NOT LISTED FOR SALE

222 Gage St Bennington, VT 05201

Estimated Value: $145,000 - $172,706

4 Beds
2 Baths
1,440 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $117,000 $81 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,052/month

418 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Vinyl Flooring
  • Interior Lot
  • High Speed Internet
  • 3-minute walk to Bennington Elementary Playground

About This Home

As of May 2023

In-town duplex with (2) two bedrooms apartments. Rents include trash & heat (one boiler) and are going up to $1,200/month starting April 1st... increasing gross income by $510/month! Walkable location, close to downtown shops/bars/restaurants, schools, neighborhood grocery stores, and pharmacies. Both units are occupied, tenants have month-to-month agreements and would like to stay. Each apartment has nice laminate wood floors throughout, with a living room, kitchen, two bedrooms, and one bathroom. Downstairs unit has tub/shower, upstairs only has a shower. Laundry hook-ups inside each unit (tenants own the washers/dryers). In the basement there's a NEW boiler and 2 NEW electric hot water tanks (both Dec 2020), town water, and separate circuit breaker panels. Outside, there is a brand NEW chimney (April 2023) and NEW sewer line (Jan 2022). Tenants pay their own electric, hot water, and cable/internet. If you want units to pay their own eat, explore options for installing a second boiler or heat pump mini splits. On the exterior is a slate roof, aluminum siding, a mix of wood and vinyl replacement windows, and a covered front porch. Off street parking for 2 cars. With low taxes and many recent improvements, this turn-key property will create cash flow year after year. This property could qualify for FHA or VA financing.

Last Agent to Sell the Property

Jenifer Prouty Hoffman

Hoffman Real Estate Brokerage Email: Jenifer@HoffmanVTRealEstate.com License #081.0113415 Listed on: 02/12/2022

Last Buyer's Agent

Jenifer Prouty Hoffman

Hoffman Real Estate Brokerage Email: Jenifer@HoffmanVTRealEstate.com License #081.0113415 Listed on: 02/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,495

Year Built

  • Built in 1908

Lot Details

  • 2,178 Sq Ft Lot
  • Interior Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,440 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

  • 2 Car Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bennington Elementary School
  • Mt. Anthony Union Middle Sch
  • Mt. Anthony Sr. Uhsd 14 High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Crm / Hale Association

Listing and Financial Details

  • Exclusions: Tenants own the washers & dryers.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,495

Year Built

Built in 1908

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From the "Four Corners" downtown, head north on Route 7/North Street. Turn right onto Gage St. Property is on the left, just past Sacred Heart School playground. Park on street or at the end of the driveway/Right-of-Way.
  • Flood Zone: Yes
  • Footprint: 20' x 36'
  • Construction: Existing
  • Items Excluded: Tenants own the washers & dryers.
  • Total Stories: 2
  • Price Per Sq Ft: 81.25
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2160
  • Sq Ft - Apx Total Finished: 1440
  • Year Built: 1908
  • List Agent: 12936
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Full, Stairs - Interior, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 1440
  • Sq Ft - Apx Unfinished BG: 720

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Aluminum
  • Foundation: Brick, Concrete
  • Roads: Paved, Public
  • Roof: Slate
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway, Off Street, Parking Spaces 2

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Greene's Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Separate, Tank
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: Green Mtn Power
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Condo/Co-op/Association

  • Management Company: CRM / Hale

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Bennington Elementary School
  • High School: Mt. Anthony Sr. UHSD 14

Lot Info

  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Lot Description: Interior Lot, Level, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: VR
  • Deed Book: 538
  • Deed Page: 131
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2022-2023
  • Tax Gross Amount: 2494.58
  • Tax Year: 2022

Multi Family

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

MLS Schools

  • School District: Southwest Vermont
  • School Middle Jr: Mt. Anthony Union Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
May 26, 2023
Sold by
Werner David A and Werner Tanisha T
Bought by
A & T Money Llc
Seller's Agent
Jenifer Prouty Hoffman
Hoffman Real Estate
Buyer's Agent
Jenifer Prouty Hoffman
Hoffman Real Estate
List Price
$105,000
Sold Price
$117,000
Premium/Discount to List
$12,000
11.43%
Views
501
Current Estimated Value
$157,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,927
Avg. Annual Appreciation
11.61%

Purchase Details

Listed on
May 22, 2019
Closed on
Oct 7, 2019
Sold by
Bahr David B
Bought by
Werner David A and Werner Tanisha T
Seller's Agent
Lilli West
Maple Leaf Realty
Buyer's Agent
Maria Scully
KW Vermont - Brenda Jones Real Estate Group
List Price
$95,000
Sold Price
$77,000
Premium/Discount to List
-$18,000
-18.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%

Purchase Details

Listed on
May 4, 2015
Closed on
Mar 8, 2017
Sold by
Pascucci Matthew
Bought by
Bahr David B
Seller's Agent
Suzan Yucht
Mahar McCarthy Real Estate
Buyer's Agent
Lilli West
Maple Leaf Realty
List Price
$79,900
Sold Price
$59,500
Premium/Discount to List
-$20,400
-25.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
A & T Money Llc $117,000 --
A & T Money Llc $117,000 --
A & T Money Llc $117,000 --
Werner David A $77,000 --
Werner David A $77,000 --
Werner David A $77,000 --
Bahr David B -- --
Bahr David B -- --
Bahr David B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $117,000 +11.4% $81 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $105,000 0.0% $73 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $105,000 -4.5% $73 / Sq Ft
01/01/2023 01/01/23 For Sale $109,900 0.0% $76 / Sq Ft
01/01/2023 01/01/23 Price Changed $109,900 -6.1% $76 / Sq Ft
01/01/2023 01/01/23 Off Market $117,000 -- --
08/04/2022 08/04/22 For Sale $115,000 0.0% $80 / Sq Ft
08/04/2022 08/04/22 Price Changed $115,000 -1.7% $80 / Sq Ft
04/28/2022 04/28/22 Off Market $117,000 -- --
04/27/2022 04/27/22 For Sale $129,500 0.0% $90 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $129,500 0.0% $90 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $129,500 +68.2% $90 / Sq Ft
10/07/2019 10/07/19 Sold $77,000 -14.0% $53 / Sq Ft View Prior Sale
08/26/2019 08/26/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $89,500 -5.8% $62 / Sq Ft
05/22/2019 05/22/19 For Sale $95,000 +59.7% $66 / Sq Ft
03/08/2017 03/08/17 Sold $59,500 -25.5% $41 / Sq Ft View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
05/04/2015 05/04/15 For Sale $79,900 0.0% $55 / Sq Ft
03/06/2012 03/06/12 Rented $795 -6.5% --
02/05/2012 02/05/12 Under Contract -- -- --
09/16/2011 09/16/11 For Rent $850 -- --
Source: PrimeMLS

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 $2,864 $81,400 $9,500 $71,900
2023 $2,667 $81,400 $9,500 $71,900
2022 $2,074 $81,400 $9,500 $71,900
2021 $1,330 $81,400 $9,500 $71,900
2020 $2,032 $81,400 $9,500 $71,900
2019 $1,955 $81,400 $9,500 $71,900
2018 $1,919 $81,400 $9,500 $71,900
2017 $2,265 $81,400 $9,500 $71,900
2016 $2,431 $105,900 $12,600 $93,300
2015 -- $1,059 $0 $0
2014 -- $1,059 $0 $0
2013 -- $1,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4897851

PrimeMLS

APN: (015)50-52-67-00

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