NOT LISTED FOR SALE

54 Mountain Rd Montgomery, VT 05471

Estimated Value: $228,000 - $388,000

6 Beds
2 Baths
2,463 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $175,000 $71 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,895/month

134 Days on Market

Highlights

  • 1 Car Detached Garage
  • Patio
  • Multiple Phone Lines
  • Montgomery Center School Rated 10
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2021

Great investment opportunity just 8 miles from Jay Peak Resort. A short walk to restaurants, swimming holes and hiking. Minutes away from great skiing and golf. This vintage Montgomery Center home consists of two units meticulously kept. Live here and rent the other unit or purchase a profitable Air B&B opportunity. Large rooms with plenty of space and light. The lower unit has three bedrooms and one and one half baths with an enclosed porch and mud room. The second level unit has 3 bedrooms and one full bath, enclosed porch, mudroom and front and rear entry. The large rear yard is level and has a patio and garage. This Duplex would be perfect for an owner-occupied with rental income on the second unit. Or use the second unit for an in-law apartment.

Last Agent to Sell the Property

Lynn Locher

Coldwell Banker Hickok and Boardman Listed on: 09/14/2020

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Gary Foote

Blue Spruce Realty, Inc. License #081.0000848

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1880

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,463 Sq Ft Home
  • 2-Story Property
  • Window Screens

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Montgomery Elementary School
  • Choice High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Generator Hookup
  • 200+ Amp Service
  • Separate Water Meter
  • Shared Water Source
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Leach Field
  • Multiple Phone Lines

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,000
  • Gross Income $20,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,048

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Route 118 south through Mongomery Center. Left on Route 242 / Mountain Road. House on right.
  • Assessment Amount: 173100
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 71.05
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3576
  • Sq Ft - Apx Total Finished: 2463
  • Property Type: Multi-Family
  • Year Built: 1880
  • L A1 M M S I Memberkey: 616997
  • List Agent: 280147
  • L O1 M M S I Officekey: 70112
  • S A1 M M S I Memberkey: 874
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 69335
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 2463
  • Sq Ft - Apx Unfinished BG: 1113

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Vinyl Siding, Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Easements: Unknown
  • Features Exterior: Patio, Window Screens

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, Parking Spaces 3 - 5
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 200 Amp, Circuit Breaker(s), Generator Ready
  • Fuel Company: McAllister, Blouin Bros
  • Sewer: 1000 Gallon, Leach Field
  • Water: Metered, Public, Shared
  • Water Heater: Electric, Gas - LP/Bottle
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Electric Company: VTCOOP
  • Phone Company: Consolidated Comm
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Tenant
  • Utilities: Gas - Lp/Bottle, Multi Phone Lines

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Montgomery Elementary School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 13939
  • Land Gains: To Be Determined
  • Lot Acres: 0.32
  • Lot Description: Level, Open
  • Row Parcel Access: Unknown
  • Row To Other Parcel: Unknown
  • Surveyed: Yes
  • Zoning: Village 1
  • Deed Book: 86
  • Deed Page: 161
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 20100
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 4048
  • Tax Year: 2020

MLS Schools

  • School District: Franklin Northwest
  • School Middle Jr: Montgomery Elementary School

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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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
03/31/2021 03/31/21 Sold $175,000 -2.7% $71 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $179,900 -5.3% $73 / Sq Ft
10/05/2020 10/05/20 Price Changed $189,900 -4.6% $77 / Sq Ft
09/14/2020 09/14/20 For Sale $199,000 -- $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
2024 -- $173,100 $17,300 $155,800
2023 -- $173,100 $17,300 $155,800
2022 $3,593 $173,100 $17,300 $155,800
2021 $3,676 $173,100 $17,300 $155,800
2020 $4,048 $173,100 $17,300 $155,800
2019 $3,545 $173,100 $17,300 $155,800
2018 $3,414 $173,100 $17,300 $155,800
2017 $3,403 $173,100 $17,300 $155,800
2016 $3,311 $173,100 $17,300 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4828562

PrimeMLS

APN: 402-125-10546