NOT LISTED FOR SALE

151 Cherry Tree Ln Cambridge, VT 05464

Estimated Value: $409,000 - $565,035

4 Beds
3 Baths
2,792 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2018

Last sale price $330,000 $118 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,333 / mo

17 Days on Market

Highlights

  • Mountain View
  • 2 Car Direct Access Garage
  • Baseboard Heating
  • Cambridge Elementary School Rated A-
  • Tile Flooring

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

License #082.0125876

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

1.32 Acres

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
  • 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 21, 2018
Sold by
Seller's Agent
JoAnn Bechard
M Realty
Buyer's Agent
Leslie Quinn
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Current Estimated Value
$487,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,018
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Nov 18, 2015
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $330,000 +4.8% $118 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $315,000 -- $113 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,615 $342,800 $61,100 $281,700
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
2015 -- $2,295 $0 $0
2014 -- $2,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JoAnn Bechard

    M Realty

    Section Image

  • L

    Buyer's Agent in 2018

    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

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