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585 Elm St

New Bedford, MA 02740

3 bd 2 ba 1,154 sqft Built 1888 Lot 2,962 sqft single_family
Most recent sale
$175,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $325,000 MLSPIN
Jul 6, 2022 Listed $320,000 MLS #73007994
Mar 18, 2022 Sold $175,000 MLS #72917109
Mar 3, 2022 Relisted $167,900 MLS #72917109
Nov 6, 2021 Listing removed $167,900 MLSPIN
Nov 5, 2021 Listed $167,900 MLS #72917109

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $271,800 $88,800 $360,600 $4,078
2024 $203,700 $82,400 $286,100 $3,433
2023 $130,700 $69,800 $200,500 $2,865
2022 $101,900 $63,400 $165,300 $2,569
2021 $96,600 $60,200 $156,800 $2,445
2020 $89,500 $60,200 $149,700 $2,419
2019 $84,000 $60,200 $144,200 $2,375
2018 $74,300 $60,200 $134,500 $2,237
2017 $66,100 $58,700 $124,800 $2,083
2016 $61,500 $57,100 $118,600 $1,956
2015 $57,300 $57,100 $114,400 $1,800
2013 $51,800 $67,900 $119,700 $1,715
2006 $73,900 $67,000 $140,900 $1,532
2005 $65,100 $75,300 $140,400 $1,596
2004 $50,100 $75,300 $125,400 $1,551
2003 $48,100 $41,700 $89,800 $1,316

Property facts

Year built
1888
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,154 sqft
Lot size
2,962 sqft
ZIP code
02740
City
New Bedford
Street
Elm St
Coordinates
41.63429, -70.94679

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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 585 Elm St last sell?
585 Elm St most recently sold on Mar 18, 2022 for $175,000.
What is the current tax assessment for 585 Elm St?
The most recent total assessment for 585 Elm St (year 2025) is $360,600 with $4,078 in property tax.
How does 585 Elm St's assessment compare to its last sale price?
The current assessment is 106.1% above the last sale price of $175,000.
When was 585 Elm St built?
585 Elm St was built in 1888.
How does 585 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 585 Elm St?
585 Elm St is a 3 bed, 2 bath, 1,154 sqft, 2,962 sqft lot single_family.
Is 585 Elm St a flip candidate?
Yes — 585 Elm St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 585 Elm St a tax-appeal candidate?
No — 585 Elm 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

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