Burlington · Commercial sale

Commercial property at 485 Vermont Route 15 in Underhill sells for $1.05 million

A commercial property at 485 Vermont Route 15, Underhill sold for $1,050,000 on September 15, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 485 Vermont Route 15, Underhill with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Chittenden County Assessor. The photo can predate the sale.
Sale price
$1,050,000
Sold
September 15, 2026
Property type
Commercial property
Lot size
4,630,864 sq ft

The commercial property at 485 Vermont Route 15 in Underhill sold for $1,050,000 on September 15, 2026, according to the Property Transfer Tax Return filed with the Vermont Department of Taxes.

The sale price was below the $1,061,600 market value on record, Assessor's records show.

The record lists Robert Hill and Lisa A Hill as the seller and Chad Montgomery as the buyer.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Chittenden County?

By our estimate, the seller's two largest charges, not counting prorations, were $700 for the seller's attorney fee and $250 for the settlement / closing fee. Who pays what follows Chittenden County custom.

How much did the seller net?

By our estimate, the seller netted about $1,063,504. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,084,414 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

485 Vermont Route 15, Underhill, VT.

Source: Vermont Property Transfer Tax Returns (VCGI open data), document 660-301-253. Property details: Chittenden County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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