NOT LISTED FOR SALE

1703 Ethan Allen Hwy Fairfax, VT 05454

Estimated Value: $366,155 - $478,000

5 Beds
3 Baths
3,653 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $270,000 $74 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,778/month

35 Days on Market

Highlights

  • Mountain View
  • 2 Car Attached Garage
  • Hot Water Heating System
  • Post and Beam
  • Landscaped
  • Level Lot

About This Home

As of August 2018

Fantastic tri-plex allows you to owner-occupy and put this property to work for you! This 3 unit property is on a large lot offering plenty of parking and yard space The owners have taken great care over the years to renovate the units and create a maintenance free investment in this post and beam triplex. Each unit has been updated, some updates include electrical, kitchens, flooring, windows, roof, heating systems, plumbing, and one unit has central air and central vac, concrete driveway sidewalks and porches. Close to the interstate with good rental history. Large usable attic and expansion space. Attached garage. Nicely updated units boast a strong rental history. Schedule your showing today, this amazing opportunity won't last long!

Last Agent to Sell the Property

Cathy Wood

Signature Properties of Vermont License #082.0003529 Listed on: 05/17/2018

Last Buyer's Agent

Don Marcelino

The Marcelino Team License #081.0002250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1890

Lot Details

  • 0.93 Acre Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Post and Beam
  • Concrete Foundation
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,653 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Individual Controls for Heating
  • 220 Volts
  • 100 Amp Service
  • Shared Water Source
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Mound Septic
  • Septic Tank

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $500
  • Gross Income $33,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: I-89 to exit 18 --> North on Rte. 7 --> 2nd building on left
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 73.91
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3653
  • Sq Ft - Apx Total Finished: 3653
  • Year Built: 1890
  • Remarks Public: Fantastic tri-plex allows you to owner-occupy and put this property to work for you! This 3 unit property is on a large lot offering plenty of parking and yard space The owners have taken great care over the years to renovate the units and create a maintenance free investment in this post and beam triplex. Each unit has been updated, some updates include electrical, kitchens, flooring, windows, roof, heating systems, plumbing, and one unit has central air and central vac, concrete driveway sidewalks and porches. Close to the interstate with good rental history. Large usable attic and expansion space. Attached garage. Nicely updated units boast a strong rental history. Schedule your showing today, this amazing opportunity won't last long!
  • List Agent: 1835
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Crawl Space, Partial
  • Sq Ft - Apx Finished AG: 3653

Exterior Features

  • Construction: Post and Beam, Timber Frame
  • Driveway: Concrete, Crushed Stone
  • Exterior: Vinyl
  • Foundation: Concrete, Slab w/ Frost Wall, Stone
  • Road Frontage: Yes
  • Roads: Association, Paved, Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp, 220 Volt, Circuit Breaker(s)
  • Sewer: 1500+ Gallon, Mound
  • Water: Drilled Well, Shared
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Gas Heater - Vented, Hot Water, Individual
  • Cooling: Central AC, Individual
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 2
  • Total Refrigerators: 3
  • Total Water Heaters: 3

Fee Information

  • Tax Class: Homestead

Lot Info

  • Lot Sq Ft: 40511
  • Lot Acres: 0.93
  • Lot Description: Country Setting, Landscaped, Level, Mountain View, View
  • Surveyed: Yes
  • Zoning: Residential
  • Deed Book: 98
  • Deed Page: 565

Multi Family

  • Gross Income: 33900
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4547.58
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 24, 2018
Sold by
Not Provided
Bought by
Stone Gordon R and Deanne M Morin Revocable Trust
Seller's Agent
Cathy Wood
Signature Properties of Vermont
Buyer's Agent
Don Marcelino
The Marcelino Team
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$433,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,539
Avg. Annual Appreciation
7.21%
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
Stone Gordon R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $270,000 0.0% $74 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $270,000 -- $74 / 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 -- $250,500 $75,000 $175,500
2023 -- $250,500 $75,000 $175,500
2022 $5,121 $250,500 $75,000 $175,500
2021 $5,291 $250,500 $75,000 $175,500
2020 $5,122 $250,500 $75,000 $175,500
2019 $4,330 $250,500 $75,000 $175,500
2018 $4,727 $250,500 $75,000 $175,500
2017 $4,548 $256,800 $75,000 $181,800
2016 $4,436 $250,500 $75,000 $175,500
Source: Public Records

Agents Affiliated with this Home

  • Cathy Wood

    Seller's Agent in 2018

    Cathy Wood

    Signature Properties of Vermont

    (802) 316-0677

    24 Total Sales

    Cathy Wood
    Section Image
  • Don Marcelino

    Buyer's Agent in 2018

    Don Marcelino

    The Marcelino Team

    (802) 846-8460

    2 in this area

    54 Total Sales

    Don Marcelino
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4694647

PrimeMLS

APN: 237-076-11247

Vermont Franklin County Fairfax 05454

1703 Ethan Allen Hwy, Fairfax, VT

This home is located at 1703 Ethan Allen Hwy, Fairfax, VT 05454 since 17 May 2018 and is currently estimated at $433,539, approximately $118 per square foot. This property was built in 1890. 1703 Ethan Allen Hwy is a home located in Franklin County with nearby schools including Georgia Elementary/Middle School.

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