$140,000
SOLD DEC 18, 2024

99 Park St Rutland, VT 05701

4 Beds
2 Baths
1,600 Sq Ft
0.65 Acres

Recently Sold

$88 Per Sq Ft

26% Below List Price

37 Days on Market

Highlights

  • Mountain View
  • Double Pane Windows
  • Vinyl Plank Flooring
  • Covered Patio or Porch
  • Garden
  • Baseboard Heating

About This Home

As of December 2024

This Two Family Investment Property Is Priced to Sell. Well maintained, positive cash flow investment properties, priced right, are hard to find, but not now. This clean, well maintained, two family, with spacious 2 bed, 1 bath apartments has newer manufactured flooring, fresh paint, clean carpets, full kitchens, washer and dryer in both apartments, added attic insulation, comfortable BBHW oil heat, low maintenance vinyl siding and vinyl windows, all on an oversized .65 acre City lot. In addition, you have privacy, with plenty of off street parking, in a quieter area, only blocks away from local shopping, dining, parks, trails, or seasonal events and recreation; and within 20 minutes of Killington/Pico Ski Resort or Lake Bomoseen. You're also less than two hours to Burlington or Albany International Airport. Make an appointment to see this property today. Allow 48 hours for showing. A must see.

Last Agent to Sell the Property

Mark Triller

Real Broker LLC License #082.0134786 Listed on: 09/25/2024

Last Buyer's Agent

Mark Triller

Real Broker LLC License #082.0134786 Listed on: 09/25/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 0.65 Acre Lot
  • Level Lot
  • Garden

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,600 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Plank Flooring
  • Mountain Views

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Schools

  • Northwest Primary Elementary School
  • Rutland Intermediate School
  • Rutland Senior High School

Utilities

  • Baseboard Heating
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,661
  • Gross Income $30,600
  • Net Operating Income $15,939

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: 99 Park Street. Sign in Front
  • Flood Zone: Yes
  • Assessment Amount: 116500
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 87.5
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2400
  • Sq Ft - Apx Total Finished: 1600
  • Year Built: 1935
  • List Agent: 287881
  • Display On Internet: Internet - Cable
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Level, Mountain View
  • Road Frontage Type: Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Off Boiler
  • Flooring: Vinyl Plank
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 1600
  • Sq Ft - Apx Unfinished BG: 800

Exterior Features

  • Driveway: Gravel
  • Foundation: Stone
  • Road Frontage: TBD
  • Roof: Slate
  • Easements: Yes
  • Features Exterior: Garden Space, Porch - Covered, Windows - Double Pane
  • Construction Type: Wood Frame, Vinyl Siding

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Johnson
  • Sewer: Public
  • Heating: Oil, Baseboard
  • Electric Company: GMP
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable - Available, Telephone Available
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Northwest Primary School
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 28314
  • Lot Acres: 0.65
  • Surveyed: Unknown
  • Zoning: 10
  • Deed Book: 518
  • Deed Page: 535
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 30600
  • Net Income: 15939
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 4513
  • Tax Year: 25

MLS Schools

  • School District: Rutland City School District
  • School Middle Jr: Rutland Intermediate School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Dec 18, 2024
Sold by
Stajay Properties Llc
Bought by
Rizzo Enterprises Llc
Seller's Agent
Mark Triller
Real Broker LLC
Buyer's Agent
Mark Triller
Real Broker LLC
List Price
$189,000
Sold Price
$140,000
Premium/Discount to List
-$49,000
-25.93%
Views
38
Current Estimated Value
$146,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,610
Avg. Annual Appreciation
5.09%
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 Type Sale Price Title Company
Deed $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $140,000 -21.8% $88 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $179,000 -5.3% $112 / Sq Ft
09/25/2024 09/25/24 For Sale $189,000 -- $118 / 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 -- $116,500 $29,800 $86,700
2023 -- $116,500 $29,800 $86,700
2022 $4,023 $116,500 $29,800 $86,700
2021 $4,074 $116,500 $29,800 $86,700
2020 $4,037 $116,500 $29,800 $86,700
2019 $3,937 $116,500 $29,800 $86,700
2018 $3,943 $116,500 $29,800 $86,700
2017 $3,671 $116,500 $29,800 $86,700
2016 $3,660 $116,500 $29,800 $86,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5015954

PrimeMLS

APN: 540-170-18766