NOT LISTED FOR SALE

259 Upper Main St Morrisville, VT 05661

Estimated Value: $429,267

Studio
4 Baths
3,136 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2023

Last sale price $399,000 $127 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,851 / mo

42 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Level Lot
  • Stowe Elementary School Rated A

About This Home

As of October 2023

This solid income producing property located on approximately .52 downtown acres, includes four 1 bedroom apartments, a large newly paved parking lot and road frontage on 2 streets. The property sits in the High Density Residential zoning district and is ripe to build 9 more units with appropriate permitting. Convenient location with ease of walkable neighborhood, markets, restaurants and public transportation. This is an ideal property for an owner who wants a great asset with the potential to build additional apartments.

Last Agent to Sell the Property

Craig Santenello

Vermont Life Realtors License #081.0134042 Listed on: 08/10/2023

Last Buyer's Agent

Leslie Rollins

Coldwell Banker Carlson Real Estate

Coldwell Banker Carlson Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • 22,651 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Basement
  • Interior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Water Heater
  • High Speed Internet

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0.52 Acres

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 127.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3836
  • Sq Ft - Apx Total Finished: 3136
  • Year Built: 1850
  • List Agent: 22868
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 3136
  • Sq Ft - Apx Unfinished BG: 700

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Flat, Membrane

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Cooling: Wall AC Units
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 22651
  • Lot Acres: 0.52
  • Lot Description: Level
  • Surveyed: Yes
  • Surveyed By: McCain
  • Zoning: HDR
  • Deed Book: 245
  • Deed Page: 141-142
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes

Multi Family

  • Total Units: 4
  • Total1 Bedroom Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Oct 24, 2023
Sold by
Hartwell David and Lucia Abigail L
Bought by
Borner Emily
Seller's Agent
Craig Santenello
Vermont Life Realtors
Buyer's Agent
Leslie Rollins
Coldwell Banker Carlson Real Estate
List Price
$399,000
Sold Price
$399,000
Views
104
Current Estimated Value
$429,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,267
Avg. Annual Appreciation
2.99%

Purchase Details

Listed on
Jan 25, 2016
Closed on
Nov 30, 2017
Sold by
Not Provided
Bought by
Hartwell David R and Lucia Abigail L
Seller's Agent
Laurel Houle
Pall Spera Company Realtors-Morrisville
Buyer's Agent
Craig Santenello
Vermont Life Realtors
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Williams David A and Williams Petty R
Bought by
Jgv Investments Llc

Purchase Details

Closed on
Nov 14, 2007
Sold by
Williams David A and Williams Peggy R
Bought by
Ithaca College
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Borner Emily $399,000 --
Borner Emily $399,000 --
Hartwell David R -- --
Hartwell David R -- --
Hartwell David R -- --
Jgv Investments Llc $212,500 --
Jgv Investments Llc $212,500 --
Ithaca College $100,000 --
Ithaca College $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $399,000 0.0% $127 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $399,000 0.0% $127 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $399,000 +59.6% $127 / Sq Ft
11/30/2017 11/30/17 Sold $250,000 -16.7% $80 / Sq Ft View Prior Sale
09/08/2017 09/08/17 Pending -- -- --
01/25/2016 01/25/16 For Sale $300,000 -- $96 / Sq Ft
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 $6,901 $335,500 $38,300 $297,200
2023 $3,960 $335,500 $38,300 $297,200
2022 $6,334 $229,600 $37,500 $192,100
2021 $6,114 $229,600 $37,500 $192,100
2020 $5,844 $227,300 $37,500 $189,800
2019 $5,666 $227,300 $37,500 $189,800
2018 $5,467 $227,300 $37,500 $189,800
2017 $5,294 $225,100 $37,500 $187,600
2016 $5,174 $225,100 $37,500 $187,600
2015 -- $2,251 $0 $0
2014 -- $2,251 $0 $0
2013 -- $2,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Santenello

    Seller's Agent in 2023

    Craig Santenello

    Vermont Life Realtors

    (802) 310-9077

    59 in this area

    132 Total Sales

    Craig Santenello
    Section Image

  • L

    Buyer's Agent in 2023

    Leslie Rollins

    Coldwell Banker Carlson Real Estate

    (802) 253-7358

    6 in this area

    29 Total Sales

    Leslie Rollins
    Section Image
  • Laurel Houle

    Seller's Agent in 2017

    Laurel Houle

    Pall Spera Company Realtors-Morrisville

    (802) 279-4192

    1 in this area

    39 Total Sales

    Laurel Houle
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4964941

PrimeMLS

APN: 414-129-12597

Vermont Lamoille County Morrisville 05661

259 Upper Main St, Morrisville, VT

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