NOT LISTED FOR SALE

121 Hill St Barre, VT 05641

Barre City Neighborhood

Estimated Value: $670,113

9 Beds
10 Baths
5,228 Sq Ft
$128/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $680,000 $130 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,089/month

44 Days on Market

Highlights

  • 0.56 Acre Lot
  • Storm Windows
  • 10 Car Garage
  • Covered Patio or Porch
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of June 2024

Cherished landmark investment property with 10 residential rental units on a big level lot with ample parking and 10 garages plus a large yard. This property has one 2-bedroom unit, eight 1-bedroom units and one studio. An on-site coin-operated laundry is most convenient. Very well maintained. Exterior was recently painted and the parking area was recently paved in 2022. Room to grow the rent roll and has potential to create additional units on site. Solid value. Showings begin on Tuesday, 4/9.

Last Agent to Sell the Property

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388 Listed on: 04/04/2024

Last Buyer's Agent

Tina Golon

BHHS Vermont Realty Group/Waterbury License #081.0048879

BHHS Vermont Realty Group/Waterbury

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,845

Year Built

  • Built in 1905

Lot Details

  • 0.56 Acre Lot
  • Level Lot

Parking

  • 10 Car Garage

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Corrugated Roof
  • Metal Roof
  • Plywood Siding Panel T1-11
  • Clapboard

Interior Spaces

  • 10 Full Bathrooms
  • 2.5-Story Property
  • Unfinished Basement
  • Walk-Out Basement
  • Storm Windows

Flooring

  • Carpet
  • Vinyl

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • 4% Total Tax Rate

Community Details

Overview

  • 10 Units

Building Details

  • Operating Expense $42,990
  • Net Operating Income $79,445

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,845

Year Built

Built in 1905

Lot Details

0

Parking

10

Listing Details

  • Status Detail: Closed
  • Directions: North Main Street to Washington Street (US Route 302), left on Hill Street. Building is on right at corner of Charles Street.
  • Flood Zone: Unknown
  • Footprint: 21x63, 15x24, 7x8
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 141.55
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6548
  • Sq Ft - Apx Total Finished: 5228
  • Year Built: 1905
  • Remarks Public: Cherished landmark investment property with 10 residential rental units on a big level lot with ample parking and 10 garages plus a large yard. This property has one 2-bedroom unit, eight 1-bedroom units and one studio. An on-site coin-operated laundry is most convenient. Very well maintained. Exterior was recently painted and the parking area was recently paved in 2022. Room to grow the rent roll and has potential to create additional units on site. Solid value. Showings begin on Tuesday, 4/9.
  • List Agent: 21353
  • 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: High Speed Intrnt -Avail
  • Architectural Style: Apartment Building, Walkout Lower Level
  • ResoLotFeatures: City Lot, Level, Sidewalks, Street Lights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Separate
  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 32
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Concrete Floor, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 4804
  • Sq Ft - Apx Finished BG: 424
  • Sq Ft - Apx Unfinished BG: 1320

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Corrugated, Metal, Standing Seam
  • Features Exterior: Porch - Covered, Windows - Storm
  • Construction Type: Wood Frame, Clapboard Exterior, T1-11 Exterior

Garage/Parking

  • Garage Capacity: 10
  • Parking: Detached, Parking Spaces 11 - 20, Paved
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Gillespie
  • Sewer: Metered, Public
  • Heating Fuel: Electric, Oil
  • Heating: Forced Air, Hot Air
  • Electric Company: GMP
  • Separate Utilities: Varies
  • Total Electric Meters: 10
  • Total Ranges: 10
  • Total Refrigerators: 10
  • Total Water Heaters: 8
  • Trash: Owner
  • Utilities: Cable - Available, Telephone Available
  • Water Source: Metered, Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Barre Unified Union School District
  • Elementary School: Barre City Elem & Middle Sch
  • Middle School: Barre City Elem & Middle Sch
  • High School: Spaulding High School
  • Elementary School: Barre City Elem & Middle Sch
  • High School: Spaulding High School

Lot Info

  • Lot Sq Ft: 24394
  • Lot Acres: 0.56
  • Surveyed: Unknown
  • Zoning: Res8
  • Deed Book: 157
  • Deed Page: 883-884
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 3.79
  • Tax Year Notes: 2023-2024
  • Tax Gross Amount: 11845.44
  • Tax Year: 2023

Multi Family

  • Net Income: 79445
  • Total Full Baths: 10
  • Total Units: 10
  • Total1 Bedroom Units: 8
  • Total2 Bedroom Units: 1

MLS Schools

  • School District: Barre Unified Union School District
  • School Middle Jr: Barre City Elem & Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 21, 2024
Sold by
Lance Family Revocable Trust-Survivor'S
Bought by
Central Vermont Rentals Llc
Seller's Agent
Tim Heney
Heney Realtors - Element Real Estate (Montpelier)
Buyer's Agent
Tina Golon
BHHS Vermont Realty Group/Waterbury
List Price
$694,500
Sold Price
$680,000
Premium/Discount to List
-$14,500
-2.09%
Views
86
Current Estimated Value
$670,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,887
Avg. Annual Appreciation
-3.48%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Central Vermont Rentals Llc $680,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $680,000 -2.1% $130 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $694,500 -- $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 $5,246 $312,100 $42,900 $269,200
2023 $5,246 $312,100 $42,900 $269,200
2022 $11,284 $312,100 $42,900 $269,200
2021 $11,467 $312,100 $42,900 $269,200
2020 $11,319 $312,100 $42,900 $269,200
2019 $10,951 $312,100 $42,900 $269,200
2018 $10,621 $312,100 $42,900 $269,200
2016 $10,232 $312,100 $42,900 $269,200
Source: Public Records

Agents Affiliated with this Home

  • Tim Heney

    Seller's Agent in 2024

    Tim Heney

    Heney Realtors - Element Real Estate (Montpelier)

    (802) 522-5260

    7 in this area

    180 Total Sales

    Tim Heney
    Section Image
  • Tina Golon

    Buyer's Agent in 2024

    Tina Golon

    BHHS Vermont Realty Group/Waterbury

    (802) 522-9216

    22 in this area

    98 Total Sales

    Tina Golon
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4990253

PrimeMLS

APN: 036-011-11795

Vermont Washington County Barre 05641 Barre City

121 Hill St, Barre, VT

This home is located at 121 Hill St, Barre, VT 05641 since 04 April 2024 and is currently estimated at $670,113, approximately $128 per square foot. This property was built in 1905. 121 Hill St is a home located in Washington County with nearby schools including Barre City Elementary and Middle School, Spaulding High School, and St. Monica - St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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