NOT LISTED FOR SALE

1386 Terrace St Montpelier, VT 05602

Park West Neighborhood

Estimated Value: $541,000 - $738,668

3 Beds
2.5 Baths
1,322 Sq Ft
$507/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $700,000 $530 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,256/month

44 Days on Market

Highlights

  • Solar Power Battery
  • Countryside Views
  • Contemporary Architecture
  • Main Street School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2023

Fully appointed three bedroom executive ranch home now offered for sale in Montpelier. Built in 2016, this exquisite property has the layout, amenities, and flow that you’re looking for, with no compromises needed. The main level has an open floor plan and high ceilings that are ideal for everyday living as well as gatherings. Your new kitchen features granite countertops, upscale appliances, and is well-integrated into the living spaces. The sun-soaked first floor also features a large en suite bedroom, with a shower and separate soaking tub. With its abundance of windows, the walkout lower level is just as inviting as the main floor, and is complete with another large living room, two substantial bedrooms, and a full bathroom. Life is lived just as much outside at 1386 Terrace Street, with beautiful landscaping, including flowers, fruit trees, berry bushes, trees, and thoughtful hardscaping on more than an acre just on the outskirts of town. You’ll love the deck off the main living area, as well as the inviting patio with gazebo and fire pit. Impeccably built with efficiency in mind, this rare find includes an owned solar array, a Tesla PowerWall, and an EV charger in the attached two car garage. Not only will you be comfortable all year, but you’ll do it at a fraction of the cost of other homes. Also of note, there is a whole house sprinkler system. 3D video tour link below. **Please note that the property was NOT affected by July flooding.**

Last Agent to Sell the Property

Ray Mikus

Green Light Real Estate License #081.0078511 Listed on: 08/16/2023

Last Buyer's Agent

Janel Johnson

Coldwell Banker Hickok & Boardman / E. Montpelier License #082.0008306

Coldwell Banker Hickok & Boardman / E. Montpelier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,335

Year Built

  • Built in 2016

Lot Details

  • 1.04 Acre Lot
  • Landscaped
  • Lot Sloped Up
  • Garden
  • Property is zoned Residential 9000

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Countryside Views

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Accessible Home Design

  • Hard or Low Nap Flooring

Eco-Friendly Details

  • Solar Power Battery
  • Solar Power System

Outdoor Features

  • Deck
  • Patio
  • Gazebo

Schools

  • Union Elementary School
  • Main Street Middle School
  • Montpelier High School

Utilities

  • Heat Exchanger
  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Underground Utilities
  • Net Metering or Smart Meter
  • 200+ Amp Service
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,335

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Contemporary, Ranch
  • Directions: From Montpelier, Terrace Street toward Middlesex. House is on the left.
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 529.5
  • Property Class: Residential
  • Property Type: Single Family
  • Power Production Annual: 4979
  • Power Production Type: Photovoltaics
  • Year Built: 2016
  • Power Production Annual S2: Estimated
  • Power Production Year Ins2: 2017
  • Remarks Public: Fully appointed three bedroom executive ranch home now offered for sale in Montpelier. Built in 2016, this exquisite property has the layout, amenities, and flow that you’re looking for, with no compromises needed. The main level has an open floor plan and high ceilings that are ideal for everyday living as well as gatherings. Your new kitchen features granite countertops, upscale appliances, and is well-integrated into the living spaces. The sun-soaked first floor also features a large en suite bedroom, with a shower and separate soaking tub. With its abundance of windows, the walkout lower level is just as inviting as the main floor, and is complete with another large living room, two substantial bedrooms, and a full bathroom. Life is lived just as much outside at 1386 Terrace Street, with beautiful landscaping, including flowers, fruit trees, berry bushes, trees, and thoughtful hardscaping on more than an acre just on the outskirts of town. You’ll love the deck off the main living area, as well as the inviting patio with gazebo and fire pit. Impeccably built with efficiency in mind, this rare find includes an owned solar array, a Tesla PowerWall, and an EV charger in the attached two car garage. Not only will you be comfortable all year, but you’ll do it at a fraction of the cost of other homes. Also of note, there is a whole house sprinkler system. 3D video tour link below. **Please note that the property was NOT affected by July flooding.**
  • Power Production Ownership: Seller Owned
  • List Agent: 23070
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range - Gas, Refrigerator, Washer, Stove - Gas
  • Features Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Hard Surface Flooring
  • Features Interior: Primary BR w/ BA
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished, Full, Walkout, Exterior Access
  • Level 1: Level 1: Bath - 1/2, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room
  • Basement Level Rooms: Level B: Bedroom, Level B: Bath - Full, Level B: Living Room
  • Room 1: Kitchen, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Bedroom with Bath, On Level: 1
  • Room 4: Bath - 1/2, On Level: 1
  • Room 5: Basement
  • Room 6: Bedroom, On Level: Basement
  • Room 7: Living Room, On Level: Basement
  • Room 8: Living Room, On Level: 1
  • Room 9: Bath - Full, On Level: Basement
  • Sq Ft - Apx Finished AG: 1322
  • Sq Ft - Apx Finished BG: 1205
  • Sq Ft - Apx Total: 2757
  • Sq Ft - Apx Total Finished: 2527
  • Sq Ft - Apx Unfinished BG: 230

