NOT LISTED FOR SALE

2877 Spear St Charlotte, VT 05445

Estimated Value: $933,000 - $1,192,553

6 Beds
4 Baths
3,971 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $925,000 $233 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,003/month

31 Days on Market

Highlights

  • 13.46 Acre Lot
  • Countryside Views
  • Post and Beam
  • Charlotte Central School Rated A-
  • Secluded Lot
  • Wood Flooring

About This Home

As of January 2024

Spear Street property with RESIDENTIAL, OFFICE, OR MIXED USE POTENTIAL. Steeped in history, this classic farmhouse on 13.46 acres is known in Charlotte as The Hancock House. The main house is a 4+ bedroom brick farmhouse with an attached 2 bedroom apartment, both recently painted and updated. The property is on three lots, with potential for subdivision or construction of additional dwellings. The main house has many historic details such as fireplace and built in bookcase details; wood floors through most of the house. Large country kitchen. Apartment has an open floor plan: living room, dining, kitchen, and two bedrooms with lofts. Full basement in the apartment. Three bay garage. Residential and commercial use are both possible. Beautiful acres of open fields and meadows and pastoral views in the backyard. Space for gardens and animals. New septic in 2022. The property is right on Spear Street, a few minutes away from the Charlotte General Store and Philo Ridge Farm. Several stables are in the neighborhood. About a 20 minute drive to Burlington and Interstate-89. Smuggler’s Notch and Stowe skiing are about an hour away. Owner is a licensed real estate agent.

Last Agent to Sell the Property

Yana Walder

Lake Point Properties, LLC Listed on: 09/21/2023

Co-Listed By

Richard McClain

Lake Point Properties, LLC License #081.0134180

Last Buyer's Agent

Richard McClain

Lake Point Properties, LLC License #081.0134180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,312

Year Built

  • Built in 1840

Lot Details

  • 13.46 Acre Lot
  • Poultry Coop
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Garden
  • Historic Home
  • Property is zoned East Charlotte Village

Parking

  • 3 Car Attached Garage
  • Stone Driveway

Home Design

  • Post and Beam
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Screened Porch
  • Countryside Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Laundry in Basement

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Private Water Source
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Leach Field
  • Cable TV Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Grass Field

Listing and Financial Details

  • Exclusions: Trailer, Mower, Snow Plow, Salt and Sand Box will be removed prior to sale, and not included.

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,312

Year Built

Built in 1840

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Farmhouse, Historic Vintage, Multi-Family
  • Directions: Property is located approximately .10 miles south of the intersection of Hinesburg Road and the Spear Street General Store.
  • Suitable Use: Development Potential
  • Construction: Existing
  • Items Excluded: Trailer, Mower, Snow Plow, Salt and Sand Box will be removed prior to sale, and not included.
  • Total Stories: 2
  • Price Per Sq Ft: 232.94
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1840
  • Remarks Public: Spear Street property with RESIDENTIAL, OFFICE, OR MIXED USE POTENTIAL. Steeped in history, this classic farmhouse on 13.46 acres is known in Charlotte as The Hancock House. The main house is a 4+ bedroom brick farmhouse with an attached 2 bedroom apartment, both recently painted and updated. The property is on three lots, with potential for subdivision or construction of additional dwellings. The main house has many historic details such as fireplace and built in bookcase details; wood floors through most of the house. Large country kitchen. Apartment has an open floor plan: living room, dining, kitchen, and two bedrooms with lofts. Full basement in the apartment. Three bay garage. Residential and commercial use are both possible. Beautiful acres of open fields and meadows and pastoral views in the backyard. Space for gardens and animals. New septic in 2022. The property is right on Spear Street, a few minutes away from the Charlotte General Store and Philo Ridge Farm. Several stables are in the neighborhood. About a 20 minute drive to Burlington and Interstate-89. Smuggler’s Notch and Stowe skiing are about an hour away. Owner is a licensed real estate agent.
  • List Agent: 284186
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range - Gas, Refrigerator, Washer
  • Features Interior: Fireplaces - 1, In-Law/Accessory Dwelling, Kitchen Island, Natural Light, Laundry - Basement
  • Total Bedrooms: 6
  • Flooring: Combination, Carpet, Hardwood, Tile, Vinyl, Wood
  • Total Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Interior Access
  • Sq Ft - Apx Finished AG: 3971
  • Sq Ft - Apx Total: 6425
  • Sq Ft - Apx Total Finished: 3971
  • Sq Ft - Apx Unfinished BG: 2024
  • Sq Ft - Apx Unfinished AG: 430

Exterior Features

  • Construction: Masonry, Post and Beam, Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Brick, Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Garden Space, Porch - Screened, Poultry Coop

Garage/Parking

  • Garage Capacity: 3
  • Parking: Driveway, Garage, On-Site, Parking Spaces 6+
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: 1000 Gallon, Leach Field - Mound
  • Water: Drilled Well, Private
  • Water Heater: Gas - LP/Bottle, Off Boiler
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 586318
  • Lot Acres: 13.46
  • Lot Description: Country Setting, Field/Pasture, Level, Open, Secluded
  • Surveyed: Yes
  • Zoning: East Charlotte Village
  • Deed Book: 213
  • Deed Page: 674-675
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 11312
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Jan 3, 2024
Sold by
2877 Spear Street Associates Llc
Bought by
Heilenbach Family Revocable Trust
Seller's Agent
Yana Walder
Lake Point Properties, LLC
Buyer's Agent
Richard McClain
Lake Point Properties, LLC
List Price
$975,000
Sold Price
$925,000
Premium/Discount to List
-$50,000
-5.13%
Views
60
Current Estimated Value
$1,083,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,638
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Jun 30, 2014
Sold by
2877 Spear Street Associates Llc
Bought by
Halvorson Timothy S and Halvorson Kristin
Source: Public Records

Range of Values:

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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
Heilenbach Family Revocable Trust $925,000 --
Heilenbach Family Revocable Trust $925,000 --
Halvorson Timothy S $50,000 --
Halvorson Timothy S $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $925,000 -5.1% $233 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $975,000 -- $246 / 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 $13,318 $879,100 $360,800 $518,300
2023 $11,841 $879,100 $360,800 $518,300
2022 $11,312 $618,600 $274,400 $344,200
2021 $11,748 $618,600 $274,400 $344,200
2020 $11,768 $618,600 $274,400 $344,200
2019 $11,350 $618,600 $274,400 $344,200
2018 $11,176 $618,600 $274,400 $344,200
2017 $10,655 $618,600 $274,400 $344,200
2016 $10,777 $618,600 $274,400 $344,200
Source: Public Records

Agents Affiliated with this Home

  • Yana Walder

    Seller's Agent in 2024

    Yana Walder

    Lake Point Properties, LLC

    (802) 777-0282

    1 in this area

    9 Total Sales

    Yana Walder
    Section Image
  • Richard McClain

    Seller Co-Listing Agent in 2024

    Richard McClain

    Lake Point Properties, LLC

    (802) 557-4252

    2 in this area

    11 Total Sales

    Richard McClain
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4970992

PrimeMLS

APN: (043) 00002-2877

Vermont Chittenden County Charlotte 05445

2877 Spear St, Charlotte, VT

This home is located at 2877 Spear St, Charlotte, VT 05445 since 21 September 2023 and is currently estimated at $1,083,638, approximately $272 per square foot. This property was built in 1840. 2877 Spear St is a home located in Chittenden County with nearby schools including Charlotte Central School and Champlain Valley Union High School.

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