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575 Lantern Ln

New Bedford, MA 02740

3 bd 1 ba 1,220 sqft Built 1987 Lot 8,259 sqft single_family
Most recent sale
$402,000
Mar 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2022 Sold $402,000 MLS #72926191
Dec 9, 2021 Listed $395,000 MLS #1299906
Dec 8, 2021 Listed $395,000 MLS #72926191
Nov 17, 1988 Sold $152,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $291,400 $125,300 $416,700 $4,713
2024 $263,800 $123,300 $387,100 $4,645
2023 $216,100 $106,300 $322,400 $4,607
2022 $179,200 $101,100 $280,300 $4,356
2021 $165,900 $101,100 $267,000 $4,163
2020 $152,500 $101,100 $253,600 $4,098
2019 $143,800 $101,100 $244,900 $4,034
2018 $133,300 $109,200 $242,500 $4,033
2017 $121,800 $107,100 $228,900 $3,820
2016 $114,600 $105,100 $219,700 $3,623
2015 $109,400 $105,100 $214,500 $3,374
2013 $105,400 $122,100 $227,500 $3,260
2006 $134,000 $96,100 $230,100 $2,501
2005 $110,300 $94,300 $204,600 $2,326
2004 $83,800 $80,100 $163,900 $2,027
2003 $82,000 $84,800 $166,800 $2,445

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,220 sqft
Lot size
8,259 sqft
ZIP code
02740
City
New Bedford
Street
Lantern Ln
Coordinates
41.65019, -70.95889

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,538
Gross rental yield
10.56%
Implied cap rate
6.86%
Trend-extrapolated value

Frequently asked questions

When did 575 Lantern Ln last sell?
575 Lantern Ln most recently sold on Mar 1, 2022 for $402,000.
What is the current tax assessment for 575 Lantern Ln?
The most recent total assessment for 575 Lantern Ln (year 2025) is $416,700 with $4,713 in property tax.
How does 575 Lantern Ln's assessment compare to its last sale price?
The current assessment is 3.7% above the last sale price of $402,000.
When was 575 Lantern Ln built?
575 Lantern Ln was built in 1987.
How does 575 Lantern Ln compare to others on Lantern Ln?
We track 3 other properties on Lantern Ln. Browse the list under "Other properties on Lantern Ln" to compare beds, baths, and sale history.
What are the property facts for 575 Lantern Ln?
575 Lantern Ln is a 3 bed, 1 bath, 1,220 sqft, 8,259 sqft lot single_family.
Is 575 Lantern Ln a flip candidate?
No — 575 Lantern Ln does not appear in our flips dataset.
Is 575 Lantern Ln a tax-appeal candidate?
No — 575 Lantern Ln 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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