$382,000
SOLD SEP 6, 2024
4 Beds
2 Baths
1,832 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

7% Below List Price

133 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Forced Air Heating System
  • Main Street School Rated A-
  • Double Pane Windows
  • 3 Car Garage

About This Home

As of September 2024

A covered porch welcomes you to this wonderful two unit property on First Avenue, just down the street from VCFA campus, tucked away in a great neighborhood. The side-by-side duplex design includes two townhouse style units. Each has a kitchen, living room and dining room on the main level and two bedrooms and a bathroom on the second floor. The basement is divided and each apartment has its own hot air heating system and hot water heater. An old style three bay garage has plank flooring and offers extra storage space. A most convenient location close to all that downtown Montpelier has to offer. Just minutes to schools, shopping, restaurants and Kellogg Hubbard Library. Both sides are currently rented and this property has a strong rental history. Also offers the opportunity to live on one side and let the rent from the adjacent apartment contribute to your cost of ownership.

Last Agent to Sell the Property

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388 Listed on: 03/26/2024

Last Buyer's Agent

Sherrol Potvin

Green Light Real Estate - Barre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,771

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,771

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Directions: Main St. to East State St., right on Hubbard St., left on First Ave. House on left.
  • Flood Zone: Unknown
  • Footprint: 35x26
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 208.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2728
  • Sq Ft - Apx Total Finished: 1832
  • Year Built: 1890
  • Remarks Public: A covered porch welcomes you to this wonderful two unit property on First Avenue, just down the street from VCFA campus, tucked away in a great neighborhood. The side-by-side duplex design includes two townhouse style units. Each has a kitchen, living room and dining room on the main level and two bedrooms and a bathroom on the second floor. The basement is divided and each apartment has its own hot air heating system and hot water heater. An old style three bay garage has plank flooring and offers extra storage space. A most convenient location close to all that downtown Montpelier has to offer. Just minutes to schools, shopping, restaurants and Kellogg Hubbard Library. Both sides are currently rented and this property has a strong rental history. Also offers the opportunity to live on one side and let the rent from the adjacent apartment contribute to your cost of ownership.
  • List Agent: 21353
  • Display On Internet: High Speed Intrnt -Avail, Internet - Cable, DSL – Available
  • Architectural Style: Duplex, Multi-Family
  • ResoLotFeatures: City Lot, Landscaped, Sloping, Street Lights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Rented
  • Flooring: Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Stairs - Interior, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 1832
  • Sq Ft - Apx Unfinished BG: 896

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Architectural, Standing Seam
  • Easements: Yes
  • Features Exterior: Porch - Covered, Windows - Double Pane
  • Construction Type: Wood Frame, Vinyl Exterior, Vinyl Siding

Garage/Parking

  • Garage Capacity: 3
  • Parking: Driveway, Garage, Parking Spaces 4, Paved
  • Garage: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Metered, Public
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Private
  • Utilities: Cable - Available, Telephone At Site
  • Water Source: Metered, Public

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 7841
  • Land Gains: To Be Determined
  • Lot Acres: 0.18
  • Surveyed: Unknown
  • Zoning: Res 3000
  • Deed Book: 345
  • Deed Page: 20
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 2.21
  • Tax Gross Amount: 7770.64
  • Tax Year: 2023

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

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
Mar 26, 2024
Closed on
Sep 6, 2024
Sold by
Neal Lorraine
Bought by
Chapell Seth and Chapell Natalie
Seller's Agent
Tim Heney
Heney Realtors - Element Real Estate (Montpelier)
Buyer's Agent
Sherrol Potvin
Green Light Real Estate - Barre
List Price
$410,000
Sold Price
$382,000
Premium/Discount to List
-$28,000
-6.83%
Total Days on Market
133
Views
310
Current Estimated Value
$389,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,835
Avg. Annual Appreciation
-2.76%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $382,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $382,000 0.0% $209 / Sq Ft
08/23/2024 08/23/24 Off Market $382,000 -- --
08/06/2024 08/06/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $410,000 -- $224 / 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 $5,143 $351,900 $120,600 $231,300
2023 $4,304 $351,900 $120,600 $231,300
2022 $6,540 $212,700 $64,200 $148,500
2021 $6,572 $212,700 $64,200 $148,500
2020 $6,492 $212,700 $64,200 $148,500
2019 $6,182 $212,700 $64,200 $148,500
2018 $5,949 $212,700 $64,200 $148,500
2016 $5,620 $212,700 $64,200 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4989171

PrimeMLS

APN: 405-126-12233