Sold for $560,000

$560,000

56 Locust St, New Bedford, MA 02740

6beds

3,043sqft

Multi Family

Built in 1897

-- sqft lot

$647,500 Zestimate^®

$184/sqft

$2,405 Estimated rent

Home value

$647,500

$615,000 - $680,000

$2,405/mo

Zestimate^® history

Owner options

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$2,405/mo

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$2,405/mo

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$3,526/mo

Est. payment

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$3,526/mo

Est. payment

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What's special

Central acHuge bonus loft areaLarge off street drivewayClose - knit neighborhoodWalk in closetPristine condition

Beautifully maintained two family home in convenient area of New Bedford in a close-knit neighborhood. Owners have occupied this property for many years and have taken pride in the condition. Every floor is in pristine condition and this property is turn-key. The second floor has a huge bonus loft area above with its own bathroom, walk in closet and central AC and heat. Large off street driveway and two car garage. Great opportunity for income potential or to occupy as a large family.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Walk-Up Attic
Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,043
Total interior livable area: 3,043 sqft

Property

Parking

Total spaces: 5
Parking features: Paved Drive, Off Street
Garage spaces: 2
Uncovered spaces: 3

Lot

Size: 3,925 Square Feet

Details

Parcel number: M:0071 L:0277,2895047
Zoning: RB

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Stone

Condition

Year built: 1897

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: New Bedford

Financial & listing details

Price per square foot: $184/sqft
Tax assessed value: $421,800
Annual tax amount: $5,062
Date on market: 1/12/2026
Total actual rent: 0

Price history

Date	Event	Price
4/10/2024	Sold	$560,000+6.7%$184/sqft
Source: MLS PIN #73210767 Report a problem
3/14/2024	Contingent	$525,000$173/sqft
Source: MLS PIN #73210767 Report a problem
3/11/2024	Listed for sale	$525,000+275%$173/sqft
Source: MLS PIN #73210767 Report a problem
1/3/2003	Sold	$140,000$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,583 +10.3%	$493,600 +17%
2024	$5,062 +6%	$421,800 +26.2%
2023	$4,776 +14.1%	$334,200 +24.1%
2022	$4,185 +1%	$269,300 +1.3%
2021	$4,145 +4.4%	$265,900 +8.2%
2020	$3,971 +2.7%	$245,700 +4.7%
2019	$3,866 +7.1%	$234,700 +8.1%
2018	$3,610 +18.3%	$217,100 +18.8%
2017	$3,051 +4.9%	$182,800 +3.6%
2016	$2,909 +8.8%	$176,400 +3.8%
2015	$2,674 +4.5%	$170,000 +0.7%
2014	$2,559 -3.7%	$168,800 -9%
2013	$2,658 +0.1%	$185,500 -3.9%
2012	$2,656 -0.2%	$193,000 -6.6%
2011	$2,661 -2.2%	$206,600 -8.7%
2010	$2,722 +4%	$226,300 -1%
2009	$2,617 +0.8%	$228,600 -7.1%
2008	$2,597 +2.2%	$246,200 -0.1%
2007	$2,540 +12.3%	$246,400 +18.4%
2006	$2,262 +16.7%	$208,100 +22.1%
2005	$1,939 +7.9%	$170,500 +17.3%
2004	$1,797 +7.8%	$145,300 +27.8%
2003	$1,667 +4.5%	$113,700 +9.9%
2002	$1,595 +15.3%	$103,500 +21.5%
2000	$1,383 +1.2%	$85,200 -17.3%
1996	$1,367	$103,000