NOT LISTED FOR SALE

40 Blum Ct Colchester, VT 05446

Estimated Value: $457,000 - $920,478

8 Beds
2 Baths
4,310 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $850,000 $197 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,030/month

Highlights

  • New Construction
  • Deck
  • Covered patio or porch
  • 1.65 Acre Lot
  • Radiant Floor
  • 4 Car Direct Access Garage

About This Home

As of December 2023

Fantastic opportunity to purchase and complete a new neighborhood in Colchester. This 4-unit project includes two units already under construction, with one unit nearly complete. The units are mirror images, each with a fresh and open floor plan packed with stylish design features, including manufactured wood flooring with radiant heat, a curved wall, modern cable railings, and recessed lighting accented with pendant lights. Two additional lots are permitted on the site and you can bring your own plans. The location cannot be beat - walk, bike or drive to restaurants, coffee shops, and walking trails. Less than 3 miles to UVM Medical Center.

Last Agent to Sell the Property

Carolyn Weaver

KW Vermont License #082.0006303 Listed on: 12/04/2023

KW Vermont

Last Buyer's Agent

Prem Bhattarai

KW Vermont License #082.0134948

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.65 Acre Lot
  • Lot Sloped Up

Parking

  • 4 Car Direct Access Garage
  • Dry Walled Garage
  • Automatic Garage Door Opener
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Duplex
  • Poured Concrete
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3-Story Property

Flooring

  • Radiant Floor
  • Ceramic Tile

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Basement Storage

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Malletts Bay Elementary School
  • Colchester Middle School
  • Colchester High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Septic Tank
  • Leach Field

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,911

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Townhouse
  • Directions: Colchester Ave to Malletts Bay Ave, unmarked Driveway on right, before Young Street.
  • Construction: New Construction
  • Total Stories: 3
  • Price Per Sq Ft: 212.5
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5590
  • Sq Ft - Apx Total Finished: 4310
  • Year Built: 2021
  • Remarks Public: Fantastic opportunity to purchase and complete a new neighborhood in Colchester. This 4-unit project includes two units already under construction, with one unit nearly complete. The units are mirror images, each with a fresh and open floor plan packed with stylish design features, including manufactured wood flooring with radiant heat, a curved wall, modern cable railings, and recessed lighting accented with pendant lights. Two additional lots are permitted on the site and you can bring your own plans. The location cannot be beat - walk, bike or drive to restaurants, coffee shops, and walking trails. Less than 3 miles to UVM Medical Center.
  • List Agent: 3643
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Manufactured
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Partially Finished, Stairs - Interior, Storage Space, Walkout
  • Sq Ft - Apx Finished AG: 4000
  • Sq Ft - Apx Finished BG: 310
  • Sq Ft - Apx Unfinished BG: 1280

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Poured Concrete
  • Roads: Association, Dead End, Private
  • Roof: Shingle - Architectural
  • Features Exterior: Deck, Porch - Covered

Garage/Parking

  • Garage Capacity: 4
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry, Finished
  • Garage Type: Under

Utilities

  • Cable Company: Comcast or Satellite
  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Concrete, Leach Field, Septic
  • Water: Public
  • Water Heater: Gas - Natural, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Radiant Floor
  • Electric Company: GMP
  • Phone Company: Comcast
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Underground Utilities

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Colchester School District
  • Elementary School: Malletts Bay Elementary School
  • Middle School: Colchester Middle School
  • High School: Colchester High School
  • Elementary School: Malletts Bay Elementary School
  • High School: Colchester High School

Lot Info

  • Lot Sq Ft: 71874
  • Lot Acres: 1.65
  • Lot Description: City Lot, Condo Development
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 804
  • Deed Page: 730
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes

Multi Family

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

MLS Schools

  • School District: Colchester School District
  • School Middle Jr: Colchester Middle School

Range of Values:

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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 Change Sq Ft Price
12/04/2023 12/04/23 Sold $850,000 0.0% $197 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $850,000 -- $197 / 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 $2,911 $0 $0 $0
2023 $2,679 $0 $0 $0
2022 $2,569 $0 $0 $0
2021 $2,597 $0 $0 $0
2020 $3,442 $0 $0 $0
2019 $3,321 $0 $0 $0
2018 $3,243 $0 $0 $0
2017 $1,068 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4979329

PrimeMLS

APN: (048) 28-0790020010000