NOT LISTED FOR SALE

113 Mountain St Bristol, VT 05443

Estimated Value: $285,000 - $451,081

16 Beds
6 Baths
1,964 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $655,000 $334 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $2,240/month

103 Days on Market

About This Home

As of April 2024

Rarely available investment opportunity with assumable debt (if purchased with adjacent listing). The building consists of 6 units with qualified tenants -and two 2 bedroom 1 bathroom units in a duplex building with garages and four 3 bedroom 1 bathroom units in the fourplex. Two separate buildings with interior updates in 4-plex. Excellent numbers and a great Bristol location close to the village. Properties are professionally managed and underwent substantial recent renovations. Recently appraised for $795,000 This building can be combined with 40 Adirondack from the same seller.

Last Agent to Sell the Property

David Parsons

RE/MAX North Professionals - Burlington Listed on: 11/11/2023

RE/MAX North Professionals - Burlington

Last Buyer's Agent

The Malley Group

KW Vermont License #082.0008557

KW Vermont

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,329

Year Built

  • Built in 1964

Lot Details

  • 0.96 Acre Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2-Story Property
  • Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Dirt Driveway

Schools

  • Bristol Elementary School
  • Mount Abraham Union Mid/High Middle School
  • Mount Abraham Uhsd 28 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Septic Tank
  • Private Sewer

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $45,114
  • Gross Income $103,455
  • Net Operating Income $58,341

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,329

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Route 116 South to Bristol, right on Mountain Street
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 333.5
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8036
  • Sq Ft - Apx Total Finished: 1964
  • Year Built: 1964
  • List Agent: 27324
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Unknown
  • Architectural Style: Apartment Building
  • ResoLotFeatures: Country Setting, Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Other
  • Basement: Yes
  • Basement Access Type: Interior
  • Sq Ft - Apx Finished AG: 1964
  • Sq Ft - Apx Unfinished AG: 5512
  • Sq Ft - Apx Unfinished BG: 560

Exterior Features

  • Driveway: Dirt, Gravel
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Metal, Standing Seam
  • Construction Type: Wood Frame, Vinyl Exterior

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private, Septic
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Bristol Elementary School
  • High School: Mount Abraham UHSD 28

Lot Info

  • Lot Sq Ft: 41818
  • Lot Acres: 0.96
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 174
  • Deed Page: 370-373
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 103455
  • Net Income: 58341
  • Total Full Baths: 6
  • Total Units: 6
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 13329
  • Tax Year: 2023

MLS Schools

  • School District: Bristol School District
  • School Middle Jr: Mount Abraham Union Mid/High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
Apr 18, 2024
Sold by
Otter Creek Real Estate Llc
Bought by
R & L Bristol Properties Llc
Seller's Agent
David Parsons
RE/MAX North Professionals - Burlington
Buyer's Agent
The Malley Group
KW Vermont
List Price
$750,000
Sold Price
$655,000
Premium/Discount to List
-$95,000
-12.67%
Views
102
Current Estimated Value
$341,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$313,480
Avg. Annual Appreciation
-30.64%

Purchase Details

Closed on
Jun 22, 2022
Sold by
Mary E Ladue Trust

Purchase Details

Closed on
May 26, 2022
Sold by
Estate Of Mary E Ladue
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
R & L Bristol Properties Llc $242,000 --
R & L Bristol Properties Llc $242,000 --
-- $161,320 --
-- $161,320 --
-- $161,320 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2024 04/21/24 Off Market $655,000 -- --
04/18/2024 04/18/24 Sold $655,000 -9.7% $334 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $725,000 -3.3% $369 / Sq Ft
11/11/2023 11/11/23 For Sale $750,000 -- $382 / 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 $5,587 $202,800 $63,100 $139,700
2023 $5,117 $202,800 $63,100 $139,700
2022 $5,712 $238,500 $83,800 $154,700
2021 $5,907 $238,500 $83,800 $154,700
2020 $5,754 $238,500 $83,800 $154,700
2019 $4,290 $238,500 $83,800 $154,700
2018 $5,399 $238,500 $83,800 $154,700
2016 $4,449 $183,300 $68,200 $115,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4977524

PrimeMLS

APN: 093-029-10884