NOT LISTED FOR SALE

39 Grant Ave Rutland, VT 05701

Estimated Value: $243,151 - $282,000

7 Beds
4 Baths
2,896 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $220,000 $76 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,659/month

9 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Level Lot
  • Wood Flooring
  • High Speed Internet
  • 5-minute walk to Main Street Park

About This Home

As of April 2022

Solid four-unit property, with three 2-bedroom units and one 1-bedroom unit. Replacement windows throughout, and interiors have been fully updated since 2014. One unit recently vacated makes owner occupancy an opportunity. Solid rental history with long-term tenants. One of the first floor units has doors leading to deck and back yard. One upstairs unit has a sizable back deck. This neighborhood is amazingly convenient to Rutland's downtown, whether you're headed to the theatre, restaurants, shops or Farmer's Market, and also an easy drive to Pico and Killington Ski areas.

Last Agent to Sell the Property

Betsy Reddy

Watson Realty & Associates License #082.0007073 Listed on: 03/07/2022

Last Buyer's Agent

Kerry Dismuke

Four Seasons Sotheby's Int'l Realty License #082.0134376

Four Seasons Sotheby's Int'l Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Shared Driveway
  • Dirt Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Northwest Primary Elementary School
  • Rutland Middle School
  • Rutland Senior High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $11,272
  • Gross Income $40,200
  • Net Operating Income $28,928

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,395

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, New Englander
  • Directions: Grant Avenue runs east to west between Nichols Street and Elm Street. Property is on north side of Grant Avenue.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 75.97
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4026
  • Sq Ft - Apx Total Finished: 2896
  • Year Built: 1900
  • Remarks Public: Solid four-unit property, with three 2-bedroom units and one 1-bedroom unit. Replacement windows throughout, and interiors have been fully updated since 2014. One unit recently vacated makes owner occupancy an opportunity. Solid rental history with long-term tenants. One of the first floor units has doors leading to deck and back yard. One upstairs unit has a sizable back deck. This neighborhood is amazingly convenient to Rutland's downtown, whether you're headed to the theatre, restaurants, shops or Farmer's Market, and also an easy drive to Pico and Killington Ski areas.
  • List Agent: 21791
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2896
  • Sq Ft - Apx Unfinished BG: 1130

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Dirt, Gravel
  • Exterior: Clapboard, Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck

Garage/Parking

  • Parking: Off Street, On-Site

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Oil
  • Heating: Radiator
  • Electric Company: Green Mt. Power
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 1
  • Trash: Cans, Owner, Private
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Northwest Primary School
  • Middle School: Rutland Middle School
  • High School: Rutland Senior High School
  • Elementary School: Northwest Primary School
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 638
  • Deed Page: 944
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 40200
  • Net Income: 28928
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 4395.2
  • Tax Year: 2022

MLS Schools

  • School Middle Jr: Rutland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 29, 2022
Sold by
Savage Suzanne M
Seller's Agent
Betsy Reddy
Watson Realty & Associates
Buyer's Agent
Kerry Dismuke
Four Seasons Sotheby's Int'l Realty
List Price
$218,000
Sold Price
$220,000
Premium/Discount to List
$2,000
0.92%
Total Days on Market
9
Current Estimated Value
$263,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,038
Avg. Annual Appreciation
7.34%

Purchase Details

Listed on
Apr 23, 2014
Closed on
Oct 23, 2014
Sold by
Skyweeks Llc
Bought by
Savage Edward R and Savage Suzanne M
Seller's Agent
Nancy Greenwood
Watson Realty & Associates
Buyer's Agent
Pam Stanley
Four Seasons Sotheby's Int'l Realty
List Price
$102,500
Sold Price
$89,300
Premium/Discount to List
-$13,200
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%

Purchase Details

Closed on
Feb 3, 2005
Sold by
Taylor Tracy and Taylor Justine
Bought by
Skyweeks Llc
Source: Public Records

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Range of Values:

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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
-- $220,000 --
Savage Edward R $90,000 --
Skyweeks Llc $160,000 --
Skyweeks Llc $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $220,000 +0.9% $76 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $218,000 +144.1% $75 / Sq Ft
10/23/2014 10/23/14 Sold $89,300 -12.9% $31 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $102,500 -- $35 / 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 -- $130,100 $48,700 $81,400
2023 -- $130,100 $48,700 $81,400
2022 $4,341 $125,700 $48,700 $77,000
2021 $4,395 $125,700 $48,700 $77,000
2020 $4,356 $125,700 $48,700 $77,000
2019 $4,248 $125,700 $48,700 $77,000
2018 $4,254 $125,700 $48,700 $77,000
2017 $3,961 $133,400 $48,700 $84,700
2016 $3,948 $125,700 $48,700 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4900130

PrimeMLS

APN: 540-170-15453