NOT LISTED FOR SALE

56 South Rd Unit 58 Bedford, MA 01730

Estimated Value: $986,000 - $1,474,421

4 Beds
5 Baths
4,039 Sq Ft
$292/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $635,000 $157 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,422/month

79 Days on Market

About This Home

As of February 2016

Do not miss this rare opportunity to purchase a three-family residence near the center of town in Bedford. This 4039-sq-ft property, built in 1761, is on a large, 0.5-acre (21780 sq-ft) lot., just a short walk from shops, restaurants and the town common.   It has 4 bedrooms, 4.5 bathrooms and many beautifully updated areas throughout.  Rooms are spacious and sun-filled.  There are several bonus rooms that could be turned into additional bedrooms, and a first-floor in-law apartment offers great flexibility for families.Just some of the updates include (in some areas) refinished hardwood flooring, recessed and modern lighting and fresh paint on the exterior and interior. There is a two-car garage with substantial storage space above.The units are each unique, loaded with charm and the home has exceptional curb appeal. Overall, the property has been well-maintained. There is opportunity to further modernize, move right in, or rent some or all units, based upon the new owner's preference.

Last Agent to Sell the Property

Rafal Borawski

Cameron Real Estate Group Listed on: 07/30/2015

Cameron Real Estate Group

Last Buyer's Agent

The Zur Attias Team

The Attias Group, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$128

Year Built

1761

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1761

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park
  • Electric: 220 Volts
  • Flooring: Wood
  • Basement: Crawl

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: b

Multi Family

  • Foundation: 99999
  • Common Room: Office/Den
  • Total Bedrooms: 4
  • Total Floors: 5
  • Total Full Baths: 5
  • Total Levels: 2
  • Total Rms: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Arsenault Michael G and Arsenault Karen E
Bought by
Arsenault Ft
Current Estimated Value
$1,178,855

Purchase Details

Listed on
Jul 30, 2015
Closed on
Feb 4, 2016
Sold by
Knecht Dzidra J
Bought by
Arsenault Michael G and Arsenault Karen E
Seller's Agent
Rafal Borawski
Cameron Real Estate Group
Buyer's Agent
The Zur Attias Team
The Attias Group, LLC
List Price
$749,000
Sold Price
$635,000
Premium/Discount to List
-$114,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$546,000
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2015
Sold by
Est Knecht David J and Knecht Frederick J
Bought by
Knecht Dzidra J

Purchase Details

Closed on
Sep 29, 1971
Bought by
Knecht Dzidra J
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
Arsenault Ft -- None Available
Arsenault Ft -- None Available
Arsenault Michael G $619,125 --
Arsenault Michael G $619,125 --
Knecht Dzidra J -- --
Knecht Dzidra J -- --
Knecht Dzidra J $46,000 --
Knecht Dzidra J $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arsenault Karen $584,000
Previous Owner Arsenault Michael $95,455
Previous Owner Arsenault Michael G $522,500
Previous Owner Arsenault Michael G $546,000
Previous Owner Knecht Dzidra J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $635,000 -15.2% $157 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $749,000 -- $185 / 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 $128 $1,066,200 $524,900 $541,300
2024 $11,419 $961,200 $499,900 $461,300
2023 $11,383 $912,100 $473,600 $438,500
2022 $11,683 $860,300 $473,600 $386,700
2021 $11,640 $860,300 $473,600 $386,700
2020 $10,874 $825,000 $450,800 $374,200
2019 $10,045 $775,100 $450,800 $324,300
2018 $8,697 $633,000 $393,300 $239,700
2017 $9,899 $668,400 $405,200 $263,200
2016 $8,175 $535,004 $368,300 $166,704
2015 $7,822 $535,004 $368,300 $166,704
2014 $8,315 $529,300 $350,800 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71881318

MLS Property Information Network (MLS PIN)

APN: BEDF-000054-000000-000138