2831 Highway 7

Closed 12/18/20
Closed 12/18/20
Gallery Image 1
Sold
Last Sold Price
$75,000
3 beds1,920 sqft
2831 Highway 7, Rutland Town, VT 05701
Multi FamilyProperty Type
1.1 acresLot Size
1960Year Built
$39/sq ftPrice per sq ft
6 carsParking Spaces

Description

Two apartments and a commercial space right on Route 7! Three potential rentals, or live in one apartment and rent out the other two spaces. Ample parking. Bonus: Price well below town assessment! This is a Fannie Mae HomePath Property.Two apartments and a commercial space right on Route 7! Three potential rentals, or live in one apartment and rent out the other two spaces. Ample parking. Bonus: Price well below town assessment! This is a Fannie Mae HomePath Property.

    Sold By Addison County Real Estate

    • Listed by: Jeff Olson • Addison County Real Estate
    Listing closed: 12/18/2020 12:00 AM • Source: New England Real Estate Network, MLS#: 4803914

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    Recent comparable sales

    Median sold price

    $489,000

    Avg days on market

    47

    Sale-to-list ratio

    95.5%

    Rutland Town, VT

    9 comparable properties found

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    164 Oles Drive, Rutland Town, VT 05701

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    119 Lester Lane, Rutland Town, VT 05701

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    274 North Grove Street, Rutland Town, VT 05701

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    148 Pinnacle Ridge Road, Rutland Town, VT 05701

    $525,000 | 125 Carmel Place, Unit 125, Rutland Town, VT 05701
    1/42
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    125 Carmel Place, Unit 125, Rutland Town, VT 05701

    $690,000 | 27 Blackberry Ridge Place, Rutland Town, VT 05736
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    27 Blackberry Ridge Place, Rutland Town, VT 05736

    $285,000 | 124 Flory Heights, Rutland Town, VT 05736
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    124 Flory Heights, Rutland Town, VT 05736

    $340,000 | 38 East Proctor Road, Rutland Town, VT 05736
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    38 East Proctor Road, Rutland Town, VT 05736

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    $606 per month

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    Principal and Interest

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    Property Taxes

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    Property Information for 2831 Highway 7

    Property Details
    • Taxes: $2,467 / year
    • MLS Type: Multi Family
    • County: Rutland County
    • Parking: Off Street, Parking Spaces 6+
    • Zoning: None
    Building Information
    • Stories: 2
    • Residences: 2
    • Year Built: 1960
    • Lot Size: 1.10 AC / 47,916 SF
    Summary
    Location and General Information
    • Area Description: Business District, Near Skiing
    • City: Rutland Town
    • County: VT-Rutland
    • Directions: Building is on the west side of U.S. Route 7 about 2.8 miles north of the Rutland City line and just south of the Pittsford town line.
    • Latitude: 43.663590193488744
    • Longitude: -72.992223067459108
    • Road Frontage: TBD
    • Seasonal: No
    • State: VT
    • Zip: 05701
    Taxes and HOA Information
    • SPAN Number: 543-171-11202
    • Tax - Gross Amount: $2,467.08
    • Tax Year: 2020
    • Tax Year Notes: 2019-2020
    • Taxes TBD: No
    School Information
    • School - High: Rutland Senior High School
    • School - District: Rutland Town School District
    • School - Elementary: Rutland Town School
    • School - Middle/Jr: Rutland Town School
    Parking
    • Garage: No
    • Driveway: Paved
    Property
    Lot Information
    • Lot - Sqft: 47916.0
    • Lot Size Acres: 1.1
    • Square Feet Apx Finished Above Grade: 1920.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Public Records
    • Square Feet Apx Total: 2880.0
    • Square Feet Apx Total Finished: 1920.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished Below Grade: 960.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Current Use: No
    • Assessment Amount: $147,300
    • Assessment Year: 2013
    • Property Class: Multi-Family
    • Easements: Unknown
    • Flood Zone: Unknown
    • Foundation: Poured Concrete
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1960
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Septic
    • Utilities: Telephone Available
    • Total Gas Meters: 0
    • Total Electric Meters: 3
    • Separate Utilities: Varies
    Interior and Exterior Features
    Exterior Features
    • Color: Red
    • Roads: Paved, Public
    • Roof: Rolled, Shake
    • Total Ranges: 2
    Interior Features
    • Basement: Yes
    • Basement Access Type: Walkout
    • Basement Description: Concrete
    • Total Full Baths: 2
    • Flooring: Carpet, Laminate, Vinyl
    • Heat Fuel: Oil
    • Heating: Baseboard
    • Cooling: None
    • Total Refrigerators: 2
    • Total Rooms Above Ground: 9
    • Total Stories: 2
    • Total Water Heaters: 2
    Multi Family
    Multi-Family Information
    • Total Units: 2
    • Total 1 BR Units: 1
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 0
    • Total Heat Units: 2
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 2
    • Unit 1 Rooms: 5
    Unit 2
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 4
    • Unit 2 Bedrooms: 1
    Rental
    Rent Information
    • Total Leases: 0

    Property History for 2831 Highway 7

    DateEvent & SourcePriceAppreciation
    Dec 28, 2020

    Sold (Public Record)

    Public Record #693651850

    		$75,000

    +90.3% / yr

    Dec 18, 2020

    Sold

    New England Real Estate Network #4803914

    		$75,000—
    Oct 12, 2020

    Pending

    New England Real Estate Network #4803914

    		—
    DateEvent & SourcePrice
    12/28/2020

    Sold (Public Record)

    Public Record #693651850

    $75,000

    +90.3% / yr

    12/18/2020

    Sold

    New England Real Estate Network #4803914

    $75,000
    10/12/2020

    Pending

    New England Real Estate Network #4803914

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 2831 Highway 7

    Taxable ValueLand$44,600Additions$102,700Total$147,300
    Tax Record2025$2,161 ($180 / month)
    Home Facts
    Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtUnfinished Basement SqFt960 SqFtStories2Lot Size47,916 SqFtStyleDuplexYear Built1960Year Renovated1960CountyRUTLANDAPN(171) 00063-2831

    Schools near 2831 Highway 7

    This home is within Rutland Town School District.
    Rating
    School
    Type
    Grades
    Distance
    Rutland Town Elementary School
    		Public - PK to 8
    Rating
    School
    Distance
    Rutland Town Elementary School
    PublicPK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 2831 Highway 7, Rutland Town, VT 05701
    $75,000
    3
    1,920
    47,916
    2814 Highway 7, Rutland, VT 05701
    –
    3
    1
    859
    16,117
    2700 Us Route 7 North, Rutland, VT 05701
    –
    –
    –
    –
    115,434
    2859 Highway 7, Unit 7, Rutland Town, VT 05701
    $233,000
    3
    1,650
    54,450
    2859 Highway 7, Rutland, VT 05701
    $240,000
    3
    1.5
    1,664
    419,047
    2728 Highway 7, Rutland, VT 05701
    –
    –
    3.5
    2,276
    892,980

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    Listing Courtesy of Addison County Real Estate

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