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391 Summer Street

391 Summer Street, New Bedford, MA 02740
Property in New Bedford
Sold Aug 30, 2017
$175,866
$176,081 by Baycoast Bank
Mortgage Due Aug 30, 2047
Sold Aug 26, 2016
$190,080
Local assessors in New Bedford, MA have categorized 391 Summer Street as a residential type of property. The home was built in 1885 and is 139 years old. The property's lot size has been calculated to be 14,532 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 391 Summer Street has a total of 2,575 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a radiant heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 391 Summer Street sold most recently in Jan 1, 1970 for a total of $175,866. If you work out the math, that's approximately a cost of $68.30 per sqft. Before that, the property was also sold for $190,080 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,170 in taxes each year. 391 Summer Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $430,800. If we break it down further, the land itself was valued at $132,000. Improvements to the property, however, were assessed at a total of $298,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,161
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,532
  • Total Building Area: 2,575
  • Gross Building Area: 4,132
  • Building Area: 2,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 2,575
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.334
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : ANDRADE MELISSA
  • Current Owner 2: BLIER THOMAS
  • Previous Owner : DEPARTMENT OF HOUSING & URBAN DEV
  • Owner Before Previous Owner: VOISINE ROBERT D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Bedford School District
  • Census Tract: 651100

Zoning

  • Zoning: RB

Geography

  • Account Number: 12123
  • Parcel: NEWB M:0077 L:0162
  • Lot: 162
  • Municipality: NEW BEDFORD
  • Latitude: 41.6489
  • Longitude: -70.9346

    Address

  • Full Address: 391 Summer St
  • Address - House Number: 391
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: New Bedford
  • Carrier Code: C039
  • 4-Digit Zip Code: 5524
  • Zip Code: 02740

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,170

    Appraisal Valuation

  • Standard Deviation: 0.2331
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 53
  • Final Value: 445,960
  • High Value: 549,954
  • Low Value: 341,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,081
  • First Open Lien Mortgage Lender: BAYCOAST BANK
  • First Open Lien Mortgage Recording Date: Aug 30, 2017
  • First Open Lien Mortgage Loan Amount: $176,081
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 30, 2047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $430,800
  • Assessed Land Value: $132,000
  • Assessed Improvements Value: $298,800

    Sales

  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Transaction ID: 1733317527
  • Current Sale Price: $175,866
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20579
  • Previous Sale Recording Date: Aug 26, 2016
  • Previous Sale Amount: $190,080
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: BAYCOAST BANK
  • First Mortgage Transaction Date: Aug 30, 2017
  • First Mortgage Loan Amount: $176,081
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 30, 2047

About New Bedford



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Frequently Asked Questions

What neighborhood is 391 Summer Street located in?
The 391 Summer Street is a located in the neighborhood of New Bedford in New Bedford, New Bedford.
What is the average sales price for listings in 391 Summer Street?
The average sales price for units in 391 Summer Street is $0 currently.

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