$533,000
SOLD DEC 14, 2023

532 E Mountain Rd Unit 26 Killington, VT 05751

2 Beds
2 Baths
1,110 Sq Ft
$694/mo HOA Fee

Recently Sold

$480 Per Sq Ft

11% Below List Price

22 Days on Market

Highlights

  • Fitness Center
  • 5.92 Acre Lot
  • Wooded Lot
  • Resort Property
  • Contemporary Architecture
  • Community Indoor Pool

About This Home

As of December 2023

This 2-bedroom, 2-bath end-unit condo is a fantastic opportunity for those interested in skiing and earning rental income. Ideally situated at the base of the ski-home trail, it’s the perfect location for winter sports enthusiasts. The condo has updated kitchen and bathroom facilities, propane heating, newer washer and dryer, and plenty of natural light. A wood-burning fireplace in the living area adds to the coziness and a private patio provides access to the outdoors. This property is move-in or rental ready and has a proven track record of generating excellent income. The owner has developed a highly effective rental management system that can be shared with the new owner and, along with the fully stocked rental closet, nothing could be simpler to start your own rental program. Rentals for the 2023/24 season are already scheduled and the seller hopes that these guest bookings will be honored. The proximity to health club facilities enhances the overall experience for residents and guests including an indoor saltwater pool, hot tubs, sauna, exercise equipment, and a game room. The unit is permitted to sleep up to 6 people. Comparable units with loft space incur greater taxes, utilities, and condo fees. With the rental income for both 2-bedroom and 2-bedroom loft units being similar, the lower overhead of this unit is a more lucrative investment opportunity. Given the demand for such a well-located and well-managed rental property, act quickly – this one won’t last long!

Last Agent to Sell the Property

Daniel Pol

Killington Pico Realty License #081.0003943 Listed on: 09/07/2023

Last Buyer's Agent

Daniel Pol

Killington Pico Realty License #081.0003943 Listed on: 09/07/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1984

Lot Details

  • Landscaped
  • Lot Sloped Up
  • Wooded Lot

HOA Fees

  • $694 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Dining Area
  • Laundry on main level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • Unassigned Parking

Outdoor Features

  • Patio

Schools

  • Killington Elementary School
  • Woodstock Union Middle School
  • Woodstock Union High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Underground Utilities
  • Liquid Propane Gas Water Heater
  • Community Sewer or Septic
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Half of the decoration, old skies. Inventory to be provided.

Community Details

Overview

  • Master Insurance
  • Resort Property
  • Trail Creek Condos
  • Maintained Community

Recreation

  • Recreation Facilities
  • Fitness Center
  • Locker Room
  • Community Indoor Pool
  • Community Spa
  • Trails
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,521

Year Built

Built in 1984

Lot Details

0

HOA Fees

$694 per month

Listing Details

  • Status Detail: Closed
  • Style: Contemporary
  • Directions: Killington Road to East Mountain road, take a right at Trail Creek, and left when you pull into Trail Creek.
  • Flood Zone: Unknown
  • Units per Building: 6
  • Construction: Existing
  • Items Excluded: Half of the decoration, old skies. Inventory to be provided.
  • Resort: Yes
  • Total Stories: 1
  • Price Per Sq Ft: 480.18
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1984
  • Remarks Public: This 2-bedroom, 2-bath end-unit condo is a fantastic opportunity for those interested in skiing and earning rental income. Ideally situated at the base of the ski-home trail, it’s the perfect location for winter sports enthusiasts. The condo has updated kitchen and bathroom facilities, propane heating, newer washer and dryer, and plenty of natural light. A wood-burning fireplace in the living area adds to the coziness and a private patio provides access to the outdoors. This property is move-in or rental ready and has a proven track record of generating excellent income. The owner has developed a highly effective rental management system that can be shared with the new owner and, along with the fully stocked rental closet, nothing could be simpler to start your own rental program. Rentals for the 2023/24 season are already scheduled and the seller hopes that these guest bookings will be honored. The proximity to health club facilities enhances the overall experience for residents and guests including an indoor saltwater pool, hot tubs, sauna, exercise equipment, and a game room. The unit is permitted to sleep up to 6 people. Comparable units with loft space incur greater taxes, utilities, and condo fees. With the rental income for both 2-bedroom and 2-bedroom loft units being similar, the lower overhead of this unit is a more lucrative investment opportunity. Given the demand for such a well-located and well-managed rental property, act quickly – this one won’t last long!
  • List Agent: 21864
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Stove - Gas
  • Features Interior: Blinds, Ceiling Fan, Dining Area, Fireplace - Wood, Furnished, Primary BR w/ BA, Natural Light, Laundry - 1st Floor
  • Total Bedrooms: 2
  • Flooring: Carpet, Combination, Tile
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Sq Ft - Apx Finished AG: 1110
  • Sq Ft - Apx Total: 1110
  • Sq Ft - Apx Total Finished: 1110

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Association
  • Roof: Shingle - Asphalt
  • Features Exterior: Patio

Garage/Parking

  • Parking: Unassigned

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Community
  • Water: Community
  • Water Heater: Gas - LP/Bottle, Owned
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Baseboard
  • Electric Company: GMP
  • Utilities: Gas - Lp/Bottle, Internet - Cable, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 694
  • Condo Fees: Yes
  • Condo Name: Trail Creek
  • Association Amenities: Building Maintenance, Exercise Facility, Master Insurance, Recreation Facility, Landscaping, Hot Tub, Pool - Indoor, Snow Removal, Trash Removal, Locker Rooms

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Killington Elementary School
  • Middle School: Woodstock Union Middle School
  • High School: Woodstock Union High School
  • Elementary School: Killington Elementary School
  • High School: Woodstock Union High School

Lot Info

  • Lot Sq Ft: 257875
  • Lot Acres: 5.92
  • Lot Description: Condo Development, Landscaped, Trail/Near Trail, Wooded
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 358
  • Deed Page: 241-244
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 26

Tax Info

  • Tax Gross Amount: 5521.11
  • Tax Year: 2023

MLS Schools

  • School Middle Jr: Woodstock Union Middle School

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $533,000 -4.7% $480 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/17/2023 09/17/23 Price Changed $559,000 -6.7% $504 / Sq Ft
09/07/2023 09/07/23 For Sale $599,000 +177.3% $540 / Sq Ft
04/12/2019 04/12/19 Sold $216,000 0.0% $195 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $216,000 +5.4% $195 / Sq Ft
08/26/2016 08/26/16 Sold $205,000 0.0% $185 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $205,000 -- $185 / 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 -- $197,000 $0 $0
2023 -- $197,000 $0 $0
2022 $4,886 $197,000 $0 $0
2021 $4,619 $197,000 $0 $0
2020 $4,222 $197,000 $0 $0
2019 $4,077 $197,000 $0 $0
2018 $3,824 $197,000 $0 $0
2017 $3,707 $197,000 $0 $0
2016 $0 $197,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4969069

PrimeMLS

APN: 588-185-11821