NOT LISTED FOR SALE

16 Lower Newton Rd Saint Albans City, VT 05478

Estimated Value: $246,000 - $379,053

4 Beds
2 Baths
1,906 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $375,000 $197 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,205/month

25 Days on Market

Highlights

  • Forced Air Heating System
  • Hot Water Heating System
  • Level Lot

About This Home

As of October 2023

Completely renovated 2 family home located in a very convenient location in Saint Albans City. The dwelling has separate entrances, separate gas furnaces, washer/dryer hookups in each unit, separate hot water, separate electric, individual water meters . Shared basement access from exterior, off street parking for 5 vehicles, fenced rear yard. The units have been completely renovated and could be converted condos. Estimated rental income estimated at $1850 for 1st floor, and $1650 for 2nd floor. Seller is a Vermont licensed real estate broker.

Last Agent to Sell the Property

Robert Provost

Provost Real Estate LLC License #081.0003313 Listed on: 06/28/2023

Last Buyer's Agent

Robert Provost

Provost Real Estate LLC License #081.0003313 Listed on: 06/28/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,291

Year Built

  • Built in 1910

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Stove

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 5 Car Parking Spaces
  • Gravel Driveway
  • On-Site Parking

Schools

  • Bfa/Fairfax Middle School
  • Bfa Fairfax High School

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,291

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From I-89 use Exit 19 ,Head west to Main Street, turn right and go north thru town to Lower Newton Road. Property is 4th house down on left.
  • Footprint: 1148
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 196.75
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2664
  • Sq Ft - Apx Total Finished: 1906
  • Year Built: 1910
  • Remarks Public: Completely renovated 2 family home located in a very convenient location in Saint Albans City. The dwelling has separate entrances, separate gas furnaces, washer/dryer hookups in each unit, separate hot water, separate electric, individual water meters . Shared basement access from exterior, off street parking for 5 vehicles, fenced rear yard. The units have been completely renovated and could be converted condos. Estimated rental income estimated at $1850 for 1st floor, and $1650 for 2nd floor. Seller is a Vermont licensed real estate broker.
  • List Agent: 12784
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Stairs - Interior, Sump Pump, Unfinished, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 1906
  • Sq Ft - Apx Unfinished BG: 758

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: On-Site, Parking Spaces 5

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Gas Heater - Vented, Hot Air, Hot Water, Stove - Gas
  • Electric Company: Green Mountain Power
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Tenant
  • Utilities: Cable - Available

Fee Information

  • Tax Class: Homestead

Schools

  • Middle School: BFA/Fairfax Middle School
  • High School: BFA Fairfax High School
  • High School: BFA Fairfax High School

Lot Info

  • Lot Sq Ft: 15246
  • Lot Acres: 0.35
  • Lot Description: City Lot, Level, Sidewalks
  • Surveyed: Yes
  • Surveyed By: Day Land Surveying
  • Zoning: Residential
  • Deed Book: 133
  • Deed Page: 328
  • Deed Recorded Type: Fiduciary

Tax Info

  • Taxes TBD: Yes
  • Tax Rate: 1.64
  • Tax Year Notes: Estimated
  • Tax Gross Amount: 5290.87
  • Tax Year: 2022

Multi Family

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

MLS Schools

  • School Middle Jr: BFA/Fairfax Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Oct 10, 2023
Sold by
Pleasant Street Properties Llc
Bought by
Maple Leaf Property Co Llc
Seller's Agent
Robert Provost
Provost Real Estate LLC
Buyer's Agent
Robert Provost
Provost Real Estate LLC
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
70
Current Estimated Value
$309,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,737
Avg. Annual Appreciation
-3.48%

Purchase Details

Closed on
Jun 29, 2022
Sold by
Estate Of Ralph Bailey
Bought by
Pleasant Street Properties Llc

Purchase Details

Closed on
Mar 12, 2001
Sold by
Bailey Marjorie M
Bought by
Ailey Ralph A
Source: Public Records

Range of Values:

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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
Maple Leaf Property Co Llc $375,000 --
Maple Leaf Property Co Llc $375,000 --
Pleasant Street Properties Llc $95,000 --
Pleasant Street Properties Llc $95,000 --
Ailey Ralph A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $375,000 -1.3% $197 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/16/2023 07/16/23 Price Changed $379,900 -5.0% $199 / Sq Ft
06/28/2023 06/28/23 For Sale $399,900 -- $210 / 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 $6,244 $190,600 $53,600 $137,000
2023 $5,781 $190,600 $53,600 $137,000
2022 $3,021 $112,600 $42,800 $69,800
2021 $3,009 $112,600 $42,800 $69,800
2020 $2,957 $112,600 $42,800 $69,800
2019 $2,875 $112,600 $42,800 $69,800
2018 $1,885 $112,600 $42,800 $69,800
2017 $2,674 $112,600 $42,800 $69,800
2016 $2,674 $112,600 $42,800 $69,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Provost

    Seller's Agent in 2023

    Robert Provost

    Provost Real Estate LLC

    (802) 793-3536

    3 in this area

    9 Total Sales

    Robert Provost
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Map

Source: PrimeMLS

MLS Number: 4959067

PrimeMLS

APN: 549-173-10062

Vermont Franklin County St. Albans Town 05478

16 Lower Newton Rd, St. Albans Town, VT

This home is located at 16 Lower Newton Rd, Saint Albans City, VT 05478 since 28 June 2023 and is currently estimated at $309,263, approximately $162 per square foot. This property was built in 1910. 16 Lower Newton Rd is a home located in Franklin County with nearby schools including St. Albans City School and Bellows Free Academy High School.

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