NOT LISTED FOR SALE

422 Mcrae Rd Island Pond, VT 05846

Estimated Value: $360,000 - $690,606

3 Beds
2 Baths
1,472 Sq Ft
$407/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $635,000 $431 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,767/month

222 Days on Market

Highlights

  • Guest House
  • 371 Acre Lot
  • Wood Burning Stove
  • Barn
  • Mountain View
  • Farm

About This Home

As of April 2024

This former dairy farm has been meticulously transformed into a modern, inviting property that could serve a variety of uses. Set on 371 acres, the property includes 2 homes, garages, barns, and an old sugarhouse. The main house, a 1982, 3-BR/2-BA log home that has been beautifully renovated from top to bottom, blends seamlessly into the Vermont landscape, and the 9x40’ front porch is the perfect spot to watch sunrise over the fields and the mountains beyond. Built in 2021, the 2-story rustic-industrial guesthouse has a garage and studio space on the main level, with an open kitchen/living room, ¾ bath, and sizable bedroom upstairs. Both homes boast standing seam roofs, Pella thermal insulated windows, porcelain tile floors, and stamped concrete patios. A detached 3-stall garage at the main house offers storage above, and across the driveway is a 48x62’ garage with a workshop and drive-in/out snowmobile garage on the 2nd floor, and a 2-BR guest space on the top floor. At the end of this town-maintained road you’ll find the connected barns. Measuring 50x80’ and 45x135’, they are in excellent condition and can be used for storage or configured to once again house animals. The acreage is a blend of open and wooded land that includes hayfields and meadows, 6 miles of established trails for year-round use, and Cold Brook runs through the property year-round. Come see the quality materials and craftsmanship for yourself and imagine the possibilities with this unique property.

Last Agent to Sell the Property

Bruno Marquis

Century 21 Farm & Forest License #082.0007069 Listed on: 08/17/2023

Century 21 Farm & Forest

Last Buyer's Agent

Bruno Marquis

Century 21 Farm & Forest License #082.0007069 Listed on: 08/17/2023

Century 21 Farm & Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,769

Year Built

  • Built in 1982

Lot Details

  • 371 Acre Lot
  • Secluded Lot
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot

Parking

  • 3 Car Garage
  • Gravel Driveway

Home Design

  • Log Cabin
  • Concrete Foundation
  • Poured Concrete
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Mountain Views

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Stream or River on Lot
  • Outbuilding
  • Porch

Additional Homes

  • Guest House

Schools

  • Brighton Elementary School
  • Brighton Elementary Middle School
  • North Country Union High Sch

Farming

  • Barn
  • Farm
  • Timber
  • Agricultural
  • Pasture
  • Horse Farm

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Drilled Well
  • Septic Tank
  • Leach Field
  • High Speed Internet
  • Phone Available

Community Details

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,769

Year Built

Built in 1982

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Directions: From Route 105 between East Charleston and Island Pond take Basil Hill Rd to McRae Rd on left, go to the end.
  • Footprint: 24 x 32
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 431.39
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1982
  • Remarks Public: This former dairy farm has been meticulously transformed into a modern, inviting property that could serve a variety of uses. Set on 371 acres, the property includes 2 homes, garages, barns, and an old sugarhouse. The main house, a 1982, 3-BR/2-BA log home that has been beautifully renovated from top to bottom, blends seamlessly into the Vermont landscape, and the 9x40’ front porch is the perfect spot to watch sunrise over the fields and the mountains beyond. Built in 2021, the 2-story rustic-industrial guesthouse has a garage and studio space on the main level, with an open kitchen/living room, ¾ bath, and sizable bedroom upstairs. Both homes boast standing seam roofs, Pella thermal insulated windows, porcelain tile floors, and stamped concrete patios. A detached 3-stall garage at the main house offers storage above, and across the driveway is a 48x62’ garage with a workshop and drive-in/out snowmobile garage on the 2nd floor, and a 2-BR guest space on the top floor. At the end of this town-maintained road you’ll find the connected barns. Measuring 50x80’ and 45x135’, they are in excellent condition and can be used for storage or configured to once again house animals. The acreage is a blend of open and wooded land that includes hayfields and meadows, 6 miles of established trails for year-round use, and Cold Brook runs through the property year-round. Come see the quality materials and craftsmanship for yourself and imagine the possibilities with this unique property.
  • List Agent: 22566
  • 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: High Speed Intrnt -Avail
  • Architectural Style: Log
  • ResoLotFeatures: Agricultural, Country Setting, Farm, Farm - Dairy, Farm - Horse/Animal, Field/Pasture, Mountain View, Open, Recreational, Secluded, Stream, Timber, Trail/Near Trail, View, Walking Trails, Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Range - Gas, Refrigerator, Washer, Stove - Gas, Water Heater - Off Boiler
  • Equipment: Stove-Wood
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Full, Insulated, Stairs - Interior, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Kitchen/Dining, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Bath - Full
  • Room 1: Kitchen/Dining, 12 x24, On Level: 1
  • Room 2: Living Room, 13 x 24, On Level: 1
  • Room 3: Bedroom, 11 x15, On Level: 1
  • Room 4: Bedroom, 11 x 22, On Level: 2
  • Room 5: 2, 11 x 22
  • Room 6: Bath - Full, 7 X 12 Shower 3 x5, On Level: 1
  • Room 7: Bath - Full, 8 x 8, On Level: 2
  • Sq Ft - Apx Finished AG: 1472
  • Sq Ft - Apx Total: 2240
  • Sq Ft - Apx Total Finished: 1472
  • Sq Ft - Apx Unfinished BG: 768

