22 Ridge Street, Montpelier, VT, 05602 | $695,000

Discover a piece of history with modern charm in this beautifully updated home. Originally part of the Sloan Civil War Hospital on the Vermont College campus it was relocated to its current site on Ridge Street after the war. This historic gem is in a desirable neighborhood with easy access to Downtown Montpelier, Vermont College, and local schools. The meticulously maintained yard offers serene patio space and lush gardens. Inside, the thoughtfully designed custom kitchen features stone counters, cork floors, and stainless steel appliances. The adjacent sunroom, with soaring ceilings and 3 walls of windows, bathes the space in natural light and offers a stunning garden view. A nearby 3/4 bath and laundry area add to the home's functionality. Dine in style in the formal dining room, with built-in cabinetry, or unwind in the cozy den, with a classic Rumford Design fireplace. The living room at the front of the home has custom bookcases and shelving. The bright front foyer leads to the second floor, where a spacious common area connects 3 bedrooms, a study/studio, and a full bath. Ample storage is available with a large linen closet. The basement offers utility space, including a hot water boiler with four zones, new fuel oil tank, and air source heat pump water heater. A new main water line connects the home to the City water main. This residence blends historic charm with modern comforts - perfect for those seeking a unique home in vibrant Montpelier. Showings begin 9/6.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 1 full / 1 three-quarter
  • Style: New Englander
  • Year Built: 1863
  • Heating: Baseboard,Hot Water
  • Cooling: None
  • Basement: Crawl Space,Full
  • Approx Sq. Feet: 1,894
  • Acreage: 0.2
  • Est. Taxes: $9,809
  • Lot Desc: City Lot,Landscaped,Sidewalks
  • Elem. School: Union Elementary School
  • Middle School: Main Street Middle School
  • High School: Montpelier High School
  • School District: Montpelier School District
  • MLS#: 5012466
  • Website: https://www.raveis.com
    /eprop/5012466/22ridgestreet_montpelier_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 9/20/2024
Listing courtesy of Heney Realtors - Element Real Estate (Montpelier)   Phone: 802-229-0345
Listing Agent: Timothy Heney

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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

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Our Insurance Division:

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22 Ridge Street, Montpelier, VT, 05602

$695,000

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 $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $817 $817 $817
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,378 $3,378 $4,394
Total Monthly Payment $4,287 $4,287 $5,303

* 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.