NOT LISTED FOR SALE
11 Beds
6 Baths
4,980 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: August 29, 2013

Last sale price $350,000 $70 Per Sq Ft

12 Days on Market

Highlights

  • Mountain View
  • Softwood Flooring
  • Porch
  • Main Street School Rated A-
  • Main Floor Bedroom
  • Accessible Parking

About This Home

As of August 2013

Large, sunny 5 (or 6) apartment unit building just outside of downtown on East State St. Great location near everything but just far enough from the center of town to provide a nice, quiet residential environment. Front has large, arch-top windows, beautiful Italianate detailing, and nice portico entries. Zoned CB2 so potential for commercial as well as residential rental. Great rental history and #'s. 4 separate entrances (3 of the 5 units have private entrances), parking for 8 vehicles with back stairs/entry off parking area, 3 story back porch with views over town, light/sunny living spaces and lots of space in general. 2 storage rooms in back and ample storage space in apartments. Newer High efficient propane boiler, modern zoned baseboard hot water heat, and lots of passive solar make this building surprisingly energy efficient. Listing agent is part owner of building.

Last Agent to Sell the Property

Soren Pfeffer

Central Vermont Real Estate License #081.0055254 Listed on: 07/18/2013

Last Buyer's Agent

Janel Johnson

Coldwell Banker Hickok & Boardman / E. Montpelier License #082.0008306

Coldwell Banker Hickok & Boardman / E. Montpelier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 5,662 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 3-Story Property
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Softwood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • 6 Full Bathrooms

Parking

  • 510 Car Parking Spaces
  • Gravel Driveway
  • On-Site Parking

Accessible Home Design

  • Kitchen has a 60 inch turning radius
  • Hard or Low Nap Flooring
  • Accessible Parking

Schools

  • Union Elementary School
  • Main Street Middle School
  • Montpelier High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Water Meter
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Heating system powered by passive solar
  • Porch

Listing and Financial Details

  • Rent includes heat, hot water, parking, plowing, sewer, trash, water

Community Details

Overview

  • Association fees include heat
  • 5 Units

Building Details

  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

5,662 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Directions: From the corner of State St. & Main St. go up East State St. toward Vermont College of Fine Arts. It's on the left about 100 yards from the main intersection in town.
  • Footprint: 25x60+8x20
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 70.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 5730
  • Unit Info: Deck, Heat, Hot Water, Refrigerator
  • Year Built: 1890
  • List Agent: 21678
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Features Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Access Mailboxes No Steps, Access Parking, Kitchen w/5 Ft. Diameter
  • Flooring: Carpet, Hardwood, Laminate, Softwood, Vinyl
  • Basement: Yes
  • Basement Description: Finished, Full, Unfinished
  • Sq Ft - Apx Finished AG: 4980
  • Sq Ft - Apx Finished BG: 750

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Wood
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Porch

Garage/Parking

  • Parking: On-Site, Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Metered, Public
  • Water Heater: Gas - LP/Bottle, Off Boiler
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water, Passive Solar
  • Separate Utilities: Varies
  • Total Heat Units: 1
  • Total Ranges: 5
  • Total Refrigerators: 6
  • Total Water Heaters: 1
  • Trash: Owner, Recycle
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable

Condo/Co-op/Association

  • Fee Includes: Heat

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Union Elementary School
  • High School: Montpelier High School

Lot Info

  • Lot Sq Ft: 5662
  • Lot Acres: 0.13
  • Lot Description: City Lot, Level, Mountain View, View
  • Zoning: CB 2
  • Deed Book: 327
  • Deed Page: 347
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Heat, Hot Water, Parking, Plowing, Sewer, Trash, Water

Multi Family

  • Gross Income: 62400
  • Total Full Baths: 6
  • Total Units: 5
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 9119.88
  • Tax Year: 2013

MLS Schools

  • School District: Montpelier School District
  • School Middle Jr: Main Street Middle School
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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
08/29/2013 08/29/13 Sold $350,000 -6.7% $70 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $375,000 -- $75 / 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 $8,531 $636,800 $92,400 $544,400
2023 $7,789 $636,800 $92,400 $544,400
2022 $10,848 $352,800 $54,200 $298,600
2021 $10,900 $352,800 $54,200 $298,600
2020 $10,769 $352,800 $54,200 $298,600
2019 $7,929 $352,800 $54,200 $298,600
2018 $9,896 $352,800 $54,200 $298,600
2017 $0 $352,800 $54,200 $298,600
2016 $0 $352,800 $54,200 $298,600
2015 -- $3,528 $0 $0
2014 -- $3,528 $0 $0
2013 -- $3,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4255560

PrimeMLS

APN: (126) 041036000

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