NOT LISTED FOR SALE

282 Browns Trace Rd Jericho, VT 05465

Estimated Value: $572,493 - $710,000

4 Beds
3 Baths
2,590 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $315,000 $122 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,000/month

73 Days on Market

Highlights

  • Farmhouse Style Home
  • Hiking Trails
  • Views
  • Jericho Elementary School Rated A-
  • 2 Car Attached Garage
  • Parking Storage or Cabinetry

About This Home

As of February 2019

Great investment opportunity! Let your investment aggressively work for you. Live in half and tenants pay your mortgage, or the second pays your mortgage and insurance, it worked for me. Awesome location, half mile from MMUHS and the Famous Jericho country Store! Surrounded by 130 acres of town owned land with talk of a picnic/ swimming hole down the hill on the Brown's river. Next to the UJFD and the "Big Red Barn, making for quiet non existent neighbors. The septic, well and boiler were all new approx 2011/12. New since 2012 Cellar, garage , foundation and attic are foam insulated , Cellulose blown into walls and attic for max efficiency. Garage foam jacked to level settling, Ran through entire structure , updated electrical (3 Panels) generator wired, new oil tank, all plumbing pipes addressed, new Sheetrock in most, new carpets, lanolium flooring in kitchen, washers and dryer. (2 of each) Refrigerators, (2 LG and an LG fridge) Added full bath up and a second 3/4 down. 650 sq ft custom deck with hot tub pad, fenced for a dog with gate for mower. Added crushed stone additional parking for a total of 8 cars, all new 36" metal exterior doors.. Added pole barn off back for even more storage Big garage with huge dry storage above, a real draw for renters. Obviously invested heavily to insure this duplex runs itself and is currently renting below market at $2,700.00 a month income! Could be more, but these tenants are great! Sold as is. Seller is a licensed realtor.

Last Agent to Sell the Property

Jack O'Connor

KW Vermont License #082.0104871 Listed on: 10/27/2018

KW Vermont

Last Buyer's Agent

Taylor White

KW Vermont - Cambridge

KW Vermont - Cambridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1880

Lot Details

  • 1.1 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Stone Driveway

Home Design

  • Duplex
  • Farmhouse Style Home
  • Wood Frame Construction
  • Cellulose Insulation
  • Foam Insulation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,590 Sq Ft Home
  • 1.5-Story Property
  • Property Views

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Walk-Up Access
  • Connecting Stairway
  • Sump Pump
  • Basement Storage

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 100 Amp Service
  • Private Water Source
  • Well
  • Drilled Well
  • Water Heater
  • Water Purifier
  • Septic Tank
  • Septic Design Available
  • Private Sewer
  • High Speed Internet
  • Multiple Phone Lines
  • Phone Available
  • Cable TV Available

Community Details

Recreation

  • Hiking Trails
  • Trails

Additional Features

  • 2 Units
  • Gross Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,099

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Farmhouse
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 121.62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2890
  • Sq Ft - Apx Total Finished: 2590
  • Property Type: Multi-Family
  • Year Built: 1880
  • Remarks Public: Great investment opportunity! Let your investment aggressively work for you. Live in half and tenants pay your mortgage, or the second pays your mortgage and insurance, it worked for me. Awesome location, half mile from MMUHS and the Famous Jericho country Store! Surrounded by 130 acres of town owned land with talk of a picnic/ swimming hole down the hill on the Brown's river. Next to the UJFD and the "Big Red Barn, making for quiet non existent neighbors. The septic, well and boiler were all new approx 2011/12. New since 2012 Cellar, garage , foundation and attic are foam insulated , Cellulose blown into walls and attic for max efficiency. Garage foam jacked to level settling, Ran through entire structure , updated electrical (3 Panels) generator wired, new oil tank, all plumbing pipes addressed, new Sheetrock in most, new carpets, lanolium flooring in kitchen, washers and dryer. (2 of each) Refrigerators, (2 LG and an LG fridge) Added full bath up and a second 3/4 down. 650 sq ft custom deck with hot tub pad, fenced for a dog with gate for mower. Added crushed stone additional parking for a total of 8 cars, all new 36" metal exterior doors.. Added pole barn off back for even more storage Big garage with huge dry storage above, a real draw for renters. Obviously invested heavily to insure this duplex runs itself and is currently renting below market at $2,700.00 a month income! Could be more, but these tenants are great! Sold as is. Seller is a licensed realtor.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Partial, Stairs - Exterior, Stairs - Interior, Storage - Assigned, Storage Space, Sump Pump, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 2590
  • Sq Ft - Apx Unfinished BG: 300

