Available Homeownership Grants
Addison Housing Works is not a real estate broker or agent, and does not represent buyers or sellers in real estate transactions. We provide a forum for owners in our affordable housing program to publish their own listings, and share opportunities for moderate-income county residents to participate in an affordable home-ownership program sponsored by the state of Vermont. Purchasers get the benefit of a down-payment grant, and in exchange share appreciation with future buyers. Please call Michelle at 877-2626 x 116 to learn about these programs, or read about them on our website at www.addisonhousingworks.org/shared-equity-program.
Listings - In order to view a listing below you must provide a mortgage pre-approval letter for the amount that needs to be financed (or above).
For information regarding these properties please contact Michelle at 877-2626 ext. 116 or via email.
Listings - In order to view a listing below you must provide a mortgage pre-approval letter for the amount that needs to be financed (or above).
For information regarding these properties please contact Michelle at 877-2626 ext. 116 or via email.
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OFF THE MARKET
$158,000 Address: 5477 Stage Road Benson, VT 05743 Bedrooms: 4 Bathrooms: 1 Market Value: $220,000.00 ACCT Grant: $62,000 Net Price to Buyer: $158,000 (Income Limits Apply) Details: This lovely 4 bedroom, cape-style home, built in 1991, is located in a quiet rural-residential neighborhood in between the small village centers of Benson and Orwell. The first floor has a spacious open floor plan that allows for plenty of natural light that comes through the two large windows located in the living room. The spacious full bathroom has ample counter space with two sinks and a jetted whirlpool tub. This home would be great for a family, as it contains four commodious bedrooms, with two upstairs and two downstairs. This home is completed with a walk-out basement with cement flooring and one partially finished room that can be an additional bedroom, office, or creative space. If you need additional storage space, this home also offers a covered storage area on the outside of the home. Situated on .99 acres of land, there is so much to offer for beautiful perennials and several flower gardens. There are also a deck attached to the home, which would be great for hosting get-togethers on. You will also notice an additional deck on the property, where a pool used to be. It would be a great spot to add another pool or use to host people. The past homeowners had a bar and a fire pit in the location. So many ideas for this home and land! For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Taxes: $2,186.00 (2023) |
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OFF THE MARKET
$251,105 Address: 55 Cottage Lane Middlebury, VT 05753 Bedrooms: 3 Bathrooms: 3 Market Value: $380,000 ACCT Grant: $128,895 Net Price to Buyer: $251,105 (Income Limits Apply) This beautiful contemporary-style home is in a lovely quiet cul-de-sac area. This home has a bright open living room, cozy kitchen and dining area with sliding doors that open to a spacious balcony. Downstairs you will also find plenty of closet space, two spacious bedrooms and two full bathrooms. This home also has a beautiful partially finished basement with an additional family space, large bedroom and bathroom. There is also an unfinished section, that can be used for more storage, workout room and laundry room. If the balcony wasn’t enough, outside the door of the finished basement is a spacious back deck, overlooking the backyard. This home also has a covered front porch and large two-car garage. This spacious home is full of so much storage space, which would be great for a family. Not only is this home located in walking distance to downtown Middlebury, schools, grocery stores, it is also close to Bristol, Vergennes, and 45 minutes to Burlington. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet Taxes: $4,986.00 |
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SOLD
$195,000 Address: 115 Mountain Street Bristol, VT 05443 Bedrooms: 5 Bathrooms: 1.5 Market Value: $300,000 ACCT Grant: $105,000 Net Price to Buyer: $195,000 (Income Limits Apply) This lovely two-story home sits on about a half-acre and is about a 20-minute walk to Main Street in Bristol. This home has a unique setup and would be great for a large family or anyone looking for a lot of space. On the first floor you will find a living room, half bath, and a kitchen with lots of light coming through the glass doors that lead to the back deck. On the second floor are three bedrooms and a full bath. There is also an additional second floor, above the two-car garage that has a large family room with a woodstove and two additional bedrooms. Access to this area can be by the other second floor or the garage. Outside of the home you will find a spacious back deck with an above-ground pool and hot tub and partially private backyard. This home also has a finished basement. This is great location to live, with it being 40 minutes from Burlington, 20 minutes from Middlebury, and only a few short minutes to great hiking and swimming in the town of Lincoln. * If you would like to see more images, please reach out to Michelle at [email protected]. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet Taxes: $3,967.00 |
