NOT LISTED FOR SALE

401 Longpoint Rd North Ferrisburgh, VT 05473

Estimated Value: $227,000 - $278,000

6 Beds
2 Baths
3,064 Sq Ft
$82/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $250,000 $82 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,586/month

102 Days on Market

Highlights

  • 2 Car Garage
  • Wood Siding
  • Historic Home
  • Level Lot

About This Home

As of July 2024

Large turn of the century post and beam building, and two outbuildings, on flat one half acre Industrial (IND-2) district zoned lot on "No Outlet" road down to the Long Point Corp. summer community on lake Champlain. Formerly a Country Store on first floor with owner's three bedroom apartment on second floor with unobstructed views of corn fields to the south and lovely views to the west from the screened in second floor porch. The main building and the two outbuildings have been structurally repaired, and all have new roof systems. The interiors have been gutted and are a blank canvas. The property includes a drilled well and a 1,000 gallon concrete septic tank and leach field. The main building has a large attic and a poured concrete foundation and concrete cellar floor slab. The two bay garage outbuilding has a stand up second floor and could be easily converted into a two bedroom cottage. The property has been gutted and is ready for renovation and many opportunities abound with this commercial location for potential Cannabis manufacturing/retail, restaurant, antique shop or other specialty business with owner's residence and multi-unit rental potential. For the savvy investor this property is a perfect candidate for several grants available through the Vermont Housing Improvement (VHIP) program and the VHIP addendum for the Healthy Homes Initiatives (VHIP-HHI).

Last Agent to Sell the Property

Ralph Harvey

Listwithfreedom.com Brokerage Email: Support@ListWithFreedom.com License #081.0134117 Listed on: 03/22/2024

Listwithfreedom.com

Last Buyer's Agent

Flex Realty Group

Flex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Historic Home

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Ferrisburgh Central Elementary School
  • Vergennes Uhsd #5 Middle School
  • Vergennes Uhsd #5 High School

Utilities

  • Private Water Source
  • Drilled Well
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: From the Mobil Gas Station on Route 7 in North Ferrisburgh go west on Stage Road to Greenbush Road. Bear left on Greenbush Road. Bear Right on Long Point Road. Property is approx. 1 mile on left at 401 long Point Road.
  • Flood Zone: Unknown
  • Assessment Amount: 132600
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 81.59
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1900
  • Remarks Public: Large turn of the century post and beam building, and two outbuildings, on flat one half acre Industrial (IND-2) district zoned lot on "No Outlet" road down to the Long Point Corp. summer community on lake Champlain. Formerly a Country Store on first floor with owner's three bedroom apartment on second floor with unobstructed views of corn fields to the south and lovely views to the west from the screened in second floor porch. The main building and the two outbuildings have been structurally repaired, and all have new roof systems. The interiors have been gutted and are a blank canvas. The property includes a drilled well and a 1,000 gallon concrete septic tank and leach field. The main building has a large attic and a poured concrete foundation and concrete cellar floor slab. The two bay garage outbuilding has a stand up second floor and could be easily converted into a two bedroom cottage. The property has been gutted and is ready for renovation and many opportunities abound with this commercial location for potential Cannabis manufacturing/retail, restaurant, antique shop or other specialty business with owner's residence and multi-unit rental potential. For the savvy investor this property is a perfect candidate for several grants available through the Vermont Housing Improvement (VHIP) program and the VHIP addendum for the Healthy Homes Initiatives (VHIP-HHI).
  • List Agent: 287060
  • Display On Internet: Unknown
  • Architectural Style: Historic Vintage
  • ResoLotFeatures: Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3064
  • Sq Ft - Apx Total: 3064
  • Sq Ft - Apx Total Finished: 3064

Exterior Features

  • Driveway: Gravel
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Shingle - Architectural
  • Construction Type: Wood Frame, Wood Siding

