NOT LISTED FOR SALE

234 Prim Rd Colchester, VT 05446

Estimated Value: $403,000

4 Beds
2 Baths
1,920 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $397,000 $207 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,599/month

51 Days on Market

About This Home

As of June 2022

Conveniently located side-by-side Colchester duplex! Each unit has 2 bedrooms plus a bonus space perfect for an office! In addition, each unit includes a spacious living area with open layout to the dine-in kitchen. The large bedrooms on the upper level offer plenty of natural light and privacy. Many updates including newer kitchens, flooring, heaters, paint, doors, and much more. Enjoy entertaining in the large, private backyard with storage shed. The home is situated on a lovely .22 acre lot within walking distance to Malletts Bay, public beaches, parks, boat launch, schools, and the bike path. Don’t miss out on this wonderful investment opportunity!

Last Agent to Sell the Property

Flex Realty Group

Flex Realty Listed on: 03/11/2022

Last Buyer's Agent

Gail Beck

Matt Lumsden Real Estate License #082.0082404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,920 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Outdoor Features

  • Outbuilding

Schools

  • Porters Point Elementary School
  • Colchester Middle School
  • Colchester High School

Utilities

  • Heating System Uses Oil
  • Water Heater Leased
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $9,239
  • Gross Income $37,800
  • Net Operating Income $28,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,828

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From Burlington, take VT-127 N continue to Prim Road, on Left. From Colchester: Rte 127 to Prim Road. Duplex is on the left. See sign.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 206.77
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1920
  • Sq Ft - Apx Total Finished: 1920
  • Year Built: 1972
  • Remarks Public: Conveniently located side-by-side Colchester duplex! Each unit has 2 bedrooms plus a bonus space perfect for an office! In addition, each unit includes a spacious living area with open layout to the dine-in kitchen. The large bedrooms on the upper level offer plenty of natural light and privacy. Many updates including newer kitchens, flooring, heaters, paint, doors, and much more. Enjoy entertaining in the large, private backyard with storage shed. The home is situated on a lovely .22 acre lot within walking distance to Malletts Bay, public beaches, parks, boat launch, schools, and the bike path. Don’t miss out on this wonderful investment opportunity!
  • List Agent: 282458
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate
  • Total Rooms Above Ground: 8
  • Sq Ft - Apx Finished AG: 1920

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Composition
  • Foundation: Slab - Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Partial, Outbuilding

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Water: Public
  • Water Heater: Rented
  • Heating Fuel: Oil
  • Heating: Monitor Type
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Colchester School District
  • Elementary School: Porters Point School
  • Middle School: Colchester Middle School
  • High School: Colchester High School
  • Elementary School: Porters Point School
  • High School: Colchester High School

Lot Info

  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: Curbing
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 857
  • Deed Page: 706
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 37800
  • Net Income: 28561
  • Total Full Baths: 2
  • Total Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 4827.62
  • Tax Year: 2022

MLS Schools

  • School District: Colchester School District
  • School Middle Jr: Colchester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jun 21, 2022
Sold by
Labelle Lisa
Bought by
Thompson Bryan M
Seller's Agent
Flex Realty Group
Flex Realty
Buyer's Agent
Gail Beck
Matt Lumsden Real Estate
List Price
$399,900
Sold Price
$397,000
Premium/Discount to List
-$2,900
-0.73%
Current Estimated Value
$403,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,000
Avg. Annual Appreciation
2.39%

Purchase Details

Closed on
Apr 5, 2004
Sold by
Deforge Barbara C Trustee
Bought by
Nichols Paul and Nichols Lise
Source: Public Records

Range of Values:

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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
Thompson Bryan M $397,000 --
Nichols Paul $185,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $397,000 -0.7% $207 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $399,900 0.0% $208 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $399,900 +57.4% $208 / Sq Ft
07/19/2019 07/19/19 Sold $254,000 -0.4% $132 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $255,000 0.0% $133 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $255,000 +4.7% $133 / Sq Ft
02/20/2018 02/20/18 Sold $243,500 -2.6% $127 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
05/17/2017 05/17/17 For Sale $249,900 -- $130 / 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 $5,524 $0 $0 $0
2023 $5,083 $0 $0 $0
2022 $4,873 $0 $0 $0
2021 $4,928 $0 $0 $0
2020 $4,809 $0 $0 $0
2019 $4,360 $0 $0 $0
2018 $4,177 $0 $0 $0
2017 $4,337 $203,000 $0 $0
2016 $4,313 $203,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4900630

PrimeMLS

APN: (048) 51-0100020000000