NOT LISTED FOR SALE

1631 Saw Mill Hill Rd Wells, VT 05774

Estimated Value: $107,680

49.7 Acres
$2,167 Price per Acre
2,164,932 Sq Ft Lot

Last Sold January 17, 2020

Last sale price $64,900

Est. 66% increase in value since last sale

Current estimated payment $682/month

215 Days on Market

Highlights

  • Water Access
  • Mountain View
  • Stream or River on Lot
  • 49.7 Acre Lot
  • Secluded Lot
  • Wooded Lot

About This Lot

As of January 2020

A spectacular opportunity to capitalize on completed subdivision work, featuring 3 separate lots for a total of 49.7+/- acres in Wells, VT! All three lots benefit from good trail access and power poles are on-site, running near the road frontage. The road frontage lot has a state approved wastewater design for a private septic supporting a 4-bedroom single family residence. The tastefully cleared homesite has beautiful easterly ridgeline views and would be perfect for a walk-out basement. The middle lot is home to the height of the property and the same 4-bedroom permit; furthermore, the panoramic long-range mountain views are simply stunning and will only get better with some clearing. Both proposed home sites are approved for drilled well installations. Continue down the trail to the western acreage and find yourself in the quaint hardwood valley of the Snow Brook (450+ ft frontage per aerial map), where signs of wildlife are abundant. Build a private family estate with multiple homes or perch a single home on one of the home sites and enjoy complete privacy. Moving westerly, the surveyed lot sizes are parcel one: 13.38 acres, parcel two: 25.03 acres, and parcel three: 11.29 acres. Enjoy an excellent proximity to Lake St. Catherine and Lake Bomoseen is VT and under an hour to Lake George in NY. The US-7 corridor is only about 20 miles away and I-87 in Glens Falls, NY can be reached is less than an hour.

Last Agent to Sell the Property

Curtis Trousdale

Preferred Properties Brokerage Phone: 802-862-9106 License #081.0004552 Listed on: 05/10/2019

Last Buyer's Agent

Curtis Trousdale

Preferred Properties Brokerage Phone: 802-862-9106 License #081.0004552 Listed on: 05/10/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,445

Lot Details

  • 49.7 Acre Lot
  • Secluded Lot
  • Lot Sloped Up
  • Wooded Lot
  • 3 Lots in the community

Property Views

  • Mountain Views
  • Countryside Views

Schools

  • Wells Village Elementary School
  • Choice Middle School
  • Choice High School

Utilities

  • Private Water Source
  • Well Required
  • Soils Analysis Septic
  • Septic Needed
  • Septic Design Available
  • Private Sewer
  • Cable TV Available

Community Details

  • Recreational Area
  • Hiking Trails
  • Trails
  • Water Access
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,445

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Wells Center follow VT-30 N, take a slight right onto East Wells Rd, then slight left onto Saw Mill Hill Rd, property will be on the left, see real estate sign. Town issued 1631 Saw Mill Hill Rd, this will likely navigate to the southern road frontage point. Continue north for access.
  • Flood Zone: Unknown
  • Suitable Use: Mixed Use, Recreation, Residential, Woodland
  • Plan Survey Number: Multiple
  • Price Per Sq Ft: 1305.84
  • Property Class: Land
  • Permit Number: WW-1-1746
  • Permit Status: State - Issued
  • Pole Number: 22
  • Remarks Public: A spectacular opportunity to capitalize on completed subdivision work, featuring 3 separate lots for a total of 49.7+/- acres in Wells, VT! All three lots benefit from good trail access and power poles are on-site, running near the road frontage. The road frontage lot has a state approved wastewater design for a private septic supporting a 4-bedroom single family residence. The tastefully cleared homesite has beautiful easterly ridgeline views and would be perfect for a walk-out basement. The middle lot is home to the height of the property and the same 4-bedroom permit; furthermore, the panoramic long-range mountain views are simply stunning and will only get better with some clearing. Both proposed home sites are approved for drilled well installations. Continue down the trail to the western acreage and find yourself in the quaint hardwood valley of the Snow Brook (450+ ft frontage per aerial map), where signs of wildlife are abundant. Build a private family estate with multiple homes or perch a single home on one of the home sites and enjoy complete privacy. Moving westerly, the surveyed lot sizes are parcel one: 13.38 acres, parcel two: 25.03 acres, and parcel three: 11.29 acres. Enjoy an excellent proximity to Lake St. Catherine and Lake Bomoseen is VT and under an hour to Lake George in NY. The US-7 corridor is only about 20 miles away and I-87 in Glens Falls, NY can be reached is less than an hour.
  • List Agent: 26047
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Gravel, Public
  • Water Body Type: Stream
  • Water Restrictions: Unknown
  • Water Access Details: Other
  • Water Body Name 2: Snow Brook
  • Water Body Access 2: Yes

Utilities

  • Cable Company: Comcast
  • Electric: On-Site
  • Fuel Company: Choice
  • Sewer: On-Site Septic Needed, Private, Septic Design Available, Soil Test Available
  • Water: On-Site Well Needed, Private
  • Electric Company: Green Mountain Power
  • Phone Company: Comcast
  • Utilities: Cable - Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Wells Village School
  • Middle School: Choice
  • High School: Choice
  • Elementary School: Wells Village School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 2164932
  • Lot Acres: 49.7
  • Lot Description: Country Setting, Major Road Frontage, Mountain View, Recreational, Secluded, Stream, Trail/Near Trail, View, Walking Trails, Wooded
  • Surveyed: Yes
  • Surveyed By: Robert Tinker
  • Zoning: No Zoning
  • Total Lots: 3
  • Deed Book: 79
  • Deed Page: 129
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 1444.96
  • Tax Year: 2018

MLS Schools

  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jan 17, 2020
Sold by
Smith Paul M and Smith Suzanne E
Bought by
Kinne Gregory
Seller's Agent
Curtis Trousdale
Preferred Properties
Buyer's Agent
Curtis Trousdale
Preferred Properties
List Price
$80,000
Sold Price
$64,900
Premium/Discount to List
-$15,100
-18.88%
Current Estimated Value
$107,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,780
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Venzia Ralph P
Bought by
Smith Paul M and Biglin Suzanne

Purchase Details

Closed on
Dec 27, 2004
Sold by
Venezia Ralph P
Bought by
Haller William J and Haller Heidi P

Purchase Details

Closed on
Dec 17, 2004
Sold by
Venezia Ralph P
Bought by
Ferenc Damon P
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
Kinne Gregory $64,900 --
Kinne Gregory $64,900 --
Smith Paul M $99,500 --
Haller William J $47,000 --
Ferenc Damon P $43,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $64,900 -18.9% --
12/11/2019 12/11/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $80,000 -- --
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 -- $135,600 $82,700 $52,900
2023 -- $116,500 $82,700 $33,800
2022 $1,612 $74,900 $74,900 $0
2021 $1,648 $74,900 $74,900 $0
2020 $1,603 $74,900 $74,900 $0
2019 $1,508 $74,900 $74,900 $0
2018 $1,445 $74,900 $74,900 $0
2017 $1,428 $74,900 $74,900 $0
2016 $1,412 $74,900 $74,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4751337

PrimeMLS

APN: 708-225-10974