575 Route 4 East Rutland Town VT Property

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Price	Down Payment	Interest Rate	Years
		%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.12% last updated on 2024-10-03

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development or subdivision, subject to Permitting. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 28.9 acres may be combined with an adjoining 19.8 acres ($139,000)* NE of subject parcel that shares access ROW from start of gravel driveway for Grey Cape house. The price of the combined larger parcel of 48.73 acres (Listed by Town as 49.43 acres) is discounted to $325,000. The Taxes listed, $2,952.93/yr., are for that combined 49.43 acres. On a $59.74 per acre assessment basis, that would put the annual 2024 Tax on 28.9-acre Parcel 3 at $1,726.38. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,850/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 along the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house, and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. * See ML#4947099

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Tax Information

Tax Year2024

Property

Acreage28.93
ExposureSouth, West
Square Feet1,260,191
CurrentUseCommercial, Mixed Use, Residential
Road Frontage77
RoadsPublic
Topography
- Field/Pasture
- Hilly
- Neighbor Business
- View
- Wetlands
- Wooded

Basic Information

StatusActive With Contract
List Price$210,000
MLS Number4845085
MLS StatusActive Under Contract

Utilities

WaterOn-Site Well Needed
ElectricAt Street
SewerOn-Site Septic Needed
UtilitiesCable - Available, Telephone Available

Location

Building Number575
StreetRoute 4 East
VillageRutland
TownRutland Town
StateVT
Zip05701
CountyRutland
Flood ZoneYes

Amenities

PricePerSqFt7258.9

Other

Taxes$2,952.77
Tax Year Notes6/30/2024
Tax Rate3.5
SurveyedYes
ZoningNone
Permit StatusNone
Assessment Year2020
Date Listed01/25/2021
View Count79

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 4, 2024 2:56 PM EDT

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