NOT LISTED FOR SALE

21 Spruce St Saint Johnsbury, VT 05819

Estimated Value: $191,000 - $243,000

7 Beds
3 Baths
2,759 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $170,000 $62 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,463/month

12 Days on Market

Highlights

  • Softwood Flooring
  • 1 Car Attached Garage
  • High Speed Internet
  • Covered Patio or Porch
  • Interior Lot

About This Home

As of July 2022

This three unit apartment building has been in the hands of this owner for approximately 30 years. Improvements over the years of ownership include windows, vinyl siding, sheetrock walls, flooring, fuel oil tank, hot water heater, electrical. Located a little more than a "skip and a jump" from Main Street, this has a walk-to everything location. All units are occupied; tenants are up to date on rents; good parking area; all units have covered porches; all units have three bedrooms and are in good condition -- the 3rd floor unit is completely remodeled; 2nd egress for each unit; all heat is separate; all electric is separate. This is a good opportunity to invest into a turn-key property with an excellent location near St Johnsbury Academy, Fairbanks Museum, Bowling Alley, Churches, Stores, Restaurants. Call for your appt with 48 hr notice required for tenants.

Last Agent to Sell the Property

Rosemary Gingue

Begin Realty Associates License #081.0004447 Listed on: 05/31/2022

Last Buyer's Agent

Connie Sleath

Coldwell Banker LIFESTYLES - Hanover License #081.0044893

Coldwell Banker LIFESTYLES - Hanover

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Interior Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Unpaved Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Flooring

  • Softwood
  • Carpet
  • Laminate
  • Tile
  • Vinyl Plank

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Covered Patio or Porch

Schools

  • St. Johnsbury Schools Elementary And Middle School
  • Choice High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Separate Water Meter
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Dishwasher on 2nd FL Belongs to Tenant; Washer & Dryer in Basement Belongs to 1st FL tenant

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $20,400
  • Net Operating Income $14,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,408

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Level
  • Directions: Heading north on Main Street in St. Johnsbury, bear right at the Fountain, turn right onto Spruce St. House is on the left. From Railroad St, turn onto Maple St, turn right onto North Ave which turns into Spruce St, property on right. Sign
  • Footprint: 52x19
  • Construction: Existing
  • Items Excluded: Dishwasher on 2nd FL Belongs to Tenant; Washer & Dryer in Basement Belongs to 1st FL tenant
  • Total Stories: 3
  • Price Per Sq Ft: 61.62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3953
  • Sq Ft - Apx Total Finished: 2759
  • Year Built: 1900
  • List Agent: 22164
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Softwood, Tile, Vinyl Plank
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Dirt Floor, Full, Stairs - Interior, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 2759
  • Sq Ft - Apx Unfinished AG: 100
  • Sq Ft - Apx Unfinished BG: 1094

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Poured Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal, Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, On-Site, Parking Spaces 4, Unpaved
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Cable Company: Spectrum
  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Metered, Public
  • Water: Metered, Public
  • Water Heater: Gas - LP/Bottle, Separate
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Gas Heater, Gas Heater - Vented, Hot Air
  • Electric Company: Green Mountain Power
  • Phone Company: ConsolidatedCommunication
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Tenant
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: St. Johnsbury Schools
  • High School: Choice

Lot Info

  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: Interior Lot, Level
  • Surveyed: Unknown
  • Zoning: Residential B
  • Deed Book: 186
  • Deed Page: 55
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 20400
  • Net Income: 14000
  • Total Full Baths: 3
  • Total Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 3407.58
  • Tax Year: 2021

MLS Schools

  • School Middle Jr: St. Johnsbury Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 12, 2022
Sold by
Jones Howard E and Jones Koleen G
Bought by
Hsieh Huai Yen
Seller's Agent
Rosemary Gingue
Begin Realty Associates
Buyer's Agent
Connie Sleath
Coldwell Banker LIFESTYLES - Hanover
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Current Estimated Value
$216,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,259
Avg. Annual Appreciation
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hsieh Huai Yen $170,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $170,000 +3.0% $62 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $165,000 -- $60 / 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 $3,951 $105,400 $21,200 $84,200
2023 $3,353 $105,400 $21,200 $84,200
2022 $2,719 $105,400 $21,200 $84,200
2021 $2,772 $105,400 $21,200 $84,200
2020 $2,763 $105,400 $21,200 $84,200
2019 $2,899 $121,690 $25,500 $96,190
2018 $2,125 $121,690 $25,500 $96,190
2016 $2,757 $121,690 $25,500 $96,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4912749

PrimeMLS

APN: 558-176-11631