NOT LISTED FOR SALE

1185 Main St Fairfax, VT 05454

Estimated Value: $340,000 - $563,000

4 Beds
3 Baths
2,210 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $295,000 $133 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,938/month

10 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Level Lot
  • Porch
  • High Speed Internet
  • Wood Siding

About This Home

As of October 2020

Investors take notice! Great opportunity to obtain a 3-unit property just 20 minutes to Essex or St. Albans and within walking distance to the school, store and restaurant as well as a short drive to all other town amenities. With all units rented, start making a return immediately! Don't delay.

Last Agent to Sell the Property

Paul Clark

Paul Poquette Realty Group, LLC License #082.0008052 Listed on: 08/20/2020

Last Buyer's Agent

Shawn Cheney

EXP Realty License #081.0133978

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1890

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Schools

  • Fairfax Elementary School
  • Bfa/Fairfax Middle School
  • Bfa Fairfax High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Water Heater Leased
  • High Speed Internet

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $31,500
  • Net Operating Income $24,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Take Route 104 to middle of Fairfax Village, see sign.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 133.48
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3365
  • Sq Ft - Apx Total Finished: 2210
  • Property Type: Multi-Family
  • Year Built: 1890
  • Remarks Public: Investors take notice! Great opportunity to obtain a 3-unit property just 20 minutes to Essex or St. Albans and within walking distance to the school, store and restaurant as well as a short drive to all other town amenities. With all units rented, start making a return immediately! Don't delay.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Partial, Stairs - Interior, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 2210
  • Sq Ft - Apx Unfinished BG: 1155

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood
  • Foundation: Concrete, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Metal
  • Features Exterior: Deck, Porch

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Liberty/Brown
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Rented
  • Heating Fuel: Electric, Gas - LP/Bottle, Oil
  • Heating: Electric, Forced Air, Monitor Type
  • Electric Company: GMP
  • Phone Company: Consolidated
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Cans, Recycle
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Fairfax Elementary School
  • Middle School: BFA/Fairfax Middle School
  • High School: BFA Fairfax High School
  • Elementary School: Fairfax Elementary School
  • High School: BFA Fairfax High School

Lot Info

  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 242
  • Deed Page: 220
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 31500
  • Net Income: 24500
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3570.81
  • Tax Year: 2020

MLS Schools

  • School Middle Jr: BFA/Fairfax 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 Change Sq Ft Price
10/30/2020 10/30/20 Sold $295,000 0.0% $133 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $294,900 -- $133 / 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 -- $299,200 $49,500 $249,700
2023 -- $299,200 $49,500 $249,700
2022 $5,337 $299,200 $49,500 $249,700
2021 $3,783 $151,900 $30,000 $121,900
2020 $3,685 $151,900 $30,000 $121,900
2019 $3,087 $151,900 $30,000 $121,900
2018 $2,997 $151,900 $30,000 $121,900
2017 $3,162 $151,900 $30,000 $121,900
2016 $2,899 $151,900 $30,000 $121,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paul Clark

    Paul Poquette Realty Group, LLC

    (802) 598-4553

    1 in this area

    33 Total Sales

    Paul Clark
    Section Image
  • Shawn Cheney

    Buyer's Agent in 2020

    Shawn Cheney

    EXP Realty

    (802) 782-0400

    6 in this area

    320 Total Sales

    Shawn Cheney
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4823816

PrimeMLS

APN: 210-068-10755

Vermont Franklin County Fairfax 05454

1185 Main St, Fairfax, VT

This home is located at 1185 Main St, Fairfax, VT 05454 since 20 August 2020 and is currently estimated at $456,404, approximately $206 per square foot. This property was built in 1890. 1185 Main St is a home located in Franklin County with nearby schools including BFA Middle/High School Fairfax and Avalon Triumvirate Academy.

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