NOT LISTED FOR SALE

1147 E Main St Richmond, VT 05477

7 Beds
5 Baths
4,330 Sq Ft
2.58 Acres Lot

Sale Details

Date Sold: September 30, 2024

Last sale price $702,000 $162 Per Sq Ft

89 Days on Market

Highlights

  • Solar Power System
  • 2.58 Acre Lot
  • Hilly Lot
  • Richmond Elementary School Rated A-
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of September 2024

Possibilities and opportunities abound with this renovated farm house located on more than 2 1/2 acres of land abutting conservation and farm land.The main home was renovated to the studs. It features a remodeled kitchen with beautiful hand-planed barn plank wood floors, stainless steel appliances, island, tiledbacksplash, farmhouse sink and stone countertops. The kitchen overlooks the cozy living area that has the same gorgeous wood floors as well as new windows providingan abundance of natural light. The dining area has hardwood floors and original wood beam accentuated ceilings. There is a 1/2 bath on the first floor as well access tothe spacious basement. The second floor of the home features a remodeled full bath as well as 4 sizable bedrooms. The exterior of the main house has a wraparoundcovered porch, handsome brick siding, attractive metal roofing and an array of solar panels that are fully owned and cover most of the property's electrical needs. Inaddition to the main home, the property has two additional units that are currently being used as full time rentals to offset the costs of ownership. Use as a home office/business or other commercial uses may be allowed in these units. The land offers additional opportunities including adding additional units. Great opportunities for owneroccupants or investors looking for a great return. This property is unique and must be seen to be appreciated for all of the possibilities it has to offer.

Last Agent to Sell the Property

Rob Foley

Flat Fee Real Estate License #081.0004496 Listed on: 05/30/2024

Last Buyer's Agent

Gregory Larsen

KW Vermont License #082.0131048

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,468

Year Built

  • Built in 1830

Lot Details

  • 2.58 Acre Lot
  • Lot Sloped Up
  • Hilly Lot
  • Wooded Lot

Parking

  • 3 Car Garage
  • Stone Driveway

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 4,330 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Richmond Elementary School
  • Camels Hump Middle
  • Mt. Mansfield

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Drilled Well
  • Septic Tank
  • Internet Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • Covered Patio or Porch

Community Details

Recreation

  • Trails

Additional Features

  • 3 Units
  • Gross Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,468

Year Built

Built in 1830

Lot Details

2.58 Acres

Parking

3

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 162.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6130
  • Sq Ft - Apx Total Finished: 4330
  • Power Production Type: Photovoltaics
  • Year Built: 1830
  • Power Production Ownership: Seller Owned
  • List Agent: 26286
  • Display On Internet: Internet - Cable
  • Architectural Style: Farmhouse, Multi-Family
  • ResoLotFeatures: Country Setting, Hilly, Major Road Frontage, Trail/Near Trail, Walking Trails, Wooded
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4330
  • Sq Ft - Apx Unfinished BG: 1800

Exterior Features

  • Driveway: Crushed Stone
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal, Standing Seam
  • Features Exterior: Patio, Porch - Covered
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Capacity: 3
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Electric, Forced Air, Stove - Wood
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 2
  • Utilities: Cable
  • Water Source: Drilled Well

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Richmond Elementary School
  • High School: Mt. Mansfield USD #17

Lot Info

  • Lot Sq Ft: 112385
  • Lot Acres: 2.58
  • Surveyed: Yes
  • Zoning: Mixed
  • Deed Book: 424
  • Deed Page: 371
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 78000
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 12467.52
  • Tax Year: 2024

MLS Schools

  • School District: Richmond School District
  • School Middle Jr: Camels Hump Middle USD 17
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $702,000 -8.7% $162 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $769,000 -3.8% $178 / Sq Ft
05/30/2024 05/30/24 For Sale $799,000 +166.8% $185 / Sq Ft
10/17/2012 10/17/12 Sold $299,500 0.0% $70 / Sq Ft View Prior Sale
09/17/2012 09/17/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $299,500 -- $70 / 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 $8,790 $743,000 $171,200 $571,800
2023 $8,790 $743,000 $171,200 $571,800
2022 $8,179 $352,300 $78,600 $273,700
2021 $8,785 $352,300 $78,600 $273,700
2020 $8,400 $352,300 $78,600 $273,700
2019 $8,072 $350,500 $78,600 $271,900
2018 $7,928 $350,500 $78,600 $271,900
2017 $7,738 $350,500 $78,600 $271,900
2016 $7,709 $350,500 $78,600 $271,900
2015 -- $3,505 $0 $0
2014 -- $3,505 $0 $0
2013 -- $3,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4998166

PrimeMLS
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