$368,000
SOLD JAN 16, 2025

54 Mechanic St Castleton, VT 05735

-- Bed
2 Baths
3,300 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

3% Below List Price

91 Days on Market

Highlights

  • Shed
  • Baseboard Heating
  • Wood Siding
  • Vinyl Plank Flooring
  • Level Lot

About This Home

As of January 2025

Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.

Last Agent to Sell the Property

Bill Gilbert

Gilbert Realty and Development License #081.0003069 Listed on: 07/12/2024

Last Buyer's Agent

Bill Gilbert

Gilbert Realty and Development License #081.0003069 Listed on: 07/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3,300 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Shed

Schools

  • Castleton Elementary School
  • Castleton-Hubbardton Village Middle School
  • Fair Haven Uhsd #16 High School

Utilities

  • Baseboard Heating
  • Separate Meters
  • Cable TV Available

Community Details

  • 2 Units
  • Gross Income $57,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,076

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Sign. Use GPS
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 111.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4950
  • Sq Ft - Apx Total Finished: 3300
  • Year Built: 1920
  • Remarks Public: Great Investment Opportunity located in downtown Castleton and walking distance to Vermont State University. Minutes to Lake Bomoseen and a short drive to Killington and Pico ski areas. Recently renovated with 2 units both with 4 bedrooms and 1 bath. Currently rented until May 2025. Either a great investment or live in one unit and rent the other collecting serious rental income. Figures available to qualified buyers.
  • List Agent: 3423
  • Display On Internet: Unknown
  • Architectural Style: Duplex
  • ResoLotFeatures: Level
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Vinyl Plank
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Interior Access
  • Sq Ft - Apx Finished AG: 3300
  • Sq Ft - Apx Unfinished BG: 1650

Exterior Features

  • Driveway: Gravel
  • Foundation: Stone
  • Road Frontage: Yes
  • Roof: Slate
  • Easements: Yes
  • Features Exterior: Shed
  • Construction Type: Wood Frame, Wood Siding

Garage/Parking

  • Parking: On-Site

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating: Propane, Baseboard
  • Separate Utilities: Yes
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Utilities: Cable
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: CastletonHubbardton USD 4
  • Elementary School: Castleton Elementary School
  • Middle School: Castleton-Hubbardton Village
  • High School: Fair Haven UHSD #16
  • Elementary School: Castleton Elementary School
  • High School: Fair Haven UHSD #16

Lot Info

  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Zoning: residential
  • Deed Book: 145
  • Deed Page: 714-15
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 57120
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3076.2
  • Tax Year: 2024

MLS Schools

  • School District: CastletonHubbardton USD 4
  • School Middle Jr: Castleton-Hubbardton Village

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jan 16, 2025
Sold by
Morrill House Llc
Bought by
Fiorello Janine
Seller's Agent
Bill Gilbert
Gilbert Realty and Development
Buyer's Agent
Bill Gilbert
Gilbert Realty and Development
List Price
$379,000
Sold Price
$368,000
Premium/Discount to List
-$11,000
-2.9%
Views
40
Current Estimated Value
$382,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,183
Avg. Annual Appreciation
5.47%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $368,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $368,000 -2.9% $112 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $379,000 -- $115 / 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 $3,517 $138,900 $30,600 $108,300
2023 $3,077 $138,900 $30,600 $108,300
2022 $2,929 $138,900 $30,600 $108,300
2021 $2,964 $138,900 $30,600 $108,300
2020 $3,030 $138,900 $30,600 $108,300
2019 $2,872 $138,900 $30,600 $108,300
2018 $2,832 $138,900 $30,600 $108,300
2017 $2,837 $138,900 $30,600 $108,300
2016 $2,851 $138,900 $30,600 $108,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Bill Gilbert

    Gilbert Realty and Development

    (802) 265-8834

    50 in this area

    105 Total Sales

    Bill Gilbert
    Section Image
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Map

Source: PrimeMLS

MLS Number: 5004856

PrimeMLS

APN: 129-040-11017

Vermont Rutland County Castleton 05735

54 Mechanic St, Castleton, VT

This home is located at 54 Mechanic St, Castleton, VT 05735 and is currently priced at $368,000, approximately $111 per square foot. This property was built in 1920. 54 Mechanic St is a home located in Rutland County with nearby schools including Castleton Elementary School, Castleton Village School, and Fair Haven Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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