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491 Elm St, Montpelier, VT, 05602

$598,000

Home List Price

$7,101*

Closing Credit

3 Bedrooms
3 Full Baths
2,950 SqFt
$203/SqFt
House

Location

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491 Elm St, Montpelier$598,000

Buyer Closing Credits

$7,101*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAuto Open, Direct Entry, Driveway, Garage, Attached
Garage2 spaces
Year Built1951
HeatingForced Air
CoolingNone
BasementYes
MLS #5017368
Lot Size2.30 Acres
StatusActive

About 491 Elm St

Discover your dream home on 2+ acres of picturesque land, with meadows stretching to the peaceful North Branch River. This contemporary gem offers a perfect mix of serene countryside living just minutes from Montpelier’s vibrant downtown. Inside, a single-level layout is designed for modern comfort and entertaining. The spacious kitchen flows seamlessly into a large dining area and a cozy living room featuring a fireplace, wood floors, and expansive windows that flood the space with natural light. On the opposite end of the home, three bedrooms provide ample privacy, including one with an en suite bathroom and spacious shower. Recent updates like new flooring and fresh exterior paint ensure a move-in-ready experience. The lower level boasts bonus living space, a three-quarter bath, and a large, partially finished rec room, ideal for hobbies or relaxation. French doors lead outside to a deck overlooking the yard, which gently slopes to the riverbank. Enjoy kayaking from your backyard or simply savor the peaceful riverside setting. This energy-efficient sanctuary includes Tesla Solar panels. With proximity to Hubbard Park trails, recreational facilities, and Montpelier’s downtown, this property offers an idyllic retreat with urban convenience. Join us for an open house on Saturday, 10/5, from 10am-1pm

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 2,950 SqFt

Listing Office:

  • Office Name: Heney Realtors - Element Real Estate (Montpelier)
  • Office Phone: (802) 229-0345
  • Listing Agent: Lucy Ferrada

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Washer, Electric Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Wood
  • Interior: Fireplace - Wood, Natural Light, Laundry - 1st Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Garden Space, Outbuilding, Shed

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Auto Open, Direct Entry, Driveway, Garage, Attached

Lot Features

Lot Information:

  • Lot Size: 2.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From State St. turn onto Elm St. (VT Rt. 12). House on right past Cummings St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $598,000
  • Price Per SqFt: $203/SqFt

Tax Information:

  • Annual Amount: $8,374
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montpelier, VT.

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Montpelier, VT

City

Med. List Price

$384.5K

Med. Price/SqFt

$256

Avg. Days On Market

46

# of Sold Homes

7

491 Elm St vs Montpelier

41 DAYS ON ROCKET

-5 Days

$598,000

+$213.5K More

$203/SqFt

-$53 Less

KEY TAKEAWAY

This property is $213.5K more than the Median List Price and $53/SqFt less than other homes in Montpelier, VT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #5017368

Listing Office:

  • Office Name: Heney Realtors - Element Real Estate (Montpelier)
  • Office Phone: (802) 229-0345
  • Listing Agent: Lucy Ferrada

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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: 11/14/2024, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2014Home Sold
$304,900
Jun 29, 2007Home Sold
$386,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,374$306,500
2019$8,503$306,500
2018$8,233$306,500
2017$8,219$306,500

History based on county public records data.

Payment Calculator

$3,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,859

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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.

Nearby Schools

school-card-donut-265070
4
/10

  • Union Elementary School

  • 1 Park Ave

  • 0.96 miles

  • Public District Grades PK-4

school-card-donut-265071
6
/10

  • East Montpelier Elementary School

  • 665 Vincent Flats Rd

  • 3.92 miles

  • Public District Grades PK-6

school-card-donut-265072
4
/10

  • Berlin Elementary School

  • 372 Paine Tpke N

  • 4.07 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,032. Residents of Montpelier, VT typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 491 Elm St

What is the listing price of this property?

The listing price of 491 Elm St property is $598,000.

What type of property is this?

The property 491 Elm St is a house located in Montpelier, Vermont, 05602.

Is this property for sale now?

Active Listing: 491 Elm St 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 2020 is $8,374 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 7, 2014 for $304,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 491 Elm St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 491 Elm St is 2,950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 491 Elm St is 1951.

Rocket Homes›Vermont›Washington County›Montpelier›05602›491 Elm St

This home is located at 491 Elm St in Montpelier, VT and zip code 05602. This 2,950 square foot home, which was built in 1951, sits on a 2.30 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $598,000.

The number of homes for sale in Montpelier, VT increased by 100% between September 2024 and October 2024. While the average time on the market in October 2024 was 46 days, the median list price was $384,500.

From Rocket Homes Real Estate and based on county public records data.

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