NOT LISTED FOR SALE

16 Spellman Terrace Rutland, VT 05701

Estimated Value: $228,000 - $270,000

3 Beds
1.5 Baths
1,648 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $72,500 $44 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,554/month

124 Days on Market

Highlights

  • Barn
  • Softwood Flooring
  • 1 Car Detached Garage
  • Colonial Architecture
  • Covered Patio or Porch
  • Level Lot

About This Home

As of October 2013

Large city HomeProperty w/natural woodwork, HW floors, den w/knotty pine. Walking distance to downtown. Being sold "AS IS" by Limited or Special Warranty Deed. This is HomePath property and may be purchased with as little as 3% down to purchasers that qualify for the HomePath Renovation Mortgage. Submit offers must be made through a realtor and submitted to HomePath.com. Fannie Mae Sales Addendum required with all offers.

Last Agent to Sell the Property

James Watson

Watson Realty & Associates License #081.0000346 Listed on: 03/15/2013

Last Buyer's Agent

James Watson

Watson Realty & Associates License #081.0000346 Listed on: 03/15/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 0.47 Acre Lot
  • Level Lot
  • Property is zoned MSP

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Softwood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

  • Rutland Northeast Primary Sch Elementary School
  • Rutland Intermediate School
  • Rutland Senior High School

Farming

  • Barn

Utilities

  • Heating System Uses Oil
  • 100 Amp Service

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 10522

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: South side of Spellman between East St. and South Main St.
  • Assessment Amount: 114300
  • Assessment Year: 2013
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Plan Survey Number: 10522
  • Price Per Sq Ft: 43.99
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1915
  • Remarks Public: Large city HomeProperty w/natural woodwork, HW floors, den w/knotty pine. Walking distance to downtown. Being sold "AS IS" by Limited or Special Warranty Deed. This is HomePath property and may be purchased with as little as 3% down to purchasers that qualify for the HomePath Renovation Mortgage. Submit offers must be made through a realtor and submitted to HomePath.com. Fannie Mae Sales Addendum required with all offers.
  • List Agent: 21787
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Softwood, Vinyl
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior, Unfinished
  • Room 1: Kitchen, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 5: 1
  • Room 7: Primary Bedroom, On Level: 2
  • Room 8: Bedroom, On Level: 2
  • Room 9: Bedroom, On Level: 2
  • Sq Ft - Apx Finished AG: 1648
  • Sq Ft - Apx Total BG: 858
  • Sq Ft - Apx Total Finished: 1648
  • Sq Ft - Apx Unfinished BG: 858

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Metal
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Slate
  • Features Exterior: Barn, Outbuilding, Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 1
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Barn

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Heating Fuel: Oil

Fee Information

  • Tax Class: Homestead

Schools

  • Elementary School: Rutland Northeast Primary Sch
  • Middle School: Rutland Intermediate School
  • High School: Rutland Senior High School
  • Elementary School: Rutland Northeast Primary Sch
  • High School: Rutland Senior High School

Lot Info

  • Map: 10522
  • Lot: 10522
  • Lot Sq Ft: 20473
  • Lot Acres: 0.47
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: MSP
  • Deed Book: 454
  • Deed Page: 594
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 12-13
  • Tax Gross Amount: 3545.01

MLS Schools

  • School Middle Jr: Rutland Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2016
Sold by
Craig Jenna E and Craig Dennis G
Bought by
Carrier Adam and Carrier Veronica
Current Estimated Value
$240,031

Purchase Details

Listed on
Mar 15, 2013
Closed on
Oct 15, 2013
Sold by
Federal National Mortgage Association
Bought by
Craig Jenna E and Craig Dennis G
Seller's Agent
James Watson
Watson Realty & Associates
Buyer's Agent
James Watson
Watson Realty & Associates
List Price
$109,000
Sold Price
$72,500
Premium/Discount to List
-$36,500
-33.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Jan 8, 2013
Sold by
Ruppert Kelly A and Ruppert Gary L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 11, 2003
Sold by
Booth Maureen A
Bought by
Ruppert Kelly and Ruppert Gary L

Purchase Details

Closed on
Sep 14, 2001
Sold by
Jean Simonds Estate
Bought by
Booth Maureen

Purchase Details

Closed on
Sep 18, 1991
Sold by
Simonds Jean D
Bought by
Evans Michelle R
Source: Public Records

Range of Values:

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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
Carrier Adam $103,000 --
Craig Jenna E $72,500 --
Federal National Mortgage Association -- --
Ruppert Kelly $148,000 --
Booth Maureen $110,000 --
Booth Maureen $110,000 --
Evans Michelle R $1,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2013 10/15/13 Sold $72,500 -33.5% $44 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $109,000 -- $66 / 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 -- $114,300 $41,900 $72,400
2023 -- $114,300 $41,900 $72,400
2022 $3,947 $114,300 $41,900 $72,400
2021 $3,997 $114,300 $41,900 $72,400
2020 $3,961 $114,300 $41,900 $72,400
2019 $3,863 $114,300 $41,900 $72,400
2018 $3,869 $114,300 $41,900 $72,400
2017 $3,602 $114,300 $41,900 $72,400
2016 $3,518 $114,300 $41,900 $72,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Watson

    Watson Realty & Associates

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Map

Source: PrimeMLS

MLS Number: 4222267

PrimeMLS

APN: 540-170-10522

Vermont Rutland County Rutland 05701

16 Spellman Terrace, Rutland, VT

This home is located at 16 Spellman Terrace, Rutland, VT 05701 since 15 March 2013 and is currently estimated at $245,625, approximately $149 per square foot. This property was built in 1915. 16 Spellman Terrace is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior High School.

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