NOT LISTED FOR SALE

42 S Main St Rutland, VT 05701

Estimated Value: $263,211 - $336,000

7 Beds
4 Baths
3,226 Sq Ft
$92/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $200,000 $62 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,846/month

19 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to Main Street Park
  • Porch

About This Home

As of October 2021

Turn Key Rutland 4 family. Updates include :Roof, New Heating System, New Hot Water Tanks, Updated Electrical. Fully rented, Long Term Tenants. Close to all Rutland amenities. 11.6% Cap Rate. Financing pre-approval / Proof of funds required for all showings. Call today, This one will not last.

Last Agent to Sell the Property

David White

OwnerEntry.com Listed on: 04/21/2021

Last Buyer's Agent

Joshua Lemieux

Remax Summit License #081.0133976

Remax Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,410

Year Built

  • Built in 1860

Lot Details

  • 0.26 Acre Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,226 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Rutland Northeast Primary Sch Elementary School
  • Rutland Middle School
  • Rutland Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,410

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Assessment Amount: 130400
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4226
  • Sq Ft - Apx Total Finished: 3226
  • Year Built: 1860
  • List Agent: 284338
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3226
  • Sq Ft - Apx Unfinished BG: 1000

Exterior Features

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

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Forced Air

Fee Information

  • Tax Class: TBD

Schools

  • Elementary School: Rutland Northeast Primary Sch
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 11326
  • Lot Acres: 0.26
  • Surveyed: Unknown
  • Zoning: R
  • Deed Book: 00
  • Deed Page: 00

Multi Family

  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4410
  • Tax Year: 2020

MLS Schools

  • School District: Rutland City School District
  • School Middle Jr: Rutland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Aug 26, 2021
Sold by
Morrison Ellen A
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Joshua Lemieux
Remax Summit
List Price
$199,735
Sold Price
$200,000
Premium/Discount to List
$265
0.13%
Current Estimated Value
$295,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,553
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Jul 15, 2021
Sold by
Fast House Closing Llc
Bought by
Morrison Ellen A

Purchase Details

Closed on
Mar 3, 2021
Sold by
Jessup John P

Purchase Details

Closed on
Aug 8, 2005
Sold by
Rainville Joseph R
Bought by
Jessup John P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
-- $130,400 --
-- $130,400 --
Morrison Ellen A $195,000 --
Morrison Ellen A $195,000 --
-- $118,493 --
-- $118,493 --
Jessup John P $182,000 --
Jessup John P $182,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2021 10/06/21 Sold $200,000 +0.1% $62 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $199,735 -- $62 / 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 -- $130,400 $35,900 $94,500
2023 -- $130,400 $35,900 $94,500
2022 $4,503 $130,400 $35,900 $94,500
2021 $4,560 $130,400 $35,900 $94,500
2020 $4,410 $130,400 $35,900 $94,500
2019 $4,407 $130,400 $35,900 $94,500
2018 $5,788 $171,000 $35,900 $135,100
2017 $5,388 $171,000 $35,900 $135,100
2016 $5,371 $171,000 $35,900 $135,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David White

    OwnerEntry.com

    (617) 345-9800

    17 in this area

    1,030 Total Sales

    David White
    Section Image
  • Joshua Lemieux

    Buyer's Agent in 2021

    Joshua Lemieux

    RE/MAX

    (802) 417-1109

    41 in this area

    119 Total Sales

    Joshua Lemieux
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4856695

PrimeMLS

APN: 540-170-14572

Vermont Rutland County Rutland 05701

42 S Main St, Rutland, VT

Not Listed for Sale

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