%
    1996$640 $48,200
    Find assessor info on the county website

    Neighborhood: 02740

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $675,000
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    Estimated market value
    $675,000