NOT LISTED FOR SALE
15 Beds
6 Baths
5,578 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: February 22, 2012

Last sale price $1,064,000 $191 Per Sq Ft

240 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • 5-minute walk to City Hall Park
  • Porch
  • Carpet

About This Home

As of February 2012

Great downtown location with many new renovations including kitchens, appliances, flooring, repainting. Loads of parking, washer/dryer, dishwasher, range and refrigerator in each apartment. Seller offering $8100 to purchaser at closing. Current Annual Gross Income is $123,900 - CAP RATE 8.8%. Projected AGI of $126,000 CAP RATE of 9%. CLA for details.

Last Agent to Sell the Property

Charles Burns

BHHS Vermont Realty Group/Burlington Listed on: 04/06/2011

BHHS Vermont Realty Group/Burlington

Last Buyer's Agent

Mike Gannett

Coldwell Banker Hickok and Boardman

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,983

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 5,578 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 1,120 Car Parking Spaces
  • Stone Driveway
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Edmunds Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 220 Volts
  • 110 Volts
  • Natural Gas Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Rent includes ground maintenance, landscaping, parking, plowing, snow removal, trash

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Gross Income $123,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,983

Year Built

Built in 1900

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Directions: Between St. Paul Street and Pine Street on the south side.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 190.75
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 5578
  • Unit Info: Dishwasher, Dryer, Heat - Gas, Heat - Natural Gas, Range - Electric, Refrigerator, Washer
  • Year Built: 1900
  • List Agent: 25987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment: Smoke Detectr-HrdWrdw/Bat
  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 5578

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Gravel
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch

Garage/Parking

  • Parking: Parking Spaces 11 - 20

Utilities

  • Electric: 110 Volt, 220 Volt, Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Community
  • Water: Community
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Electric Company: BELD
  • Phone Company: Fairpoint
  • Separate Utilities: Yes
  • Total Electric Meters: 7
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Trash: Cans

Condo/Co-op/Association

  • Management Company: Self

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Edmunds Elementary School
  • High School: Burlington High School

Lot Info

  • Map: Plot
  • Lot Sq Ft: 8276
  • Current Use: Unknown
  • Lot Acres: 0.19
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1004
  • Deed Page: 558
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Ground Maintenance, Landscaping, Parking, Plowing, Snow Removal, Trash

Multi Family

  • Gross Income: 123900
  • Total Full Baths: 6
  • Total Units: 6
  • Total2 Bedroom Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Year Notes: 10/11
  • Tax Gross Amount: 7983

MLS Schools

  • School Middle Jr: Edmunds Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2011
Closed on
Feb 22, 2012
Sold by
Bought by
Seller's Agent
Charles Burns
BHHS Vermont Realty Group/Burlington
Buyer's Agent
Mike Gannett
Coldwell Banker Hickok and Boardman
List Price
$1,300,000
Sold Price
$1,064,000
Premium/Discount to List
-$236,000
-18.15%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,064,000 --
$460,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/22/2012 02/22/12 Sold $1,064,000 -18.2% $191 / Sq Ft
12/02/2011 12/02/11 Pending -- -- --
04/06/2011 04/06/11 For Sale $1,300,000 -- $233 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $29,640 $1,226,300 $484,400 $741,900
2024 $29,640 $1,226,300 $484,400 $741,900
2023 $25,912 $1,226,300 $484,400 $741,900
2022 $25,907 $1,226,300 $484,400 $741,900
2021 $26,991 $1,226,300 $484,400 $741,900
2020 $30,692 $997,300 $265,400 $731,900
2019 $21,892 $997,300 $265,400 $731,900
2018 $28,034 $997,300 $265,400 $731,900
2017 $26,563 $997,300 $265,400 $731,900
2016 $25,955 $997,300 $265,400 $731,900
2015 $8,030 $9,973 $0 $0
2014 $8,030 $9,059 $0 $0
2013 $8,030 $9,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4054092

PrimeMLS
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