by RH Advisors

See Home Value
Rutland 05735
1028 North Road
Listed by: Christopher Lawrence, Gilbert Realty and Development, Selling Office: KW Vermont, Listing Courtesy of Prime MLS
$185,000
● House - Off Market

1028 North Road

Castleton, VT 05735
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,782 Ft²
$1,163
Est. Monthly
16.52%
Cap Rate

About This Property

Attention investors and home flippers!  Schedule a showing to see this spacious and conveniently located property offering home renovators a wonderful opportunity to bring this structure back to life. Well-built 3 BR/2 BA Gambrel-style home is nestled in 10 gently wooded acres and only 1 mile from the Village of Castleton, Vermont State University and right in the heart of the Lakes Region! Structure has remained vacant for over a year and will need extensive renovations, which among other things, include repair of 1st level flooring due to water damage from broken water pipe.  Please note:  This property will not qualify for any conventional financing; buyer will need a renovation loan (or cash purchase). Property being conveyed in "As-Is" condition.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$104
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1978

Payment Calculator (Computations Provided by RealtyHop)

Cap Rate Calculator

Last updated: 3 years ago (Prime MLS #4984429)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Sold
Feb 8, 2024 Listed by Gilbert Realty and Development $185,000
Listed by Gilbert Realty and Development

Property Highlights


Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 1,782
  • Gross Building Area: 2,094
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HSE/10 ACRES; NORTH RD

Neighborhood

  • School District Name: Addison Rutland Supervisory Union
  • Census Tract: 963600

Zoning

  • Zoning: R2A

Geography

  • Assessors Map Reference: 05-02-00042
  • Parcel: (040) 050200042
  • Municipality: CASTLETON
  • Latitude: 43.6262
  • Longitude: -73.1807

    Address

  • Full Address: 1028 North Rd
  • Address - House Number: 1028
  • Address - Street Name: North
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Castleton
  • Zip Code: 05735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,700
  • Tax Rate Code Area: 040

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 181,862
  • High Value: 201,972
  • Low Value: 161,751

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,800
  • Assessed Land Value: $60,400
  • Assessed Improvements Value: $96,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 18, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1969003328
  • Previous Sale Recording Date: Jul 02, 1999
  • Previous Sale Contract Date: Jul 01, 1999
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 4
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rutland


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Frequently Asked Questions

When was property at 1028 North Road built and last sold?
The property at 1028 North Road was built in 1978 and last sold on Mar 1, 2024 for $185,000.
How much is this home worth?
The estimated value of the home located at 1028 North Road is $0.
What are some comparable homes to 1028 North Road?
There are currently no comparable homes to 1028 North Road.