NOT LISTED FOR SALE

725 Southview Dr Richmond, VT 05477

Estimated Value: $889,000 - $1,209,681

47.4 Acres
$21,828 Price per Acre
2,064,744 Sq Ft Lot

Last Sold November 20, 2020

Last sale price $285,000

Est. 263% increase in value since last sale

Current estimated payment $6,761/month

118 Days on Market

Highlights

  • 47.4 Acre Lot
  • Wooded Lot
  • Timber
  • Richmond Elementary School Rated A-
  • Hiking Trails
  • Open Lot

About This Lot

As of November 2020

This location is near the schools, Town of Richmond, I89, many ski areas and not far from Lake Champlain, Burlington, Montpelier or Canada. The topography is flat, gentle slopping and a little hilly. It is mostly forested with mixed species of conifers and deciduous trees. It has a park like atmosphere to some. This is a large piece of land, the rear line shows over a half mile. There are log roads and trails within this land and it abuts a V A S T trail on the Westerly neighbors land. It will make a nice private estate with good access to recreational and shopping. Since the original listing the seller hired foresters and excavators to clear for the driveway, install culvert and build the driveway to the building envelope. Then some of the building envelope was cleared and seeded so it is ready to build on.

Last Agent to Sell the Property

Earl True

True Realty and Land Co, Inc. License #081.0000074 Listed on: 06/08/2020

Last Buyer's Agent

Earl True

True Realty and Land Co, Inc. License #081.0000074 Listed on: 06/08/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,200

Lot Details

  • 47.4 Acre Lot
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned HDR

Farming

  • Timber

Utilities

  • Well Required
  • Septic Needed
  • Septic Design Available

Community Details

Overview

  • Southview Subdivision
  • Near Conservation Area

Recreation

  • Hiking Trails
  • Trails
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$4,200

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Southview
  • Directions: From Richmond Village traffic light go up the hill toward Jericho Ctr. Southview Dr is on the left just beyond the school. Follow Southview Dr to the stop sign. Go straight on Southview Drive, the for sale sign sign is on the left after a couple homes.
  • Flood Zone: Unknown
  • Suitable Use: Residential
  • Price Per Sq Ft: 6012.66
  • Property Class: Land
  • Property Type: Land
  • Estimated Open Space Percent: 90
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public

Utilities

  • Electric: At Street
  • Sewer: On-Site Septic Needed, Replacement Field-Onsite, Septic Design Available
  • Water: On-Site Well Needed

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 2064744
  • Lot Acres: 47.4
  • Lot Description: Conserved Land, Open, Timber, Trail/Near Trail, Walking Trails, Wooded
  • Surveyed: Yes
  • Zoning: HDR
  • Land Restrictions: Further Subdivision
  • Deed Book: 234
  • Deed Page: 503
  • Deed Recorded Type: Deed in lieu

Tax Info

  • Tax Gross Amount: 4200
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2022
Sold by
Novogroski Benjamin E and Novogroski Kaitlin J
Bought by
Novogroski Benjamin E and Novogroski Kaitlin J
Current Estimated Value
$1,034,670

Purchase Details

Listed on
Jun 8, 2020
Closed on
Nov 20, 2020
Sold by
Bellis James and Bellis Karen
Bought by
Barone Kaitlin J and Novogroski Benjamin E
Seller's Agent
Earl True
True Realty and Land Co, Inc.
Buyer's Agent
Earl True
True Realty and Land Co, Inc.
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.09%

Purchase Details

Closed on
Oct 1, 2018
Sold by
Thompson Jon
Bought by
Bellis James

Purchase Details

Closed on
May 20, 2016
Sold by
Westall Larry
Bought by
Bellis James and Bellis Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Novogroski Benjamin E -- --
Barone Kaitlin J $280,000 --
Bellis James -- --
Bellis James -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $285,000 -3.4% --
10/04/2020 10/04/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $295,000 -- --
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 $15,823 $861,900 $273,700 $588,200
2023 $15,823 $861,900 $273,700 $588,200
2022 $14,572 $634,200 $216,500 $417,700
2021 $10,975 $417,200 $216,500 $200,700
2020 $5,495 $216,500 $216,500 $0
2019 $5,208 $216,500 $216,500 $0
2018 $3,458 $147,600 $147,600 $0
2017 $3,335 $328,000 $328,000 $0
2016 $3,289 $147,600 $147,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4809913

PrimeMLS

APN: (163) SV0725