NOT LISTED FOR SALE

341 Main St Norwich, VT 05055

Estimated Value: $747,000 - $913,000

3 Beds
2 Baths
1,504 Sq Ft
$542/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $500,000 $332 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,584/month

8 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 4-minute walk to Norwich Green
  • Marion W. Cross School Rated A

About This Home

As of August 2020

An opportunity to own a business district location in Norwich! This attractive Main Street house, presently with two very nice rental units, has been tastefully renovated (2007/2012) with new kitchens, granite counter tops, stainless appliances, new bathrooms and new windows. In addition, each unit has the benefit of two parking spaces. This could be a chance to live in one unit and have rental income from the other unit as well as enjoy the ease of "in town" living including walking/biking and public transportation.

Last Agent to Sell the Property

Berna Rexford

Four Seasons Sotheby's Int'l Realty License #046684 Listed on: 05/31/2020

Four Seasons Sotheby's Int'l Realty

Last Buyer's Agent

Rowan Carroll

Coldwell Banker LIFESTYLES - Hanover License #082.0007474

Coldwell Banker LIFESTYLES - Hanover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,941

Year Built

  • Built in 1850

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Basement

  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Crawl Space

Schools

  • Marion W. Cross Elementary School
  • Francis C Richmond Middle Sch
  • Hanover High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Community Details

  • 2 Units
  • Moseley Associates Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,941

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 332.45
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2562
  • Sq Ft - Apx Total Finished: 1504
  • Year Built: 1850
  • Remarks Public: An opportunity to own a business district location in Norwich! This attractive Main Street house, presently with two very nice rental units, has been tastefully renovated (2007/2012) with new kitchens, granite counter tops, stainless appliances, new bathrooms and new windows. In addition, each unit has the benefit of two parking spaces. This could be a chance to live in one unit and have rental income from the other unit as well as enjoy the ease of "in town" living including walking/biking and public transportation.
  • List Agent: 8459
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Crawl Space, Partial, Stairs - Interior
  • Sq Ft - Apx Finished AG: 1504
  • Sq Ft - Apx Unfinished AG: 504
  • Sq Ft - Apx Unfinished BG: 554

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private, Septic
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: GMPC
  • Total Electric Meters: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Utilities: Cable

Condo/Co-op/Association

  • Management Company: Moseley Associates

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Dresden
  • Elementary School: Marion W. Cross School
  • Middle School: Francis C Richmond Middle Sch
  • High School: Hanover High School
  • Elementary School: Marion W. Cross School
  • High School: Hanover High School

Lot Info

  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: Level, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: VB
  • Deed Book: 183
  • Deed Page: 685
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 9940.84
  • Tax Year: 2019

MLS Schools

  • School District: Dresden
  • School Middle Jr: Francis C Richmond Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Aug 4, 2020
Sold by
Allen Wyatt R and Jeffers Rachel A
Bought by
Allen Wyatt R and Jeffers James D
Seller's Agent
Berna Rexford
Four Seasons Sotheby's Int'l Realty
Buyer's Agent
Rowan Carroll
Coldwell Banker LIFESTYLES - Hanover
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Current Estimated Value
$819,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,268
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Jan 3, 2005
Sold by
Gortner Lynette R
Bought by
Dwinell Mason

Purchase Details

Closed on
May 25, 1995
Sold by
Manasek Francix J
Bought by
Gortner Lynette R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Allen Wyatt R -- --
Allen Wyatt R $500,000 --
Dwinell Mason $250,000 --
Gortner Lynette R $115,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $500,000 +3.1% $332 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $485,000 -- $322 / 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 $12,705 $464,200 $126,900 $337,300
2023 $8,669 $464,200 $126,900 $337,300
2022 $10,857 $464,200 $126,900 $337,300
2021 $10,950 $464,200 $126,900 $337,300
2020 $10,535 $464,200 $126,900 $337,300
2019 $9,941 $464,200 $126,900 $337,300
2018 $9,835 $464,200 $126,900 $337,300
2017 $9,441 $464,200 $126,900 $337,300
2016 $9,370 $464,200 $126,900 $337,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4808493

PrimeMLS

APN: 450-142-12413