NOT LISTED FOR SALE

81 Colby Rd Montpelier, VT 05602

Estimated Value: $390,797 - $488,000

4 Beds
1 Bath
2,012 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $255,000 $127 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,934/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • River Front
  • Countryside Views
  • Barn
  • 13.5 Acre Lot
  • Softwood Flooring

About This Home

As of August 2021

This farmstead was the birthplace of Julius Dewey, founder of National Life Insurance Company. It enjoys wonderful rich meadowland along the Dog River with 13.5 acres and swimming in the river on hot summer days. In the same family since 1987. A substantial barn was constructed about 17 years ago with two large stalls, five small stalls, tack room and big hayloft. The residence was constructed in the 1790's and has a rustic farmhouse look. There is an unheated mudroom with large storage room beyond. The eat-in country kitchen has a closet for the washer and dryer. A nice dining room has hardwood flooring and natural woodwork. Recently the bathroom was updated including plumbing to the second floor to accommodate a second bathroom. Two nice sized bedrooms are on the main level. A center entrance hall connects to a screened porch on the front of this home and also to the living room. The second floor has a nice space at the top of the stairs for a reading nook or possible bathroom. Two bedrooms each with large knee wall closets and access to a large unfinished attic. Wiring has been updated on the first floor but has not yet been done on the second floor. Distributed heat ducts are on the first level. When accessing the property on Colby Rd one crosses railroad tracks and is the only home on Colby Rd. The land is mostly open with gentle grades. An estimated 75% of the land is in flood plain. The house does not appear to be in a designated flood hazard zone. Two septic systems.

Last Agent to Sell the Property

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388 Listed on: 06/30/2021

Last Buyer's Agent

Tim Heney

Heney Realtors - Element Real Estate (Montpelier) License #081.0000388 Listed on: 06/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1794

Lot Details

  • 13.5 Acre Lot
  • River Front
  • Lot Sloped Up
  • Property is zoned Rural 40

Parking

  • 1 Car Attached Garage
  • Dirt Driveway
  • Unpaved Parking

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Corrugated Roof
  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Double Pane Windows
  • Screened Porch
  • Countryside Views
  • Attic

Kitchen

  • Electric Range
  • Disposal

Flooring

  • Softwood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby
  • Shed

Schools

  • Berlin Elementary School
  • U32 High School

Farming

  • Barn
  • Agricultural

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,524

Year Built

Built in 1794

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Farmhouse
  • Directions: In Montpelier from intersection of Memorial Dr. and VT Rt. 12S (Northfield St.) take Rt. 12 south 4.12 miles just beyond Rowell Hill Rd., Colby Rd. will be on the left.
  • Footprint: 40x31
  • Suitable Use: Agriculture, Farm - Horse/Animal, Field/Pasture
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 126.74
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1794
  • Remarks Public: This farmstead was the birthplace of Julius Dewey, founder of National Life Insurance Company. It enjoys wonderful rich meadowland along the Dog River with 13.5 acres and swimming in the river on hot summer days. In the same family since 1987. A substantial barn was constructed about 17 years ago with two large stalls, five small stalls, tack room and big hayloft. The residence was constructed in the 1790's and has a rustic farmhouse look. There is an unheated mudroom with large storage room beyond. The eat-in country kitchen has a closet for the washer and dryer. A nice dining room has hardwood flooring and natural woodwork. Recently the bathroom was updated including plumbing to the second floor to accommodate a second bathroom. Two nice sized bedrooms are on the main level. A center entrance hall connects to a screened porch on the front of this home and also to the living room. The second floor has a nice space at the top of the stairs for a reading nook or possible bathroom. Two bedrooms each with large knee wall closets and access to a large unfinished attic. Wiring has been updated on the first floor but has not yet been done on the second floor. Distributed heat ducts are on the first level. When accessing the property on Colby Rd one crosses railroad tracks and is the only home on Colby Rd. The land is mostly open with gentle grades. An estimated 75% of the land is in flood plain. The house does not appear to be in a designated flood hazard zone. Two septic systems.
  • List Agent: 21353
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Range - Electric, Refrigerator
  • Features Interior: Attic, Laundry Hook-ups, Natural Woodwork, Laundry - 1st Floor
  • Total Bedrooms: 4
  • Flooring: Hardwood, Laminate, Softwood, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Full, Stairs - Interior, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Dining Room, Level 1: Kitchen - Eat-in, Level 1: Living Room, Level 1: Master Bedroom
  • Level 2: Level 2: Bedroom
  • Room 1: Living Room, 14'7x15'5, On Level: 1
  • Room 2: Dining Room, 11'11x13'9, On Level: 1
  • Room 3: Kitchen - Eat-in, 13'10x13'3, On Level: 1
  • Room 4: Master Bedroom, 15'7x11'10, On Level: 1
  • Room 5: 1, 11'7x11'9
  • Room 6: Bath - Full, On Level: 1
  • Room 7: Bedroom, 10'10x15', On Level: 2
  • Room 8: Bedroom, 9'5x15'2, On Level: 2
  • Sq Ft - Apx Finished AG: 2012
  • Sq Ft - Apx Total: 3252
  • Sq Ft - Apx Total Finished: 2012
  • Sq Ft - Apx Unfinished BG: 1240

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Aluminum
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Gravel, Public
  • Roof: Corrugated, Metal
  • Features Exterior: Porch - Screened, Shed, Windows - Double Pane
  • Water Body Type: River
  • Water Restrictions: Unknown
  • Water Body Name 2: Dog River
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, Unpaved
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Barn

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: 1000 Gallon, Concrete, Septic
  • Water: Drilled Well
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Electric Company: GMP
  • Utilities: Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Washington Central
  • Elementary School: Berlin Elementary School
  • Middle School: Berlin Elementary School
  • High School: U32 High School
  • Elementary School: Berlin Elementary School
  • High School: U32 High School

Lot Info

  • Lot Sq Ft: 588060
  • Lot Acres: 13.5
  • Lot Description: Agricultural, Country Setting, Field/Pasture, River, River Frontage
  • Zoning: Rural 40
  • Deed Book: 91
  • Deed Page: 3
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Rate: 2.08
  • Tax Gross Amount: 4523.6
  • Tax Year: 2021

MLS Schools

  • School District: Washington Central
  • School Middle Jr: Berlin Elementary School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $255,000 0.0% $127 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $255,000 -- $127 / 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 $7,082 $259,500 $164,900 $94,600
2023 $4,351 $259,500 $164,900 $94,600
2022 $5,999 $259,500 $164,900 $94,600
2021 $6,152 $259,500 $164,900 $94,600
2020 $6,177 $259,500 $164,900 $94,600
2019 $5,944 $259,500 $164,900 $94,600
2018 $5,864 $259,500 $164,900 $94,600
2017 $1,913 $259,500 $164,900 $94,600
2016 $5,760 $259,500 $164,900 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4869792

PrimeMLS

APN: 195-062-10997