new - 14 hours on rocket

629 Purchase St, New Bedford, MA, 02740

$680,000

Home List Price

$8,075*

Closing Credit

7 Bedrooms
6 Full Baths
5,765 SqFt
$118/SqFt
Multi

Location

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629 Purchase St, New Bedford$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1922
BasementYes
WaterfrontBeach, Bay, Ocean Front
ViewCity
MLS #73313350
Lot Size0.13 Acres
StatusActive
(New)

About 629 Purchase St

Property is mixed use (2 buildings on 1 Lot) w/ a 5 family residence & a stand alone loft building currently permitted for residential use. Property also being offered at 6 figure discount if purchased with 65 Hillman St. Together, 11 rental incomes for sale at $1.22mm, comprised of 4 buildings: 65 Hillman Street & detached garage, 629 (5 units) & 623 (stand alone unit) Purchase St. (includes coin-op laundry). Tenants pay all of their own utilities. Many upgrades including newer architectural & rubber membrane roofs, high efficiency mini-splits (all Purchase St. units), replacement windows, circuit breakers, rehabbed interiors, new oil tank. Letter of Full Initial Lead Inspection Compliance for 65 Hillman St. 3rd floor apartment & common areas in hand. Properties feature desirable downtown locations close to restaurants, shops, museums & MBTA station. All public utilities, all units fully applianced, separated electrical services, fully fenced private yards. Please see other listings.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Living Area: 5,765 SqFt

Listing Office:

  • Office Name: Better Living Real Estate, LLC
  • Office Phone: (781) 821-0105
  • Listing Agent: Nick Helgesen

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Beach, Bay, Ocean Front
  • View: City
  • Exterior: Rain Gutters, Garden

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000
  • Price Per SqFt: $118/SqFt
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Housing Market Comparison

See how this home compares to others in New Bedford, MA.

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New Bedford, MA

City

Med. Sold Price

$441K

Med. Price/SqFt

$239

Avg. Days On Market

36

# of Sold Homes

49

629 Purchase St vs New Bedford

1 DAY ON ROCKET

-35 Days

$680,000

+$238.9K More

$118/SqFt

-$121 Less

KEY TAKEAWAY

This property is $238.9K more than the Median Sold Price and $121/SqFt less than other homes in New Bedford, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73313350

Listing Office:

  • Office Name: Better Living Real Estate, LLC
  • Office Phone: (781) 821-0105
  • Listing Agent: Nick Helgesen

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 11, 2008Home Sold
$250,000
Aug 11, 2006Home Sold
$270,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $270,700
2020 - $293,000
2019 - $241,200
2018 - $234,200
2017 - $226,600

History based on county public records data.

Payment Calculator

$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-372465
3
/10

  • Sgt. William Carney Memorial Academy Elementary School

  • 247 Elm St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-372466
4
/10

  • Alfred J. Gomes Elementary School

  • 286 S 2nd St

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-372467
1
/10

  • Renaissance Community Innovation School

  • 286 S 2nd St

  • 0.48 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,363. The majority of New Bedford, MA residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In New Bedford, MA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in New Bedford, MA.

New Bedford's housing market is diverse, offering a mix of architectural styles that reflect its rich history and cultural heritage. The area is known for its charming colonial and Victorian homes, as well as more contemporary designs. A significant portion of the housing stock dates back to the early 20th century, giving the city a historic feel. The market is balanced with a mix of homeownership and rental opportunities, accommodating a variety of preferences and budgets.

What is it like to live in New Bedford, MA?

New Bedford prides itself on its vibrant maritime history and cultural scene. The community's character is deeply intertwined with the fishing industry, and the city is celebrated for its annual Working Waterfront Festival. Residents enjoy a blend of urban amenities and seaside charm, with the presence of art galleries, museums, and the New Bedford Whaling National Historical Park contributing to the city's unique identity.

Is it easy to get around New Bedford, MA without a car?

The city of New Bedford provides a range of essential services to its residents. The educational system includes several public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that offers a variety of services. The public library system is robust, supporting lifelong learning and community engagement. Retail and dining establishments reflect the local culture, with an emphasis on seafood and regional cuisine.

Transportation in New Bedford, MA.

Transportation in New Bedford is facilitated by a network of roads and highways, including Interstate 195, which connects the city to the rest of the state and beyond. Public transit options are available, with bus services providing connectivity within the city and to neighboring areas. The city is moderately walkable, particularly in the downtown area, which is also bike-friendly. Ride-sharing services are present, offering an alternative mode of transportation for residents and visitors.

Rocket Homes›Massachusetts›Bristol County›New Bedford›02740›629 Purchase St

This home is located at 629 Purchase St in New Bedford, MA and zip code 02740. This 5,765 square foot home, which was built in 1922, sits on a 0.13 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $680,000.

While more than 27 listings in New Bedford, MA in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 18 were sold below. The number of homes for sale in New Bedford, MA increased by 1.9% between September 2024 and October 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $441,040 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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