NOT LISTED FOR SALE

50 Church St Norwich, VT 05055

Estimated Value: $982,990

5 Beds
4 Baths
3,036 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $605,000 $199 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,339/month

51 Days on Market

Highlights

  • Cape Cod Architecture
  • Hiking Trails
  • Landscaped
  • Marion W. Cross School Rated A
  • 1 Car Attached Garage
  • 4-minute walk to Norwich Green

About This Home

As of October 2017

A really great 3 unit building in Norwich! Live in one unit and enhance your financial life with the income from the other two spacious and beautiful units. You can walk to Dan & Whits and all that Main Street Norwich has to offer. Beautiful grounds with mature landscaping, move-in condition and great location!

Last Agent to Sell the Property

Cheryl Herrmann

RE/MAX Group One Realtors License #081.0000180 Listed on: 07/13/2017

RE/MAX Group One Realtors

Last Buyer's Agent

Sam Westelman

Coldwell Banker LIFESTYLES - Hanover License #082.0007541

Coldwell Banker LIFESTYLES - Hanover

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,523

Year Built

  • Built in 1850

Lot Details

  • 0.57 Acre Lot
  • Landscaped
  • Lot Sloped Up

Parking

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

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1.75-Story Property
  • Walk-Out Basement

Schools

  • Marion Cross Elementary School
  • Francis C Richmond Middle Sch
  • Hanover High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Water Meter
  • Private Sewer

Community Details

Overview

  • 3 Units

Recreation

  • Hiking Trails

Building Details

  • Gross Income $54,300
  • Net Operating Income $33,422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,523

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: From Dan & Whits, take Main Street to Church Street. Turn left and follow Church about 1/4 mile to #50 on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 199.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3476
  • Sq Ft - Apx Total Finished: 3036
  • Year Built: 1850
  • Remarks Public: A really great 3 unit building in Norwich! Live in one unit and enhance your financial life with the income from the other two spacious and beautiful units. You can walk to Dan & Whits and all that Main Street Norwich has to offer. Beautiful grounds with mature landscaping, move-in condition and great location!
  • List Agent: 18899
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Concrete
  • Sq Ft - Apx Finished AG: 3036
  • Sq Ft - Apx Unfinished BG: 440

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Composition, Wood
  • Foundation: Brick, Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Description: Assigned, Auto Open
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water: Metered, Public Water - On-Site
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Floor Furnace, Gas Heater

Fee Information

  • Tax Class: TBD

Schools

  • School District: Dresden
  • Elementary School: Marion Cross Elementary School
  • Middle School: Francis C Richmond Middle Sch
  • High School: Hanover High School
  • Elementary School: Marion Cross Elementary School
  • High School: Hanover High School

Lot Info

  • Lot Sq Ft: 24829
  • Lot Acres: 0.57
  • Lot Description: Landscaped, Walking Trails
  • Surveyed: Unknown
  • Zoning: VR1
  • Deed Book: 143
  • Deed Page: 222
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 54300
  • Net Income: 33422
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 11523.04
  • Tax Year: 2017

MLS Schools

  • School District: Dresden
  • School Middle Jr: Francis C Richmond Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2014
Sold by
Lavoie Janice M
Bought by
Janice M Lavoie Revocable Living Trust
Current Estimated Value
$982,990

Purchase Details

Closed on
Jul 31, 2002
Sold by
Clay Charales E
Bought by
Lavoie Janice M

Purchase Details

Closed on
Sep 17, 1999
Sold by
Robichaud Edmund J
Bought by
Clay Charles E and Clay Lisa C
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
Janice M Lavoie Revocable Living Trust -- --
Lavoie Janice M $307,000 --
Clay Charles E $165,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $605,000 -3.2% $199 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $625,000 -- $206 / 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
2021 $12,375 $524,600 $163,100 $361,500
2020 $12,375 $524,600 $163,100 $361,500
2019 $10,038 $524,600 $163,100 $361,500
2018 $10,038 $524,600 $163,100 $361,500
2017 $9,429 $524,600 $163,100 $361,500
2016 $0 $524,600 $163,100 $361,500
2015 -- $4,151 $0 $0
2014 -- $4,358 $0 $0
2013 -- $4,358 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4647329

PrimeMLS

APN: 450-142-11849