NOT LISTED FOR SALE

74 Railroad St Milton, VT 05468

Estimated Value: $273,000 - $520,000

4 Beds
2 Baths
1,894 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $182,000 $96 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,368/month

402 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet
  • Baseboard Heating

About This Home

As of August 2021

Fantastic opportunity to invest in multi-family real estate in the center of Milton, VT! Located off of VT RTE US 7 S, this charming 2-unit property offers original woodwork and spacious rooms throughout each 2 bedroom 1 bath unit with abundant closet space. Built in the late 1800's, this home retains its character and charm, maintained throughout its years. Driveway onsite to the right of the property provides parking for tenants and guests. Large backyard perfect for grilling and entertaining guests. Close to all local amenities & restaurants. Schedule your showing today!

Last Agent to Sell the Property

Livian Vermont

KW Vermont License #082.0133781 Listed on: 03/20/2020

KW Vermont

Co-Listed By

Kellene Renwick

KW Vermont

Last Buyer's Agent

Livian Vermont

KW Vermont License #082.0133781 Listed on: 03/20/2020

KW Vermont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.53 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,894 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Car Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • Unpaved Parking
  • On-Site Parking

Schools

  • Milton Elementary School
  • Milton Jr High Middle School
  • Milton Senior High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,542
  • Gross Income $21,600
  • Net Operating Income $15,058

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Route 7 South in Milton, proceed to Railroad St. Continue on Railroad for almost a mile.Property on the right.
  • Assessment Amount: 209000
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 96.09
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2461
  • Sq Ft - Apx Total Finished: 1894
  • Year Built: 1880
  • Remarks Public: Fantastic opportunity to invest in multi-family real estate in the center of Milton, VT! Located off of VT RTE US 7 S, this charming 2-unit property offers original woodwork and spacious rooms throughout each 2 bedroom 1 bath unit with abundant closet space. Built in the late 1800's, this home retains its character and charm, maintained throughout its years. Driveway onsite to the right of the property provides parking for tenants and guests. Large backyard perfect for grilling and entertaining guests. Close to all local amenities & restaurants. Schedule your showing today!
  • List Agent: 280915
  • L O1 Homesnapcom: Yes
  • L O2 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Full
  • Sq Ft - Apx Finished AG: 1894
  • Sq Ft - Apx Unfinished BG: 567

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Driveway, On-Site, Parking Spaces 2, Unpaved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Tank
  • Heating Fuel: Electric, Oil
  • Heating: Baseboard, Forced Air
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Milton
  • Elementary School: Milton Elementary School
  • Middle School: Milton Jr High School
  • High School: Milton Senior High School
  • Elementary School: Milton Elementary School
  • High School: Milton Senior High School

Lot Info

  • Lot Sq Ft: 23087
  • Lot Acres: 0.53
  • Lot Description: Level, Sidewalks
  • Surveyed: Unknown
  • Zoning: M5
  • Deed Book: 101
  • Deed Page: 109
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 21600
  • Net Income: 15058
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4600.08
  • Tax Year: 2019

MLS Schools

  • School District: Milton
  • School Middle Jr: Milton Jr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Aug 20, 2021
Sold by
Gingras Candace R and Gingras Peter R
Bought by
Pokhrel Chandra K and Pokhrel Maya
Seller's Agent
Livian Vermont
KW Vermont
Buyer's Agent
Livian Vermont
KW Vermont
List Price
$209,000
Sold Price
$182,000
Premium/Discount to List
-$27,000
-12.92%
Current Estimated Value
$386,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,877
Avg. Annual Appreciation
17.76%
Source: Public Records

Range of Values:

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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
Pokhrel Chandra K $182,000 --
Pokhrel Chandra K $182,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $182,000 -12.9% $96 / Sq Ft
07/15/2021 07/15/21 For Sale $209,000 +14.8% $110 / Sq Ft
04/26/2021 04/26/21 Off Market $182,000 -- --
04/26/2021 04/26/21 Pending -- -- --
04/24/2021 04/24/21 Off Market $182,000 -- --
03/22/2021 03/22/21 For Sale $209,000 +14.8% $110 / Sq Ft
03/21/2021 03/21/21 Off Market $182,000 -- --
02/08/2021 02/08/21 Price Changed $209,000 -4.6% $110 / Sq Ft
10/22/2020 10/22/20 For Sale $219,000 0.0% $116 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $219,000 -- $116 / 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 $3,684 $189,000 $77,300 $111,700
2023 $3,408 $189,000 $77,300 $111,700
2022 $3,425 $189,000 $77,300 $111,700
2021 $5,005 $209,000 $82,000 $127,000
2020 $4,787 $209,000 $82,000 $127,000
2019 $4,600 $209,000 $82,000 $127,000
2018 $4,494 $209,000 $82,360 $126,640
2017 $4,326 $209,000 $82,360 $126,640
2016 $4,181 $209,000 $82,360 $126,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4798872

PrimeMLS

APN: (123) 133021.000000