NOT LISTED FOR SALE

61 Cove Rd Hinesburg, VT 05461

Estimated Value: $455,000 - $740,559

2 Beds
1 Bath
484 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $166,000 $343 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $4,381/month

84 Days on Market

Highlights

  • 91 Feet of Waterfront
  • Docks
  • Deck
  • Hinesburg Community School Rated A-
  • Lake View
  • Wood Burning Stove

About This Home

As of October 2017

8,000 CASH REBATE TO YOU AT CLOSING...A FANTASTIC PRICE GETS EVEN BETTER...DIRECT WATERFRONT WILL NOT LAST AT THIS COMPETITIVE PRICE ! Asking price is WELL BELOW appraised value! Enjoy 91 feet of deeded frontage on south end of BEAUTIFUL Lake Iroquois (JUST 20 MIN. FROM BURLINGTON, VT.) Serene Lake Iroquois offers the opportunity to enjoy many year-round outdoor activities. Small rustic 2-bedroom seasonal camp is located in lightly wooded hillside on southwest shore. Property has nice stretch of flat lawn lakeside for waterside lounging and boat launch onto a calm cove. 1 of only 6 camps remaining on the west shore (winter accessible) w/ potential development possibilities for year-round homes. Seller received POSITIVE Shoreland Jurisdictional Determination from State of Vermont for a proposed footprint TWICE the current size. Deeded water rights to accessible spring water is a plus! Whether acquiring to use the existing camp or as a lot for grander plans, this property will be cherished as fewer become available each year. This is the waterfront property of your dreams!

Last Agent to Sell the Property

Paul Marino

WWW.FLATFEEMLS4FREE.COM License #004659 Listed on: 05/19/2017

Last Buyer's Agent

Paul Marino

WWW.FLATFEEMLS4FREE.COM License #004659 Listed on: 05/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot
  • 91 Feet of Waterfront
  • Dirt Road
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned RES/LAKEFRONT

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Combination Kitchen and Living

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave

Flooring

  • Softwood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • 4 Car Parking Spaces
  • Gravel Driveway
  • Shared Driveway
  • Dirt Driveway

Eco-Friendly Details

  • Gray Water System

Outdoor Features

  • Water Access
  • Docks
  • Access to a Dock
  • Deck

Schools

  • Hinesburg Community Elementary And Middle School
  • Champlain Valley Uhsd #15 High School

Utilities

  • Space Heater
  • Heating System Uses Wood
  • 100 Amp Service
  • Private Water Source
  • Shared Water Source
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Leach Field

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,920

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cottage/Camp
  • Construction: Existing
  • Seasonal: Yes
  • Total Stories: 1
  • Price Per Sq Ft: 342.98
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1960
  • Remarks Public: 8,000 CASH REBATE TO YOU AT CLOSING...A FANTASTIC PRICE GETS EVEN BETTER...DIRECT WATERFRONT WILL NOT LAST AT THIS COMPETITIVE PRICE ! Asking price is WELL BELOW appraised value! Enjoy 91 feet of deeded frontage on south end of BEAUTIFUL Lake Iroquois (JUST 20 MIN. FROM BURLINGTON, VT.) Serene Lake Iroquois offers the opportunity to enjoy many year-round outdoor activities. Small rustic 2-bedroom seasonal camp is located in lightly wooded hillside on southwest shore. Property has nice stretch of flat lawn lakeside for waterside lounging and boat launch onto a calm cove. 1 of only 6 camps remaining on the west shore (winter accessible) w/ potential development possibilities for year-round homes. Seller received POSITIVE Shoreland Jurisdictional Determination from State of Vermont for a proposed footprint TWICE the current size. Deeded water rights to accessible spring water is a plus! Whether acquiring to use the existing camp or as a lot for grander plans, this property will be cherished as fewer become available each year. This is the waterfront property of your dreams!
  • List Agent: 17535
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop - Electric, Microwave, Refrigerator
  • Features Interior: Kitchen/Living
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Softwood
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Basement Description: Crawl Space, Dirt
  • Level 1: Level 1: Bedroom, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bedroom
  • Room 1: Kitchen, 12'7" x 6'5", On Level: 1
  • Room 3: Living Room, 10'5"x9'3+7'4"x7, On Level: 1
  • Room 7: Primary Bedroom, 9'3"x8'9+6'9x6'8, On Level: 1
  • Room 8: Bedroom, 7'1"x6'7", On Level: 1
  • Sq Ft - Apx Finished AG: 484
  • Sq Ft - Apx Total: 968
  • Sq Ft - Apx Total Finished: 484
  • Sq Ft - Apx Unfinished BG: 484

