NOT LISTED FOR SALE

5 Park St Underhill, VT 05489

Estimated Value: $501,000 - $578,000

Studio
4 Baths
3,300 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $335,000 $102 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,024/month

123 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • High Speed Internet
  • Jericho Elementary School Rated A-

About This Home

As of July 2021

This historic 19th-century multifamily property is locked-and-loaded and ready to go! The owners have undergone a massive overhaul when it comes to the structure and overall health of the property. It has new vinyl siding, new decks, new electrical, and a majority of all of the windows were replaced. Both upstairs units have been remodeled, and the two lower-level units will be undergoing renovations as they are currently tenant occupied. Many of the systems have been updated in their ownership including the fuel tank, and for a property built in 1850 the dirt basement offers a ton of storage options with all of its ceiling height. Need more storage? Make your way over to the 3-story attached barn with it's original exposed stone foundation offering tons of character. The parking lot offers up to 8 parking spots which make this an ideal mutli-family property. The property is is super centrally located in Underhill and would make a great owner-occupant investment opportunity. Book a showing now, there aren't any other like properties around!

Last Agent to Sell the Property

Livian Vermont

KW Vermont License #082.0133781 Listed on: 01/22/2021

KW Vermont

Last Buyer's Agent

Livian Vermont

KW Vermont License #082.0133781 Listed on: 01/22/2021

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,314

Year Built

  • Built in 1850

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,300 Sq Ft Home
  • 2-Story Property

Finished Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Off-Street Parking

Schools

  • Underhill Central Elementary School
  • Browns River Middle
  • Mt. Mansfield

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,314

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 101.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3300
  • Sq Ft - Apx Total Finished: 3300
  • Year Built: 1850
  • List Agent: 280915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Finished
  • Sq Ft - Apx Finished AG: 3300

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Abba Fuels
  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: GMP
  • Utilities: Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Underhill Central School
  • High School: Mt. Mansfield USD #17

Lot Info

  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Lot Description: Corner
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 261
  • Deed Page: 44
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6314.16
  • Tax Year: 2021

MLS Schools

  • School Middle Jr: Browns River Middle USD #17

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $335,000 -14.1% $102 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $389,900 0.0% $118 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $389,900 +41.8% $118 / Sq Ft
08/10/2018 08/10/18 Sold $275,000 0.0% $83 / Sq Ft View Prior Sale
06/27/2018 06/27/18 Pending -- -- --
06/27/2018 06/27/18 Off Market $275,000 -- --
02/08/2018 02/08/18 Price Changed $299,000 -9.1% $91 / Sq Ft
10/18/2017 10/18/17 For Sale $329,000 -- $100 / 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 -- $418,500 $120,000 $298,500
2023 -- $418,500 $120,000 $298,500
2022 $7,325 $418,500 $120,000 $298,500
2021 $6,662 $285,400 $77,500 $207,900
2020 $6,241 $285,400 $77,500 $207,900
2019 $6,051 $285,400 $77,500 $207,900
2018 $6,094 $285,400 $77,500 $207,900
2017 $5,911 $259,800 $80,000 $179,800
2016 $5,829 $285,400 $77,500 $207,900
2015 -- $2,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4844937

PrimeMLS

APN: (209) PA005