NOT LISTED FOR SALE

88 Malletts Bay Ave Winooski, VT 05404

5 Beds
4 Baths
5,200 Sq Ft
4,792 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $460,000 $88 Per Sq Ft

182 Days on Market

Highlights

  • Wood Flooring
  • Walk-Up Access
  • 1-minute walk to Winooski Tracks

About This Home

As of December 2016

Great numbers for the investor in this property. Very good rental history. 2 grade level commercial tenants; 4 residential units on 2nd floor; full 3rd floor attic. Full basement that is separated for use by each commercial tenant. Basements have insulated wrap on walls and are good dry storage areas. Building has updated windows, vinvyl siding and newly applied sealed rubberized roof. Tenants pay their own utilities and landlord pays trash, sewer, water, snow removal. Large building with large numbers very close to city center.

Last Agent to Sell the Property

Warren Palm

BHHS Vermont Realty Group/S Burlington License #082.0001994 Listed on: 04/21/2016

BHHS Vermont Realty Group/S Burlington

Last Buyer's Agent

Blake Gintof

Signature Properties of Vermont License #081.0134224

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,846

Year Built

  • 1905

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 5,200 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Basement Storage

Parking

  • 110 Car Parking Spaces
  • Gravel Driveway

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Controls for Heating
  • Natural Gas Water Heater

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Gross Income $68,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,846

Year Built

1905

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Footprint: 52 x 50
  • Assessment Year: 2007
  • Construction: Existing
  • Total Stories: 3
  • Sq Ft - Apx Total: 5200
  • Sq Ft - Apx Total Finished: 5200
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1905

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Stairs - Interior, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 5200

Exterior Features

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

Garage/Parking

  • Parking: Parking Spaces 1 - 10

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Vt Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented, Individual
  • Cooling: Individual
  • Electric Company: GMP
  • Phone Company: Comcast
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Water Heaters: 6
  • Trash: Cans

Schools

  • School District: Winooski School District
  • Elementary School: John F Kennedy Elementary
  • Middle School: Winooski Middle/High School
  • High School: Winooski High School

Lot Info

  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Surveyed: Yes
  • Zoning: res

Multi Family

  • Gross Income: 68640
  • Total Units: 6
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8845.85
  • Tax Year: 2015

Range of Values:

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Sold Price
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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
12/30/2016 12/30/16 Sold $460,000 -7.4% $88 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $497,000 -- $96 / 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 -- $566,500 $166,000 $400,500
2023 -- $340,500 $166,000 $174,500
2022 $10,658 $340,500 $166,000 $174,500
2021 $10,865 $340,500 $166,000 $174,500
2020 $10,530 $340,500 $166,000 $174,500
2019 $9,989 $340,500 $166,000 $174,500
2018 $9,529 $340,500 $166,000 $174,500
2017 $9,232 $340,500 $166,000 $174,500
2016 $9,101 $340,500 $166,000 $174,500
Source: Public Records

Agents Affiliated with this Home

  • Warren Palm

    Seller's Agent in 2016

    Warren Palm

    BHHS Vermont Realty Group/S Burlington

    (802) 658-5555

    2 in this area

    75 Total Sales

    Warren Palm
    Section Image
  • Blake Gintof

    Buyer's Agent in 2016

    Blake Gintof

    Signature Properties of Vermont

    (802) 316-0681

    3 in this area

    33 Total Sales

    Blake Gintof
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4484602

PrimeMLS

APN: (246) MB088

Vermont Chittenden County Winooski 05404

88 Malletts Bay Ave, Winooski, VT

This home is located at 88 Malletts Bay Ave, Winooski, VT 05404 since 21 April 2016. This property was built in 1905. 88 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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