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55 Bank St

New Bedford, MA 02740

3 bd 2 ba 1,336 sqft Built 1916 Lot 9,557 sqft single_family
Most recent sale
$420,000
Mar 25, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2024 Sold $420,000 MLSPIN
Jan 31, 2024 Listed $399,900 MLSPIN
Jul 15, 2020 Sold $305,000 MLSPIN
May 5, 2020 Listed $304,900 MLSPIN
Nov 24, 2015 Sold $228,000 MLSPIN
Oct 13, 2015 Listed $229,900 MLSPIN
Oct 19, 2006 Listing removed $339,900 MLSPIN
Apr 25, 2006 Listed $339,900 MLSPIN
May 28, 1996 Sold $80,000 Public Record
Dec 15, 1993 Sold $81,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $310,700 $127,700 $438,400 $4,958
2024 $257,900 $129,800 $387,700 $4,652
2023 $234,300 $112,000 $346,300 $4,949
2022 $183,100 $106,400 $289,500 $4,499
2021 $170,900 $106,400 $277,300 $4,323
2020 $154,900 $106,400 $261,300 $4,223
2019 $142,100 $106,400 $248,500 $4,093
2018 $123,900 $106,400 $230,300 $3,830
2017 $115,600 $106,400 $222,000 $3,705
2016 $111,400 $106,400 $217,800 $3,592
2015 $109,200 $106,400 $215,600 $3,391
2013 $104,000 $125,500 $229,500 $3,289
2006 $115,000 $123,800 $238,800 $2,596
2005 $77,600 $123,800 $201,400 $2,290
2004 $54,900 $123,800 $178,700 $2,211
2003 $56,300 $81,700 $138,000 $2,023

Property facts

Year built
1916
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,336 sqft
Lot size
9,557 sqft
ZIP code
02740
City
New Bedford
Street
Bank St
Coordinates
41.61820, -70.94134

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,874
Gross rental yield
11.07%
Implied cap rate
7.19%
Trend-extrapolated value

Frequently asked questions

When did 55 Bank St last sell?
55 Bank St most recently sold on Mar 25, 2024 for $420,000.
What is the current tax assessment for 55 Bank St?
The most recent total assessment for 55 Bank St (year 2025) is $438,400 with $4,958 in property tax.
How does 55 Bank St's assessment compare to its last sale price?
The current assessment is 4.4% above the last sale price of $420,000.
When was 55 Bank St built?
55 Bank St was built in 1916.
How does 55 Bank St compare to others on Bank St?
We track 2 other properties on Bank St. Browse the list under "Other properties on Bank St" to compare beds, baths, and sale history.
What are the property facts for 55 Bank St?
55 Bank St is a 3 bed, 2 bath, 1,336 sqft, 9,557 sqft lot single_family.
Is 55 Bank St a flip candidate?
No — 55 Bank St does not appear in our flips dataset.
Is 55 Bank St a tax-appeal candidate?
No — 55 Bank St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.3%
2026 Q2
$485.6K
2026 Q3
$494.5K
ZIP 02740 — Median Price History + Forecast

Explore nearby

Other properties on Bank St