NOT LISTED FOR SALE

191 E Main St Richmond, VT 05477

Estimated Value: $626,000 - $800,000

7 Beds
7 Baths
3,070 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $472,500 $154 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,813/month

27 Days on Market

Highlights

  • Marble Flooring
  • Main Floor Bedroom
  • Whirlpool Bathtub
  • Richmond Elementary School Rated A-
  • Victorian Architecture
  • Attic

About This Home

As of July 2020

Unique and teeming with charm, the historic Richmond Victorian Inn presents a rare opportunity to own a piece of quintessential Vermont. Located in the quaint Richmond Village, which is well-loved by locals and visitors alike, this fully operational inn is a stone’s throw from excellent dining options, a bakery/cafe, market, library, and more. Original character has been preserved and pride of ownership is evident throughout this meticulously maintained property. A bright and expansive living/dining space at the front of the home provides a welcoming common area, and a spacious kitchen, large laundry/storage room, and office area keep the home running smoothly. A first floor Owner’s Suite includes a bedroom, full bath with whirlpool tub, and a private living area with custom built-ins. The upstairs is made up of 6 distinct guest rooms, each with its own ¾ bath. Outside, a picturesque porch overlooks the landscaped front yard, and behind the home has ample parking, two garages, and a lovely wooded lot. This location offers convenient access to outdoor recreation in the natural beauty of the Green Mountains, including downhill and nordic skiing, hiking, mountain biking, swimming, boating, fishing, and more. Lake Champlain and the vibrant city of Burlington are a quick and easy trip. Continue to operate as a B&B, or convert to a single family home, duplex, or distinct office or commercial space - the choice is yours! Come see the endless potential for yourself.

Last Agent to Sell the Property

Jessica Bridge

Element Real Estate License #081.0109606 Listed on: 02/07/2020

Last Buyer's Agent

Richard McClain

Lake Point Properties, LLC License #081.0134180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,680

Year Built

  • Built in 1854

Lot Details

  • 0.71 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Lot Sloped Up
  • Property is zoned Residential/Commercial

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Stone Driveway

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Woodwork
  • Blinds
  • Drapes & Rods
  • Stained Glass
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump

Accessible Home Design

  • Hard or Low Nap Flooring
  • Ramped or Level from Garage

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding

Schools

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

Utilities

  • Window Unit Cooling System
  • Dehumidifier
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,680

Year Built

Built in 1854

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Victorian
  • Directions: From Interstate 89 take Exit 11 (Richmond). Head South on Route 2 approx 1.6 miles. Inn is located just south of main intersection in Richmond. Left side of street, up on hill.
  • Suitable Use: Bed and Breakfast, Commercial, Residential
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 153.91
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1854
  • Remarks Public: Unique and teeming with charm, the historic Richmond Victorian Inn presents a rare opportunity to own a piece of quintessential Vermont. Located in the quaint Richmond Village, which is well-loved by locals and visitors alike, this fully operational inn is a stone’s throw from excellent dining options, a bakery/cafe, market, library, and more. Original character has been preserved and pride of ownership is evident throughout this meticulously maintained property. A bright and expansive living/dining space at the front of the home provides a welcoming common area, and a spacious kitchen, large laundry/storage room, and office area keep the home running smoothly. A first floor Owner’s Suite includes a bedroom, full bath with whirlpool tub, and a private living area with custom built-ins. The upstairs is made up of 6 distinct guest rooms, each with its own ¾ bath. Outside, a picturesque porch overlooks the landscaped front yard, and behind the home has ample parking, two garages, and a lovely wooded lot. This location offers convenient access to outdoor recreation in the natural beauty of the Green Mountains, including downhill and nordic skiing, hiking, mountain biking, swimming, boating, fishing, and more. Lake Champlain and the vibrant city of Burlington are a quick and easy trip. Continue to operate as a B&B, or convert to a single family home, duplex, or distinct office or commercial space - the choice is yours! Come see the endless potential for yourself.
  • List Agent: 23550
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range - Electric, Refrigerator, Washer
  • Equipment: Window AC, Dehumidifier, Smoke Detector
  • Features Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, No Stairs from Parking, 1st Floor Laundry
  • Features Interior: Attic, Blinds, Dining Area, Draperies, Furnished, Lead/Stain Glass, Living/Dining, Primary BR w/ BA, Natural Light, Natural Woodwork, Whirlpool Tub, Window Treatment, Laundry - 1st Floor
  • Total Bedrooms: 7
  • Flooring: Marble, Tile, Wood
  • Total Bathrooms: 7
  • Three Quarter Bathrooms: 6
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Full, Stairs - Exterior, Stairs - Interior, Sump Pump
  • Level 1: Level 1: Bath - Full, Level 1: Den, Level 1: Foyer, Level 1: Kitchen, Level 1: Laundry Room, Level 1: Living/Dining, Level 1: Primary Bedroom
  • Level 2: Level 2: Bedroom, Level 2: Bath - 3/4
  • Room 1: Foyer, On Level: 1
  • Room 2: Living/Dining, On Level: 1
  • Room 3: Kitchen, On Level: 1
  • Room 4: Laundry Room, On Level: 1
  • Room 5: 1
  • Room 6: Primary Bedroom, On Level: 1
  • Room 7: Bath - Full, On Level: 1
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bath - 3/4, On Level: 2
  • Room 10: 2
  • Room 11: Bath - 3/4, On Level: 2
  • Room 12: Bedroom, On Level: 2
  • Room 13: Bath - 3/4, On Level: 2
  • Room 14: Bedroom, On Level: 2
  • Room 15: Bath - 3/4, On Level: 2
  • Room 16: Bedroom, On Level: 2
  • Room 17: Bath - 3/4, On Level: 2
  • Room 18: Bedroom, On Level: 2
  • Room 19: Bedroom, On Level: 2
  • Sq Ft - Apx Finished AG: 3070
  • Sq Ft - Apx Total: 4667
  • Sq Ft - Apx Total Finished: 3070
  • Sq Ft - Apx Unfinished BG: 1597

