NOT LISTED FOR SALE

290 Ray Hill Rd Wilmington, VT 05363

Estimated Value: $165,000 - $326,000

10.1 Acres
$22,127 Price per Acre
439,956 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $199,000

Est. 12% increase in value since last sale

Current estimated payment $1,287/month

2 Days on Market

About This Lot

As of July 2024

Unique 10.1 acres of open land on Ray Hill Road is hard to come by. The existing infrastructure, such as the 2000 gallon concrete tank & leach field for a 9 bedroom house, drilled well, and utility (gas and electric) lines, could make it an attractive opportunity for development. There is a wastewater permit (WW-2-1072). With the house slated for demolition by the middle to end of May, there's a clean slate for someone to create something truly special. Whether it's building a dream home, a vacation retreat, or exploring other possibilities, this property offers a rare canvas for creativity and enjoyment. There is a detached storage shed on the property. Terrific restaurants and shopping await just down the hill in the village and being close to recreational amenities like the Hermitage Club, Mount Snow Ski Area, Haystack and Mount Snow Golf courses and Lake Whitingham (for boating and swimming) adds to its appeal.

Last Agent to Sell the Property

Jennifer Hovey-Densmore

Deerfield Valley Real Estate License #082.0003678 Listed on: 05/02/2024

Co-Listed By

Philip Waller

Deerfield Valley Real Estate License #082.0007846

Last Buyer's Agent

Monique White

Deerfield Valley Real Estate License #081.0004523

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,331

Lot Details

  • 10.1 Acre Lot
  • Open Lot
  • Lot Sloped Up

Schools

  • Deerfield Valley Elem. Sch Elementary School
  • Twin Valley Middle School
  • Twin Valley High School

Utilities

  • Gas Available
  • Drilled Well
  • Septic Tank
  • Leach Field

Property Details

Property Type

Land

Est. Annual Taxes

$1,331

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Wilmington center, take Ray Hill Road (by Dots Restaurant) go up hill 7th house on the left after Wilmington Heights Road.
  • Price Per Sq Ft: 19702.97
  • Property Class: Land
  • List Agent: 1865
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: None
  • ResoLotFeatures: Open
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved

Utilities

  • Electric: On-Site
  • Sewer: 1500+ Gallon, Concrete, Leach Field - On-Site
  • Electric Company: GMP
  • Utilities: Gas - On-Site
  • Water Source: Drilled Well

Fee Information

  • Tax Class: Homestead

Schools

  • Elementary School: Deerfield Valley Elem. Sch
  • High School: Twin Valley High School

Lot Info

  • Lot Sq Ft: 439956
  • Land Gains: To Be Determined
  • Lot Acres: 10.1
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 338
  • Deed Page: 318
  • Deed Recorded Type: Quit Claim

Tax Info

  • Taxes TBD: Yes
  • Tax Year: 2024

MLS Schools

  • School District: Windham Southwest
  • School Middle Jr: Twin Valley Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jul 12, 2024
Sold by
Aldrich Yvonne
Bought by
Girard David
Seller's Agent
Jennifer Hovey-Densmore
Deerfield Valley Real Estate
Buyer's Agent
Monique White
Deerfield Valley Real Estate
List Price
$199,000
Sold Price
$199,000
Views
4
Current Estimated Value
$223,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,478
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Jan 17, 2018
Sold by
Aldrich Yvonne
Bought by
Aldrich Kevin and Aldrich Yvonne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Girard David $199,000 --
Aldrich Kevin -- --
Aldrich Kevin -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $199,000 0.0% --
05/04/2024 05/04/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $199,000 -- --
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 $1,331 $72,370 $66,200 $6,170
2023 $3,341 $177,240 $46,200 $131,040
2022 $3,341 $177,240 $46,200 $131,040
2021 $3,425 $150,000 $70,500 $79,500
2020 $4,042 $150,000 $70,500 $79,500
2019 $4,234 $150,000 $0 $0
2018 $4,013 $150,000 $0 $0
2016 $3,275 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4994002

PrimeMLS

APN: 762-242-12038