NOT LISTED FOR SALE

103 Penny Ln Montpelier, VT 05602

Estimated Value: $453,000 - $584,000

4 Beds
2 Baths
1,872 Sq Ft
$262/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $400,000 $214 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,317/month

90 Days on Market

Highlights

  • 2.82 Acre Lot
  • Countryside Views
  • Vaulted Ceiling
  • Cape Cod Architecture
  • Deck
  • Wood Flooring

About This Home

As of November 2022

Penny Lane is in my heart ... Penny Lane is a lovely private road with four homes. This home is set at the near end of the road surrounded by beautiful landscaped land and woods on 2.82 acres. This lovingly cared for home was built in 1988 and the vaulted ceiling addition in 1998. Beautiful wide pine floors throughout the lower level with an open kitchen, dining room and double living room with loads of light. Two bedrooms and a full bath on the first level and two more bedrooms and a bath upstairs it boasts plenty of room to spread out both inside and out. The two car garage has additional storage above. Hang out on the large deck and grill (included with the sale) or step out onto the covered porch to enjoy the beautiful sounds and sites of nature. Penny Lane is ready for you!

Last Agent to Sell the Property

Lucy Ferrada

Heney Realtors - Element Real Estate (Montpelier) Listed on: 07/07/2022

Last Buyer's Agent

Lori Holt

BHHS Vermont Realty Group/Montpelier License #081.0003222

BHHS Vermont Realty Group/Montpelier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1988

Lot Details

  • 2.82 Acre Lot
  • Landscaped
  • Lot Sloped Up
  • Property is zoned Rural 40

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Countryside Views

Kitchen

  • Stove
  • Gas Range
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Berlin Elementary School
  • U32 High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Propane
  • Shared Water Source
  • Drilled Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Association fees include plowing, water, hoa fee

Listing and Financial Details

  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

Built in 1988

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Cape, W/Addition
  • Directions: From Montpelier, VT Rt. 12S (Northfield St.) to right on Muzzy Rd., left on Penny Ln. House on left.
  • Footprint: 30x26
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 213.68
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1988
  • List Agent: 284877
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range - Gas, Refrigerator, Washer
  • Equipment: Stove-Gas
  • Features Interior: Kitchen Island, Vaulted Ceiling, Laundry - 1st Floor
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Crawl Space, Gravel, Partial, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bedroom
  • Level 2: Level 2: Bedroom, Level 2: Bath - 3/4
  • Room 1: Living Room, 13'6x19'5, On Level: 1
  • Room 2: Dining Room, 11'3x19'10, On Level: 1
  • Room 3: Kitchen, 11'2x15'11, On Level: 1
  • Room 4: Primary Bedroom, 11'9x13'4, On Level: 1
  • Room 5: 1, 9'x11'
  • Room 6: Bath - Full, On Level: 1
  • Room 7: Bedroom, 11'9x15'3, On Level: 2
  • Room 8: Bedroom, 15'2x15'4, On Level: 2
  • Room 9: Bath - 3/4, On Level: 2
  • Sq Ft - Apx Finished AG: 1872
  • Sq Ft - Apx Total: 2242
  • Sq Ft - Apx Total Finished: 1872
  • Sq Ft - Apx Unfinished BG: 370

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Gravel, Shared, Privately Maintained
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch - Covered, Shed

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Auto Open

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Septic
  • Water: Drilled Well, Shared
  • Water Heater: Off Boiler, Tank
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Utilities: Dsl, Gas - Lp/Bottle

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 40
  • Fee Includes: Plowing, Water, HOA Fee

Fee Information

  • Tax Class: Homestead

Schools

  • Elementary School: Berlin Elementary School
  • High School: U32 High School

Lot Info

  • Lot Sq Ft: 122839
  • Lot Acres: 2.82
  • Lot Description: Country Setting, Landscaped
  • Surveyed: Yes
  • Zoning: Rural 40
  • Deed Book: 165
  • Deed Page: 170
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 2.25
  • Tax Gross Amount: 5700.4
  • Tax Year: 2022

MLS Schools

  • School District: Washington Central
  • School Middle Jr: Berlin Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Nov 18, 2022
Sold by
Rock
Bought by
Piette Jarrett A and Ziering Elizabeth
Seller's Agent
Lucy Ferrada
Heney Realtors - Element Real Estate (Montpelier)
Buyer's Agent
Lori Holt
BHHS Vermont Realty Group/Montpelier
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Views
154
Current Estimated Value
$521,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,348
Avg. Annual Appreciation
6.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Piette Jarrett A $400,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $400,000 -6.8% $214 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $429,000 -2.3% $229 / Sq Ft
07/21/2022 07/21/22 Price Changed $439,000 -7.6% $235 / Sq Ft
07/07/2022 07/07/22 For Sale $475,000 -- $254 / Sq Ft
Source: PrimeMLS

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 $6,819 $253,600 $63,300 $190,300
2023 $4,104 $253,600 $63,300 $190,300
2022 $5,700 $253,600 $63,300 $190,300
2021 $5,506 $253,600 $63,300 $190,300
2020 $5,884 $253,600 $63,300 $190,300
2019 $5,631 $253,600 $63,300 $190,300
2018 $5,631 $253,600 $63,300 $190,300
2017 $4,862 $253,600 $63,300 $190,300
2016 $0 $253,600 $63,300 $190,300
2015 -- $2,536 $0 $0
2014 -- $2,536 $0 $0
2013 -- $2,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4919505

PrimeMLS

APN: 060-018-11508