9 months on rocket

149 State St, Montpelier, VT, 05602

$940,000

0.48 Acres
$141/SqFt
Land

Location

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Property Highlights

Home TypeOther
ParkingDriveway, Parking Spaces 21+, Paved
Year Built1860
HeatingHot Water
BasementYes
MLS #4987186
Lot Size0.48 Acres
StatusActive

About 149 State St

Excellent opportunity to own prime commercial/residential space in Montpelier near I89, public transportation, schools, CVMC Hospital and shopping. The 6,686 square foot building is currently comprised of 13 offices and 6 airbnb rooms, one full bath, one 3/4 bath and two half baths (one handicap accessible), two kitchenettes and over 30 parking spaces. There are many preserved original details throughout the front portion of the building including a spectacular two level porch with dramatic columns. This property has prime road frontage on Route 2/State Street and ample signage. It's is a 5 minute walk to the State House and center of town. Perfect for investment, conversion to rental property or 1031 exchange! The July flooding did affect the building but it has been restored and renovated as is ready for immediate occupancy. Also listed as commercial: MLS#4985913.

Property Details

Property Features

Property Information:

  • Year Built: 1860
  • Stories: 2
  • Living Area: 6,686 SqFt

Listing Office:

  • Office Name: Dome Real Estate Group LLC
  • Office Phone: (802) 793-8370
  • Listing Agent: Jeanne Felmly

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate

Exterior Features

Exterior Information:

  • Exterior: Handicap Modified, Porch - Covered

Parking Information:

  • Parking: Driveway, Parking Spaces 21+, Paved

Lot Features

Lot Information:

  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Hot Water

Other

Directions Information:

  • Directions: From I89, take exit 8 toward Montpelier/US 2 onto Memorial Drive. Go 1 mile. Turn left onto Bailey Ave Ext, then left onto State Street. Second house on right, sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $940,000
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $17,575
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montpelier, VT.

Med. Sold Price

$392.5K

Med. Price/SqFt

$334

# of Sold Homes

6

149 State St vs Montpelier

271 DAYS ON ROCKET

$940,000

+$547.5K More

$141/SqFt

-$194 Less

KEY TAKEAWAY

This property is $547.5K more than the Median Sold Price and $194/SqFt less than other homes in Montpelier, VT.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #4987186

Listing Office:

  • Office Name: Dome Real Estate Group LLC
  • Office Phone: (802) 793-8370
  • Listing Agent: Jeanne Felmly

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$17,575$643,300
2019$18,698$643,300
2018$17,991$643,300
2017$17,290$643,300

History based on county public records data.

Payment Calculator

$4,759

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,885

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3528659
4
/10
  • Union Elementary School

  • 1 Park Ave

  • 0.73 miles

  • Public District Grades PK-4

school-card-donut-3528660
4
/10
  • Berlin Elementary School

  • 372 Paine Tpke N

  • 3.39 miles

  • Public District Grades PK-6

school-card-donut-3528661
6
/10
  • East Montpelier Elementary School

  • 665 Vincent Flats Rd

  • 4.75 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,824. The most common annual income of people living in Montpelier, VT is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 149 State St

What is the listing price of this property?

The listing price of 149 State St property is $940,000.

What type of property is this?

The property 149 State St is land located in Montpelier, Vermont, 05602.

Is this property for sale now?

Active Listing: 149 State St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $17,575 (source: MLS/based on county public records data).

How much acreage is this property?

The property 149 State St is 0.48 acres.
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Rocket HomesVermontWashington CountyMontpelier05602149 State St

This home is located at 149 State St in Montpelier, VT and zip code 05602. This 6,686 square foot home, which was built in 1860, sits on a 0.48 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $940,000.

While more than 4 listings in Montpelier, VT in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. Between October 2024 and November 2024, Montpelier, VT real estate market has seen decrease in the number of listings by 25.7%.

From Rocket Homes Real Estate and based on county public records data.

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