NOT LISTED FOR SALE

Estimated Value: $283,698

6 Beds
5 Baths
2,443 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $180,000 $74 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,746/month

238 Days on Market

Highlights

  • Water Views
  • Baseboard Heating
  • Wood Siding
  • Covered Patio or Porch
  • High Speed Internet
  • 3-minute walk to City Hall Park

About This Home

As of December 2020

The owner has worked diligently at maintaining and updating this building. In 2019 it installed a new oil boiler complete with a manifold with individual circulators for each zone. With proactive management it has been able to keep the building full. This property has an unusually large parking lot for properties in this area. The owner has worked diligently at maintaining and updating this building. In Owner may elect to enter into a 1031 Exchange.

Last Agent to Sell the Property

Michael Skinner

KW Vermont License #082.0002830 Listed on: 02/12/2020

KW Vermont

Last Buyer's Agent

Hannah Dawson

The Real Estate Collaborative License #081.0134035

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1894

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2,443 Sq Ft Home
  • 2-Story Property
  • Water Views

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Parking

  • 6 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding UHS #41 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $18,761
  • Gross Income $49,236
  • Net Operating Income $30,475

Property Details

Home Type

Apartment

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From 302 in Barre City go south on South Main Street (Rt 14), property is on the right a few buildings south of Prospect Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 73.68
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3549
  • Sq Ft - Apx Total Finished: 2443
  • Property Type: Multi-Family
  • Year Built: 1894
  • Remarks Public: The owner has worked diligently at maintaining and updating this building. In 2019 it installed a new oil boiler complete with a manifold with individual circulators for each zone. With proactive management it has been able to keep the building full. This property has an unusually large parking lot for properties in this area. The owner has worked diligently at maintaining and updating this building. Owner may elect to enter into a 1031 Exchange.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Daylight, Storage Space, Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 2443
  • Sq Ft - Apx Unfinished BG: 1106

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Metal, Vinyl, Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered
  • Water Body Type: River
  • Water Body Name 2: Stevens Branch
  • Water View: Yes

Garage/Parking

  • Parking: Off Street, On-Site, Parking Spaces 6+, Paved

Utilities

  • Electric: 100 Amp
  • Fuel Company: Conti
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: GMP
  • Total Electric Meters: 5
  • Total Heat Units: 1
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 1
  • Trash: Dumpster
  • Utilities: Cable - At Site, Dsl, Dsl - Available, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Barre City School District
  • Elementary School: Barre City Elem & Middle Sch
  • Middle School: Barre City Elem & Middle Sch
  • High School: Spaulding UHS #41
  • Elementary School: Barre City Elem & Middle Sch
  • High School: Spaulding UHS #41

Lot Info

  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Lot Description: City Lot, Sidewalks, Water View
  • Surveyed: Unknown
  • Zoning: UC 2
  • Deed Book: 256
  • Deed Page: 124-125
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 49236
  • Net Income: 30475
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 6056
  • Tax Year: 2019

MLS Schools

  • School District: Barre City School District
  • School Middle Jr: Barre City Elem & Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2009
Sold by
Barton Richard A
Bought by
Boucher Properties Llc
Current Estimated Value
$283,698
Source: Public Records

Range of Values:

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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
Boucher Properties Llc $175,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $180,000 0.0% $74 / Sq Ft
10/07/2020 10/07/20 Off Market $180,000 -- --
10/07/2020 10/07/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $189,500 -9.8% $78 / Sq Ft
02/12/2020 02/12/20 For Sale $210,000 -- $86 / 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 $2,901 $172,600 $14,680 $157,920
2023 $2,901 $172,600 $14,400 $158,200
2022 $6,241 $172,600 $14,400 $158,200
2021 $6,342 $172,600 $14,400 $158,200
2020 $6,260 $172,600 $14,400 $158,200
2019 $6,056 $172,600 $14,400 $158,200
2018 $5,874 $172,600 $14,400 $158,200
2016 $5,659 $172,600 $14,400 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4793813

PrimeMLS

APN: 036-011-10202