NOT LISTED FOR SALE

38-40 Eliot Rd Bedford, MA 01730

Estimated Value: $724,286 - $854,000

5 Beds
2 Baths
1,592 Sq Ft
$513/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $585,000 $367 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,221/month

21 Days on Market

About This Home

As of September 2018

Unique Property and an Incredible Two Family Home. One of the Best ways to Build Wealth as a first time home buyer. This Absolutely Adorable home is on a Dead End Street next to the neighborhood park and basketball court. The larger unit in this home has a remodeled kitchen, and a bonus Sunroom that has a beamed and vaulted ceiling. Incredible storage with a full unfinished basement for both units. Private backyard with gorgeous Perennial Gardens, serene Fish Pond, stone wall, and yard is surrounded by mature trees. Tucked back in the neighborhood with a convenient location in town very close to Minuteman Bike Path... minutes to 95/128, shopping, restaurants, Lexington and Bedford Centers.

Last Agent to Sell the Property

Debbie Spencer

Keller Williams Realty Boston Northwest Listed on: 07/10/2018

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Suzanne Koller

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,650

Year Built

  • Built in 1955

Lot Details

  • Year Round Access
  • Stone Wall

Additional Features

  • Rain Gutters
  • Water Holding Tank
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,650

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 375.63
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1955
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Total Flrs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: BB3298
  • Main So: BB3298
  • Estimated Sq Ft: 1592.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Gutters, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: MWRA
  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Public School

Schools

  • Elementary School: Davis/Lane
  • Middle School: John Glenn
  • High School: Bedford High

Lot Info

  • Assessments: 405000.00
  • Acre: 0.22
  • Lot Size: 9583.00
  • Page: 564
  • Zoning: Res C
  • Lot Description: Corner, Paved Drive, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3300
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 5565.00
  • Assessor Parcel Number: 354234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 7, 2018
Sold by
Mack Kevin V and Mack Terri L
Bought by
Yajnik Shriman V and Yajnik Anitha R
Seller's Agent
Debbie Spencer
Keller Williams Realty Boston Northwest
Buyer's Agent
Suzanne Koller
Compass
List Price
$598,000
Sold Price
$585,000
Premium/Discount to List
-$13,000
-2.17%
Total Days on Market
21
Current Estimated Value
$816,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,322
Avg. Annual Appreciation
5.06%
Original Mortgage
$409,500
Outstanding Balance
$262,974
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$553,348
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yajnik Shriman V $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yajnik Shriman V $409,500
Previous Owner Mack Kevin $280,000
Previous Owner Mack Kevin $208,000
Previous Owner Mack Kevin $15,000
Previous Owner Mack Kevin $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $585,000 -2.2% $367 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $598,000 0.0% $376 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $598,000 -- $376 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,650 $635,400 $375,200 $260,200
2024 $7,189 $605,100 $357,300 $247,800
2023 $7,114 $570,000 $333,500 $236,500
2022 $7,043 $518,600 $309,700 $208,900
2021 $6,802 $502,700 $293,800 $208,900
2020 $6,532 $495,600 $293,800 $201,800
2019 $5,534 $427,000 $293,800 $133,200
2018 $5,565 $405,000 $286,200 $118,800
2017 $5,746 $388,000 $262,000 $126,000
2016 $5,565 $364,200 $238,200 $126,000
2015 $5,325 $364,200 $238,200 $126,000
2014 $5,378 $342,300 $206,500 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72359551

MLS Property Information Network (MLS PIN)

APN: BEDF-000084-000000-000036