NOT LISTED FOR SALE

237 Us Route 5 N Fairlee, VT 05045

Estimated Value: $419,000 - $488,000

8 Beds
5 Baths
2,566 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $385,000 $150 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,048/month

11 Days on Market

Highlights

  • 0.98 Acre Lot
  • 1 Car Detached Garage
  • High Speed Internet
  • Cape Cod Architecture
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2023

A unique property on Main Street in Fairlee. The main house is a 2600 square foot, one and a half story home with five bedrooms, a well cared for home that could use some cosmetic updating but with many possibilities as a primary home or maybe mixed use. The second building is a 2600 square foot home consisting of three single bedroom apartments with very stable tenant history. There also is a 720 square foot barn/garage that is great for storage but also could possibly be another rental unit. All right on Main Street with town water and fiber internet available. So many possibilities! Almost an acre with access from US Route 5 or School Street.

Last Agent to Sell the Property

Chuck Clifford

Four Seasons Sotheby's Int'l Realty License #082.0056891 Listed on: 08/08/2023

Last Buyer's Agent

Holly Hall

Hall Collins Real Estate Group License #082.0112800

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,937

Year Built

  • Built in 1910

Lot Details

  • 0.98 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 1.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Samuel Morey Elementary School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 42

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,937

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Directions: Right on Main Street in Fairlee, just north of the library
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 150.04
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3130
  • Sq Ft - Apx Total Finished: 2566
  • Year Built: 1910
  • Remarks Public: A unique property on Main Street in Fairlee. The main house is a 2600 square foot, one and a half story home with five bedrooms, a well cared for home that could use some cosmetic updating but with many possibilities as a primary home or maybe mixed use. The second building is a 2600 square foot home consisting of three single bedroom apartments with very stable tenant history. There also is a 720 square foot barn/garage that is great for storage but also could possibly be another rental unit. All right on Main Street with town water and fiber internet available. So many possibilities! Almost an acre with access from US Route 5 or School Street.
  • List Agent: 8339
  • 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: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 2566
  • Sq Ft - Apx Unfinished BG: 564

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Standing Seam

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Private
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Utilities: Fiber Optic Internt Avail, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Rivendell Interstate Sch Dist
  • Elementary School: Samuel Morey Elementary
  • Elementary School: Samuel Morey Elementary

Lot Info

  • Map: 24
  • Lot: 42
  • Lot Sq Ft: 42689
  • Lot Acres: 0.98
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: fairlee
  • Deed Book: 39
  • Deed Page: 282
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 5
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 6937
  • Tax Year: 2022

MLS Schools

  • School District: Rivendell Interstate Sch Dist

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 12, 2023
Sold by
Rogers Peter
Bought by
Ekroi Llc
Seller's Agent
Chuck Clifford
Four Seasons Sotheby's Int'l Realty
Buyer's Agent
Holly Hall
Hall Collins Real Estate Group
List Price
$449,000
Sold Price
$385,000
Premium/Discount to List
-$64,000
-14.25%
Views
24
Current Estimated Value
$442,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,090
Avg. Annual Appreciation
8.85%
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
Ekroi Llc $385,000 --
Ekroi Llc $385,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $385,000 -14.3% $150 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $449,000 -- $175 / 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 -- $468,700 $71,000 $397,700
2023 $7,273 $466,800 $71,000 $395,800
2022 $6,937 $277,200 $51,700 $225,500
2021 $7,234 $277,200 $51,700 $225,500
2020 $7,125 $277,200 $51,700 $225,500
2019 $6,529 $277,200 $51,700 $225,500
2018 $6,049 $277,200 $51,700 $225,500
2017 $6,065 $277,200 $51,700 $225,500
2016 $6,249 $277,200 $51,700 $225,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4964686

PrimeMLS

APN: 219-071-10575