15 days on rocket

503 S 2nd St, New Bedford, MA, 02744

$349,000

Home List Price

$4,144*

Closing Credit

4 Bedrooms
2 Full Baths
1,408 SqFt
$248/SqFt
Multi
Schools Nearby

Location

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503 S 2nd St, New Bedford$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1889
BasementYes
WaterfrontBeach, Ocean Front
MLS #73223767
Lot Size0.05 Acres
StatusActive

About 503 S 2nd St

Welcome to this wonderful opportunity to own a versatile 2-family home in a prime location! Boasting a total of 4 bedrooms and 2 bathrooms spread across 1,408 square feet, this property offers endless possibilities for both investors and owner-occupants alike.Outside, you'll find off-street parking, ensuring convenience for residents and guests alike. Plus, with its close proximity to beaches, highways, and shopping destinations, you'll have everything you need right at your fingertips.Whether you're looking to generate rental income or accommodate multi-generational living, this property is sure to exceed your expectations. Don't miss out on this fantastic opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1889
  • Living Area: 1,408 SqFt

Listing Office:

  • Office Name: RE/MAX Vantage
  • Listing Agent: Team ROSO

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Carpet, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.05 Acres

School Info

Assigned Schools Information:

  • New Bedford High School, Public District Grades 9-12
  • Roosevelt Middle School, Public District Grades 6-8
  • Alfred J Gomes, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $248/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $2,840
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New Bedford, MA.

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New Bedford, MA

City

Med. Sold Price

$410K

Med. Price/SqFt

$231

Avg. Days On Market

39

# of Sold Homes

39

503 S 2nd St vs New Bedford

15 DAYS ON ROCKET

-24 Days

$349,000

-$61K Less

$248/SqFt

+$17 More

KEY TAKEAWAY

This property is $61K less than the Median Sold Price and $17/SqFt more than other homes in New Bedford, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73223767

Listing Office:

  • Office Name: RE/MAX Vantage
  • Listing Agent: Team ROSO

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 12:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 15, 1992Home Sold
$18,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,840$182,200
2020$2,639$163,300
2019$2,573$156,200
2018$2,406$144,700
2017$2,163$129,600

History based on county public records data.

Payment Calculator

$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3100443
2
/10

  • Alfred J Gomes

  • 286 S 2nd St

  • 0.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3100444
2
/10

  • Roosevelt Middle School

  • 119 Frederick St

  • 0.85 miles

  • Public District Grades 6-8

High School

school-card-donut-3100445
1
/10

  • New Bedford High School

  • 230 Hathaway Blvd

  • 2.16 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,500. The majority of New Bedford, MA residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Bristol County›New Bedford›02744›503 S 2nd St

This home is located at 503 S 2nd St in New Bedford, MA and zip code 02744. This 1,408 square foot home, which was built in 1889, sits on a 0.05 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $349,000.

Over 19 listings were sold over their listed price in March 2024 in New Bedford, MA. In the same period over 15 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in New Bedford, MA between February 2024 and March 2024 increased by 1.5%. The median list price of listings available in March 2024 was $410,000, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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