S
Seller's Agent in 2021
Steve Rocheleau
14 1st St Swanton, VT 05488
Estimated Value: $706,246
9
Beds
6
Baths
4,656
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- High Speed Internet
- Walk-Up Access
- Baseboard Heating
- Level Lot
- 5-minute walk to Marble Hill Park
About This Home
As of October 2021Incredible Investment Property – Turn Key operation, fully rented with very long term tenants and a great 7.25% cap rate. Annual net $40,000. Great location, walking distance from Swanton’s Beautiful Village Park. There are 3 two-bedroom and 3 one-bedroom apartments. Parking on site. Some of the tenants have been here for over a decade. Rents are at market and things are running smoothly with almost no vacancy (Owner did leave one unit vacant during COVID for obvious reasons). Property is fully occupied and tenants are all current. Take over this well managed property and start building equity for your retirement.
Last Agent to Sell the Property
Steve Rocheleau
License #081.0002917 Listed on: 07/29/2021
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $11,308
Year Built
- Built in 1990
Lot Details
- 0.25 Acre Lot
- Level Lot
Parking
- Paved Parking
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 6 Full Bathrooms
- 2-Story Property
Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
- Interior and Exterior Basement Entry
- Apartment Living Space in Basement
- Basement Storage
- Natural lighting in basement
Schools
- Swanton Elementary School
- Missisquoi Valley Union JSHS Middle School
- Missisquoi Valley Uhsd #7 High School
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- Gas Available
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
Overview
- 6 Units
Building Details
- 1 Separate Gas Meter
- Operating Expense $32,600
- Gross Income $72,030
- Net Operating Income $39,430
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2021
Closed on
Oct 8, 2021
Sold by
Belisle and Belisle Mchugh
Seller's Agent
Steve Rocheleau
Buyer's Agent
Barbara Trousdale
Preferred Properties
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,246
Avg. Annual Appreciation
6.20%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $550,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2021 10/08/21 | Sold | $550,000 | +0.2% | $118 / Sq Ft |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | For Sale | $549,000 | -- | $118 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $10,554 | $451,600 | $52,500 | $399,100 |
| 2023 | $8,603 | $451,600 | $52,500 | $399,100 |
| 2022 | $7,563 | $451,600 | $52,500 | $399,100 |
| 2021 | $7,477 | $428,200 | $52,500 | $375,700 |
| 2020 | $7,573 | $428,200 | $52,500 | $375,700 |
| 2019 | $6,958 | $428,200 | $52,500 | $375,700 |
| 2018 | $7,137 | $428,200 | $52,500 | $375,700 |
| 2017 | $6,856 | $428,200 | $52,500 | $375,700 |
| 2016 | $6,640 | $428,200 | $52,500 | $375,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Barbara Trousdale
Buyer's Agent in 2021
Barbara Trousdale
Preferred Properties
(802) 233-5590
1 in this area
70 Total Sales
Map
Source: PrimeMLS
MLS Number: 4875225
APN: 639-201-10803
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