NOT LISTED FOR SALE

2 East St Rutland, VT 05701

Estimated Value: $274,000 - $334,000

5 Beds
2 Baths
3,027 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $220,000 $73 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,883/month

275 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Baseboard Heating
  • Corner Lot
  • 1 Car Attached Garage
  • High Speed Internet

About This Home

As of February 2023

What a great location for this newly renovated 2-Unit property! Currently being run as a successful Airbnb on the first floor and an owner's unit on the second floor. The Airbnb features a large bedroom, well appointed kitchen, and a dedicated office space with high speed wi-fi. The owners have done much of the heavy lifting - all new electrical, entrance decks, roof repairs, new furnace and oil tank, new hot water heaters; and have also made the inside sparkle with painting, floor refinishing and fixtures. Lots of options to live upstairs or use the upstairs as a long term or Airbnb rental. This one can pay for itself so come take a look!

Last Agent to Sell the Property

Marty Feldman

Rowe Real Estate License #082.0008471 Listed on: 03/19/2022

Last Buyer's Agent

Eric Hier

Northland Real Estate License #081.0134313

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,581

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Wood Flooring

Basement

  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,581

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Center Rutland to Woodstock Ave. corner with East St.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 72.68
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4283
  • Sq Ft - Apx Total Finished: 3027
  • Year Built: 1900
  • Remarks Public: What a great location for this newly renovated 2-Unit property! Currently being run as a successful Airbnb on the first floor and an owner's unit on the second floor. The Airbnb features a large bedroom, well appointed kitchen, and a dedicated office space with high speed wi-fi. The owners have done much of the heavy lifting - all new electrical, entrance decks, roof repairs, new furnace and oil tank, new hot water heaters; and have also made the inside sparkle with painting, floor refinishing and fixtures. Lots of options to live upstairs or use the upstairs as a long term or Airbnb rental. This one can pay for itself so come take a look!
  • List Agent: 21922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Stairs - Interior
  • Sq Ft - Apx Finished AG: 3027
  • Sq Ft - Apx Unfinished BG: 1256

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Aluminum
  • Foundation: Brick, Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Slate
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Internet - Cable

Fee Information

  • Tax Class: Non-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

  • Lot Sq Ft: 11761
  • Lot Acres: 0.27
  • Lot Description: City Lot, Corner, Curbing, Sidewalks
  • Zoning: GB-WA
  • Deed Book: 707
  • Deed Page: 482
  • Deed Recorded Type: Warranty

Multi Family

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

Tax Info

  • Tax Gross Amount: 4581
  • Tax Year: 2021

MLS Schools

  • School Middle Jr: Rutland Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Patel Prachi
Bought by
Mds Home Llc
Current Estimated Value
$290,776

Purchase Details

Listed on
Mar 19, 2022
Closed on
Feb 27, 2023
Sold by
Joohaekang Llc
Bought by
Patel Prachi
Seller's Agent
Marty Feldman
Rowe Real Estate
Buyer's Agent
Eric Hier
Northland Real Estate
List Price
$300,000
Sold Price
$220,000
Premium/Discount to List
-$80,000
-26.67%
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Listed on
Nov 11, 2020
Closed on
Apr 16, 2021
Sold by
Eltinge Charles R
Seller's Agent
Nancy Greenwood
Watson Realty & Associates
Buyer's Agent
Marty Feldman
Rowe Real Estate
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.97%
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
Mds Home Llc -- --
Patel Prachi $220,000 --
Patel Prachi $220,000 --
Patel Prachi $220,000 --
-- $70,000 --
-- $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $220,000 -12.0% $73 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $250,000 -16.7% $83 / Sq Ft
03/19/2022 03/19/22 For Sale $300,000 +328.6% $99 / Sq Ft
04/30/2021 04/30/21 Sold $70,000 -29.3% $23 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $99,000 -- $33 / 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 -- $160,600 $56,500 $104,100
2023 -- $160,600 $56,500 $104,100
2022 $4,524 $131,000 $56,500 $74,500
2021 $4,581 $131,000 $56,500 $74,500
2020 $4,540 $131,000 $56,500 $74,500
2019 $4,427 $131,000 $56,500 $74,500
2018 $4,434 $131,000 $56,500 $74,500
2017 $4,128 $131,000 $56,500 $74,500
2016 $4,115 $131,000 $56,500 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4901554

PrimeMLS

APN: 540-170-17523