NOT LISTED FOR SALE

16 Stowell St Saint Albans, VT 05478

Estimated Value: $313,000 - $320,000

4 Beds
2 Baths
1,752 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $195,000 $111 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,008/month

11 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to Taylor Park

About This Home

As of August 2018

This two-unit, multi-family home is within walking distance to schools, shopping and restaurants. There have been recent updates in 2015, including reconstructed front and back porches, sheetrock ceiling in living room in both units and gable end vents to attic. In 2016, blown in cellulose insulation was installed in all exterior walls and attic, as well as spray foam insulated basement walls. In 2017, updates include new flooring in the upstairs unit as well as resurfacing of driveway Most recently, 2018, topsoil has been added to regrade the landscape, as well as new basement windows and new deck under the storage shed. An excellent opportunity to own a rental property in the heart of St. Albans City!

Last Agent to Sell the Property

Matt Lumsden

Matt Lumsden Real Estate License #081.0083019 Listed on: 07/06/2018

Last Buyer's Agent

Margo Casco

Coldwell Banker Hickok and Boardman

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1884

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Washer and Dryer, Unit 1.

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $5,343
  • Gross Income $25,800
  • Net Operating Income $20,557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,590

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From North Street, turn West onto Stowell Street. House is on the left.
  • Construction: Existing
  • Items Excluded: Washer and Dryer, Unit 1.
  • Total Stories: 2
  • Price Per Sq Ft: 111.3
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2662
  • Sq Ft - Apx Total Finished: 1752
  • Property Type: Multi-Family
  • Year Built: 1884
  • Remarks Public: This two-unit, multi-family home is within walking distance to schools, shopping and restaurants. There have been recent updates in 2015, including reconstructed front and back porches, sheetrock ceiling in living room in both units and gable end vents to attic. In 2016, blown in cellulose insulation was installed in all exterior walls and attic, as well as spray foam insulated basement walls. In 2017, updates include new flooring in the upstairs unit as well as resurfacing of driveway Most recently, 2018, topsoil has been added to regrade the landscape, as well as new basement windows and new deck under the storage shed. An excellent opportunity to own a rental property in the heart of St. Albans City!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 1752
  • Sq Ft - Apx Unfinished BG: 910

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Aluminum
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned, Separate
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Electric Company: Green Mountain Powerl
  • 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

Fee Information

  • Tax Class: Non-Homestead

Schools

  • 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: 6098
  • Lot Acres: 0.14
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 271
  • Deed Page: 34
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 25800
  • Net Income: 20557
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3590.28
  • Tax Year: 2018

MLS Schools

  • School Middle Jr: St. Albans City School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Sep 2, 2015
Sold by
Desjardins Pierre R and Rice Christine M
Seller's Agent
House Agent
Four Seasons Sothebys Intl Realty
Buyer's Agent
Karen Golden
KW Vermont
List Price
$159,900
Sold Price
$157,900
Premium/Discount to List
-$2,000
-1.25%
Current Estimated Value
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,100
Avg. Annual Appreciation
5.94%

Purchase Details

Listed on
Sep 24, 2014
Closed on
Aug 12, 2015
Sold by
Thompson Daniel P and Thompson Patricia B
Bought by
Desjardins Pierre E and Rice Christine M
Seller's Agent
House Agent
Four Seasons Sothebys Intl Realty
Buyer's Agent
Karen Golden
KW Vermont
List Price
$159,900
Sold Price
$157,900
Premium/Discount to List
-$2,000
-1.25%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Choiniere Fabio B
Bought by
Thompson Daniel P and Thompson Patricia B

Purchase Details

Closed on
Nov 22, 1988
Sold by
Roy Clark
Bought by
Choiniere Fabio B and Choiniere Lucille G
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
-- -- --
Desjardins Pierre E $157,900 --
Thompson Daniel P $142,000 --
Choiniere Fabio B $45,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $195,000 0.0% $111 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $195,000 +23.5% $111 / Sq Ft
08/11/2015 08/11/15 Sold $157,900 -1.3% $87 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $159,900 -- $88 / 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 $3,968 $141,300 $42,300 $99,000
2020 $3,968 $141,300 $42,300 $99,000
2019 $2,907 $141,300 $42,300 $99,000
2018 $0 $141,300 $42,300 $99,000
2017 $0 $141,300 $42,300 $99,000
2016 -- $141,300 $42,300 $99,000
2015 -- $1,413 $0 $0
2014 -- $1,413 $0 $0
2013 -- $1,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4705187

PrimeMLS

APN: 549-173-10459