NOT LISTED FOR SALE

297 Main St Unit 299 Vergennes, VT 05491

Estimated Value: $353,304

-- Bed
-- Bath
2,484 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $335,000 $135 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,337/month

About This Home

As of February 2024

COMP Listing - Off Market Sale.

Last Agent to Sell the Property

Rebecca Racine

Ridgeline Real Estate License #082.0133867 Listed on: 02/28/2024

Last Buyer's Agent

Julie Danaher

Ridgeline Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,814

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Lot Sloped Up

Parking

  • Driveway

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Schools

  • Vergennes UES #44 Elementary School
  • Vergennes Uhsd #5 High School

Utilities

  • Heating System Uses Gas

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $13,100
  • Gross Income $41,460
  • Net Operating Income $28,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,814

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 134.86
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3908
  • Sq Ft - Apx Total Finished: 2484
  • Year Built: 1900
  • Remarks Public: COMP Listing - Off Market Sale.
  • List Agent: 281500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2484
  • Sq Ft - Apx Unfinished BG: 1424

Exterior Features

  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Air, Monitor Type
  • Total Ranges: 3
  • Total Refrigerators: 3

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Vergennes UES #44
  • High School: Vergennes UHSD #5
  • Elementary School: Vergennes UES #44
  • High School: Vergennes UHSD #5

Lot Info

  • Lot Sq Ft: 13068
  • Lot Acres: 0.3
  • Surveyed: Yes
  • Zoning: Res/Other
  • Deed Book: 64
  • Deed Page: 553
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 41460
  • Net Income: 28360
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6814.24
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Feb 28, 2024
Sold by
Otter Creek Holdings Llc
Bought by
Settlers Park Apartments Llc
Seller's Agent
Rebecca Racine
Ridgeline Real Estate
Buyer's Agent
Julie Danaher
Ridgeline Real Estate
List Price
$345,000
Sold Price
$335,000
Premium/Discount to List
-$10,000
-2.9%
Total Days on Market
0
Views
2
Current Estimated Value
$353,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,304
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Apr 2, 2007
Sold by
Gibbs Leonard H and Gibbs Janet A
Bought by
Otter Creek Holdings Llc
Source: Public Records

Range of Values:

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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
Settlers Park Apartments Llc $335,000 --
Settlers Park Apartments Llc $335,000 --
Otter Creek Holdings Llc $195,000 --
Otter Creek Holdings Llc $195,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $335,000 -2.9% $135 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $345,000 -- $139 / 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 -- $242,500 $45,000 $197,500
2023 -- $242,500 $45,000 $197,500
2022 $6,300 $242,500 $45,000 $197,500
2021 $6,475 $242,500 $45,000 $197,500
2020 $6,357 $242,500 $45,000 $197,500
2019 $6,101 $242,500 $45,000 $197,500
2018 $5,796 $242,500 $45,000 $197,500
2016 $5,526 $242,500 $45,000 $197,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rebecca Racine

    Ridgeline Real Estate

    (802) 922-5454

    2 in this area

    20 Total Sales

    Rebecca Racine
    Section Image
  • Julie Danaher

    Buyer's Agent in 2024

    Julie Danaher

    Ridgeline Real Estate

    (802) 310-5823

    2 in this area

    158 Total Sales

    Julie Danaher
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4986530

PrimeMLS

APN: 663-210-10020

Vermont Addison County Vergennes 05491

297 Main St Unit 299, Vergennes, VT

This home is located at 297 Main St Unit 299, Vergennes, VT 05491 since 28 February 2024 and is currently estimated at $353,304, approximately $142 per square foot. This property was built in 1900. 297 Main St Unit 299 is a home located in Addison County with nearby schools including Vergennes Union Elementary School, Vergennes Uhsd #5, and Champlain Valley Christian School.

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