NOT LISTED FOR SALE

58 E Spring St Winooski, VT 05404

Estimated Value: $550,000 - $642,000

5 Beds
3 Baths
1,663 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $525,000 $316 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,517/month

72 Days on Market

Highlights

  • Deck
  • Vinyl Plank Flooring
  • Baseboard Heating
  • Corner Lot

About This Home

As of March 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: 11/06/2023

Last Buyer's Agent

Jeffrey Amato

Vermont Real Estate Company License #082.0113712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,945

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry

Parking

  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • Deck
  • City Lot

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $12,505
  • Gross Income $63,000
  • Net Operating Income $50,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,945

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 315.69
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3236
  • Sq Ft - Apx Total Finished: 2196
  • Year Built: 1920
  • List Agent: 20879
  • Display On Internet: Internet - Cable
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Corner, Neighbor Business, Sidewalks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater–Natural Gas, Water Heater – Owned
  • Flooring: Carpet, Laminate, Vinyl Plank
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior, Exterior Access
  • Sq Ft - Apx Finished AG: 1663
  • Sq Ft - Apx Finished BG: 533
  • Sq Ft - Apx Unfinished BG: 1040

Exterior Features

  • Driveway: Common/Shared, Gravel
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck
  • Construction Type: Wood Frame, Aluminum Siding

Garage/Parking

  • Parking: Off Street

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, 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
  • Trash: Cans, Private, Recycle
  • Utilities: Cable, Gas - Underground
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 237
  • Deed Page: 572
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 63000
  • Net Income: 50495
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7944.9
  • Tax Year: 2024

MLS Schools

  • School District: Winooski School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Mar 7, 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
45
Current Estimated Value
$557,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,538
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Feb 7, 2014
Sold by
Hamel Florence L
Bought by
Bessery Real Estate Partnersh Ii
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Partnersh Ii $230,000 --
Bessery Real Estate Partnersh Ii $230,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $525,000 -8.7% $316 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
12/08/2023 12/08/23 Price Changed $575,000 -3.4% $346 / Sq Ft
11/06/2023 11/06/23 For Sale $595,000 -- $358 / 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
2024 -- $514,600 $218,800 $295,800
2023 -- $242,800 $109,400 $133,400
2022 $7,600 $242,800 $109,400 $133,400
2021 $7,748 $242,800 $109,400 $133,400
2020 $7,509 $242,800 $109,400 $133,400
2019 $7,123 $242,800 $109,400 $133,400
2018 $6,795 $242,800 $109,400 $133,400
2017 $6,583 $242,800 $109,400 $133,400
2016 $6,490 $242,800 $109,400 $133,400
2015 -- $2,428 $0 $0
2014 -- $2,428 $0 $0
2013 -- $2,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4977042

PrimeMLS

APN: (246) ES058