NOT LISTED FOR SALE

47 Summer St Rutland, VT 05701

Estimated Value: $147,000 - $228,696

5 Beds
3 Baths
2,730 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $120,000 $44 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,169/month

79 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • High Speed Internet
  • New Englander Architecture
  • Baseboard Heating
  • Level Lot

About This Home

As of August 2022

Solid Investment opportunity! This three unit house sets on a fairly level lot with ample parking area. Two units are currently rented and have long term tenants in place. The third unit is vacant and available for owner occupancy or additional income. The electrical and plumbing systems have had upgrades, and the roof is fairly recent, as well as the boiler. Within walking distance of amenities, downtown area, shopping, parks etc.

Last Agent to Sell the Property

Denise Ozanne

802 For you Realty, LLC License #082.0134273 Listed on: 04/18/2022

Last Buyer's Agent

Denise Ozanne

802 For you Realty, LLC License #082.0134273 Listed on: 04/18/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1834

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,730 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Zoned Heating
  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas
  • Propane
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1834

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From State St turn onto West St then a quick right onto Summer St the house will be on the left
  • Assessment Amount: 115700
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 43.96
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3840
  • Sq Ft - Apx Total Finished: 2730
  • Year Built: 1834
  • Remarks Public: Solid Investment opportunity! This three unit house sets on a fairly level lot with ample parking area. Two units are currently rented and have long term tenants in place. The third unit is vacant and available for owner occupancy or additional income. The electrical and plumbing systems have had upgrades, and the roof is fairly recent, as well as the boiler. Within walking distance of amenities, downtown area, shopping, parks etc.
  • List Agent: 283678
  • Display On Internet: DSL – Available, High Speed Intrnt -Avail
  • Architectural Style: Multi-Family, New Englander
  • ResoLotFeatures: Level, Sidewalks
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Off Boiler
  • Flooring: Carpet, Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2730
  • Sq Ft - Apx Unfinished BG: 1110

Exterior Features

  • Driveway: Gravel
  • Foundation: Brick, Concrete, Marble, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle
  • Construction Type: Wood Frame, Other Exterior

Garage/Parking

  • Parking: Off Street, On-Site

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Multi Zone, Radiator
  • Total Electric Meters: 2
  • Total Water Heaters: 1
  • Utilities: Cable - Available, Gas - Lp/Bottle, Telephone Available
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Rutland City School District

Lot Info

  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Surveyed: Unknown
  • Zoning: MR-1
  • Deed Book: 444
  • Deed Page: 817-818
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4045.56
  • Tax Year: 2022

MLS Schools

  • School District: Rutland City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Aug 31, 2022
Sold by
Kollar Ivan
Seller's Agent
Denise Ozanne
802 For you Realty, LLC
Buyer's Agent
Denise Ozanne
802 For you Realty, LLC
List Price
$144,000
Sold Price
$120,000
Premium/Discount to List
-$24,000
-16.67%
Views
12
Current Estimated Value
$184,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,674
Avg. Annual Appreciation
17.71%

Purchase Details

Closed on
Nov 22, 2002
Sold by
Miles Ricky R and Miles Brenda H
Bought by
Kollar Ivan

Purchase Details

Closed on
Apr 9, 1998
Sold by
Yankee Associates
Bought by
Miles Brenda H and Miles Ricky R
Source: Public Records

Range of Values:

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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
-- $120,000 --
-- $120,000 --
Kollar Ivan $103,500 --
Kollar Ivan $103,500 --
Miles Brenda H $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $120,000 -13.7% $44 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $139,000 -3.5% $51 / Sq Ft
04/18/2022 04/18/22 For Sale $144,000 -- $53 / 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 -- $128,100 $40,600 $87,500
2023 -- $115,700 $40,600 $75,100
2022 $3,995 $115,700 $40,600 $75,100
2021 $4,046 $115,700 $40,600 $75,100
2020 $4,009 $115,700 $40,600 $75,100
2019 $3,910 $115,700 $40,600 $75,100
2018 $3,916 $115,700 $40,600 $75,100
2017 $3,646 $115,700 $40,600 $75,100
2016 $3,634 $115,700 $40,600 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4905577

PrimeMLS

APN: 540-170-17620