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Single Family ResidenceResidential
$376,030$378 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $221,000 on Jul 29, 2005

242 RICHMOND ST

NEW BEDFORD, MA 02740
2
Beds
1
Baths
995 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$376K
$363K low$389K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$221,000 · Jul 29, 2005
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$112,030
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$89,624
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.70%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$211,200
DECISION ONE MORTGAGE · recorded Mar 8, 2007
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$52,800
DECISION ONE MORTGAGE

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,693 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$326,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$107,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$218,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$288,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$316,635

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyBRISTOL
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Carlos Pacheco Elementary SchoolB-
Elementary · Grades PK–5 · 0.4 mi
H
New Bedford High SchoolF
High · Grades 9–12 · 0.6 mi
M
Keith Middle SchoolD+
Middle · Grades 6–8 · 0.6 mi

District: New Bedford School District

Neighborhood · ZIP 02740These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.140
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.61

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.46,465
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7,186 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$54,542
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$71,876
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.50 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 Richmond St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 88% of homes in Bristol County
  • Costs more per square foot than 84% of homes in New Bedford 02740
  • Smaller than 92% of homes in New Bedford 02740
  • Has a smaller lot than 82% of homes in Bristol County
  • Newer than 83% of homes in New Bedford 02740

What homes are worth in New Bedford 02740

Each bar is how many homes fall in that price range. The marker is this home.

This home
$263K$669K

This home is worth more than 23% of homes in New Bedford 02740.

How it measures up in New Bedford 02740

The dot is this home. The mark in the middle is the typical home in New Bedford 02740.

Estimated value$376,030
CheaperTypical $423,863Pricier

Pricier than 23% of homes nearby

Price per ft²$378
CheaperTypical $302Pricier

Pricier than 84% of homes nearby

Living area995 ft²
SmallerTypical 1,807 ft²Bigger

Bigger than 8% of homes nearby

Lot size0.14 ac
SmallerTypical 0.1 acBigger

Bigger than 73% of homes nearby

Year built1955
OlderTypical 1910Newer

Newer than 83% of homes nearby

How 242 Richmond St ranks against every home in each area.
MeasureThis homeNew Bedford 02740Bristol County
Estimated valuepricier than$376,03023% of homes12% of homes
Price per ft²pricier than$37884% of homes67% of homes
Living areabigger than995 ft²8% of homes9% of homes
Lot sizebigger than0.14 ac73% of homes18% of homes
Year builtnewer than195583% of homes40% of homes

About 242 Richmond St

How much is 242 Richmond St, New Bedford, MA worth?

The TopHap Estimate for 242 Richmond St, New Bedford, MA is $376,030 as of Jul 14, 2026. The likely range is $362,935 to $389,125. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 Richmond St, New Bedford, MA last sell?

242 Richmond St, New Bedford, MA last sold on Jul 29, 2005 for $221,000, according to the county's recorded deed.

How big is 242 Richmond St, New Bedford, MA?

242 Richmond St, New Bedford, MA has 2 bedrooms, 1 bathrooms, 995 square feet of living space and a 0.14-acre lot.

When was 242 Richmond St, New Bedford, MA built?

242 Richmond St, New Bedford, MA was built in 1955, making it 71 years old. It is a ranch home. The building has 1 story.

What schools serve 242 Richmond St, New Bedford, MA?

242 Richmond St, New Bedford, MA is assigned to Carlos Pacheco Elementary School (elementary), rated B-; New Bedford High School (high), rated F; Keith Middle School (middle), rated D+. All sit in New Bedford School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 Richmond St, New Bedford, MA compare to other homes in New Bedford 02740?

Among the 9,709 homes in New Bedford 02740, it is worth more than 23% of them ($376,030 against a typical $423,863), its price per square foot is higher than 84% of them ($378 against a typical $302), it is bigger than 8% of them (995 ft² against a typical 1,807 ft²), its lot is bigger than 73% of them (0.14 ac against a typical 0.1 ac) and it is newer than 83% of them (1955 against a typical 1910). Measured against all of Bristol County, it is worth more than 12% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 Richmond St, New Bedford, MA?

The 2025 property tax bill for 242 Richmond St, New Bedford, MA was $3,693. The county assessed it at $326,500.

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