NOT LISTED FOR SALE

2837 Cold River Rd North Clarendon, VT 05759

Estimated Value: $251,000

4 Beds
2 Baths
2,461 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 05, 2019

Last sale price $158,000 $64 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,595/month

283 Days on Market

Highlights

  • 1 Acre Lot
  • Deck
  • Baseboard Heating
  • Colonial Architecture
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of March 2019

A great Rutland Town two family property is extremely hard to find so do not over look this one. Rents are low so improvement for increased income is definitely here. Many improvements have gone into this property over the years such as asphalt roof in 2015, blown in insulation, vinyl windows, vinyl siding, and updated electrical. Each unit is beautifully maintained, drilled well and septic(city water/sewer available), spacious 1 acre grounds, detached 1 car garage(downstairs tenant has use), septic pumped 2017, rear deck, and full walk up attic offers great storage. Both tenants are month to month, with downstairs tenant paying $1,100 which includes heat/hot water/electricity/ plowing/yard. Upstairs tenant pays $700 which includes heat/hot water/ plowing/yard. Upstairs tenant has two bedrooms. There is a one bedroom upstairs that is for owners use and is not part of the tenants rent(it could result in a 3 bedroom rental, generating more revenue. Great property. Downstairs tenant to remain in place until July 1, 2019.

Last Agent to Sell the Property

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 04/15/2018

Last Buyer's Agent

Melissa Loughan

Westside Real Estate License #081.0003204

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Drilled Well
  • Water Heater Leased
  • Septic Tank

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $21,600
  • Net Operating Income $14,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,484

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: Route 7-turn by Uhaul- property on the right, approx. 1/2 mile
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 64.2
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3486
  • Sq Ft - Apx Total Finished: 2461
  • Year Built: 1900
  • Remarks Public: A great Rutland Town two family property is extremely hard to find so do not over look this one. Rents are low so improvement for increased income is definitely here. Many improvements have gone into this property over the years such as asphalt roof in 2015, blown in insulation, vinyl windows, vinyl siding, and updated electrical. Each unit is beautifully maintained, drilled well and septic(city water/sewer available), spacious 1 acre grounds, detached 1 car garage(downstairs tenant has use), septic pumped 2017, rear deck, and full walk up attic offers great storage. Both tenants are month to month, with downstairs tenant paying $1,100 which includes heat/hot water/electricity/ plowing/yard. Upstairs tenant pays $700 which includes heat/hot water/ plowing/yard. Upstairs tenant has two bedrooms. There is a one bedroom upstairs that is for owners use and is not part of the tenants rent(it could result in a 3 bedroom rental, generating more revenue. Great property. Downstairs tenant to remain in place until July 1, 2019.
  • List Agent: 281929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2461
  • Sq Ft - Apx Unfinished BG: 1025

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp
  • Sewer: Septic
  • Water: Drilled Well
  • Water Heater: Electric, Rented
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 43560
  • Lot Acres: 1
  • Lot Description: Level
  • Zoning: unknown
  • Deed Book: 103
  • Deed Page: 220-221
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 21600
  • Net Income: 14256
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 2483.85
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2018
Closed on
Mar 5, 2019
Sold by
Brownell Kathryn K
Bought by
Schu I Lance
Seller's Agent
Hughes Group Team
Casella Real Estate
Buyer's Agent
Melissa Loughan
Westside Real Estate
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%
Current Estimated Value
$251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,000
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Dec 20, 2015
Sold by
Brownell Kathryn G
Bought by
Gibson Sharon A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schu I Lance -- --
Gibson Sharon A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $158,000 -1.2% $64 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $159,900 +1.2% $65 / Sq Ft
10/01/2018 10/01/18 Off Market $158,000 -- --
09/18/2018 09/18/18 For Sale $159,900 +1.2% $65 / Sq Ft
09/16/2018 09/16/18 Off Market $158,000 -- --
07/18/2018 07/18/18 Price Changed $159,900 -5.9% $65 / Sq Ft
07/03/2018 07/03/18 Price Changed $169,900 -5.1% $69 / Sq Ft
05/31/2018 05/31/18 Price Changed $179,000 -3.8% $73 / Sq Ft
04/15/2018 04/15/18 For Sale $186,000 -- $76 / 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 $2,507 $144,100 $46,600 $97,500
2022 $2,509 $144,100 $46,600 $97,500
2021 $2,609 $144,100 $46,600 $97,500
2020 $2,532 $144,100 $46,600 $97,500
2019 $2,366 $144,100 $46,600 $97,500
2018 $2,484 $144,100 $46,600 $97,500
2017 $2,401 $144,100 $46,600 $97,500
2016 $2,388 $144,100 $46,600 $97,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4686313

PrimeMLS

APN: 543-171-10237