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24 Cedar Street

24 Cedar Street, New Bedford, MA 02740
Property in New Bedford
Sold Oct 27, 2021
$375,000
$281,250 by Fall River Five Cents Savings
Mortgage Due Oct 27, 2051
Sold Oct 19, 2018
$65,000
24 Cedar Street has been categorized by the local assessors in New Bedford, MA as a residential type of property. The building on the property was first built in 1891 and is 133 years old. The home has a total of 16 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 24 Cedar Street has 3,189 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,953 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of asbestos shingle. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 27, 2021 for $375,000. That's $117.59 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $65,000. 24 Cedar Street was last assessed in 2024. The total value of the property was assessed at $503,200. Specifically, the land the property is located on was valued at $82,300. While improvements on the property were assessed at a total of $420,900. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,038. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Waterfront

Beach Front

Condition

Cleared Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1891
  • Effective Year Built: 1891
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Triplex
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,151
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,953
  • Total Building Area: 3,189
  • Gross Building Area: 4,768
  • Building Area: 3,189
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,189
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.068
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : MCNEIL HORACE
  • Previous Owner : COSTA LAUREANO
  • Previous Owner 2: COSTA ANA
  • Owner Before Previous Owner: BARGASSE JAMES A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 651700

Zoning

  • Zoning: RB

Geography

  • Account Number: 8454
  • Parcel: NEWB M:0051 L:0253
  • Lot: 253
  • Municipality: NEW BEDFORD
  • Latitude: 41.6345
  • Longitude: -70.9344

    Address

  • Full Address: 24 Cedar St
  • Address - House Number: 24
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C035
  • 4-Digit Zip Code: 3937
  • Zip Code: 02740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,038

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 455,939
  • High Value: 569,017
  • Low Value: 342,862

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,250
  • First Open Lien Mortgage Lender: FALL RIVER FIVE CENTS SAVINGS
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Loan Amount: $281,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 27, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $503,200
  • Assessed Land Value: $82,300
  • Assessed Improvements Value: $420,900

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11863509687
  • Current Sale Price: $375,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 31859
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: FALL RIVER FIVE CENTS SAVINGS
  • First Mortgage Transaction Date: Oct 27, 2021
  • First Mortgage Loan Amount: $281,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About New Bedford



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Frequently Asked Questions

What neighborhood is 24 Cedar Street located in?
The 24 Cedar Street is a located in the neighborhood of New Bedford in New Bedford, New Bedford.
What is the average sales price for listings in 24 Cedar Street?
The average sales price for units in 24 Cedar Street is $0 currently.

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