NOT LISTED FOR SALE

58 Circle St Barre, VT 05641

Estimated Value: $263,000 - $354,184

6 Beds
2 Baths
2,792 Sq Ft
$111/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $215,000 $77 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,859 / mo

9 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Property has an invisible fence for dogs
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of September 2021

True side by side duplex in Barre that’s updated, well-maintained, and has a great track record. Each unit has three bedrooms, and lots of square feet. One unit has one full bathroom, the other has a full and a half. Fantastic two car detached garage is currently used for storage by the owner, but could be included with the units for increased rent. Each unit has a back porch and a front porch. This building works great for owner occupant as well as for an investor, with vinyl siding, newer membrane roof, complete electrical overhaul, and more. This property is on a corner lot, and has a cute little side yard. Most importantly, the numbers work. Rents are $1250 and $1300. NOI is over $16,000, and the tenants pay their own heat and electricity. As a smart buyer you’ve just found something that actually cash flows. Or, do you want to house hack and live for cheap? Grab a pencil and figure out what your housing expenses would be if you had a tenant paying that big chunk for you.

Last Agent to Sell the Property

Ray Mikus

Green Light Real Estate License #081.0078511 Listed on: 07/19/2021

Last Buyer's Agent

Terry Light

EXP Realty License #082.0117842

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • Property has an invisible fence for dogs
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,792 Sq Ft Home
  • 2-Story Property

Unfinished Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,586
  • Gross Income $30,600
  • Net Operating Income $16,014

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: In Barre, Main Street toward Ayers (Spaulding High School). Left onto Ayers. Straight past Spaulding the road becomes Batchelder. Right onto Circle Street. House is on the corner of Circle and Green.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 77.01
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3792
  • Sq Ft - Apx Total Finished: 2792
  • Year Built: 1947
  • List Agent: 23070
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Full, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2792
  • Sq Ft - Apx Unfinished BG: 1000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Fence - Dog, Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Barre City Elem & Middle Sch
  • High School: Spaulding High School

Lot Info

  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Lot Description: City Lot, Corner, Level
  • Surveyed: Unknown
  • Zoning: R-4
  • Deed Book: 332
  • Deed Page: 134
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 30600
  • Net Income: 16014
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6999.72
  • Tax Year: 2020

MLS Schools

  • School District: Barre City School District
  • School Middle Jr: Barre City Elem & Middle Sch

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
09/30/2021 09/30/21 Sold $215,000 -1.8% $77 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $219,000 -- $78 / Sq Ft
Source: PrimeMLS

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
2025 $2,715 $193,000 $19,500 $173,500
2024 $2,715 $193,000 $19,500 $173,500
2023 $2,715 $193,000 $19,500 $173,500
2022 $6,508 $193,000 $19,500 $173,500
2021 $7,091 $193,000 $19,500 $173,500
2020 $7,000 $193,000 $19,500 $173,500
2019 $6,135 $180,300 $14,700 $165,600
2018 $6,135 $180,300 $14,700 $165,600
2017 $0 $180,290 $14,680 $165,610
2016 $0 $180,300 $14,700 $165,600
2015 -- $1,803 $0 $0
2014 -- $1,803 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4873060

PrimeMLS

APN: 036-011-11059

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