Bought with Michael Tragner • Fountains Land Inc.
$668,000
$680,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
1,071 Acres Lot
SOLD DATE : 06/28/2018
Key Details
Sold Price $668,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4682711
Sold Date 06/28/18
Annual Tax Amount $1,540
Tax Year 2017
Lot Size 1071.000 Acres
Acres 1071.0
Property Description
An affordable timber and sugarbush opportunity with attractive species composition, productive soils, secure access and excellent asset appreciation potential. Gentle to moderate slopes are common on the majority of the land with a predominantly east facing aspect. The west-to-east sloping terrain provides soils that are predominately well-drained and highly productive. Elevation ranges from 2,460’ to 1,510’. A species composition of predominantly hardwoods prevails. Species composition for all products combined is led by sugar maple followed by yellow birch, American beech, and red maple. The sawlog volume breakdown consists largely of sugar maple and yellow birch. Forest density can generally be considered as fully stocked, and stem quality is generally average for the region. Recent data has produced a property-wide Capital Timber Value of $776,400. The property offers a potential sugarbush opportunity with a total potential tap count of 36,307 taps, with roughly 95% of the taps from sugar maple. Also, the timber data indicate that an additional 11,000 taps will become available in the coming decades from the maple resource within the 5-8” diameter class.
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning unknown
Building
Lot Description Conserved Land, Country Setting, Recreational, Sloping, Stream, Timber, Trail/Near Trail, Wooded
Sewer None
Water None
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