$190,000
SOLD SEP 20, 2024

40 Ayers St Barre, VT 05641

6 Beds
2 Baths
2,621 Sq Ft
0.7 Acres

Recently Sold

$72 Per Sq Ft

5% Below List Price

Highlights

  • Covered patio or porch
  • 3 Car Garage
  • Wood Siding
  • Baseboard Heating
  • High Speed Internet
  • Mini Split Air Conditioners

About This Home

As of September 2024

Solid duplex with 3 bdrms and 1/5 bathrooms in each unit. Units are townhouse style, one unit in the front and one in the back. New standing seam roof. Newer three car detached garage, with OWNED solar array that provides power for the front unit. Newer boiler in the front unit. Separate heat. It was owner occupied for years, and the back unit was, shall we say, not maximally rented. Financials would be a wild guess, but smart buyers can pencil it out. Here's the deal--this building needs cosmetic work but it appears to be sound structurally and systems-wise. Seller is an estate, and may or may not be willing/able to remove the personal property in the front unit and/or the garage. Gut check...is a weekend doing a trash out going to stop you from buying this? If not, then you have the right attitude about owning multifamily. Cuz trash outs come with the territory. Strong preference given to AS-IS offers with short escrow. Cash probably gives you a leg up. All offers considered, but let's not be silly about lowballing. A fair offer likely gets you this property. Once you get this cleaned and ready, it's going to easy to place tenants, and it will get quality rents.

Last Agent to Sell the Property

Ray Mikus

Green Light Real Estate License #081.0078511 Listed on: 09/20/2024

Last Buyer's Agent

Kevin Casey

Coldwell Banker Hickok & Boardman / E. Montpelier License #081.0134183

Coldwell Banker Hickok & Boardman / E. Montpelier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1894

Lot Details

  • 0.7 Acre Lot
  • Lot Sloped Up

Parking

  • 3 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Net Metering or Smart Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • City Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,150

Year Built

Built in 1894

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Directions: In Barre, take Main Street to Ayers (toward Spaulding HS). Property is on the left.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 72.49
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4023
  • Sq Ft - Apx Total Finished: 2621
  • Year Built: 1894
  • Remarks Public: Solid duplex with 3 bdrms and 1/5 bathrooms in each unit. Units are townhouse style, one unit in the front and one in the back. New standing seam roof. Newer three car detached garage, with OWNED solar array that provides power for the front unit. Newer boiler in the front unit. Separate heat. It was owner occupied for years, and the back unit was, shall we say, not maximally rented. Financials would be a wild guess, but smart buyers can pencil it out. Here's the deal--this building needs cosmetic work but it appears to be sound structurally and systems-wise. Seller is an estate, and may or may not be willing/able to remove the personal property in the front unit and/or the garage. Gut check...is a weekend doing a trash out going to stop you from buying this? If not, then you have the right attitude about owning multifamily. Cuz trash outs come with the territory. Strong preference given to AS-IS offers with short escrow. Cash probably gives you a leg up. All offers considered, but let's not be silly about lowballing. A fair offer likely gets you this property. Once you get this cleaned and ready, it's going to easy to place tenants, and it will get quality rents.
  • List Agent: 23070
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Duplex
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 2621
  • Sq Ft - Apx Unfinished BG: 1402

Exterior Features

  • Driveway: Gravel
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Standing Seam
  • Features Exterior: Porch - Covered
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Capacity: 3
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s), Net Meter
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Cooling: Mini Split
  • Electric Company: GMP
  • Utilities: Cable - Available, Telephone Available
  • Water Source: Public

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 High School
  • Elementary School: Barre City Elem & Middle Sch
  • High School: Spaulding High School

Lot Info

  • Lot Sq Ft: 30492
  • Lot Acres: 0.7
  • Surveyed: Unknown
  • Zoning: Residential 12
  • Deed Book: 176
  • Deed Page: 585
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3149.82
  • Tax Year: 2023

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

Listed on
Sep 20, 2024
Closed on
Sep 20, 2024
Sold by
Estate Of Toby E Mills
Bought by
Jace Properties Llc
Seller's Agent
Ray Mikus
Green Light Real Estate
Buyer's Agent
Kevin Casey
Coldwell Banker Hickok & Boardman / E. Montpelier
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Total Days on Market
0
Views
3
Current Estimated Value
$192,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,530
Avg. Annual Appreciation
5.43%
Source: Public Records

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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 Type Sale Price Title Company
Deed $190,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $190,000 -4.5% $72 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $199,000 -- $76 / 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 $3,150 $191,800 $32,007 $159,793
2023 $3,150 $187,400 $32,000 $155,400
2022 $6,776 $187,400 $32,000 $155,400
2021 $6,886 $187,400 $32,000 $155,400
2020 $6,408 $187,400 $32,000 $155,400
2019 $6,467 $184,300 $32,000 $152,300
2018 $5,808 $179,900 $32,000 $147,900
2016 $5,610 $179,900 $32,000 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5015698

PrimeMLS

APN: 036-011-12136