NOT LISTED FOR SALE

340 S Forty Dr Shelburne, VT 05482

Estimated Value: $3,038,881

4 Beds
3 Baths
3,234 Sq Ft
$940/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $1,500,000 $464 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $20,017/month

193 Days on Market

Highlights

  • 600 Feet of Waterfront
  • Barn
  • Sauna
  • Shelburne Community School Rated A-
  • Spa
  • 82 Acre Lot

About This Home

As of June 2013

Unique opportunity to purchase multiple acres in a truly natural setting with 600' of beautiful Lake Champlain shoreline and a 4 bedroom, 3 bath home. 9.2 acres are in Shelburne along with the house, which sits above the water and has stunning views of the open lake and Adirondacks. There are two fields, a barn, a pond and easy access to a wonderful beach. The remaining acres are in Charlotte and subject to subdivision approval. It has frontage on South Forty, Ordway Shore, and Orchard Roads. A small strip of land along Orchard Road is currently leased by the South Forty Nursery. The nursery business is not for sale. This property is in Current Use which substantially reduces the property taxes. Lake frontage per tax map.

Last Agent to Sell the Property

Marybeth Rust

Coldwell Banker Hickok and Boardman License #082.0005119 Listed on: 09/24/2012

Last Buyer's Agent

Wade Weathers

LandVest, Inc-Burlington License #081.0003642

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,384

Year Built

  • Built in 1964

Lot Details

  • 82 Acre Lot
  • 600 Feet of Waterfront
  • Lot Sloped Up

Parking

  • 2 Car Garage
  • Carport
  • Stone Driveway

Property Views

  • Water
  • Mountain
  • Countryside Views

Home Design

  • Block Foundation
  • Shingle Roof
  • Shingle Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Window Screens
  • Combination Dining and Living Room
  • Sauna

Kitchen

  • Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Spa
  • Water Access
  • Deck
  • Covered patio or porch

Schools

  • Shelburne Community Elementary And Middle School
  • Champlain Valley Uhsd #15 High School

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling
  • Dehumidifier
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Exclusions: All sculptures on property

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,384

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Directions: Rt 7 South from Shelburne Village. Right at light onto Bostwick Rd. Approx 2.5 miles to right on Orchard Rd., right on South Forty Rd., at fork at bottom of road bear right, straight to end.
  • Flood Zone: Unknown
  • Construction: Existing
  • Items Excluded: All sculptures on property
  • Total Stories: 1
  • Price Per Sq Ft: 636.4
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1964
  • Remarks Public: Unique opportunity to purchase multiple acres in a truly natural setting with 600' of beautiful Lake Champlain shoreline and a 4 bedroom, 3 bath home. 9.2 acres are in Shelburne along with the house, which sits above the water and has stunning views of the open lake and Adirondacks. There are two fields, a barn, a pond and easy access to a wonderful beach. The remaining acres are in Charlotte and subject to subdivision approval. It has frontage on South Forty, Ordway Shore, and Orchard Roads. A small strip of land along Orchard Road is currently leased by the South Forty Nursery. The nursery business is not for sale. This property is in Current Use which substantially reduces the property taxes. Lake frontage per tax map.
  • List Agent: 5970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range Hood, Microwave, Oven - Wall, Range - Electric, Refrigerator, Washer
  • Equipment: Dehumidifier, Satellite, Satellite Dish
  • Features Interior: Cedar Closet, Fireplace - Wood, Hot Tub, Living/Dining, Primary BR w/ BA, Sauna, Laundry - 1st Floor
  • Total Bedrooms: 4
  • Flooring: Carpet, Concrete, Hardwood, Slate/Stone, Tile
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Partially Finished, Stairs - Interior, Storage Space
  • Room 1: Kitchen, 27x8, On Level: 1
  • Room 2: Dining Room, 19x14, On Level: 1
  • Room 3: Living Room, 29x14, On Level: 1
  • Room 4: Family Room, 26x22, On Level: Basement
  • Room 5: 1, 14x8
  • Room 7: Primary Bedroom, 14x12, On Level: 1
  • Room 8: Bedroom, 12x11, On Level: 1
  • Room 9: Bedroom, 11x9, On Level: 1
  • Room 10: Basement, 14x12
  • Room 13: Other, 16x12, On Level: 1
  • Room 14: Other, 13x13, On Level: 1
  • Sq Ft - Apx Finished AG: 2357
  • Sq Ft - Apx Finished BG: 877
  • Sq Ft - Apx Total BG: 2152
  • Sq Ft - Apx Total Finished: 3234
  • Sq Ft - Apx Unfinished BG: 1275

Exterior Features

  • Driveway: Crushed Stone
  • Exterior: Cedar, Shingle
  • Foundation: Block
  • Road Frontage: Yes
  • Roads: Gravel, Private, Public, Shared
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Barn, Deck, Patio, Porch - Covered, Window Screens
  • Water Body Access: Yes
  • Water Body Name: Lake Champlain
  • Water Body Type: Lake
  • Water Frontage Length: 600
  • Water Body Access: Owned
  • Waterfront: Yes
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Carport
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Water: Private, Public
  • Water Heater: Domestic, Off Boiler, Oil
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone
  • Cooling: Multi Zone
  • Electric Company: GMP
  • Phone Company: FairPoint

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Shelburne Community School
  • Middle School: Shelburne Community School
  • High School: Champlain Valley UHSD #15
  • Elementary School: Shelburne Community School
  • High School: Champlain Valley UHSD #15

Lot Info

  • Map: .
  • Lot: .
  • Lot Sq Ft: 3571920
  • Current Use: Yes
  • Lot Acres: 82
  • Lot Description: Country Setting, Mountain View, Water View, Waterfront
  • Row To Other Parcel: Yes
  • Surveyed: Yes
  • Zoning: Residential
  • Deed Book: 266
  • Deed Page: 372
  • Deed Recorded Type: Trust

Tax Info

  • Taxes TBD: Yes
  • Tax Year Notes: 12-13
  • Tax Gross Amount: 25384.33

MLS Schools

  • School Middle Jr: Shelburne Community School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2001
Sold by
Maeck Doris W
Bought by
Maeck Doris W and Maeck Doris W Revocable Trust
Total Days on Market
193
Current Estimated Value
$3,038,881
Source: Public Records

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Range of Values:

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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
Maeck Doris W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2013 06/05/13 Sold $1,500,000 -13.0% $464 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $1,725,000 -- $533 / 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 -- $2,857,500 $1,630,600 $1,226,900
2023 -- $2,857,500 $1,630,600 $1,226,900
2022 $58,845 $2,857,500 $1,630,600 $1,226,900
2021 $59,048 $2,857,500 $1,630,600 $1,226,900
2020 $62,515 $2,825,100 $1,630,600 $1,194,500
2019 $55,630 $2,825,100 $1,630,600 $1,194,500
2018 $55,024 $2,825,100 $1,630,600 $1,194,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4188100

PrimeMLS

APN: (183) 386-0340