NOT LISTED FOR SALE

551 Mile Point Rd Vergennes, VT 05491

Estimated Value: $1,869,896

4 Beds
2.5 Baths
1,962 Sq Ft
$953/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $860,000 $438 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $11,722/month

271 Days on Market

Highlights

  • 295 Feet of Waterfront
  • 1 Acre Lot
  • Cathedral Ceiling
  • Lake View
  • Deck
  • Softwood Flooring

About This Home

As of February 2016

Year-round waterfront gem with over 295 ft. of gently sloping ledge mixed with sandy beach. This home has been beautifully updated, renovated and decorated to be that perfect "On Golden Pond" seasonal or year-round residence that you have always wanted. With exposed log siding, cathedral ceiling and Panton stone fireplace in the living room and cozy screened porch off the dining room, this rejuvenated camp makes a great year-round or seasonal second home. Amenities include a first floor master with lake views, master bath with claw footed tub/shower, large dining room with loads of windows, and charm and character throughout. The mechanical systems have all been upgraded including a new state-of-the-art septic system and new propane HVAC for heating and cooling. The lot lives larger than its one acre as it encompasses the south end of Mile Point and has frontage on the broad lake as well as the super protected North Harbor. Fantastic boating and swimming can be yours for generations.

Last Agent to Sell the Property

Christopher von Trapp

Coldwell Banker Hickok and Boardman License #082.0005857 Listed on: 04/01/2015

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Cindy Feloney

Coldwell Banker Hickok and Boardman License #082.0096942

Coldwell Banker Hickok and Boardman

Home Details

Home Type

  • Single Family

Year Built

  • 1951

Lot Details

  • 1 Acre Lot
  • 295 Feet of Waterfront
  • Lot Sloped Up
  • Property is zoned Shoreline

Parking

  • Gravel Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Combination Kitchen and Living
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Softwood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Gas
  • 100 Amp Service
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 03 / 20
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

1951

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Assessment Year: 2013
  • Construction: Existing
  • Total Stories: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Appliances: Range - Electric, Refrigerator
  • Equipment: Smoke Detectr-Batt Powrd
  • Features Interior: Cathedral Ceiling, Fireplace - Wood, Fireplaces - 1, Kitchen/Living, Master BR w/ BA, Vaulted Ceiling
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Softwood
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Room 1: Kitchen, 9x10, On Level: 1
  • Room 2: Dining Room, 15x15, On Level: 1
  • Room 3: Living Room, 15x21, On Level: 1
  • Room 6: Utility Room, 5x7, On Level: 1
  • Room 7: Master Bedroom, 10x11, On Level: 2
  • Room 8: Bedroom, 8x12, On Level: 1
  • Room 9: Bedroom, 8x12, On Level: 1
  • Room 10: 2, 9x11
  • Sq Ft - Apx Finished AG: 1962
  • Sq Ft - Apx Total Finished: 1962

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Post/Piers
  • Road Frontage: Yes
  • Roads: Private, Shared
  • Roof: Shingle - Other
  • Features Exterior: Deck, Porch - Screened, Shed
  • Water Body Access: Owned
  • Water Body Name: Lake Champlain
  • Water Body Type: Lake
  • Water Frontage Length: 295

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: 100 Amp
  • Sewer: 1000 Gallon, Mound, Pump Up, Septic
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Air
  • Cooling: Central AC
  • Electric Company: GMP
  • Phone Company: FairPoint

Condo/Co-op/Association

  • Amenities: Boat Mooring, Boat Slip/Dock, Day Dock

Schools

  • Elementary School: Ferrisburgh Central School
  • Middle School: Vergennes UHSD #5
  • High School: Vergennes UHSD #5

Lot Info

  • Lot: 03
  • Lot Sq Ft: 43560
  • Lot Acres: 1
  • Lot Description: Lake View, Mountain View, Water View, Waterfront
  • Surveyed: Unknown
  • Zoning: Shoreline

Tax Info

  • Tax Rate: 1.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Feb 4, 2016
Sold by
Rice John E and Rice Mary J
Bought by
Boswell Charles P and Rutledge Sarah J
Seller's Agent
Christopher von Trapp
Coldwell Banker Hickok and Boardman
Buyer's Agent
Cindy Feloney
Coldwell Banker Hickok and Boardman
List Price
$996,000
Sold Price
$860,000
Premium/Discount to List
-$136,000
-13.65%
Current Estimated Value
$1,869,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,009,896
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Rice John E and Rice Mary J
Bought by
Rice John E and Rice Mary J
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
Boswell Charles P $860,000 --
Rice John E $134,250 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $860,000 -13.7% $438 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $996,000 -- $508 / 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 -- $939,200 $549,600 $389,600
2023 $18,408 $939,200 $549,600 $389,600
2022 $17,684 $939,200 $549,600 $389,600
2021 $18,518 $939,200 $549,600 $389,600
2020 $18,214 $939,200 $549,600 $389,600
2019 $17,584 $639,300 $549,600 $89,700
2018 $17,184 $939,200 $549,600 $389,600
2016 $16,332 $939,200 $528,500 $389,600
Source: Public Records

Agents Affiliated with this Home

  • Christopher von Trapp

    Seller's Agent in 2016

    Christopher von Trapp

    Coldwell Banker Hickok and Boardman

    (802) 777-4719

    7 in this area

    278 Total Sales

    Christopher von Trapp
    Section Image
  • Cindy Feloney

    Buyer's Agent in 2016

    Cindy Feloney

    Coldwell Banker Hickok and Boardman

    (802) 373-8790

    1 in this area

    33 Total Sales

    Cindy Feloney
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4410539

PrimeMLS

APN: 228-073-10975

Vermont Addison County Vergennes 05491

551 Mile Point Rd, Vergennes, VT

This home is located at 551 Mile Point Rd, Vergennes, VT 05491 since 01 April 2015 and is currently estimated at $1,869,896, approximately $953 per square foot. This property was built in 1951. 551 Mile Point Rd is a home located in Addison County with nearby schools including Ferrisburgh Central School and Vergennes Uhsd #5.

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