NOT LISTED FOR SALE

50 Pine St Rutland, VT 05701

Estimated Value: $48,000 - $302,000

4 Beds
2 Baths
1,808 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $40,000 $22 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $767/month

68 Days on Market

Highlights

  • Softwood Flooring
  • Enclosed Patio or Porch
  • Heating System Uses Steam
  • 2 Car Detached Garage

About This Home

As of August 2023

Here's an opportunity to own your next investment property in Rutland City. This two unit Duplex features an apartment on the main floor and then another on the upper floor. Both units are two bedroom and one bathroom. The home also features a full unfinished basement and separate garage in the yard. It's just a short distance to downtown, the laundromat, and the bus route. Property has freeze damage. Seller and agency have no knowledge of systems, buyer responsible to verify all data, property sold as-is.

Last Agent to Sell the Property

Mark Duchaine, Jr.

BHHS Vermont Realty Group/S Burlington License #081.0111017 Listed on: 06/01/2023

BHHS Vermont Realty Group/S Burlington

Last Buyer's Agent

Noel Weeks

Welcome Home Real Estate License #081.0134312

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 2-Story Property

Flooring

  • Softwood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch
  • Outbuilding

Schools

  • Rutland Northeast Primary Sch Elementary School
  • Rutland Middle School
  • Rutland Senior High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From Rutland City turn onto Grove street. Take a left onto Maple Street. And then a left onto Pine Street. Property is on your left and house is white.
  • Footprint: 22 x 43
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 22.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2891
  • Sq Ft - Apx Total Finished: 1808
  • Year Built: 1930
  • List Agent: 25924
  • 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

  • Flooring: Carpet, Softwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 1808
  • Sq Ft - Apx Unfinished AG: 242
  • Sq Ft - Apx Unfinished BG: 841

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Outbuilding, Porch, Porch - Enclosed

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Steam
  • Electric Company: Green Mountain Power
  • Utilities: Cable - Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Rutland Northeast Primary Sch
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 3920
  • Lot Acres: 0.09
  • Lot Description: City Lot
  • Zoning: Residential
  • Deed Book: 727
  • Deed Page: 432
  • Deed Recorded Type: Limited Warranty Deed

Multi Family

  • Total Units: 2
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 1828.72
  • Tax Year: 2022

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
Jun 1, 2023
Closed on
Aug 25, 2023
Sold by
Tinajero Josefina
Bought by
Christen Gary
Seller's Agent
Mark Duchaine, Jr.
BHHS Vermont Realty Group/S Burlington
Buyer's Agent
Noel Weeks
Welcome Home Real Estate
List Price
$43,900
Sold Price
$40,000
Premium/Discount to List
-$3,900
-8.88%
Views
515
Current Estimated Value
$122,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,744
Avg. Annual Appreciation
63.17%

Purchase Details

Listed on
Jul 28, 2022
Closed on
Dec 16, 2022
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tinajero Josefina
Seller's Agent
Mark Duchaine, Jr.
BHHS Vermont Realty Group/S Burlington
Buyer's Agent
Mark Duchaine, Jr.
BHHS Vermont Realty Group/S Burlington
List Price
$65,900
Sold Price
$40,000
Premium/Discount to List
-$25,900
-39.3%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Dec 29, 2021
Sold by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 14, 2020
Sold by
Johnston Kamberleigh W and Johnston Marjorie W

Purchase Details

Closed on
Feb 10, 1989
Sold by
Provost Agnes P
Bought by
Provost Agnes P and Mondella Jane S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Christen Gary $40,000 --
Christen Gary $40,000 --
Christen Gary $40,000 --
Christen Gary $40,000 --
Christen Gary $40,000 --
Tinajero Josefina $40,000 --
Tinajero Josefina $40,000 --
Tinajero Josefina $40,000 --
-- -- --
-- -- --
-- -- --
-- $100,000 --
-- $100,000 --
-- $100,000 --
Provost Agnes P $30,000 --
Provost Agnes P $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $40,000 -8.9% $22 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $43,900 +9.8% $24 / Sq Ft
12/16/2022 12/16/22 Sold $40,000 +0.3% $22 / Sq Ft View Prior Sale
11/16/2022 11/16/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $39,900 -11.1% $22 / Sq Ft
10/11/2022 10/11/22 Price Changed $44,900 -10.0% $25 / Sq Ft
09/27/2022 09/27/22 Price Changed $49,900 -9.1% $28 / Sq Ft
09/12/2022 09/12/22 Price Changed $54,900 -16.7% $30 / Sq Ft
07/28/2022 07/28/22 For Sale $65,900 -- $36 / 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 -- $52,300 $40,400 $11,900
2023 -- $52,300 $40,400 $11,900
2022 $1,806 $52,300 $40,400 $11,900
2021 $1,829 $52,300 $40,400 $11,900
2020 $2,914 $84,100 $40,400 $43,700
2019 $2,842 $84,100 $40,400 $43,700
2018 $2,846 $84,100 $40,400 $43,700
2017 $2,650 $95,400 $40,400 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4955172

PrimeMLS

APN: 540-170-12801