NOT LISTED FOR SALE

192 Main St Montpelier, VT 05602

Estimated Value: $390,000 - $466,000

4 Beds
3 Baths
1,754 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $279,000 $159 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,580/month

2 Days on Market

Highlights

  • Deck
  • Porch
  • High Speed Internet
  • Main Street School Rated A-
  • Asbestos
  • Historic Home

About This Home

As of August 2020

Walkable downtown Montpelier 3 Unit available with many upgrades! Live in the first floor 2 Bedroom and let the 2nd and 3rd floor apartments pay your mortgage! 1st Floor 2 Bedroom apartment offers an elegant living room which flows into the dining room, with a private porch. The kitchen is in the back of the building with the 2 bedrooms and the full bath with clawfoot tub! 2nd Floor is a 1 Bedroom with a 3/4 bath and living/dining space. The third floor Studio apartment has a great deck/porch off the back. The kitchen living space is combined and the sleeping space is on the other side of the loft. Seller has added many updates in the 10+ years of ownership. Heat pumps for heating and cooling on the first and 3rd floors. Pellet stove and Rinnais on the first floor, and Rinnais throughout. Tenants pay their own utilities. Great as an owner occupied or as investment property. These don't come on the market often, so make an appointment to see it soon!

Last Agent to Sell the Property

JC Earle

EXP Realty Brokerage Phone: 802-485-9900 License #082.0129440 Listed on: 06/10/2020

EXP Realty

Last Buyer's Agent

Lucy Ferrada

Heney Realtors - Element Real Estate (Montpelier)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Sloped Up
  • Historic Home

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Shingle Siding
  • Shake Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 1,754 Sq Ft Home
  • 3-Story Property
  • Stove

Unfinished Basement

  • Heated Basement
  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Union Elementary School
  • Main Street Middle School
  • Montpelier High School

Utilities

  • Mini Split Air Conditioners
  • Pellet Stove burns compressed wood to generate heat
  • Heat Pump System
  • Heating System Uses Oil
  • Separate Meters
  • 200+ Amp Service
  • Propane
  • Separate Water Meter
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $4,558
  • Gross Income $31,560
  • Net Operating Income $21,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,550

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Historic Vintage
  • Directions: From the corner of State and Main Street in Downtown Montpelier, head north on Main Street. Go to the right at the round about to stay on Main St. 192 Main St. will be on the left .5 miles from the intersection of Main and State.
  • Footprint: 22' X 38'
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 159.06
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2146
  • Sq Ft - Apx Total Finished: 1754
  • Year Built: 1890
  • List Agent: 280657
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Climate Controlled, Concrete Floor, Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 1754
  • Sq Ft - Apx Unfinished BG: 392

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Asbestos, Shake, Shingle
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Unknown
  • Features Exterior: Deck, Porch

Garage/Parking

  • Parking: Parking Spaces 2

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Blue Flame Gas
  • Sewer: Public
  • Water: Metered, Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Oil, Pellet
  • Heating: Heat Pump, Hot Air, Stove - Pellet
  • Cooling: Mini Split
  • Electric Company: Green Mountain Power
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 6
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Curbside
  • Utilities: Dsl - Available, Gas - Lp/Bottle, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Union Elementary School
  • High School: Montpelier High School

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: Sloping
  • Surveyed: Unknown
  • Zoning: Res 3000
  • Deed Book: 578
  • Deed Page: 233 - 234
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 31560
  • Net Income: 21542
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5549.68
  • Tax Year: 2019

MLS Schools

  • School District: Montpelier School District
  • School Middle Jr: Main Street Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2009
Sold by
Myrick Andrew R
Bought by
Andes Mary J
Current Estimated Value
$424,760

Purchase Details

Closed on
Feb 25, 2005
Sold by
Williamstown Equity Partners Llc
Bought by
Myrick Andrew R and Myrick Deonne P

Purchase Details

Closed on
Jun 2, 2003
Sold by
Gumpert James S
Bought by
Williamstown Equity Partners Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andes Mary J $205,000 --
Myrick Andrew R $109,000 --
Williamstown Equity Partners Llc $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $279,000 0.0% $159 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $279,000 -- $159 / 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 $4,268 $273,000 $78,200 $194,800
2023 $3,339 $273,000 $78,200 $194,800
2022 $5,695 $185,200 $38,700 $146,500
2021 $5,722 $185,200 $38,700 $146,500
2020 $5,653 $185,200 $38,700 $146,500
2019 $5,383 $185,200 $38,700 $146,500
2018 $5,179 $185,200 $38,700 $146,500
2017 $5,060 $185,200 $38,700 $146,500
2016 $4,893 $185,200 $38,700 $146,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4809991

PrimeMLS

APN: 405-126-11298