NOT LISTED FOR SALE

16 Olcott Rd Norwich, VT 05055

Estimated Value: $1,810,000 - $2,753,000

5 Beds
6 Baths
6,741 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $1,350,000 $200 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $14,805/month

97 Days on Market

Highlights

  • 7.5 Acre Lot
  • Mountain View
  • Wood Flooring
  • Marion W. Cross School Rated A
  • Federal Architecture
  • Whirlpool Bathtub

About This Home

As of July 2015

Located just one mile from town, this magnificent home is sited to afford both privacy and views and includes a fieldstone terrace, stone walls, maintained lawns, perennial gardens, and views to the west. The interior offers abundant light, high ceilings, and terrific flow; great space for entertaining and still lots of privacy. The house is graced by a spacious gourmet kitchen with separate dining area, formal dining room, living room/parlor, family room, additional professional office suite, four fireplaces, five bedrooms, beautiful in-law suite, large playroom, three car heated garage with direct entry, and an extremely high level of custom craftsmanship in the interior fit and finish.

Last Agent to Sell the Property

Richard Higgerson

Higgerson & Company License #081.0004181 Listed on: 01/15/2015

Last Buyer's Agent

Marcus Ratliff

BHHS Verani Upper Valley License #059777

BHHS Verani Upper Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,384

Year Built

  • Built in 2005

Lot Details

  • 7.5 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Property is zoned RR

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Gravel Driveway

Home Design

  • Federal Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Shingle Roof

Interior Spaces

  • Property has 2.5 Levels
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Utility Room
  • Mountain Views

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Marion Cross Elementary School
  • Francis C Richmond Middle Sch
  • Hanover High School

Utilities

  • Central Air
  • Heat Exchanger
  • Baseboard Heating
  • Hot Water Heating System
  • Radiant Heating System
  • Underground Utilities
  • Power Generator
  • Private Water Source
  • Drilled Well
  • Leach Field
  • Internet Available
  • Multiple Phone Lines
  • Cable TV Available

Additional Features

  • Hard or Low Nap Flooring
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,384

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Directions: One mile from the town of Norwich north to Olcott Road on left. Left onto Olcott Road. First right onto private driveway. House on left.
  • Resort: No
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 2005
  • Display On Internet: Internet - Cable
  • Architectural Style: Federal, Reproduction
  • ResoLotFeatures: Country Setting, Pasture, Level, Mountain View, Sloping, Views, Rural
  • Road Frontage Type: Public
  • PropertySubType: Single Family Residence
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 6741.0
  • Reso Accessibility Features: 1st Floor 1/2 Bathroom, 1st Floor Hrd Surfce Flr
  • Reso Interior Features: Blinds, Cedar Closet(s), Fireplace - Wood, Fireplaces - 3+, In-Law Floorplan, Kitchen Island, Kitchen/Dining, Master BR w/ BA, Skylight, Walk-In Closet(s), Walk-in Pantry, Whirlpool Tub, Laundry - 2nd Floor
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Room_1_Type: Kitchen
  • Room_10_Type: Bedroom
  • Room_11_Type: Bedroom
  • Room_12_Type: Den
  • Room_14_Type: Other
  • Room_15_Type: Other
  • Room_2_Type: Dining Room
  • Room_4_Type: Family Room
  • Room_5_Type: Office/Study
  • Room_6_Type: Utility Room
  • Room_7_Type: Primary Bedroom
  • Room_8_Type: Bedroom
  • Room_9_Type: Bedroom
  • SqFt_Apx_Total_Finished: 6741
  • SqFt_Apx_Unfn_Below_Grade: 2672
  • Basement_Access_Type: Interior
  • Room_13_Type: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Cooktop, Dishwasher, Dryer, Exhaust Hood, Microwave, Oven - Double, Oven - Wall, Refrigerator, Trash Compactor, Washer, Water Heater - Off Boiler
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Basement: Climate Controlled, Concrete, Full, Stairs - Interior, Storage Space, Unfinished
  • Other Equipment: CO Detector, Security System, Smoke Detector, Smoke Detectr-Hard Wired
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2

Exterior Features

  • Driveway: Gravel, Right-Of-Way (ROW)
  • Exterior Features: Patio, Window Screens
  • Roof: Shingle - Wood
  • Construction Type: Wood Frame, Clapboard, Wood
  • Exclusions: Three glass kitchen light fixtures. Modem & Internet firewall. Rubbermaid garage organizing system.
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Auto Open, Direct Access, Finished, Heated Garage, Parking Spaces 3, Attached

Utilities

  • Electric: Circuit Breakers, Generator
  • Sewer: Leach Field, Private Sewer, Septic Tank
  • Heating: Oil, Air to Air Heat Exchanger, Baseboard, Hot Water, Zoned, Radiant
  • Cooling: Central Air, Zoned
  • Utilities: Cable, Multi Phone Lines, Underground Utilities
  • Water Source: Drilled Well, Private

Schools

  • Elementary School: Marion Cross Elementary School
  • High School: Hanover High School
  • Middle Or Junior School: Francis C Richmond Middle Sch

Lot Info

  • Surveyed: Yes
  • Zoning: RR
  • Lot Size Acres: 7.5
  • Lot Size Sq Ft: 326700.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 29383.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2003
Sold by
Cherrier Wendell L
Bought by
Douglas Gest Restoration Inc
Current Estimated Value
$2,200,584
Source: Public Records

Range of Values:

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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
Douglas Gest Restoration Inc $555,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2015 07/01/15 Sold $1,350,000 -24.2% $200 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $1,780,000 -- $264 / 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 $39,169 $1,431,100 $224,900 $1,206,200
2023 $28,565 $1,431,100 $224,900 $1,206,200
2022 $33,473 $1,431,100 $224,900 $1,206,200
2021 $33,760 $1,431,100 $224,900 $1,206,200
2020 $32,480 $1,431,100 $224,900 $1,206,200
2019 $33,249 $1,431,100 $224,900 $1,206,200
2018 $33,771 $1,431,100 $224,900 $1,206,200
2017 $33,086 $1,431,100 $224,900 $1,206,200
2016 $33,040 $1,431,100 $224,900 $1,206,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4399272

PrimeMLS

APN: 450-142-13013