Carri Ferrari
EXP Realty
(802) 300-3417
39 Total Sales
1 in Underhill
$385,000 Price
40 Pleasant Valley Rd Underhill, VT 05489
Underhill AreaEstimated Value: $642,692
4
Beds
2
Baths
2,550
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- Countryside Views
- Farmhouse Style Home
- Patio
- Underhill Central School Rated A-
- Corner Lot
- 2-minute walk to Underhill Central Playground
About This Home
As of December 2022Remarkable & unique Underhill opportunity, this 2 family home has been lovingly maintained by the same owners since 1976, and they are now ready pass on to the next steward. This solid duplex farmhouse is sure to attract all intending buyers, be it a new or experienced landlord looking to add a creditable rental to their portfolio, or an owner occupier wishing to live in 1 unit while renting the other to help pay their mortgage and bills. The farmhouse containing two 2 bed 1.5 bath apartments (unit A also has a separate bonus / office room). This is a low maintenance building with all the big ticket items in great shape including shiny standing seam roof, maintenance free vinyl siding, newer windows, furnaces 2012, drilled well 2010, annually inspected septic system, the list goes on! Each unit has their own separate basement space for storage. Inside each occupant is welcomed by a large stone decorative fireplace. Outside each unit enjoys their own private patio looking out upon a large 2 acre lot. The location itself is hard to beat - country setting yet moments from all Underhill has to offer, including Underhill Central School with great playground, & walking distance to Town Park with tennis courts, basketball hoop, & swimming pond. 20 mins from Smugglers Notch Ski Resort, and 30 mins from BTV International Airport.
Last Agent to Sell the Property
KW Vermont License #082.0101428 Listed on: 08/18/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,793
Year Built
- Built in 1804
Lot Details
- 2 Acre Lot
- Landscaped
- Corner Lot
- Lot Sloped Up
Home Design
- Duplex
- Farmhouse Style Home
- Stone Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 2,550 Sq Ft Home
- 2-Story Property
- Countryside Views
Flooring
- Carpet
- Laminate
Unfinished Basement
- Walk-Out Basement
- Basement Storage
Parking
- 6 Car Parking Spaces
- Gravel Driveway
Outdoor Features
- Patio
Schools
- Underhill Central Elementary School
- Browns River Middle
- Mt. Mansfield
Utilities
- Baseboard Heating
- Heating System Uses Oil
- Separate Meters
- Drilled Well
- Water Heater
- Septic Tank
Community Details
Overview
- 2 Units
Recreation
- Snow Removal
Building Details
- 2 Separate Gas Meters
- Operating Expense $9,488
- Gross Income $36,000
- Net Operating Income $26,515
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2022
Closed on
Dec 1, 2022
Sold by
Mathews Edward O and Mathews Louise F
Bought by
Seller's Agent
Michael O'Dowd
KW Vermont
Buyer's Agent
Renae Bouchard
KW Vermont
List Price
$399,000
Sold Price
$399,000
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,692
Avg. Annual Appreciation
13.40%
Purchase Details
Closed on
Sep 9, 2002
Sold by
Edward Mathews
Bought by
Mathews Edward and Mathews Louise
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Underhill, VT
-
Carri Ferrari
-
Lea Van Winkle
Lea Van Winkle
Four Seasons Sotheby's Int'l Realty
(802) 798-5402
58 Total Sales
10 in Underhill
$242K - $1.2M Price Range
-
John Napier
John Napier
TPW Real Estate
(860) 898-1358
19 Total Sales
1 in Underhill
$1,015,000 Price
-
Grant Wieler
Grant Wieler
KW Vermont-Stowe
(802) 521-0185
69 Total Sales
1 in Underhill
$400,000 Price
-
Lipkin Audette Team
Lipkin Audette Team
Responds QuicklyColdwell Banker Hickok and Boardman
(802) 760-2977
1,044 Total Sales
7 in Underhill
$125K - $1.2M Price Range
-
Justin Moore
JM
Justin Moore
Responds QuicklyCornerstone Real Estate Company
(802) 588-8513
15 Total Sales
2 in Underhill
$488K - $659K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $399,000 | -- | ||
| Mathews Edward | -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2022 12/01/22 | Sold | $399,000 | 0.0% | $156 / Sq Ft |
| 08/25/2022 08/25/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | For Sale | $399,000 | -- | $156 / Sq Ft |
Source: PrimeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,270 | $388,100 | $138,000 | $250,100 |
| 2024 | -- | $388,100 | $138,000 | $250,100 |
| 2023 | -- | $388,100 | $138,000 | $250,100 |
| 2022 | $6,793 | $388,100 | $138,000 | $250,100 |
| 2021 | $6,440 | $275,900 | $118,800 | $157,100 |
| 2020 | $6,034 | $275,900 | $118,800 | $157,100 |
| 2019 | $5,850 | $275,900 | $118,800 | $157,100 |
| 2018 | $5,891 | $275,900 | $118,800 | $157,100 |
| 2017 | $5,715 | $270,100 | $133,200 | $136,900 |
| 2016 | $5,635 | $275,900 | $118,800 | $157,100 |
| 2015 | -- | $2,759 | $0 | $0 |
| 2014 | -- | $2,759 | $0 | $0 |
| 2013 | -- | $2,701 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael O'Dowd
Seller's Agent in 2022
Michael O'Dowd
KW Vermont
(802) 654-8500
108 Total Sales
-
Renae Bouchard
Buyer's Agent in 2022
Renae Bouchard
KW Vermont
(603) 856-6107
18 Total Sales
Map
Source: PrimeMLS
MLS Number: 4926002
APN: (209) PV040
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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