NOT LISTED FOR SALE

12 Frederick Rd Essex Junction, VT 05452

Estimated Value: $513,000 - $539,000

5 Beds
2 Baths
2,080 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $335,000 $161 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,435/month

151 Days on Market

Highlights

  • Corner Lot
  • 1 Car Direct Access Garage
  • 1-Story Property
  • Essex Middle School Rated 9+
  • Hot Water Heating System

About This Home

As of March 2018

Great investment opportunity with a 7.5% Cap! This L-Shaped Ranch offers two wonderful apartments with separate utilities - one with 3 bedrooms, a finished lower level and a garage plus a 2 bedroom unit with basement. Nicely updated kitchens and baths plus hardwood floors in both. Laundry hook-ups, plenty of storage space and a great yard for tenants to enjoy! Large corner lot in quiet neighborhood yet minutes to shopping, cinema, golf and more.

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 09/14/2017

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Rich Gardner

RE/MAX North Professionals License #082.0007959

RE/MAX North Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,530

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • 1 Car Direct Access Garage

Home Design

  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Finished Basement
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $34,500
  • Net Operating Income $26,091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,530

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Ranch
  • Directions: Route 15 toward Jericho, left onto Richard Street, left onto Lamell Avenue, right onto Frederick Road, house on right at corner of Marion Avenue.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 199.4
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2848
  • Sq Ft - Apx Total Finished: 2080
  • Year Built: 1966
  • Remarks Public: Great investment opportunity with a 7.5% Cap! This L-Shaped Ranch offers two wonderful apartments with separate utilities - one with 3 bedrooms, a finished lower level and a garage plus a 2 bedroom unit with basement. Nicely updated kitchens and baths plus hardwood floors in both. Laundry hook-ups, plenty of storage space and a great yard for tenants to enjoy! Large corner lot in quiet neighborhood yet minutes to shopping, cinema, golf and more.
  • List Agent: 5968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement Access Type: Interior
  • Basement Description: Finished, Unfinished
  • Sq Ft - Apx Finished AG: 1680
  • Sq Ft - Apx Finished BG: 400
  • Sq Ft - Apx Unfinished BG: 768

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Block
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Description: Direct Entry
  • Garage Type: Under

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Hot Water
  • Electric Company: GMP
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: Corner
  • Surveyed: Yes
  • Surveyed By: Harvell Assoc, Inc
  • Zoning: Residential
  • Deed Book: 889
  • Deed Page: 189-190
  • Deed Recorded Type: Trust

Multi Family

  • Gross Income: 34500
  • Net Income: 26091
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5529.98
  • Tax Year: 2017

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
03/09/2018 03/09/18 Sold $335,000 -1.2% $161 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $339,000 -2.9% $163 / Sq Ft
09/14/2017 09/14/17 For Sale $349,000 -- $168 / 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 $7,304 $265,800 $90,400 $175,400
2023 $6,602 $265,800 $90,400 $175,400
2022 $6,104 $265,800 $90,400 $175,400
2021 $6,275 $265,800 $90,400 $175,400
2020 $6,276 $265,800 $90,400 $175,400
2019 $5,905 $265,800 $90,400 $175,400
2018 $5,750 $265,100 $90,400 $174,700
2017 $6,319 $265,100 $90,400 $174,700
2016 $6,219 $265,100 $90,400 $174,700
Source: Public Records

Agents Affiliated with this Home

  • Steve Lipkin

    Seller's Agent in 2018

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Steve Lipkin
    Section Image
  • Rich Gardner

    Buyer's Agent in 2018

    Rich Gardner

    RE/MAX

    (802) 373-7527

    49 in this area

    517 Total Sales

    Rich Gardner
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4659144

PrimeMLS

APN: (067) 2059033-000

Vermont Chittenden County Essex Junction 05452

12 Frederick Rd, Essex Junction, VT

This home is located at 12 Frederick Rd, Essex Junction, VT 05452 since 14 September 2017 and is currently estimated at $522,667, approximately $251 per square foot. This property was built in 1966. 12 Frederick Rd is a home located in Chittenden County with nearby schools including Essex Elementary School, Founders Memorial School, and Essex Middle School.

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