NOT LISTED FOR SALE

4400 Vt Rte 15 Wolcott, VT 05680

Estimated Value: $348,048

7 Beds
6 Baths
3,994 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $310,000 $78 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,331/month

404 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wood Flooring
  • Balcony
  • 180 Feet of Waterfront
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of August 2022

6 Unit investment property in a convenient location in between Hardwick and Morristown boasts great rents! Historic village property retains its original charm though the mechanicals have been updated throughout. Four 1-Bedroom units, 1 efficiency and a large 2-bedroom provide stable year-round income. Tenants pay electric, TV and internet. Coin op shared washer and dryer on site. Each unit has independent zone to control heat. Spacious back yard leads to the Lamoille River, a great draw for tenants to enjoy lawn games and fishing!

Last Agent to Sell the Property

Penny Mason-Anderson

Pall Spera Company Realtors-Morrisville License #082.0008331 Listed on: 06/23/2021

Last Buyer's Agent

David Rowell

Peter D Watson Agency License #081.0060979

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,683

Year Built

  • Built in 1797

Lot Details

  • 0.66 Acre Lot
  • 180 Feet of Waterfront
  • River Front
  • Open Lot
  • Lot Sloped Up
  • Historic Home

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Dirt Driveway

Home Design

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

Interior Spaces

  • 6 Full Bathrooms
  • 3-Story Property
  • Double Pane Windows
  • Water Views

Flooring

  • Wood
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Balcony
  • Covered patio or porch

Schools

  • Wolcott Elementary School
  • Choice Middle School
  • Choice High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Propane
  • Drilled Well
  • Septic Tank
  • Private Sewer
  • Leach Field
  • High Speed Internet

Community Details

Overview

  • 6 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $32,060
  • Gross Income $64,320
  • Net Operating Income $32,260

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,683

Year Built

Built in 1797

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: Route 15 into Wolcott Village 4400 is located between East Hill Road and School Street. Sign on property.
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 77.62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5880
  • Sq Ft - Apx Total Finished: 3994
  • Year Built: 1797
  • Remarks Public: 6 Unit investment property in a convenient location in between Hardwick and Morristown boasts great rents! Historic village property retains its original charm though the mechanicals have been updated throughout. Four 1-Bedroom units, 1 efficiency and a large 2-bedroom provide stable year-round income. Tenants pay electric, TV and internet. Coin op shared washer and dryer on site. Each unit has independent zone to control heat. Spacious back yard leads to the Lamoille River, a great draw for tenants to enjoy lawn games and fishing!
  • List Agent: 24590
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Apartment Building, Historic Vintage
  • ResoLotFeatures: Major Road Frontage, Open, River Frontage
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater–Gas–LP/Bttle
  • Flooring: Hardwood, Vinyl
  • Total Rooms Above Ground: 18
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Dirt Floor, Full, Stairs - Interior, Walkout, Exterior Access
  • Sq Ft - Apx Finished AG: 3994
  • Sq Ft - Apx Unfinished BG: 1886

Exterior Features

  • Driveway: Dirt, Gravel
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt, Standing Seam
  • Features Exterior: Balcony, Porch - Covered, Windows - Double Pane
  • Water Body Type: River
  • Water Frontage Length: 180
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Lamoille River
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes
  • Water Body Access 2: Yes
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Garage Capacity: 1
  • Parking: Direct Entry, Driveway, On-Site, Parking Spaces 6+, Underground
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: 1500+ Gallon, Leach Field - On-Site, Private, Septic
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 1
  • Utilities: Gas - Lp/Bottle
  • Water Source: Drilled Well

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Wolcott Elementary School
  • Middle School: Choice
  • High School: Choice
  • Elementary School: Wolcott Elementary School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 28750
  • Lot Acres: 0.66
  • Surveyed: Unknown
  • Zoning: Village Core
  • Deed Book: 109
  • Deed Page: 174
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 64320
  • Net Income: 32260
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7683.13
  • Tax Year: 2021

MLS Schools

  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 24, 2022
Sold by
Nev K Llc
Seller's Agent
Penny Mason-Anderson
Pall Spera Company Realtors-Morrisville
Buyer's Agent
David Rowell
Peter D Watson Agency
List Price
$365,000
Sold Price
$310,000
Premium/Discount to List
-$55,000
-15.07%
Current Estimated Value
$348,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,048
Avg. Annual Appreciation
4.18%
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
-- $310,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $310,000 -15.1% $78 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $365,000 +17.7% $91 / Sq Ft
02/07/2022 02/07/22 Off Market $310,000 -- --
09/08/2021 09/08/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $325,000 0.0% $81 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $325,000 +30.0% $81 / Sq Ft
11/15/2016 11/15/16 Sold $250,000 -13.5% $63 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
09/11/2015 09/11/15 For Sale $289,000 -- $72 / 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 $4,913 $302,700 $22,500 $280,200
2023 $4,913 $302,700 $22,500 $280,200
2022 $7,176 $302,700 $22,500 $280,200
2021 $7,511 $302,700 $22,500 $280,200
2020 $7,683 $302,700 $22,500 $280,200
2019 $7,107 $302,700 $22,500 $280,200
2018 $6,752 $302,700 $22,500 $280,200
2017 $6,523 $302,700 $22,500 $280,200
2016 $2,509 $115,900 $22,500 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4868247

PrimeMLS

APN: 777-247-10473