NOT LISTED FOR SALE

74 Malletts Bay Ave Winooski, VT 05404

Estimated Value: $390,000 - $470,000

-- Bed
2 Baths
1,308 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $246,000 $188 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,673/month

54 Days on Market

About This Home

As of October 2019

Well located duplex that has a great rental history. Just vacated the 1st floor for a new owner to either live in, fix up and rent or rent as/is. If you want section 8 tenants they will pay $2000/ for a 4 bedroom apartment. Upstairs is rented for $1300/m. Hence the projected gross rent of $39,600. Property has ample parking and a nice yard too. Property to be sold as/is. Priced to sell quickly!

Last Agent to Sell the Property

Peter Yee

Yellow Sign Commercial Inc. License #081.0087263 Listed on: 06/06/2019

Last Buyer's Agent

Peter Yee

Yellow Sign Commercial Inc. License #081.0087263 Listed on: 06/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,978

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Walk-Out Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,000
  • Gross Income $39,600
  • Net Operating Income $29,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,978

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: from the Winooski Circle find a way to Mallets Bay Ave and the property will be on your left. The first property adjacent to the large parking area next to the Library.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 188.07
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1944
  • Sq Ft - Apx Total Finished: 1408
  • Year Built: 1900
  • Remarks Public: Well located duplex that has a great rental history. Just vacated the 1st floor for a new owner to either live in, fix up and rent or rent as/is. If you want section 8 tenants they will pay $2000/ for a 4 bedroom apartment. Upstairs is rented for $1300/m. Hence the projected gross rent of $39,600. Property has ample parking and a nice yard too. Property to be sold as/is. Priced to sell quickly!
  • List Agent: 22704
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete
  • Sq Ft - Apx Finished AG: 1308
  • Sq Ft - Apx Finished BG: 100
  • Sq Ft - Apx Unfinished BG: 536

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Metal
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Slate

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Utilities: Cable - At Site

Fee Information

  • Tax Class: TBD

Lot Info

  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: res-c
  • Deed Book: 82
  • Deed Page: 187
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39600
  • Net Income: 29600
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 4978.35
  • Tax Year: 2019

Range of Values:

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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 Change Sq Ft Price
10/09/2019 10/09/19 Sold $246,000 -5.0% $175 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $259,000 0.0% $184 / Sq Ft
07/10/2019 07/10/19 Price Changed $259,000 -5.8% $184 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $275,000 -- $195 / 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 -- $354,100 $167,000 $187,100
2023 -- $177,900 $83,500 $94,400
2022 $5,568 $177,900 $83,500 $94,400
2021 $5,677 $177,900 $83,500 $94,400
2020 $5,502 $177,900 $83,500 $94,400
2019 $5,219 $177,900 $83,500 $94,400
2018 $4,978 $177,900 $83,500 $94,400
2017 $4,823 $177,900 $83,500 $94,400
2016 $4,755 $177,900 $83,500 $94,400
Source: Public Records

Agents Affiliated with this Home

  • Peter Yee

    Seller's Agent in 2019

    Peter Yee

    Yellow Sign Commercial Inc.

    (802) 598-0006

    3 in this area

    22 Total Sales

    Peter Yee
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Map

Source: PrimeMLS

MLS Number: 4756755

PrimeMLS

APN: (246) MB074

Vermont Chittenden County Winooski 05404

74 Malletts Bay Ave, Winooski, VT

This home is located at 74 Malletts Bay Ave, Winooski, VT 05404 since 06 June 2019 and is currently estimated at $422,472, approximately $322 per square foot. This property was built in 1900. 74 Malletts Bay Ave 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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