Convenience and rental potential! This cozy home is situated in the heart of Malletts Bay, with quick access to numerous public beaches, parks, the drive-in theater, shopping, and local eateries! A 15 minute drive to Burlington, you have all of the resources of the city while living in a quiet and tree-lined neighborhood. The upstairs of this raised ranch is a clean and comfortable home with wood floors throughout the living spaces. Relax in front of the gas fireplace or entertain in the formal dining space. The spacious, flat backyard is also a prime spot to relax with friends and family. The lower level apartment has been rented long-term, earning a consistent income for the homeowner. Options about for uses of the space for the future owner! Showings to begin 12/21/24 following Open House
Property Details
Property Features
Property Information:
Year Built: 1977
Stories: 2
Living Area: 2,185 SqFt
Listing Office:
Office Name: KW Vermont
Office Phone: (802) 654-8500
Listing Agent: Josh Bara
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.53 Acres
Utilities
Utilities Information:
Heating: Baseboard
Other
Directions Information:
Directions: From I89, take exit 16 onto US-2 W/US-7 N. Turn left onto VT-127 S. Continue straight onto W Lakeshore Dr then Continue onto Holy Cross Rd. Take a Sharp left onto Porters Point Rd and then a right onto River Road. Property will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $539,500
Price Per SqFt: $247/SqFt
Tax Information:
Annual Amount: $5,190
Tax Year: 2020
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 Colchester, 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: 12/17/2024, 11:55:51 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
$5,190
-
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.
$2,760
Per Month
Principal & Interest
$2,693
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
$1,684
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
5
/10
J. J. Flynn Elementary School
1645 North Ave
Distance between this listing and this school1.85 miles
Public District Grades PK-5
4
/10
C. P. Smith Elementary School
332 Ethan Allen Pkwy
Distance between this listing and this school2.35 miles
Public District Grades KG-5
5
/10
Malletts Bay School
Blakely Road
Distance between this listing and this school2.83 miles
Public District Grades 3-5
Nearby Schools
4
/10
Lyman C. Hunt Middle School
1364 North Ave
Distance between this listing and this school2.22 miles
Public District Grades 6-8
4
/10
Colchester Middle School
425 Blakely Rd
Distance between this listing and this school2.73 miles
Public District Grades 7-8
2
/10
Winooski Middle School
80 Normand St
Distance between this listing and this school5.10 miles
Public District Grades 6-8
Nearby Schools
7
/10
Colchester High School
131 Laker Lane
Distance between this listing and this school2.54 miles
Public District Grades 9-12
4
/10
Burlington High School
52 Institute Rd
Distance between this listing and this school3.57 miles
Public District Grades 9-12
1
/10
Winooski High School
80 Normand St
Distance between this listing and this school5.10 miles
The neighbors living near this home have an average income of $80,599. The most common annual income of people living in Colchester, VT is between $35k-100k. The most common type of family is married, 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 57 River Rd
What is the listing price of this property?
The listing price of 57 River Rd property is $539,500.
What type of property is this?
The property 57 River Rd is land located in Colchester, Vermont, 05446.
Is this property for sale now?
Active Listing: 57 River 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 2020 is $5,190 (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 57 River Rd in Colchester, VT and zip code 05446. This 2,185 square foot home, which was built in 1977, sits on a 0.53 acre lot. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $539,500.
Colchester, VT housing market in November 2024 saw over 5 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. The number of listings in Colchester, VT decreased by 6.5% between October 2024 and November 2024.
From Rocket Homes Real Estate and based on county public records data.