NOT LISTED FOR SALE

24 Penny Ln Norwich, VT 05055

Estimated Value: $941,000 - $1,069,000

3 Beds
4 Baths
2,197 Sq Ft
$470/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $970,000 $442 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,551/month

4 Days on Market

Highlights

  • 3.76 Acre Lot
  • Countryside Views
  • Contemporary Architecture
  • Marion W. Cross School Rated A
  • Deck
  • Secluded Lot

About This Home

As of August 2023

Rare opportunity to own a coveted Alan Gelbin (Frank Lloyd Wright apprentice) designed Usonion-style home in a premier Norwich neighborhood. This property has been featured by the Norwich Historical Society and has only had two owners. A 3 bedroom, 4 bathroom home with a tranquil and natural setting - creating a private, quiet location yet close to everything. Features include a kitchen upgrade to enhance the original vision of the architecture, multiple outdoor areas to entertain and relax, hardwood floors throughout, tiled bathrooms, large stone fireplace, plenty of closets and storage, rinnai heaters, new roof (2023), mostly new windows, oversized garage, and a woodworking shop professionally built with separate 100 amp electric. Abundant windows not only bring nature inside, but sunrise fills this home with breathtaking morning color and bright light all day. Come enjoy harmony and peace in this magical home! Showings by appointment Saturday 6/10, Sunday 6/11 and Monday 6/12.

Last Agent to Sell the Property

Amy Redpath

Coldwell Banker LIFESTYLES - Hanover Brokerage Phone: 603-643-6406 License #082.0007475 Listed on: 06/08/2023

Coldwell Banker LIFESTYLES - Hanover

Last Buyer's Agent

Evan Pierce

Four Seasons Sotheby's Int'l Realty License #068034

Four Seasons Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,598

Year Built

  • Built in 1976

Lot Details

  • 3.76 Acre Lot
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Garden
  • Property is zoned RR

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Open Floorplan
  • Dining Area
  • Storage
  • Countryside Views
  • Home Security System

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Laundry in Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Outbuilding
  • Porch

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Propane
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 165

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,598

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Contemporary
  • Directions: Main Street in Norwich, right on Willey Hill, right on Hawk Pine, left on Penny Lane. House is at the dead end.
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 441.51
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1976
  • Remarks Public: Rare opportunity to own a coveted Alan Gelbin (Frank Lloyd Wright apprentice) designed Usonion-style home in a premier Norwich neighborhood. This property has been featured by the Norwich Historical Society and has only had two owners. A 3 bedroom, 4 bathroom home with a tranquil and natural setting - creating a private, quiet location yet close to everything. Features include a kitchen upgrade to enhance the original vision of the architecture, multiple outdoor areas to entertain and relax, hardwood floors throughout, tiled bathrooms, large stone fireplace, plenty of closets and storage, rinnai heaters, new roof (2023), mostly new windows, oversized garage, and a woodworking shop professionally built with separate 100 amp electric. Abundant windows not only bring nature inside, but sunrise fills this home with breathtaking morning color and bright light all day. Come enjoy harmony and peace in this magical home! Showings by appointment Saturday 6/10, Sunday 6/11 and Monday 6/12.
  • List Agent: 8071
  • 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: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Microwave, Refrigerator, Washer, Range - Dual Fuel
  • Equipment: Security System
  • Features Interior: Cathedral Ceiling, Ceiling Fan, Dining Area, Fireplace - Wood, Fireplaces - 2, Kitchen Island, Kitchen/Dining, Living/Dining, Primary BR w/ BA, Natural Light, Natural Woodwork, Storage - Indoor, Laundry - Basement
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Total Bathrooms: 4
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Daylight, Full, Stairs - Interior, Storage Space, Walkout, Exterior Access
  • Level 1: Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bedroom, Level 1: Office/Study
  • Basement Level Rooms: Level B: Bedroom, Level B: Family Room, Level B: Laundry Room, Level B: Utility Room, Level B: Wine Cellar
  • Room 1: Kitchen, 11'5 x 14'11, On Level: 1
  • Room 2: Dining Room, 11'9 x 18'6, On Level: 1
  • Room 3: Living Room, 21'3 x 25, On Level: 1
  • Room 4: Office/Study, 12 x 15, On Level: 1
  • Room 5: 1, 15'5 x 16'3
  • Room 6: Family Room, 14'5 x 22'2, On Level: Basement
  • Room 7: Bedroom, 11'5 x 14, On Level: Basement
  • Room 8: Bedroom, 11 x 11'8, On Level: Basement
  • Room 9: Wine Cellar, 10 x 12, On Level: Basement
  • Room 10: Basement, 14 x 19'5
  • Room 11: Laundry Room, 8 x 14'8, On Level: Basement
  • Sq Ft - Apx Finished AG: 2197
  • Sq Ft - Apx Finished BG: 1272
  • Sq Ft - Apx Total: 3469
  • Sq Ft - Apx Total Finished: 3469

