NOT LISTED FOR SALE

20 N Main St Waterbury, VT 05676

Estimated Value: $413,000 - $457,000

4 Beds
3 Baths
2,590 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $380,000 $147 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,914/month

67 Days on Market

Highlights

  • Ski Accessible
  • New Englander Architecture
  • Enclosed Patio or Porch
  • Waitsfield Elementary School Rated A
  • 1 Car Detached Garage
  • 4-minute walk to Rusty Parker Memorial Park

About This Home

As of August 2022

$5,000 seller credit to Buyer! Situated on a pleasant stretch of newly renovated North Main Street in historic Waterbury Village, this well-maintained 3-unit property boasts a solid rental history. Owners’ upgrades; including new propane heating systems, separated electrical services, and added insulation; make this an ideal opportunity for the investor or primary homebuyer with a vision. The main level features a common front porch, vestibule, and huge (about 1200sf) 2-bedroom unit with mudroom, bonus room/office, and washer/dryer hookup. The second level is configured with two 1-bedroom apartments, each with its own entrance from the exterior. Other highlights include a spacious, level lot with well-paved driveway and ample parking spaces, plus a detached garage for common storage. Flanked by a lovely landmark inn and a popular corner bakery, this residence is surrounded by properties of quality and character. With high walkability to everything Waterbury Village has to offer and only seconds by car to the Waterbury Rotary and I-89, this prime location is hard to beat. Also listed as residential home under MLS# 4910015. For the most up-to-date status on this property, contact Listing Agent Rich Drill at 802-505-0572.

Last Agent to Sell the Property

Richard Drill

KW Vermont-Stowe License #081.0118818 Listed on: 05/09/2022

KW Vermont-Stowe

Last Buyer's Agent

Nicole Talbert

Ridgeline Real Estate License #082.0134590

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,461

Year Built

  • Built in 1885

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outbuilding

Schools

  • Brookside Elementary School
  • Crossett Brook Middle School
  • Harwood Union High School

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Propane
  • Oil Water Heater
  • Shared Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants' personal property inc. dishwasher in Apt. 1 and washer/dryer if present.

Community Details

Overview

  • 3 Units

Recreation

  • Trails
  • Ski Accessible

Building Details

  • Operating Expense $17,303
  • Gross Income $37,678
  • Net Operating Income $20,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,461

Year Built

Built in 1885

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: From I-89, take Exit 10 toward Waterbury. Take second exit off Rotary (under RR bridge) to North Main St. Property on right after Winooski St. Building is between The Old Stagecoach Inn and Hender's Bakery.
  • Assessment Amount: 245000
  • Assessment Year: 2017
  • Construction: Existing
  • Items Excluded: Tenants' personal property inc. dishwasher in Apt. 1 and washer/dryer if present.
  • Total Stories: 2
  • Price Per Sq Ft: 146.72
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3566
  • Sq Ft - Apx Total Finished: 2590
  • Year Built: 1885
  • Remarks Public: $5,000 seller credit to purchaser toward cosmetic upgrades. Situated on a pleasant stretch of newly renovated North Main Street (Not in flood zone) in historic Waterbury Village, this well-maintained 3-unit property boasts a solid rental history. Owners’ upgrades; including new propane heating systems, separated electrical services, and added insulation; make this an ideal opportunity for the investor or primary homebuyer with a vision. The main level features a common front porch, front foyer, and huge (about 1200sf) 2-bedroom unit with mudroom, bonus room/office, and washer/dryer hookup. The second level is configured with two 1-bedroom apartments, each with its own entrance from the exterior. Other highlights include a spacious, level lot with well-paved driveway and ample parking spaces, plus a detached garage for common storage. Flanked by a lovely landmark inn and a popular corner bakery, this residence is surrounded by properties of quality and character. With high walkability to everything Waterbury Village has to offer and only seconds by car to the Waterbury Rotary and I-89, this prime location is hard to beat. Also listed as residential home under MLS# 4910015.
  • List Agent: 22877
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2590
  • Sq Ft - Apx Unfinished BG: 976

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Unknown
  • Features Exterior: Outbuilding, Porch - Enclosed, Storage

Garage/Parking

  • Garage Capacity: 1
  • Parking: Off Street, On-Site, Parking Spaces 3 - 5, Paved
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Fred's
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil, Shared, Tank
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air, Wall Furnace
  • Electric Company: GMP
  • Phone Company: Consolidated
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Heat Units: 5
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Cans
  • Utilities: Cable - Available, Dsl - Available, Gas - Lp/Bottle, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Washington West
  • Elementary School: Brookside Elementary School
  • Middle School: Crossett Brook Middle School
  • High School: Harwood Union High School
  • Elementary School: Brookside Elementary School
  • High School: Harwood Union High School

Lot Info

  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: City Lot, Level, Neighbor Business, Ski Area, Trail/Near Trail
  • Surveyed: Unknown
  • Zoning: Village Mixed Residential
  • Deed Book: 409
  • Deed Page: 219
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 37678
  • Net Income: 20375
  • Sale Includes: Garage, Building
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5461.04
  • Tax Year: 2022

MLS Schools

  • School District: Washington West
  • School Middle Jr: Crossett Brook Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Aug 31, 2022
Sold by
Bucossi William L and Fontaine Roland F
Bought by
Dussinger Kenneth and Penswick Jennifer
Seller's Agent
Richard Drill
KW Vermont-Stowe
Buyer's Agent
Nicole Talbert
Ridgeline Real Estate
List Price
$479,000
Sold Price
$380,000
Premium/Discount to List
-$99,000
-20.67%
Current Estimated Value
$435,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,084
Avg. Annual Appreciation
4.10%
Source: Public Records

Range of Values:

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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
Dussinger Kenneth $380,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $380,000 -13.4% $147 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/15/2022 06/15/22 Price Changed $439,000 -4.4% $169 / Sq Ft
05/31/2022 05/31/22 Price Changed $459,000 -4.2% $177 / Sq Ft
05/09/2022 05/09/22 For Sale $479,000 -- $185 / 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 $6,527 $245,000 $79,200 $165,800
2023 $4,503 $245,000 $79,200 $165,800
2022 $5,461 $245,000 $79,200 $165,800
2021 $5,585 $245,000 $79,200 $165,800
2020 $5,496 $245,000 $79,200 $165,800
2019 $5,292 $245,000 $79,200 $165,800
2018 $5,030 $245,000 $79,200 $165,800
2017 $4,966 $245,000 $79,200 $165,800
2016 $5,053 $245,000 $79,200 $165,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4908712

PrimeMLS

APN: 696-221-10869