NOT LISTED FOR SALE

92 Library Ave Rutland, VT 05701

Estimated Value: $112,000 - $252,000

3 Beds
2 Baths
1,786 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $95,000 $53 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,091/month

243 Days on Market

Highlights

  • Covered Patio or Porch
  • High Speed Internet
  • 4-minute walk to Baxter Street Park
  • Hot Water Heating System

About This Home

As of August 2021

Priced to sell is 2 family home that offers a very spacious feel in each apartment. The lower level offers in addition to the eat in kitchen a formal dining room, and access to the front porch. The second floor apartment has a spacious enclosed porch, two bedrooms and access to the attic. Rents could be adjusted; as of right now each tenant pays $900 with heat included, with tenant paying electric. There are two separate boilers so tenants could pay their own heat. The current cap rate is a little over 10 percent however owner could increase the rate with some adjustments.

Last Agent to Sell the Property

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 10/09/2020

Last Buyer's Agent

Noel Weeks

Welcome Home Real Estate License #081.0134312

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $21,600
  • Net Operating Income $10,308

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: North on Grove Street~left at light onto Library Avenue~house on left
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 53.19
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2961
  • Sq Ft - Apx Total Finished: 1786
  • Year Built: 1900
  • List Agent: 281929
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1786
  • Sq Ft - Apx Unfinished AG: 336
  • Sq Ft - Apx Unfinished BG: 839

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: MR
  • Deed Book: 400
  • Deed Page: 53
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 21600
  • Net Income: 10308
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4220.86
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Aug 30, 2021
Sold by
Anderson Judith E
Bought by
Zomchek Maryann
Seller's Agent
Hughes Group Team
Casella Real Estate
Buyer's Agent
Noel Weeks
Welcome Home Real Estate
List Price
$104,900
Sold Price
$95,000
Premium/Discount to List
-$9,900
-9.44%
Current Estimated Value
$177,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,413
Avg. Annual Appreciation
14.96%

Purchase Details

Listed on
May 18, 2018
Closed on
Sep 26, 2018
Sold by
Roman Catholic Diocese Of Burlington Inc
Bought by
Anderson Judith E
Seller's Agent
James Pell
Watson Realty & Associates
Buyer's Agent
Matt Lumsden
Matt Lumsden Real Estate
List Price
$49,500
Sold Price
$45,000
Premium/Discount to List
-$4,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.16%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Rogers Charles M and Rogers Rosemary
Bought by
Roman Catholic Diocese Of Burlington Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zomchek Maryann $95,000 --
Anderson Judith E $45,000 --
Roman Catholic Diocese Of Burlington Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2021 08/30/21 Sold $95,000 -9.4% $53 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $104,900 0.0% $59 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $104,900 +133.1% $59 / Sq Ft
09/28/2018 09/28/18 Sold $45,000 -9.1% $25 / Sq Ft View Prior Sale
08/28/2018 08/28/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $49,500 0.0% $28 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $49,500 -- $28 / Sq Ft
Source: PrimeMLS

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 -- $121,800 $40,400 $81,400
2023 -- $121,800 $40,400 $81,400
2022 $4,138 $121,800 $40,400 $81,400
2021 $4,259 $121,800 $40,400 $81,400
2020 $4,221 $121,800 $40,400 $81,400
2019 $0 $121,800 $40,400 $81,400
2018 $4,122 $121,800 $40,400 $81,400
2017 $3,838 $134,400 $40,400 $94,000
2016 $3,826 $121,800 $40,400 $81,400
2015 -- $1,344 $0 $0
2014 -- $1,344 $0 $0
2013 -- $1,344 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4833386

PrimeMLS

APN: 540-170-14708

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