NOT LISTED FOR SALE
10 Beds
11 Baths
4,377 Sq Ft
56 Acres

Last Sold January 31, 2020

Last sale price $860,000 $196 Per Sq Ft

118 Days on Market

Highlights

  • Barn
  • 56 Acre Lot
  • Softwood Flooring
  • Main Street School Rated A-
  • Wooded Lot
  • Victorian Architecture

About This Home

As of January 2020

With 11 residential rental units in two structures plus an old barn and 56+/- acres in Montpelier. This property has frontage on Northfield Street, at the end of Pleasant Street and also on Hill Street. The current driveway access from Northfield Street includes a right-of-way across the front of 92 Northfield Street. The neighbors at 92 Northfield Street in-turn have right-of-way access across this property to access their residence. A right-of-way access is 50’ wide through the Gould apartments property along with southern border of this property. The property includes lovely old high meadow. The front 3+/- acre portion which includes the apartment buildings and barn are within the Design Review District and is zoned Residential 9000. The majority of this property is Zoned Rural.

Last Agent to Sell the Property

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388 Listed on: 08/07/2019

Last Buyer's Agent

Ray Mikus

Green Light Real Estate License #081.0078511

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,384

Year Built

  • Built in 1900

Lot Details

  • 56 Acre Lot
  • Lot Sloped Up
  • Wooded Lot

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Shake Siding

Interior Spaces

  • 11 Full Bathrooms
  • 4,377 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Carpet
  • Ceramic Tile
  • Vinyl

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry

Parking

  • 1,120 Car Parking Spaces
  • Stone Driveway
  • Unpaved Parking
  • Paved Parking
  • On-Site Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • 100 Amp Service
  • Propane
  • Separate Water Meter
  • Water Heater Leased
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Barn

Community Details

Recreation

  • Hiking Trails
  • Snow Removal

Building Details

  • 8 Separate Gas Meters
  • Operating Expense $54,008
  • Gross Income $137,196
  • Net Operating Income $83,187

Additional Features

  • 11 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,384

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Victorian
  • Directions: Follow Route 12 (Northfield Street) south to drive on Left before Colonial Drive. Proceed up driveway to #102 & #110 at top.
  • Assessment Amount: 662600
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 196.48
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6377
  • Sq Ft - Apx Total Finished: 4377
  • Year Built: 1900
  • List Agent: 21353
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Carpet, Hardwood, Softwood, Tile, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Partially Finished, Stairs - Interior, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 4377
  • Sq Ft - Apx Unfinished BG: 2000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Paved, Right-Of-Way (ROW)
  • Exterior: Clapboard, Shake
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle
  • Features Exterior: Barn, Porch - Covered

Garage/Parking

  • Parking: On-Site, Parking Spaces 11 - 20, Unpaved

Utilities

  • Cable Company: Xfinity
  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Irving
  • Sewer: Metered, Public
  • Water: Metered, Public
  • Water Heater: Electric, Rented
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Forced Air, Wall Units
  • Electric Company: Green MT Power
  • Separate Utilities: Yes
  • Total Electric Meters: 12
  • Total Gas Meters: 8
  • Total Heat Units: 11
  • Total Ranges: 11
  • Total Refrigerators: 11
  • Total Water Heaters: 5
  • Trash: Dumpster, Private, Recycle
  • Utilities: Cable - Available, Gas - Lp/Bottle, Internet - Cable, Telephone Available

Condo/Co-op/Association

  • Restrictions: Smoking - No, Tenancy Check
  • Association Amenities: Coin Laundry, Snow Removal, Trash Removal

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 2439360
  • Lot Acres: 56
  • Lot Description: Sloping, Walking Trails, Wooded
  • Surveyed: Unknown
  • Zoning: Res 9000, Rural
  • Deed Book: 524
  • Deed Page: 26-27
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 137196
  • Net Income: 83187
  • Sale Includes: Barn, Land/Building
  • Total Full Baths: 11
  • Total Units: 11
  • Total1 Bedroom Units: 6
  • Total2 Bedroom Units: 5

Tax Info

  • Tax Gross Amount: 18384.12
  • Tax Year: 2019

MLS Schools

  • School District: Montpelier School District
  • School Middle Jr: Main Street Middle School

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
01/31/2020 01/31/20 Sold $860,000 -9.4% $196 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $949,000 -- $217 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4769405

PrimeMLS