NOT LISTED FOR SALE

Estimated Value: $445,000 - $617,000

5 Beds
2 Baths
2,275 Sq Ft
$248/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $525,000 $231 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,831/month

20 Days on Market

About This Home

As of June 2023

Rare opportunity to own one of only a handful of properties on this one-way street just moments from Pomeroy Park and Momo's Market. This large duplex offers a 2-bedroom apartment on the first floor with access to the basement, plus a bright and sunny 3-bedroom unit upstairs with attic storage. Both offer hardwood floors, ample kitchens, private laundry, plus tenants pay their own utilities. Potential for owner-occupier and great upside on rents. Some off-street parking. Tenants enjoy easy access to colleges, UVM Medical Center, downtown, and Winooski.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 02/28/2023

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Geri Reilly

Geri Reilly Real Estate License #081.0002576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,207

Year Built

  • Built in 1915

Lot Details

  • 2,222 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,275 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heater Leased
  • High Speed Internet

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $13,263
  • Gross Income $44,400
  • Net Operating Income $31,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,207

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Multi-Family
  • Directions: North Willard Street to Charles Street, continue onto Russell Street. Property will be second from the end on the left - one way street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 230.77
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3066
  • Sq Ft - Apx Total Finished: 2275
  • Year Built: 1915
  • Remarks Public: Rare opportunity to own one of only a handful of properties on this one-way street just moments from Pomeroy Park and Momo's Market. This large duplex offers a 2-bedroom apartment on the first floor with access to the basement, plus a bright and sunny 3-bedroom unit upstairs with attic storage. Both offer hardwood floors, ample kitchens, private laundry, plus tenants pay their own utilities. Potential for owner-occupier and great upside on rents. Some off-street parking. Tenants enjoy easy access to colleges, UVM Medical Center, downtown, and Winooski.
  • List Agent: 282798
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2275
  • Sq Ft - Apx Unfinished BG: 791

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Rented
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: Burlington Electric
  • Total Electric Meters: 3
  • Total Gas Meters: 2
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District

Lot Info

  • Lot Sq Ft: 2222
  • Lot Acres: 0.051
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1700
  • Deed Page: 127-129
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 44400
  • Net Income: 31137
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2022-2023
  • Tax Gross Amount: 8207.44
  • Tax Year: 2022

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jun 2, 2023
Sold by
Tudhope Mary
Bought by
O'Reilly Liam
Seller's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
Geri Reilly
Geri Reilly Real Estate
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
131
Current Estimated Value
$563,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,857
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Jan 30, 2023
Sold by
Douglas I Tudhope Family Trust
Bought by
Tudhope Mary

Purchase Details

Closed on
Jun 16, 2021
Sold by
Tudhope Douglas I

Purchase Details

Closed on
Aug 26, 2015
Sold by
Tudhope Netta E
Bought by
Tudhope I Douglas I and Tudhope Netta E

Purchase Details

Closed on
Mar 28, 2001
Sold by
Mckegney Kevin P
Bought by
Shearer William R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
O'Reilly Liam $525,000 --
O'Reilly Liam $525,000 --
Tudhope Mary -- --
Tudhope Mary -- --
-- -- --
-- -- --
Tudhope I Douglas I -- --
Tudhope I Douglas I -- --
Shearer William R $120,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $525,000 -4.5% $231 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $550,000 -- $242 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,390 $388,500 $98,300 $290,200
2023 $8,209 $388,500 $98,300 $290,200
2022 $8,207 $388,500 $98,300 $290,200
2021 $8,551 $388,500 $98,300 $290,200
2020 $8,574 $278,600 $89,000 $189,600
2019 $8,154 $278,600 $89,000 $189,600
2018 $7,831 $278,600 $89,000 $189,600
2017 $7,421 $278,600 $89,000 $189,600
2016 $7,251 $278,600 $89,000 $189,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4944232

PrimeMLS

APN: (035) 045-1-060-000