NOT LISTED FOR SALE

9 Lincoln Rd Ripton, VT 05766

Estimated Value: $333,000 - $427,000

5 Beds
3 Baths
2,333 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $163,000 $70 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,581/month

285 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Baseboard Heating
  • Deck
  • Garden
  • 2 Car Garage

About This Home

As of August 2017

Priced below town assessment and a 2015 appraisal! This building has 3 bedrooms and 2 baths upstairs, and an in-law apartment with 2 bedrooms and another full bath below. Right across the road from the Ripton Country Store and 4 miles to East Middlebury, the house couldn't be better located for those who love the skiing, hiking, hunting, and snowmobiling while still being close to Middlebury. With a strong rental market, this could be a moneymaker from day one.

Last Agent to Sell the Property

Jeff Olson

BHHS Vermont Realty Group/Middlebury License #081.0128880 Listed on: 08/23/2016

BHHS Vermont Realty Group/Middlebury

Last Buyer's Agent

Jeff Olson

BHHS Vermont Realty Group/Middlebury License #081.0128880 Listed on: 08/23/2016

BHHS Vermont Realty Group/Middlebury

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Lot Sloped Up
  • Wooded Lot
  • Garden

Parking

  • 2 Car Garage
  • Carport
  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Mountain Views

Partially Finished Basement

  • Walk-Out Basement
  • Connecting Stairway

Outdoor Features

  • Deck

Schools

  • Ripton Elementary School
  • Middlebury Union Middle #3
  • Middlebury Senior Uhsd #3 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • 110 Volts
  • Propane
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Leach Field

Community Details

  • 2 Units
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,493

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Walkout Lower Level
  • Directions: From East Middlebury, take Route 125 to Ripton, then left onto Lincoln Road. First house on the left. Across from the Ripton Country Store.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 101.05
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2621
  • Sq Ft - Apx Total Finished: 2333
  • Year Built: 1973
  • Remarks Public: Priced below town assessment and a 2015 appraisal! This building has 3 bedrooms and 2 baths upstairs, and an in-law apartment with 2 bedrooms and another full bath below. Right across the road from the Ripton Country Store and 4 miles to East Middlebury, the house couldn't be better located for those who love the skiing, hiking, hunting, and snowmobiling while still being close to Middlebury. With a strong rental market, this could be a moneymaker from day one.
  • List Agent: 1359
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Partially Finished, Stairs - Interior
  • Sq Ft - Apx Finished AG: 1613
  • Sq Ft - Apx Finished BG: 720
  • Sq Ft - Apx Unfinished BG: 288

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Garden Space

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 4
  • Garage: Yes
  • Garage Type: Carport

Utilities

  • Electric: 110 Volt, 220 Plug, Circuit Breaker(s)
  • Sewer: Leach Field, Septic
  • Water: Private
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Baseboard, Direct Vent, Electric
  • Electric Company: Green Mountain Power
  • Phone Company: Fairpoint
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Tenant
  • Utilities: Gas - Lp/Bottle

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Addison Central
  • Elementary School: Ripton Elementary School
  • Middle School: Middlebury Union Middle #3
  • High School: Middlebury Senior UHSD #3
  • Elementary School: Ripton Elementary School
  • High School: Middlebury Senior UHSD #3

Lot Info

  • Lot Sq Ft: 13939
  • Lot Acres: 0.32
  • Lot Description: Mountain View, Wooded
  • Surveyed: Unknown
  • Zoning: NC-1
  • Deed Book: 34
  • Deed Page: 182
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 18600
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3493
  • Tax Year: 2016

MLS Schools

  • School District: Addison Central
  • School Middle Jr: Middlebury Union Middle #3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Aug 22, 2017
Sold by
Mcelhaney Tomas
Bought by
Smith Guardianshi Kirkland B
Seller's Agent
Jeff Olson
BHHS Vermont Realty Group/Middlebury
Buyer's Agent
Jeff Olson
BHHS Vermont Realty Group/Middlebury
List Price
$159,000
Sold Price
$163,000
Premium/Discount to List
$4,000
2.52%
Current Estimated Value
$385,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,412
Avg. Annual Appreciation
12.40%

Purchase Details

Closed on
Feb 15, 2001
Sold by
Mcelhaney Tomas
Bought by
Mcelhaney Tomas
Source: Public Records

Range of Values:

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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
Smith Guardianshi Kirkland B -- --
Smith Dylan C -- --
Mcelhaney Tomas -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Sold $163,000 +2.5% $70 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
08/23/2016 08/23/16 For Sale $159,000 -- $68 / 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 $5,773 $224,200 $15,000 $209,200
2023 $5,453 $224,200 $15,000 $209,200
2022 $0 $224,200 $15,000 $209,200
2021 $5,374 $224,200 $15,000 $209,200
2020 $5,479 $224,200 $15,000 $209,200
2019 $5,316 $224,200 $15,000 $209,200
2018 $5,239 $224,200 $15,000 $209,200
2016 $3,494 $165,500 $15,000 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4513294

PrimeMLS

APN: 522-164-10272