Exterior Features

  • Driveway: Gravel
  • Foundation: Concrete, Poured Concrete
  • Road Frontage: Yes
  • Roads: Gravel, Public
  • Roof: Standing Seam
  • Easements: Yes
  • Features Exterior: Barn, Guest House, Outbuilding, Porch
  • Construction Type: Log Home, Log Exterior

Garage/Parking

  • Garage Capacity: 3
  • Parking: Auto Open, Storage Above, Detached
  • Garage: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: 1000 Gallon, Leach Field
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water, Multi Zone
  • Utilities: Telephone At Site
  • Water Source: Drilled Well

Fee Information

  • Tax Class: Homestead

Schools

  • School District: North Country Supervisory Union
  • Elementary School: Brighton Elementary
  • Middle School: Brighton Elementary School
  • High School: North Country Union High Sch
  • Elementary School: Brighton Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 16160760
  • Current Use: Yes
  • Lot Acres: 371
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 108
  • Deed Page: 235 236

Tax Info

  • Tax Gross Amount: 10769
  • Tax Year: 2023

MLS Schools

  • School District: North Country Supervisory Union
  • School Middle Jr: Brighton Elementary School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Apr 26, 2024
Sold by
Valente Daniel and Valente Pamela J
Bought by
Cold Brook Preserve Llc
Seller's Agent
Bruno Marquis
Century 21 Farm & Forest
Buyer's Agent
Bruno Marquis
Century 21 Farm & Forest
List Price
$1,790,000
Sold Price
$635,000
Premium/Discount to List
-$1,155,000
-64.53%
Views
139
Current Estimated Value
$599,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,348
Avg. Annual Appreciation
-6.95%

Purchase Details

Closed on
Feb 7, 2023
Sold by
Valente Daniel A and Valente Pamela J
Bought by
Valente Revocable Trust

Purchase Details

Closed on
Dec 27, 2018
Sold by
Not Provided
Bought by
Valente Daniel A and Valenti Pamela Jean

Purchase Details

Closed on
Apr 23, 2014
Sold by
Tenir Llc
Bought by
Legacy Land Holdings Llc

Purchase Details

Closed on
Nov 1, 2013
Sold by
Sylvia Farm Trust Llc
Bought by
Tenir Llc

Purchase Details

Closed on
Sep 27, 2001
Sold by
Mcrae Donald M and Mcrae Waneta W
Bought by
Adrien Inkel & Son Inc and Stephane Inkel Inc
Source: Public Records

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
Cold Brook Preserve Llc $635,000 --
Cold Brook Preserve Llc $635,000 --
Valente Revocable Trust -- --
Valente Revocable Trust -- --
Valente Revocable Trust -- --
Valente Daniel A -- --
Valente Daniel A -- --
Legacy Land Holdings Llc -- --
Tenir Llc $460,000 --
Adrien Inkel & Son Inc $440,000 --
Adrien Inkel & Son Inc $440,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $635,000 -64.5% $431 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
08/17/2023 08/17/23 For Sale $1,790,000 -- $1,216 / 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 $18,880 $634,400 $307,800 $326,600
2023 $10,280 $634,400 $307,800 $326,600
2022 $14,120 $634,400 $307,800 $326,600
2021 $13,515 $634,400 $307,800 $326,600
2020 $11,661 $494,200 $270,100 $224,100
2019 $11,527 $499,100 $314,000 $185,100
2018 $11,481 $499,100 $314,000 $185,100
2016 $10,428 $499,100 $314,000 $185,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4966056

PrimeMLS

APN: 090-028-10910