NOT LISTED FOR SALE

9 Ridgeway St Springfield, VT 05156

Estimated Value: $119,000 - $192,000

4 Beds
2 Baths
1,964 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $85,000 $43 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,142/month

48 Days on Market

Highlights

  • Barn
  • Detached Garage
  • High Speed Internet
  • Wood Flooring
  • Hot Water Heating System
  • Level Lot

About This Home

As of June 2021

Investors won't want to miss out on this incredible opportunity to own a 2 unit rental property on the outskirts of downtown Springfield. The current owner has made many upgrades including a new metal roof, newer boiler and a fresh coat of paint! This building can generate decent income as an investment or be converted back to a signal family home with 1 electrical meter and one heat system. An adjoining building lot is being sold with this property and includes a barn perfect for dry storage. Don't miss a great opportunity this fast as it is priced to sell!

Last Agent to Sell the Property

Amanda Stearns

Barrett and Valley Associates Inc. License #082.0126065 Listed on: 03/31/2021

Last Buyer's Agent

Judy Thompson

Walnut Hill Realty License #081.0134004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Corrugated Roof
  • Metal Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1,964 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Detached Garage
  • Gravel Driveway

Schools

  • Elm Hill Elementary School
  • Riverside Middle School
  • Springfield High School

Farming

  • Barn

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,013

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Springfield Plaza stay on Main Street towards I91. Continue onto South Street Hill then turn right onto Merrill Street then left onto Furnace Street and right onto Ridgeway. Property is on the right. See sign.
  • Construction: Existing
  • Seasonal: Unknown
  • Total Stories: 2
  • Price Per Sq Ft: 43.28
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1964
  • Sq Ft - Apx Total Finished: 1964
  • Property Type: Multi-Family
  • Year Built: 1880
  • L A1 M M S I Memberkey: 613458
  • List Agent: 23205
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72809
  • S A1 M M S I Memberkey: 392588
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 72801
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 1964

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Wood
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Corrugated, Metal
  • Features Exterior: Barn

Garage/Parking

  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Electric, Hot Water
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Elm Hill School
  • High School: Springfield High School

Lot Info

  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Lot Description: Alternative Lots Avail, Level
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 366
  • Deed Page: 220
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 20-21
  • Tax Gross Amount: 2012.88
  • Tax Year: 2020

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 2

MLS Schools

  • School District: Springfield
  • School Middle Jr: Riverside Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $85,000 -4.5% $43 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $89,000 -7.8% $45 / Sq Ft
03/31/2021 03/31/21 For Sale $96,500 -- $49 / 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 $2,982 $84,300 $16,800 $67,500
2023 $1,213 $83,600 $16,800 $66,800
2022 $2,684 $83,600 $16,800 $66,800
2021 $2,036 $54,500 $12,900 $41,600
2020 $2,013 $54,500 $12,900 $41,600
2019 $1,932 $54,500 $12,900 $41,600
2018 $1,954 $54,500 $12,900 $41,600
2016 $1,938 $66,500 $17,400 $49,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4853396

PrimeMLS

APN: 606-190-13131