NOT LISTED FOR SALE

232 State St Rutland, VT 05701

Estimated Value: $251,207 - $301,000

4 Beds
2 Baths
3,560 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $175,000 $49 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,825/month

16 Days on Market

Highlights

  • Deck
  • 3 Car Detached Garage
  • Garden
  • Wood Flooring
  • Enclosed patio or porch
  • Baseboard Heating

About This Home

As of July 2022

Large well maintained 2 family home on nice corner lot. Enclosed porches and handicapped accessibility. Oversized detached garage. Separate heat and utilities. Home is extremely well maintained with downstairs unit vacant. The third floor at one time was used as an apartment but has not been used in years. Home is in move in condition with good tenant renting the 2nd floor. Private parking on one side of house and shared driveway on other side. Very nice views of the mountains and close to downtown.

Last Listed By

Bill Gilbert

Gilbert Realty and Development License #081.0003069 Listed on: 04/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Sloped Up
  • Garden

Parking

  • 3 Car Detached Garage
  • Shared Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Tile

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck
  • Enclosed patio or porch

Schools

  • Rutland Senior High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,998

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: 232 State Street. Sign.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 49.16
  • Year Built: 1920
  • Remarks Public: Large well maintained 2 family home on nice corner lot. Enclosed porches and handicapped accessibility. Oversized detached garage. Separate heat and utilities. Home is extremely well maintained with downstairs unit vacant. The third floor at one time was used as an apartment but has not been used in years. Home is in move in condition with good tenant renting the 2nd floor. Private parking on one side of house and shared driveway on other side. Very nice views of the mountains and close to downtown.
  • List Agent: 3423
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Tile, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Stairs - Interior, Unfinished, Walkout, Exterior Access
  • Sq Ft - Apx Finished AG: 3560
  • Sq Ft - Apx Unfinished BG: 1280

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared
  • Exterior: Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Deck, Garden Space, Porch - Enclosed

Garage/Parking

  • Garage Capacity: 3
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic, Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Utilities: Cable - At Site, Internet - Cable

Fee Information

  • Tax Class: 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: 10890
  • Lot Acres: 0.25
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 576
  • Deed Page: 837-38
  • Deed Recorded Type: Quit Claim

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 3998
  • Tax Year: 2022

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

MLS Schools

  • School District: Rutland City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 30, 2022
Sold by
Susmann Arthur H and Susmann Craig A
Bought by
Weise Patrick A
Seller's Agent
Bill Gilbert
Gilbert Realty and Development
Buyer's Agent
David Porteous
RE/MAX North Professionals
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Total Days on Market
16
Current Estimated Value
$277,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,802
Avg. Annual Appreciation
17.52%

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
Weise Patrick A $175,000 --
Weise Patrick A $175,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $175,000 -2.8% $49 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $180,000 -- $51 / 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 -- $160,100 $41,000 $119,100
2022 $5,528 $160,100 $41,000 $119,100
2021 $5,497 $160,100 $41,000 $119,100
2020 $5,333 $160,100 $41,000 $119,100
2019 $5,240 $160,100 $41,000 $119,100
2018 $5,253 $160,100 $41,000 $119,100
2017 $4,953 $160,100 $41,000 $119,100
2016 $4,955 $160,100 $41,000 $119,100
Source: Public Records

Agents Affiliated with this Home

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Source: PrimeMLS

MLS Number: 4906019

PrimeMLS

APN: 540-170-15388