Seller's Agent in 2021
Amey Ryan
IPJ Real Estate
(802) 989-8156
1 in this area
250 Total Sales
18 S Water St Vergennes, VT 05491
Estimated Value: $634,000 - $710,000
6
Beds
4
Baths
3,877
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Mountain View
- Victorian Architecture
- Balcony
- Wood Flooring
- Covered patio or porch
- 3-minute walk to Town Green
About This Home
As of May 2021A four unit apartment building with positive cash flow is a real investment opportunity! Owner has taken care to keep apartments updated and occupied. There are two apartments with one bedroom, and two apartments with 2 bedrooms. Most of the units have hardwood floors in the main living areas, vinyl in the full bathrooms, some carpet in LL unit. Heat is a single source LP boiler with many zones of baseboard or radiator heating elements. Some new windows, fire escape on 2nd floor, slate and leaded roofing. The building is a beautiful, historic building with ornate details, a side porch and a solid stone foundation. The backyard is fenced and there is plenty of parking behind the building and on the street. Seller will provide an allowance of $20K to be used towards exterior painting. (No showings Tuesday 1-3 or Wednesday 1-3:30)
Last Agent to Sell the Property
IPJ Real Estate License #081.0073670 Listed on: 03/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,655
Year Built
- Built in 1880
Lot Details
- 0.58 Acre Lot
- Partially Fenced Property
- Open Lot
- Lot Sloped Up
- Garden
- Historic Home
Home Design
- Victorian Architecture
- Stone Foundation
- Wood Frame Construction
- Slate Roof
- Metal Roof
- Wood Siding
- Clap Board Siding
Interior Spaces
- 4 Full Bathrooms
- 2-Story Property
- Mountain Views
Flooring
- Wood
- Carpet
- Vinyl
Partially Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Apartment Living Space in Basement
- Basement Storage
Parking
- Gravel Driveway
- Shared Driveway
- On-Street Parking
- On-Site Parking
- Off-Street Parking
- Unassigned Parking
Outdoor Features
- Balcony
- Covered patio or porch
- Outdoor Storage
Schools
- Vergennes UES #44 Elementary School
- Vergennes Uhsd #5 Middle School
- Vergennes Uhsd #5 High School
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 100 Amp Service
- Propane
- Water Heater
Community Details
Overview
- 4 Units
Recreation
- Trails
Building Details
- Operating Expense $25,500
- Gross Income $50,000
- Net Operating Income $30,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2021
Closed on
May 4, 2021
Sold by
Edgewood Property Holdings Llc
Seller's Agent
Amey Ryan
IPJ Real Estate
Buyer's Agent
Scott Hardy
EXP Realty
List Price
$500,000
Sold Price
$516,000
Premium/Discount to List
$16,000
3.2%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,018
Avg. Annual Appreciation
8.14%
Purchase Details
Closed on
Apr 12, 2006
Sold by
Lafave Scott
Bought by
Danyow Penny J
Purchase Details
Closed on
Mar 16, 1987
Sold by
Muniz Cornelia J
Bought by
Kahrs Edward and Kahrs Helen E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $516,000 | -- | |
| -- | $516,000 | -- | |
| -- | $516,000 | -- | |
| Danyow Penny J | $227,500 | -- | |
| Danyow Penny J | $227,500 | -- | |
| Kahrs Edward | $75,000 | -- | |
| Kahrs Edward | $75,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2021 05/04/21 | Sold | $516,000 | +3.2% | $133 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 03/05/2021 03/05/21 | For Sale | $500,000 | -- | $129 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | -- | $292,000 | $52,400 | $239,600 |
| 2023 | -- | $292,000 | $52,400 | $239,600 |
| 2022 | $7,586 | $292,000 | $52,400 | $239,600 |
| 2021 | $7,796 | $292,000 | $52,400 | $239,600 |
| 2020 | $7,655 | $292,000 | $52,400 | $239,600 |
| 2019 | $7,346 | $292,000 | $52,400 | $239,600 |
| 2018 | $6,980 | $292,000 | $52,400 | $239,600 |
| 2016 | $6,654 | $292,000 | $52,400 | $239,600 |
Source: Public Records
Agents Affiliated with this Home
-
Amey Ryan
-
Scott Hardy
Buyer's Agent in 2021
Scott Hardy
EXP Realty
(802) 373-6762
5 in this area
16 Total Sales
Map
Source: PrimeMLS
MLS Number: 4849637
APN: 663-210-10838
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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