NOT LISTED FOR SALE

102 Heritage Ln Colchester, VT 05446

Estimated Value: $585,000 - $642,000

5 Beds
3 Baths
1,554 Sq Ft
$391/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $389,900 $251 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,806/month

230 Days on Market

Highlights

  • 1.93 Acre Lot
  • Deck
  • Carpet
  • Colchester High School Rated 9+
  • 2 Car Attached Garage

About This Home

As of April 2019

Three unit apartment building in excellent Colchester location directly across from Heritage Park, offering Tennis / Basketball Courts, and Playground. Property offers (2) two bedroom units and (1) 1 bedroom in great shape. Large yard, plenty of off street parking w/ 2 car garage. Common coin laundry area, separate utilities. Natural gas heat. Current rental income is below market rents.

Last Agent to Sell the Property

Paul Cannizzaro

Cannizzaro Real Estate License #081.0083839 Listed on: 07/31/2018

Last Buyer's Agent

Julie Lamoreaux

Coldwell Banker Hickok and Boardman License #082.0007339

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,053

Year Built

  • Built in 1976

Lot Details

  • 1.93 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Masonite

Interior Spaces

  • 3 Full Bathrooms
  • 1.5-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater Leased
  • Septic Tank

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $37,980

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,053

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Take Main Street from Rte 2 by Claussens Greenhouse. Heritage Lane is third left (right after Village Drive). Property on right across from park.
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 250.9
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2029
  • Sq Ft - Apx Total Finished: 2029
  • Property Type: Multi-Family
  • Year Built: 1976
  • Remarks Public: Three unit apartment building in excellent Colchester location directly across from Heritage Park, offering Tennis / Basketball Courts, and Playground. Property offers (2) two bedroom units and (1) 1 bedroom in great shape. Large yard, plenty of off street parking w/ 2 car garage. Common coin laundry area, separate utilities. Natural gas heat. Current rental income is below market rents.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments
  • Sq Ft - Apx Finished AG: 1554
  • Sq Ft - Apx Finished BG: 475

Exterior Features

  • Driveway: Paved
  • Exterior: Masonite
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Deck

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric, Owned, Rented
  • Heating Fuel: Gas - Natural
  • Heating: Direct Vent, Hot Air, Monitor Type
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 4
  • Trash: Owner

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Colchester School District

Lot Info

  • Map: 25-09402-3
  • Lot Sq Ft: 84071
  • Lot Acres: 1.93
  • Surveyed: Yes
  • Surveyed By: Joe Flynn
  • Zoning: R3
  • Deed Book: 746
  • Deed Page: 294
  • Deed Recorded Type: Trust

Multi Family

  • Gross Income: 37980
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 6053
  • Tax Year: 2018

MLS Schools

  • School District: Colchester School District

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $389,900 0.0% $251 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $389,900 0.0% $251 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
12/29/2018 12/29/18 Price Changed $389,900 -2.5% $251 / Sq Ft
08/31/2018 08/31/18 Price Changed $399,900 -5.9% $257 / Sq Ft
07/31/2018 07/31/18 For Sale $425,000 -- $273 / Sq Ft
Source: PrimeMLS

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
2024 $7,374 $0 $0 $0
2023 $6,786 $0 $0 $0
2022 $6,506 $0 $0 $0
2021 $6,578 $0 $0 $0
2020 $6,420 $0 $0 $0
2019 $6,194 $0 $0 $0
2018 $6,031 $0 $0 $0
2017 $5,773 $270,200 $0 $0
2016 $5,740 $270,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Cannizzaro

    Seller's Agent in 2019

    Paul Cannizzaro

    Cannizzaro Real Estate

    (802) 238-2010

    7 in this area

    57 Total Sales

    Paul Cannizzaro
    Section Image
  • Julie Lamoreaux

    Buyer's Agent in 2019

    Julie Lamoreaux

    Coldwell Banker Hickok and Boardman

    (802) 578-7113

    8 in this area

    193 Total Sales

    Julie Lamoreaux
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4709905

PrimeMLS

APN: (048) 25-0940230000000

Vermont Chittenden County Colchester 05446

102 Heritage Ln, Colchester, VT

This home is located at 102 Heritage Ln, Colchester, VT 05446 since 31 July 2018 and is currently estimated at $608,350, approximately $391 per square foot. This property was built in 1976. 102 Heritage Ln is a home located in Chittenden County with nearby schools including Union Memorial School, Malletts Bay School, and Colchester Middle School.

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