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Paved
  • Exterior: Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Fence - Partial, Outbuilding, Porch - Covered, Storage

Garage/Parking

  • Garage Capacity: 3
  • Parking: Garage, On-Site
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Storage Above

Utilities

  • Cable Company: Xfinity
  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: Green Mountain Power
  • Phone Company: Xfinity
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: TBD

Schools

  • School District: Richmond School District
  • Elementary School: Richmond Elementary School
  • Middle School: Camels Hump Middle USD 17
  • High School: Mt. Mansfield USD #17
  • Elementary School: Richmond Elementary School
  • High School: Mt. Mansfield USD #17

Lot Info

  • Lot Sq Ft: 30928
  • Lot Acres: 0.71
  • Lot Description: Landscaped, Neighbor Business, Trail/Near Trail
  • Surveyed: Unknown
  • Zoning: Residential/Commercial
  • Deed Book: 241
  • Deed Page: 247-249
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 9679.88
  • Tax Year: 2019

MLS Schools

  • School District: Richmond School District
  • School Middle Jr: Camels Hump Middle USD 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jul 13, 2020
Sold by
Landry Kathleen E and Landry Robert N
Seller's Agent
Jessica Bridge
Element Real Estate
Buyer's Agent
Richard McClain
Lake Point Properties, LLC
List Price
$489,000
Sold Price
$472,500
Premium/Discount to List
-$16,500
-3.37%
Current Estimated Value
$727,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,153
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Stewart Francis and Stewart Joyce A
Bought by
Landry Kathleen E and Landry Robert N

Purchase Details

Closed on
Feb 28, 2002
Sold by
Clark Gail M
Bought by
Stewart Francis and Stewart Joyce A
Source: Public Records

Range of Values:

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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
-- $471,500 --
Landry Kathleen E -- --
Stewart Francis $355,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $472,500 -3.4% $154 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $489,000 -- $159 / 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 $10,272 $580,700 $190,800 $389,900
2023 $10,272 $580,700 $190,800 $389,900
2022 $10,272 $411,700 $87,500 $324,200
2021 $10,831 $411,700 $87,500 $324,200
2020 $10,114 $411,700 $87,500 $324,200
2019 $9,680 $411,700 $87,500 $324,200
2018 $9,569 $411,700 $87,500 $324,200
2017 $9,252 $411,700 $87,500 $324,200
2016 $9,147 $411,700 $87,500 $324,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4793206

PrimeMLS

APN: (163) EM0191