NOT LISTED FOR SALE

49 Howe St Rutland, VT 05701

Estimated Value: $191,000 - $294,000

12 Beds
5 Baths
3,708 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $185,000 $50 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,482/month

7 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Wood Siding

About This Home

As of December 2023

Introducing an excellent rental opportunity at 49 Howe St. This property features two duplexes on the same lot. The front building offers two fully occupied duplex units, each with two to three bedrooms, providing a stable rental income. The back unit is currently vacant, offering the potential for additional rental income or an owner-occupancy option. With a prime location and multiple units, this property presents a solid investment. Don't miss the chance to take advantage of the rental market in this area. Act now and seize the potential of this valuable opportunity!

Last Agent to Sell the Property

Seth Gewanter

Casella Real Estate License #082.0134953 Listed on: 10/31/2023

Last Buyer's Agent

Seth Gewanter

Casella Real Estate License #082.0134953 Listed on: 10/31/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,562

Year Built

  • Built in 1884

Lot Details

  • 0.26 Acre Lot
  • Lot Sloped Up

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $2,361,702
  • Gross Income $43,835
  • Net Operating Income $20,218

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,562

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Heading South On Forest St. Bear left on Howe St. The property will be on your right. Look for the sign.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 49.89
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5904
  • Sq Ft - Apx Total Finished: 3708
  • Year Built: 1884
  • List Agent: 289266
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 3708
  • Sq Ft - Apx Unfinished AG: 1076
  • Sq Ft - Apx Unfinished BG: 1120

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Wood
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard
  • Utilities: Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 11326
  • Lot Acres: 0.26
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Unknown
  • Deed Book: 668
  • Deed Page: 247-249
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 43835
  • Net Income: 20217.98
  • Total Units: 4
  • Total3 Plus Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 4562
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Cbm Howe Street Llc
Bought by
Cbm North St Llc
Current Estimated Value
$237,326

Purchase Details

Closed on
Dec 30, 2015
Sold by
Skarda Brian R
Bought by
Cbm Howe Street Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cbm North St Llc -- --
Cbm North St Llc -- --
Cbm Howe Street Llc $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $185,000 -7.5% $50 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $200,000 -- $54 / 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 -- $128,000 $28,700 $99,300
2023 -- $128,000 $28,700 $99,300
2022 $4,420 $128,000 $28,700 $99,300
2021 $4,476 $128,000 $28,700 $99,300
2020 $4,436 $128,000 $28,700 $99,300
2019 $4,326 $128,000 $28,700 $99,300
2018 $4,332 $128,000 $28,700 $99,300
2017 $4,033 $160,500 $28,700 $131,800
2016 $4,021 $128,000 $28,700 $99,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4976403

PrimeMLS

APN: 540-170-15165