NOT LISTED FOR SALE

31 High St Proctor, VT 05765

Estimated Value: $153,347 - $288,000

13 Beds
6 Baths
5,787 Sq Ft
$37/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $126,000 $22 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,356/month

284 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Open Lot

About This Home

As of October 2020

Here is a great investment opportunity in Proctor. On the property is a 4667 sqft 4 unit multifamily and a 1120 sqft 3 bedroom manufactured home. The windows have been replaced with all vinyl windows and the roof was replaced approximately 6 years ago as well as the furnace. The current owner has not increased rental amounts in 10 years so there is possibility for more income.

Last Agent to Sell the Property

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 01/06/2020

Last Buyer's Agent

Livian Vermont

KW Vermont License #082.0133781

KW Vermont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.47 Acre Lot
  • Open Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 5,787 Sq Ft Home
  • 2.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Phone Available

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $13,541
  • Gross Income $49,920
  • Net Operating Income $23,873

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Route 3 turn onto Main Stret ~ Take Slight left onto Church St. ~ Right onto High St~ Property will be on your left.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 21.77
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5787
  • Sq Ft - Apx Total Finished: 5787
  • Property Type: Multi-Family
  • Year Built: 1880
  • Remarks Public: Here is a great investment opportunity in Proctor. On the property is a 4667 sqft 4 unit multifamily and a 1120 sqft 3 bedroom manufactured home. The windows have been replaced with all vinyl windows and the roof was replaced approximately 6 years ago as well as the furnace. The current owner has not increased rental amounts in 10 years so there is possibility for more income.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 5787

Exterior Features

  • Construction: Manufactured Home, Wood Frame
  • Driveway: Gravel
  • Exterior: Aluminum, Vinyl
  • Foundation: Brick, Marble, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Tank
  • Heating Fuel: Oil
  • Heating: Electric, Forced Air, Radiator
  • Utilities: Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 20473
  • Lot Acres: 0.47
  • Lot Description: Open
  • Zoning: Residential
  • Deed Book: 66
  • Deed Page: 102
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 49920
  • Net Income: 23873
  • Total Units: 5
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 5030.84
  • Tax Year: 2017

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $126,000 0.0% $22 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/14/2020 10/14/20 Off Market $126,000 -- --
10/14/2020 10/14/20 Pending -- -- --
08/21/2020 08/21/20 Off Market $126,000 -- --
08/21/2020 08/21/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $149,500 -6.3% $26 / Sq Ft
01/06/2020 01/06/20 For Sale $159,500 -- $28 / 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 -- $78,580 $0 $78,580
2023 -- $78,580 $0 $78,580
2022 $2,019 $78,580 $0 $78,580
2021 $2,084 $78,580 $0 $78,580
2020 $2,123 $78,580 $0 $78,580
2019 $2,116 $78,580 $0 $78,580
2018 $2,031 $78,580 $0 $78,580
2017 $1,921 $78,580 $0 $78,580
2016 $1,579 $69,500 $0 $69,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hughes Group Team

    Casella Real Estate

    (802) 772-7487

    16 in this area

    459 Total Sales

    Hughes Group Team
    Section Image

  • L

    Buyer's Agent in 2020

    Livian Vermont

    KW Vermont

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4789545

PrimeMLS

APN: 498-157-10376

Vermont Rutland County Proctor 05765

31 High St, Proctor, VT

This home is located at 31 High St, Proctor, VT 05765 since 06 January 2020 and is currently estimated at $214,337, approximately $37 per square foot. This property was built in 1880. 31 High St is a home located in Rutland County with nearby schools including Proctor Elementary School and Proctor Junior/Senior High School.

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