NOT LISTED FOR SALE

73 Forest St Rutland, VT 05701

Estimated Value: $107,410 - $355,000

8 Beds
2 Baths
3,176 Sq Ft
$60/Sq Ft Est. Value

Last Sold September 14, 2015

Last sale price $32,500 $10 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $1,264/month

30 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • 1-minute walk to Monsignor Thomas Connor Memorial Park

About This Home

As of September 2015

Excellent investment property. This two unit property is priced to sell! Home will need complete heating system and electrical work but well worth a look.Property is sold "As Is" by Limited Warranty Deed with right to inspect. No property disclosure as owner has not occupied the home. Buyers are urged to verify all information.This property eligible under the Freddie Mac First Look Initiative through August 5, 2015

Last Agent to Sell the Property

Julie Buffum

Buffum Realty License #081.0070091 Listed on: 07/17/2015

Last Buyer's Agent

Nancy Greenwood

Watson Realty & Associates License #081.0134067

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage

Home Design

  • Rooming House
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Utilities

  • 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

1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Rooming House
  • Flood Zone: Unknown
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 3176
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Carpet, Hardwood
  • Total Rooms Above Ground: 13
  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2576
  • Sq Ft - Apx Finished BG: 600

Exterior Features

  • Construction: Wood Frame
  • Exterior: Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Parking Spaces 1 - 10
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Total Electric Meters: 1

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Zoning: RB

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3927.52
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 14, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
A & B Property Management Llc
Seller's Agent
Julie Buffum
Buffum Realty
Buyer's Agent
Nancy Greenwood
Watson Realty & Associates
List Price
$19,900
Sold Price
$32,500
Premium/Discount to List
$12,600
63.32%
Current Estimated Value
$191,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,353
Avg. Annual Appreciation
17.39%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Lapenna Michael F and Lapenna Lapenn Lori
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 4, 2012
Sold by
Lapenna Lori A
Bought by
Lapenna Michael F

Purchase Details

Closed on
Sep 30, 1999
Sold by
Veno John
Bought by
Lapenna Michael F and Lapenna Lori
Source: Public Records

Range of Values:

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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
A & B Property Management Llc $32,500 --
Federal Home Loan Mortgage Corporation -- --
Lapenna Michael F -- --
Lapenna Michael F -- --
Lapenna Michael F $99,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2015 09/14/15 Sold $32,500 +63.3% $10 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $19,900 -- $6 / 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 -- $65,500 $24,800 $40,700
2023 -- $65,500 $24,800 $40,700
2022 $2,262 $65,500 $24,800 $40,700
2021 $2,290 $65,500 $24,800 $40,700
2020 $2,270 $65,500 $24,800 $40,700
2019 $2,214 $65,500 $24,800 $40,700
2018 $2,217 $65,500 $24,800 $40,700
2017 $2,064 $124,600 $29,000 $95,600
2016 $2,057 $65,500 $24,800 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4438747

PrimeMLS

APN: 540-170-13083