Price Reduced after just 3 weeks on market! Priced to sell. Set on approximately 2.5 acres, the property includes a roughly 11,500 sq. ft. former school building with road access, municipal water and sewer, and Medium Density Residential zoning. This property offers significant potential for multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the building into 8 rental apartments, daycare or educational space, community space, or a mixed-use project. The larger site may also support additional development concepts, including approximately 12 small homes, subject to permitting. Springfield continues to benefit from 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, and Woodstock. With existing residential zoning this property is well-suited for developers or investors. Floor plan and inspection available upon request.
Active under contract
Listed by: OwnerEntry.com • Dave White
Price cut: $40K (6/30)
$199,000
199 Summer Street, Springfield, VT 05156
9beds
11,500sqft
Condominium
Built in 1920
-- sqft lot
$-- Zestimate®
$17/sqft
$-- HOA
What's special
- 73 days |
- 1,166 |
- 65 |
Zillow last checked:
Listing updated:
Listed by:
Dave White,
OwnerEntry.com 617-542-9300
Source: PrimeMLS,MLS#: 5092901
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Hot Water, Radiator
Cooling
- None
Features
- Basement: Full,Interior Entry
Interior area
- Total structure area: 12,499
- Total interior livable area: 11,500 sqft
- Finished area above ground: 11,500
- Finished area below ground: 0
Property
Parking
- Total spaces: 20
- Parking features: Paved
- Garage spaces: 20
Features
- Levels: Two
- Stories: 2
- Frontage length: Road frontage: 1
Lot
- Size: 2.5 Acres
- Features: Other
Details
- Parcel number: 60619013543
- Zoning description: r
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Brick Exterior
- Foundation: Brick, Other
- Roof: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: On-Site
- Sewer: Public Sewer
- Utilities for property: Other
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $17/sqft
- Tax assessed value: $105,100
- Annual tax amount: $3,793
- Date on market: 6/4/2026
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Price change | $199,000-16.7%$17/sqft |
Source: | ||
| 6/4/2026 | Listed for sale | $239,000+2367.2%$21/sqft |
Source: | ||
| 9/13/2024 | Sold | $9,687-89.4%$1/sqft |
Source: Public Record Report a problem | ||
| 5/6/2016 | Sold | $91,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $105,100 |
| 2023 | -- | $105,100 |
| 2022 | -- | $105,100 +16.3% |
| 2021 | -- | $90,400 |
| 2020 | -- | $90,400 |
| 2019 | -- | $90,400 |
| 2018 | -- | $90,400 -9.6% |
| 2017 | -- | $100,000 -90.5% |
| 2016 | -- | $1,050,000 |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 05156
Nearby schools
GreatSchools rating
- 4/10Union SchoolGrades: 3-5Distance: 0.8 mi
- 2/10Riverside SchoolGrades: 6-8Distance: 1.4 mi
- 2/10Springfield High SchoolGrades: 9-12Distance: 1.1 mi
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