NOT LISTED FOR SALE

478 E Lake Rd Ludlow, VT 05149

Estimated Value: $172,000 - $294,000

12.13 Acres
$17,157 Price per Acre
528,383 Sq Ft Lot

Last Sold March 01, 2024

Last sale price $185,000

Est. 12% increase in value since last sale

Current estimated payment $1,286/month

12 Days on Market

About This Lot

As of March 2024

A sloped 12 +/- acre parcel with hunting cabin, views and best of all swim rights to Lake Rescue. You decide where to place your new home... Go all out and utilize the existing driveway to access the top of the lot or save some expenses by building your home on the lower portion. The VAST trail goes through the property. The soils have been tested by a VT engineer and the land is capable of meeting criteria for a 4br mound system. In the lake region, under ten minutes to the slopes, swim access... This could be the lot you've been waiting for! Visit the Okemo real estate community today. Taxes are based on current town assessment. (No drive-by's please. Schedule appointment for showing)

Last Agent to Sell the Property

Kevin Barnes

William Raveis Real Estate Vermont Properties Brokerage Phone: 802-228-8877 License #082.0075364 Listed on: 09/22/2023

William Raveis Real Estate Vermont Properties

Last Buyer's Agent

Kevin Barnes

William Raveis Real Estate Vermont Properties Brokerage Phone: 802-228-8877 License #082.0075364 Listed on: 09/22/2023

William Raveis Real Estate Vermont Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,934

Lot Details

  • 12.13 Acre Lot
  • Dirt Road
  • Lot Sloped Up

Schools

  • Ludlow Elementary School
  • Choice Middle School
  • Choice High School

Additional Features

  • Electricity Available at Street
  • Sewer Holding Tank

Property Details

Property Type

Land

Est. Annual Taxes

$1,934

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Ludlow, follow Route 103 North. Turn right onto Route 100. Go about a mile, turn right onto East Lake Road. Follow the road about a mile, 478 will be on the right side. Continue up the driveway to the top.
  • Price Per Sq Ft: 15251.44
  • Property Class: Land
  • Remarks Public: A sloped 12 +/- acre parcel with hunting cabin, views and best of all swim rights to Lake Rescue. You decide where to place your new home... Go all out and utilize the existing driveway to access the top of the lot or save some expenses by building your home on the lower portion. The VAST trail goes through the property. The soils have been tested by a VT engineer and the land is capable of meeting criteria for a 4br mound system. In the lake region, under ten minutes to the slopes, swim access... This could be the lot you've been waiting for! Visit the Okemo real estate community today. Taxes are based on current town assessment. (No drive-by's please. Schedule appointment for showing)
  • List Agent: 18352
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Roads: Dirt, Gravel, Shared, Unpaved

Utilities

  • Electric: At Street
  • Sewer: Holding Tank, Metal

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Two Rivers Supervisory Union
  • Elementary School: Ludlow Elementary School
  • Middle School: Choice
  • High School: Choice
  • Elementary School: Ludlow Elementary School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 528383
  • Lot Acres: 12.13
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 450
  • Deed Page: 591
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 1934.35
  • Tax Year: 2023

MLS Schools

  • School District: Two Rivers Supervisory Union
  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Apr 15, 2024
Sold by
Gormeley Eric
Bought by
The Last Resort North Llc
Seller's Agent
Kevin Barnes
William Raveis Real Estate Vermont Properties
Buyer's Agent
Kevin Barnes
William Raveis Real Estate Vermont Properties
List Price
$185,000
Sold Price
$185,000
Views
33
Current Estimated Value
$208,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,109
Avg. Annual Appreciation
16.33%

Purchase Details

Listed on
Sep 22, 2023
Closed on
Feb 29, 2024
Sold by
Simpler Life Llc
Bought by
Gormeley Eric
Seller's Agent
Kevin Barnes
William Raveis Real Estate Vermont Properties
Buyer's Agent
Kevin Barnes
William Raveis Real Estate Vermont Properties
List Price
$185,000
Sold Price
$185,000
Views
33

Purchase Details

Closed on
Nov 10, 2021
Sold by
Munk David P

Purchase Details

Closed on
Oct 26, 2021
Sold by
Estate Of Patricia E Munk
Bought by
Munk David P

Purchase Details

Closed on
Aug 30, 2019
Sold by
Patricia E Munk Irrevocable
Bought by
Munk David P

Purchase Details

Closed on
Apr 15, 2019
Sold by
Munk Patricia E

Purchase Details

Closed on
Feb 16, 2019
Sold by
Munk Trust Declaration U A Dtd 09062016
Bought by
Munk Patricia E

Purchase Details

Closed on
Feb 26, 2017
Sold by
Munk David P
Bought by
Munk Trust Declaration

Purchase Details

Closed on
Oct 25, 2016
Sold by
Munk Patricia E
Bought by
Munk Trust Declaration
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
The Last Resort North Llc -- --
The Last Resort North Llc -- --
Gormeley Eric $185,000 --
Gormeley Eric $185,000 --
-- $135,000 --
-- $135,000 --
-- $135,000 --
Munk David P -- --
Munk David P -- --
Munk David P -- --
Munk David P -- --
Munk David P -- --
-- -- --
-- -- --
Munk Patricia E -- --
Munk Patricia E -- --
Munk Trust Declaration -- --
Munk Trust Declaration -- --
Munk Trust Declaration -- --
Munk Trust Declaration -- --
Munk Trust Declaration -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $185,000 0.0% --
10/04/2023 10/04/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $185,000 -- --
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 $2,127 $101,000 $82,100 $18,900
2023 $1,608 $101,000 $82,100 $18,900
2022 $1,847 $101,000 $82,100 $18,900
2021 $1,892 $101,000 $82,100 $18,900
2020 $1,980 $98,800 $83,000 $15,800
2019 $1,940 $98,800 $83,000 $15,800
2018 $1,923 $98,800 $83,000 $15,800
2016 $1,765 $98,800 $83,000 $15,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4971206

PrimeMLS

APN: 363-112-12153