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RECENTLY SOLD
$159,000 Address: 50 West Street Bristol, VT 05443 Bedrooms: 3 Bathrooms: 2.5 Market Value: $238,000 ACCT Grant: $79,000 Net Price to Buyer: $159,000 (Income Limits Apply) This lovely 3-bedroom Village-Style Home, built in 1905, sits on 0.2 acres of land. This home has so much character and space. The first floor has an open entryway with a beautiful stone design in the corner. Downstairs you will find a decent sized kitchen, half bath, and a spacious dining room and living room. Upstairs you will find the spacious Master bedroom with its own full bathroom. This Master Bedroom also has two glass doors that open to a balcony, with views of the mountains. Upstairs you will also find another full bathroom and two additional rooms. This home has a partially finished basement with plenty of space to make your own. Outside you will find the home has a spacious covered porch in front and a large deck in the backyard, along with a shed for extra storage. This home is in walking distance to Bristol’s shops, dining, the park, Mount Abe and is right across from the Village Creemee Stand! Yum! It is also a short drive to all the hiking trails in the area, 15 minutes to Middlebury and Vergennes and 45 minutes to Burlington. Who couldn’t ask for a better home in Bristol, with a great location, plenty of space, lots of character and well loved. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet Taxes: $3,459.00 |
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RECENTLY SOLD
$174,940 Address: 249 Dove Lane Ferrisburgh, VT 05456 Bedrooms: 3 Bathrooms: 2 Market Value: $280,000.00 ACCT Grant: $105,060 Net Price to Buyer: $174,940 (Income Limits Apply) Sitting on 6.6 acres and located on a private road, this ranch-style home is perfect for that privacy some homeowners seek. This cozy home has a beautiful living room with large windows to welcome the sunshine in. The kitchen is a decent size with lots of storage and counter space with an open dining room and a small mudroom, that is currently the laundry area. This home also comes with three bedrooms and two full bathrooms. The spacious and clean basement of this home offers so much free space as well. This home is only five minutes away from the Town of Vergennes, eight minutes to The Basin Harbor Club, and close to Middlebury and Burlington. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet Taxes: $3,663.00 |
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RECENTLY SOLD
$209,000 Address: 49 Cottage Lane Middlebury, VT 05753 Bedrooms: 2 Bathrooms: 1.5 Market Value: $310,000.00 ACCT Grant: $101,000 Net Price to Buyer: $209,000 (Income Limits Apply) This beautiful farm-style home is in a lovely quiet cul-de-sac area. This home has a bright open living room and dining area. The kitchen that has plenty of storage and counter space. Upstairs you will find two spacious sized-bedrooms, one full bathroom and an unfinished larger room, above the garage, waiting for the right person to make it their own. This home also has a beautiful partially finished basement, covered front porch and large two-car garage. Outside you will find a lovely garden area and cement stairs leading down to the backyard. This spacious home is full of so much storage space, which would be great for a family. Not only is this home located in walking distance to downtown Middlebury, schools, grocery stores, it is also close to so many of the other popular towns like Bristol, Vergennes, and an hour to Burlington. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet Taxes: $4,371.00 RECENTLY SOLD
$156,000 Address: 99 Taylor Meadow Road Hancock, VT 05748 Bedrooms: 3 Bathrooms: 1 Market Value: $156,000.00 ACCT Grant: $51,000 Net Price to Buyer: $105,000 (Income Limits Apply) Details: This lovely cape-style house sits on .42 acres and is located in a residential neighborhood, within walking distance to all small shops, post office and town offices. This home has a front porch that has been converted into a mud room. On the first floor, there is a living room, kitchen and three bedrooms. Located on the second floor is an open-floor plan, currently being used as the master bedroom. This home also has a partially finished basement. Outside you will find a back deck, pool, storage shed, and a fenced in yard, providing some privacy. In the front of the house is an 16’X24’ garage, that will need to have the siding finished. This home has a few areas that will need some finishing in the partially finished basement, second floor, wall between the living room and mud room, and the garage. This home is move-in ready, waiting for the new owner to add the finishing touches. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet Taxes: $2,011.00 |
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RECENTLY SOLD
