Quintessential Vermont A frame home nestled on a wooded lot, in one of the most sought after areas of Ludlow. This home is located a few hours drive from NYC and Boston. It's just minutes from Ludlow and Okemo Ski Resort, Jackson Gore and literally seconds from access to the VAST snowmobile trail. There is deeded access to Lake Pauline across the road, and is minutes from Fox Run Golf Course and Echo Lake. It boasts a deck for outdoor meals and a wood stove for cold winter nights. It has a new mound septic system, mini-splits for air conditioning and heat, new vinyl flooring on the first floor and recently renovated driveway with drainage. The public spaces on the main level have an open dining/living/kitchen area with large windows and sliding door leading to the deck. There are 2 bedrooms with a bathroom. As an added bonus there is a loft upstairs! The lower level has a bedroom apartment with a separate entry and common mudroom. Two outbuildings provide storage for your snowmobiles or ATV's. Amazing view of Okemo Ski Area. Possible income potential for long or short term rental. This home opens up many possibilities as income property or a family home in which to make many wonderful memories! This is also listed as a single family MLS number 5020649
Property Details
Property Features
Property Information:
Year Built: 1969
Living Area: 1,781 SqFt
Listing Office:
Office Name: TPW Real Estate
Office Phone: (802) 228-9400
Listing Agent: John Napier
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Parquet, Vinyl Plank
Exterior Features
Exterior Information:
Exterior: Deck, Outbuilding, ROW to Water
Parking Information:
Parking: Driveway, Parking Spaces 6+
Lot Features
Lot Information:
Lot Size: 9.10 Acres
Utilities
Utilities Information:
Heating: Baseboard, Electric, Other, Zoned
Cooling: Zoned
Other
Directions Information:
Directions: From Ludlow take route 103 north, take right on route 100 north go about 1 mile take right on East Lake Rd. 400 on right look for sign.
Price Information
Listing Price Info
Price Summary:
List Price: $550,000
Price Per SqFt: $309/SqFt
Tax Information:
Annual Amount: $2,416
Tax Year: 2019
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ludlow, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
$123,100
2019
$2,416
$123,100
2018
$2,396
$123,100
2017
$2,301
$123,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,813
Per Month
Principal & Interest
$2,746
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,715
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Ludlow Elementary School
45 Main St
Distance between this listing and this school2.91 miles
Public District Grades PK-6
6
/10
Albert Bridge School
108 Brownsville Hartland Road
Distance between this listing and this school11.36 miles
Public District Grades KG-6
5
/10
Chester Andover Elementary School
72 Main St
Distance between this listing and this school13.04 miles
Public District Grades PK-6
Nearby Schools
2
/10
Riverside Middle School
13 Fairground Rd
Distance between this listing and this school13.61 miles
Public District Grades 6-8
7
/10
Weathersfield School
1355 Schoolhouse Road
Distance between this listing and this school14.37 miles
Public District Grades KG-8
5
/10
Flood Brook School
91 VT Route 11
Distance between this listing and this school16.02 miles
Public District Grades PK-8
Nearby Schools
6
/10
Green Mountain Union High School
716 VT Route 103 S
Distance between this listing and this school14.03 miles
Public District Grades 7-12
9
/10
Woodstock Union Middle / High School
496 Woodstock Rd # 1
Distance between this listing and this school14.05 miles
Public District Grades 7-12
4
/10
Windsor School
127 State St
Distance between this listing and this school15.27 miles
The neighbors living near this home have an average income of $43,462. Residents of Ludlow, VT typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 400 E Lake Rd
What is the listing price of this property?
The listing price of 400 E Lake Rd property is $550,000.
What type of property is this?
The property 400 E Lake Rd is land located in Ludlow, Vermont, 05149.
Is this property for sale now?
Active Listing: 400 E Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $2,416 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 400 E Lake Rd in Ludlow, VT and zip code 05149. This 1,781 square foot home, which was built in 1969, sits on a 9.10 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $550,000.
In October 2024 in Ludlow, VT there were 48% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $695,000, while the average time on the real estate market was 90 days.
From Rocket Homes Real Estate and based on county public records data.