NOT LISTED FOR SALE

132 S Main St Saint Albans, VT 05478

Estimated Value: $315,000 - $352,000

3 Beds
5 Baths
2,466 Sq Ft
$135/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $175,950 $71 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,089/month

112 Days on Market

Highlights

  • Corner Lot
  • Walk-Up Access
  • Carpet
  • Zoned Heating and Cooling

About This Home

As of March 2018

Mixed use commercial and residential space allows for rental income and a place to run a business. This property has great exposure on South Main St. in St. Albans City. Looking for an investment property only and need numbers that work? This property generates over $28,000 in gross rental income with 2 residential and 3 commercial rental spaces. The paved driveway offers 10 spaces. The first level is host to 3 commercial spaces that could be reconfigured to suit. All spaces are currently rented. Tough to find 5 rental spaces at this price point.

Last Agent to Sell the Property

Shawn Cheney

EXP Realty License #081.0133978 Listed on: 10/18/2017

EXP Realty

Last Buyer's Agent

Leigh Horton

Your Journey Real Estate License #081.0134103

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1865

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Flooring

  • Carpet
  • Vinyl

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 6 Units
  • Gross Income $28,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,894

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From exit 19 drive to Rt 7 Main Street. Turn rt on Main Street. Go about 1/4 of a mile see sign on the corner of Main St and Lower Gilman St.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 71.35
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3566
  • Sq Ft - Apx Total Finished: 2466
  • Year Built: 1865
  • List Agent: 3669
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2466
  • Sq Ft - Apx Unfinished BG: 1100

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 100 Amp
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Multi Zone, Wall Units
  • Cooling: Multi Zone, Wall AC Units
  • Electric Company: Green Mountain Power
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: Mixed Use
  • Deed Book: 174
  • Deed Page: 76
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 28440
  • Total Units: 6
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3893.73
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2005
Sold by
Firkey Michael
Bought by
Rjp Rentals Llc
Current Estimated Value
$333,500

Purchase Details

Closed on
May 26, 2005
Sold by
Patno Roger D
Bought by
Firkey Michael

Purchase Details

Closed on
Jan 29, 2004
Sold by
Simpson Brian S
Bought by
Patno Roger D and Patno Joyce E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rjp Rentals Llc -- --
Firkey Michael $151,000 --
Patno Roger D $133,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $175,950 +0.5% $71 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $175,000 0.0% $71 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $175,000 -- $71 / 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
2021 $4,507 $160,500 $44,600 $115,900
2020 $4,507 $160,500 $44,600 $115,900
2019 $1,097 $160,500 $44,600 $115,900
2018 $0 $160,500 $44,600 $115,900
2017 $0 $160,500 $44,600 $115,900
2016 -- $160,500 $44,600 $115,900
2015 -- $1,605 $0 $0
2014 -- $1,605 $0 $0
2013 -- $1,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Cheney

    Seller's Agent in 2018

    Shawn Cheney

    EXP Realty

    (802) 782-0400

    45 in this area

    304 Total Sales

    Shawn Cheney
    Section Image
  • Leigh Horton

    Buyer's Agent in 2018

    Leigh Horton

    Your Journey Real Estate

    (802) 233-3982

    54 in this area

    128 Total Sales

    Leigh Horton
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4664371

PrimeMLS

APN: 549-173-01313

Vermont Franklin County St. Albans Town 05478

132 S Main St, St. Albans Town, VT

Not Listed for Sale

MultiFamily

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