NOT LISTED FOR SALE

7 Merganser Way Colchester, VT 05446

Estimated Value: $354,000 - $442,000

1 Bed
1 Bath
892 Sq Ft
$438/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $385,000 $432 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,095/month

62 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Launch
  • Cape Cod Architecture
  • Boat or Launch Ramp
  • Lake View
  • Cathedral Ceiling

About This Home

As of April 2024

Purchase this year-round retreat in time to enjoy it this summer. Whether you are looking for a short term rental or a lakeside home, this charming 1-bedroom cottage was built in 2018 and is nestled in a highly sought-after location with picturesque lake access and breathtaking views. This cozy abode boasts a delightful loft with plenty of built in bookshelves, additional storage and is perfect for additional living space or a tranquil hideaway. Experience the beauty of every season and the convenience of a boat launch, the ability to have a boat mooring in front of your home and the community beach area just moments away. Embrace the winter wonderland with the opportunity to ice fish right in front of your doorstep. Take a bike ride or walk along the causeway bike path with the bike ferry that connects you to South Hero. Outside, discover the allure of professionally designed and established flower gardens, providing a burst of color and fragrance throughout the seasons. Unwind on the stone patio, ideal for soaking in the serene surroundings. For those with creative pursuits or hobbies, a spacious workshop/shed complete with power offers endless possibilities. Whether you're seeking solace or adventure, this idyllic cottage promises a harmonious blend of comfort and natural splendor. Prior contracts fell through due to buyers personal reasons and not due to the property or financing issues. Don't let it slip away again - call today to schedule a time to see it.

Last Listed By

Darcy Handy

RE/MAX North Professionals Listed on: 01/30/2024

RE/MAX North Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 2018

Lot Details

  • 0.45 Acre Lot
  • Property has an invisible fence for dogs
  • Lot Sloped Up
  • Garden
  • Land Lease
  • Property is zoned R1

HOA Fees

  • $486 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 892 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Mooring
  • Boat or Launch Ramp
  • Covered patio or porch
  • Shed

Schools

  • Porters Point Elementary School
  • Colchester Middle School
  • Colchester High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Mound Septic
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

Overview

  • Association fees include recreation
  • Hvl Association

Recreation

  • Community Boat Launch
  • Mooring Area
  • Community Beach Access
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,525

Year Built

Built in 2018

Lot Details

0

HOA Fees

$486 per month

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 431.61
  • Property Type: Single Family
  • Year Built: 2018
  • Remarks Public: Purchase this year-round retreat in time to enjoy it this summer. Whether you are looking for a short term rental or a lakeside home, this charming 1-bedroom cottage was built in 2018 and is nestled in a highly sought-after location with picturesque lake access and breathtaking views. This cozy abode boasts a delightful loft with plenty of built in bookshelves, additional storage and is perfect for additional living space or a tranquil hideaway. Experience the beauty of every season and the convenience of a boat launch, the ability to have a boat mooring in front of your home and the community beach area just moments away. Embrace the winter wonderland with the opportunity to ice fish right in front of your doorstep. Take a bike ride or walk along the causeway bike path with the bike ferry that connects you to South Hero. Outside, discover the allure of professionally designed and established flower gardens, providing a burst of color and fragrance throughout the seasons. Unwind on the stone patio, ideal for soaking in the serene surroundings. For those with creative pursuits or hobbies, a spacious workshop/shed complete with power offers endless possibilities. Whether you're seeking solace or adventure, this idyllic cottage promises a harmonious blend of comfort and natural splendor. Prior contracts fell through due to buyers personal reasons and not due to the property or financing issues. Don't let it slip away again - call today to schedule a time to see it.
  • List Agent: 283982
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Architectural Style: Cape
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Stove - Gas, Water Heater - On Demand
  • Equipment: Smoke Detectr-Hard Wired
  • Features Interior: Cathedral Ceiling, Ceiling Fan, Kitchen/Family, Laundry - 1st Floor
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Level 1: Level 1: Bath - Full, Level 1: Kitchen/Living, Level 1: Primary Bedroom
  • Level 2: Level 2: Loft
  • Room 1: Bath - Full, On Level: 1
  • Room 2: Primary Bedroom, On Level: 1
  • Room 3: Kitchen/Living, On Level: 1
  • Room 4: Loft, On Level: 2
  • Sq Ft - Apx Finished AG: 892
  • Sq Ft - Apx Total: 892
  • Sq Ft - Apx Total Finished: 892

