NOT LISTED FOR SALE

110 Fairview Ave Rutland, VT 05701

Estimated Value: $279,000 - $324,000

5 Beds
3 Baths
3,208 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $211,000 $66 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,876/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Mountain View
  • Corner Lot
  • 5-minute walk to Pine Hill Park

About This Home

As of December 2021

Imagine having worked all day indoors and wanting to get outside for fresh Vermont air, a walk/hike or to hit the trails on your bike and enjoy the natural beauty that surrounds you. Easily attained from this stately Colonial close to Pine Hill Park with 3 lovely apartments a fully fenced yard and detached garage on a corner lot. Well maintained property with nicely appointed first and second floor apartments including large mudroom spaces and ample windows looking east and south. Gleaming hardwood floors, spacious kitchens, updated bathrooms and ample closets while retaining original charm and character. On the top floor is a sweet one bedroom tucked in nicely to what was once the attic and is now a cozy and comfortable apartment. Laundry is conveniently located on the lower level. The second floor apartment will be available for occupancy by Nov 30th making this an ideal opportunity for owner occupancy.

Last Agent to Sell the Property

Susan Bishop

Four Seasons Sotheby's Int'l Realty License #081.0101415 Listed on: 10/27/2021

Last Buyer's Agent

Scott McChesney

McChesney RE, Inc. License #081.0003842

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,088

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,208 Sq Ft Home
  • 2.5-Story Property
  • Double Pane Windows
  • Wood Flooring
  • Mountain Views

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry

Utilities

  • Zoned Heating
  • Radiator
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 3 Units

Recreation

  • Trails

Building Details

  • Operating Expense $16,245
  • Gross Income $33,000
  • Net Operating Income $16,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,088

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: Route 7 to Crescent Street to the top- 110 Fairview is on the right
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 65.77
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4500
  • Sq Ft - Apx Total Finished: 3208
  • Year Built: 1900
  • List Agent: 8632
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Total Rooms Above Ground: 13
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Full, Unfinished, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3208
  • Sq Ft - Apx Unfinished BG: 1292

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Full, Garden Space, Natural Shade, Windows - Double Pane

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off Street
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Electric, Oil
  • Heating: Baseboard, Electric, Multi Zone, Radiator, Steam
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: City Lot, Corner, Level, Mountain View, Street Lights, Trail/Near Trail
  • Surveyed: Unknown
  • Zoning: unknown
  • Deed Book: 686
  • Deed Page: 876-877
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 33000
  • Net Income: 16755
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5087.56
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 16, 2021
Sold by
Budrow Brian W and Budrow Calista
Seller's Agent
Susan Bishop
Four Seasons Sotheby's Int'l Realty
Buyer's Agent
Scott McChesney
McChesney RE, Inc.
List Price
$200,000
Sold Price
$211,000
Premium/Discount to List
$11,000
5.5%
Current Estimated Value
$300,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,469
Avg. Annual Appreciation
9.29%

Purchase Details

Listed on
Apr 13, 2019
Closed on
Jul 22, 2019
Sold by
Cormier Rozalyn M and Cormier Timothy E
Bought by
Budrow Brian W and Budrow Calista
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Susan Bishop
Four Seasons Sotheby's Int'l Realty
List Price
$169,000
Sold Price
$156,000
Premium/Discount to List
-$13,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%

Purchase Details

Closed on
Aug 24, 2004
Sold by
Genovesi Robert F
Bought by
Cormier Timothy E and Cormier Rozalyn M

Purchase Details

Closed on
Mar 4, 2004
Sold by
Genovesi Mary Margaret Estate
Bought by
Genovesi Robert F and Genovsi James E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- $211,000 --
Budrow Brian W $156,000 --
Cormier Timothy E $145,900 --
Genovesi Robert F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2021 12/16/21 Sold $211,000 +5.5% $66 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $200,000 +28.2% $62 / Sq Ft
07/22/2019 07/22/19 Sold $156,000 -3.7% $48 / Sq Ft View Prior Sale
06/06/2019 06/06/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $162,000 -4.1% $50 / Sq Ft
04/13/2019 04/13/19 For Sale $169,000 -- $53 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 -- $176,800 $40,900 $135,900
2023 -- $176,800 $40,900 $135,900
2022 $5,024 $145,500 $40,900 $104,600
2021 $5,088 $145,500 $40,900 $104,600
2020 $4,883 $145,500 $40,900 $104,600
2019 $4,917 $145,500 $40,900 $104,600
2018 $4,719 $145,500 $40,900 $104,600
2017 $4,499 $145,500 $40,900 $104,600
2016 $4,478 $145,500 $40,900 $104,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4888520

PrimeMLS

APN: 540-170-12106