NOT LISTED FOR SALE

263 Union St Morrisville, VT 05661

Estimated Value: $332,953 - $648,000

6 Beds
3 Baths
3,536 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $250,000 $71 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,323/month

2 Days on Market

Highlights

  • 3 Car Attached Garage
  • High Speed Internet
  • Walk-Up Access
  • Hot Water Heating System
  • Level Lot

About This Home

As of July 2021

With a fantastic location and a bonus 3 car garage, this 3 unit Multi in Morrisville's HDR district should make a savvy investor sit up and take notice. The very long term owner has decided to hand the reigns off during this time of high rental demand and with one unit recently vacant, you can start your ownership by either owner occupying or choosing your next renter. The Unit facing East High Street is 2 levels and features 2 Bedrooms plus an office, with 1.5 BA. Units 2 and 3 are nearly identical, with one over the other, and each having 2BR/1BA. With just a short walk around the corner, you can be at one of many Village restaurants, the Noyes House Museum, the Post Office, a Barber Shop and more! A recently installed (2017) Buderus furnace supplies the heat for the building and an adequately sized lot and vinyl siding make for ease of maintenance. Having up to date EMPs, this property is ready to go! Check out the attached video tour when you can. 48+ notice required for in person showings.

Last Agent to Sell the Property

Kevin Petrochko

KW Vermont-Stowe License #081.0112272 Listed on: 05/27/2021

KW Vermont-Stowe

Last Buyer's Agent

Pete Kelly

KW Vermont-Stowe License #082.0071763

KW Vermont-Stowe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,899

Year Built

  • Built in 1840

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Basement

  • Walk-Up Access
  • Dirt Floor

Schools

  • Morristown Elementary School
  • Peoples Academy Middle Level
  • Peoples Academy High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • Shared Water Heater
  • High Speed Internet

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,899

Year Built

Built in 1840

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Multi-Level
  • Directions: Entering Morrisville via Historic VT-100, Take a sharp right turn onto East High St by the Police Station. Building is on the corner of E. High and Union, very close to that first intersection. Look for sign.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 70.7
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4160
  • Sq Ft - Apx Total Finished: 3536
  • Property Type: Multi-Family
  • Year Built: 1840
  • Remarks Public: With a fantastic location and a bonus 3 car garage, this 3 unit Multi in Morrisville's HDR district should make a savvy investor sit up and take notice. The very long term owner has decided to hand the reigns off during this time of high rental demand and with one unit recently vacant, you can start your ownership by either owner occupying or choosing your next renter. The Unit facing East High Street is 2 levels and features 2 Bedrooms plus an office, with 1.5 BA. Units 2 and 3 are nearly identical, with one over the other, and each having 2BR/1BA. With just a short walk around the corner, you can be at one of many Village restaurants, the Noyes House Museum, the Post Office, a Barber Shop and more! A recently installed (2017) Buderus furnace supplies the heat for the building and an adequately sized lot and vinyl siding make for ease of maintenance. Having up to date EMPs, this property is ready to go! Check out the attached video tour when you can. 48+ notice required for in person showings.
  • L A1 M M S I Memberkey: 612686
  • List Agent: 24513
  • L O1 M M S I Officekey: 72286
  • S A1 M M S I Memberkey: 609966
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 75156
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 13
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 3536
  • Sq Ft - Apx Unfinished BG: 624

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 3
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Bournes Energy
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Shared
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Electric Company: Morrisville W&L
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Private
  • Utilities: Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Morristown Elementary School
  • Middle School: Peoples Academy Middle Level
  • High School: Peoples Academy
  • Elementary School: Morristown Elementary School
  • High School: Peoples Academy

Lot Info

  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: Level
  • Zoning: HDR
  • Deed Book: 217
  • Deed Page: 126
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Year Notes: 20/21
  • Tax Gross Amount: 4899
  • Tax Year: 2021

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 3

MLS Schools

  • School Middle Jr: Peoples Academy Middle Level

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $250,000 -5.7% $71 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $265,000 -- $75 / 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 $6,798 $330,500 $52,500 $278,000
2023 $3,901 $330,500 $52,500 $278,000
2022 $5,242 $190,000 $30,500 $159,500
2021 $5,060 $190,000 $30,500 $159,500
2020 $4,885 $190,000 $30,500 $159,500
2019 $4,736 $190,000 $30,500 $159,500
2018 $4,570 $190,000 $30,500 $159,500
2017 $4,469 $190,000 $30,500 $159,500
2016 $4,367 $190,000 $30,500 $159,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4863155

PrimeMLS

APN: 414-129-12550