NOT LISTED FOR SALE

231 Coolidge Ave Rutland, VT 05701

Estimated Value: $245,000 - $308,872

-- Bed
-- Bath
2,855 Sq Ft
$99/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $345,000 $121 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,853/month

276 Days on Market

Highlights

  • Cape Cod Architecture
  • Baseboard Heating
  • Mini Split Air Conditioners
  • 4 Car Garage
  • High Speed Internet
  • 1-Story Property

About This Home

As of March 2023

INVESTMENT OPPORTUNITY!! Two separate properties that have been brought back to life by a local plumbing and heating professional. Live in one and rent out the other, or use both as income producing property’s with the current long term tenants. The garage is shared on both lots and lends plenty of space to work on the toys, and additional space for all of your hobbies. Close to all of the city’s attractions and conveniences.

Last Listed By

Will Spanos

KW Vermont-Killington License #082.0134746 Listed on: 05/13/2022

KW Vermont-Killington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,392

Year Built

  • Built in 1927

Lot Details

  • 0.36 Acre Lot
  • Lot Sloped Up

Parking

  • 4 Car Garage
  • Dry Walled Garage

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Schools

  • Rutland Senior High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Baseboard Heating
  • Heating System Uses Oil
  • Radiant Heating System
  • Oil Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,392

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Style: Cape, Multi-Family, Multi-Level, Ranch
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 120.84
  • Year Built: 1927
  • Remarks Public: INVESTMENT OPPORTUNITY!! Two separate properties that have been brought back to life by a local plumbing and heating professional. Live in one and rent out the other, or use both as income producing property’s with the current long term tenants. The garage is shared on both lots and lends plenty of space to work on the toys, and additional space for all of your hobbies. Close to all of the city’s attractions and conveniences.
  • List Agent: 287586
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished, Slab, Stairs - Interior, Storage Space, Walkout, Interior Access
  • Sq Ft - Apx Finished AG: 2855
  • Sq Ft - Apx Finished BG: 972
  • Sq Ft - Apx Unfinished AG: 2752

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete, Slab - Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 4
  • Garage: Yes
  • Garage Description: Direct Entry, Finished
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Off Boiler, Oil
  • Heating Fuel: Oil
  • Heating: Baseboard, Heat Pump, Hot Air, Radiant, Mini Split
  • Cooling: Mini Split
  • Utilities: Cable, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Rutland City School District
  • High School: Rutland Senior High School
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 15682
  • Lot Acres: 0.36
  • Lot Description: City Lot
  • Surveyed: Yes
  • Zoning: Rutland City
  • Deed Book: 631/673
  • Deed Page: 465/316
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 40800
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 7391.8
  • Tax Year: 2021

MLS Schools

  • School District: Rutland City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Second Lake Llc
Bought by
M & R Realty Llc
Total Days on Market
276
Current Estimated Value
$283,218

Purchase Details

Listed on
May 13, 2022
Closed on
Mar 29, 2023
Sold by
Paquette Nicholas
Bought by
Second Lake Llc
Seller's Agent
Will Spanos
KW Vermont-Killington
Buyer's Agent
Brian Hill
Remax Summit
List Price
$425,000
Sold Price
$345,000
Premium/Discount to List
-$80,000
-18.82%
Views
219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.97%

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
M & R Realty Llc $239,000 --
M & R Realty Llc $239,000 --
Second Lake Llc $232,000 --
Second Lake Llc $232,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $345,000 -9.2% $121 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
10/07/2022 10/07/22 Price Changed $379,900 -4.8% $133 / Sq Ft
06/20/2022 06/20/22 Price Changed $399,000 -6.1% $140 / Sq Ft
05/13/2022 05/13/22 For Sale $425,000 -- $149 / 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
2023 -- $315,800 $36,200 $279,600
2022 $3,905 $113,100 $28,300 $84,800
2021 $3,955 $113,100 $28,300 $84,800
2020 $3,919 $113,100 $28,300 $84,800
2019 $3,822 $113,100 $28,300 $84,800
2018 $3,828 $113,100 $28,300 $84,800
2017 $3,564 $113,100 $28,300 $84,800
2016 $3,553 $113,100 $28,300 $84,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4909916

PrimeMLS

APN: 540-170-12011