Seller's Agent in 2022
Jeanne Felmly
Dome Real Estate Group LLC
(802) 793-8370
80 Total Sales
585 Elm St Montpelier, VT 05602
Estimated Value: $503,000 - $793,841
5
Beds
3
Baths
2,762
Sq Ft
$240/Sq Ft
Est. Value
Highlights
- Water Access
- Barn
- Deck
- Main Street School Rated A-
- River Front
- Wood Flooring
About This Home
As of November 2022This owner occupied three dwelling multi family home has been lovingly maintained and is now being offered after almost 50 years of ownership. The property includes the main building along with a four bay garage built in 2013. A beautiful and historic two story barn has original beams and wide plank flooring with massive storage on the second level. The owner's apartment has hardwood flooring on the main level and a Vigilant wood stove, two bedrooms upstairs as well as a private deck and second story balcony. The rental units include a main level one bedroom apartment with a windowed kitchen and a two bedroom second floor apartment with a bright eat in kitchen. All three units share a lovely covered front porch. The 2.3 acre property includes apple trees, perennials and a stone wall and meets zoning for subdivision and possible development. This is a great investment opportunity and is walking distance to town, near shopping, I-89, CMVC and the recreational center is about a minute away!
Last Agent to Sell the Property
Dome Real Estate Group LLC License #081.0120156 Listed on: 06/30/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,110
Year Built
- Built in 1870
Lot Details
- 2.3 Acre Lot
- River Front
- Level Lot
- Open Lot
- Garden
Parking
- 4 Car Detached Garage
- Automatic Garage Door Opener
- Circular Driveway
- Gravel Driveway
Home Design
- New Englander Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
- Double Pane Windows
- Water Views
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Connecting Stairway
- Interior Basement Entry
- Sump Pump
Outdoor Features
- Water Access
- Nearby Water Access
- Shared Waterfront
- Balcony
- Deck
- Covered Patio or Porch
Schools
- Union Elementary School
- Main Street Middle School
- Montpelier High School
Farming
- Barn
Utilities
- Baseboard Heating
- Heating System Uses Oil
- 200+ Amp Service
- Electric Water Heater
- Phone Available
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- 1 Separate Gas Meter
- Operating Expense $16,438
- Gross Income $13,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2022
Closed on
Nov 14, 2022
Sold by
Brenda L Pepin Revocable Trust
Bought by
Ahrens Kelly and Lawrence Isaac
Seller's Agent
Jeanne Felmly
Dome Real Estate Group LLC
Buyer's Agent
Flex Realty Group
Flex Realty
List Price
$695,000
Sold Price
$665,000
Premium/Discount to List
-$30,000
-4.32%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,290
Avg. Annual Appreciation
0.20%
Purchase Details
Closed on
Mar 12, 2002
Sold by
Pepin Roland N and Pepin Brenda L
Bought by
Pepin Brenda L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ahrens Kelly | $665,000 | -- | |
| Pepin Brenda L | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $665,000 | -0.7% | $241 / Sq Ft |
| 08/20/2022 08/20/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | Price Changed | $670,000 | -3.6% | $243 / Sq Ft |
| 06/30/2022 06/30/22 | For Sale | $695,000 | -- | $252 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $6,928 | $554,200 | $133,500 | $420,700 |
| 2023 | $6,779 | $554,200 | $133,500 | $420,700 |
| 2022 | $8,810 | $286,500 | $81,300 | $205,200 |
| 2021 | $8,852 | $286,500 | $81,300 | $205,200 |
| 2020 | $8,745 | $286,500 | $81,300 | $205,200 |
| 2019 | $8,327 | $286,500 | $81,300 | $205,200 |
| 2018 | $8,013 | $286,500 | $81,300 | $205,200 |
| 2017 | $7,827 | $286,500 | $81,300 | $205,200 |
| 2016 | $7,594 | $286,500 | $81,300 | $205,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jeanne Felmly
-
Flex Realty Group
Buyer's Agent in 2022
Flex Realty Group
Flex Realty
(802) 399-2860
1,770 Total Sales
Map
Source: PrimeMLS
MLS Number: 4918301
APN: 405-126-12422
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