NOT LISTED FOR SALE

35 Merchant St Barre, VT 05641

Estimated Value: $647,766

8 Beds
1 Bath
5,486 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 09, 2015

Last sale price $342,000 $62 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,753/month

90 Days on Market

Highlights

  • Corner Lot
  • Accessible Parking
  • Hot Water Heating System
  • Porch
  • Bathroom on Main Level
  • Asbestos

About This Home

As of December 2015

Very well maintained building with 11 one-bedroom apartments. There are 3 separate entry doors to the building so tenants wonât have to deal with traffic in the hallways, plus a large parking lot for ease of parking. There is a shared laundry room accessed from the front of the building that is not currently used but could be. Fire escape balconies were recently added. Great cash flow!

Last Agent to Sell the Property

Samantha Norway

Heney Realtors/Barre License #082.0106384 Listed on: 07/03/2015

Co-Listed By

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388

Last Buyer's Agent

Craig Santenello

Vermont Life Realtors License #081.0134042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,431

Year Built

  • 1890

Lot Details

  • 0.36 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 5,486 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1,120 Car Parking Spaces
  • Stone Driveway

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Water Meter
  • Oil Water Heater

Additional Features

  • Accessible Parking
  • Porch

Community Details

  • 11 Units
  • Gross Income $82,873

Listing and Financial Details

  • Rent includes electric, ground maintenance, heat, hot water, landscaping, parking, plowing, sewer, snow removal, trash, water
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,431

Year Built

1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Assessment Amount: 261850
  • Construction: Existing
  • Total Stories: 2.5
  • Sq Ft - Apx Total Finished: 5486
  • Unit Info: CO Detector, Refrigerator, Smoke Detector
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Equipment: Smoke Detectr-Hard Wired
  • Features Accessibility: 1st Floor 3/4 Bathroom, Access Parking
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 5486

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Asbestos, Vinyl
  • Foundation: Brick, Concrete, Granite
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Corrugated, Metal, Shingle - Fiberglass
  • Features Exterior: Porch

Garage/Parking

  • Parking: Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Conti/Blue Flame
  • Sewer: Metered, Public
  • Water: Metered, Public
  • Water Heater: Oil, Tank
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Hot Water
  • Electric Company: GMP
  • Total Heat Units: 1
  • Total Ranges: 11
  • Total Refrigerators: 11
  • Total Water Heaters: 1

Condo/Co-op/Association

  • Restrictions: Pets - None
  • Services: Cable, Gas - LP/Bottle, Internet - Cable

Lot Info

  • Lot Sq Ft: 15681
  • Lot Acres: 0.36
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: Planned Res

Rental Info

  • Rent Includes: Electric, Ground Maintenance, Heat, Hot Water, Landscaping, Parking, Plowing, Sewer, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 82873
  • Total Units: 11
  • Total1 Bedroom Units: 11

Tax Info

  • Tax Rate: 3.22
  • Tax Gross Amount: 8430.52
  • Tax Year: 2015

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2015 12/09/15 Sold $342,000 -13.4% $62 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $395,000 -- $72 / 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 $4,582 $272,600 $19,600 $253,000
2023 $4,582 $272,600 $19,600 $253,000
2022 $9,856 $272,600 $19,600 $253,000
2021 $10,016 $272,600 $19,600 $253,000
2020 $9,887 $272,600 $19,600 $253,000
2019 $8,980 $261,850 $19,570 $242,280
2018 $8,743 $261,850 $19,570 $242,280
2017 $0 $261,850 $19,570 $242,280
2016 $0 $261,850 $19,570 $242,280
2015 -- $2,619 $0 $0
2014 -- $2,619 $0 $0
2013 -- $2,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4435753

PrimeMLS

APN: 036-011-10111