NOT LISTED FOR SALE

12 East Terrace South Burlington, VT 05403

Estimated Value: $444,000 - $518,000

4 Beds
2 Baths
1,000 Sq Ft
$472/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $296,750 $297 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,183/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Grass Field
  • Frederick H. Tuttle Middle School Rated A-
  • Cul-De-Sac
  • Open Floorplan

About This Home

As of June 2016

This home has HUGE potential to be a great family home or an investment property with such easy access to UVM and the UVM Medical Center. Over the last 2 years this has been a home for medical students at $2,750/month and has a management company in place. In fact, this home is so attractive to renters that it always goes quickly. And will sell quickly with a 9+% CAP rate.This spacious, well maintained home is located on a huge, private lot. You'll love the eat in kitchen that is flooded with natural light. The open floor plan is perfect for entertaining and spending time with family and friends. The detached 1 car garage and additional storage shed is plenty of space for summer recreation toys and lawn items. The heating and electrical systems are all in good working condition and the property meets all rental rules and guidelines.

Last Agent to Sell the Property

Ashley St. Gelais

Preferred Properties License #082.0117313 Listed on: 04/09/2016

Last Buyer's Agent

Bill Magnus

KW Vermont License #081.0004567

KW Vermont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,006

Year Built

  • 1963

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Open Floorplan
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Basement Storage

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Outbuilding
  • Grass Field

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,006

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher, Dryer, Microwave, Range - Gas, Refrigerator, Washer
  • Equipment: Smoke Detector, Smoke Detectr-HrdWrdw/Bat
  • Features Interior: Dining Area, Fireplace - Gas, Fireplaces - 1, Kitchen/Dining, Laundry Hook-ups, Living/Dining
  • Total Bedrooms: 4
  • Flooring: Hardwood, Laminate, Tile, Vinyl
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Finished, Full, Partially Finished, Stairs - Interior, Storage Space, Sump Pump
  • Room 1: Kitchen, 16'x10', On Level: 1
  • Room 3: Living Room, 25'x15'
  • Room 4: Family Room, 23'x11'2", On Level: Basement
  • Room 5: Basement, 17'x11'4"
  • Room 6: Utility Room, 10'x11'2", On Level: Basement
  • Room 7: Master Bedroom, 15'x10', On Level: 1
  • Room 8: Bedroom, 13'x11, On Level: 1
  • Room 9: Bedroom, 13'x11'6", On Level: 1
  • Room 10: 15'x11'4"
  • Sq Ft - Apx Finished AG: 1000
  • Sq Ft - Apx Finished BG: 800
  • Sq Ft - Apx Total BG: 1000
  • Sq Ft - Apx Total Finished: 1800
  • Sq Ft - Apx Unfinished BG: 200

Exterior Features

  • Driveway: Paved
  • Exterior: Shingle, Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Cul-de-Sac, Dead End, Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Outbuilding

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 1
  • Garage Type: Detached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Gas Heater, Hot Water
  • Cooling: Air Conditioner
  • Electric Company: Green Mountain Power
  • Phone Company: Comcast/Verizon

Schools

  • School District: South Burlington Sch Distict
  • Elementary School: Central School
  • Middle School: Frederick H. Tuttle Middle Sch
  • High School: South Burlington High School

Lot Info

  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: Field/Pasture
  • Zoning: Residential

Rental Info

  • Rental Amount: 2750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Chen Quan and Xia Tian
Current Estimated Value
$472,245

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jun 3, 2016
Sold by
Wingfield Peter and Wingfield Carolyn
Bought by
Xia Tian and Chen Quan
Seller's Agent
Ashley St. Gelais
Preferred Properties
Buyer's Agent
Bill Magnus
KW Vermont
List Price
$275,000
Sold Price
$296,750
Premium/Discount to List
$21,750
7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Jul 1, 2011
Sold by
Not Provided
Bought by
Wingfield Peter and Wingfield Carolyn
Source: Public Records

Range of Values:

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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
-- -- --
-- -- --
Xia Tian $296,750 --
Xia Tian $296,750 --
Wingfield Peter $229,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $296,750 +7.9% $165 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $275,000 -- $153 / 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 $8,006 $363,400 $117,100 $246,300
2023 $6,970 $363,400 $117,100 $246,300
2022 $6,969 $363,400 $117,100 $246,300
2021 $6,810 $363,400 $117,100 $246,300
2020 $5,295 $269,400 $93,400 $176,000
2019 $6,066 $269,400 $93,400 $176,000
2018 $5,873 $269,400 $93,400 $176,000
2017 $5,104 $269,400 $93,400 $176,000
2016 $3,949 $191,000 $93,400 $97,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ashley St. Gelais

    Preferred Properties

  • B

    Buyer's Agent in 2016

    Bill Magnus

    KW Vermont

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Map

Source: PrimeMLS

MLS Number: 4482309

PrimeMLS

APN: (188) 0610-00012

Vermont Chittenden County South Burlington 05403

12 East Terrace, South Burlington, VT

This home is located at 12 East Terrace, South Burlington, VT 05403 since 09 April 2016 and is currently estimated at $472,245, approximately $472 per square foot. This property was built in 1963. 12 East Terrace is a home located in Chittenden County with nearby schools including Frederick H. Tuttle Middle School, South Burlington High School, and Mater Christi School.

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