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Gravel, Private, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Garden Space, Natural Shade, Outbuilding, Patio, Porch, Storage

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Direct Entry, Storage Above

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water: Private
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Direct Vent, Electric, Gas Heater - Vented
  • Utilities: Gas - Lp/Bottle, Internet - Fiber Optic

Fee Information

  • Tax Class: TBD

Schools

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

Lot Info

  • Map: 11
  • Lot: 165
  • Lot Sq Ft: 163786
  • Lot Acres: 3.76
  • Lot Description: Country Setting, Landscaped, Level, Open, Secluded, Sloping, Wooded
  • Surveyed: Unknown
  • Zoning: RR
  • Deed Book: 210
  • Deed Page: 746
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 12597.5
  • Tax Year: 2023

MLS Schools

  • School District: Dresden
  • School Middle Jr: Francis C Richmond Middle Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Aug 2, 2023
Sold by
O'Brien Jeffrey F and O'Brien Michelle
Bought by
Campbell Heather E and Gerecht Ryan B
Seller's Agent
Amy Redpath
Coldwell Banker LIFESTYLES - Hanover
Buyer's Agent
Evan Pierce
Four Seasons Sotheby's Int'l Realty
List Price
$949,000
Sold Price
$970,000
Premium/Discount to List
$21,000
2.21%
Views
7
Current Estimated Value
$1,031,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,804
Avg. Annual Appreciation
2.82%

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 25, 2013
Sold by
Grace Emmett Dee Seaton Estate and Seaton Exec
Bought by
Obrien Jeffrey F and Obrien Michelle
Seller's Agent
Edythe Scheier
Four Seasons Sotheby's Int'l Realty
Buyer's Agent
Judith Cashman
Four Seasons Sotheby's Int'l Realty
List Price
$519,900
Sold Price
$505,000
Premium/Discount to List
-$14,900
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Mar 25, 2012
Sold by
Seaton Michael D and Seaton Timothy B
Bought by
Obrien Jeffrey F and Obrien Michelle

Purchase Details

Closed on
Jan 30, 2002
Sold by
Seaton Edward B
Bought by
Seaton Max Y

Purchase Details

Closed on
Apr 5, 2001
Sold by
Seaton Grace D
Bought by
Seaton Edward B
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
Campbell Heather E $970,000 --
Campbell Heather E $970,000 --
Obrien Jeffrey F $262,600 --
Obrien Jeffrey F $262,600 --
Obrien Jeffrey F $242,400 --
Obrien Jeffrey F $242,400 --
Seaton Max Y -- --
Seaton Edward B -- --
Seaton Max Y -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2023 08/02/23 Sold $970,000 +2.2% $442 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $949,000 +87.9% $432 / Sq Ft
03/25/2013 03/25/13 Sold $505,000 -2.9% $230 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $519,900 -- $237 / 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 $13,685 $500,000 $140,800 $359,200
2023 $9,980 $500,000 $140,800 $359,200
2022 $12,598 $500,000 $140,800 $359,200
2021 $12,179 $500,000 $140,800 $359,200
2020 $11,704 $496,100 $140,800 $355,300
2019 $11,526 $496,100 $140,800 $355,300
2018 $11,707 $496,100 $140,800 $355,300
2016 $11,453 $496,100 $140,800 $355,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4956219

PrimeMLS

APN: 450-142-12527