NOT LISTED FOR SALE

85 & 87 Jackson Ave Rutland City, VT 05701

Estimated Value: $270,536 - $363,000

6 Beds
6 Baths
3,750 Sq Ft
$86/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $365,000 $97 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $1,815/month

9 Days on Market

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • 1-minute walk to Rutland Rec Department

About This Home

As of June 2023

Opportunity awaits you with this 2 building income producing property! This property consists of a single family home built in 1984 with 2 bedrooms, 2 full baths and a 2000 sq ft multi family with four updated 1 bedroom units! The single family would make a great owners quarters with the updated heating system and an attached 2 car garage. All units are currently occupied, many with very long term tenants! Must be sold together.

Last Agent to Sell the Property

Rhonda Nash

Welcome Home Real Estate License #082.0008418 Listed on: 03/01/2023

Last Buyer's Agent

Rhonda Nash

Welcome Home Real Estate License #082.0008418 Listed on: 03/01/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.47 Acre Lot
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2-Story Property

Unfinished Basement

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $20,514
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: Route 7 to Jackson Ave
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 97.33
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5750
  • Sq Ft - Apx Total Finished: 3750
  • Year Built: 1890
  • Remarks Public: Opportunity awaits you with this 2 building income producing property! This property consists of a single family home built in 1984 with 2 bedrooms, 2 full baths and a 2000 sq ft multi family with four updated 1 bedroom units! The single family would make a great owners quarters with the updated heating system and an attached 2 car garage. All units are currently occupied, many with very long term tenants! Must be sold together.
  • List Agent: 21736
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 3750
  • Sq Ft - Apx Unfinished BG: 2000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Vinyl
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt, Slate

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Heat Units: 2
  • Total Ranges: 5
  • Total Refrigerators: 5

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 20473
  • Lot Acres: 0.47
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 545
  • Deed Page: 367
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 50400
  • Total Full Baths: 6
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

Tax Info

  • Taxes TBD: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jun 1, 2023
Sold by
Perry John D and Perry Sharon B
Bought by
Stratton Mountain Retreat Llc
Seller's Agent
Rhonda Nash
Welcome Home Real Estate
Buyer's Agent
Rhonda Nash
Welcome Home Real Estate
List Price
$365,000
Sold Price
$365,000
Views
8
Current Estimated Value
$278,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,669
Avg. Annual Appreciation
-10.48%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Mangan Edith D and Perry John D
Bought by
Mangan Edith D and Perry John D
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 Buyer Sale Price Title Company
Stratton Mountain Retreat Llc $189,800 --
Stratton Mountain Retreat Llc $189,800 --
Mangan Edith D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $365,000 0.0% $97 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $365,000 -- $97 / 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 -- $162,500 $56,300 $106,200
2023 -- $162,500 $56,300 $106,200
2022 $5,611 $162,500 $56,300 $106,200
2021 $5,682 $162,500 $56,300 $106,200
2020 $5,631 $162,500 $56,300 $106,200
2019 $5,492 $162,500 $56,300 $106,200
2018 $5,500 $162,500 $56,300 $106,200
2017 $5,121 $162,500 $56,300 $106,200
2016 $5,104 $162,500 $56,300 $106,200
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Nash

    Seller's Agent in 2023

    Rhonda Nash

    Welcome Home Real Estate

    (802) 353-7075

    32 in this area

    84 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4944444

PrimeMLS

APN: 540-170-13387

Vermont Rutland County Rutland 05701

85 & 87 Jackson Ave, Rutland, VT

This home is located at 85 & 87 Jackson Ave, Rutland City, VT 05701 since 01 March 2023 and is currently estimated at $321,634, approximately $85 per square foot. This property was built in 1890. 85 & 87 Jackson Ave is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior 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.

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