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1 Newman Drive

1 Newman Drive, Rutland, MA 01543
Property in Rutland
Sold Oct 04, 2011
$255,000
$242,250 by Florida Capital Bank
Mortgage Due Oct 04, 2041
1 Newman Drive has been categorized by the local assessors in Rutland, MA as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1 Newman Drive has 2,124 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,731 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. The property was last sold in Jan 1, 1970 for $255,000. That's $120.06 per sqft. 1 Newman Drive was last assessed in 2023. The total value of the property was assessed at $403,200. Specifically, the land the property is located on was valued at $85,200. While improvements on the property were assessed at a total of $318,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,532. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
Off Street Parking

Location

Corner Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 2,124
  • Gross Building Area: 4,568
  • Building Area: 2,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,124
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAUREL ACRES RUTLAND SEC 06
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TOWER SHANNON
  • Previous Owner : CHADBOURNE TERRY L
  • Previous Owner 2: CHADBOURNE LOIS R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wachusett School District
  • Census Tract: 721104

Geography

  • Parcel: RUTL M:41-C B:G L:7
  • Block: G
  • Lot: 7
  • Municipality: RUTLAND
  • Latitude: 42.3695
  • Longitude: -71.9385

    Address

  • Full Address: 1 Newman Dr
  • Address - House Number: 1
  • Address - Street Name: Newman
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Rutland
  • Carrier Code: R002
  • 4-Digit Zip Code: 1714
  • Zip Code: 01543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,532

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 519,227
  • High Value: 608,394
  • Low Value: 430,060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,250
  • First Open Lien Mortgage Lender: FLORIDA CAPITAL BANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2011
  • First Open Lien Mortgage Loan Amount: $242,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 04, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,200
  • Assessed Land Value: $85,200
  • Assessed Improvements Value: $318,000

    Sales

  • Current Sale Recording Date: Oct 04, 2011
  • Current Sale Transaction ID: 1101722314
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 00000009

    Last Sale Mortgage

  • First Mortgage Lender: FLORIDA CAPITAL BANK
  • First Mortgage Transaction Date: Oct 04, 2011
  • First Mortgage Loan Amount: $242,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 04, 2041

About Rutland



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Frequently Asked Questions

What neighborhood is 1 Newman Drive located in?
The 1 Newman Drive is a located in the neighborhood of Rutland in Rutland, Rutland.
What is the average sales price for listings in 1 Newman Drive?
The average sales price for units in 1 Newman Drive is $0 currently.

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