NOT LISTED FOR SALE

59 Orchard Ln Richmond, VT 05477

Estimated Value: $515,000 - $771,000

5 Beds
3 Baths
2,700 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $275,800 $102 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,721/month

15 Days on Market

Highlights

  • Porch
  • Richmond Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

As of August 2015

A wonderful slice of Vermont, this property has a tremendous amount to offer. Perfect fit for an owner occupant or investor. Within an easy commuting distance to Burlington and Montpelier, area ski-resorts, swimming holes and more, it is located on a quiet street within a short jump to I89. For the investor the property offers an estimated cap rate of over 8%. As an owner occupied unit you'll have the best of both worldâs peace and quiet and low overhead!

Last Agent to Sell the Property

Brian Armstrong

KW Vermont License #081.0004255 Listed on: 06/12/2015

KW Vermont

Last Buyer's Agent

Mike Conroy

KW Vermont License #081.0004452

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,804

Year Built

  • 1971

Lot Details

  • 1 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,700 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Connecting Stairway

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Private Water Source
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Water Heater Leased
  • Septic Tank
  • Private Sewer
  • Sewer Holding Tank

Listing and Financial Details

  • Rent includes ground maintenance, parking, plowing, sewer, trash, water

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Gas Meters
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,804

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Footprint: 1684
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 2700
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1971

Interior Features

  • Flooring: Laminate
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Stairs - Interior
  • Sq Ft - Apx Finished AG: 2700

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Gravel, Private
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Parking Spaces 1 - 10
  • Garage Type: Attached
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Blue Flame
  • Sewer: Drywell, Holding Tank, Private, Septic
  • Water: Drilled Well, Private
  • Water Heater: Gas - LP/Bottle, Rented
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Wall Units
  • Cooling: Wall AC Units
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 4
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Owner

Condo/Co-op/Association

  • Services: Gas - LP/Bottle

Schools

  • School District: Chittenden East
  • Elementary School: Richmond Elementary School
  • Middle School: Camels Hump Middle USD 17
  • High School: Mt. Mansfield USD #17

Lot Info

  • Lot Sq Ft: 43560
  • Lot Acres: 1
  • Surveyed: Unknown
  • Zoning: Dwell Apts 3

Rental Info

  • Rent Includes: Ground Maintenance, Parking, Plowing, Sewer, Trash, Water

Multi Family

  • Gross Income: 39000
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Year Notes: 13-14
  • Tax Gross Amount: 5804.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Moreira Rosilda
Bought by
Moreira Rosilda and Rodriguez Luis A
Current Estimated Value
$595,556
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
Moreira Rosilda -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $275,800 -6.5% $102 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $295,000 -- $109 / 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 $6,577 $410,900 $140,000 $270,900
2023 $6,577 $410,900 $140,000 $270,900
2022 $6,577 $263,600 $65,000 $198,600
2021 $6,935 $263,600 $65,000 $198,600
2020 $6,690 $263,600 $65,000 $198,600
2019 $6,341 $263,600 $65,000 $198,600
2018 $6,176 $263,600 $65,000 $198,600
2017 $5,955 $263,600 $65,000 $198,600
2016 $5,874 $263,600 $65,000 $198,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brian Armstrong

    KW Vermont

    (802) 598-3190

    2 in this area

    261 Total Sales

    Brian Armstrong
    Section Image
  • Mike Conroy

    Buyer's Agent in 2015

    Mike Conroy

    KW Vermont

    (802) 863-9100

    2 in this area

    110 Total Sales

    Mike Conroy
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4430006

PrimeMLS

APN: (163) OR0059

Vermont Chittenden County Richmond 05477

59 Orchard Ln, Richmond, VT

This home is located at 59 Orchard Ln, Richmond, VT 05477 since 12 June 2015 and is currently estimated at $595,556, approximately $220 per square foot. This property was built in 1971. 59 Orchard Ln is a home located in Chittenden County with nearby schools including Richmond Elementary School, Brewster Pierce School, and Camels Hump Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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