NOT LISTED FOR SALE

493 Nichols Rd Fairfax, VT 05454

Estimated Value: $571,000 - $622,000

5 Beds
2.5 Baths
1,580 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $600,000 $380 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,873/month

65 Days on Market

Highlights

  • Barn
  • 4 Acre Lot
  • Wooded Lot
  • In Ground Pool
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of October 2024

Endless opportunities on over 4 acres! Experience tranquility and versatility in this beautifully-maintained, 3-bedroom, 2-bath home featuring an adjacent 2-bedroom apartment. Set on over 4 acres of land, this property offers unmatched privacy and endless possibilities for varying lifestyles and activities. The large country kitchen is equipped with brand-new stainless steel appliances. Entertaining is easy with a heated in-ground pool and deck offering breathtaking views of Lake Champlain sunsets. Utilize the 24' x 36’ barn with power and water for animals or as a workshop. The roomy 3-car garage also has a workbench. A separate entryway leads to a versatile 2-bedroom apartment, ideal for in-law suite, short or long-term rental, or for hosting guests. This property is a rare find that combines comfort, practicality, and flexibility, making it the perfect setting for creating cherished family memories and diverse lifestyle options. Don’t miss the chance to call this exceptional property your home.

Last Agent to Sell the Property

Theresa Ferrara

Coldwell Banker Hickok and Boardman License #082.0008560 Listed on: 06/10/2024

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Michael Preseau

CENTURY 21 North East License #082.0007963

CENTURY 21 North East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,381

Year Built

  • Built in 1971

Lot Details

  • 4 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Garden

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Split Level Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stone Siding
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Porch

Schools

  • Fairfax Elementary School
  • Bfa Fairfax Middle School
  • Bfa Fairfax High School

Farming

  • Barn

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Drilled Well
  • Septic Tank
  • Private Sewer
  • Internet Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,381

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: From Fairfax village, north on Main Street (Rte 104), left onto King Road, left onto Nichols Road.
  • Flood Zone: Unknown
  • Units per Building: 2
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 240.96
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1971
  • List Agent: 288944
  • Display On Internet: Internet - Fiber Optic
  • Architectural Style: w/Addition, Split Level
  • ResoLotFeatures: Landscaped, Level, Open, Sloping, Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Stove - Electric, Water Heater - Off Boiler, Water Heater - Oil, Water Heater - Owned
  • Equipment: Smoke Detector, Stove-Wood
  • Features Interior: Ceiling Fan, Dining Area, Kitchen/Dining, Natural Light
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Slate/Stone, Vinyl
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Daylight, Exterior Access, Finished, Stairs - Basement, Stairs - Interior, Walkout
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Kitchen/Dining, Level 1: Kitchen - Eat-in, Level 1: Laundry Room, Level 1: Living Room, Level 1: Primary Bedroom
  • Basement Level Rooms: Level B: Bath - Full, Level B: Family Room, Level B: Laundry Room, Level B: Rec Room, Level B: Studio
  • Room 1: Kitchen/Dining, 11.09 x 19.02, On Level: 1
  • Room 2: Living Room, 15.05 x 19, On Level: 1
  • Room 3: Primary Bedroom, 11.04 x 15.04, On Level: 1
  • Room 4: Bedroom, 9.06 x 10, On Level: 1
  • Room 5: 1, 9.11 x 13
  • Room 6: Bath - Full, On Level: 1
  • Room 7: Kitchen - Eat-in, 12.09 x 16.08, On Level: 1
  • Room 8: Living Room, 13.03 x 15.06, On Level: 1
  • Room 9: Bedroom, 11.06 x 16.04, On Level: 1
  • Room 10: 1, 11.10 x 13.03
  • Room 11: Laundry Room, On Level: 1
  • Room 12: Family Room, 14.11 x 19.09, On Level: Basement
  • Room 13: Rec Room, 10.11 x 20, On Level: Basement
  • Room 14: Studio, 14.11 x 15, On Level: Basement
  • Room 15: Bath - Full, On Level: Basement
  • Room 16: Laundry Room, On Level: Basement
  • Sq Ft - Apx Finished AG: 1580
  • Sq Ft - Apx Finished BG: 910
  • Sq Ft - Apx Total: 3160
  • Sq Ft - Apx Total Finished: 2490
  • Sq Ft - Apx Unfinished BG: 670

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Gravel, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Barn, Garden Space, Natural Shade, Pool - In Ground, Porch
  • Construction Type: Wood Frame, Clapboard Exterior, Stone Exterior

Garage/Parking

  • Garage Capacity: 2
  • Parking: Auto Open, Direct Entry, Heated Garage, Driveway, Garage, Attached
  • Garage: Yes

Utilities

  • Cable Company: Mansfield Community Fiber
  • Electric: Circuit Breaker(s)
  • Fuel Company: Clarence Brown
  • Sewer: 1000 Gallon, Concrete, On-Site Septic Exists, Private, Septic
  • Heating Fuel: Oil, Wood
  • Heating: Baseboard, Stove - Wood
  • Electric Company: Vermont Electric Co-op
  • Water Source: Drilled Well, Private, Ultraviolet

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Fairfax Elementary School
  • High School: BFA Fairfax High School

Lot Info

  • Lot Sq Ft: 174240
  • Lot Acres: 4
  • Surveyed: Yes
  • Surveyed By: William Hannon
  • Zoning: Residential
  • Deed Book: 165
  • Deed Page: 748
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 8381.03
  • Tax Year: 2024

MLS Schools

  • School District: Fairfax School District
  • School Middle Jr: BFA Fairfax Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Oct 24, 2024
Sold by
Leech Michael and Leech Martha L
Bought by
Peltier Karenmarie
Seller's Agent
Theresa Ferrara
Coldwell Banker Hickok and Boardman
Buyer's Agent
Michael Preseau
CENTURY 21 North East
List Price
$685,000
Sold Price
$600,000
Premium/Discount to List
-$85,000
-12.41%
Views
31
Current Estimated Value
$620,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,281
Avg. Annual Appreciation
-0.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peltier Karenmarie $600,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2024 10/24/24 Sold $600,000 -7.6% $380 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $649,000 -5.3% $411 / Sq Ft
06/10/2024 06/10/24 For Sale $685,000 -- $434 / 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 -- $410,600 $109,700 $300,900
2023 -- $410,600 $109,700 $300,900
2022 $6,292 $410,600 $109,700 $300,900
2021 $6,209 $293,000 $86,500 $206,500
2020 $6,006 $293,000 $86,500 $206,500
2019 $5,531 $293,000 $86,500 $206,500
2018 $5,476 $293,000 $86,500 $206,500
2017 $5,838 $293,000 $86,500 $206,500
2016 $5,342 $293,000 $86,500 $206,500
Source: Public Records

Agents Affiliated with this Home

  • Theresa Ferrara

    Seller's Agent in 2024

    Theresa Ferrara

    Coldwell Banker Hickok and Boardman

    (802) 992-8328

    9 in this area

    244 Total Sales

    Theresa Ferrara
    Section Image
  • Michael Preseau

    Buyer's Agent in 2024

    Michael Preseau

    CENTURY 21 North East

    (802) 309-0147

    1 in this area

    55 Total Sales

    Michael Preseau
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4999723

PrimeMLS

APN: 210-068-11033

Vermont Franklin County Fairfax 05454

493 Nichols Rd, Fairfax, VT

Not Listed for Sale

Detached

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