NOT LISTED FOR SALE

518 E Wells Rd Wells, VT 05774

Estimated Value: $275,000 - $501,000

3 Beds
2 Baths
1,780 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $220,000 $124 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,218/month

43 Days on Market

Highlights

  • Water Views
  • Above Ground Pool
  • Colonial Architecture
  • Water Access
  • 1.7 Acre Lot
  • Vaulted Ceiling

About This Home

As of January 2023

THE WELLS BROOK MEANDERS through this 1.70 ACRE countryside property giving this 1870 three bedroom, two full bath eyebrow colonial a pretty setting and hours of enjoyment. Just 5 months ago the current owners gutted the kitchen and created a beautiful new modern one with all new cabinets, granite counter tops and s/s appliances. All new flooring on first floor and upstairs bathroom was replaced with Commercial grade water proof vinyl plank. The bedrooms on main level have all new carpets. A brand new high efficiency propane furnace was installed along with new duct work. The furnace has an ac prep kit so all you need is the line set and condenser for central air. A mini split heat pump has been installed to the second floor, which includes heat and air. All new water lines and pressure tank. Two new bathrooms have been installed. Toilet, sink and soaker tub on the second floor and a new full tub/shower on the main floor along with new toilet and vanity. In 2002 a new addition was put on for a 21'x24' master bedroom with vaulted ceiling and a floor to ceiling stone chimney which now has a brand new propane fireplace. New clapboards in 1991. The roof is now a standing seem metal roof. The new above ground pool stays. So if you are looking for a home where most of the work has been down for you and want backyard privacy and a brook, come take a look at this brand new listing in the charming village Wells.

Last Agent to Sell the Property

Lori Andrus-Winn

New England Lakeside Realty License #081.0003655 Listed on: 11/14/2022

Last Buyer's Agent

Lori Andrus-Winn

New England Lakeside Realty License #081.0003655 Listed on: 11/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,170

Year Built

  • Built in 1870

Lot Details

  • 1.7 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Property Views

  • Water
  • Mountain
  • Countryside Views

Home Design

  • Colonial Architecture
  • Post and Beam
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Softwood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Unfinished Basement

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

Outdoor Features

  • Above Ground Pool
  • Water Access
  • Nearby Water Access
  • Porch

Schools

  • Wells Village Elementary School
  • Choice Middle School
  • Choice High School

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Mini Split Heat Pump
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,170

Year Built

Built in 1870

Lot Details

1.7 Acres

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: From the four corners in Wells, turn onto East Wells Road, pass Sawmill Hill Road on the left and then the subject property is on the right.
  • Assessment Amount: 147300
  • Assessment Year: 2015
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 123.6
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1870
  • List Agent: 4527
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range - Electric, Refrigerator
  • Features Interior: Dining Area, Fireplace - Gas, Fireplaces - 1, Laundry Hook-ups, Vaulted Ceiling, Walk-in Closet, Wood Stove Hook-up
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Softwood, Vinyl Plank
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Full, Unfinished
  • Level 1: Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bedroom
  • Level 2: Level 2: Bedroom, Level 2: Den
  • Room 1: Kitchen, 20x 8.5, On Level: 1
  • Room 2: Living Room, 17x15.10, On Level: 1
  • Room 3: Dining Room, 17x13.5, On Level: 1
  • Room 4: Primary Bedroom, 21x24, On Level: 1
  • Room 5: 2, 14.7x13
  • Room 6: Bedroom, 14.7x8, On Level: 2
  • Room 7: Den, 14.9x13.8, On Level: 2
  • Sq Ft - Apx Finished AG: 1780
  • Sq Ft - Apx Total: 3110
  • Sq Ft - Apx Total Finished: 1780
  • Sq Ft - Apx Unfinished BG: 1330

Exterior Features

  • Construction: Post and Beam, Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Block, Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Standing Seam
  • Features Exterior: Pool - Above Ground, Porch
  • Water Body Access: Yes
  • Water Body Type: Brook/Stream
  • Water Restrictions: Unknown
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Wells Brook
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private, Septic
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Hot Air, Mini Split
  • Cooling: Mini Split
  • Electric Company: Green Mountain Power
  • Utilities: Cable - At Site

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Wells Village School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 74052
  • Lot Acres: 1.7
  • Lot Description: Country Setting, Level, Mountain View, Open, View, Water View
  • Owned Land: Yes
  • Surveyed: Unknown
  • Deed Book: 116
  • Deed Page: 253
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 3170.32
  • Tax Year: 2023

MLS Schools

  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 20, 2023
Sold by
Martelle Alyssa N
Bought by
Griffin Caroline and Leitermann Eugene
Seller's Agent
Lori Andrus-Winn
New England Lakeside Realty
Buyer's Agent
Lori Andrus-Winn
New England Lakeside Realty
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Views
21
Current Estimated Value
$354,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,383
Avg. Annual Appreciation
16.17%

Purchase Details

Closed on
Apr 22, 2022
Sold by
Gellenthien Britt T
Bought by
Martelle Alyssa N

Purchase Details

Listed on
May 22, 2015
Closed on
Oct 16, 2015
Sold by
Voorhis Ronald B
Bought by
Gellenthien Britt T
Seller's Agent
Lori Andrus-Winn
New England Lakeside Realty
Buyer's Agent
Leona Minard
Realty One Group Lakes & Homes
List Price
$155,000
Sold Price
$127,000
Premium/Discount to List
-$28,000
-18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Griffin Caroline $220,000 --
Martelle Alyssa N $145,000 --
Gellenthien Britt T $127,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2023 01/20/23 Sold $220,000 -4.3% $124 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $230,000 0.0% $129 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $230,000 +81.1% $129 / Sq Ft
10/16/2015 10/16/15 Sold $127,000 -18.1% $71 / Sq Ft View Prior Sale
08/21/2015 08/21/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $155,000 -- $87 / Sq Ft
Source: PrimeMLS

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 -- $219,000 $37,000 $182,000
2023 -- $219,000 $37,000 $182,000
2022 $3,170 $147,300 $21,800 $125,500
2021 $3,240 $147,300 $21,800 $125,500
2020 $2,912 $147,300 $21,800 $125,500
2019 $2,682 $147,300 $21,800 $125,500
2018 $2,493 $147,300 $21,800 $125,500
2017 $2,433 $147,300 $21,800 $125,500
2016 $2,458 $147,300 $21,800 $125,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4936920

PrimeMLS

APN: 708-225-10986

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