$145,000 Address: 8C Country Commons Vergennes, VT 05491 Bedrooms: 2 Bathrooms: 1.5 Market Value: $207,000.00 ACCT Grant: $62,000 Net Price to Buyer: $145,000 (Income Limits Apply) Details: A well maintained, 2-bedroom condo located in the Country Commons development in Vergennes. The first floor has an open floor plan that allows for plenty of natural light, complemented by a spacious kitchen and half bath. Two commodious bedrooms with exceptional closet space and a full bath/laundry complete the second floor. This quaint condo is completed with a partially finished basement perfect for a workout space, office, and/or activity area. Off the living room is a tranquil, private back porch with yard space for a fire pit, games, or picnics. The unit comes with a detached, one-car garage, five raised beds, and a private compost bin. On one of the best roads in Vergennes for walking or running, within walking distance to downtown Vergennes, and less than 25 minutes to Middlebury, this condo has so much to offer. For additional information, please visit this link. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet HOA: $170/mo for road maintenance Taxes: $3,468.00 |
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RECENTLY SOLD $135,000 Address: 5477 Stage Road Benson, VT 05743 Bedrooms: 4 Bathrooms: 1 Market Value: $170,000.00 ACCT Grant: $35,000 Net Price to Buyer: $135,000 (Income Limits Apply) Details: This lovely 4 bedroom, cape-style home, built in 1991, is located in a quiet rural-residential neighborhood in between the small village centers of Benson and Orwell. The first floor has a spacious open floor plan that allows for plenty of natural light that comes through the two large windows located in the living room. The spacious full bathroom has ample counter space with two sinks and a jetted whirlpool tub. This home would be great for a family, as it contains four commodious bedrooms, with two upstairs and two downstairs. This home is completed with a walk-out basement with cement flooring and one partially finished room that can be an additional bedroom, office, or creative space. If you need additional storage space, this home also offers a covered storage area on the outside of the home. Situated on .99 acres of land, there is so much to offer with beautiful perennials and several flower gardens spread out on the property. There are also two decks, great for hosting get-togethers on. While one is attached to the home the other used to be used for a pool, that is no longer there. The current homeowner has made it into a lovely entertainment space, that can be seen in the pictures. For additional information about our Shared Equity Program or to apply, please go to https://www.addisontrust.org/shared-equity-program.html. Info Sheet Taxes: $2,063.00 (2020) |
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RECENTLY SOLD
$46,500 Address: 7 Vaughn Ct Monkton, VT 05473 Bedrooms: 3 Bathrooms: 1 Market Value: $123,000.00 ACCT Grant: $76,500 Net Price to Buyer: $46,500 (Income Limits Apply) Details: This well-maintained Vermod built in 2014 is located in a small quiet park within an easy commute to Burlington as well as Middlebury, Bristol, and Vergennes. Ten-inch walls and a centrally controlled heat pump keep this home toasty warm in winter and cool in summer. Easy one-level living, with open plan kitchen/living/dining room. Ready to move right in! Info Sheet Lot Rent: $370/mo includes road maintenance, trash removal, water/sewer. Taxes: $1,297.82 |
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RECENTLY SOLD
$213,269.00* Address: 81 Cottage Lane Middlebury, VT 05753 Bedrooms: 3 Bathrooms: 2.5 Market Value: $295,000.00 ACCT/VHCB Grant: $81,731.00 Net Price to Buyer: $213,269.00 (Income Limits Apply) Details: This exquisite Colonial home was built in 2012 and is in the perfect spot. Cottage Lane is a hop, skip and a jump from any Middlebury location. This home is convenient and just a short walking distance to the area schools. The home opens up to the kitchen with a spacious living area and dining room. The second floor has two bedrooms and a full bath. The washer and dryer are conveniently located on the second floor and concealed in a closet. In 2015 the basement was finished to create a master bedroom with a full bathroom. Cork floors were put in on the second floor and in the master as well. There are hardwood floors in the living room and kitchen. Beautiful cabinetry, storage in the basement and a 2 car garage with additional storage are just a few extras that will make this home a must see. HOA fees: $93.00 per quarter for road maintenance. Taxes: $3,762.33 |
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RECENTLY SOLD
$128,500* Address: 14 Evergreen Lane Middlebury, VT 05753 Bedrooms: 2 Bathrooms: 1 Market Value: $168,000 ACCT/VHCB Grant: $39,500 Net Price to Buyer: $128,500* Details: This beautifully maintained condo, set in a desirable Middlebury East location, is move-in ready. A stone's throw from Middlebury, this condo has hardwood floors in the spacious living room and a galley kitchen. The fenced in private back porch allows for everyone to safely enjoy some outdoor space. The second floor consists of two bedrooms and a full bath. Worried about storage? Don't be! The front bedroom has two closets while the back bedroom has three. This unit is a must see! HOA fees: $191.00; includes building maintenance, yard maintenance, trash and snow services. Taxes: $2,492 (2018) *Income Limits Apply |