NOT LISTED FOR SALE

7 Commonwealth Ave Ludlow, VT 05149

Estimated Value: $158,282 - $413,000

4 Beds
2 Baths
2,352 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $140,000 $60 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,691/month

2 Days on Market

Highlights

  • Antique Architecture
  • Parking Storage or Cabinetry
  • Level Lot
  • 2 Car Detached Garage
  • Baseboard Heating
  • Wood Siding

About This Home

As of December 2022

Huge potential, great location BUT this house needs a COMPLETE RENOVATION. Chimney fire last year has compromised the kitchen area. The house needs everything. This house will not qualify for conventional financing possibly a rehab loan. Taxes based on current assessed value. Property being SOLD AS IS.

Last Listed By

Frank Provance

Diamond Realty License #081.0134339 Listed on: 11/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1830

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Home Design

  • Antique Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1.75-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Schools

  • Ludlow Elementary School
  • Choice Middle School
  • Choice High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,499

Year Built

Built in 1830

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Antique
  • Directions: From the Ludlow Green head south on Main St. turn left onto Commonwealth Ave. 3rd house on the right
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 59.52
  • Year Built: 1830
  • Remarks Public: Huge potential, great location BUT this house needs a COMPLETE RENOVATION. Chimney fire last year has compromised the kitchen area. The house needs everything. This house will not qualify for conventional financing possibly a rehab loan. Taxes based on current assessed value. Property being SOLD AS IS.
  • List Agent: 22001
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Full, Unfinished
  • Sq Ft - Apx Finished AG: 2352
  • Sq Ft - Apx Unfinished BG: 597

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Wood, Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Description: Storage Above
  • Garage Type: Detached

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: Ludlow Electric
  • Phone Company: TDS
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Utilities: Cable, Phone

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Two Rivers Supervisory Union
  • Elementary School: Ludlow Elementary School
  • Middle School: Choice
  • High School: Choice
  • Elementary School: Ludlow Elementary School
  • High School: Choice

Lot Info

  • Village/District/Locale: Ludlow
  • Lot Sq Ft: 15246
  • Lot Acres: 0.35
  • Lot Description: Level, Street Lights
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 72
  • Deed Page: 328-329
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2499
  • Tax Year: 2022

MLS Schools

  • School District: Two Rivers Supervisory Union
  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Dec 9, 2022
Sold by
Estate Of William Jon Lannon
Bought by
7 Commonwealth Llc
Seller's Agent
Frank Provance
Diamond Realty
Buyer's Agent
Frank Provance
Diamond Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Total Days on Market
2
Views
1
Current Estimated Value
$280,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,821
Avg. Annual Appreciation
33.37%

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
7 Commonwealth Llc $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $140,000 -6.7% $60 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $150,000 -- $64 / 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
2023 $1,611 $101,200 $56,400 $44,800
2022 $2,219 $119,800 $56,400 $63,400
2021 $2,266 $119,800 $56,400 $63,400
2020 $3,063 $150,800 $56,400 $94,400
2019 $3,015 $150,800 $56,400 $94,400
2018 $2,976 $150,800 $56,400 $94,400
2016 $2,890 $150,800 $56,400 $94,400
Source: Public Records

Agents Affiliated with this Home

  • Frank Provance

    Seller's Agent in 2022

    Frank Provance

    Diamond Realty

    (802) 345-3894

    219 Total Sales

    Frank Provance
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Map

Source: PrimeMLS

MLS Number: 4937357

PrimeMLS

APN: 363-112-11641

Vermont Windsor County Ludlow 05149

7 Commonwealth Ave, Ludlow, VT

Homes for Sale in Ludlow, VT

This home is located at 7 Commonwealth Ave, Ludlow, VT 05149 since 18 November 2022 and is currently estimated at $280,821, approximately $119 per square foot. This property was built in 1830. 7 Commonwealth Ave is a home located in Windsor County with nearby schools including Ludlow Elementary School and Okemo Mountain School.

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