$118,000
SOLD DEC 23, 2021

17 Crescent St Rutland, VT 05701

5 Beds
2 Baths
2,148 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

16% Below List Price

112 Days on Market

Highlights

  • Garrison Architecture
  • Balcony
  • High Speed Internet
  • Wood Flooring
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of December 2021

This two-unit home has decorative corbels accenting the roof, a dormer on the 3rd floor, cedar siding on the upper level, and bold concrete on the ground level. 2 bedrooms on the lower level and 3 bedrooms on the upper level. Both are very spacious with lots of natural light flowing through the windows. A large covered double deck overlooks the level, fenced backyard which is a perfect spot for gardening. This home has plenty of off-street parking. The downstairs unit has a private entrance on the side of the house and upstairs unit has one in the back. There is an additional shared entryway in the front for all the units. The unfinished 3rd floor has lots of potential for additional living space and some work has already been completed including framing in the walls. The basement door is on the exterior. Washer and dryer hook-ups are located in each apartment. This could be used as a multi-generational home or an income producing property. Conveniently located along the bus route and close to Pine Hill Park.

Last Agent to Sell the Property

Jessica Posch

Killington Pico Realty License #082.0131955 Listed on: 04/27/2021

Last Buyer's Agent

Jessica Posch

Killington Pico Realty License #082.0131955 Listed on: 04/27/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Garrison Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 6 Car Parking Spaces
  • Dirt Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Exclusions: washer & dryer are owned by the tenants

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,364
  • Net Operating Income $7,836

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garrison, Multi-Family
  • Directions: Route 7 to Crescent Street, house is on the right
  • Flood Zone: Unknown
  • Construction: Existing
  • Items Excluded: washer & dryer are owned by the tenants
  • Total Stories: 2.5
  • Price Per Sq Ft: 54.93
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3542
  • Sq Ft - Apx Total Finished: 2148
  • Year Built: 1900
  • Remarks Public: This two-unit home has decorative corbels accenting the roof, a dormer on the 3rd floor, cedar siding on the upper level, and bold concrete on the ground level. 2 bedrooms on the lower level and 3 bedrooms on the upper level. Both are very spacious with lots of natural light flowing through the windows. A large covered double deck overlooks the level, fenced backyard which is a perfect spot for gardening. This home has plenty of off-street parking. The downstairs unit has a private entrance on the side of the house and upstairs unit has one in the back. There is an additional shared entryway in the front for all the units. The unfinished 3rd floor has lots of potential for additional living space and some work has already been completed including framing in the walls. The basement door is on the exterior. Washer and dryer hook-ups are located in each apartment. This could be used as a multi-generational home or an income producing property. Conveniently located along the bus route and close to Pine Hill Park.
  • List Agent: 280685
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, No Tenant Access, Sump Pump, Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 2148
  • Sq Ft - Apx Unfinished AG: 530
  • Sq Ft - Apx Unfinished BG: 864

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Block, Cedar, Concrete
  • Foundation: Block, Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Balcony, Fence - Partial

Garage/Parking

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 6+

Utilities

  • Cable Company: Comcast/Xfinity
  • Electric: Circuit Breaker(s)
  • Fuel Company: Irving
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: Green Mountain Power
  • Phone Company: Comcast/Xfinity
  • Separate Utilities: Varies
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Curbside, Owner
  • Utilities: Cable, Internet - Cable, Phone

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Rutland City School District
  • Elementary School: Rutland Northeast Primary Sch
  • Middle School: Rutland Middle School
  • High School: Rutland Senior High School
  • Elementary School: Rutland Northeast Primary Sch
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: City Lot, Level, Sidewalks
  • Surveyed: Unknown
  • Zoning: SFR
  • Deed Book: 552
  • Deed Page: 99-100
  • Deed Recorded Type: Warranty

Multi Family

  • Net Income: 7836
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4685.08
  • Tax Year: 2021

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $118,000 0.0% $55 / Sq Ft
12/23/2021 12/23/21 Sold $118,000 0.0% $55 / Sq Ft
12/23/2021 12/23/21 Sold $118,000 -15.7% $55 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $139,900 +18.6% $65 / Sq Ft
09/16/2021 09/16/21 Off Market $118,000 -- --
08/17/2021 08/17/21 Pending -- -- --
08/17/2021 08/17/21 Pending -- -- --
07/05/2021 07/05/21 Price Changed $128,800 0.0% $60 / Sq Ft
07/05/2021 07/05/21 Price Changed $128,800 -7.9% $60 / Sq Ft
04/27/2021 04/27/21 For Sale $139,900 0.0% $65 / Sq Ft
03/03/2021 03/03/21 For Sale $139,900 -- $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 -- $135,200 $40,800 $94,400
2023 -- $135,200 $40,800 $94,400
2022 $4,669 $135,200 $40,800 $94,400
2021 $4,727 $135,200 $40,800 $94,400
2020 $4,685 $135,200 $40,800 $94,400
2019 $4,569 $135,200 $40,800 $94,400
2018 $4,576 $135,200 $40,800 $94,400
2017 $4,260 $135,200 $40,800 $94,400
2016 $4,247 $135,200 $40,800 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4857646

PrimeMLS

APN: 540-170-14040