NOT LISTED FOR SALE

54 Bank St Unit 56 Saint Albans, VT 05478

Estimated Value: $386,817

6 Beds
3 Baths
3,200 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $244,800 $76 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,411/month

141 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • Covered Patio or Porch

About This Home

As of March 2018

Well maintained and nicely updated triplex in an excellent city location. Large lot. Close to all amenities. Great opportunity for an owner occupant or investor. Currently grossing $2950 per month in rent.

Last Agent to Sell the Property

Michael Savage

RE/MAX North Professionals License #081.0004487 Listed on: 09/18/2017

RE/MAX North Professionals

Last Buyer's Agent

Michael Savage

RE/MAX North Professionals License #081.0004487 Listed on: 09/18/2017

RE/MAX North Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1900

Lot Details

  • 0.36 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage

Home Design

  • Converted Dwelling
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

  • St Albans City Elementary School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $35,400
  • Net Operating Income $23,959

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,671

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Conversion
  • Directions: From Main Street,go up Bank St 2.5 blocks, property on right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 76.5
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4800
  • Sq Ft - Apx Total Finished: 3200
  • Year Built: 1900
  • List Agent: 12741
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 3200
  • Sq Ft - Apx Unfinished BG: 1600

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Features Exterior: Porch, Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 3
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp, 110 Volt
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Electric Company: CVPS
  • Phone Company: Fairpoint
  • Trash: Curbside

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: St Albans City School

Lot Info

  • Lot Sq Ft: 15682
  • Lot Acres: 0.36
  • Lot Description: City Lot
  • Zoning: RSD
  • Deed Book: 277
  • Deed Page: 1081
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 35400
  • Net Income: 23959
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5671.28
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2017
Sold by
Morton Lisa B
Bought by
Morton Eric D
Current Estimated Value
$386,817

Purchase Details

Closed on
Mar 3, 1997
Sold by
Lerich Brian W
Bought by
Morton Eric and Morton Lisa
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Morton Eric D -- --
Morton Eric $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morton Eric D $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $244,800 -2.0% $77 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/16/2018 01/16/18 Price Changed $249,900 -3.8% $78 / Sq Ft
09/18/2017 09/18/17 For Sale $259,900 -- $81 / 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 $6,267 $223,200 $58,000 $165,200
2020 $6,267 $223,200 $58,000 $165,200
2019 $4,576 $223,200 $58,000 $165,200
2018 $5,822 $223,200 $58,000 $165,200
2017 $0 $223,200 $58,000 $165,200
2016 -- $223,200 $58,000 $165,200
2015 -- $2,232 $0 $0
2014 -- $2,232 $0 $0
2013 -- $2,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Savage

    Seller's Agent in 2018

    Michael Savage

    RE/MAX

    (802) 309-1582

    5 in this area

    124 Total Sales

    Michael Savage
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Map

Source: PrimeMLS

MLS Number: 4660143

PrimeMLS

APN: 549-173-00859

Vermont Franklin County St. Albans Town 05478

54 Bank St Unit 56, St. Albans Town, VT

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