NOT LISTED FOR SALE

70 Elm St Rutland, VT 05701

Estimated Value: $107,000 - $313,000

5 Beds
2 Baths
3,136 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $100,000 $32 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,488/month

33 Days on Market

Highlights

  • New Englander Architecture
  • Covered patio or porch
  • High Speed Internet

About This Home

As of July 2021

HANDSOME, CLASSIC DUPLEX IN NEED OF LOVE. This is a property worth investing in -- each unit is about 1500 square feet and has 2 bedrooms in one unit and 3 in the other. Bring it back to life and reap the financial benefits or live in one unit and rent out the other to help with expenses. Lots of shops and services nearby--not to mention world class skiing and recreational opportunities in surrounding areas! This is a Fannie Mae Homepath Property.

Last Agent to Sell the Property

Jeff Olson

BHHS Vermont Realty Group/Middlebury License #081.0128880 Listed on: 06/03/2021

BHHS Vermont Realty Group/Middlebury

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

  • 6,098 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • 2 Car Parking Spaces
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Rutland Senior High School

Utilities

  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

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

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: From North Main St. (Route 7), take Kendall Avenue west to Elm St. House is on the corner of Kendall and Elm.
  • Flood Zone: Unknown
  • Assessment Amount: 147800
  • Assessment Year: 2016
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 31.89
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4748
  • Sq Ft - Apx Total Finished: 3136
  • Property Type: Multi-Family
  • Year Built: 1884
  • Remarks Public: HANDSOME, CLASSIC DUPLEX IN NEED OF LOVE. This is a property worth investing in -- each unit is about 1500 square feet and has 2 bedrooms in one unit and 3 in the other. Bring it back to life and reap the financial benefits or live in one unit and rent out the other to help with expenses. Lots of shops and services nearby--not to mention world class skiing and recreational opportunities in surrounding areas! This is a Fannie Mae Homepath Property.
  • L A1 M M S I Memberkey: 614512
  • L A3 M M S I Memberkey: 617711
  • L A3 User Code: 617711
  • List Agent: 1359
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 69279
  • L O3 Homesnapcom: Yes
  • L O3 M M S I Officekey: 69279
  • S A1 M M S I Memberkey: 611818
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 72443
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 3136
  • Sq Ft - Apx Unfinished BG: 1612

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel, Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Slate
  • Easements: Unknown
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Parking Spaces 2

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Electric Company: Green Mountain Power
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Utilities: Cable - Available, Dsl - Available, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Rutland Central
  • High School: Rutland Senior High School
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 6098
  • Lot Acres: 0.14
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: MR-1
  • Deed Recorded Type: Deed to Seller Not Recorded

Tax Info

  • Tax Year Notes: 2020-21
  • Tax Gross Amount: 5121.72
  • Tax Year: 2021

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

MLS Schools

  • School District: Rutland Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Cheglakov Alexander and Sajin Ion
Total Days on Market
33
Current Estimated Value
$225,702

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 23, 2021
Sold by
Sajin Ion
Bought by
Cheglakov Alexander and Sajin Ion
Seller's Agent
Jeff Olson
BHHS Vermont Realty Group/Middlebury
Buyer's Agent
Diana Lynn Harvey
Alison McCullough Real Estate
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.85%

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 23, 2021
Sold by
Fannie Mae A/K/A Federal National Mortga
Bought by
Sajin Ion
Seller's Agent
Jeff Olson
BHHS Vermont Realty Group/Middlebury
Buyer's Agent
Diana Lynn Harvey
Alison McCullough Real Estate
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Purchase Details

Closed on
May 12, 2021
Sold by
Citizens Bank Na F/K/A Rbs Citizens

Purchase Details

Closed on
May 6, 2021
Sold by
Ayala Antoinette

Purchase Details

Closed on
Jan 19, 1989
Sold by
Engel Charles A
Bought by
Gray Barbara J
Source: Public Records

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Range of Values:

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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
-- $57,200 --
-- $57,200 --
Cheglakov Alexander $50,000 --
Sajin Ion $100,000 --
-- -- --
-- $103,500 --
Gray Barbara J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $100,000 -16.6% $32 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $119,900 -- $38 / 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 -- $147,800 $40,600 $107,200
2023 -- $147,800 $40,600 $107,200
2022 $5,104 $147,800 $40,600 $107,200
2021 $5,168 $147,800 $40,600 $107,200
2020 $5,122 $147,800 $40,600 $107,200
2019 $4,995 $147,800 $40,600 $107,200
2018 $5,002 $147,800 $40,600 $107,200
2017 $4,584 $147,800 $40,600 $107,200
2016 $4,583 $147,800 $40,600 $107,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4864776

PrimeMLS

APN: 540-170-10220