NOT LISTED FOR SALE

12 E Center St Rutland, VT 05701

Estimated Value: $227,602 - $308,000

-- Bed
-- Bath
2,464 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $158,300 $64 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,771/month

8 Days on Market

Highlights

  • Carriage House
  • High Speed Internet
  • 2-minute walk to Main Street Park
  • Forced Air Heating System

About This Home

As of May 2021

Check out this exciting 3-unit investment property in Downtown Rutland! Charming colonial carriage house features two one bedroom apartments on the first floor and a very spacious one bedroom apartment on the second floor. Separate utilities for all units. Currently fully leased with a very stable rental history. Great location on East Center Street. Just a few minutes walk to the heart of the downtown! Video walkthrough and financials available upon request.

Last Agent to Sell the Property

Andy Paluch

Longview Commercial Real Estate License #081.0134370 Listed on: 03/09/2021

Last Buyer's Agent

Hughes Group Team

Casella Real Estate License #082.0134727

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Carriage House
  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • 1.75-Story Property

Basement

  • Interior Basement Entry
  • Dirt Floor

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Carriage, Colonial
  • Directions: Turn onto East Center Street from East Street, and then turn left into the driveway in front of the sign for Governor Page Condominiums.
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 64.25
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2464
  • Sq Ft - Apx Total Finished: 2464
  • Property Type: Multi-Family
  • Year Built: 1875
  • Remarks Public: Check out this exciting 3-unit investment property in Downtown Rutland! Charming colonial carriage house features two one bedroom apartments on the first floor and a very spacious one bedroom apartment on the second floor. Separate utilities for all units. Currently fully leased with a very stable rental history. Great location on East Center Street. Just a few minutes walk to the heart of the downtown! Video walkthrough and financials available upon request.
  • L A1 M M S I Memberkey: 622530
  • List Agent: 285693
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 70855
  • S A1 M M S I Memberkey: 618545
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 75293
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 2464

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Blowers, Forced Air
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Main Street Park District
  • Deed Book: 618
  • Deed Page: 634
  • Deed Recorded Type: Quit Claim

Tax Info

  • Tax Year Notes: 20-21
  • Tax Gross Amount: 5281
  • Tax Year: 2020

Multi Family

  • Total Units: 3
  • Total1 Bedroom Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Piccininni Daniel
Total Days on Market
8
Current Estimated Value
$280,901

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 14, 2021
Sold by
Duhaime Dennis J and Tashie Carol
Bought by
Piccininni Daniel
Seller's Agent
Andy Paluch
Longview Commercial Real Estate
Buyer's Agent
Hughes Group Team
Casella Real Estate
List Price
$159,000
Sold Price
$158,300
Premium/Discount to List
-$700
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Duhaime Dennis J
Bought by
Duhaime Dennis J and Tashie Carol

Purchase Details

Closed on
Aug 19, 2005
Sold by
Dworkin Adam H
Bought by
Duhaime Dennis J

Purchase Details

Closed on
Jun 30, 2003
Sold by
Walker Michael W
Bought by
Dworkin Adam J and Geriak Karen M
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
-- -- --
Piccininni Daniel $158,300 --
Duhaime Dennis J -- --
Duhaime Dennis J $155,000 --
Dworkin Adam J $122,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $158,300 -0.4% $64 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $159,000 -- $65 / 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 -- $152,400 $55,400 $97,000
2023 -- $152,400 $55,400 $97,000
2022 $5,263 $152,400 $55,400 $97,000
2021 $5,329 $152,400 $55,400 $97,000
2020 $5,281 $152,400 $55,400 $97,000
2019 $5,151 $152,400 $55,400 $97,000
2018 $5,158 $152,400 $55,400 $97,000
2017 $4,802 $152,400 $55,400 $97,000
2016 $4,787 $152,400 $55,400 $97,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4850062

PrimeMLS

APN: 540-170-15769