NOT LISTED FOR SALE

992 Prim Rd Colchester, VT 05446

Estimated Value: $416,000 - $623,000

5 Beds
2 Baths
1,758 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 26, 2013

Last sale price $275,000 $156 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,270/month

113 Days on Market

About This Home

As of September 2013

Commercial Zoning (large lot), nice 2 apartment building, lots of parking, much potential. Offices, etc., storage shed, excellent location. Meets all codes - new exit windows etc. Natural gas through Vermont Gas is available. 3 Bedroom ,2 story Apt in rear is totally redone now, New Paint, Carpet.Awesome lot,huge yard.

Last Agent to Sell the Property

William Vail

Vail Real Estate Brokerage Phone: 802-922-0990 License #081.0001088 Listed on: 04/16/2013

Last Buyer's Agent

Earl True

True Realty and Land Co, Inc. License #081.0000074

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 1880

Lot Details

  • 0.51 Acre Lot
  • Lot Sloped Up
  • Garden

Home Design

  • Duplex
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,758 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Parking Spaces
  • Stone Driveway
  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Schools

  • Porters Point Elementary School
  • Colchester Middle School
  • Colchester High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Gas
  • Water Heater Leased
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $21,180

Listing and Financial Details

  • Rent includes ground maintenance, parking, snow removal, trash, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From Burlington, straight through light onto Prim Road. House on left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 156.43
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 1758
  • Year Built: 1880
  • Remarks Public: Commercial Zoning (large lot), nice 2 apartment building, lots of parking, much potential. Offices, etc., storage shed, excellent location. Meets all codes - new exit windows etc. Natural gas through Vermont Gas is available. 3 Bedroom ,2 story Apt in rear is totally redone now, New Paint, Carpet.Awesome lot,huge yard.
  • List Agent: 16328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment: Window AC
  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 1758

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Gravel
  • Exterior: Vinyl
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Architectural
  • Features Exterior: Garden Space

Garage/Parking

  • Parking: Off Street, On-Site, Parking Spaces 6+

Utilities

  • Cable Company: Comcast
  • Fuel Company: Stevens
  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric, Rented
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Space Heater
  • Electric Company: GMP
  • Phone Company: Fairpoint
  • Total Electric Meters: 2
  • Utilities: Cable

Fee Information

  • Tax Class: TBD

Schools

  • Elementary School: Porters Point School
  • Middle School: Colchester Middle School
  • High School: Colchester High School
  • Elementary School: Porters Point School
  • High School: Colchester High School

Lot Info

  • Map: 000
  • Lot: 000
  • Lot Sq Ft: 22216
  • Land Gains: To Be Determined
  • Lot Acres: 0.51
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 90
  • Deed Page: 73
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Ground Maintenance, Parking, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 21180
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 09-10
  • Tax Gross Amount: 4444.43

MLS Schools

  • School Middle Jr: Colchester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Lam Sipha
Bought by
Phuong T Lam Trust U/T/A Dated December and Lam
Current Estimated Value
$512,008

Purchase Details

Closed on
May 13, 2022
Sold by
Lam Sipha
Bought by
Lam Phuoing and Lam Sipha

Purchase Details

Listed on
Apr 16, 2013
Closed on
Sep 23, 2013
Sold by
Booska Gary R and Booska Carol A
Bought by
Lam Sipha
Seller's Agent
William Vail
Vail Real Estate
Buyer's Agent
Earl True
True Realty and Land Co, Inc.
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Phuong T Lam Trust U/T/A Dated December -- --
Lam Phuoing $105,850 --
Lam Sipha $275,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2013 09/26/13 Sold $275,000 0.0% $156 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $275,000 -- $156 / 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 $5,760 $0 $0 $0
2023 $5,301 $0 $0 $0
2022 $5,082 $0 $0 $0
2021 $5,139 $0 $0 $0
2020 $5,015 $0 $0 $0
2019 $4,838 $0 $0 $0
2018 $4,725 $0 $0 $0
2017 $4,523 $211,700 $0 $0
2016 $4,498 $211,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4230441

PrimeMLS

APN: (048) 40-0020020000000