NOT LISTED FOR SALE

488 Main St Colchester, VT 05446

Estimated Value: $415,000 - $486,000

3 Beds
1 Bath
1,584 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $237,100 $150 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,877/month

125 Days on Market

Highlights

  • Cape Cod Architecture
  • Level Lot
  • 1-Story Property
  • Baseboard Heating

About This Home

As of April 2021

Charming farmhouse in great Village location with direct access to Colchester Park and trails for summer and winter recreation from the back of the lot. Close to schools, library and ice cream parlor. Very well maintained home with several recent upgrades. This home will abut a 6 unit townhome PUD, shared access easement and be connected to a new community septic system in that PUD for units 1-5. No conveyance can be made until final Town permits have been obtained - expected by 12/1/2020.

Last Agent to Sell the Property

Hank Gintof

Signature Properties of Vermont License #081.0001306 Listed on: 09/10/2020

Last Buyer's Agent

Stacey Barton

Signature Properties of Vermont License #081.0002273

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,175

Year Built

  • Built in 1848

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • Shared Driveway
  • Paved Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Shared Septic
  • Cable TV Available

Community Details

  • Planned Unit Development

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,175

Year Built

Built in 1848

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 149.68
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1848
  • Remarks Public: Charming farmhouse in great Village location with direct access to Colchester Park and trails for summer and winter recreation from the back of the lot. Close to schools, library and ice cream parlor. Very well maintained home with several recent upgrades. This home will abut a 6 unit townhome PUD, shared access easement and be connected to a new community septic system in that PUD for units 1-5. No conveyance can be made until final Town permits have been obtained - expected by 12/1/2020.
  • L A1 M M S I Memberkey: 1093
  • List Agent: 1812
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 69391
  • S A1 M M S I Memberkey: 2273
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 69391
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior, Unfinished, Interior Access
  • Level 1: Level 1: Bedroom, Level 1: Family Room, Level 1: Kitchen/Dining, Level 1: Living Room, Level 1: Master Bedroom, Level 1: Sunroom
  • Room 1: Living Room, 19 x 17'10, On Level: 1
  • Room 2: Family Room, 14'5 x 13'7, On Level: 1
  • Room 3: Sunroom, 12'5 x 11'2, On Level: 1
  • Room 4: Kitchen/Dining, 14 x 15'2, On Level: 1
  • Room 5: 1, 16'2 x 11
  • Room 6: Bedroom, 13'6 x 9'5, On Level: 1
  • Room 7: Bedroom, 11 x 8, On Level: 1
  • Sq Ft - Apx Finished AG: 1584
  • Sq Ft - Apx Total: 2841
  • Sq Ft - Apx Total Finished: 1584
  • Sq Ft - Apx Unfinished BG: 1257

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Private
  • Roof: Shingle
  • Easements: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Septic Shared
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Electric Company: Green Mtn. Power
  • Utilities: Cable, Gas - Underground

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 13504
  • Lot Acres: 0.31
  • Lot Description: Level, PRD/PUD, Sidewalks
  • Surveyed: Yes
  • Zoning: Residential
  • Deed Recorded Type: Deed to be Obtained

Tax Info

  • Tax Gross Amount: 5175.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Apr 21, 2021
Sold by
Rivers Edge Building Development Llc
Bought by
Davis Brandon and Davis Nicole
Seller's Agent
Hank Gintof
Signature Properties of Vermont
Buyer's Agent
Stacey Barton
Signature Properties of Vermont
List Price
$249,900
Sold Price
$237,100
Premium/Discount to List
-$12,800
-5.12%
Current Estimated Value
$443,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,068
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Dec 1, 2020
Sold by
Rivers Edge Building Development Llc

Purchase Details

Listed on
Jan 10, 2020
Closed on
Apr 15, 2020
Sold by
Stowe Alwida
Seller's Agent
Andrea Champagne
Champagne Real Estate
Buyer's Agent
Hank Gintof
Signature Properties of Vermont
List Price
$464,000
Sold Price
$399,750
Premium/Discount to List
-$64,250
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.27%
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
Davis Brandon $237,100 --
Davis Brandon $237,100 --
-- -- --
-- -- --
-- $399,750 --
-- $399,750 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $237,100 -1.2% $150 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $239,900 +1.2% $151 / Sq Ft
10/09/2020 10/09/20 Off Market $237,100 -- --
10/02/2020 10/02/20 Price Changed $229,900 -8.0% $145 / Sq Ft
09/10/2020 09/10/20 For Sale $249,900 -37.5% $158 / Sq Ft
04/15/2020 04/15/20 Sold $399,750 -13.8% $252 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $464,000 -- $293 / 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 $5,540 $0 $0 $0
2023 -- $0 $0 $0
2022 $4,305 $0 $0 $0
2021 $4,942 $0 $0 $0
2020 $5,175 $0 $0 $0
2019 $5,087 $0 $0 $0
2018 $5,004 $0 $0 $0
2017 $4,813 $243,200 $0 $0
2016 $4,755 $243,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4827926

PrimeMLS

APN: (048) 26-0050030000000