NOT LISTED FOR SALE

50 Prospect St Rutland, VT 05701

Estimated Value: $264,000

-- Bed
3 Baths
2,928 Sq Ft
$90/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $22,500 $8 Per Sq Ft

Est. 1,073% increase in value since last sale

Current estimated payment $1,648/month

100 Days on Market

Highlights

  • Hot Water Heating System
  • Historic Home
  • 2-minute walk to Justin Thomas Playground

About This Home

As of September 2019

"Damsel In Distress" in need of a dashing HERO!! Historic Vintage in the City with two, three bedroom, one bath units and one bedroom, one bath studio. This building is listed on the Historic Registry. In 2008 the property had a Lead Abatement completed by the State of Vermont, insulation, newer windows, heating system and vinyl siding. Great City location!!

Last Agent to Sell the Property

Diana Lynn Harvey

Alison McCullough Real Estate License #082.0002718 Listed on: 05/03/2019

Last Buyer's Agent

Diana Lynn Harvey

Alison McCullough Real Estate License #082.0002718 Listed on: 05/03/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1864

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Sloped Up
  • Historic Home

Parking

  • Shared Driveway

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,928 Sq Ft Home
  • 3-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Historic Vintage
  • Directions: Route 7 West to Washington Street to Prospect Street to 50 on right
  • Flood Zone: Unknown
  • Assessment Amount: 127300
  • Assessment Year: 2019
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 3
  • Price Per Sq Ft: 7.68
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4323
  • Sq Ft - Apx Total Finished: 2928
  • Year Built: 1864
  • List Agent: 22063
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full, Stairs - Exterior, Unfinished, Walkout
  • Sq Ft - Apx Finished AG: 2928
  • Sq Ft - Apx Unfinished BG: 1395

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Yes

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 3920
  • Lot Acres: 0.09
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Mixed Residential
  • Deed Recorded Type: Deed to Seller Not Recorded

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 4308.56
  • Tax Year: 2019

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

MLS Schools

  • School District: Rutland City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2001
Sold by
Allen Mary J
Bought by
Flaim Eric J
Current Estimated Value
$264,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flaim Eric J $69,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2019 09/17/19 Sold $22,500 0.0% $8 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
08/09/2019 08/09/19 Off Market $22,500 -- --
08/09/2019 08/09/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $24,900 -9.5% $9 / Sq Ft
06/21/2019 06/21/19 Price Changed $27,500 -8.0% $9 / Sq Ft
06/14/2019 06/14/19 For Sale $29,900 0.0% $10 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $29,900 -- $10 / 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 -- $127,300 $35,300 $92,000
2023 -- $127,300 $35,300 $92,000
2022 $4,396 $127,300 $35,300 $92,000
2021 $4,451 $127,300 $35,300 $92,000
2020 $4,411 $127,300 $35,300 $92,000
2019 $4,302 $127,300 $35,300 $92,000
2018 $4,309 $127,300 $35,300 $92,000
2017 $4,011 $127,300 $35,300 $92,000
2016 $3,999 $127,300 $35,300 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4749093

PrimeMLS

APN: 540-170-11851