NOT LISTED FOR SALE

150 S Pleasant St Middlebury, VT 05753

Estimated Value: $402,778

0.24 Acre
$1,678,242 Price per Acre
10,454 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $300,000

Est. 34% increase in value since last sale

Current estimated payment $2,440/month

93 Days on Market

Highlights

  • Water Views
  • High Speed Internet
  • 4-minute walk to Middlebury Town Common
  • Middlebury Union High School Rated 9+

About This Lot

As of March 2022

Development opportunity in downtown Middlebury! This parcel of land has been planned for development into condominium units. The current owner has permitted a plan with the town for 6 townhouse units. Zoned in the Village Residential Commercial Zone the permitted uses are B&B house, Home Occupation, one family or two family dwelling. Many other conditional uses may be allowed with proper permitting. Have another idea for the land, let's talk about it! Overlooking the Otter Creek and downtown Middlebury. Off and on street parking is available. Permanent easement to the north allows vehicular access to the rear of the building. The existing building is in need of rehab or removal but the location is excellent!!

Last Agent to Sell the Property

Amey Ryan

IPJ Real Estate License #081.0073670 Listed on: 11/24/2021

Last Buyer's Agent

Amey Ryan

IPJ Real Estate License #081.0073670 Listed on: 11/24/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,531

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Sloped Up
  • Property is zoned VRC

Property Views

  • Water Views

Schools

  • Middlebury Id #4 Elementary School
  • Middlebury Union Middle #3
  • Middlebury Senior Uhsd #3 High School

Utilities

  • 100 Amp Service
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,531

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Cross Street, turn north onto South Pleasant Street, building on the left - see sign. From the north of Middlebury, go past the Middlebury Inn and the Inn on the Green, stay straight on South Pleasant Street. Building on your right. park out front.
  • Flood Zone: Unknown
  • Suitable Use: Commercial, Development Potential, Residential
  • Assessment Amount: 229600
  • Assessment Year: 2019
  • Price Per Sq Ft: 1250000
  • Property Class: Land
  • Remarks Public: Development opportunity in downtown Middlebury! This parcel of land has been planned for development into condominium units. The current owner has permitted a plan with the town for 6 townhouse units. Zoned in the Village Residential Commercial Zone the permitted uses are B&B house, Home Occupation, one family or two family dwelling. Many other conditional uses may be allowed with proper permitting. Have another idea for the land, let's talk about it! Overlooking the Otter Creek and downtown Middlebury. Off and on street parking is available. Permanent easement to the north allows vehicular access to the rear of the building. The existing building is in need of rehab or removal but the location is excellent!!
  • List Agent: 8667
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Easements: Yes
  • Water Body Type: Creek
  • Water Body Name 2: Otter Creek
  • Water View: Yes

Utilities

  • Cable Company: Xfinity Avail
  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Electric Company: GMP
  • Phone Company: Xfinity Avail
  • Utilities: Cable - Available, Dsl - Available, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Addison Central
  • Elementary School: Middlebury ID #4 School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3
  • Elementary School: Middlebury ID #4 School
  • High School: Middlebury Senior UHSD #3

Lot Info

  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Lot Description: City Lot, Sidewalks, Sloping, View, Water View
  • Surveyed: Unknown
  • Zoning: VRC
  • Total Lots: 1
  • Deed Book: 229
  • Deed Page: 483
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 5530.83
  • Tax Year: 2021

MLS Schools

  • School District: Addison Central
  • School Middle Jr: Middlebury Union Middle #3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Wsmidd Spe Llc
Bought by
Sawyer Apartments Llc
Current Estimated Value
$402,778

Purchase Details

Listed on
Nov 24, 2021
Closed on
Mar 21, 2022
Sold by
Aej Properties Llc
Seller's Agent
Amey Ryan
IPJ Real Estate
Buyer's Agent
Amey Ryan
IPJ Real Estate
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Source: Public Records

Range of Values:

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Average Value
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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
Sawyer Apartments Llc -- --
Sawyer Apartments Llc -- --
-- $300,000 --
-- $300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $300,000 -3.2% --
02/25/2022 02/25/22 Pending -- -- --
11/24/2021 11/24/21 For Sale $310,000 -- --
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 $3,550 $131,600 $111,600 $20,000
2023 $5,494 $131,600 $111,600 $20,000
2022 $5,494 $229,600 $111,600 $118,000
2021 $5,531 $229,600 $111,600 $118,000
2020 $5,472 $229,600 $111,600 $118,000
2019 $5,398 $229,600 $111,600 $118,000
2018 $5,084 $178,500 $82,500 $96,000
2016 $4,721 $178,500 $82,500 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Amey Ryan

    Seller's Agent in 2022

    Amey Ryan

    IPJ Real Estate

    (802) 989-8156

    91 in this area

    243 Total Sales

    Amey Ryan
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Map

Source: PrimeMLS

MLS Number: 4891697

PrimeMLS

APN: 387-120-10589

Vermont Addison County Middlebury 05753

150 S Pleasant St, Middlebury, VT

This home is located at 150 S Pleasant St, Middlebury, VT 05753 since 24 November 2021 and is currently estimated at $402,778. 150 S Pleasant St is a home located in Addison County with nearby schools including Middlebury Id #4 School, Middlebury Union Middle School, and Middlebury Union High School.

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