NOT LISTED FOR SALE

94 Lakeview Terrace Waterbury Ctr, VT 05677

Estimated Value: $554,000 - $673,000

3 Beds
1 Bath
2,770 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $460,000 $166 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,160/month

7 Days on Market

Highlights

  • Water Views
  • 2.85 Acre Lot
  • Wood Flooring
  • Waitsfield Elementary School Rated A
  • Deck
  • Hiking Trails

About This Home

As of May 2022

Located on a quiet neighborhood street (last house on a dead end), this mid century home has been in the same family since its construction. Ideally located on 2.85 acres nestled between downtown Waterbury and Waterbury Center with panoramic views of the reservoir and Mt Mansfield. The owner lived in the main house and excellent tenants (who would stay if possible and will leave if needed) occupy an accessory unit to the main house and a one bedroom lower level apartment walkout. Tenants have separate entrance and their own parking spaces. 1st level main and basement apartments approximately 992 sq ft each. Home could revert back to a single family residence with in-law apartment. Walking trail on property leads to connecting trail to Waterbury Reservoir which is in the Waterbury State Park. It is an integral recreation resource and one of the newer park facilities within the Mount Mansfield State Forest. The reservoir offers swimming, fishing, snowshoeing, and camping. Waterbury Golf club 5 mins. Stowe 20 mins and Mt Mansfield skiing/hiking 25 mins. Open House Sat 3/26 10am-1pm. See MLS # 4901926 for Residential Family listing info. Listing card states 3 bedrooms and 8 rooms total and property is permitted for 3 separate units.

Last Agent to Sell the Property

Theresa Murray-Clasen

Coldwell Banker Hickok & Boardman / E. Montpelier License #082.0116154 Listed on: 03/23/2022

Coldwell Banker Hickok & Boardman / E. Montpelier

Last Buyer's Agent

Brendan Coyne

New England Landmark Realty LTD License #082.0092416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,831

Year Built

  • Built in 1955

Lot Details

  • 2.85 Acre Lot
  • Level Lot
  • Garden

Property Views

  • Water
  • Mountain

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor
  • Apartment Living Space in Basement
  • Crawl Space
  • Basement Storage

Parking

  • Dirt Driveway
  • Paved Parking

Outdoor Features

  • Deck

Schools

  • Thatcher Brook Primary Sch Elementary School
  • Crossett Brook Middle School
  • Harwood Union High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Water Heater
  • Septic Tank
  • Septic Design Available
  • Leach Field
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 3 Units

Recreation

  • Hiking Trails

Building Details

  • Operating Expense $10,000
  • Gross Income $21,900
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,831

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Directions: I89 exit 10 to Rte 100N. Pass Ben and Jerrys, Lake Champlain Chocolates, Cabot Cheese, take next left after Reservoir Rd onto Lakeview Terrace. Bear left at fork to house on right of the dead end street. If you pass Cold Hollow Cider Mill you have gone too far.
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 258.72
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3570
  • Sq Ft - Apx Total Finished: 2770
  • Year Built: 1955
  • Remarks Public: Located on a quiet neighborhood street (last house on a dead end), this mid century home has been in the same family since its construction. Ideally located on 2.85 acres nestled between downtown Waterbury and Waterbury Center with panoramic views of the reservoir and Mt Mansfield. The owner lived in the main house and excellent tenants (who would stay if possible and will leave if needed) occupy an accessory unit to the main house and a one bedroom lower level apartment walkout. Tenants have separate entrance and their own parking spaces. 1st level main and basement apartments approximately 992 sq ft each. Home could revert back to a single family residence with in-law apartment. Walking trail on property leads to connecting trail to Waterbury Reservoir which is in the Waterbury State Park. It is an integral recreation resource and one of the newer park facilities within the Mount Mansfield State Forest. The reservoir offers swimming, fishing, snowshoeing, and camping. Waterbury Golf club 5 mins. Stowe 20 mins and Mt Mansfield skiing/hiking 25 mins. Open House Sat 3/26 10am-1pm. See MLS # 4901926 for Residential Family listing info. Listing card states 3 bedrooms and 8 rooms total and property is permitted for 3 separate units.
  • List Agent: 21324
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Concrete, Crawl Space, Dirt, Partially Finished, Stairs - Interior, Storage Space, Interior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 1778
  • Sq Ft - Apx Finished BG: 992
  • Sq Ft - Apx Unfinished BG: 800

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Paved
  • Exterior: Vinyl Siding
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Paved, Public
  • Roof: Standing Seam
  • Features Exterior: Deck, Garden Space
  • Water Body Type: Reservoir
  • Water Body Name 2: Waterbury Reservoir
  • Water View: Yes

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp
  • Fuel Company: Bournes Energy
  • Sewer: 1000 Gallon, Leach Field - Existing, Leach Field - On-Site, Septic, Septic Design Available
  • Water: Public
  • Water Heater: Off Boiler, Owned
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: Green Mt Power
  • Phone Company: Consolidated/Comcast
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Utilities: Cable - At Site, Cable - Available, High Speed Intrnt -Atsite

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Harwood UHSD 19
  • Elementary School: Thatcher Brook Primary Sch
  • Middle School: Crossett Brook Middle School
  • High School: Harwood Union High School
  • Elementary School: Thatcher Brook Primary Sch
  • High School: Harwood Union High School

Lot Info

  • Lot Sq Ft: 124146
  • Lot Acres: 2.85
  • Lot Description: Level, Major Road Frontage, Mountain View, Sloping, Walking Trails, Water View
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 262
  • Deed Page: 501
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 21900
  • Net Income: 21900
  • Total Full Baths: 1
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6831.06
  • Tax Year: 2022

MLS Schools

  • School District: Harwood UHSD 19
  • School Middle Jr: Crossett Brook Middle School

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
05/11/2022 05/11/22 Sold $460,000 +7.2% $166 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $429,000 -- $155 / 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 $9,353 $351,100 $105,400 $245,700
2023 $5,116 $278,400 $105,400 $173,000
2022 $6,206 $278,400 $105,400 $173,000
2021 $6,433 $278,400 $105,400 $173,000
2020 $6,256 $278,400 $105,400 $173,000
2019 $6,082 $278,400 $105,400 $173,000
2018 $5,750 $278,400 $105,400 $173,000
2016 $5,774 $278,400 $105,400 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4901925

PrimeMLS

APN: 696-221-11138