167 Main Street, Derby, VT, 05830 | $499,900

Originally built in 1861 for Walter Cobb, director of the local bank, this finely detailed two-story Italianate house was later purchased by merchant Austin T. Foster. Steeped in history, this stately home retains many features from its past, including a wood-burning marble fireplace, ornate brass light fixtures, and a grand central staircase. Recent updates include plumbing and new wiring, as well as a total renovation of the kitchen, which boasts custom two-tone cabinetry, quartz countertops, a spacious center island, wet bar, and two sets of French doors to the side yard and deck. Within the 4, 226 sq. ft. of finished living space there are 12 rooms, including a formal living room, formal dining room, den/library with built-in shelves, and primary bedroom with en suite ¾ bath on the main floor. Each side of the second level offers 2 spacious bedrooms with Jack and Jill ¾ baths. Another ¾ bath at the top of the stairs has access to the former maid’s quarters, consisting of approximately 1, 000 sq. ft. awaiting your ideas for finishing. The attached garage offers a plethora of storage on 2 levels. Standing tall and proud on 1. 29 acres, this house is surrounded by a variety of lush plant life, lawn areas, and privacy hedges. This in-town property offers a variety of possibilities, from a bed & breakfast to Airbnb rentals, or for those seeking a large home with an interesting story, you’ll want to see this truly special home.

Features

  • Amenities: Landscaping
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 three-quarter / 1 half
  • Style: Colonial,Historic Vintage
  • Year Built: 1860
  • Garage: 2-car Garage
  • Heating: Oil,Forced Air
  • Cooling: None
  • Basement: Crawl Space,Full,Interior Access
  • Approx Sq. Feet: 4,226
  • Acreage: 1.29
  • Est. Taxes: $8,663
  • Lot Desc: Landscaped,Level,Street Lights
  • Elem. School: Derby Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: Derby School District
  • MLS#: 5012095
  • Website: https://www.raveis.com
    /prop/5012095/167mainstreet_derby_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 11/21/2024
Listing courtesy of Century 21 Farm & Forest   Phone: 802-334-1200
Listing Agent: Daniel Maclure

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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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167 Main Street, Derby, VT, 05830

$499,900

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 $399,920 $399,920 $399,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $722 $722 $722
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,661 $2,658 $3,373
Total Monthly Payment $3,458 $3,455 $4,170

* 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.