NOT LISTED FOR SALE

Estimated Value: $544,000 - $664,000

5 Beds
3 Baths
3,112 Sq Ft
$198/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $596,000 $192 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,000/month

12 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Thomas Fleming School Rated A-
  • Corner Lot
  • 4-minute walk to Parks & Recreation

About This Home

As of July 2022

Offered for sale to the public for the first time ever, this meticulously maintained 3 unit foursquare has been in the same family its entire life. Pride of ownership is evident throughout the building and grounds, and updates are reflective: new architectural roof 2022 ($17,400), recent high quality boilers, vinyl siding, updated kitchens and appliances, modern wiring and breaker boxes, hardwired smoke detectors, etc. This building is ideal for an owner occupant (current leases apply) or an investor that takes equal pride in their investment and desires a very well maintained turn-key property. The large covered front porch was just painted, and is the perfect place to sit and greet your neighbors. Two covered rear porches are designated to both units with first floor living space. The townhouse unit has its own driveway off Grove St., while the two flats share their own driveway off Central St. Storage abounds: Unit 6 has a private basement and 3rd floor attic, #8B has a private basement, and #8A has a private attic. Both attic spaces have staircases from their respective units, and could be finished for additional living space if desired. Walk to services including Amtrak, restaurants, etc. Effective 7/1/22, Essex Jct. will be recognized at City of Essex Jct. SHOWINGS: Friday 6/3 from 12:30-3p, and Tuesday 6/7 from 2-4p. SEE virtual 3D tour.

Last Agent to Sell the Property

Matt Hurlburt

RE/MAX North Professionals - Burlington License #081.0100335 Listed on: 06/01/2022

RE/MAX North Professionals - Burlington

Last Buyer's Agent

Matt Hurlburt

RE/MAX North Professionals - Burlington License #081.0100335 Listed on: 06/01/2022

RE/MAX North Professionals - Burlington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,995

Year Built

  • Built in 1878

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Garden

Home Design

  • Colonial Architecture
  • American Four Square Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2.5-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Choice Elementary School
  • Albert D. Lawton Intermediate
  • Essex High School

Utilities

  • Radiator
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters
  • Underground Utilities
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: #6 microwave belongs to tenant

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,995

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial, Four Square
  • Directions: From Essex Jct. 5 Corners, east on Main Street (Route 15), left on Grove Street, property on left at end of first block.
  • Construction: Existing
  • Items Excluded: #6 microwave belongs to tenant
  • Total Stories: 2.5
  • Price Per Sq Ft: 191.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5471
  • Sq Ft - Apx Total Finished: 3112
  • Year Built: 1878
  • Remarks Public: Offered for sale to the public for the first time ever, this meticulously maintained 3 unit foursquare has been in the same family its entire life. Pride of ownership is evident throughout the building and grounds, and updates are reflective: new architectural roof 2022 ($17,400), recent high quality boilers, vinyl siding, updated kitchens and appliances, modern wiring and breaker boxes, hardwired smoke detectors, etc. This building is ideal for an owner occupant (current leases apply) or an investor that takes equal pride in their investment and desires a very well maintained turn-key property. The large covered front porch was just painted, and is the perfect place to sit and greet your neighbors. Two covered rear porches are designated to both units with first floor living space. The townhouse unit has its own driveway off Grove St., while the two flats share their own driveway off Central St. Storage abounds: Unit 6 has a private basement and 3rd floor attic, #8B has a private basement, and #8A has a private attic. Both attic spaces have staircases from their respective units, and could be finished for additional living space if desired. Walk to services including Amtrak, restaurants, etc. Effective 7/1/22, Essex Jct. will be recognized at City of Essex Jct. SHOWINGS: Friday 6/3 from 12:30-3p, and Tuesday 6/7 from 2-4p. SEE virtual 3D tour.
  • List Agent: 20557
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Total Rooms Above Ground: 14
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Stairs - Exterior, Stairs - Interior, Unfinished, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3112
  • Sq Ft - Apx Unfinished AG: 800
  • Sq Ft - Apx Unfinished BG: 1559

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Features Exterior: Garden Space, Porch - Covered

Garage/Parking

  • Parking: Driveway, On-Site

Utilities

  • Cable Company: Comcast/XFinity
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic, Electric, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water, Radiator, Steam
  • Electric Company: GMP
  • Phone Company: choice
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 2
  • Trash: Cans, Private
  • Utilities: Cable - Available, Gas - Underground, High Speed Intrnt -Avail, Internet - Cable, Telephone Available

Condo/Co-op/Association

  • Management Company: self

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Essex School District
  • Elementary School: Choice
  • Middle School: Albert D. Lawton Intermediate
  • High School: Essex High
  • Elementary School: Choice
  • High School: Essex High

Lot Info

  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot, Corner, Level, Street Lights
  • Surveyed: Yes
  • Surveyed By: Warren A. Robenstein
  • Zoning: ZM-F3/Mul Res 3
  • Deed Book: 647
  • Deed Page: 69-70
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39600
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8995.46
  • Tax Year: 22

MLS Schools

  • School District: Essex School District
  • School Middle Jr: Albert D. Lawton Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 15, 2022
Sold by
Marvin Properties Llc
Bought by
Luck Brad M and Luck Jennifer P
Seller's Agent
Matt Hurlburt
RE/MAX North Professionals - Burlington
Buyer's Agent
Matt Hurlburt
RE/MAX North Professionals - Burlington
List Price
$549,900
Sold Price
$596,000
Premium/Discount to List
$46,100
8.38%
Current Estimated Value
$616,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,687
Avg. Annual Appreciation
2.87%
Source: Public Records

Range of Values:

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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
Luck Brad M $596,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $596,000 +8.4% $192 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $549,900 -- $177 / 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 $8,568 $332,500 $95,300 $237,200
2023 $8,568 $332,500 $95,300 $237,200
2022 $7,636 $332,500 $95,300 $237,200
2021 $7,850 $332,500 $95,300 $237,200
2020 $7,851 $332,500 $95,300 $237,200
2019 $7,387 $332,500 $95,300 $237,200
2018 $7,212 $332,500 $95,300 $237,200
2017 $7,926 $332,500 $95,300 $237,200
2016 $7,800 $332,500 $95,300 $237,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4913276

PrimeMLS

APN: (066) 1029036-000