NOT LISTED FOR SALE

2906 Laporte Rd Morrisville, VT 05661

Estimated Value: $407,267 - $563,000

4 Beds
3 Baths
2,644 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $295,000 $112 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,059/month

316 Days on Market

Highlights

  • 1 Acre Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Countryside Views
  • Farmhouse Style Home
  • 2 Car Attached Garage

About This Home

As of June 2021

Whether you are searching for an investment property with excellent rental history or a primary home with solid income potential, this well-maintained triplex just south of the Stowe-Morrisville Airport is an income opportunity you don’t want to miss. Three distinct apartments offer something for everyone including a ground-level one-bedroom efficiency; a very private spacious top-floor unit; and a sprawling dwelling on the main floor that boasts its own mudroom, sunny country kitchen, renovated bath, and two huge bedrooms. Notable features of the property include large bay windows, hardwood flooring, attached two-bay garage, huge fenced common backyard, and room for revenue expansion. Frontage parking and main road location means easy commuting and country living with cable TV and internet service! For the most up-to-date status info, contact Listing Agent: Rich Drill 802-505-0572 or Rich@RedBarnVT.com.

Last Agent to Sell the Property

Richard Drill

KW Vermont-Stowe License #081.0118818 Listed on: 03/16/2020

KW Vermont-Stowe

Last Buyer's Agent

Jolin Salazar Kish

KCC Properties Realty, Inc. License #065569

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,548

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Dirt Driveway
  • Assigned Parking

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,644 Sq Ft Home
  • 1.75-Story Property
  • Countryside Views
  • Unfinished Basement
  • Walk-Up Access

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Propane
  • Spring water is a source of water for the property
  • Shared Water Source
  • Mound Septic
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: AC Unit(s), Old W/D in basement to be removed

Community Details

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $20,796
  • Gross Income $39,000
  • Net Operating Income $18,204

Additional Features

  • 3 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,548

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Farmhouse
  • Directions: On Rt. 100, midway between Stowe and Morrisville, just south of Stowe-Morrisville Airport. Across road from Vermont Distillers & Green Mountain Landscaping.
  • Assessment Amount: 262700
  • Assessment Year: 2017
  • Construction: Existing
  • Items Excluded: AC Unit(s), Old W/D in basement to be removed
  • Total Stories: 1.75
  • Price Per Sq Ft: 111.57
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3616
  • Sq Ft - Apx Total Finished: 2644
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Whether you are searching for an investment property with excellent rental history or a primary home with solid income potential, this well-maintained triplex just south of the Stowe-Morrisville Airport is an income opportunity you don’t want to miss. Three distinct apartments offer something for everyone including a ground-level one-bedroom efficiency; a very private spacious top-floor unit; and a sprawling dwelling on the main floor that boasts its own mudroom, sunny country kitchen, renovated bath, and two huge bedrooms. Notable features of the property include large bay windows, hardwood flooring, attached two-bay garage, huge fenced common backyard, and room for revenue expansion. Frontage parking and main road location means easy commuting and country living with cable TV and internet service!
  • L A1 M M S I Memberkey: 612314
  • List Agent: 22877
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72661
  • S A1 M M S I Memberkey: 393081
  • S O1 M M S I Officekey: 70356
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2644
  • Sq Ft - Apx Unfinished BG: 972

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Clapboard
  • Foundation: Concrete, Fieldstone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Fence - Partial, Garden Space, Natural Shade, Porch - Covered, Storage

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 5
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Attached

Utilities

  • Cable Company: Xfinity Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Brosseau Fuels
  • Sewer: Mound, Septic
  • Water: Shared, Spring
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: Morrisville Water & Light
  • Phone Company: Consolidated Comm.
  • Total Electric Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Cans, Private, Recycle
  • Utilities: Cable, Dsl - Available, Gas - Lp/Bottle, Telephone Available

Condo/Co-op/Association

  • Restrictions: Pets - Allowed, Smoking - No
  • Association Amenities: Storage - Indoor

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Morristown School District
  • 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: 43560
  • Lot Acres: 1
  • Lot Description: Country Setting, Level, Open, View
  • Surveyed: Yes
  • Surveyed By: Unknown but info in deed
  • Zoning: Rural Residential
  • Deed Book: 141
  • Deed Page: 141
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39000
  • Net Income: 18204
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Year Notes: 2019-2020
  • Tax Gross Amount: 6548.32
  • Tax Year: 2020

MLS Schools

  • School District: Morristown School District
  • School Middle Jr: Peoples Academy Middle Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2006
Sold by
Goodhue Don D
Bought by
Holder Steven H and Robinson Susan L
Current Estimated Value
$467,067
Source: Public Records

Range of Values:

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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
Holder Steven H $260,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $295,000 -1.3% $112 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
09/19/2020 09/19/20 Price Changed $299,000 -6.3% $113 / Sq Ft
03/16/2020 03/16/20 For Sale $319,000 -- $121 / 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 $6,992 $339,900 $54,300 $285,600
2023 $3,807 $339,900 $54,300 $285,600
2022 $7,123 $262,700 $40,000 $222,700
2021 $6,995 $262,700 $40,000 $222,700
2020 $6,754 $262,700 $40,000 $222,700
2019 $6,548 $262,700 $40,000 $222,700
2018 $6,318 $262,700 $40,000 $222,700
2017 $6,179 $262,700 $40,000 $222,700
2016 $6,038 $262,700 $40,000 $222,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4798228

PrimeMLS

APN: 414-129-10932