NOT LISTED FOR SALE

42 S Main St Rutland, VT 05701

Estimated Value: $281,000 - $312,000

7 Beds
4 Baths
3,226 Sq Ft
$91/Sq Ft Est. Value

Last Sold October 06, 2021

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

Est. 47% increase in value since last sale

Current estimated payment $1,858/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
  • Remarks Public: 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.
  • 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

  • School District: Rutland City School District
  • Elementary School: Rutland Northeast Primary Sch
  • Middle School: Rutland Middle School
  • High School: Rutland Senior High School
  • 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
$294,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,777
Avg. Annual Appreciation
8.19%

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:

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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
-- $130,400 --
Morrison Ellen A $195,000 --
-- $118,493 --
Jessup John P $182,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

    1,077 Total Sales

    David White
    Section Image
  • Joshua Lemieux

    Buyer's Agent in 2021

    Joshua Lemieux

    RE/MAX

    (802) 417-1109

    42 in this area

    121 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

This home is located at 42 S Main St, Rutland, VT 05701 since 21 April 2021 and is currently estimated at $294,777, approximately $91 per square foot. This property was built in 1860. 42 S Main St is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland 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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