NOT LISTED FOR SALE

30 Summer St Northfield, VT 05663

Estimated Value: $204,000 - $273,000

2 Beds
1 Bath
1,296 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $195,000 $150 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,295/month

56 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Balcony
  • Softwood Flooring
  • Covered Patio or Porch
  • Triple Pane Windows

About This Home

As of December 2024

Currently vacant, but seller is listing apartments for rent and starting to show them 11/17. Seller will move forward with leases unless acceptable offer received. Property will still be for sale rented as investment. Great duplex in a nice Northfield village location. Granite counter tops in both kitchens! New kitchen in 1st floor apartment. New (2019) triple pain windows throughout (including proper egress), 2 new Rinnai heaters (2020), 2 new water heaters. Seller updated electrical, fixed plumbing and insulated basement. Previous ownerr jacked up building and poured new foundation, rebuilt floor system and installed standing seam roof. Quiet neighborhood with short walk to downtown Northfield. Town owned land on 3 of 4 sides. Lease out long term or furnish them and rent them out to visiting nurses at the walkable Mayo clinic. Current market long term rent should be $1,250 or more including heat and electricity. Projected Furnished Finder would be $1,500 per unit per month including everything. The seller is the listing agent, a licensed real estate agent in VT. The property is in the Flood Zone. A recent quote obtained for potential buyers info was for $3,000 annual flood insurance yielding $250,000 worth of property coverage and $25,000 worth of lost rental income. Create steady income or get a leg onto the real estate ladder. Affordable utilities: Annual Water/Sewer = $1,157.37, Heat = $959.93 Electricity = $1,154.18. Utilities are easily separated.

Last Agent to Sell the Property

JC Earle

Brokerage Phone: 802-485-9900 License #082.0129440 Listed on: 09/25/2024

Last Buyer's Agent

Lucas deSousa

Vermont Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,241

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1 Full Bathroom
  • 1,296 Sq Ft Home
  • 2-Story Property
  • Triple Pane Windows
  • ENERGY STAR Qualified Windows
  • Softwood Flooring
  • Mountain Views

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Northfield Elementary School
  • Northfield Middle High School
  • Northfield High School

Utilities

  • Wall Furnace
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • 200+ Amp Service
  • Propane
  • High Speed Internet
  • Internet Available
  • Multiple Phone Lines
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • 2 Units

Recreation

  • Trails

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $6,541
  • Gross Income $30,000
  • Net Operating Income $26,038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,241

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Depot Square in the Center of Northfield Village, take WallStreet (off the southwest corner of the Square). Go over the bridgeand take immediate left onto Water Street. Turn right on Summer St.30 Summer is the first building on your right.
  • Flood Zone: Yes
  • Footprint: 36' X 18'
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 150.46
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1944
  • Sq Ft - Apx Total Finished: 1296
  • Year Built: 1900
  • List Agent: 280657
  • Display On Internet: High Speed Intrnt -Avail, Internet - Cable, Internet - Fiber Optic
  • Architectural Style: Duplex
  • ResoLotFeatures: Corner, Level, Mountain View, Open, Sidewalks, View, Walking Trails
  • Road Frontage Type: Paved, Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Heat Pump
  • Flooring: Softwood
  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Exterior Access, Insulated, Stairs - Exterior, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 1296
  • Sq Ft - Apx Unfinished BG: 648

Exterior Features

  • Driveway: Gravel
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roof: Metal
  • Easements: Unknown
  • Features Exterior: Balcony, Porch, Porch - Covered, Windows - Energy Star, Windows - Triple Pane
  • Construction Type: Wood Frame, Wood Siding

Utilities

  • Cable Company: Transvideo
  • Electric: 200 Amp
  • Fuel Company: Gillespie's
  • Sewer: Public
  • Heating: Propane, Wall Furnace, Wall Units
  • Electric Company: Northfield Electric
  • Phone Company: TDS
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 2
  • Total Heat Units: 4
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Private
  • Utilities: Cable, Gas - Lp/Bottle, Multi Phone Lines, Telephone Available, Phone, Satellite
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Northfield Elementary School
  • High School: Northfield High School

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Surveyed: Unknown
  • Zoning: Res B
  • Deed Book: 217
  • Deed Page: 408 - 409

Multi Family

  • Gross Income: 30000
  • Net Income: 26037.89
  • Total Full Baths: 1
  • Total Units: 2
  • Total1 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3241.2
  • Tax Year: 2024

MLS Schools

  • School District: Northfield School District
  • School Middle Jr: Northfield Middle High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Dec 19, 2024
Sold by
30 Summer Street Llc
Bought by
Cotton Adam and Cotton Jaime
Seller's Agent
JC Earle
Buyer's Agent
Lucas deSousa
Vermont Real Estate Company
List Price
$224,000
Sold Price
$195,000
Premium/Discount to List
-$29,000
-12.95%
Views
40
Current Estimated Value
$222,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,391
Avg. Annual Appreciation
13.07%

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 21, 2018
Sold by
Estate Of Matthew J Beattie
Bought by
30 Summer Street Llc
Seller's Agent
Lori Holt
BHHS Vermont Realty Group/Montpelier
Buyer's Agent
JC Earle
List Price
$45,000
Sold Price
$43,650
Premium/Discount to List
-$1,350
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cotton Adam $195,000 --
30 Summer Street Llc $43,650 --
30 Summer Street Llc $43,650 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $195,000 0.0% $150 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $195,000 -6.7% $150 / Sq Ft
10/23/2024 10/23/24 Price Changed $209,000 -6.7% $161 / Sq Ft
09/25/2024 09/25/24 For Sale $224,000 +413.2% $173 / Sq Ft
05/25/2018 05/25/18 Sold $43,650 -3.0% $34 / Sq Ft View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $45,000 -- $35 / 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 $1,712 $97,500 $12,400 $85,100
2023 $1,712 $97,500 $12,400 $85,100
2022 $2,706 $97,500 $12,400 $85,100
2021 $2,772 $97,500 $12,400 $85,100
2020 $2,711 $97,500 $12,400 $85,100
2019 $2,288 $96,100 $12,400 $83,700
2018 $2,288 $90,500 $12,400 $78,100
2017 $2,480 $102,700 $12,400 $90,300
2016 $0 $102,700 $12,400 $90,300
2015 -- $1,027 $0 $0
2014 -- $888 $0 $0
2013 -- $888 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5015849

PrimeMLS

APN: 441-139-10151