NOT LISTED FOR SALE

3087 Main St Cabot, VT 05647

Estimated Value: $291,000 - $372,000

3 Beds
1 Bath
5,398 Sq Ft
$60/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $253,500 $47 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,130/month

62 Days on Market

Highlights

  • Waterfront
  • Colonial Architecture
  • Wood Flooring
  • River Nearby
  • Deck
  • Covered patio or porch

About This Home

As of January 2023

This historic property contains Harry's Hardware Store, a long time staple in downtown Cabot. The hardware store houses The Den, a cafe/sandwich shop with a lounge/bar. The store has the only gas pumps in town making it a vital place for locals and tourists alike to stop. The first floor space is currently rented to Harry’s Hardware and The Den. The owners of this business would like to continue renting the space from the next building owners. Their business includes the bar and paint store area as well as some diner seating at the front of the store, the hardware area and some more diner seating in the middle of the store, and the kitchen in the rear. The walk out basement also has more store space. The second floor has a 6 room, 3 bedroom, 1 bath apartment with a porch on the front overlooking the street and a deck on the back overlooking the river. This beautiful, spacious apartment is currently rented to a reliable, long term renter who would also like to continue renting from the new building owner. The snowmobile trail borders the property so it is a refueling spot for snowmobilers passing through Cabot. The property offers lots of possibilities for many different types of businesses on the first floor and living quarters upstairs. The current owners are desirous of any new owner continuing the gas pumps even if they take over the space for a different business rather than continuing to rent to Harry's Hardware.

Last Listed By

Connie Sleath

Coldwell Banker LIFESTYLES - Hanover License #081.0044893 Listed on: 11/03/2022

Coldwell Banker LIFESTYLES - Hanover

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Clap Board Siding

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Wood Flooring
  • Storm Windows

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • River Nearby
  • Deck
  • Covered patio or porch

Schools

  • Cabot Elementary And Middle School
  • Cabot High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 080.000

Community Details

Recreation

  • Trails

Additional Features

  • 2 Units
  • Gross Income $42,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: Located in the center of the village across from the Town Hall and next to the Village Grocery Store.
  • Footprint: See Sketch
  • Assessment Amount: 311100
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 56.74
  • Year Built: 1875
  • Remarks Public: This historic property contains Harry's Hardware Store, a long time staple in downtown Cabot. The hardware store houses The Den, a cafe/sandwich shop with a lounge/bar. The store has the only gas pumps in town making it a vital place for locals and tourists alike to stop. The first floor space is currently rented to Harry’s Hardware and The Den. The owners of this business would like to continue renting the space from the next building owners. Their business includes the bar and paint store area as well as some diner seating at the front of the store, the hardware area and some more diner seating in the middle of the store, and the kitchen in the rear. The walk out basement also has more store space. The second floor has a 6 room, 3 bedroom, 1 bath apartment with a porch on the front overlooking the street and a deck on the back overlooking the river. This beautiful, spacious apartment is currently rented to a reliable, long term renter who would also like to continue renting from the new building owner. The snowmobile trail borders the property so it is a refueling spot for snowmobilers passing through Cabot. The property offers lots of possibilities for many different types of businesses on the first floor and living quarters upstairs. The current owners are desirous of any new owner continuing the gas pumps even if they take over the space for a different business rather than continuing to rent to Harry's Hardware.
  • List Agent: 22236
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Full, Partially Finished, Sump Pump, Unfinished, Walkout, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 4468
  • Sq Ft - Apx Finished BG: 930
  • Sq Ft - Apx Unfinished BG: 2674

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Clapboard
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Standing Seam
  • Features Exterior: Deck, Porch - Covered, Windows - Storm

Garage/Parking

  • Garage Capacity: 1
  • Parking: On-Site, Parking Spaces 5 - 10
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Cable Company: Spectrum
  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Irving
  • Sewer: Public Sewer On-Site
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Steam
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Cabot School District
  • Elementary School: Cabot School
  • Middle School: Cabot School
  • High School: Cabot School
  • Elementary School: Cabot School
  • High School: Cabot School

Lot Info

  • Map: 10
  • Lot: 080.000
  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Lot Description: Level, River, Steep, Trail/Near Trail, Waterfront
  • Surveyed: Unknown
  • Zoning: Village
  • Deed Book: 78
  • Deed Page: 524-525
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 42600
  • Total Full Baths: 1
  • Total Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7213.79
  • Tax Year: 2022

MLS Schools

  • School District: Cabot School District
  • School Middle Jr: Cabot School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Jan 30, 2023
Sold by
Searles Bobby A and Searles Stephany J
Bought by
Idlewild Inc
Seller's Agent
Connie Sleath
Coldwell Banker LIFESTYLES - Hanover
Buyer's Agent
Cameron North
EXP Realty
List Price
$280,000
Sold Price
$253,500
Premium/Discount to List
-$26,500
-9.46%
Total Days on Market
62
Views
41
Current Estimated Value
$298,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,910
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Nov 20, 2003
Sold by
Muench Rolf K
Bought by
Ackermann Walter E and Ackermann Julie E

Range of Values:

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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
Idlewild Inc $253,500 --
Ackermann Walter E $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $253,500 -9.5% $47 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
11/03/2022 11/03/22 For Sale $280,000 -- $52 / 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
2023 $5,717 $311,100 $40,000 $271,100
2022 $7,214 $311,100 $40,000 $271,100
2021 $7,139 $311,100 $40,000 $271,100
2020 $7,050 $311,100 $40,000 $271,100
2019 $6,537 $296,500 $39,600 $256,900
2018 $6,583 $296,500 $39,600 $256,900
2017 $1,806 $296,500 $39,600 $256,900
2016 $6,053 $296,500 $39,600 $256,900
Source: Public Records

Agents Affiliated with this Home

  • Connie Sleath

    Seller's Agent in 2023

    Connie Sleath

    Coldwell Banker LIFESTYLES - Hanover

    (802) 535-7093

    2 in this area

    79 Total Sales

    Section Image
  • Maurice Chaloux

    Seller Co-Listing Agent in 2023

    Maurice Chaloux

    Parkway Realty

    (802) 274-1147

    3 in this area

    170 Total Sales

    Maurice Chaloux
    Section Image
  • Cameron North

    Buyer's Agent in 2023

    Cameron North

    EXP Realty

    (802) 552-8089

    10 in this area

    19 Total Sales

    Cameron North
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4936082

PrimeMLS

APN: 117-036-10571

Vermont Washington County Cabot 05647

3087 Main St, Cabot, VT

Homes for Sale in Cabot, VT

This home is located at 3087 Main St, Cabot, VT 05647 since 03 November 2022 and is currently estimated at $322,545, approximately $59 per square foot. This property was built in 1875. 3087 Main St is a home located in Washington County with nearby schools including Cabot School.

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