NOT LISTED FOR SALE

151 Cherry Tree Ln Cambridge, VT 05464

Estimated Value: $428,000 - $953,000

4 Beds
3 Baths
3,362 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $330,000 $98 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,330/month

17 Days on Market

Highlights

  • Mountain View
  • Tile Flooring
  • Baseboard Heating
  • 2 Car Direct Access Garage

About This Home

As of December 2018

Attention investors and skiers! Great opportunity to either owner occupy this beautiful duplex, or rent both sides out. Either way your mortgage has potential to be paid! This unit sits on a quiet, private road with breath taking views and frequent visits from deer and other wildlife. Only four years old and no work needed. Cambridge and Jeffersonville are small, friendly towns where everyone is welcome. 10 minutes to Smuggler's Notch, 25 minutes to Essex, 30 minutes to St. Albans.

Last Agent to Sell the Property

JoAnn Bechard

M Realty License #081.0134033 Listed on: 11/09/2018

Last Buyer's Agent

Leslie Quinn

Coldwell Banker Hickok and Boardman License #082.0125876

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,605

Year Built

  • Built in 2014

Lot Details

  • 1.32 Acre Lot
  • Dirt Road
  • Lot Sloped Up

Parking

  • 2 Car Direct Access Garage
  • Gravel Driveway

Property Views

  • Mountain Views
  • Countryside Views

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Cambridge Elementary School
  • Lamoille Middle School
  • Lamoille Uhsd #18 High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Drilled Well
  • Water Heater
  • Mound Septic

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $31,800
  • Net Operating Income $20,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,605

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Enter town of Cambridge, turn onto Pumpkin Harbor Rd, right onto Bartlett Hill Rd. Cherry Tree Lane is 1.5 miles up on the right. Duplex is 600 feet up on the left. See sign.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 118.19
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3932
  • Sq Ft - Apx Total Finished: 3362
  • Property Type: Multi-Family
  • Year Built: 2014
  • Remarks Public: Attention investors and skiers! Great opportunity to either owner occupy this beautiful duplex, or rent both sides out. Either way your mortgage has potential to be paid! This unit sits on a quiet, private road with breath taking views and frequent visits from deer and other wildlife. Only four years old and no work needed. Cambridge and Jeffersonville are small, friendly towns where everyone is welcome. 10 minutes to Smuggler's Notch, 25 minutes to Essex, 30 minutes to St. Albans.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Full, Partially Finished
  • Sq Ft - Apx Finished AG: 2792
  • Sq Ft - Apx Finished BG: 570
  • Sq Ft - Apx Unfinished BG: 570

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Dirt, Private, Privately Maintained
  • Roof: Shingle - Architectural

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage
  • Garage: Yes
  • Garage Description: Direct Entry
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Jack Corse
  • Sewer: Concrete, Mound
  • Water: Drilled Well
  • Water Heater: On Demand
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Dumpster

Fee Information

  • Tax Class: Homestead

Schools

  • Elementary School: Cambridge Elementary
  • Middle School: Lamoille Middle School
  • High School: Lamoille UHSD #18
  • Elementary School: Cambridge Elementary
  • High School: Lamoille UHSD #18

Lot Info

  • Lot Sq Ft: 57499
  • Lot Acres: 1.32
  • Lot Description: Country Setting, Mountain View
  • Surveyed: Yes
  • Surveyed By: David Tudhope
  • Zoning: Res
  • Deed Book: 367
  • Deed Page: 313

Multi Family

  • Gross Income: 31800
  • Net Income: 20475
  • Total Full Baths: 3
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6605.3
  • Tax Year: 2017

MLS Schools

  • School Middle Jr: Lamoille Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2015
Sold by
Bechard Andrew
Bought by
Northeastern Contracting Llc
Current Estimated Value
$668,122
Source: Public Records

Range of Values:

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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
Northeastern Contracting Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $330,000 +4.8% $98 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $315,000 -- $94 / 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 $8,615 $342,800 $61,100 $281,700
2023 $5,943 $342,800 $61,100 $281,700
2022 $7,607 $342,800 $61,100 $281,700
2021 $7,545 $342,800 $61,100 $281,700
2020 $7,433 $342,800 $61,100 $281,700
2019 $7,143 $342,800 $61,100 $281,700
2018 $6,605 $342,800 $61,100 $281,700
2017 $6,413 $342,800 $61,100 $281,700
2016 $6,453 $342,800 $61,100 $281,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JoAnn Bechard

    M Realty

    Section Image
  • Leslie Quinn

    Buyer's Agent in 2018

    Leslie Quinn

    Coldwell Banker Hickok and Boardman

    (802) 373-3000

    87 Total Sales

    Leslie Quinn
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4727346

PrimeMLS

APN: 123-038-12308

Vermont Lamoille County Cambridge 05464

151 Cherry Tree Ln, Cambridge, VT

This home is located at 151 Cherry Tree Ln, Cambridge, VT 05464 since 09 November 2018 and is currently estimated at $668,122, approximately $198 per square foot. This property was built in 2014. 151 Cherry Tree Ln is a home located in Lamoille County with nearby schools including Cambridge Elementary School.

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