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Backup Offers

587 Shawmut Ave, New Bedford, MA, 02740

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
1 Full Bath
1,829 SqFt
$205/SqFt
House
Schools Nearby

Location

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587 Shawmut Ave, New Bedford$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Paved Drive, Off Street
Garage2 spaces
Year Built1922
HeatingHot Water, Ductless
CoolingDuctless
BasementYes
MLS #73227708
Lot Size0.50 Acres
StatusAccepting Backup Offers
(Contingent)

About 587 Shawmut Ave

Multiple Offer Situation: Highest and Best due by 4pm Sun 4/28.Available to the market for the first time in over 100 years, this custom-built 1920's brick bungalow is ready for its next chapter. From the stunning and spacious sunroom entrance, original windows, built-ins, and beyond, this home is loaded with original charm and craftsmanship. Step out into the sprawling half-acre yard, a rare find in the city, to enjoy summer evenings around the hand-built outdoor fireplace, or tinkering on a hobby in the powered 2-bay garage. In addition to having the roof reshingled in 2019, there are a number of useful updates throughout the home. Do not miss this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1922
  • Living Area: 1,829 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Robert Paul Properties
  • Listing Agent: Amy Oliveira

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Storage, Garden

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Ductless
  • Cooling: Ductless

School Info

Assigned Schools Information:

  • New Bedford High School, Public District Grades 9-12
  • Keith Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: From Rt. 195, take Hathaway Rd. exit, left onto Hathaway Rd., right onto Shawmut Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $205/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2%

Tax Information:

  • Annual Amount: $4,279
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$418.2K

Med. Price/SqFt

$231

Avg. Days On Market

28

# of Sold Homes

47

587 Shawmut Ave vs New Bedford

11 DAYS ON ROCKET

-17 Days

$375,000

-$43.2K Less

$205/SqFt

-$26 Less

KEY TAKEAWAY

This property is $43.2K less than the Median Sold Price and $26/SqFt less 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: #73227708

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Robert Paul Properties
  • Listing Agent: Amy Oliveira

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: 5/5/2024, 4:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,279$274,500
2020$4,384$271,300
2019$4,185$254,100
2018$4,043$243,100
2017$3,814$228,500

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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.

Middle School

school-card-donut-6568972
2
/10
  • Keith Middle School

  • 225 Hathaway Blvd

  • 0.46 miles

  • Public District Grades 6-8

High School

school-card-donut-6568973
1
/10
  • New Bedford High School

  • 230 Hathaway Blvd

  • 0.44 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,869. Typical income of New Bedford, MA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 587 Shawmut Ave

What is the listing price of this property?

The listing price of 587 Shawmut Ave property is $375,000.

What type of property is this?

The property 587 Shawmut Ave is a house located in New Bedford, Massachusetts, 02740.

Is this property for sale now?

Accepting Backup Offers: 587 Shawmut Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 587 Shawmut Ave are:
Keith Middle School: GreatSchools Rating 2/10
New Bedford High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,279 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 587 Shawmut Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 587 Shawmut Ave is 1,829 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 587 Shawmut Ave is 1922.

Rocket Homes›Massachusetts›Bristol County›New Bedford›02740›587 Shawmut Ave

This home is located at 587 Shawmut Ave in New Bedford, MA and zip code 02740. This 1,829 square foot home, which was built in 1922, sits on a 0.50 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $375,000.

In April 2024 more than 33 listings in New Bedford, MA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 11 were sold below. Between March 2024 and April 2024, New Bedford, MA real estate market has seen increase in the number of listings by 11.5%. The median list price of listings available in April 2024 was $418,214, while the average time on the real estate market was 28 days.

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

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