NOT LISTED FOR SALE

58 River St Unit 2 Milton, VT 05468

Estimated Value: $275,000 - $388,422

0.53 Acre
$651,143 Price per Acre
23,087 Sq Ft Lot

Last Sold April 19, 2024

Last sale price $140,000

Est. 147% increase in value since last sale

Current estimated payment $2,187/month

92 Days on Market

About This Lot

As of April 2024

Prime Development Opportunity in Milton! This shovel-ready half-acre lot, nestled in the heart of town, boasts an approved wastewater permit, making it an ideal canvas for your residential vision. Whether you're envisioning a lucrative two-unit 2-bedroom duplex or a spacious 4-bedroom single-family home, this property offers the flexibility you need. Featuring a generous 80 feet of road frontage and all utilities readily available on the street—including municipal water and sewer—this lot is primed for immediate construction. With the groundwork already in place, seize the opportunity to bring your dream home(s) to life without delay. Embrace the convenience of an established central location while enjoying the luxury of ample space to create your own haven. Don't miss the chance to capitalize and turn your residential aspirations into reality in the vibrant community of Milton!

Last Agent to Sell the Property

The Signature Realty Group

Signature Properties of Vermont Listed on: 12/28/2023

Last Buyer's Agent

Darcy Handy

RE/MAX North Professionals

RE/MAX North Professionals

Property Details

Property Type

  • Land

Lot Details

  • 0.53 Acre Lot
  • Lot Sloped Up

Schools

  • Milton Elementary School
  • Milton Jr High Middle School
  • Milton Senior High School

Utilities

  • Gas Available at Street
  • Cable TV Available

Additional Features

  • Electricity Available at Street
  • City Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Price Per Sq Ft: 264150.94
  • Property Class: Land
  • List Agent: 288481
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Unknown
  • ResoLotFeatures: City Lot, Major Road Frontage, Sidewalks, Sloping, Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Public

Utilities

  • Electric: At Street
  • Fuel Company: VT Gas
  • Sewer: Public Sewer At Street
  • Electric Company: GMP
  • Utilities: Cable - Available, Gas - At Street
  • Water Source: Public Water - At Street

Fee Information

  • Tax Class: TBD

Schools

  • Elementary School: Milton Elementary School
  • High School: Milton Senior High School

Lot Info

  • Lot Sq Ft: 23087
  • Current Use: Unknown
  • Land Gains: To Be Determined
  • Lot Acres: 0.53
  • Surveyed: Yes
  • Surveyed By: Cross Engineering
  • Zoning: Res
  • Total Lots: 1
  • Deed Book: 531
  • Deed Page: 499
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 2

Tax Info

  • Taxes TBD: Yes

MLS Schools

  • School District: Milton Town
  • School Middle Jr: Milton Jr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Martin Peter and Dolby Deborah L
Bought by
Leporati Santina and Leporati Paul Catherine
Current Estimated Value
$345,106

Purchase Details

Listed on
Dec 28, 2023
Closed on
Apr 19, 2024
Sold by
Wrs Investments Inc
Bought by
Waterhouse Cheryl
Seller's Agent
The Signature Realty Group
Signature Properties of Vermont
Buyer's Agent
Darcy Handy
RE/MAX North Professionals
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.97%

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 24, 2023
Sold by
Martin Peter and Dolby Deborah J
Bought by
Wrs Investment Inc
Seller's Agent
Marie Parry
M Realty
Buyer's Agent
The Signature Realty Group
Signature Properties of Vermont
List Price
$125,000
Sold Price
$125,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%

Purchase Details

Closed on
Jun 2, 2022
Sold by
Gingras Candace R and Gingras Peter R
Bought by
Dolby Deborah J and Martin Peter M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Leporati Santina $370,000 --
Waterhouse Cheryl $140,000 --
Waterhouse Cheryl $140,000 --
Wrs Investment Inc $125,000 --
Wrs Investment Inc $125,000 --
Wrs Investment Inc $125,000 --
Wrs Investment Inc $125,000 --
Wrs Investment Inc $125,000 --
Dolby Deborah J $265,000 --
Dolby Deborah J $265,000 --
Dolby Deborah J $265,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $140,000 -3.4% --
03/29/2024 03/29/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $145,000 +16.0% --
08/24/2023 08/24/23 Sold $125,000 0.0% -- View Prior Sale
06/30/2023 06/30/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $125,000 -- --
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 $4,611 $236,600 $99,700 $136,900
2023 $4,722 $261,900 $125,000 $136,900
2022 $5,084 $280,500 $125,000 $155,500
2021 $5,138 $214,590 $92,500 $122,090
2020 $4,915 $214,590 $92,500 $122,090
2019 $4,723 $214,590 $92,500 $122,090
2018 $4,614 $198,290 $92,500 $105,790
2017 $4,442 $198,290 $92,500 $105,790
2016 $4,293 $198,290 $92,500 $105,790
2015 -- $2,146 $0 $0
2014 -- $2,146 $0 $0
2013 -- $1,983 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4980932

PrimeMLS

APN: (123) 132034.000000