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Features Exterior: Deck, Garden Space, Gazebo, Patio

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry

Utilities

  • Cable Company: Comcast
  • Electric: 200 Amp, Net Meter, Energy Storage Device
  • Fuel Company: Gillespie
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle, On Demand
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Air to Air Heat Exchanger, Baseboard, Radiant
  • Electric Company: GMP
  • Phone Company: Consolidated Comm.
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Underground Utilities

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Montpelier School District
  • Elementary School: Union Elementary School
  • Middle School: Main Street Middle School
  • High School: Montpelier High School
  • Elementary School: Union Elementary School
  • High School: Montpelier High School

Lot Info

  • Lot Sq Ft: 45302
  • Lot Acres: 1.04
  • Lot Description: Country Setting, Landscaped
  • Surveyed: Unknown
  • Zoning: Residential 9000
  • Deed Book: 674
  • Deed Page: 911
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 10334.84
  • Tax Year: 2022

MLS Schools

  • School District: Montpelier School District
  • School Middle Jr: Main Street Middle School

Range of Values:

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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 Change Sq Ft Price
10/30/2023 10/30/23 Sold $700,000 -6.7% $277 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $750,000 +79.4% $297 / Sq Ft
08/26/2016 08/26/16 Sold $418,000 -2.8% $350 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $429,900 -- $360 / 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 $8,255 $565,700 $135,200 $430,500
2023 $6,336 $565,700 $135,200 $430,500
2022 $10,028 $341,400 $68,200 $273,200
2021 $10,088 $341,400 $68,200 $273,200
2020 $9,914 $341,400 $68,200 $273,200
2019 $9,472 $341,400 $68,200 $273,200
2018 $9,171 $341,400 $68,200 $273,200
2016 $5,385 $203,800 $68,200 $135,600
Source: Public Records

Agents Affiliated with this Home

  • Ray Mikus

    Seller's Agent in 2023

    Ray Mikus

    Green Light Real Estate

    (802) 279-2403

    5 in this area

    87 Total Sales

    Ray Mikus
    Section Image
  • Janel Johnson

    Buyer's Agent in 2023

    Janel Johnson

    Coldwell Banker Hickok & Boardman / E. Montpelier

    (802) 498-3013

    22 in this area

    209 Total Sales

    Janel Johnson
    Section Image
  • Tim Heney

    Seller's Agent in 2016

    Tim Heney

    Heney Realtors - Element Real Estate (Montpelier)

    (802) 522-5260

    6 in this area

    175 Total Sales

    Tim Heney
    Section Image

  • B

    Buyer's Agent in 2016

    Brendan Coyne

    New England Landmark Realty LTD

    (802) 245-4369

    26 Total Sales

    Brendan Coyne
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4965737

PrimeMLS

APN: 405-126-14098

Vermont Washington County Montpelier 05602 Park West

1386 Terrace St, Montpelier, VT

This home is located at 1386 Terrace St, Montpelier, VT 05602 since 16 August 2023 and is currently estimated at $669,667, approximately $506 per square foot. This property was built in 2016. 1386 Terrace St is a home located in Washington County with nearby schools including Union Elementary School, Roxbury Village School, and Main Street School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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