NOT LISTED FOR SALE

2 N Franklin St Unit 8 Montpelier, VT 05602

Estimated Value: $275,000 - $313,753

2 Beds
1 Bath
872 Sq Ft
$175/mo HOA Fee

Last Sold July 21, 2023

Last sale price $310,000 $356 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,971/month

5 Days on Market

Highlights

  • End Unit
  • Ground Level Unit
  • No Interior Steps
  • Main Street School Rated A-
  • Bathtub
  • Accessible Parking

About This Home

As of July 2023

Centrally located in the heart of Montpelier with first floor one level living. Easy and comfortable with no steps. This east facing end unit offers a large open living room/dining area with adjacent well equipped kitchen with lots of cabinet space. There are two bedrooms and ample closets including a laundry closet with stackable Washer/dryer. Heat efficiently with no fossil fuels. The energy efficient storage heating system is simple to operate and most cost effective. This condominium association has a solid record managing the property well and has maintained reasonable monthly fees. Enjoy living in the Lane Shops neighborhood, just across the nearby pedestrian bridge from Birchgrove Baking and Meadow Mart. Downtown shops, the Library and Hubbard Park are close too.

Last Agent to Sell the Property

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388 Listed on: 05/31/2023

Last Buyer's Agent

Michele Smedy

KW Vermont - Barre

KW Vermont - Barre

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1987

Lot Details

  • 566

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Paved Parking
  • On-Site Parking
  • Visitor Parking
  • Assigned Parking

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting
  • Accessible Parking
  • Ramped or Level from Garage

Schools

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

Utilities

  • Baseboard Heating
  • 200+ Amp Service
  • Separate Water Meter
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • End Unit
  • Ground Level Unit

Community Details

  • Association fees include landscaping, plowing, trash
  • Foundry Condos

Listing and Financial Details

  • 3% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,836

Year Built

Built in 1987

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Status Detail: Closed
  • Style: End Unit, Ground Floor
  • Directions: Main St. through roundabout, take first left on Franklin St. before Main Street Middle School. From Franklin turn onto Cross St., then quick left on North Franklin. Left into parking area, end unit on right side of building.
  • Flood Zone: Yes
  • Footprint: 28x30
  • Units per Building: 16
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 355.5
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1987
  • List Agent: 21353
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range - Electric, Refrigerator, Washer
  • Features Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, Access Laundry No Steps, Access Parking, Bathroom w/Tub, Low Pile Carpet, No Stairs, No Stairs from Parking, Paved Parking, 1st Floor Laundry
  • Features Interior: Laundry Hook-ups, Living/Dining, Laundry - 1st Floor
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Slab
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bedroom
  • Room 1: Living Room, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Primary Bedroom, On Level: 1
  • Room 5: 1
  • Room 6: Bath - Full, On Level: 1
  • Sq Ft - Apx Finished AG: 872
  • Sq Ft - Apx Total: 872
  • Sq Ft - Apx Total Finished: 872

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl, Vinyl Siding
  • Foundation: Concrete, Slab - Concrete
  • Roads: Paved, Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Assigned, On-Site, Parking Spaces 1, Paved, Visitor

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Metered, Public
  • Water: Metered, Public
  • Water Heater: Tank
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Electric Company: GMP
  • Utilities: Cable - At Site, High Speed Intrnt -Avail, Internet - Cable, Telephone At Site

Condo/Co-op/Association

  • Restrictions: Pets - Other
  • HOA Fee Frequency: Monthly
  • Fee: 175
  • Fee Includes: Landscaping, Plowing, Trash
  • Condo Fees: Yes
  • Condo Name: Foundry

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Description: Condo Development, Level
  • Surveyed: Unknown
  • Zoning: Res 1500
  • Deed Book: 463
  • Deed Page: 134
  • Deed Recorded Type: Quit Claim
  • Unit/Lot Number: 8

Tax Info

  • Tax Rate: 3.17
  • Tax Gross Amount: 3835.84
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 21, 2023
Sold by
Koenemann Dona M and Koenemann Edward J
Bought by
Byrnes Catherine
Seller's Agent
Tim Heney
Heney Realtors - Element Real Estate (Montpelier)
Buyer's Agent
Michele Smedy
KW Vermont - Barre
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
Views
17
Current Estimated Value
$296,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,562
Avg. Annual Appreciation
-1.95%
Source: Public Records

Range of Values:

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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
Byrnes Catherine $310,000 --
Byrnes Catherine $310,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $310,000 +8.8% $356 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $285,000 -- $327 / 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 $2,931 $134,500 $0 $134,500
2023 $1,645 $134,500 $0 $134,500
2022 $3,727 $121,200 $0 $121,200
2021 $3,745 $121,200 $0 $121,200
2020 $3,700 $121,200 $0 $121,200
2019 $3,523 $121,200 $0 $121,200
2018 $3,390 $121,200 $0 $121,200
2016 $3,202 $121,200 $0 $121,200
Source: Public Records

Agents Affiliated with this Home

  • Tim Heney

    Seller's Agent in 2023

    Tim Heney

    Heney Realtors - Element Real Estate (Montpelier)

    (802) 522-5260

    173 Total Sales

    Tim Heney
    Section Image
  • Michele Smedy

    Buyer's Agent in 2023

    Michele Smedy

    KW Vermont - Barre

    (802) 479-3366

    39 Total Sales

    Michele Smedy
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4954990

PrimeMLS

APN: 405-126-11695

Vermont Washington County Montpelier 05602

2 N Franklin St Unit 8, Montpelier, VT

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