56 State St
New Bedford, MA 02740
8 bd 3 ba 3,174 sqft Built 1870 Lot 3,733 sqft multi_family
Most recent sale
$382,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 29, 2022 | Sold | $382,000 | MLS #72996887 |
| Jul 8, 2022 | Price changed | $389,000 | MLS #72996887 |
| Jun 13, 2022 | Listed | $400,000 | MLS #72996887 |
| Dec 22, 2014 | Sold | $141,500 | MLS #1076802 |
| Aug 26, 2014 | Price changed | $159,900 | MLS #71714008 |
| Aug 21, 2014 | Listed | $159,900 | MLS #1076802 |
| Jul 15, 2014 | Listed | $165,000 | MLS #71714008 |
| Jul 14, 2014 | Listed | $165,000 | MLS #1073570 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $425,100 | $85,700 | $510,800 | $5,777 |
| 2024 | $294,000 | $73,200 | $367,200 | $4,406 |
| 2023 | $224,600 | $61,300 | $285,900 | $4,086 |
| 2022 | $175,100 | $56,000 | $231,100 | $3,591 |
| 2021 | $175,100 | $56,000 | $231,100 | $3,603 |
| 2020 | $168,900 | $56,000 | $224,900 | $3,634 |
| 2019 | $158,600 | $56,000 | $214,600 | $3,534 |
| 2018 | $145,300 | $56,000 | $201,300 | $3,348 |
| 2017 | $124,500 | $56,000 | $180,500 | $3,013 |
| 2016 | $120,500 | $56,000 | $176,500 | $2,910 |
| 2015 | $116,400 | $56,000 | $172,400 | $2,712 |
| 2013 | $106,000 | $68,300 | $174,300 | $2,498 |
| 2006 | $164,400 | $67,600 | $232,000 | $2,522 |
| 2005 | $140,600 | $67,600 | $208,200 | $2,367 |
| 2004 | $109,700 | $67,600 | $177,300 | $2,193 |
| 2003 | $81,000 | $40,000 | $121,000 | $1,774 |
Property facts
Year built
1870
Property type
multi_family
Stories
3
Beds
8
Baths
3
Living area
3,174 sqft
Lot size
3,733 sqft
ZIP code
02740
City
New Bedford
Street
State St
Coordinates
41.64084, -70.92918
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
$2,292
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 56 State St last sell?
56 State St most recently sold on Aug 29, 2022 for $382,000.
What is the current tax assessment for 56 State St?
The most recent total assessment for 56 State St (year 2025) is $510,800 with $5,777 in property tax.
How does 56 State St's assessment compare to its last sale price?
The current assessment is 33.7% above the last sale price of $382,000.
When was 56 State St built?
56 State St was built in 1870.
How does 56 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 56 State St?
56 State St is a 8 bed, 3 bath, 3,174 sqft, 3,733 sqft lot multi_family.
Is 56 State St a flip candidate?
No — 56 State St does not appear in our flips dataset.
Is 56 State St a tax-appeal candidate?
Yes — 56 State 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
+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 State St