NOT LISTED FOR SALE

8 Elm St Middlebury, VT 05753

Estimated Value: $401,889

3 Beds
1.5 Baths
1,400 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $260,000 $186 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,771/month

13 Days on Market

Highlights

  • Corner Lot
  • Zoned Cooling
  • Baseboard Heating

About This Home

As of April 2019

Opportunity to own an extremely flexible property close to the heart of downtown Middlebury. This property is in the Village Residential/Commercial district and has been used as a single family residence, an office with income generating apartment, and most recently as a full service beauty salon. The building interior and exterior were painted in 2017. A new Mitsubishi heat pump system was installed in 2016 for supplemental heat and complete air conditioning of the space. The shingle roof was professionally replaced in 2016. This building could easily be converted into residential use with the addition of a kitchen. (Plumbing for kitchen in place from previous use). Property is currently leased through May 2019.

Last Agent to Sell the Property

Bryan Phelps

Zillow, Inc. License #081.0071792 Listed on: 01/23/2019

Last Buyer's Agent

Bryan Phelps

Zillow, Inc. License #081.0071792 Listed on: 01/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1912

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Lot Sloped Up
  • Property is zoned VRC

Home Design

  • Gambrel Roof
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • Zoned Cooling
  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Exclusions: All trade fixtures & furniture is EXCLUDED from the sale.

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,051

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Gambrel
  • Construction: Existing
  • Items Excluded: All trade fixtures & furniture is EXCLUDED from the sale.
  • Total Stories: 2
  • Price Per Sq Ft: 185.71
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1912
  • Remarks Public: Opportunity to own an extremely flexible property close to the heart of downtown Middlebury. This property is in the Village Residential/Commercial district and has been used as a single family residence, an office with income generating apartment, and most recently as a full service beauty salon. The building interior and exterior were painted in 2017. A new Mitsubishi heat pump system was installed in 2016 for supplemental heat and complete air conditioning of the space. The shingle roof was professionally replaced in 2016. This building could easily be converted into residential use with the addition of a kitchen. (Plumbing for kitchen in place from previous use). Property is currently leased through May 2019.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Full, Stairs - Interior
  • Sq Ft - Apx Finished AG: 1400
  • Sq Ft - Apx Total: 2080
  • Sq Ft - Apx Total Finished: 1400
  • Sq Ft - Apx Unfinished BG: 680

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: On-Site

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp
  • Fuel Company: MacIntyre
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Oil
  • Heating Fuel: Electric, Oil
  • Heating: Baseboard, Heat Pump, Hot Water, Mini Split
  • Cooling: Multi Zone, Mini Split
  • Electric Company: Green Mountain Power

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Addison Central
  • Elementary School: Mary Hogan School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3

Lot Info

  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: Corner
  • Surveyed: Yes
  • Zoning: VRC

Tax Info

  • Tax Gross Amount: 4051.05
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Apr 12, 2019
Sold by
Not Provided
Bought by
Eight Elm Llc
Seller's Agent
Bryan Phelps
Zillow, Inc.
Buyer's Agent
Bryan Phelps
Zillow, Inc.
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%
Current Estimated Value
$401,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,889
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Bauer Marion D
Bought by
Bewran Llc
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
Eight Elm Llc $260,000 --
Bewran Llc $212,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2019 04/12/19 Sold $260,000 -3.3% $186 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $269,000 -- $192 / 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 $6,606 $244,900 $107,200 $137,700
2023 $5,860 $244,900 $107,200 $137,700
2022 $5,861 $244,900 $107,200 $137,700
2021 $5,899 $244,900 $107,200 $137,700
2020 $5,836 $244,900 $107,200 $137,700
2019 $5,757 $244,900 $107,200 $137,700
2018 $4,209 $147,800 $33,600 $114,200
2016 $3,909 $147,800 $33,600 $114,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bryan Phelps

    Zillow, Inc.

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Map

Source: PrimeMLS

MLS Number: 4734243

PrimeMLS

APN: 387-120-10191

Vermont Addison County Middlebury 05753

8 Elm St, Middlebury, VT

This home is located at 8 Elm St, Middlebury, VT 05753 since 23 January 2019 and is currently estimated at $401,889, approximately $287 per square foot. This property was built in 1912. 8 Elm St is a home located in Addison County with nearby schools including Middlebury Id #4 School, Middlebury Union Middle School, and Middlebury Union High School.

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