NOT LISTED FOR SALE

862 N Ridge Rd Sutton, VT 05867

Estimated Value: $335,000 - $353,000

3 Beds
2 Baths
2,016 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $302,000 $150 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,338/month

15 Days on Market

Highlights

  • River Front
  • Mountain View
  • 2 Car Detached Garage
  • 52.5 Acre Lot
  • Wooded Lot
  • Grass Field

About This Home

As of September 2023

The West Burke Forest property has a house built in 1988 with 1000 sq foot of living space and a completely finished basement. The building is in good shape structurally but could use some cosmetic work to inject some color and give it a more modern appearance. There is an open plan living area upstairs which also has one bedroom, one bathroom, a large kitchen and a deck facing south. The basement level contains another two bedrooms or office space and another living area, bathroom, and outside deck. The two-bay garage has an additional room in the back of the building used as workshop. The land itself is a mix of forest and open areas, with a large grass meadow near the road. The forest contains a mix of hardwoods and softwoods, a small area of vernal wetlands, and about 1,000 feet of frontage on the West Branch of the Passumpsic River. This property would be well-suited for a local family or used for a holiday home due to its location close to so many outdoor activities. The Seller is a non-profit corporation that is unavailable to review offers until August 21, 2023, at which time any and all offers will be considered and responded to within three business days.

Last Listed By

Thom Milke

Fountains Land Inc. License #082.0134327 Listed on: 08/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,360

Year Built

  • Built in 1988

Lot Details

  • 52.5 Acre Lot
  • River Front
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned Rural Residential

Parking

  • 2 Car Detached Garage
  • Dirt Driveway

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • 200+ Amp Service
  • Drilled Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,360

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Ranch
  • Directions: Property address is 862 North Ridge Road, West Burke VT. From I91 Exit 23 in Lyndonville VT, take Route 5 to West Burke. Turn right onto Route 5A and turn left onto North Ridge Road. The property is on the right after about 1 mile.
  • Flood Zone: Unknown
  • Assessment Amount: 274300
  • Assessment Year: 2022
  • Construction: Existing
  • Seasonal: Unknown
  • Total Stories: 2
  • Price Per Sq Ft: 299.6
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1988
  • Remarks Public: The West Burke Forest property has a house built in 1988 with 1000 sq foot of living space and a completely finished basement. The building is in good shape structurally but could use some cosmetic work to inject some color and give it a more modern appearance. There is an open plan living area upstairs which also has one bedroom, one bathroom, a large kitchen and a deck facing south. The basement level contains another two bedrooms or office space and another living area, bathroom, and outside deck. The two-bay garage has an additional room in the back of the building used as workshop. The land itself is a mix of forest and open areas, with a large grass meadow near the road. The forest contains a mix of hardwoods and softwoods, a small area of vernal wetlands, and about 1,000 feet of frontage on the West Branch of the Passumpsic River. This property would be well-suited for a local family or used for a holiday home due to its location close to so many outdoor activities. The Seller is a non-profit corporation that is unavailable to review offers until August 21, 2023, at which time any and all offers will be considered and responded to within three business days.
  • List Agent: 284188
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished
  • Sq Ft - Apx Finished AG: 1008
  • Sq Ft - Apx Finished BG: 1008
  • Sq Ft - Apx Total: 2016
  • Sq Ft - Apx Total Finished: 2016

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Aluminum
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Unpaved
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Detached
  • Garage: Yes

Utilities

  • Electric: 200 Amp
  • Sewer: 1000 Gallon
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Oil, Wood
  • Heating: Baseboard

Fee Information

  • Tax Class: Homestead

Lot Info

  • Lot Sq Ft: 2286900
  • Lot Acres: 52.5
  • Lot Description: Country Setting, Field/Pasture, Mountain View, River Frontage, Sloping, View, Wooded
  • Surveyed: Unknown
  • Zoning: Rural Residential
  • Deed Book: 39
  • Deed Page: 345
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 5360
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 15, 2023
Sold by
The Nature Conservancy
Bought by
Healy Lisa and Kevin J Hines Living Trust
Seller's Agent
Thom Milke
Fountains Land Inc.
Buyer's Agent
David Lussier
Begin Realty Associates
List Price
$225,000
Sold Price
$302,000
Premium/Discount to List
$77,000
34.22%
Total Days on Market
15
Views
199
Current Estimated Value
$341,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,180
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Feb 15, 2023
Sold by
Hosford Family Trust
Bought by
Nature Conservancy Inc The

Purchase Details

Closed on
Dec 6, 2022
Sold by
Estate Of Norman Hosford
Bought by
The Hosford Familytrust Utd August 13 19

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
Healy Lisa $302,000 --
Healy Lisa $302,000 --
Nature Conservancy Inc The $250,868 --
Nature Conservancy Inc The $250,868 --
The Hosford Familytrust Utd August 13 19 -- --
The Hosford Familytrust Utd August 13 19 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $302,000 +34.2% $150 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $225,000 -- $112 / 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 $5,360 $274,300 $118,600 $155,700
2022 $5,359 $274,300 $118,600 $155,700
2021 $6,007 $267,800 $123,500 $144,300
2020 $5,965 $267,800 $123,500 $144,300
2019 $5,538 $267,800 $123,500 $144,300
2018 $5,479 $267,800 $123,500 $144,300
2016 $4,762 $267,800 $123,500 $144,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4964818

PrimeMLS

APN: 636-200-10259