NOT LISTED FOR SALE
7 Beds
4 Baths
4,100 Sq Ft
0.28 Acres

Last Sold October 04, 2019

Last sale price $500,000 $122 Per Sq Ft

102 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Victorian Architecture
  • Main Street School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of October 2019

This grand Victorian is in an unbeatable and exclusive location right on the College Green. Converted into 4 unique rental units, each unit has its own porch or balcony space, one even has views of Camel’s Hump. Keep all of the units rented out for maximum income or easily convert back into a single family home and enjoy the Tiger oak woodwork, wrap-around front porch, and garden space all to yourself. Better yet, live in whatever space makes sense and rent out the rest! Investment and living options abound. This historic home is a Montpelier must-have with tremendous possibilities. List Agent is related to sellers.

Last Agent to Sell the Property

Hannah Dawson

The Real Estate Collaborative License #081.0134035 Listed on: 06/03/2019

Last Buyer's Agent

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway

Parking

  • 4 Car Parking Spaces
  • Stone Driveway
  • Dirt Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Union Elementary School
  • Main Street Middle School
  • Montpelier High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $24,229
  • Gross Income $62,640
  • Net Operating Income $35,279

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.28 Acres

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Victorian
  • Directions: From Montpelier, go up East State Street. House will be on the left hand side across from the College Green.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 121.95
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5273
  • Sq Ft - Apx Total Finished: 4100
  • Year Built: 1900
  • List Agent: 281256
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Full, Stairs - Exterior, Unfinished
  • Sq Ft - Apx Finished AG: 4100
  • Sq Ft - Apx Unfinished BG: 1173

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Dirt
  • Exterior: Clapboard, Wood
  • Foundation: Brick, Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Deck, Garden Space, Porch - Covered

Garage/Parking

  • Parking: Assigned, Off Street, Parking Spaces 4

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Irving Oil
  • Sewer: Public Sewer On-Site
  • Water: Public Water - At Street, Public Water - On-Site
  • Water Heater: Gas - LP/Bottle, Owned
  • Heating Fuel: Oil
  • Heating: Forced Air, Hot Air
  • Electric Company: GMP
  • Trash: Cans
  • Utilities: Cable - Available, Dsl - Available, High Speed Intrnt -Avail, Telephone Available

Condo/Co-op/Association

  • Restrictions: Smoking - No
  • Management Company: Owner

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Union Elementary School
  • High School: Montpelier High School

Lot Info

  • Lot Sq Ft: 12358
  • Lot Acres: 0.2837
  • Lot Description: City Lot, Curbing, Level, Sloping, Wooded
  • Surveyed: Yes
  • Surveyed By: Richard W. Bell Land Surveying
  • Zoning: Resd1
  • Deed Book: 455
  • Deed Page: 41-42
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 62640
  • Net Income: 35279
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: *106-108
  • Tax Gross Amount: 18105
  • Tax Year: 2018

MLS Schools

  • School District: Montpelier School District
  • School Middle Jr: Main Street Middle School
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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
10/04/2019 10/04/19 Sold $500,000 -12.1% $122 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $568,575 -5.0% $139 / Sq Ft
07/08/2019 07/08/19 Price Changed $598,500 -6.3% $146 / Sq Ft
06/03/2019 06/03/19 For Sale $639,000 -- $156 / Sq Ft
Source: PrimeMLS

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 $9,394 $578,200 $98,300 $479,900
2023 $7,073 $578,200 $98,300 $479,900
2022 $11,946 $388,500 $58,500 $330,000
2021 $12,003 $388,500 $58,500 $330,000
2020 $11,859 $388,500 $58,500 $330,000
2019 $18,230 $627,200 $65,400 $561,800
2018 $17,541 $627,200 $65,400 $561,800
2017 $17,135 $627,200 $65,400 $561,800
2016 $0 $627,200 $65,400 $561,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4755809

PrimeMLS
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