NOT LISTED FOR SALE

55 Elm St Rutland, VT 05701

Estimated Value: $240,000 - $264,000

4 Beds
2 Baths
2,510 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $71,900 $29 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,588/month

171 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Wood Siding

About This Home

As of December 2017

Nice, neat 2 unit property. This Victorian era home has hardwood floors throughout, a fireplace in each unit, bay windows, updated kitchens and a detached garage, covered front porch and nice yard. This may be the perfect home for owner occupant set up. Centrally located in the heart of Rutland.

Last Agent to Sell the Property

Julie Buffum

Buffum Realty License #081.0070091 Listed on: 05/26/2017

Last Buyer's Agent

Diana Lynn Harvey

Alison McCullough Real Estate License #082.0002718

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1884

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2,510 Sq Ft Home
  • 2.5-Story Property

Unfinished Basement

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

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2.5
  • Price Per Sq Ft: 28.65
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3632
  • Sq Ft - Apx Total Finished: 2510
  • Year Built: 1884
  • Remarks Public: Nice, neat 2 unit property. This Victorian era home has hardwood floors throughout, a fireplace in each unit, bay windows, updated kitchens and a detached garage, covered front porch and nice yard. This may be the perfect home for owner occupant set up. Centrally located in the heart of Rutland.
  • List Agent: 23215
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Full, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2510
  • Sq Ft - Apx Unfinished BG: 1122

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Wood
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Radiator
  • Separate Utilities: Yes

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 660
  • Deed Page: 884-886
  • Deed Recorded Type: Foreclosure

Multi Family

  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5500
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2017
Sold by
Phh Mortgage Corporation
Bought by
Federal National Mortgage Association
Current Estimated Value
$252,000

Purchase Details

Closed on
Jan 20, 2017
Sold by
Evans Susan B
Source: Public Records

Range of Values:

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Average Value
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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
Federal National Mortgage Association -- --
-- $53,724 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $71,900 -4.1% $29 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/02/2017 11/02/17 Price Changed $75,000 -21.0% $30 / Sq Ft
10/31/2017 10/31/17 For Sale $94,900 -5.1% $38 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $100,000 -- $40 / 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
2021 $940 $110,200 $32,600 $77,600
2020 $1,879 $110,200 $32,600 $77,600
2019 $0 $110,200 $32,600 $77,600
2018 $0 $110,200 $32,600 $77,600
2017 $0 $143,300 $40,800 $102,500
2016 $0 $143,300 $40,800 $102,500
2015 -- $1,433 $0 $0
2014 -- $1,433 $0 $0
2013 -- $1,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4636623

PrimeMLS

APN: 540-170-17531