NOT LISTED FOR SALE

73 Leonard Dr Pittsford, VT 05763

Estimated Value: $140,000 - $245,000

7 Beds
4 Baths
3,456 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $135,000 $39 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,388/month

97 Days on Market

Highlights

  • 2.4 Acre Lot
  • Garden
  • Baseboard Heating
  • Countryside Views
  • Outdoor Storage
  • High Speed Internet

About This Home

As of September 2017

Solid 4-unit apartment building with excellent rental history. Each apartment has its own storage room. Gross income includes approximately $2,700 revenue from coin-op washer and dryer. Estimated NOI of $17,000-$20,000 could be greater with hands-on property management. Desirable country location convenient to Rutland, Middlebury, Burlington. Affordable investment opportunity!

Last Agent to Sell the Property

Betsy Reddy

Watson Realty & Associates License #082.0007073 Listed on: 05/24/2017

Last Buyer's Agent

Betsy Reddy

Watson Realty & Associates License #082.0007073 Listed on: 05/24/2017

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1984

Lot Details

  • 2.4 Acre Lot
  • Dirt Road
  • Level Lot
  • Garden

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,456 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Countryside Views

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Car Parking Spaces
  • Shared Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Otter Valley Uhsd 8 Middle School
  • Otter Valley Uhsd #8 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 200+ Amp Service
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • North Country Prop. Mgmt. Association

Building Details

  • 1 Separate Gas Meter
  • Gross Income $39,000
  • Net Operating Income $17,014

Property Details

Home Type

Apartment

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From Rutland take Route 7 North. Leonard Drive is on right just north of Vaillancourt Tree. Property is at end of drive on left.
  • Flood Zone: Unknown
  • Assessment Amount: 219400
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 39.06
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3456
  • Sq Ft - Apx Total Finished: 3456
  • Year Built: 1984
  • Remarks Public: Solid 4-unit apartment building with excellent rental history. Each apartment has its own storage room. Gross income includes approximately $2,700 revenue from coin-op washer and dryer. Estimated NOI of $17,000-$20,000 could be greater with hands-on property management. Desirable country location convenient to Rutland, Middlebury, Burlington. Affordable investment opportunity!
  • List Agent: 21791
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Sq Ft - Apx Finished AG: 3456

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Dirt
  • Exterior: Wood Siding
  • Foundation: Slab - Concrete
  • Road Frontage: Yes
  • Roads: Dirt, Private
  • Roof: Shingle - Asphalt
  • Features Exterior: Garden Space, Storage, Window Screens

Garage/Parking

  • Parking: Off Street, Parking Spaces 6+

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Fuel Company: Irving Energy
  • Sewer: Septic
  • Water: Drilled Well
  • Water Heater: Gas - LP/Bottle, Owned, Tank
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard
  • Electric Company: Green Mountain Power
  • Total Electric Meters: 1
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 2
  • Trash: Tenant
  • Utilities: Cable - Available, Gas - Lp/Bottle, High Speed Intrnt -Avail

Condo/Co-op/Association

  • Management Company: North Country Prop. Mgmt.

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Lothrop School
  • Middle School: Otter Valley UHSD 8 (Rut)
  • High School: Otter Valley UHSD #8
  • Elementary School: Lothrop School
  • High School: Otter Valley UHSD #8

Lot Info

  • Lot Sq Ft: 104544
  • Lot Acres: 2.4
  • Lot Description: Country Setting, Level
  • Surveyed: Yes
  • Zoning: Mixed
  • Deed Book: 113
  • Deed Page: 362
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39000
  • Net Income: 17014
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 4482.78
  • Tax Year: 2017

MLS Schools

  • School Middle Jr: Otter Valley UHSD 8 (Rut)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2006
Sold by
Worley Dorsey W
Bought by
Doaner Andrew and Doaner Kevin
Current Estimated Value
$207,891
Source: Public Records

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
Doaner Andrew $191,580 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $135,000 -15.1% $39 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $159,000 -- $46 / 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 $2,996 $110,700 $31,800 $78,900
2023 $2,516 $110,700 $31,800 $78,900
2022 $3,207 $110,700 $31,800 $78,900
2021 $2,517 $110,700 $31,800 $78,900
2020 $2,495 $110,700 $31,800 $78,900
2019 $2,292 $110,700 $31,800 $78,900
2018 $1,618 $73,600 $38,800 $34,800
2017 $1,648 $80,700 $38,800 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4636749

PrimeMLS

APN: 735-234-11012