NOT LISTED FOR SALE

49 Dunham Ave North Bennington, VT 05257

Estimated Value: $379,130 - $554,000

7 Beds
4 Baths
3,470 Sq Ft
$133/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $310,000 $89 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,951/month

72 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Countryside Views
  • Covered Patio or Porch
  • Garden

About This Home

As of October 2021

Excellent investment opportunity! Netting over $34k annually, this 4-unit on the outskirts of North Bennington is fully rented and ready for you to let the cash flow. Desirable location within walking distance to village bars & restaurants, corner stores, laundromat, library, Lake Paran and more. School choice for grades K-6 including Village School of North Bennington, Shaftsbury Elementary, or any public school you choose to send your child to. Original 1925 duplex is side-by-side with (2) up and down units... unit A has 3 bedrooms and 3/4 bath, unit B has 2 bedrooms and 1 full bath. Hardwood floors throughout, with main level living rooms & eat-in kitchens, and all beds/baths upstairs. In 2020, seller installed new oil tank, Buderus boiler & separate hot water tanks. Front & rear covered porches have been rebuilt. Behind the main house is a separate building with 1-car garage and (2) large studio apartments with 3/4 baths. This building has vinyl siding and in 2005 got a new oil tank and Peerless boiler with domestic hot water. Seller owns all the appliances (fridge & elec range in every apartment) so they will convey to new owner. There is a washer/dryer in the garage building but per the lease terms tenants do not use it. Fantastic backyard, a sunny common space for all to enjoy. Town water and private 1000 gallon septic system, recently pumped. An easy property to manage, with low vacancy, strong financials and so many improvements already done!

Last Agent to Sell the Property

Jenifer Prouty Hoffman

Hoffman Real Estate License #081.0113415 Listed on: 05/07/2021

Last Buyer's Agent

Jenifer Prouty Hoffman

Hoffman Real Estate License #081.0113415 Listed on: 05/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1925

Lot Details

  • 0.62 Acre Lot
  • Level Lot
  • Garden

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Countryside Views

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Exterior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

  • Choice Elementary School
  • Mt. Anthony Union Middle Sch
  • Mt. Anthony Sr. Uhsd 14 High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank
  • Leach Field
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $18,811
  • Gross Income $57,000
  • Net Operating Income $38,189

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,144

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Colonial, Duplex, Multi-Family
  • Directions: From Pangea in North Bennington, head North on 67A. Turn left onto VT-67, bear right onto Bank St. Turn right onto Dunham Ave., the property will be the second house on the left.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 89.34
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4580
  • Sq Ft - Apx Total Finished: 3470
  • Year Built: 1925
  • Remarks Public: Excellent investment opportunity! Netting over $34k annually, this 4-unit on the outskirts of North Bennington is fully rented and ready for you to let the cash flow. Desirable location within walking distance to village bars & restaurants, corner stores, laundromat, library, Lake Paran and more. School choice for grades K-6 including Village School of North Bennington, Shaftsbury Elementary, or any public school you choose to send your child to. Original 1925 duplex is side-by-side with (2) up and down units... unit A has 3 bedrooms and 3/4 bath, unit B has 2 bedrooms and 1 full bath. Hardwood floors throughout, with main level living rooms & eat-in kitchens, and all beds/baths upstairs. In 2020, seller installed new oil tank, Buderus boiler & separate hot water tanks. Front & rear covered porches have been rebuilt. Behind the main house is a separate building with 1-car garage and (2) large studio apartments with 3/4 baths. This building has vinyl siding and in 2005 got a new oil tank and Peerless boiler with domestic hot water. Seller owns all the appliances (fridge & elec range in every apartment) so they will convey to new owner. There is a washer/dryer in the garage building but per the lease terms tenants do not use it. Fantastic backyard, a sunny common space for all to enjoy. Town water and private 1000 gallon septic system, recently pumped. An easy property to manage, with low vacancy, strong financials and so many improvements already done!
  • List Agent: 12936
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Full, Unfinished, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3470
  • Sq Ft - Apx Unfinished AG: 150
  • Sq Ft - Apx Unfinished BG: 960

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding, Wood
  • Foundation: Poured Concrete, Stone
  • Road Frontage: Yes
  • Roads: Gravel, Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Garden Space, Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Leach Field - Conventionl, Septic
  • Water: Public
  • Water Heater: Electric, Off Boiler, Oil, Owned, Tank
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: Green Mountain Power
  • Total Electric Meters: 3
  • Total Heat Units: 2
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 2
  • Utilities: Cable - At Site, Internet - Cable, Telephone At Site

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Southwest Vermont
  • Elementary School: Choice
  • Middle School: Mt. Anthony Union Middle Sch
  • High School: Mt. Anthony Sr. UHSD 14
  • Elementary School: Choice
  • High School: Mt. Anthony Sr. UHSD 14

Lot Info

  • Village/District/Locale: North Bennington
  • Lot Sq Ft: 27007
  • Lot Acres: 0.62
  • Lot Description: Country Setting, Level
  • Zoning: VR
  • Deed Book: 114
  • Deed Page: 576
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 57000
  • Net Income: 38189
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2020-2021
  • Tax Gross Amount: 4143.95
  • Tax Year: 2021

MLS Schools

  • School District: Southwest Vermont
  • School Middle Jr: Mt. Anthony Union Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Oct 8, 2021
Sold by
Palmer Daniel W
Bought by
Caiola Taylor
Seller's Agent
Jenifer Prouty Hoffman
Hoffman Real Estate
Buyer's Agent
Jenifer Prouty Hoffman
Hoffman Real Estate
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$460,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,533
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Hrbek Jeremy J and Hrbek Denise Olin
Bought by
Palmer Daniel W
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
Caiola Taylor $310,000 --
Palmer Daniel W $103,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $310,000 -4.6% $89 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $325,000 -- $94 / 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 -- $212,100 $32,400 $179,700
2023 -- $212,100 $32,400 $179,700
2022 $4,285 $212,100 $32,400 $179,700
2021 $4,187 $208,700 $32,400 $176,300
2020 $4,106 $208,700 $32,400 $176,300
2019 $3,983 $208,700 $32,400 $176,300
2018 $3,885 $208,700 $32,400 $176,300
2016 $3,800 $208,700 $32,400 $176,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4859583

PrimeMLS

APN: (254)132109