NOT LISTED FOR SALE

4623 Laporte Rd Morrisville, VT 05661

Estimated Value: $441,000 - $555,618

3 Beds
2 Baths
1,730 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $352,000 $203 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,297/month

11 Days on Market

Highlights

  • 2.75 Acre Lot
  • Deck
  • Covered Patio or Porch
  • Cape Cod Architecture
  • Wood Flooring
  • Gazebo

About This Home

As of June 2022

Great opportunity for a young couple or investor to live in one side and enjoy income from the other side. The current rents are below market value as the occupants are employees of the seller. The unit facing Stowe is a 2 story, 3 BR unit which enjoys the use of the two car garage, The back side is a one story, 2 bedroom unit. Both were completely remodeled in 2016. The exterior had all necessary clapboards replaced, totally new paint, new garage door and a new roof on the entire building in 2016. The 2.75 acre lot is level & about 90% open lawn very well landscaped.

Last Agent to Sell the Property

Ken Libby

KW Vermont-Stowe License #081.0002943 Listed on: 11/19/2020

KW Vermont-Stowe

Last Buyer's Agent

Pete Kelly

KW Vermont-Stowe License #082.0071763

KW Vermont-Stowe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,778

Year Built

  • Built in 1983

Lot Details

  • 2.75 Acre Lot
  • Landscaped
  • Level Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,730 Sq Ft Home
  • 1.5-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Gazebo

Schools

  • Morristown Elementary School
  • Peoples Academy Middle Level
  • Peoples Academy High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Propane
  • Drilled Well
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $26,400

Listing and Financial Details

  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,778

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: From Stowe, property located about 1/2 mile across the Stowe-Morristown townline on the right just before Vanesse Road. From Morristown village it's 4/6 miles on the left just pass Vanesse Road
  • Assessment Amount: 302500
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 203.47
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2666
  • Sq Ft - Apx Total Finished: 1730
  • Year Built: 1983
  • Remarks Public: Great opportunity for a young couple or investor to live in one side and enjoy income from the other side. The current rents are below market value as the occupants are employees of the seller. The unit facing Stowe is a 2 story, 3 BR unit which enjoys the use of the two car garage, The back side is a one story, 2 bedroom unit. Both were completely remodeled in 2016. The exterior had all necessary clapboards replaced, totally new paint, new garage door and a new roof on the entire building in 2016. The 2.75 acre lot is level & about 90% open lawn very well landscaped.
  • List Agent: 21270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Insulated, Interior Access
  • Sq Ft - Apx Finished AG: 1730
  • Sq Ft - Apx Unfinished BG: 936

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Garden Space, Gazebo, Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 5
  • Garage: Yes
  • Garage Description: Assigned, Auto Open
  • Garage Type: Attached

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Sewer: On-Site Septic Exists
  • Water: Drilled Well
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: MWL
  • Phone Company: Consolidated
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable - Available, Gas - Lp/Bottle

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Lamoille South
  • Elementary School: Morristown Elementary School
  • Middle School: Peoples Academy Middle Level
  • High School: Peoples Academy
  • Elementary School: Morristown Elementary School
  • High School: Peoples Academy

Lot Info

  • Lot Sq Ft: 119790
  • Land Gains: To Be Determined
  • Lot Acres: 2.75
  • Lot Description: Landscaped, Level, Major Road Frontage
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 229
  • Deed Page: 197

Multi Family

  • Gross Income: 26400
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Rate: 2.57
  • Tax Gross Amount: 7777.58
  • Tax Year: 2020

MLS Schools

  • School District: Lamoille South
  • School Middle Jr: Peoples Academy Middle Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jun 10, 2022
Sold by
Shonio Todd
Bought by
Mainus Michelle
Seller's Agent
Ken Libby
KW Vermont-Stowe
Buyer's Agent
Pete Kelly
KW Vermont-Stowe
List Price
$350,000
Sold Price
$352,000
Premium/Discount to List
$2,000
0.57%
Current Estimated Value
$493,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,655
Avg. Annual Appreciation
12.60%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Mainus Michelle $352,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $352,000 0.0% $203 / Sq Ft
11/19/2021 11/19/21 Off Market $352,000 -- --
11/30/2020 11/30/20 Pending -- -- --
11/29/2020 11/29/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $350,000 +52.2% $202 / Sq Ft
09/08/2016 09/08/16 Sold $230,000 -23.1% $65 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $299,000 +55.3% $84 / Sq Ft
10/26/2012 10/26/12 Sold $192,500 -22.7% $120 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
11/13/2010 11/13/10 For Sale $249,000 -- $155 / 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 $8,277 $402,400 $73,300 $329,100
2023 $4,750 $402,400 $73,300 $329,100
2022 $8,436 $305,800 $58,300 $247,500
2021 $8,143 $305,800 $58,300 $247,500
2020 $7,862 $305,800 $58,300 $247,500
2019 $7,623 $305,800 $58,300 $247,500
2018 $7,355 $305,800 $58,300 $247,500
2017 $7,192 $305,800 $58,300 $247,500
2016 $7,029 $305,800 $58,300 $247,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4839356

PrimeMLS

APN: 414-129-10511