NOT LISTED FOR SALE

49 Summer St Rutland, VT 05701

Estimated Value: $228,000 - $262,107

6 Beds
2 Baths
2,910 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $188,700 $65 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,571/month

46 Days on Market

Highlights

  • New Englander Architecture
  • Double Pane Windows
  • Forced Air Heating System
  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Baseboard Heating

About This Home

As of January 2023

One of the best Multi-Family values on the market. Excellent cash flow opportuity fo astute investors. Good Tenants already inplace, one is long term 10+ years. There is not much to improve on, as the current owner has been quite fastidious with maintenance and general upkeep. Many upgrades have been done, replacment windows, electrical and plumbing systems, and wallboard to name a few. The interior features nicely appointed eat in kitchens with ample counter and cabinet space.The baths and kitchens have ceramic tile floors, as well as very spacious livingrooms, along with three good size bedrooms. Large rear entry mudrooms great for extra storage. Outside you'll find newer porches, and the chimney recently had a liner and cap installed. This one won't last long, priced to sell! For showings contact Blue Ridge Real Estate, Denise Ozanne 304-445-3134 denise.r.ozanne@gmail.com

Last Agent to Sell the Property

Denise Ozanne

802 For you Realty, LLC License #082.0134273 Listed on: 10/31/2022

Last Buyer's Agent

Ailaini Corsones-Brown

Four Corner Properties LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1834

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1834

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, New Englander
  • Directions: From Grove Street Turn onto State Street then a quick right onto Summer Street Property is on the left.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 64.85
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4749
  • Sq Ft - Apx Total Finished: 2910
  • Year Built: 1834
  • Remarks Public: One of the best Multi-Family values on the market. Excellent cash flow opportuity for astute investors. Good Tenants already inplace, one is long term 10+ years. There is not much to improve on, as the current owner has been quite fastidious with maintenance and general upkeep. Many upgrades have been done, replacment windows, electrical and plumbing systems, and wallboard to name a few. The interior features nicely appointed eat in kitchens with ample counter and cabinet space.The baths and kitchens have ceramic tile floors. Very spacious livingrooms, along with three good size bedrooms. Large rear entry mudrooms great for extra storage. Outside you'll find newer porches, and the chimney recently had a liner and cap installed. This one won't last long, priced to sell!
  • List Agent: 283678
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Dirt Floor, Gravel, Stairs - Interior, Interior Access
  • Sq Ft - Apx Finished AG: 2910
  • Sq Ft - Apx Unfinished AG: 384
  • Sq Ft - Apx Unfinished BG: 1455

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood
  • Foundation: Block, Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Features Exterior: Porch - Covered, Windows - Double Pane

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Johnson Energy
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Heat Pump
  • Heating Fuel: Oil
  • Heating: Baseboard, Forced Air
  • Electric Company: GMP
  • Total Electric Meters: 3
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Rutland City School District

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot, Street Lights
  • Surveyed: Unknown
  • Zoning: MR-1
  • Deed Book: 608
  • Deed Page: 110-111
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 5028

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

MLS Schools

  • School District: Rutland City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Jan 27, 2023
Sold by
Wingravehall Llc
Bought by
Myers Mary J
Seller's Agent
Denise Ozanne
802 For you Realty, LLC
Buyer's Agent
Ailaini Corsones-Brown
Four Corner Properties LLC
List Price
$189,000
Sold Price
$188,700
Premium/Discount to List
-$300
-0.16%
Views
50
Current Estimated Value
$245,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,577
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Garfinkel Maxine
Bought by
Wingravehall Llc

Purchase Details

Closed on
Jun 22, 1989
Sold by
Brothers Francis C and Brothers Aline
Bought by
Stryhas Ted and Stryhas Roberta
Source: Public Records

Range of Values:

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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
Myers Mary J $188,700 --
Myers Mary J $188,700 --
Wingravehall Llc $180,000 --
Stryhas Ted $91,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $188,700 -0.2% $65 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $189,000 -- $65 / 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 -- $143,800 $40,600 $103,200
2023 -- $143,800 $40,600 $103,200
2022 $4,966 $143,800 $40,600 $103,200
2021 $5,028 $143,800 $40,600 $103,200
2020 $4,983 $143,800 $40,600 $103,200
2019 $4,860 $143,800 $40,600 $103,200
2018 $4,867 $143,800 $40,600 $103,200
2017 $4,531 $143,800 $40,600 $103,200
2016 $4,517 $143,800 $40,600 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4935756

PrimeMLS

APN: 540-170-15368