NOT LISTED FOR SALE

40 Simms Point Rd Grand Isle, VT 05458

Estimated Value: $370,460

2 Beds
1.5 Baths
3,794 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $260,000 $69 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,522/month

73 Days on Market

Highlights

  • Lake View
  • Secluded Lot
  • 1 Car Direct Access Garage
  • Colonial Architecture
  • Covered Patio or Porch
  • Storm Windows

About This Home

As of May 2021

Looking for an opportunity to create something fantastic with a little elbow grease? Take this commercially zoned property which was formerly a Veterinary Hospital and turn it into a kennel, dog boarding facility, office space with living quarters above, a two unit rental property or one very large single family residence. Truly the possibilities are endless with the right imagination and vision. Currently, there is a two bedroom living space on the second floor with a kitchen and full bathroom. The first floor and full basement were dedicated to the Veterinary Hospital and therefore still have the separated rooms, equipment and kennels. The back yard has a fenced in area for pets, and a covered area with separated kennels for dogs. The remainder of the yard could boast fantastic lake views when the hedges are trimmed and/or removed or keep the hedge row for the added privacy. The driveway consists of parking for 5-10 cars as well as a single car garage which is attached to the main house. The sellers have priced this property almost $150K under assessment as they realize the new owners will have to renovate the property to their needs and as such want to allow for that to be a possibility. Jump on the house flipping bandwagon and grab a deal while it is still available.

Last Agent to Sell the Property

Darcy Handy

RE/MAX North Professionals Listed on: 01/19/2021

RE/MAX North Professionals

Last Buyer's Agent

Flex Realty Group

Flex Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 1 Acre Lot
  • Property has an invisible fence for dogs
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Property is zoned Commercial

Parking

  • 1 Car Direct Access Garage
  • Driveway

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Colonial Architecture
  • Repairs Needed
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Window Screens
  • Combination Dining and Living Room
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Stepless Entry
  • Hard or Low Nap Flooring
  • Accessible Parking

Eco-Friendly Details

  • Solar Water Heater
  • Solar Heating System
  • Heating system powered by passive solar

Outdoor Features

  • Covered Patio or Porch

Schools

  • Grand Isle Elementary And Middle School
  • Choice High School

Utilities

  • Zoned Heating and Cooling
  • Floor Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Radiant Heating System
  • Mound Septic
  • Septic Tank
  • Sewer Holding Tank
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Colonial, Rehab Needed
  • Directions: Vt Route 2 North; Left onto Griswold; Right onto Simms Point Road. Property is on the Right with a Veterinary Hospital sign in the front.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 68.53
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1981
  • Remarks Public: Looking for an opportunity to create something fantastic with a little elbow grease? Take this commercially zoned property which was formerly a Veterinary Hospital and turn it into a kennel, dog boarding facility, office space with living quarters above, a two unit rental property or one very large single family residence. Truly the possibilities are endless with the right imagination and vision. Currently, there is a two bedroom living space on the second floor with a kitchen and full bathroom. The first floor and full basement were dedicated to the Veterinary Hospital and therefore still have the separated rooms, equipment and kennels. The back yard has a fenced in area for pets, and a covered area with separated kennels for dogs. The remainder of the yard could boast fantastic lake views when the hedges are trimmed and/or removed or keep the hedge row for the added privacy. The driveway consists of parking for 5-10 cars as well as a single car garage which is attached to the main house. The sellers have priced this property almost $150K under assessment as they realize the new owners will have to renovate the property to their needs and as such want to allow for that to be a possibility. Jump on the house flipping bandwagon and grab a deal while it is still available.
  • L A1 M M S I Memberkey: 620777
  • List Agent: 283982
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72090
  • S A1 M M S I Memberkey: 619104
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 74443
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Equipment: Air Conditioner, Central Vacuum, CO Detector, Smoke Detector, Smoke Detectr-Batt Powrd, Smoke Detectr-Hard Wired
  • Features Accessibility: 1st Floor 1/2 Bathroom, Access Mailboxes No Steps, Access Parking, Hard Surface Flooring, Paved Parking, Zero-Step Entry Ramp
  • Features Interior: Ceiling Fan, Dining Area, Laundry Hook-ups, Living/Dining
  • Total Bedrooms: 2
  • Flooring: Carpet, Concrete, Tile, Vinyl
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Climate Controlled, Concrete, Concrete Floor, Full, Insulated, Stairs - Interior, Interior Access, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3794
  • Sq Ft - Apx Total: 4802
  • Sq Ft - Apx Total Finished: 3794
  • Sq Ft - Apx Unfinished BG: 1008

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Paved, Public
  • Roof: Shingle
  • Features Exterior: Fence - Dog, Fence - Full, Porch - Covered, Window Screens, Windows - Storm
  • Water Body Type: Lake
  • Water Body Name 2: Lake Champlain
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, On-Site, Parking Spaces 1 - 10
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Direct Entry

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Concrete, Holding Tank, Mound, Pump Up, Septic
  • Water: Public
  • Water Heater: Owned, Solar
  • Heating Fuel: Oil, Solar
  • Heating: Baseboard, Floor Furnace, Hot Water, Multi Zone, Passive Solar, Radiant, Stove
  • Cooling: Multi Zone
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Grand Isle School District
  • Elementary School: Grand Isle School
  • Middle School: Grand Isle School
  • High School: Choice
  • Elementary School: Grand Isle School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 43560
  • Lot Acres: 1
  • Lot Description: Country Setting, Lake View, Level, Secluded
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 116
  • Deed Page: 044
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 8531.14
  • Tax Year: 2020

MLS Schools

  • School District: Grand Isle School District
  • School Middle Jr: Grand Isle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
May 7, 2021
Sold by
New England Phoenix Company Inc
Bought by
Snelling Doreen and Snelling Peter
Seller's Agent
Darcy Handy
RE/MAX North Professionals
Buyer's Agent
Flex Realty Group
Flex Realty
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Current Estimated Value
$370,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,460
Avg. Annual Appreciation
8.36%

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 11, 2021
Sold by
Grand Isle Veterinary Hospital Inc
Seller's Agent
Darcy Handy
RE/MAX North Professionals
Buyer's Agent
Flex Realty Group
Flex Realty
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%

Purchase Details

Closed on
Nov 9, 2012
Sold by
Paws And Laws Inc
Bought by
Grand Isle Veterinary Hospital

Purchase Details

Closed on
Oct 2, 2012
Sold by
Balkunas John J
Bought by
Bazilwich Anne K
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
Snelling Doreen $260,000 --
Snelling Doreen $260,000 --
-- -- --
-- -- --
Grand Isle Veterinary Hospital -- --
Bazilwich Anne K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $260,000 -11.9% $69 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $295,000 -- $78 / 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 $6,698 $428,500 $85,000 $343,500
2023 $6,698 $428,500 $85,000 $343,500
2022 $7,953 $428,500 $85,000 $343,500
2021 $8,717 $439,500 $85,000 $354,500
2020 $8,531 $439,500 $85,000 $354,500
2019 $7,924 $439,500 $85,000 $354,500
2018 $7,696 $439,500 $85,000 $354,500
2017 $7,654 $439,500 $85,000 $354,500
2016 $7,886 $439,500 $85,000 $354,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4844539

PrimeMLS

APN: 255-081-11070