NOT LISTED FOR SALE

22 E Center St Rutland, VT 05701

Rutland Area

Estimated Value: $255,404 - $332,000

Studio
-- Bath
2,972 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2014

Last sale price $165,000 $56 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,857 / mo

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Wood Siding
  • Covered Patio or Porch
  • 2 Car Garage
  • 3-minute walk to Main Street Park

About This Home

As of December 2014

A proven money maker four unit apartment house that always is rented due to the east of Route 7 location in a quiet safe neighborhood of Rutland City. The house has been completely rewired, has a newer heating system and retains a lot of the original woodwork and hardwood floors. Separate electric, hardwired smokes/CO detectors, 2 car garage with new roof, large dry basement with house washer & dryer and beautiful front entry features fireplace, built in benches and original hardwood woodwork. Rutland City Certificates of Occupancy in place and all units are rented. Gross income; $ 34,920. Net Operating Income: $ 20,442. This house will pay it's way and provide a nice cash on cash return on the down payment. 48 HOUR NOTICE SHOW.

Last Agent to Sell the Property

James Watson

Watson Realty & Associates License #081.0000346 Listed on: 12/29/2014

Last Buyer's Agent

Jean Chamberlain

Four Seasons Sotheby's Int'l Realty License #081.0001723

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 12,632 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Converted Dwelling
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Membrane Roofing
  • Wood Siding
  • Clapboard

Interior Spaces

  • 2,972 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Parquet
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Rutland Northeast Primary Sch Elementary School
  • Rutland Middle School

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • 4 Units
  • Gross Income $34,920

Listing and Financial Details

  • Rent includes heat, hot water, landscaping, parking, plowing, sewer, snow removal, trash

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: Located on the south side of East Center St. between East St. and South Main St.
  • Assessment Year: 2014
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 55.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2972
  • Unit Info: Range - Electric, Refrigerator
  • Year Built: 1900
  • List Agent: 21787
  • Architectural Style: Conversion
  • ResoLotFeatures: City Lot, In Town
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Domestic
  • Flooring: Carpet, Hardwood, Laminate, Parquet, Tile, Vinyl
  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 2972

Exterior Features

  • Driveway: Gravel, Paved
  • Foundation: Concrete
  • Roof: Membrane, Slate
  • Features Exterior: Porch - Covered
  • Construction Type: Wood Frame, Clapboard Exterior, Wood Exterior

Garage/Parking

  • Garage Capacity: 2
  • Parking: Barn, Detached, Parking Spaces 2
  • Garage: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating: Oil, Hot Water, Radiator
  • Separate Utilities: Varies
  • Total Electric Meters: 5
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Rutland Northeast Primary Sch

Lot Info

  • Lot Sq Ft: 12632
  • Lot Acres: 0.29
  • Surveyed: Unknown
  • Zoning: MSP
  • Deed Book: 230
  • Deed Page: 185
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Heat, Hot Water, Landscaping, Parking, Plowing, Sewer, Snow Removal, Trash

Multi Family

  • Gross Income: 34920
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4892.06
  • Tax Year: 2014

MLS Schools

  • School Middle Jr: Rutland Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
Dec 31, 2014
Sold by
Bought by
Seller's Agent
James Watson
Watson Realty & Associates
Buyer's Agent
Jean Chamberlain
Four Seasons Sotheby's Int'l Realty
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Current Estimated Value
$288,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,601
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 1989
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$165,000 --
$130,000 --
$90,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $165,000 -7.8% $56 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
12/29/2014 12/29/14 For Sale $179,000 -- $60 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $155,200 $56,600 $98,600
2024 -- $155,200 $56,600 $98,600
2023 -- $155,200 $56,600 $98,600
2022 $5,307 $155,200 $56,600 $98,600
2021 $5,293 $155,200 $56,600 $98,600
2020 $5,094 $155,200 $56,600 $98,600
2019 $5,019 $155,200 $56,600 $98,600
2018 $5,253 $155,200 $56,600 $98,600
2017 $4,789 $155,200 $56,600 $98,600
2016 $4,875 $155,200 $56,600 $98,600
2015 -- $1,552 $0 $0
2014 -- $1,552 $0 $0
2013 -- $1,552 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James Watson

    Watson Realty & Associates

    Section Image

  • J

    Buyer's Agent in 2014

    Jean Chamberlain

    Four Seasons Sotheby's Int'l Realty

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4397644

PrimeMLS

APN: 540-170-11225

Vermont Rutland County Rutland 05701

22 E Center St, Rutland, VT

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