NOT LISTED FOR SALE

730 River Rd New Haven, VT 05472

Estimated Value: $376,000 - $574,000

4 Beds
2 Baths
2,280 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $185,000 $81 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $3,556/month

244 Days on Market

Highlights

  • 5.6 Acre Lot
  • Countryside Views
  • Grass Field
  • Colonial Architecture
  • Stream or River on Lot
  • Baseboard Heating

About This Home

As of April 2018

HUGE PRICE REDUCTION! Possible owner financing. Only five minutes from Downtown Middlebury, this beautiful, historic property has been in the same family for over 100 years, and has been lovingly maintained and cared for. It is currently a duplex, but could easily and inexpensively be changed back into a single family home. The two units occupy the first and second floor respectively, and there is a common laundry for both tenants. The rooms are comfortable and spacious, and the location is very convenient to Middlebury or Vergennes. The downstairs unit is currently rented, and the other vacant. There are 5 acres of beautiful land to roam, with a gravity powered natural spring supplying excellent drinking water to this property for over 100 years. In fact, there is a natural water fountain in the yard. There are two outbuildings for storage if needed. The upstairs unit has an additional 550 sq. feet of storage over the laundry. This property could be a nice investment, or a wonderful home for your family.

Last Agent to Sell the Property

John Nichols

EXP Realty License #082.0007820 Listed on: 06/04/2017

EXP Realty

Last Buyer's Agent

Jane Ogden

Four Seasons Sotheby's Int'l Realty License #082.0007944

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 1830

Lot Details

  • 5.6 Acre Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Countryside Views

Basement

  • Walk-Up Access
  • Connecting Stairway
  • Dirt Floor

Schools

  • Mount Abraham Union Mid/High Middle School
  • Mount Abraham Uhsd 28 High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Spring water is a source of water for the property
  • Septic Tank

Additional Features

  • Stream or River on Lot
  • Grass Field

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $20,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,305

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial, Farmhouse
  • Directions: Rte 7 south to River Road on left. Property on right. Look for sign.
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 81.14
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3252
  • Sq Ft - Apx Total Finished: 2280
  • Year Built: 1830
  • Remarks Public: HUGE PRICE REDUCTION! Possible owner financing. Only five minutes from Downtown Middlebury, this beautiful, historic property has been in the same family for over 100 years, and has been lovingly maintained and cared for. It is currently a duplex, but could easily and inexpensively be changed back into a single family home. The two units occupy the first and second floor respectively, and there is a common laundry for both tenants. The rooms are comfortable and spacious, and the location is very convenient to Middlebury or Vergennes. The downstairs unit is currently rented, and the other vacant. There are 5 acres of beautiful land to roam, with a gravity powered natural spring supplying excellent drinking water to this property for over 100 years. In fact, there is a natural water fountain in the yard. There are two outbuildings for storage if needed. The upstairs unit has an additional 550 sq. feet of storage over the laundry. This property could be a nice investment, or a wonderful home for your family.
  • List Agent: 3471
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Dirt Floor, Stairs - Interior
  • Sq Ft - Apx Finished AG: 2280
  • Sq Ft - Apx Unfinished BG: 972

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood Siding
  • Foundation: Block, Fieldstone, Marble
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt, Slate
  • Water Body Type: Stream

Utilities

  • Cable Company: Satellite
  • Electric: Circuit Breaker(s)
  • Fuel Company: Champlain Valley Heating
  • Sewer: 1000 Gallon, On-Site Septic Exists
  • Water: Spring
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: GMP
  • Total Electric Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: New Haven School District
  • Middle School: Mount Abraham Union Mid/High
  • High School: Mount Abraham UHSD 28
  • High School: Mount Abraham UHSD 28

Lot Info

  • Lot Sq Ft: 243936
  • Lot Acres: 5.6
  • Lot Description: Country Setting, Field/Pasture, Rolling, Stream
  • Surveyed: Yes
  • Zoning: Residential (RA5)
  • Deed Book: 64
  • Deed Page: 73
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 28800
  • Net Income: 20401
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4305.19
  • Tax Year: 2016

MLS Schools

  • School District: New Haven School District
  • School Middle Jr: Mount Abraham Union Mid/High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2017
Closed on
Apr 26, 2018
Sold by
Beverly M. Landon T Rust Dated September and William M Landon Trust Dated September
Bought by
Brown Matthew W
Seller's Agent
John Nichols
EXP Realty
Buyer's Agent
Jane Ogden
Four Seasons Sotheby's Int'l Realty
List Price
$223,000
Sold Price
$185,000
Premium/Discount to List
-$38,000
-17.04%
Current Estimated Value
$574,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,000
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Nov 16, 2015
Sold by
William M Landon Trust Dated September 8 and Beverly M Landon Trust Dated September 8
Bought by
Williams Robert H
Source: Public Records

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
Brown Matthew W $185,000 --
Williams Robert H $53,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $185,000 -5.1% $81 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
01/22/2018 01/22/18 Price Changed $195,000 -12.6% $86 / Sq Ft
06/04/2017 06/04/17 For Sale $223,000 -- $98 / 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 $5,135 $222,100 $85,000 $137,100
2023 $4,715 $222,100 $85,000 $137,100
2022 $4,586 $222,100 $85,000 $137,100
2021 $4,737 $222,100 $85,000 $137,100
2020 $4,992 $222,100 $85,000 $137,100
2019 $4,638 $222,100 $85,000 $137,100
2018 $4,273 $222,100 $85,000 $137,100
2016 $4,264 $222,100 $85,000 $137,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4638725

PrimeMLS

APN: 432-135-11883