$20,000
SOLD NOV 25, 2013

38 Forest St Rutland, VT 05701

2 Beds
2 Baths
1,104 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

42% Below List Price

166 Days on Market

Highlights

  • Softwood Flooring
  • Enclosed patio or porch
  • 4-minute walk to Monsignor Thomas Connor Memorial Park

About This Home

As of March 2019

Two family house waiting for your renovation. Property being sold "AS IS" by Limited or Special Warranty Deed. This is a Fannie Mae HomePath property and is approved for the HomePath Renovation Mortgage. You may buy it for as little as 3% down if you qualify.

Last Agent to Sell the Property

James Watson

Watson Realty & Associates License #081.0000346 Listed on: 06/12/2013

Last Buyer's Agent

James Watson

Watson Realty & Associates License #081.0000346 Listed on: 06/12/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,104 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Schools

  • Northwest Primary Elementary School
  • Rutland Intermediate School

Additional Features

  • Enclosed patio or porch
  • 100 Amp Service

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Southeast corner of Forrest and Union Streets.
  • Flood Zone: Unknown
  • Assessment Amount: 87700
  • Assessment Year: 2013
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 18.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 1104
  • Year Built: 1900
  • Remarks Public: Two family house waiting for your renovation. Property being sold "AS IS" by Limited or Special Warranty Deed. This is a Fannie Mae HomePath property and is approved for the HomePath Renovation Mortgage. You may buy it for as little as 3% down if you qualify.
  • List Agent: 21787
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Softwood, Vinyl
  • Total Rooms Above Ground: 6
  • Basement: Yes
  • Basement Description: Full, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 1104

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Shingle
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Enclosed

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Northwest Primary School
  • Middle School: Rutland Intermediate School
  • Elementary School: Northwest Primary School

Lot Info

  • Lot Sq Ft: 3049
  • Lot Acres: 0.07
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: MR-1
  • Deed Book: 541
  • Deed Page: 274
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2764.39
  • Tax Year: 2013

MLS Schools

  • School Middle Jr: Rutland Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2017
Sold by
Kaja Holdings 2 Llc
Total Days on Market
166
Current Estimated Value
$193,500

Purchase Details

Listed on
Jun 12, 2013
Closed on
Oct 29, 2013
Sold by
Federal National Mortgage Association
Bought by
Kaja Holdings 2 Llc
Seller's Agent
James Watson
Watson Realty & Associates
Buyer's Agent
James Watson
Watson Realty & Associates
List Price
$34,500
Sold Price
$20,000
Premium/Discount to List
-$14,500
-42.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.36%

Purchase Details

Closed on
May 13, 2013
Sold by
Talone Susan M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2007
Sold by
Lapre Property Management Llc
Bought by
Talone Susan M

Purchase Details

Closed on
May 19, 1998
Sold by
Massores Joseph D
Bought by
Massores Joseph D and Massores Holly M

Purchase Details

Closed on
Jun 2, 1988
Sold by
Bolduc Estelle D
Bought by
Massores Joseph D and Belden Holly Marie
Source: Public Records

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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Deed $11,350 --
Foreclosure Deed -- --
Grant Deed $94,000 --
Interfamily Deed Transfer -- --
Grant Deed $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $12,000 -19.5% $9 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $14,900 -25.5% $11 / Sq Ft
11/25/2013 11/25/13 Sold $20,000 -42.0% $18 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $34,500 -- $31 / 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
2021 $622 $71,200 $25,400 $45,800
2020 $1,245 $71,200 $25,400 $45,800
2019 $0 $37,700 $28,200 $9,500
2018 $2,810 $87,700 $28,200 $59,500
2017 $2,759 $87,700 $28,200 $59,500
2016 $0 $87,700 $28,200 $59,500
2015 -- $877 $0 $0
2014 -- $877 $0 $0
2013 -- $877 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4245775

PrimeMLS

APN: 540-170-13092