NOT LISTED FOR SALE

146 Malletts Bay Ave Winooski, VT 05404

Estimated Value: $518,000 - $691,730

6 Beds
4 Baths
1,568 Sq Ft
$402/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $417,000 $266 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,041/month

9 Days on Market

Highlights

  • Baseboard Heating
  • Carpet
  • 4-minute walk to Winooski Tracks
  • Wood Siding
  • 1-Story Property

About This Home

As of November 2020

Excellent investment opportunity! This well maintained 4-unit is close to Winooski town center, I89 and Malletts Bay. Perfect for investors or a great option to owner occupy while the other units pay your mortgage! Made up of two 2-bedroom units and two 1-bedroom units. All units have been nicely updated over the past several years and offer spacious living room, open kitchen and plenty of off-street parking. Recent improvements include: new roof in 2019, newer no-maintenance rented natural gas hot water tanks, front decks and all but 2 windows replaced in 2017. Units are currently rented UNDER market value and there is significant opportunity to increase rental revenue! Showings begin 9/13/20.

Last Agent to Sell the Property

Kara Koptiuch

Vermont Real Estate Company Listed on: 09/08/2020

Last Buyer's Agent

Blake Gintof

Signature Properties of Vermont License #081.0134224

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.33 Acre Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater Leased

Community Details

  • 4 Units
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Directions: Take West Spring Street, left onto Malletts Bay Ave, home is on the right.
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 265.94
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3136
  • Sq Ft - Apx Total Finished: 3136
  • Property Type: Multi-Family
  • Year Built: 1971
  • Remarks Public: Excellent investment opportunity! This well maintained 4-unit is close to Winooski town center, I89 and Malletts Bay. Perfect for investors or a great option to owner occupy while the other units pay your mortgage! Made up of two 2-bedroom units and two 1-bedroom units. All units have been nicely updated over the past several years and offer spacious living room, open kitchen and plenty of off-street parking. Recent improvements include: new roof in 2019, newer no-maintenance rented natural gas hot water tanks, front decks and all but 2 windows replaced in 2017. Units are currently rented UNDER market value and there is significant opportunity to increase rental revenue! Showings begin 9/13/20.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Daylight, Finished
  • Sq Ft - Apx Finished AG: 1568
  • Sq Ft - Apx Finished BG: 1568

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Vinyl, Wood Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Driveway, Off Street, On-Site

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vt Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Rented
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Direct Vent
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 14375
  • Lot Acres: 0.33
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 201
  • Deed Page: 474
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 10551.95
  • Tax Year: 2020

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
11/06/2020 11/06/20 Sold $417,000 -5.2% $133 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $440,000 -- $140 / 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 -- $622,200 $282,000 $340,200
2023 -- $341,200 $141,000 $200,200
2022 $10,680 $341,200 $141,000 $200,200
2021 $10,887 $341,200 $141,000 $200,200
2020 $10,552 $341,200 $141,000 $200,200
2019 $10,009 $341,200 $141,000 $200,200
2018 $9,548 $341,200 $141,000 $200,200
2017 $9,251 $341,200 $141,000 $200,200
2016 $9,120 $341,200 $141,000 $200,200
Source: Public Records

Agents Affiliated with this Home

  • Kara Koptiuch

    Seller's Agent in 2020

    Kara Koptiuch

    Vermont Real Estate Company

    (802) 238-6878

    6 in this area

    209 Total Sales

    Kara Koptiuch
    Section Image
  • Blake Gintof

    Buyer's Agent in 2020

    Blake Gintof

    Signature Properties of Vermont

    (802) 316-0681

    3 in this area

    33 Total Sales

    Blake Gintof
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4827446

PrimeMLS

APN: (246) MB146

Vermont Chittenden County Winooski 05404

146 Malletts Bay Ave, Winooski, VT

This home is located at 146 Malletts Bay Ave, Winooski, VT 05404 since 08 September 2020 and is currently estimated at $630,683, approximately $402 per square foot. This property was built in 1971. 146 Malletts Bay Ave is a home located in Chittenden County with nearby schools including J.F. Kennedy Elementary School, Winooski Middle School, and Winooski High School.

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