Exterior Features

  • Driveway: Gravel
  • Foundation: Slab - Concrete
  • Road Frontage: TBD
  • Roads: Dead End, Gravel, Unpaved
  • Roof: Shingle - Asphalt
  • Features Exterior: Boat Launch, Boat Mooring, Fence - Invisible Pet, Garden Space, Patio, Porch - Covered, Shed, Beach Access
  • Water Body Type: Lake
  • Water Body Name 2: Lake Champlain
  • Water View: Yes
  • Construction Type: Wood Frame, Wood Siding

Utilities

  • Electric: 100 Amp
  • Fuel Company: VT Gas
  • Sewer: Mound, Septic
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater
  • Electric Company: GMP
  • Utilities: Cable
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • Fee: 5829
  • Fee Includes: Recreation
  • Management Company: HVL
  • Association Amenities: Beach Access, Beach Rights, Boat Launch, Boat Mooring

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Colchester School District
  • Elementary School: Porters Point School
  • Middle School: Colchester Middle School
  • High School: Colchester High School
  • Elementary School: Porters Point School
  • High School: Colchester High School

Lot Info

  • Lot Sq Ft: 19602
  • Lot Acres: 0.45
  • Surveyed: Yes
  • Zoning: R1
  • Deed Book: 836
  • Deed Page: 331
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Gross Amount: 4524.8
  • Tax Year: 2023

MLS Schools

  • School District: Colchester School District
  • School Middle Jr: Colchester Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 30, 2024
Sold by
Izenour Tessa
Bought by
Merganser Way Llc
Seller's Agent
Darcy Handy
RE/MAX North Professionals
Buyer's Agent
Jason Lefebvre
RE/MAX North Professionals
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%
Total Days on Market
62
Views
203
Current Estimated Value
$390,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,877
Avg. Annual Appreciation
1.51%

Purchase Details

Listed on
Oct 5, 2017
Closed on
May 1, 2018
Sold by
Pellegrino Anthony J
Bought by
Izenour Tessa
Seller's Agent
William Vail
Vail Real Estate
Buyer's Agent
William Vail
Vail Real Estate
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%

Purchase Details

Listed on
Oct 5, 2017
Closed on
Mar 26, 2018
Sold by
Pellegrino Anthony J
Bought by
Izenour Tessa
Seller's Agent
William Vail
Vail Real Estate
Buyer's Agent
William Vail
Vail Real Estate
List Price
$149,000
Sold Price
$149,000

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
Merganser Way Llc $385,000 --
Merganser Way Llc $385,000 --
Izenour Tessa $132,000 --
Izenour Tessa $132,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $385,000 -1.3% $432 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/31/2024 03/31/24 For Sale $389,900 0.0% $437 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $389,900 0.0% $437 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $389,900 +161.7% $437 / Sq Ft
05/01/2018 05/01/18 Sold $149,000 0.0% $192 / Sq Ft
03/13/2018 03/13/18 Off Market $149,000 -- --
03/13/2018 03/13/18 Pending -- -- --
10/05/2017 10/05/17 For Sale $149,000 -- $192 / 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 $5,171 $0 $0 $0
2022 $4,366 $0 $0 $0
2021 $4,455 $0 $0 $0
2020 $2,809 $0 $0 $0
2019 $2,761 $0 $0 $0
2018 $2,946 $0 $0 $0
2017 $2,820 $132,000 $0 $0
2016 $2,804 $132,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: PrimeMLS

MLS Number: 4983468

PrimeMLS

APN: (048) 30-0020020930000