NOT LISTED FOR SALE

469 Main St West Rutland, VT 05777

Estimated Value: $315,457

10 Beds
7 Baths
4,288 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $245,000 $57 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,272/month

3 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • Walk-Up Access
  • High Speed Internet

About This Home

As of October 2021

Spacious units. nice location minutes to shopping and Rutland city Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes , insurance cleaning and maintenance and professional Management fees , Steady income NOI $26,436 Cap Rate 11% For more information call Mike Kalil 802-342-8899 or email mike.kalilrealestate@gmail.com

Last Agent to Sell the Property

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 04/23/2021

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 04/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1915

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 7 Full Bathrooms
  • 4,288 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Schools

  • West Rutland Elementary And Middle School
  • West Rutland High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $31,464
  • Gross Income $57,900
  • Net Operating Income $26,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,064

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 57.14
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5536
  • Sq Ft - Apx Total Finished: 4288
  • Year Built: 1915
  • Remarks Public: Spacious units. nice location minutes to shopping and Rutland city Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes , insurance cleaning and maintenance and professional Management fees , Steady income NOI $26,436 Cap Rate 11%
  • List Agent: 21713
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 4288
  • Sq Ft - Apx Unfinished BG: 1248

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Plastic
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Utilities: Dsl - Available, High Speed Intrnt -Avail, Phone

Fee Information

  • Tax Class: Homestead

Schools

  • School District: West Rutland School District
  • Elementary School: West Rutland School
  • Middle School: West Rutland School
  • High School: West Rutland School
  • Elementary School: West Rutland School
  • High School: West Rutland School

Lot Info

  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 201
  • Deed Page: 147
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 57900
  • Net Income: 26436
  • Total Full Baths: 7
  • Total Units: 7
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 5064
  • Tax Year: 2021

MLS Schools

  • School District: West Rutland School District
  • School Middle Jr: West Rutland School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Oct 22, 2021
Sold by
Nayla Llc
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Mike Kalil
Watson Realty & Associates
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$315,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,457
Avg. Annual Appreciation
6.56%

Purchase Details

Listed on
May 8, 2010
Closed on
Mar 2, 2012
Sold by
Taylor Tracy and Taylor Justine
Bought by
Nayla Llc
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Mike Kalil
Watson Realty & Associates
List Price
$309,900
Sold Price
$255,000
Premium/Discount to List
-$54,900
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%
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
-- $230,000 --
-- $230,000 --
Nayla Llc $255,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $245,000 -1.6% $57 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $249,000 -2.4% $58 / Sq Ft
03/02/2012 03/02/12 Sold $255,000 -17.7% $59 / Sq Ft View Prior Sale
12/21/2011 12/21/11 Pending -- -- --
05/08/2010 05/08/10 For Sale $309,900 -- $72 / 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 $7,201 $266,100 $41,300 $224,800
2023 $6,048 $266,100 $41,300 $224,800
2022 $7,710 $266,100 $41,300 $224,800
2021 $6,050 $266,100 $41,300 $224,800
2020 $5,998 $266,100 $41,300 $224,800
2019 $5,509 $266,100 $41,300 $224,800
2018 $4,794 $218,000 $48,400 $169,600
2017 $4,882 $218,000 $48,400 $169,600
2016 $4,704 $218,000 $48,400 $169,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Kalil

    Seller's Agent in 2021

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    5 in this area

    106 Total Sales

    Mike Kalil
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Map

Source: PrimeMLS

MLS Number: 4857340

PrimeMLS

APN: 735-234-10885

Vermont Rutland County West Rutland 05777

469 Main St, West Rutland, VT

This home is located at 469 Main St, West Rutland, VT 05777 since 23 April 2021 and is currently estimated at $315,457, approximately $73 per square foot. This property was built in 1915. 469 Main St is a home located in Rutland County with nearby schools including West Rutland School and Mount St. Joseph Academy.

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