283 Main Street, Montgomery, VT, 05471 | $375,000

Welcome to this stunning 4-bed, 3-bath Colonial, a beautifully preserved gem from the 1800s that seamlessly blends timeless charm with modern comforts and income potential. Spanning nearly 4, 000 sqft, this move-in-ready home exudes warmth and character at every turn. Step inside to a bright and airy seating room that flows into a cozy living room, where a remarkable stone fireplace with built-in wood storage steals the show. The open-concept kitchen and dining area are bathed in natural light from expansive windows, creating the perfect setting for gatherings. The kitchen boasts a second wood-burning stove and abundant cabinet storage, while the first bathroom conveniently completes the main level. Upstairs, you'll find all four bedrooms, including a generously sized master and a second full bath. The 1, 500 sqft unfinished basement offers endless potential for additional storage, laundry, and more. Outside, the expansive backyard is perfect for relaxing by the fire pit or enjoying the tranquil stream that runs along the property. The two-car attached garage now includes a studio apartment with private access through the garage, ideal for generating short term/long rental income or providing a cozy guest suite. Located just 10 minutes from the sought-after Jay Peak Resort and skiing, this property offers both serene living and easy access to local attractions and amenities. This well-maintained home is ready for its next family to move in and create lasting memories.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Colonial
  • Year Built: 1880
  • Garage: 2-car Garage
  • Heating: Baseboard,Hot Water
  • Cooling: None
  • Basement: Concrete Floor,Dirt Floor
  • Approx Sq. Feet: 2,383
  • Acreage: 0.38
  • Est. Taxes: $3,275
  • Lot Desc: Level,Stream
  • Elem. School: Montgomery Elementary School
  • School District: Montgomery School District
  • MLS#: 5010085
  • Website: https://www.raveis.com
    /prop/5010085/283mainstreet_montgomery_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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. Data last updated 9/19/2024
Listing courtesy of KW Vermont   Phone: 802-654-8500
Listing Agent: Livian Vermont

William Raveis Family of Services

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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283 Main Street, Montgomery, VT, 05471

$375,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $300,000 $300,000 $300,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 5.990% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.470% 6.161% 5.248%
Monthly Tax Payment $273 $273 $273
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,823 $1,797 $2,371
Total Monthly Payment $2,171 $2,145 $2,719

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.