NOT LISTED FOR SALE

3415 W Shore Rd Alburgh, VT 05440

Estimated Value: $268,000 - $454,000

4 Beds
2 Baths
2,623 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $179,900 $69 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,367/month

477 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 2.88 Acre Lot
  • Agricultural
  • Lake Front
  • Countryside Views
  • Forced Air Heating System

About This Home

As of September 2020

Check this out! Up to 12% cap rate depedning on how the utilities are split!!!!!! Plus 20 feet of owned accessible lakefront, perfect for dock, mooring or conoe. There is much more to this than meets the eye! It's a combination of flexibility and multiple uses. This property is perfect for owner occupied or great investment opportunity! Two rental apartments with plenty of space and excellent history. A huge garage big enough for 6-8 cars, plus a large heated workshop. A massive second floor loft that can be used for dry storage. Almost 3 acres of land for gardening or other outdoor activities.

Last Agent to Sell the Property

Rachel Smith

S. R. Smith Real Estate License #081.0003369 Listed on: 03/08/2019

Last Buyer's Agent

Livian Vermont

KW Vermont License #082.0133781

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,276

Year Built

  • Built in 1980

Lot Details

  • 2.88 Acre Lot
  • Lake Front
  • Open Lot
  • Lot Sloped Up

Parking

  • 4 Car Garage
  • Tuck Under Garage
  • Gravel Driveway

Home Design

  • Converted Dwelling
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,623 Sq Ft Home
  • 2-Story Property
  • Countryside Views

Outdoor Features

  • Deeded Waterfront Access Rights
  • Restricted Water Access

Schools

  • Alburgh Community Ed. Center Elementary School
  • Choice Middle School
  • Choice High School

Farming

  • Agricultural

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Leach Field
  • High Speed Internet

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $6,877
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,276

Year Built

Built in 1980

Lot Details

2.88 Acres

Parking

4

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 68.59
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2623
  • Sq Ft - Apx Total Finished: 2623
  • Year Built: 1980
  • List Agent: 13341
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Sq Ft - Apx Finished AG: 2623

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Channel
  • Water Body Type: Lake
  • Water Restrictions: Yes
  • Water Body Name 2: Lake Champlain
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned

Garage/Parking

  • Garage Capacity: 4
  • Garage: Yes
  • Garage Type: Under

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Leach Field, On-Site Septic Exists, Private, Septic
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air, Hot Air, Monitor Type
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Dsl - Available, Gas - Lp/Bottle, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Alburgh Community Ed. Center
  • High School: Choice

Lot Info

  • Lot Sq Ft: 125453
  • Lot Acres: 2.88
  • Lot Description: Agricultural, Country Setting, Lake Frontage, Open, View, Waterfront
  • Surveyed: Unknown
  • Zoning: res-agr
  • Deed Book: 174
  • Deed Page: 498-500
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 28800
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4276
  • Tax Year: 2019

MLS Schools

  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Sep 18, 2020
Sold by
Luhmann Jennifer
Bought by
Lapan Matthew
Seller's Agent
Rachel Smith
S. R. Smith Real Estate
Buyer's Agent
Livian Vermont
KW Vermont
List Price
$289,900
Sold Price
$179,900
Premium/Discount to List
-$110,000
-37.94%
Current Estimated Value
$362,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,838
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
Oct 13, 2017
Sold by
Haeberle Mary E and Haeberle Joe R
Bought by
Luhmann Jennifer M

Purchase Details

Closed on
Jul 14, 2017
Sold by
Haeberle Mary E and Haeberle Joe R
Bought by
Luhmann Jennifer M
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
Lapan Matthew $179,900 --
Lapan Matthew $179,900 --
Luhmann Jennifer M -- --
Luhmann Jennifer M -- --
Luhmann Jennifer M -- --
Luhmann Jennifer M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $179,900 0.0% $69 / Sq Ft
06/27/2020 06/27/20 Off Market $179,900 -- --
06/27/2020 06/27/20 Pending -- -- --
06/25/2020 06/25/20 Pending -- -- --
06/25/2020 06/25/20 Off Market $179,900 -- --
10/23/2019 10/23/19 Price Changed $179,900 -5.3% $69 / Sq Ft
03/08/2019 03/08/19 Price Changed $189,900 -34.5% $72 / Sq Ft
03/08/2019 03/08/19 For Sale $289,900 -- $111 / Sq Ft
Source: PrimeMLS

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 $6,002 $225,400 $76,200 $149,200
2023 $4,325 $225,400 $76,200 $149,200
2022 $4,325 $225,400 $76,200 $149,200
2021 $4,325 $225,400 $76,200 $149,200
2019 $4,325 $225,400 $76,200 $149,200
2018 $4,252 $225,400 $76,200 $149,200
2017 -- $225,400 $76,200 $149,200
2016 -- $225,400 $76,200 $149,200
2015 -- $2,254 $0 $0
2014 -- $2,254 $0 $0
2013 -- $2,254 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Smith

    Seller's Agent in 2020

    Rachel Smith

    S. R. Smith Real Estate

    (802) 782-4961

    81 Total Sales

    Rachel Smith
    Section Image

  • L

    Buyer's Agent in 2020

    Livian Vermont

    KW Vermont

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4739430

PrimeMLS

APN: 009-003-11808

Vermont Grand Isle County Alburgh 05440

3415 W Shore Rd, Alburgh, VT

Not Listed for Sale

MultiFamily

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