NOT LISTED FOR SALE

119 Library Ave Rutland, VT 05701

Estimated Value: $191,000 - $208,765

7 Beds
2 Baths
1,974 Sq Ft
$102/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $150,000 $76 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,262/month

36 Days on Market

Highlights

  • Deck
  • Shed
  • Baseboard Heating
  • New Englander Architecture
  • Garden
  • High Speed Internet

About This Home

As of January 2024

Inquire immediately - ask your agent for a walkthrough video and lock this property up now with no risk! Attention savvy investors and aspiring homeowners! Feast your eyes on a brilliant investment opportunity nestled in the growing city of Rutland where you have an abundance of employment opportunities, great restaurants and local shopping, and access to epic outdoor adventures from skiing at Killington Resort to hiking, mountain biking, swimming, river paddling, and more! Prepare to have your financial dreams take flight! This duplex holds the key to unlocking profit potential like no other. Imagine living in the comfort of the spacious downstairs unit while your upstairs tenants happily foot the bill for your entire mortgage. Hoping to grow your rental portfolio, or launch a successful AirBnb? This is the ultimate win-win situation, where you can sit back and watch your bank account bloom. Whether you're an investor seeking impressive returns or a homeowner looking for a mortgage-free life, this property is calling your name. Seize the chance to write your financial success story and experience the freedom that comes with a brilliantly strategic investment. Sellers are downsizing their investment portfolio and have priced the home fairly for a quick sale! Showings begin on Saturday, 11/4.

Last Agent to Sell the Property

Brian Armstrong

KW Vermont License #081.0004255 Listed on: 10/30/2023

KW Vermont

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Open Lot
  • Garden

Parking

  • Paved Parking

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

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

Outdoor Features

  • Deck
  • Shed

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 75.99
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3711
  • Sq Ft - Apx Total Finished: 1974
  • Year Built: 1880
  • Remarks Public: Inquire immediately - ask your agent for a walkthrough video and lock this property up now with no risk! Attention savvy investors and aspiring homeowners! Feast your eyes on a brilliant investment opportunity nestled in the growing city of Rutland where you have an abundance of employment opportunities, great restaurants and local shopping, and access to epic outdoor adventures from skiing at Killington Resort to hiking, mountain biking, swimming, river paddling, and more! Prepare to have your financial dreams take flight! This duplex holds the key to unlocking profit potential like no other. Imagine living in the comfort of the spacious downstairs unit while your upstairs tenants happily foot the bill for your entire mortgage. Hoping to grow your rental portfolio, or launch a successful AirBnb? This is the ultimate win-win situation, where you can sit back and watch your bank account bloom. Whether you're an investor seeking impressive returns or a homeowner looking for a mortgage-free life, this property is calling your name. Seize the chance to write your financial success story and experience the freedom that comes with a brilliantly strategic investment. Sellers are downsizing their investment portfolio and have priced the home fairly for a quick sale! Showings begin on Saturday, 11/4.
  • List Agent: 3481
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 1974
  • Sq Ft - Apx Unfinished AG: 750
  • Sq Ft - Apx Unfinished BG: 987

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood Siding
  • Foundation: Poured Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Garden Space, Shed

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Marselles
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: GMP
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Curbside
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: Level, Open, Sidewalks
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 654
  • Deed Page: 587-8
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3909
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Jan 19, 2024
Sold by
Hughes Kevin and Hughes Jessica L
Bought by
Clinton Harry
Seller's Agent
Brian Armstrong
KW Vermont
Buyer's Agent
Mike Kalil
Watson Realty & Associates
List Price
$205,000
Sold Price
$150,000
Premium/Discount to List
-$55,000
-26.83%
Views
89
Current Estimated Value
$200,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,941
Avg. Annual Appreciation
16.83%

Purchase Details

Closed on
Jun 10, 2016
Sold by
Mckearin Ruth K
Bought by
Hughes Jessica L and Hughes Kevin P
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
Clinton Harry $150,000 --
Clinton Harry $150,000 --
Hughes Jessica L -- --
Hughes Jessica L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $150,000 -26.8% $76 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $205,000 -- $104 / 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 -- $109,700 $41,000 $68,700
2023 -- $109,700 $41,000 $68,700
2022 $3,788 $109,700 $41,000 $68,700
2021 $3,836 $109,700 $41,000 $68,700
2020 $3,801 $109,700 $41,000 $68,700
2019 $3,707 $109,700 $41,000 $68,700
2018 $3,713 $109,700 $41,000 $68,700
2017 $3,398 $109,700 $41,000 $68,700
2016 $0 $109,700 $41,000 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4976125

PrimeMLS

APN: 540-170-13600