Exterior Features

  • Construction: Insulation-Cellulose, Insulation-Foam, Timber Frame
  • Driveway: Crushed Stone, Paved
  • Exterior: Aluminum, Vinyl
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 6+
  • Garage: Yes
  • Garage Description: Storage Above
  • Garage Type: Attached

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp
  • Fuel Company: John Leo
  • Sewer: 1500+ Gallon, Alternative System, Private, Septic, Septic Design Available
  • Water: Drilled Well, On-Site Well Exists, Private, Purifier/Soft
  • Water Heater: Off Boiler, On Demand, Tank
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: VEC
  • Phone Company: Comcast
  • Total Electric Meters: 3
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Cans, Curbside, Owner
  • Utilities: Cable, Cable - At Site, Cable - Available, High Speed Intrnt -Atsite, Internet - Cable, Multi Phone Lines, Telephone At Site, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 47916
  • Lot Acres: 1.1
  • Lot Description: Major Road Frontage, Sidewalks, Trail/Near Trail, View, Walking Trails
  • Surveyed: Unknown
  • Zoning: res
  • Deed Book: 247
  • Deed Page: 59
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 2700
  • Total Full Baths: 3
  • Total Units: 2
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5099.02
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Feb 19, 2019
Sold by
Oconnor John M
Bought by
Burke Noah and Sanders Olivia
Seller's Agent
Jack O'Connor
KW Vermont
Buyer's Agent
Taylor White
KW Vermont - Cambridge
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Current Estimated Value
$631,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,123
Avg. Annual Appreciation
11.07%

Purchase Details

Listed on
Jan 31, 2011
Closed on
Jun 27, 2012
Sold by
Ruth T Labrie Trust
Bought by
Oconnor John M
Seller's Agent
Linda St. Amour
RE/MAX North Professionals
Buyer's Agent
Lea Van Winkle
Four Seasons Sotheby's Int'l Realty
List Price
$269,900
Sold Price
$200,000
Premium/Discount to List
-$69,900
-25.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Aug 12, 2005
Sold by
Labrie Ruth T
Bought by
Labrie Ruth T Revocable Trust and Labrie
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
Burke Noah -- --
Oconnor John M $200,000 --
Labrie Ruth T Revocable Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $315,000 -3.1% $122 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
12/10/2018 12/10/18 Price Changed $325,000 -3.0% $125 / Sq Ft
10/27/2018 10/27/18 For Sale $335,000 +67.5% $129 / Sq Ft
06/27/2012 06/27/12 Sold $200,000 -25.9% $77 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
01/31/2011 01/31/11 For Sale $269,900 -- $104 / 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 $7,849 $321,300 $111,000 $210,300
2023 $7,168 $321,300 $111,000 $210,300
2022 $6,496 $321,300 $111,000 $210,300
2021 $6,809 $321,300 $111,000 $210,300
2020 $6,564 $321,300 $111,000 $210,300
2019 $6,209 $321,300 $111,000 $210,300
2018 $5,099 $257,800 $111,000 $146,800
2017 $5,113 $257,800 $111,000 $146,800
2016 $4,580 $257,800 $111,000 $146,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4725573

PrimeMLS

APN: (103) BT282