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Dirt, Gravel, Right-Of-Way (ROW)
  • Exterior: Vinyl
  • Foundation: Block, Post/Piers
  • Road Frontage: Yes
  • Roads: Association, Dead End, Dirt, Gravel, Private, Shared
  • Roof: Shingle - Asphalt
  • Features Exterior: Day Dock, Deck
  • Water Body Access: Yes
  • Water Body Name: Iroquois
  • Water Body Type: Lake
  • Water Frontage Length: 91
  • Water Access Details: Dock Access
  • Water Body Access: Owned
  • Water View: Yes

Garage/Parking

  • Parking: Parking Spaces 4

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: 500 Gallon, Grey Water, Leach Field, Metal, Private, Septic
  • Water: Deeded, Private, Shared
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Electric, Wood
  • Heating: Space Heater, Stove, Stove - Wood
  • Electric Company: Vermont ElectricCoop
  • Phone Company: Waitsfield&ChampV

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Champlain Valley UHSD 15
  • Elementary School: Hinesburg Community School
  • Middle School: Hinesburg Community School
  • High School: Champlain Valley UHSD #15
  • Elementary School: Hinesburg Community School
  • High School: Champlain Valley UHSD #15

Lot Info

  • Lot Sq Ft: 9148
  • Common Land Acres: 30
  • Lot Acres: 0.21
  • Lot Description: Country Setting, Lake View, Sloping, Water View, Wooded
  • Surveyed: Yes
  • Zoning: RES/LAKEFRONT
  • Deed Book: 110
  • Deed Page: 591 & 592
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 2920.23
  • Tax Year: 2013

MLS Schools

  • School District: Champlain Valley UHSD 15
  • School Middle Jr: Hinesburg Community School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Spaid Carol A
Bought by
Sommers Michael and Sommers Victoria
Current Estimated Value
$671,545

Purchase Details

Closed on
Jan 26, 2021
Sold by
Denice Marcus and Spaid Carol A
Bought by
Spaid Carol A

Purchase Details

Listed on
May 19, 2017
Closed on
Oct 24, 2017
Sold by
Not Provided
Bought by
Spaid Carol A and Taggart Carol M
Seller's Agent
Paul Marino
WWW.FLATFEEMLS4FREE.COM
Buyer's Agent
Paul Marino
WWW.FLATFEEMLS4FREE.COM
List Price
$199,400
Sold Price
$166,000
Premium/Discount to List
-$33,400
-16.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.65%
Source: Public Records

Range of Values:

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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
Sommers Michael $625,000 --
Sommers Michael $625,000 --
Spaid Carol A -- --
Spaid Carol A -- --
Spaid Carol A -- --
Spaid Carol A -- --
Spaid Carol A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2017 10/24/17 Sold $166,000 -7.0% $343 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
06/10/2017 06/10/17 Price Changed $178,500 -10.5% $369 / Sq Ft
05/19/2017 05/19/17 For Sale $199,400 -- $412 / 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 $8,069 $300,300 $111,000 $189,300
2023 $7,153 $300,300 $111,000 $189,300
2022 $6,758 $300,300 $111,000 $189,300
2021 $6,394 $300,300 $111,000 $189,300
2020 $6,638 $300,300 $111,000 $189,300
2019 $5,949 $300,300 $111,000 $189,300
2018 $2,528 $121,800 $111,000 $10,800
2017 $2,897 $133,600 $104,000 $29,600
2016 $2,991 $133,600 $104,000 $29,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4634906

PrimeMLS

APN: (093) 000602