NOT LISTED FOR SALE

117 Crescent St Rutland, VT 05701

Estimated Value: $215,000 - $266,000

5 Beds
3 Baths
2,100 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $55,000 $26 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $1,533/month

256 Days on Market

Highlights

  • Victorian Architecture
  • Baseboard Heating
  • Level Lot
  • 2 Car Attached Garage

About This Home

As of March 2019

Investors take notice! Currently a duplex with a large unit downstairs and a smaller unit upstairs. Downstairs is a spacious unit with 3 bedrooms and 2 bathrooms with beautiful hardwood floors in some of the rooms. Upstairs unit has 2 bedrooms and 1 bathroom. This duplex sits on a large lot and close to Pine Hill Park. With a little TLC this property should produce positive cash flow from day one. The city has issued the current owners a variance to add a third unit. Variance and drawings available upon request. Possible owner financing available.

Last Agent to Sell the Property

Lisa Marie Sargent

Champlain Valley Properties License #081.0134018 Listed on: 06/07/2018

Last Buyer's Agent

Lisa Marie Sargent

Champlain Valley Properties License #081.0134018 Listed on: 06/07/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Rutland Middle School
  • Rutland Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Victorian
  • Directions: From Route 7 head west onto Crescent Street to 117 Crescent St.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 26.19
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3375
  • Sq Ft - Apx Total Finished: 2100
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Investors take notice! Currently a duplex with a large unit downstairs and a smaller unit upstairs. Downstairs is a spacious unit with 3 bedrooms and 2 bathrooms and beautiful hardwood floors in some of the rooms. Upstairs unit has 2 bedrooms and 1 bathroom. This duplex sits on a large lot and close to Pine Hill Park. With a little TLC this property should produce positive cash flow from day one. The city has issued the current owners a variance to add a third unit. Variance and drawings available upon request. Possible owner financing available.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2100
  • Sq Ft - Apx Unfinished BG: 1275

Exterior Features

  • Construction: Wood Frame
  • Driveway: Concrete
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Separate
  • Heating Fuel: Oil
  • Heating: Baseboard

Fee Information

  • Tax Class: TBD

Schools

  • School District: Rutland City School District
  • Middle School: Rutland Middle School
  • High School: Rutland Senior High School
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 667
  • Deed Page: 476-477
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2017/2018
  • Tax Gross Amount: 4213
  • Tax Year: 2017

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

MLS Schools

  • School District: Rutland City School District
  • School Middle Jr: Rutland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Mar 18, 2019
Sold by
Driscoll Scott F
Bought by
Dyer Kimberly J and Roy Charles H
Seller's Agent
Lisa Marie Sargent
Champlain Valley Properties
Buyer's Agent
Lisa Marie Sargent
Champlain Valley Properties
List Price
$59,500
Sold Price
$55,000
Premium/Discount to List
-$4,500
-7.56%
Current Estimated Value
$237,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,718
Avg. Annual Appreciation
25.94%

Purchase Details

Closed on
Sep 21, 2016
Sold by
Phh Mortgage Corporation

Purchase Details

Closed on
May 2, 1997
Sold by
Christie Mark A
Bought by
Raymond Timothy J
Source: Public Records

Range of Values:

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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
Dyer Kimberly J $55,000 --
-- -- --
-- $38,800 --
Raymond Timothy J $75,629 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $55,000 -7.6% $26 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
09/22/2018 09/22/18 For Sale $59,500 0.0% $28 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $59,500 -8.5% $28 / Sq Ft
07/26/2018 07/26/18 Price Changed $65,000 -4.4% $31 / Sq Ft
06/07/2018 06/07/18 For Sale $68,000 +27.0% $32 / Sq Ft
08/22/2017 08/22/17 Sold $53,550 +7.3% $26 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $49,900 -- $24 / 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
2021 $1,169 $133,700 $41,400 $92,300
2020 $2,337 $133,700 $41,400 $92,300
2019 $0 $133,700 $41,400 $92,300
2018 $3,313 $133,700 $41,400 $92,300
2017 $3,235 $133,700 $41,400 $92,300
2016 $0 $133,700 $41,400 $92,300
2015 -- $1,336 $0 $0
2014 -- $1,336 $0 $0
2013 -- $1,336 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4698894

PrimeMLS

APN: 540-170-13745