Seller's Agent in 2024
Mike Kalil
Watson Realty & Associates
(802) 342-8899
76 in this area
118 Total Sales
108 Library Ave Rutland, VT 05701
6
Beds
3
Baths
2,340
Sq Ft
8,276
Sq Ft Lot
About This Home
As of September 2024Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %
Last Agent to Sell the Property
Watson Realty & Associates License #081.0095645 Listed on: 10/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,325
Year Built
- Built in 1900
Lot Details
- 8,276 Sq Ft Lot
- Lot Sloped Up
Parking
- Dirt Driveway
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Slate Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 2-Story Property
- Partially Finished Basement
- Walk-Out Basement
Location
- City Lot
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- High Speed Internet
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $14,543
- Gross Income $39,600
- Net Operating Income $25,057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2023
Closed on
Sep 11, 2024
Sold by
Ramaglia Jr. James and Ramaglia Maria
Bought by
Young Max
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Lawrence Zupan
EXP Realty
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Views
407
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,000
Avg. Annual Appreciation
0.78%
Purchase Details
Listed on
Aug 19, 2021
Closed on
Jan 14, 2022
Sold by
Vicar Anton and Vicar Nancy G
Bought by
Ramaglia Maria N and Ramaglia Jr. James
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Mike Kalil
Watson Realty & Associates
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.34%
Purchase Details
Listed on
Aug 30, 2017
Closed on
Apr 6, 2018
Sold by
Weissman Harold L and Weissman Karen M
Bought by
Vicar Anton and Vicar Nancy G
Seller's Agent
Joan Watson
Watson Realty & Associates
Buyer's Agent
Gretchjen Smith
Williamson Group Sothebys Intl. Realty
List Price
$65,000
Sold Price
$42,000
Premium/Discount to List
-$23,000
-35.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.54%
Purchase Details
Closed on
Apr 26, 2006
Sold by
Weissman Karen M
Bought by
Weissman Karen M and Weissman Harold L
Purchase Details
Closed on
Nov 23, 1994
Sold by
Triller Mark E and Triller Janine G
Bought by
Maxham Karen M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $180,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $42,000 | -- | |
| Deed | $42,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $47,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $180,000 | -4.8% | $77 / Sq Ft |
| 07/23/2024 07/23/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $189,000 | 0.0% | $81 / Sq Ft |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- |
| 01/17/2024 01/17/24 | For Sale | $189,000 | 0.0% | $81 / Sq Ft |
| 01/07/2024 01/07/24 | Pending | -- | -- | -- |
| 11/11/2023 11/11/23 | Price Changed | $189,000 | -3.1% | $81 / Sq Ft |
| 10/13/2023 10/13/23 | For Sale | $195,000 | +69.6% | $83 / Sq Ft |
| 01/14/2022 01/14/22 | Sold | $115,000 | -8.0% | $49 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | For Sale | $125,000 | +197.6% | $53 / Sq Ft |
| 04/06/2018 04/06/18 | Sold | $42,000 | -28.8% | $18 / Sq Ft |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- |
| 10/19/2017 10/19/17 | Price Changed | $59,000 | -9.2% | $25 / Sq Ft |
| 08/30/2017 08/30/17 | For Sale | $65,000 | -- | $28 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $93,300 | $40,800 | $52,500 |
| 2023 | -- | $93,300 | $40,800 | $52,500 |
| 2022 | $3,222 | $93,300 | $40,800 | $52,500 |
| 2021 | $3,262 | $93,300 | $40,800 | $52,500 |
| 2020 | $3,233 | $93,300 | $40,800 | $52,500 |
| 2019 | $3,153 | $93,300 | $40,800 | $52,500 |
| 2018 | $3,046 | $90,000 | $40,800 | $49,200 |
| 2017 | $2,836 | $110,600 | $40,800 | $69,800 |
| 2016 | $2,827 | $90,000 | $40,800 | $49,200 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Kalil
-
Lawrence Zupan
Buyer's Agent in 2024
Lawrence Zupan
EXP Realty
(802) 366-0110
1 in this area
50 Total Sales
-
J
Seller's Agent in 2018
Joan Watson
Watson Realty & Associates
-
Gretchjen Smith
Buyer's Agent in 2018
Gretchjen Smith
Williamson Group Sothebys Intl. Realty
(802) 356-1873
124 Total Sales
Map
Source: PrimeMLS
MLS Number: 4974059
APN: 540-170-13487
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