NOT LISTED FOR SALE

Estimated Value: $594,887

6 Beds
6 Baths
3,980 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $345,000 $87 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,713/month

11 Days on Market

Highlights

  • 3 Car Attached Garage
  • Baseboard Heating
  • Walk-Up Access
  • Zoned Heating
  • High Speed Internet
  • 5-minute walk to City Hall Park

About This Home

As of April 2020

The owner has been a very good steward of this building with strong management of both it and their tenant base. This building has the added benefit of an attached 3 car garage which has been an added attraction to tenants as garage space is very rare to find. Building is fully occupied and the owner has been able to keep it fully occupied. You have the opportunity to be the beneficiary of owning this great property.

Last Agent to Sell the Property

Michael Skinner

KW Vermont License #082.0002830 Listed on: 02/13/2020

KW Vermont

Last Buyer's Agent

Elise Polli

Polli Properties License #081.0134218

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Lot Sloped Up

Parking

  • 3 Car Attached Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 2-Story Property

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding UHS #41 High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $25,840
  • Gross Income $58,788
  • Net Operating Income $32,948

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From Barre City head east on 302 (Washington Street). Property is on the left, one building after Mount Street.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 86.68
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5480
  • Sq Ft - Apx Total Finished: 3980
  • Year Built: 1900
  • Remarks Public: The owner has been a very good steward of this building with strong management of both it and their tenant base. This building has the added benefit of an attached 3 car garage which has been an added attraction to tenants as garage space is very rare to find. Building is fully occupied and the owner has been able to keep it fully occupied. You have the opportunity to be the beneficiary of owning this great property. Owner may elect to enter into a 1031 Exchange.
  • List Agent: 8186
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 3980
  • Sq Ft - Apx Unfinished BG: 1500

Exterior Features

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

Garage/Parking

  • Garage Capacity: 3
  • Parking: On-Site
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Attached

Utilities

  • Electric: 100 Amp
  • Fuel Company: Conti
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Trash: Dumpster
  • Utilities: Cable, Dsl - Available, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Barre City School District
  • Elementary School: Barre City Elem & Middle Sch
  • Middle School: Barre City Elem & Middle Sch
  • High School: Spaulding UHS #41
  • Elementary School: Barre City Elem & Middle Sch
  • High School: Spaulding UHS #41

Lot Info

  • Lot Sq Ft: 19166
  • Lot Acres: 0.44
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Mixed Use 1
  • Deed Book: 265
  • Deed Page: 530-531
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 58788
  • Net Income: 32948
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 11410.28
  • Tax Year: 2019

MLS Schools

  • School District: Barre City School District
  • School Middle Jr: Barre City Elem & Middle Sch

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
04/29/2020 04/29/20 Sold $345,000 0.0% $87 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $345,000 -- $87 / 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 $5,466 $325,200 $32,600 $292,600
2023 $5,466 $325,200 $32,600 $292,600
2022 $11,758 $325,200 $32,600 $292,600
2021 $11,949 $325,200 $32,600 $292,600
2020 $11,794 $325,200 $32,600 $292,600
2019 $11,410 $325,200 $32,600 $292,600
2018 $10,904 $320,400 $32,600 $287,800
2016 $10,504 $320,400 $32,600 $287,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4793877

PrimeMLS

APN: 036-011-10203