Garage/Parking

  • Garage Capacity: 2
  • Parking: Detached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Utilities: Cable - Available
  • Water Source: Drilled Well, Private

Fee Information

  • Tax Class: TBD

Schools

  • School District: Vergennes UHSD 5
  • Elementary School: Ferrisburgh Central School
  • Middle School: Vergennes UHSD #5
  • High School: Vergennes UHSD #5
  • Elementary School: Ferrisburgh Central School
  • High School: Vergennes UHSD #5

Lot Info

  • Village/District/Locale: North Ferrisburgh
  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 179
  • Deed Page: 53
  • Deed Recorded Type: Assigned

Tax Info

  • Tax Gross Amount: 2497
  • Tax Year: 2022

MLS Schools

  • School District: Vergennes UHSD 5
  • School Middle Jr: Vergennes UHSD #5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jul 11, 2024
Sold by
Sherwin Jeffrey
Bought by
Couture Matthew and Mcgovern Karyn M
Seller's Agent
Ralph Harvey
Listwithfreedom.com
Buyer's Agent
Flex Realty Group
Flex Realty
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Views
138
Current Estimated Value
$251,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,332
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Jan 6, 2023
Sold by
Homan Claudia
Bought by
Sherwin Jeffrey L

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 27, 2016
Sold by
Federal National Mortgage Association Ak
Bought by
Sherwin Jeffrey L and Sherwin Claudia
Seller's Agent
Pike Porter
Great American Dream Realty
Buyer's Agent
Pike Porter
Great American Dream Realty
List Price
$81,000
Sold Price
$64,500
Premium/Discount to List
-$16,500
-20.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%

Purchase Details

Closed on
Apr 16, 2015
Sold by
Straley Jeffrey L and Straley Lisa H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 22, 2004
Sold by
Quesnel Randy and Quesnel Jean M
Bought by
Vermont Land Trust Inc
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
Couture Matthew $250,000 --
Sherwin Jeffrey L -- --
Sherwin Jeffrey L -- --
Sherwin Jeffrey L -- --
Sherwin Jeffrey L $66,500 --
Sherwin Jeffrey L $66,500 --
Federal National Mortgage Association $103,400 --
Federal National Mortgage Association $103,400 --
Vermont Land Trust Inc $474,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $250,000 -3.8% $82 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $260,000 +303.1% $85 / Sq Ft
01/28/2016 01/28/16 Sold $64,500 -20.4% $21 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $81,000 -- $26 / 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 -- $132,600 $61,200 $71,400
2023 $2,599 $132,600 $61,200 $71,400
2022 $2,497 $132,600 $61,200 $71,400
2021 $2,614 $132,600 $61,200 $71,400
2020 $2,572 $132,600 $61,200 $71,400
2019 $2,483 $132,600 $61,200 $71,400
2018 $2,360 $129,000 $61,200 $67,800
2016 $2,243 $129,000 $61,200 $67,800
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2024

    Ralph Harvey

    Listwithfreedom.com

    (855) 456-4945

    1 in this area

    10,986 Total Sales

    Section Image
  • Flex Realty Group

    Buyer's Agent in 2024

    Flex Realty Group

    Flex Realty

    (802) 399-2860

    11 in this area

    1,769 Total Sales

    Section Image

  • P

    Seller's Agent in 2016

    Pike Porter

    Great American Dream Realty

See All Agents

Map

Source: PrimeMLS

MLS Number: 4988970

PrimeMLS

APN: 228-073-11295

Vermont Addison County North Ferrisburgh 05473

401 Longpoint Rd, North Ferrisburgh, VT

This home is located at 401 Longpoint Rd, North Ferrisburgh, VT 05473 since 22 March 2024 and is currently estimated at $251,332, approximately $82 per square foot. This property was built in 1900. 401 Longpoint Rd is a home located in Addison County with nearby schools including Ferrisburgh Central School and Vergennes Uhsd #5.

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