NOT LISTED FOR SALE

40 Main St Springfield, VT 05156

Estimated Value: $392,849

-- Bed
-- Bath
6,318 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $324,000 $51 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,529/month

81 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • 4-minute walk to Springfield Parks & Recreation
  • Baseboard Heating
  • Walk-Up Access

About This Home

As of January 2023

ATTENTION INVESTORS!! 4 APARTMENTS PLUS COMMERCIAL RENTAL, SEPARATE FURNACES, PROPANE, AND ELECTRIC HOT WATER HEATERS FOR EACH APARTMENT AND RESTAURANT PLUS SEPARATE ELECTRIC METERS FOR EACH APARTMENT AND RESTAURANT. 48 HOURS NOTICE TO SHOW.

Last Agent to Sell the Property

Don Chabot

Town and Country Realty License #081.0001212 Listed on: 06/17/2022

Last Buyer's Agent

Shawna Fox

KW Vermont Woodstock

KW Vermont Woodstock

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 1812

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $25,100
  • Gross Income $59,232
  • Net Operating Income $34,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,018

Year Built

Built in 1812

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Level
  • Directions: DOWNTOWN SPRINGFIELD CORNER OF MAIN AND SUMMER ST
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 51.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 10318
  • Sq Ft - Apx Total Finished: 6318
  • Year Built: 1812
  • Remarks Public: ATTENTION INVESTORS!! 4 APARTMENTS PLUS COMMERCIAL RENTAL, SEPARATE FURNACES, PROPANE, AND ELECTRIC HOT WATER HEATERS FOR EACH APARTMENT AND RESTAURANT PLUS SEPARATE ELECTRIC METERS FOR EACH APARTMENT AND RESTAURANT. 48 HOURS NOTICE TO SHOW.
  • List Agent: 1442
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete, Full
  • Sq Ft - Apx Finished AG: 6318
  • Sq Ft - Apx Unfinished AG: 2000
  • Sq Ft - Apx Unfinished BG: 2000

Exterior Features

  • Construction: Masonry
  • Driveway: Paved
  • Exterior: Brick
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Rolled

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Cooling: Individual
  • Separate Utilities: Yes
  • Utilities: Cable - At Site, Gas - Lp/Bottle, Internet - Cable, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 2178
  • Lot Acres: 0.05
  • Lot Description: Corner
  • Surveyed: Unknown
  • Zoning: COMMERCIAL
  • Deed Book: 417
  • Deed Page: 235
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 59232
  • Net Income: 34000
  • Total Units: 5
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 6018
  • Tax Year: 2021

Range of Values:

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Average Value
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Sold Price
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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
01/13/2023 01/13/23 Sold $324,000 -1.5% $51 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $329,000 -- $52 / 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 -- $0 $0 $0
2023 -- $17,094 $0 $0
2022 $0 $17,094 $0 $0
2021 $0 $20,530 $0 $0
2020 $0 $20,530 $0 $0
2019 $0 $32,305 $0 $0
2018 $0 $32,305 $0 $0
2016 $0 $35,020 $0 $35,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4916273

PrimeMLS

APN: 606-190-13947