NOT LISTED FOR SALE

10 E Hill Rd Ludlow, VT 05149

Estimated Value: $475,000 - $649,000

5 Beds
4 Baths
2,977 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $525,000 $176 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,703/month

33 Days on Market

Highlights

  • Ski Accessible
  • Contemporary Architecture
  • Forced Air Heating System
  • Pond View
  • Corner Lot
  • High Speed Internet

About This Home

As of September 2022

Recently updated and renovated income producing ski or multi family home that is less than 3 miles from Okemo. The lower unit is a 2 bed/ 2bathand the upper one is a 3 bed/2 bath. Both units have great open space with large eat in kitchens, well-appointed living rooms, mud rooms, and full laundry. The home exterior and interior were recently painted, many windows replaced, and new furniture purchased to make this a true turnkey home. Currently, this property produces over$50,000/yr. with potential to increase that number. Some of the home’s details include, stainless appliances, granite counters, vessel sink, 2 full laundries, 2 story attached carriage house for expansion or gaming rooms, and an historic cupola with views of Okemo in the background. Close by are hiking trails, VAST snowmobile trails, 4 lakes, biking trails, adventure park, farmer’s market, summer concerts, and more. Something for everyone and every renter in this centrally located classic Vermont home. Taxes are based on current town assessment.

Last Agent to Sell the Property

Joseph Karl

William Raveis Real Estate Vermont Properties License #082.0007163 Listed on: 05/27/2022

William Raveis Real Estate Vermont Properties

Last Buyer's Agent

Karen Wilson

TPW Real Estate License #081.0120895

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Level Lot

Property Views

  • Pond
  • Mountain

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 3-Story Property

Basement

  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • Dirt Driveway
  • Unpaved Parking
  • On-Site Parking

Schools

  • Ludlow Elementary School
  • Choice Middle School
  • Choice High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Drilled Well
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units

Recreation

  • Ski Accessible

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,172

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Contemporary
  • Directions: From the center of Ludlow, head south on VT route 103. Turn right onto East Hill Road. Property will be immediately to your right.
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 176.35
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5239
  • Sq Ft - Apx Total Finished: 2977
  • Year Built: 1900
  • Remarks Public: Recently updated and renovated income producing ski or multi family home that is less than 3 miles from Okemo. The lower unit is a 2 bed/ 2bathand the upper one is a 3 bed/2 bath. Both units have great open space with large eat in kitchens, well-appointed living rooms, mud rooms, and full laundry. The home exterior and interior were recently painted, many windows replaced, and new furniture purchased to make this a true turnkey home. Currently, this property produces over$50,000/yr. with potential to increase that number. Some of the home’s details include, stainless appliances, granite counters, vessel sink, 2 full laundries, 2 story attached carriage house for expansion or gaming rooms, and an historic cupola with views of Okemo in the background. Close by are hiking trails, VAST snowmobile trails, 4 lakes, biking trails, adventure park, farmer’s market, summer concerts, and more. Something for everyone and every renter in this centrally located classic Vermont home. Taxes are based on current town assessment.
  • List Agent: 22955
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Sump Pump, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 2977
  • Sq Ft - Apx Unfinished AG: 1196
  • Sq Ft - Apx Unfinished BG: 1066

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public, Shared
  • Roof: Slate

Garage/Parking

  • Parking: Driveway, On-Site, Unpaved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Two Rivers Supervisory Union
  • Elementary School: Ludlow Elementary School
  • Middle School: Choice
  • High School: Choice
  • Elementary School: Ludlow Elementary School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Lot Description: Corner, Level, Mountain View, Pond Frontage, Ski Area
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 424
  • Deed Page: 415
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4171.94
  • Tax Year: 2022

MLS Schools

  • School District: Two Rivers Supervisory Union
  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Sep 8, 2022
Sold by
Cox Steiner Colin
Bought by
Modern Venture Properties Llc
Seller's Agent
Joseph Karl
William Raveis Real Estate Vermont Properties
Buyer's Agent
Karen Wilson
TPW Real Estate
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Views
16
Current Estimated Value
$547,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,478
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Sep 24, 2019
Sold by
Giardini Vincent
Bought by
Cox Steiner Colin

Purchase Details

Closed on
Apr 25, 2017
Sold by
Giardini Marianne
Bought by
Giardini Vincent

Purchase Details

Closed on
Apr 22, 2004
Sold by
Hindinger David T
Bought by
Giardini Vincent and Giardini Marianne

Purchase Details

Closed on
May 30, 2001
Sold by
Baxter Robert
Bought by
Hindinger David T
Source: Public Records

Range of Values:

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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
Modern Venture Properties Llc $525,000 --
Cox Steiner Colin $150,000 --
Giardini Vincent -- --
Giardini Vincent $180,250 --
Hindinger David T $89,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $525,000 -4.4% $176 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $549,000 -- $184 / 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 $8,462 $401,800 $30,800 $371,000
2023 $3,754 $228,100 $30,800 $197,300
2022 $4,172 $228,100 $30,800 $197,300
2021 $4,273 $228,100 $30,800 $197,300
2020 $4,512 $225,100 $32,500 $192,600
2019 $4,420 $225,100 $32,500 $192,600
2018 $4,382 $225,100 $32,500 $192,600
2016 $4,022 $225,100 $32,500 $192,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4912373

PrimeMLS

APN: 363-112-11333