NOT LISTED FOR SALE

81 N Main St Barre, VT 05641

Barre Area

Estimated Value: $697,251

7 Beds
9 Baths
8,725 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2023

Last sale price $557,500 $64 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,490 / mo

82 Days on Market

Highlights

  • Zoned Heating
  • Hot Water Heating System
  • High Speed Internet

About This Home

As of April 2023

This is a prime downtown location on Main Street with a high traffic count. The present owners have transformed this property through a lot of hard work to now include 5 residential apartments, one office space and a restaurant. It's now time for the seller to move onto the next project. Approximately 5 years ago a severe storm caused a virtual total failure of the upper roof. A new rubber membrane roof was installed and the upstairs 4 apartments were essentially recreated new, making them now essentially 5 years old. Seller will be entering into a 1031 Like Kind Exchange.

Last Agent to Sell the Property

Michael Skinner

License #082.0002830 Listed on: 09/02/2022

Last Buyer's Agent

Jonathon Brigati

KW Vermont-Stowe License #082.0134957

KW Vermont-Stowe
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing

Interior Spaces

  • 9 Full Bathrooms
  • 8,725 Sq Ft Home
  • 2-Story Property

Basement

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

Parking

  • 1 Car Parking Space
  • Shared Driveway
  • Paved Parking

Utilities

  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $54,899
  • Gross Income $113,400
  • Net Operating Income $56,047

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Freestanding, Multi-Level
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 63.9
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 15294
  • Sq Ft - Apx Total Finished: 8725
  • Year Built: 1935
  • List Agent: 8186
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Full, Stairs - Exterior, Stairs - Interior, Sump Pump
  • Sq Ft - Apx Finished AG: 8725
  • Sq Ft - Apx Unfinished BG: 6569

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Block, Brick
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane

Garage/Parking

  • Parking: Parking Spaces 1

Utilities

  • Cable Company: Spectrum
  • Electric: Circuit Breaker(s)
  • Fuel Company: Conti Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned, Tank
  • Heating Fuel: Oil
  • Heating: Hot Water, Multi Zone
  • Electric Company: GMP
  • Total Electric Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 1
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot, Major Road Frontage, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: Central Business
  • Deed Book: 375
  • Deed Page: 214
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 113400
  • Net Income: 56047
  • Total Full Baths: 9
  • Total Units: 7
  • Total1 Bedroom Units: 4
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 15839.92
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Apr 12, 2023
Sold by
Bought by
Seller's Agent
Michael Skinner
Buyer's Agent
Jonathon Brigati
KW Vermont-Stowe
List Price
$600,000
Sold Price
$557,500
Premium/Discount to List
-$42,500
-7.08%
Views
32
Current Estimated Value
$697,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,751
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Sep 25, 2020
Sold by

Purchase Details

Closed on
Oct 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Barre, VT

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$557,500 --
$325,000 --
$567,000 --
$425,800 --
$180,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $557,500 -7.1% $64 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $600,000 -- $69 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,984 $438,100 $98,200 $339,900
2024 $7,364 $438,100 $98,200 $339,900
2023 $7,364 $438,100 $98,200 $339,900
2022 $15,840 $438,100 $98,200 $339,900
2021 $16,097 $438,100 $98,200 $339,900
2020 $19,701 $543,200 $98,300 $444,900
2019 $0 $543,200 $98,300 $444,900
2018 $0 $543,200 $98,300 $444,900
2017 $0 $543,200 $98,300 $444,900
2016 $0 $543,200 $98,300 $444,900
2015 -- $760 $0 $0
2014 -- $760 $0 $0
2013 -- $760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4928233

PrimeMLS

APN: 036-011-10550

Your Personal Tour Guide

Ask me questions while you tour the home.