NOT LISTED FOR SALE

9 Chaplin Ave Rutland, VT 05701

Estimated Value: $176,000 - $200,000

4 Beds
3 Baths
2,336 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $118,500 $51 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,159/month

105 Days on Market

Highlights

  • Barn
  • Porch
  • High Speed Internet
  • Wood Flooring
  • Baseboard Heating
  • Walk-Up Access

About This Home

As of January 2022

This 3 unit multi-family could make for both a great investment property, but also an owner occupied with a large 2 bedroom unit with an office and an attached barn, which is hard to find when it comes to multi-families. You could live here and have the other two units cover most, if not all, of the expense of your mortgage. If looking into this as an investment property, you will see that it produces a successful CAP rate of just over 10%, has separate electric and heat for all units, plumbing and electrical has been updated. 73 South Main St is also for sale and could be sold together for a price of $310,000. See MLS# 4876674

Last Agent to Sell the Property

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 08/09/2021

Last Buyer's Agent

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 08/09/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,336 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Additional Features

  • Porch
  • Barn

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,548
  • Gross Income $21,000
  • Net Operating Income $15,305

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Route 7 turn onto Chaplin Ave - Property on left
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 50.73
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3504
  • Sq Ft - Apx Total Finished: 2336
  • Year Built: 1900
  • List Agent: 281929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2336
  • Sq Ft - Apx Unfinished BG: 1168

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Slate
  • Features Exterior: Barn, Porch

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic, Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Utilities: High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 12632
  • Lot Acres: 0.29
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: unknown
  • Deed Recorded Type: Deed to be Obtained

Multi Family

  • Gross Income: 21000
  • Net Income: 15305
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4147.96
  • Tax Year: 2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $118,500 -12.2% $51 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $135,000 -- $58 / 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 -- $119,700 $56,600 $63,100
2023 -- $119,700 $56,600 $63,100
2022 $4,133 $119,700 $56,600 $63,100
2021 $4,185 $119,700 $56,600 $63,100
2020 $4,148 $119,700 $56,600 $63,100
2019 $4,045 $119,700 $56,600 $63,100
2018 $4,051 $119,700 $56,600 $63,100
2017 $3,772 $119,700 $56,600 $63,100
2016 $3,760 $119,700 $56,600 $63,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4876675

PrimeMLS

APN: 540-170-11325