NOT LISTED FOR SALE

31 School St Milton, VT 05468

Estimated Value: $288,737

2 Beds
1 Bath
2,673 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $200,000 $75 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,018/month

70 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Historic Home
  • Tile Flooring
  • High Speed Internet
  • 3-minute walk to Milton River Park

About This Home

As of October 2020

Located in the "Olde Town Residential/Commercial" zoning district, this property has incredible potential for many uses. Formerly a dentist office on the first floor, this could now be used as professional offices, a studio, or converted to a second apartment. There is a 1/2 bath and 4 additional sinks throughout the first floor. The second floor apartment has 2 bedrooms, a full bath and enclosed porch. Situated on a large corner lot with great exposure, plenty of parking, and handicapped access ramp. The metal roof is only 11 years old; most of the building has a full foundation with a crawl space to the rear of the building.

Last Agent to Sell the Property

Rich Gardner

RE/MAX North Professionals License #082.0007959 Listed on: 06/29/2020

RE/MAX North Professionals

Last Buyer's Agent

Chris Mattos

BHHS Vermont Realty Group/Milton

BHHS Vermont Realty Group/Milton

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Lot Sloped Up
  • Historic Home

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Schools

  • Milton Elementary School
  • Milton Jr High Middle School
  • Milton Senior High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Historic Vintage
  • Directions: Take Route 7 North into Milton, turn right onto Cherry Street. School Street is first left and building is on corner of Cherry and School Street.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 74.82
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6333
  • Sq Ft - Apx Total Finished: 2673
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Total Rooms Above Ground: 13
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Crawl Space, Dirt Floor, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2673
  • Sq Ft - Apx Unfinished AG: 2673
  • Sq Ft - Apx Unfinished BG: 987

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Cooling: Wall AC Units
  • Electric Company: GMP
  • Phone Company: Consolidated Comm
  • Separate Utilities: Varies
  • Utilities: Cable - At Site, Gas - On-Site, High Speed Intrnt -Atsite

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Milton Elementary School
  • High School: Milton Senior High School

Lot Info

  • Lot Sq Ft: 22216
  • Lot Acres: 0.51
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: Olde Town Res/Comm
  • Deed Book: 312
  • Deed Page: 383-386
  • Deed Recorded Type: Trust

Tax Info

  • Tax Year Notes: 2019/2020
  • Tax Gross Amount: 5783.34
  • Tax Year: 2019

Multi Family

  • Total Full Baths: 1
  • Total Units: 2
  • Total2 Bedroom Units: 1

MLS Schools

  • School District: Milton Town
  • School Middle Jr: Milton Jr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 7, 2020
Sold by
31-33 School Street Milton Llc
Seller's Agent
Rich Gardner
RE/MAX North Professionals
Buyer's Agent
Chris Mattos
BHHS Vermont Realty Group/Milton
List Price
$259,900
Sold Price
$200,000
Premium/Discount to List
-$59,900
-23.05%
Current Estimated Value
$288,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,737
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Apr 11, 2005
Sold by
Blackmore Burnett Family Trust
Bought by
31-33 School Street Milton Llc
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
-- $200,000 --
-- $200,000 --
-- $200,000 --
31-33 School Street Milton Llc $218,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $200,000 -18.3% $75 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $244,900 -5.8% $92 / Sq Ft
06/29/2020 06/29/20 For Sale $259,900 -- $97 / 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 $6,114 $313,700 $85,300 $228,400
2023 $5,656 $313,700 $85,300 $228,400
2022 $5,686 $313,700 $85,300 $228,400
2021 $6,292 $262,760 $82,000 $180,760
2020 $6,018 $262,760 $82,000 $180,760
2019 $5,783 $262,760 $82,000 $180,760
2018 $5,650 $262,760 $82,120 $180,640
2017 $5,439 $262,760 $82,120 $180,640
2016 $5,257 $262,760 $82,120 $180,640
2015 -- $2,628 $0 $0
2014 -- $2,628 $0 $0
2013 -- $2,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4813765

PrimeMLS

APN: (123) 132024.000000