NOT LISTED FOR SALE

693 Us Route 2 Montpelier, VT 05602

Estimated Value: $234,447 - $324,000

4 Beds
2 Baths
2,064 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $149,500 $72 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,521/month

9 Days on Market

Highlights

  • Softwood Flooring
  • Main Floor Bedroom
  • Enclosed Patio or Porch
  • Rumney Memorial School Rated A-
  • Farmhouse Style Home
  • Bathtub

About This Home

As of August 2023

Spacious 4-BR, 2-ba residence needs renovation, but if you are handy, this could be just the ticket! Asphalt shingle roof is only about 8 years, and rolled roof over the east side addition. Some electrical updates. Eat-in kitchen plus a separate dining room. Sitting room just inside the front door, plus a large front living room. First floor full bath with shower/tub combination, and bedroom. Upstairs, there is a bath with soaking tub, 3-BR's and another room which would make a good office or den for gathering. Most recent occupant used a wood pellet stove, which has since been removed. There is a steam boiler ('74) in the basement, but its functionality is unknown. Propane tank removed years ago. There was a concrete septic tank installed in 1978. Onsite well with buried head about 8' off the rear kitchen side of the house. Convenient to Montpelier, Middlesex, I-89 and the ski valleys of both Stowe and Sugarbush. Yard is level with some blooming perennial plantings that are scattered about the property. Directly abutting the Settlement Farm on two sides. Online FEMA maps, house is not in the flood zone. Located in the Industrial District, this property was known as Newhall's Diner more than 50 years ago. Has been used as a single-family residence since. Well worth you taking the time to check it out! Owners believe their representations of the property are accurate, but being sold "AS IS"- Buyers responsible for their own due diligence.

Last Agent to Sell the Property

Lori Holt

BHHS Vermont Realty Group/Montpelier License #081.0003222 Listed on: 06/12/2023

BHHS Vermont Realty Group/Montpelier

Last Buyer's Agent

Lori Holt

BHHS Vermont Realty Group/Montpelier License #081.0003222 Listed on: 06/12/2023

BHHS Vermont Realty Group/Montpelier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1940

Lot Details

  • 0.77 Acre Lot
  • Level Lot
  • Property is zoned Industrial district

Home Design

  • Farmhouse Style Home
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Electric Range

Flooring

  • Softwood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Stone Driveway
  • Gravel Driveway
  • On-Site Parking

Schools

  • Rumney Memorial Elementary School
  • U-32 Middle School
  • Union 32 High Uhsd #41

Utilities

  • Heating System Uses Steam
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Kitchen has a 60 inch turning radius
  • Enclosed Patio or Porch

Listing and Financial Details

  • Legal Lot and Block 01 / 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Farmhouse
  • Directions: From the intersection of State and Main Street in Downtown Montpelier, travel west on Route 2 for 5.4 miles. House on left, just before Settlement Farm.
  • Footprint: 24'x53'+12x14'
  • Suitable Use: Residential
  • Assessment Amount: 128200
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 72.43
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1940
  • List Agent: 21537
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range - Electric
  • Equipment: CO Detector, Smoke Detector
  • Features Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, Bathroom w/Tub, Kitchen w/5 Ft. Diameter, 1st Floor Laundry
  • Features Interior: Dining Area, Laundry Hook-ups, Laundry - 1st Floor
  • Total Bedrooms: 4
  • Flooring: Carpet, Softwood, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Partial, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Kitchen, Level 1: Laundry Room, Level 1: Living Room, Level 1: Other, Level 1: Porch
  • Level 2: Level 2: Bedroom, Level 2: Bath - Full, Level 2: Office/Study
  • Room 1: Bath - Full, 8'4x11'6, On Level: 1
  • Room 2: Bath - Full, 6'x6', On Level: 2
  • Room 3: Office/Study, 11'4x11'6, On Level: 2
  • Room 4: Kitchen, 16'3 x 11'4, On Level: 1
  • Room 5: 1, 19'10x11'6
  • Room 6: Other, 13'x11'3, On Level: 1
  • Room 7: Laundry Room, 8'4x3'7, On Level: 1
  • Room 8: Bedroom, 19'2x11', On Level: 1
  • Room 9: Bedroom, 16'1x10', On Level: 2
  • Room 10: 2, 12'9x9'11
  • Room 11: Bedroom, 11'1x11'5, On Level: 2
  • Room 12: Porch, 13'5x11'8, On Level: 1
  • Sq Ft - Apx Finished AG: 2064
  • Sq Ft - Apx Total: 2856
  • Sq Ft - Apx Total Finished: 2064
  • Sq Ft - Apx Unfinished BG: 792

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Gravel
  • Exterior: Vinyl
  • Foundation: Post/Piers, Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Rolled, Shingle - Asphalt
  • Features Exterior: Natural Shade, Porch - Enclosed

Garage/Parking

  • Parking: Driveway, On-Site

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Concrete, Septic
  • Water: On-Site Well Exists
  • Water Heater: Electric, Owned
  • Heating: Steam
  • Electric Company: Green Mountain Power
  • Utilities: Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Rumney Memorial School
  • High School: Union 32 High UHSD #41

Lot Info

  • Map: 12
  • Lot: 01
  • Lot Sq Ft: 33541
  • Land Gains: To Be Determined
  • Lot Acres: 0.77
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Industrial district
  • Deed Book: 155
  • Deed Page: 9
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 2852.96
  • Tax Year: 2022

MLS Schools

  • School Middle Jr: U-32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 17, 2023
Sold by
Richardson Melody and Sweet Bernard
Bought by
Macbeath Iris
Seller's Agent
Lori Holt
BHHS Vermont Realty Group/Montpelier
Buyer's Agent
Lori Holt
BHHS Vermont Realty Group/Montpelier
List Price
$149,500
Sold Price
$149,500
Views
141
Current Estimated Value
$257,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,165
Avg. Annual Appreciation
28.72%

Purchase Details

Closed on
Oct 4, 2022
Sold by
Sweet Howard I
Bought by
Richardson Melody and Sweet Bernard
Source: Public Records
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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
Macbeath Iris $149,500 --
Macbeath Iris $149,500 --
Macbeath Iris $149,500 --
Richardson Melody $66,838 --
Richardson Melody $66,838 --
Richardson Melody $66,838 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $149,500 0.0% $72 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $149,500 -- $72 / Sq Ft
Source: PrimeMLS

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 $2,181 $128,200 $41,400 $86,800
2023 $2,181 $128,200 $41,400 $86,800
2022 $2,853 $128,200 $41,400 $86,800
2021 $2,969 $128,200 $41,400 $86,800
2020 $2,977 $128,200 $41,400 $86,800
2019 $0 $128,200 $41,400 $86,800
2018 $0 $128,200 $41,400 $86,800
2017 $0 $128,200 $41,400 $86,800
2016 $0 $136,800 $37,800 $99,000
2015 -- $1,368 $0 $0
2014 -- $1,368 $0 $0
2013 -- $1,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4956801

PrimeMLS

APN: 390-121-10778