Seller's Agent in 2022
Alison McCullough
Alison McCullough Real Estate
(802) 747-8822
83 in this area
143 Total Sales
42 Edgerton St Rutland, VT 05701
Estimated Value: $336,000 - $496,000
8
Beds
5
Baths
4,848
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Deck
- Covered Patio or Porch
- High Speed Internet
- Wood Flooring
- 6 Car Detached Garage
About This Home
As of September 2022Incredibly maintained 4 unit in desirable northeast section of Rutland. Excellent rental history, positive cash flow and great cap rate. Offers 2 - 2 bedrooms -1100 sq ft, One - large loft studio - 1100 sq ft, One – 3 bedroom/2 bath - 1500 sq ft., 6 bay garage. The Buderus furnace installed 2008/2009 with a logmatic controller. Units have radiators except for apartment #3, loft has heat pump. Weatherization, includes heat pump, energy efficient air exchange bathroom fans, basement - foam insulation (walls and rim joists), whole house blown in closed cell insulation, new insulated basement door. Washer/dryer hookups for 3 of the apartments. Tenants pay own electric/hot water and trash removal and Apt 3 pays own heat.
Last Agent to Sell the Property
Alison McCullough Real Estate License #081.0064536 Listed on: 06/20/2022
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,769
Year Built
- Built in 1918
Lot Details
- 7,841 Sq Ft Lot
- Lot Sloped Up
Parking
- 6 Car Detached Garage
- Gravel Driveway
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 5 Full Bathrooms
- 2.5-Story Property
Flooring
- Wood
- Carpet
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Radiator
- Heat Pump System
- Heating System Uses Oil
- Water Heater Leased
- High Speed Internet
- Cable TV Available
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $24,999
- Gross Income $57,000
- Net Operating Income $32,001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2024
Sold by
Patel Prachi
Bought by
Mds Home Llc
Current Estimated Value
Purchase Details
Listed on
Jun 20, 2022
Closed on
Sep 30, 2022
Sold by
Baldwin Lois
Bought by
Patel Prachi
Seller's Agent
Alison McCullough
Alison McCullough Real Estate
Buyer's Agent
Eric Hier
Northland Real Estate
List Price
$395,000
Sold Price
$344,000
Premium/Discount to List
-$51,000
-12.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.70%
Purchase Details
Closed on
Apr 21, 2006
Sold by
Ruggiero John M
Bought by
Vandenburg Lois A
Purchase Details
Closed on
Jan 1, 1992
Sold by
Ruggiero Nicholas A and Markiewicz James T
Bought by
Ruggiero John M and Seward-Ruggiero Chiara
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mds Home Llc | -- | -- | |
| Patel Prachi | $344,000 | -- | |
| Patel Prachi | $344,000 | -- | |
| Vandenburg Lois A | $228,000 | -- | |
| Ruggiero John M | $18,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $344,000 | -12.9% | $71 / Sq Ft |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- |
| 06/20/2022 06/20/22 | For Sale | $395,000 | -- | $81 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | -- | $193,600 | $56,000 | $137,600 |
| 2023 | -- | $193,600 | $56,000 | $137,600 |
| 2022 | $6,685 | $193,600 | $56,000 | $137,600 |
| 2021 | $6,769 | $193,600 | $56,000 | $137,600 |
| 2020 | $6,709 | $193,600 | $56,000 | $137,600 |
| 2019 | $6,543 | $193,600 | $56,000 | $137,600 |
| 2018 | $6,553 | $193,600 | $56,000 | $137,600 |
| 2017 | $6,101 | $193,600 | $56,000 | $137,600 |
| 2016 | $6,081 | $193,600 | $56,000 | $137,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2022
Eric Hier
Northland Real Estate
(802) 417-9263
19 in this area
92 Total Sales
Map
Source: PrimeMLS
MLS Number: 4916534
APN: 540-170-14791
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