NOT LISTED FOR SALE

32 Ruby Raymond Rd Waterbury Center, VT 05677

Estimated Value: $503,033 - $744,000

-- Bed
2 Baths
1,584 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $245,000 $155 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,693/month

7 Days on Market

Highlights

  • 1.06 Acre Lot
  • Chalet
  • Baseboard Heating
  • Waitsfield Elementary School Rated A
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of November 2016

Investment property! A great way to save for your retirement. This three unit apartment building with two, 2 bedroom apartments and one, 1 bedroom apartment, is in a perfect location for people traveling to and from Stowe. Located just on the the Stowe/Waterbury border and just off Route 100 it is the perfect location for many renters wanting to commute to Montpelier, Burlington, Waterbury and Stowe. Great cash flow, recently renovated, a one car garage for extra income and a yard for barbecue or play. This is a rare opportunity to purchase a rental building fully rented, up-to-date, and a manageable size.

Last Agent to Sell the Property

Smith Macdonald Group

Coldwell Banker Carlson Real Estate License #081.0133999 Listed on: 11/07/2016

Coldwell Banker Carlson Real Estate

Last Buyer's Agent

Smith Macdonald Group

Coldwell Banker Carlson Real Estate License #081.0133999 Listed on: 11/07/2016

Coldwell Banker Carlson Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,810

Year Built

  • Built in 1974

Lot Details

  • 1.06 Acre Lot
  • Dirt Road
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Home Design

  • Chalet
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Walk-Out Basement

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Drilled Well
  • Electric Water Heater
  • Shared Septic

Community Details

  • 3 Units
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,810

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Chalet
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 154.67
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2448
  • Sq Ft - Apx Total Finished: 2304
  • Year Built: 1974
  • Remarks Public: Investment property! A great way to save for your retirement. This three unit apartment building with two, 2 bedroom apartments and one, 1 bedroom apartment, is in a perfect location for people traveling to and from Stowe. Located just on the the Stowe/Waterbury border and just off Route 100 it is the perfect location for many renters wanting to commute to Montpelier, Burlington, Waterbury and Stowe. Great cash flow, recently renovated, a one car garage for extra income and a yard for barbecue or play. This is a rare opportunity to purchase a rental building fully rented, up-to-date, and a manageable size.
  • List Agent: 19426
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Partially Finished
  • Sq Ft - Apx Finished AG: 1584
  • Sq Ft - Apx Finished BG: 720
  • Sq Ft - Apx Unfinished BG: 144

Exterior Features

  • Driveway: Dirt
  • Exterior: Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Dirt
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic Shared
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 46174
  • Lot Acres: 1.06
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: multi-family
  • Deed Book: 224
  • Deed Page: 46
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39000
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4809.52
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Nov 29, 2016
Sold by
C Paul Reed Jr Living Trust
Bought by
Lbas Llc
Seller's Agent
Smith Macdonald Group
Coldwell Banker Carlson Real Estate
Buyer's Agent
Smith Macdonald Group
Coldwell Banker Carlson Real Estate
List Price
$280,000
Sold Price
$245,000
Premium/Discount to List
-$35,000
-12.5%
Current Estimated Value
$597,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,258
Avg. Annual Appreciation
10.56%
Source: Public Records

Range of Values:

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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
Lbas Llc $245,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $245,000 -12.5% $155 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $280,000 -- $177 / 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 $6,426 $241,200 $72,300 $168,900
2023 $4,433 $241,200 $72,300 $168,900
2022 $5,376 $241,200 $72,300 $168,900
2021 $5,498 $241,200 $72,300 $168,900
2020 $5,411 $241,200 $72,300 $168,900
2019 $5,210 $241,200 $72,300 $168,900
2018 $4,952 $241,200 $72,300 $168,900
2016 $4,810 $241,200 $72,300 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4608223

PrimeMLS

APN: 696-221-11555