NOT LISTED FOR SALE

40 Patch St Proctor, VT 05765

Estimated Value: $208,000 - $248,362

4 Beds
2 Baths
1,920 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $165,000 $86 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,522/month

42 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Double Pane Windows
  • Deck
  • 3 Car Detached Garage
  • Garden

About This Home

As of July 2022

Great investment opportunity!! This duplex is located on a quiet street in Proctor. Large flat lot that allows plenty of room for gardening, kids to play and pets to run around. Both units are 2 bed 1 bath apartments. The unit on the right side has a smaller 3rd room that would be great for a small nursery/home office/walk in closet. Both units have large eat in kitchens. Both units each have a separate deck off the back of the house where you can enjoy beautiful open views of the mountains. The entire building has replacement windows. Another great feature is that this property has 2 detached garages! One 2 car garage with storage room above, and another one car garage that can also be used a shed to store tools, lawn mower, motorcycles, etc. Each apartment has all separate utilities including separate furnaces that have been cleaned and serviced every single year. Separate hot water tanks. Both apartments have new oil tanks as of 2019. They also have individual power meters. This is a great opportunity for a 1st time home buyer looking to have some rental income to help with expenses or someone who is just looking for an investment property. Call/text/email to schedule a private showing today!!

Last Agent to Sell the Property

Claire Thompson

Real Broker LLC License #082.0134643 Listed on: 03/30/2022

Last Buyer's Agent

Betsy Franzoni

Franzoni Real Estate Company License #081.0004500

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 1910

Lot Details

  • 0.37 Acre Lot
  • Level Lot
  • Open Lot
  • Garden

Parking

  • 3 Car Detached Garage
  • Automatic Garage Door Opener
  • Stone Driveway
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Mountain Views

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Schools

  • Proctor Elementary School
  • Proctor Jr/Sr High Middle School
  • Proctor Jr/Sr High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • Oil Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,897

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From Business Rte 4 in center Rutland, take Rte. 3 into Proctor. At the stop sign in the center of town, continue straight and Patch Street is on the left side of the road.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 85.94
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2880
  • Sq Ft - Apx Total Finished: 1920
  • Year Built: 1910
  • Remarks Public: Great investment opportunity!! This duplex is located on a quiet street in Proctor. Large flat lot that allows plenty of room for gardening, kids to play and pets to run around. Both units are 2 bed 1 bath apartments. The unit on the right side has a smaller 3rd room that would be great for a small nursery/home office/walk in closet. Both units have large eat in kitchens. Both units each have a separate deck off the back of the house where you can enjoy beautiful open views of the mountains. The entire building has replacement windows. Another great feature is that this property has 2 detached garages! One 2 car garage with storage room above, and another one car garage that can also be used a shed to store tools, lawn mower, motorcycles, etc. Each apartment has all separate utilities including separate furnaces that have been cleaned and serviced every single year. Separate hot water tanks. Both apartments have new oil tanks as of 2019. They also have individual power meters. This is a great opportunity for a 1st time home buyer looking to have some rental income to help with expenses or someone who is just looking for an investment property. Call/text/email to schedule a private showing today!!
  • List Agent: 286839
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Sump Pump, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 1920
  • Sq Ft - Apx Unfinished BG: 960

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Marble
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Slate
  • Easements: Yes
  • Features Exterior: Deck, Garden Space, Outbuilding, Storage, Windows - Double Pane, Windows - Energy Star

Garage/Parking

  • Garage Capacity: 3
  • Parking: Driveway, Garage, Parking Spaces 4
  • Garage: Yes
  • Garage Description: Auto Open
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil, Owned, Separate
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - At Site, Dsl - Available, High Speed Intrnt -Atsite, Telephone At Site

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Proctors School District
  • Elementary School: Proctor Elementary School
  • Middle School: Proctor Jr/Sr High School
  • High School: Proctor Jr/Sr High School
  • Elementary School: Proctor Elementary School
  • High School: Proctor Jr/Sr High School

Lot Info

  • Lot Sq Ft: 16117
  • Lot Acres: 0.37
  • Lot Description: Level, Mountain View, Open, View
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 663
  • Deed Page: 416-418
  • Deed Recorded Type: Warranty

Multi Family

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

Tax Info

  • Tax Gross Amount: 2897.45
  • Tax Year: 2021

MLS Schools

  • School District: Proctors School District
  • School Middle Jr: Proctor Jr/Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jul 18, 2022
Sold by
Schutt Gregory A
Bought by
Kish Jason N and Kish Rachael L
Seller's Agent
Claire Thompson
Real Broker LLC
Buyer's Agent
Betsy Franzoni
Franzoni Real Estate Company
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Total Days on Market
42
Current Estimated Value
$231,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,091
Avg. Annual Appreciation
13.89%

Purchase Details

Closed on
Feb 16, 2007
Sold by
Mckay Nathan J
Bought by
Schutt Gregory A
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 Buyer Sale Price Title Company
Kish Jason N $165,000 --
Schutt Gregory A $145,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $165,000 -8.3% $86 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $179,900 0.0% $94 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $179,900 -35.7% $94 / Sq Ft
03/30/2022 03/30/22 For Sale $279,900 -- $146 / 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 -- $126,810 $19,400 $107,410
2023 -- $126,810 $19,400 $107,410
2022 $3,092 $126,810 $19,400 $107,410
2021 $3,227 $126,810 $19,400 $107,410
2020 $3,304 $126,810 $19,400 $107,410
2019 $3,322 $126,810 $19,400 $107,410
2018 $3,252 $126,810 $19,400 $107,410
2017 $3,101 $126,810 $19,400 $107,410
2016 $3,340 $147,000 $39,000 $108,000
Source: Public Records

Agents Affiliated with this Home

  • Claire Thompson

    Seller's Agent in 2022

    Claire Thompson

    Real Broker LLC

    (347) 932-8587

    2 in this area

    34 Total Sales

    Claire Thompson
    Section Image
  • Betsy Franzoni

    Buyer's Agent in 2022

    Betsy Franzoni

    Franzoni Real Estate Company

    (802) 345-2896

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4902925

PrimeMLS

APN: 498-157-10469

Vermont Rutland County Proctor 05765

40 Patch St, Proctor, VT

This home is located at 40 Patch St, Proctor, VT 05765 since 30 March 2022 and is currently estimated at $231,091, approximately $120 per square foot. This property was built in 1910. 40 Patch St is a home located in Rutland County with nearby schools including Proctor Elementary School and Proctor Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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