5 Clement Road, Rutland City, VT, 05701 | $460,000

Step back in time and experience the charm of a bygone era with this one-of-a-kind 1860's Victorian home, situated on a stately 2-acre lot in Rutland City. Rich with history and old-world charm, this magnificent property offers endless possibilities for its new owners. The 1st floor welcomes you with an intricate entryway that sets the tone for the elegance found throughout the home. It features a bedroom and a full bathroom for convenience. The large living room is perfect for entertaining, while the dining room is ideal for hosting family gatherings and dinner parties. The kitchen, complete with 2 walk-in pantries, provides ample storage space for all your culinary needs. The exquisite parquet flooring and enchanting high ceilings add to the historical charm. From the large screened-in porch, you can enjoy the serene outdoors year-round. The 2nd floor consists of 5 more bedrooms, offering plenty of space for family, guests, or the potential for a bed and breakfast setup. A full bathroom conveniently serves all the bedrooms. Additionally, there are 2 spaces that previously served as full bathrooms, offering potential for renovation. The attic has ample storage and once served as sleeping quarters. Whether you envision this property as a primary residence, a quintessential VT bed and breakfast, or a charming vacation home, the opportunities are endless. Don’t miss the chance to bring this home back to its full potential and own a piece of history in Rutland City.

Features

  • Rooms: 15
  • Bedrooms: 6
  • Baths: 2 full
  • Style: Victorian
  • Year Built: 1860
  • Heating: Radiator,Steam
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 6,175
  • Acreage: 2
  • Est. Taxes: $10,060
  • Lot Desc: Country Setting
  • MLS#: 5003220
  • Website: https://www.raveis.com
    /eprop/5003220/5clementroad_rutlandcity_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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 11/5/2024
Listing courtesy of Casella Real Estate   Phone: 802-772-7487
Listing Agent: Hughes Group Team

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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Our Insurance Division:

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5 Clement Road, Rutland City, VT, 05701

$460,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $368,000 $368,000 $368,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $838 $838 $838
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,448 $2,446 $3,103
Total Monthly Payment $3,361 $3,359 $4,016

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.