NOT LISTED FOR SALE
10 Beds
-- Baths
4,198 Sq Ft
1,306 Sq Ft Lot

Sale Details

Date Sold: January 8, 2016

Last sale price $425,000 $101 Per Sq Ft

88 Days on Market

About This Home

As of January 2016

This well maintained and recently updated 4 unit building has plenty of growth potential for the willing investor. Located on the corner of North and Drew Streets, right across of the Olde Northender and steps away from the bus line, this property has had little vacancies over the past 8 years. Generating a 10% cap rate at current rents it is priced to sell quickly.

Last Agent to Sell the Property

Peter Yee

Yellow Sign Commercial Inc. License #081.0087263 Listed on: 04/16/2015

Last Buyer's Agent

Peter Yee

Yellow Sign Commercial Inc. License #081.0087263 Listed on: 04/16/2015

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,713

Year Built

  • 1899

Lot Details

  • 1,306 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Converted Dwelling
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 4,198 Sq Ft Home
  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $59,604

Listing and Financial Details

  • Rent includes hot water, snow removal, trash, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,713

Year Built

1899

Lot Details

1,306 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Assessment Amount: 302500
  • Assessment Year: 2011
  • Construction: Existing
  • Total Stories: 3
  • Sq Ft - Apx Total Finished: 4198
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1899

Interior Features

  • Basement: Yes
  • Basement Description: Crawl Space, Full
  • Sq Ft - Apx Finished AG: 4198

Exterior Features

  • Construction: Wood Frame
  • Exterior: Clapboard
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural

Utilities

  • Cable Company: Burlington Telecom
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Separate Utilities: Yes
  • Trash: Tenant

Lot Info

  • Lot Sq Ft: 1306
  • Lot Acres: 0.03
  • Lot Description: Corner
  • Surveyed: Yes
  • Zoning: R4

Rental Info

  • Rent Includes: Hot Water, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 59604
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Year Notes: 14/15
  • Tax Gross Amount: 7713.45

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jan 8, 2016
Sold by
24-28 North Street Llc
Bought by
Seller's Agent
Peter Yee
Yellow Sign Commercial Inc.
Buyer's Agent
Peter Yee
Yellow Sign Commercial Inc.
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Tango Properties Llc
Bought by
Than Richard

Purchase Details

Closed on
Jul 2, 1999
Sold by
Vt National Bank
Bought by
Porter Pike

Purchase Details

Closed on
Jan 18, 1994
Sold by
Martell Rosemary
Bought by
Martell John T
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 --
Than Richard $210,000 --
Porter Pike $50,000 --
Martell John T -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $425,000 -19.0% $101 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $525,000 -- $125 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,229 $612,300 $148,300 $464,000
2024 $14,799 $612,300 $148,300 $464,000
2023 $12,938 $612,300 $148,300 $464,000
2022 $12,935 $612,300 $148,300 $464,000
2021 $13,477 $612,300 $148,300 $464,000
2020 $10,981 $356,800 $96,400 $260,400
2019 $7,832 $356,800 $96,400 $260,400
2018 $8,292 $356,800 $96,400 $260,400
2017 $9,503 $356,800 $96,400 $260,400
2016 $9,286 $356,800 $96,400 $260,400
2015 $6,873 $3,025 $0 $0
2014 $6,873 $3,025 $0 $0
2013 $6,873 $3,025 $0 $0
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4413871

PrimeMLS

APN: (035) 043-3-117-000

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