NOT LISTED FOR SALE

Estimated Value: $391,748

4 Beds
3 Baths
1,754 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: August 21, 2020

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

Est. 40% increase in value since last sale

Current estimated payment $2,452 / mo

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

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

Last Buyer's Agent

Lucy Ferrada

Heney Realtors - Element Real Estate (Montpelier)

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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
  • Heating System Uses Oil
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • 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

6,534 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Aug 21, 2020
Sold by
Bought by
Seller's Agent
JC Earle
Buyer's Agent
Lucy Ferrada
Heney Realtors - Element Real Estate (Montpelier)
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$391,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,748
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2003
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$279,000 --
$205,000 --
$109,000 --
$45,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,640 $273,000 $78,200 $194,800
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 $5,179 $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 $0 $185,200 $38,700 $146,500
2015 -- $1,852 $0 $0
2014 -- $1,852 $0 $0
2013 -- $1,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4809991

PrimeMLS

APN: 405-126-11298

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