NOT LISTED FOR SALE

165 State St Rutland, VT 05701

Estimated Value: $160,000 - $252,000

6 Beds
3 Baths
2,896 Sq Ft
$71/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $185,000 $64 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,302/month

72 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Walk-Up Access
  • Garage

About This Home

As of April 2024

This solid, updated 3 unit property, is well suited and priced for the investor, or buyer who wants to owner occupy. Lots of lovely original hard wood floors, with some carpet and linoleum, with "Turn of the Century" sliding pocket doors, woodwork, and charm. Bright interior. Roomy kitchens with lots of cabinets and ample counter space. Convenient washer and dryer hook-ups and laundry area in two apartments. All newer vinyl window. Ample off-street and street parking. Recent Certificate of Occupancy available on all apartments. Within walking distance to downtown shopping and dining. Located closely to multiple parks and hike/bike trails. Within 15 minutes to Killington/Pico resort. Within 30 minutes to Lake Bomoseen and Lake Saint Catherine. And only 90 minutes to Burlington or 2 hours to Albany International.

Last Agent to Sell the Property

Mark Triller

Real Broker LLC License #082.0134786 Listed on: 11/28/2023

Last Buyer's Agent

Denise Byers

Century 21 Premiere Properties-Rutland License #082.0004159

Century 21 Premiere Properties-Rutland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,896 Sq Ft Home
  • 2-Story Property

Basement

  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • Garage
  • Gravel Driveway

Location

  • City Lot

Schools

  • Northwest Primary Elementary School
  • Rutland Intermediate School
  • Rutland Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $11,223
  • Gross Income $29,975
  • Net Operating Income $18,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,427

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Heading West on State Street beyond Cleveland Ave, Property on Right. Sign in Front.
  • Flood Zone: Unknown
  • Assessment Amount: 124200
  • Assessment Year: 2024
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 63.88
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4344
  • Sq Ft - Apx Total Finished: 2896
  • Year Built: 1910
  • Remarks Public: This solid, updated 3 unit property, is well suited and priced for the investor, or buyer who wants to owner occupy. Lots of lovely original hard wood floors, with some carpet and linoleum, with "Turn of the Century" sliding pocket doors, woodwork, and charm. Bright interior. Roomy kitchens with lots of cabinets and ample counter space. Convenient washer and dryer hook-ups and laundry area in two apartments. All newer vinyl window. Ample off-street and street parking. Recent Certificate of Occupancy available on all apartments. Within walking distance to downtown shopping and dining. Located closely to multiple parks and hike/bike trails. Within 15 minutes to Killington/Pico resort. Within 30 minutes to Lake Bomoseen and Lake Saint Catherine. And only 90 minutes to Burlington or 2 hours to Albany International.
  • List Agent: 287881
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -Avail, Internet - Cable
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Exterior Access
  • Sq Ft - Apx Finished AG: 2896
  • Sq Ft - Apx Unfinished BG: 1448

Exterior Features

  • Driveway: Gravel
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle
  • Construction Type: Wood Frame, Asbestos Exterior, Vinyl Exterior

Garage/Parking

  • Parking: Detached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Marcell's
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: GMP
  • Total Electric Meters: 3
  • Total Heat Units: 2
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - Available, Telephone Available
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Rutland City School District
  • Elementary School: Northwest Primary School
  • Middle School: Rutland Intermediate School
  • High School: Rutland Senior High School
  • Elementary School: Northwest Primary School
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Surveyed: Yes
  • Zoning: 10
  • Deed Book: 549
  • Deed Page: 475-476
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 29975
  • Net Income: 18752
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 4426.6
  • Tax Year: 24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Apr 8, 2024
Sold by
Cameron Charlene
Bought by
M & Z Properties Inc
Seller's Agent
Mark Triller
Real Broker LLC
Buyer's Agent
Denise Byers
Century 21 Premiere Properties-Rutland
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Views
62
Current Estimated Value
$206,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,556
Avg. Annual Appreciation
7.68%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
M & Z Properties Inc $185,000 --
M & Z Properties Inc $185,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold $185,000 -7.0% $64 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $199,000 0.0% $69 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $199,000 -- $69 / 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 -- $124,200 $32,600 $91,600
2023 -- $124,200 $32,600 $91,600
2022 $4,289 $124,200 $32,600 $91,600
2021 $4,343 $124,200 $32,600 $91,600
2020 $4,304 $124,200 $32,600 $91,600
2019 $4,197 $124,200 $32,600 $91,600
2018 $4,204 $124,200 $32,600 $91,600
2017 $3,914 $124,200 $32,600 $91,600
2016 $3,901 $124,200 $32,600 $91,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4978728

PrimeMLS

APN: 540-170-17461