NOT LISTED FOR SALE

156 S Main St Saint Albans, VT 05478

Estimated Value: $355,000 - $359,106

5 Beds
3 Baths
2,160 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $225,000 $104 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,254/month

7 Days on Market

Highlights

  • 3 Car Detached Garage
  • High Speed Internet
  • Wood Siding
  • Baseboard Heating

About This Home

As of September 2018

Wonderful 3-unit investment property walking distance to downtown St. Albans. This well maintained property offers a first floor 3-bedroom apartment, 2 1-bedroom apartments on the 2nd floor, and a detached 3 car garage. Excellent 20+ year tenant history for 2 of the units.

Last Agent to Sell the Property

Leigh Horton

Your Journey Real Estate License #081.0134103 Listed on: 07/02/2018

Last Buyer's Agent

Paul Martin

M Realty License #081.0134015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,852

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 3 Car Detached Garage

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,160 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • St Albans City Elementary School
  • St. Albans City Middle School
  • Bfast Albans High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $5,900
  • Gross Income $28,800
  • Net Operating Income $19,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,852

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From I-89: Take Exit 19 toward St. Albans. At lights, go straight onto St. Albans State Highway; Turn right; Property is on the left, at the corner of S. Main St. & Locke Terrace.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 104.17
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3240
  • Sq Ft - Apx Total Finished: 2160
  • Property Type: Multi-Family
  • Year Built: 1930
  • Remarks Public: Wonderful 3-unit investment property walking distance to downtown St. Albans. This well maintained property offers a first floor 3-bedroom apartment, 2 1-bedroom apartments on the 2nd floor, and a detached 3 car garage. Excellent 20+ year tenant history for 2 of the units.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2160
  • Sq Ft - Apx Unfinished BG: 1080

Exterior Features

  • Construction: Timber Frame
  • Driveway: Concrete
  • Exterior: Shake, Wood Siding
  • Foundation: Concrete
  • Roads: Paved, Public
  • Roof: Shingle
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 3
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Electric Company: GMP
  • Phone Company: Comcast
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Curbside
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: St Albans City School District
  • Elementary School: St Albans City School
  • Middle School: St. Albans City School
  • High School: BFASt Albans
  • Elementary School: St Albans City School
  • High School: BFASt Albans

Lot Info

  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: LT 3Fam HSE GAR
  • Deed Book: 266
  • Deed Page: 1177
  • Deed Recorded Type: Foreclosure

Multi Family

  • Gross Income: 28800
  • Net Income: 19100
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3852
  • Tax Year: 2017

MLS Schools

  • School District: St Albans City School District
  • School Middle Jr: St. Albans City School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2019
Sold by
Gilmond Jay J and Washburn Lori
Bought by
Sunshine Properties Llc
Current Estimated Value
$357,702

Purchase Details

Closed on
Jul 9, 2014
Sold by
Cioffi Robert A
Bought by
Home Llc

Purchase Details

Closed on
Jul 9, 1996
Sold by
Cioffi Rose M
Bought by
Cioffi Robert A

Purchase Details

Closed on
Oct 19, 1994
Sold by
Cioffi Rose M
Bought by
Cioffi William G and Cioffi Robert A
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
Sunshine Properties Llc -- --
Home Llc $145,000 --
Cioffi Robert A $75,000 --
Cioffi William G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $225,000 0.0% $104 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $225,000 -- $104 / 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
2021 $4,257 $151,600 $40,500 $111,100
2020 $4,257 $151,600 $40,500 $111,100
2019 $19 $151,600 $40,500 $111,100
2018 $24 $151,600 $40,500 $111,100
2017 $0 $151,600 $40,500 $111,100
2016 -- $151,600 $40,500 $111,100
2015 -- $1,516 $0 $0
2014 -- $1,764 $0 $0
2013 -- $1,764 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4704353

PrimeMLS

APN: 549-173-10476