NOT LISTED FOR SALE

516 Route 103 S Ludlow, VT 05149

Estimated Value: $475,000 - $649,000

5 Beds
4 Baths
3,582 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 24, 2019

Last sale price $150,000 $42 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $3,688/month

1,141 Days on Market

Highlights

  • Ski Accessible
  • Softwood Flooring
  • 1 Car Attached Garage
  • Mountain View
  • Corner Lot
  • Zoned Heating and Cooling

About This Home

As of September 2019

STRONG INVESTMENT OPPORTUNITY FIVE MINUTES AWAY FROM OKEMO MOUNTAIN RESORT, JACKSON GORE, AND OKEMO VALLEY GOLF COURSE! Newly renovated and nicely furnished! PRIME LOCATION ON SHUTTLE ROUTE!! This great TURN KEY rental property has 2 separate living areas both with granite counter tops, stainless steel appliances and new tile flooring. Upgrades include new windows, electrical, furnaces and much more. This property is a legal TWO UNIT home with a large floor plan to accommodate large groups. Ideal for corporate ski or golf groups! Fabulous rental history! Reviews online of past renters are all positive with many return bookings. CHECK OUT THIS SWEET OKEMO RENTAL INVESTMENT TODAY! MINUTES TO WORLD CLASS SKIING AND GOLF! PROPERTY IS PRICED TO SELL! SOLD AS IS.

Last Agent to Sell the Property

Marni Rieger

KW Vermont-Killington License #081.0074373 Listed on: 07/11/2016

KW Vermont-Killington

Last Buyer's Agent

Kevin Barnes

William Raveis Real Estate Vermont Properties License #082.0075364

William Raveis Real Estate Vermont Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 3,582 Sq Ft Home
  • 2.5-Story Property
  • Mountain Views

Flooring

  • Softwood
  • Carpet
  • Tile

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Schools

  • Ludlow Elementary School
  • Black River

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Recreation

  • Ski Accessible

Additional Features

  • 2 Units
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: From Ludlow Village head South on Route 103. Property is on your right corner of 103 & East Hill Rd. See sign. 516 Route 103 South, Ludlow.
  • Flood Zone: Yes
  • Assessment Amount: 225100
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 41.88
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3582
  • Sq Ft - Apx Total Finished: 3582
  • Year Built: 1900
  • Remarks Public: STRONG INVESTMENT OPPORTUNITY FIVE MINUTES AWAY FROM OKEMO MOUNTAIN RESORT, JACKSON GORE, AND OKEMO VALLEY GOLF COURSE! Newly renovated and nicely furnished! PRIME LOCATION ON SHUTTLE ROUTE!! This great TURN KEY rental property has 2 separate living areas both with granite counter tops, stainless steel appliances and new tile flooring. Upgrades include new windows, electrical, furnaces and much more. This property is a legal TWO UNIT home with a large floor plan to accommodate large groups. Ideal for corporate ski or golf groups! Fabulous rental history! Reviews online of past renters are all positive with many return bookings. CHECK OUT THIS SWEET OKEMO RENTAL INVESTMENT TODAY! MINUTES TO WORLD CLASS SKIING AND GOLF! PROPERTY IS PRICED TO SELL! SOLD AS IS.
  • List Agent: 22097
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Softwood, Tile
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 3582

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Clapboard, Wood
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Slate

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 3 - 5
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Air, Multi Zone
  • Cooling: Multi Zone
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Ludlow School District
  • Elementary School: Ludlow Elementary School
  • Middle School: Black River USD #39
  • High School: Black River USD #39
  • Elementary School: Ludlow Elementary School
  • High School: Black River USD #39

Lot Info

  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Lot Description: Corner, Level, Mountain View, Ski Area, View
  • Surveyed: Unknown
  • Zoning: Residenital
  • Deed Book: 276
  • Deed Page: 209
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4382.24
  • Tax Year: 2018

MLS Schools

  • School District: Ludlow School District
  • School Middle Jr: Black River USD #39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Cox Steiner Colin
Bought by
Modern Venture Properties Llc
Current Estimated Value
$547,478

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 24, 2019
Sold by
Giardini Vincent
Bought by
Cox Steiner Colin
Seller's Agent
Marni Rieger
KW Vermont-Killington
Buyer's Agent
Kevin Barnes
William Raveis Real Estate Vermont Properties
List Price
$168,900
Sold Price
$150,000
Premium/Discount to List
-$18,900
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.40%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Giardini Marianne
Bought by
Giardini Vincent

Purchase Details

Closed on
Apr 22, 2004
Sold by
Hindinger David T
Bought by
Giardini Vincent and Giardini Marianne

Purchase Details

Closed on
May 30, 2001
Sold by
Baxter Robert
Bought by
Hindinger David T
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
Modern Venture Properties Llc $525,000 --
Cox Steiner Colin $150,000 --
Giardini Vincent -- --
Giardini Vincent $180,250 --
Hindinger David T $89,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2019 09/24/19 Sold $150,000 0.0% $42 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $150,000 -5.7% $42 / Sq Ft
07/15/2019 07/15/19 Price Changed $159,000 -5.9% $44 / Sq Ft
05/16/2019 05/16/19 For Sale $168,900 0.0% $47 / Sq Ft
05/16/2019 05/16/19 Price Changed $168,900 +5.6% $47 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $159,900 -8.1% $45 / Sq Ft
10/03/2018 10/03/18 For Sale $174,000 +16.0% $49 / Sq Ft
10/01/2018 10/01/18 Off Market $150,000 -- --
08/20/2018 08/20/18 Price Changed $174,000 +3.0% $49 / Sq Ft
05/21/2018 05/21/18 Price Changed $169,000 -6.1% $47 / Sq Ft
03/08/2018 03/08/18 Price Changed $179,900 -4.8% $50 / Sq Ft
12/31/2017 12/31/17 Price Changed $189,000 -13.7% $53 / Sq Ft
07/11/2016 07/11/16 For Sale $219,000 -- $61 / 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 $8,462 $401,800 $30,800 $371,000
2023 $3,754 $228,100 $30,800 $197,300
2022 $4,172 $228,100 $30,800 $197,300
2021 $4,273 $228,100 $30,800 $197,300
2020 $4,512 $225,100 $32,500 $192,600
2019 $4,420 $225,100 $32,500 $192,600
2018 $4,382 $225,100 $32,500 $192,600
2016 $4,022 $225,100 $32,500 $192,600
Source: Public Records

Agents Affiliated with this Home

  • Marni Rieger

    Seller's Agent in 2019

    Marni Rieger

    KW Vermont-Killington

    (802) 353-1604

    1 in this area

    86 Total Sales

    Section Image
  • Kevin Barnes

    Buyer's Agent in 2019

    Kevin Barnes

    William Raveis Real Estate Vermont Properties

    (802) 558-0479

    110 in this area

    184 Total Sales

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4503620

PrimeMLS

APN: 363-112-11333

Vermont Windsor County Ludlow 05149

516 Route 103 S, Ludlow, VT

This home is located at 516 Route 103 S, Ludlow, VT 05149 since 11 July 2016 and is currently estimated at $547,478, approximately $152 per square foot. This property was built in 1900. 516 Route 103 S is a home located in Windsor County with nearby schools including Ludlow Elementary School and Okemo Mountain School.

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