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43 E State St, Montpelier, VT, 05602

$649,000

0.24 Acres
$232/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAssigned, Off Street
Garage2 spaces
Year Built1877
CoolingNone
BasementYes
MLS #5017370
Lot Size0.24 Acres
StatusActive

About 43 E State St

Exceptional opportunity to purchase a four unit multi family in the heart of downtown Montpelier! Completely renovated in 1984, including a poured concrete foundation and new electric and plumbing, this income producing property is ready for new ownership after over 40 years. Three of the four units have beautiful hardwood flooring throughout as well as assigned off street parking. Convenient to all amenities: public transportation, shopping, dining/bars, hospital and the I89 corridor. A perfect candidate for a 1031 exchange. This offering has been thoughtfully cared for over the decades and will be the perfect fit for the discerning investor.

Property Details

Property Features

Property Information:

  • Year Built: 1877
  • Stories: 2
  • Living Area: 2,793 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, Ceramic Tile, Hardwood, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: From Main Street in downtown, turn onto East State Street. Go 0.1 mile, property on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $232/SqFt

Tax Information:

  • Annual Amount: $6,363
  • Tax Year: 2020
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Housing Market Comparison

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

Med. List Price

$384.5K

Med. Price/SqFt

$256

Avg. Days On Market

46

# of Sold Homes

7

43 E State St vs Montpelier

41 DAYS ON ROCKET

-5 Days

$649,000

+$264.5K More

$232/SqFt

-$24 Less

KEY TAKEAWAY

This property is $264.5K more than the Median List Price and $24/SqFt less than other homes in Montpelier, VT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #5017370

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 display 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: 11/14/2024, 10:20:49 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$6,363$232,900
2019$6,769$232,900
2018$6,513$232,900
2017$6,260$232,900

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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-230432
4
/10
  • Union Elementary School

  • 1 Park Ave

  • 0.11 miles

  • Public District Grades PK-4

school-card-donut-230433
4
/10
  • Berlin Elementary School

  • 372 Paine Tpke N

  • 3.10 miles

  • Public District Grades PK-6

school-card-donut-230434
6
/10
  • East Montpelier Elementary School

  • 665 Vincent Flats Rd

  • 4.30 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,299. Typical income of Montpelier, VT residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 43 E State St

What is the listing price of this property?

The listing price of 43 E State St property is $649,000.

What type of property is this?

The property 43 E State St is land located in Montpelier, Vermont, 05602.

Is this property for sale now?

Active Listing: 43 E 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 $6,363 (source: MLS/based on county public records data).

How much acreage is this property?

The property 43 E State St is 0.24 acres.
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Rocket HomesVermontWashington CountyMontpelier0560243 E State St

This home is located at 43 E State St in Montpelier, VT and zip code 05602. This 2,793 square foot home, which was built in 1877, sits on a 0.24 acre lot. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $649,000.

The inventory of homes for sale in Montpelier, VT between September 2024 and October 2024 increased by 100%. In October 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $384,500.

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

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