CURRENTLY COMMERCIAL WHILE ALSO FEATURING RESIDENTIAL OPPORTUNITY IF DESIRED. Don't miss out on this one-of-a-kind opportunity located in the coveted Village Center District of Jericho, bordering downtown Underhill. Formerly a church, the current structure has been transformed into a successful commercial storefront, home to GTG Hydroponics for years. While the commercial opportunity has been readily apparent & battle tested for decades, it's also a tremendous residential opportunity factoring in location, convenience, & intangible strengths like school districts, proximity to amenities, & a high quality of life in a desirable area for tenants or owner occupants alike. As you enter the building, you'll be wow'd by the high cathedral ceilings, original stained glass windows, & original church bell hanging proudly in the refurbished bell tower. Your next thought will be the tremendous opportunity that comes with the space; both in the main structure which is complete with bathroom, utility room, double vaulted office, & full basement, as well as the rectory which also boasts a bathroom, it's own heat & hot water, & tremendous additional flex space. Truly, the potential is limitless & thanks to the flexible zoning parameters of the Village Center District in which the property resides, the opportunities are endless. Seize the opportunity to invest in a property that combines history, functionality, opportunity, & versatility, setting the stage for its next exciting chapter!
Property Details
Property Features
Property Information:
Year Built: 1920
Stories: 1
Living Area: 1,822 SqFt
Listing Office:
Office Name: KW Vermont
Office Phone: (802) 654-8500
Listing Agent: Livian Vermont
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Wood
Exterior Features
Exterior Information:
Exterior: Building
Lot Features
Lot Information:
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $550,000
Price Per SqFt: $302/SqFt
Tax Information:
Annual Amount: $5,200
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
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: 5/23/2024, 12:20:35 AM 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
$5,200
$234,500
2019
$4,784
$234,500
2018
$4,638
$234,500
2017
$4,651
$234,500
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
Founders Memorial School
33 Founders Rd
Distance between this listing and this school5.43 miles
Public District Grades 3-5
7
/10
Summit Street School
17 Summit St
Distance between this listing and this school8.58 miles
Public District Grades PK-3
8
/10
Cambridge Elementary School
186 School St
Distance between this listing and this school10.12 miles
Public District Grades PK-6
Nearby Schools
8
/10
Essex Middle School
60 Founders Rd
Distance between this listing and this school5.85 miles
Public District Grades 6-8
4
/10
Westford Elementary School
146 Brookside Rd
Distance between this listing and this school6.52 miles
Public District Grades PK-8
9
/10
Albert D. Lawton School
104 Maple St
Distance between this listing and this school8.00 miles
Public District Grades 6-8
Nearby Schools
10
/10
Essex Community Education Center Uhsd #46
2 Educational Dr
Distance between this listing and this school8.33 miles
Public District Grades 9-12
4
/10
Bfa High School - Fairfax
75 Hunt St
Distance between this listing and this school10.17 miles
Public District Grades 9-12
7
/10
Milton Senior High School
17 Rebecca Lander Dr
Distance between this listing and this school11.17 miles
The neighbors living near this home have an average income of $91,019. The most common annual income of people living in Chittenden County, VT is between $100k-200k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 394 Vt Route 15
What is the listing price of this property?
The listing price of 394 Vt Route 15 property is $550,000.
What type of property is this?
The property 394 Vt Route 15 is land located in Jericho, Vermont, 05465.
Is this property for sale now?
Active Listing: 394 Vt Route 15 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 $5,200 (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 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 394 Vt Route 15 in Jericho, VT and zip code 05465. This 1,822 square foot home, which was built in 1920, sits on a 0.34 acre lot. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $550,000.
The inventory of homes for sale in Chittenden County, VT between March 2024 and April 2024 increased by 108.9%. While the average time on the market in April 2024 was 48 days, the median list price was $499,000.
From Rocket Homes Real Estate and based on county public records data.
© 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. 
Hunting
Hunting
Figure Skating
NASCAR
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country