501 2nd St
New Bedford, MA 02744
6 bd 3 ba 2,461 sqft Built 1887 Lot 3,507 sqft multi_family
Most recent sale
$315,000
Feb 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 7, 2022 | Sold | $315,000 | MLS #72923289 |
| Dec 18, 2021 | Relisted | $309,900 | MLS #72923289 |
| Dec 13, 2021 | Listing removed | $309,900 | MLSPIN |
| Nov 29, 2021 | Listed | $309,900 | MLS #72923289 |
| May 14, 2021 | Sold | $270,000 | MLS #72801839 |
| Mar 22, 2021 | Listed | $235,000 | MLS #72801839 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $338,700 | $78,200 | $416,900 | $4,715 |
| 2024 | $265,100 | $73,300 | $338,400 | $4,061 |
| 2023 | $189,400 | $62,600 | $252,000 | $3,601 |
| 2022 | $147,900 | $57,000 | $204,900 | $3,184 |
| 2021 | $142,900 | $57,000 | $199,900 | $3,116 |
| 2020 | $133,600 | $53,800 | $187,400 | $3,028 |
| 2019 | $107,300 | $53,800 | $161,100 | $2,653 |
| 2018 | $98,800 | $53,800 | $152,600 | $2,538 |
| 2017 | $88,100 | $53,800 | $141,900 | $2,368 |
| 2016 | $84,600 | $55,400 | $140,000 | $2,309 |
| 2015 | $81,900 | $57,000 | $138,900 | $2,185 |
| 2013 | $83,800 | $69,600 | $153,400 | $2,198 |
| 2006 | $125,400 | $55,900 | $181,300 | $1,971 |
| 2005 | $106,800 | $59,000 | $165,800 | $1,885 |
| 2004 | $58,800 | $59,000 | $117,800 | $1,457 |
| 2003 | $47,900 | $26,100 | $74,000 | $1,085 |
Property facts
Year built
1887
Property type
multi_family
Stories
3
Beds
6
Baths
3
Living area
2,461 sqft
Lot size
3,507 sqft
ZIP code
02744
City
New Bedford
Street
2nd St
Coordinates
41.61985, -70.92192
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,890
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 2nd St last sell?
501 2nd St most recently sold on Feb 7, 2022 for $315,000.
What is the current tax assessment for 501 2nd St?
The most recent total assessment for 501 2nd St (year 2025) is $416,900 with $4,715 in property tax.
How does 501 2nd St's assessment compare to its last sale price?
The current assessment is 32.3% above the last sale price of $315,000.
When was 501 2nd St built?
501 2nd St was built in 1887.
How does 501 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 501 2nd St?
501 2nd St is a 6 bed, 3 bath, 2,461 sqft, 3,507 sqft lot multi_family.
Is 501 2nd St a flip candidate?
No — 501 2nd St does not appear in our flips dataset.
Is 501 2nd St a tax-appeal candidate?
Yes — 501 2nd St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$533K
2026 Q4
$541.9K
ZIP 02744 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St