NOT LISTED FOR SALE

56 E Spring St Winooski, VT 05404

Estimated Value: $464,000 - $590,000

6 Beds
3 Baths
2,189 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $525,000 $240 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,687/month

71 Days on Market

About This Home

As of February 2024

Clean 3 unit apartment building. Large lot. Easy to rent. All separate utilities.

Last Agent to Sell the Property

Chadwick Dion

Chad Dion Real Estate License #081.0134005 Listed on: 11/07/2023

Last Buyer's Agent

Jeffrey Amato

Vermont Real Estate Company License #082.0113712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,400

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Wood Frame Construction
  • Slate Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $11,880
  • Gross Income $52,800
  • Net Operating Income $40,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,400

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 311.94
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2915
  • Sq Ft - Apx Total Finished: 2189
  • Year Built: 1925
  • Remarks Public: Clean 3 unit apartment building. Large lot. Easy to rent. All separate utilities.
  • List Agent: 20879
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 14
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full, Walkout, Exterior Access
  • Sq Ft - Apx Finished AG: 1683
  • Sq Ft - Apx Finished BG: 506
  • Sq Ft - Apx Unfinished BG: 726

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Right-Of-Way (ROW)
  • Exterior: Aluminum
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Porch - Enclosed

Garage/Parking

  • Parking: Off Street

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Air, Hot Water, Monitor Type
  • Electric Company: Green Mountain Power
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable, Gas - Underground

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Winooski School District

Lot Info

  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Lot Description: Sidewalks
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 217
  • Deed Page: 166-167
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 52800
  • Net Income: 40920
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8399.74
  • Tax Year: 2024

MLS Schools

  • School District: Winooski School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 9, 2024
Sold by
Bessery Real Estate Partnership Llp
Bought by
Osterhout Zachary and Lapotosky Kate C
Seller's Agent
Chadwick Dion
Chad Dion Real Estate
Buyer's Agent
Jeffrey Amato
Vermont Real Estate Company
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%
Views
57
Current Estimated Value
$569,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,451
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Aug 23, 2011
Sold by
Bessery Michael P and Bessery Sherri L
Bought by
Bessery Real Estate Partnership

Purchase Details

Closed on
Jul 29, 2010
Sold by
Lubinski Aline C
Bought by
Bessery Michael P and Bessery Sherri L
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Osterhout Zachary $525,000 --
Osterhout Zachary $525,000 --
Bessery Real Estate Partnership $282,000 --
Bessery Real Estate Partnership $282,000 --
Bessery Michael P $282,000 --
Bessery Michael P $282,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $525,000 -8.7% $240 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
12/08/2023 12/08/23 Price Changed $575,000 -3.4% $263 / Sq Ft
11/07/2023 11/07/23 For Sale $595,000 -- $272 / 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 -- $517,400 $216,300 $301,100
2023 -- $256,700 $108,100 $148,600
2022 $8,035 $256,700 $108,100 $148,600
2021 $8,191 $256,700 $108,100 $148,600
2020 $7,939 $256,700 $108,100 $148,600
2019 $7,531 $256,700 $108,100 $148,600
2018 $7,183 $256,700 $108,100 $148,600
2017 $6,960 $256,700 $108,100 $148,600
2016 $6,861 $256,700 $108,100 $148,600
Source: Public Records

Agents Affiliated with this Home

  • Chadwick Dion

    Seller's Agent in 2024

    Chadwick Dion

    Chad Dion Real Estate

    (802) 318-1599

    7 in this area

    64 Total Sales

    Section Image
  • Jeffrey Amato

    Buyer's Agent in 2024

    Jeffrey Amato

    Vermont Real Estate Company

    (860) 614-0722

    6 in this area

    123 Total Sales

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4977073

PrimeMLS

APN: (246) ES056

Vermont Chittenden County Winooski 05404

56 E Spring St, Winooski, VT

This home is located at 56 E Spring St, Winooski, VT 05404 since 07 November 2023 and is currently estimated at $544,790, approximately $248 per square foot. This property was built in 1925. 56 E Spring St is a home located in Chittenden County with nearby schools including J.F. Kennedy Elementary School, Winooski Middle School, and Winooski High School.

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