56 Locust St
New Bedford, MA 02740
6 bd 3 ba 3,043 sqft Built 1897 Lot 3,925 sqft multi_family
Most recent sale
$560,000
Apr 10, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 10, 2024 | Sold | $560,000 | MLSPIN |
| Mar 11, 2024 | Listed | $525,000 | MLSPIN |
| Jan 3, 2003 | Sold | $140,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $400,400 | $93,200 | $493,600 | $5,583 |
| 2024 | $335,300 | $86,500 | $421,800 | $5,062 |
| 2023 | $261,000 | $73,200 | $334,200 | $4,776 |
| 2022 | $202,700 | $66,600 | $269,300 | $4,185 |
| 2021 | $202,700 | $63,200 | $265,900 | $4,145 |
| 2020 | $182,500 | $63,200 | $245,700 | $3,971 |
| 2019 | $171,500 | $63,200 | $234,700 | $3,866 |
| 2018 | $153,900 | $63,200 | $217,100 | $3,610 |
| 2017 | $121,200 | $61,600 | $182,800 | $3,051 |
| 2016 | $116,500 | $59,900 | $176,400 | $2,909 |
| 2015 | $110,100 | $59,900 | $170,000 | $2,674 |
| 2013 | $114,600 | $70,900 | $185,500 | $2,658 |
| 2006 | $143,100 | $65,000 | $208,100 | $2,262 |
| 2005 | $102,200 | $68,300 | $170,500 | $1,939 |
| 2004 | $77,000 | $68,300 | $145,300 | $1,797 |
| 2003 | $73,000 | $40,700 | $113,700 | $1,667 |
Property facts
Year built
1897
Property type
multi_family
Stories
3
Beds
6
Baths
3
Living area
3,043 sqft
Lot size
3,925 sqft
ZIP code
02740
City
New Bedford
Street
Locust St
Coordinates
41.64504, -70.93467
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
$3,360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 56 Locust St last sell?
56 Locust St most recently sold on Apr 10, 2024 for $560,000.
What is the current tax assessment for 56 Locust St?
The most recent total assessment for 56 Locust St (year 2025) is $493,600 with $5,583 in property tax.
How does 56 Locust St's assessment compare to its last sale price?
The current assessment is 11.9% below the last sale price of $560,000.
When was 56 Locust St built?
56 Locust St was built in 1897.
How does 56 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 56 Locust St?
56 Locust St is a 6 bed, 3 bath, 3,043 sqft, 3,925 sqft lot multi_family.
Is 56 Locust St a flip candidate?
No — 56 Locust St does not appear in our flips dataset.
Is 56 Locust St a tax-appeal candidate?
No — 56 Locust St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.3%
2026 Q2
$485.6K
2026 Q3
$494.5K
ZIP 02740 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust St