NOT LISTED FOR SALE

315 Lake St Saint Albans, VT 05478

Estimated Value: $339,237

7 Beds
3 Baths
2,833 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $215,000 $76 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,147/month

1 Day on Market

Highlights

  • 3 Car Detached Garage
  • Zoned Heating and Cooling
  • Carpet
  • Tankless Water Heater

About This Home

As of June 2018

A solid investment property with many updates. This could make a great owner occupied as it has a single level 3 bed 1 bath 980 sf unit and a detached 3 bay garage with over head storage. Move in and collect $1800 a month from your tenants. Or as an investment that makes $3000 per month. Efficiency VT added 3 new high efficiency Natural Gas on demand tank-less hot water heaters last yr. Furnace has also been upgraded to a high efficiency model. Building gross is $36,000 per year and leaves a good profit at this price point. Many upgrades including plumbing, elect, laminate flooring, some windows have been updated. W/D hookups in the units. 1/2 acre lot has a good sized backyard with plenty of elbow room.

Last Agent to Sell the Property

Shawn Cheney

EXP Realty Brokerage Phone: 802-782-0400 License #081.0133978 Listed on: 05/18/2018

EXP Realty

Last Buyer's Agent

Stacie Callan

CENTURY 21 North East License #081.0121929

CENTURY 21 North East

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 0.51 Acre Lot
  • Lot Sloped Up

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Home Design

  • Converted Dwelling
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,833 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • St Albans City Elementary School
  • St. Albans City Middle School
  • Bellows Free Academy High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Water Meter
  • Private Water Source
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: From exit 19 St. Albans go East off the exit to Rt 7 turn rt/North go about 1 mile turn left on Lake St. go about 1 mile see sign on rt just after Walnut Street.
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 75.89
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4347
  • Sq Ft - Apx Total Finished: 2833
  • Year Built: 1860
  • Remarks Public: A solid investment property with many updates. This could make a great owner occupied as it has a single level 3 bed 1 bath 980 sf unit and a detached 3 bay garage with over head storage. Move in and collect $1800 a month from your tenants. Or as an investment that makes $3000 per month. Efficiency VT added 3 new high efficiency Natural Gas on demand tank-less hot water heaters last yr. Furnace has also been upgraded to a high efficiency model. Building gross is $36,000 per year and leaves a good profit at this price point. Many upgrades including plumbing, elect, laminate flooring, some windows have been updated. W/D hookups in the units. 1/2 acre lot has a good sized backyard with plenty of elbow room.
  • List Agent: 3669
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2833
  • Sq Ft - Apx Unfinished BG: 1514

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 3
  • Parking: Parking Spaces 3
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Metered, Private
  • Water Heater: Gas - Natural, On Demand, Tankless
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented, Hot Air, Individual, Multi Zone
  • Cooling: Individual, Multi Zone
  • Electric Company: Green Mountain Power

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: St Albans City School District
  • Elementary School: St Albans City School
  • Middle School: St. Albans City School
  • High School: Bellows Free Academy
  • Elementary School: St Albans City School
  • High School: Bellows Free Academy

Lot Info

  • Lot Sq Ft: 22216
  • Lot Acres: 0.51
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 187
  • Deed Page: 148-149
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6062.56
  • Tax Year: 2018

MLS Schools

  • School District: St Albans City School District
  • School Middle Jr: St. Albans City School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2004
Sold by
Quilliam Reginald J
Bought by
R & S & E Properties Llc
Current Estimated Value
$339,237
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
R & S & E Properties Llc $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $215,000 0.0% $76 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $215,000 -- $76 / 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
2021 $6,700 $238,600 $59,000 $179,600
2020 $6,700 $238,600 $59,000 $179,600
2019 $4,892 $238,600 $59,000 $179,600
2018 $0 $238,600 $59,000 $179,600
2017 $0 $238,600 $59,000 $179,600
2016 -- $238,600 $59,000 $179,600
2015 -- $2,386 $0 $0
2014 -- $2,386 $0 $0
2013 -- $2,386 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4694372

PrimeMLS

APN: 549-173-01111