NOT LISTED FOR SALE

14 E Spring St Winooski, VT 05404

Estimated Value: $621,000 - $1,048,572

7 Beds
4 Baths
2,376 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $490,000 $206 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,265/month

99 Days on Market

About This Home

As of June 2019

Fantastic Four unit apartment building ideal for investors or owner occupant. this building falls into the form base code in Winooski. All units well cared for with great tenants. The large 3 bedroom unit is available for immediate occupancy featuring stainless steel appliances, fresh paint and new flooring. Coin-Op Laundry in common area, ample parking, on the bus line and only 3 blocks from the Hip Winooski dining spots, Winooski River with easy proximity to UVM, downtown Burlington, I89.

Last Agent to Sell the Property

Robbi Handy Holmes

BHHS Vermont Realty Group/S Burlington License #081.0134214 Listed on: 02/12/2019

BHHS Vermont Realty Group/S Burlington

Last Buyer's Agent

Jessie Cook

Coldwell Banker Hickok and Boardman License #082.0007531

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 2-Story Property

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Parking

  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Controls for Heating
  • Natural Gas Water Heater

Community Details

Building Details

  • Operating Expense $14,923
  • Gross Income $56,700
  • Net Operating Income $41,777

Additional Features

  • 4 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,899

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Victorian
  • Directions: Route 7 North, right on E Spring Street, house on Right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 206.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3218
  • Sq Ft - Apx Total Finished: 3218
  • Year Built: 1910
  • List Agent: 25882
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Finished, Full
  • Sq Ft - Apx Finished AG: 2376
  • Sq Ft - Apx Finished BG: 842

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Aluminum
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Fiberglass, Slate

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Direct Vent, Individual, Monitor Type
  • Cooling: Individual
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 5

Condo/Co-op/Association

  • Management Company: Self Managed
  • Association Amenities: Coin Laundry

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 9148
  • Current Use: Yes
  • Lot Acres: 0.21
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: GW
  • Deed Book: 219
  • Deed Page: 575-576
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 56700
  • Net Income: 41777
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8898.91
  • Tax Year: 2019

MLS Schools

  • School District: Winooski School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jun 12, 2019
Sold by
Cummings Glenn A and Cummings Ronalyn E
Bought by
802 Development Llc
Seller's Agent
Robbi Handy Holmes
BHHS Vermont Realty Group/S Burlington
Buyer's Agent
Jessie Cook
Coldwell Banker Hickok and Boardman
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%
Current Estimated Value
$834,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,786
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Isaacson Lee Ann and Isaacson Michael J
Bought by
Cummings Glenn A and Cummings Ronalyn E

Purchase Details

Closed on
Sep 8, 1987
Sold by
Eldred Bradley J
Bought by
Eldred Bradley J and Eldred Phyllis H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
802 Development Llc $490,000 --
Cummings Glenn A $315,000 --
Eldred Bradley J -- --
Eldred Bradley J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $490,000 -2.0% $206 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $499,900 0.0% $210 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/08/2019 03/08/19 Price Changed $499,900 -4.8% $210 / Sq Ft
02/12/2019 02/12/19 For Sale $525,000 -- $221 / Sq Ft
Source: PrimeMLS

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 -- $1,238,000 $440,000 $798,000
2023 -- $544,800 $132,000 $412,800
2022 $17,053 $544,800 $132,000 $412,800
2021 $10,147 $318,000 $132,000 $186,000
2020 $9,834 $318,000 $132,000 $186,000
2019 $9,329 $318,000 $132,000 $186,000
2018 $8,899 $318,000 $132,000 $186,000
2017 $8,622 $325,100 $132,000 $193,100
2016 $8,500 $318,000 $132,000 $186,000
2015 -- $3,180 $0 $0
2014 -- $3,180 $0 $0
2013 -- $3,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4736196

PrimeMLS

APN: (246) ES014