NOT LISTED FOR SALE

15 Peru St Unit 17 Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $490,000 - $582,000

7 Beds
2 Baths
1,889 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $300,000 $159 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,604/month

13 Days on Market

Highlights

  • Wood Flooring
  • Partially Fenced Property
  • 4-minute walk to Battery Park
  • Covered Patio or Porch
  • Wood Siding

About This Home

As of February 2017

Unique investment opportunity in up-and-coming Old North End just blocks from Battery Park, waterfront and downtown Burlington. This Duplex offers a fully rented 3 bedroom unit plus a 4 bedroom unit in front ready for some updating. Seller is leaving recently purchased new cabinets, counters and sinks to update the kitchen and bathroom. Both units are bright and sunny and offer sufficient storage. Washer/dryer in back unit. Plenty of off-street parking, separate utilities. New roof in 2014. Perfect for an owner-occupant or investor!

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 11/15/2016

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Mike Conroy

License #081.0004452

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 1899

Lot Details

  • 3,485 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up

Parking

  • Dirt Driveway

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,889 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Water Heater Leased
  • Natural Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • 2 Units
  • Coburn & Feeley Association

Building Details

  • 2 Separate Gas Meters
  • Gross Income $42,000
  • Net Operating Income $30,513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,051

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From bottom of Pearl Street, take North Champlain Street, then right onto Peru Street, property on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 158.81
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3056
  • Sq Ft - Apx Total Finished: 1889
  • Year Built: 1899
  • List Agent: 5968
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1889
  • Sq Ft - Apx Unfinished BG: 1167

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Fence - Partial, Porch - Covered

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VTGas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Rented
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Wall Units
  • Electric Company: BED
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2

Condo/Co-op/Association

  • Management Company: Coburn & Feeley

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Assigned
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RH
  • Deed Book: 1202
  • Deed Page: 345
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 42000
  • Net Income: 30513
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6050.8
  • Tax Year: 2016

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Assigned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2006
Sold by
Fastman Aaron L
Bought by
Decos Janet L
Current Estimated Value
$538,652
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Decos Janet L $320,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2017 02/15/17 Sold $300,000 -4.8% $159 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $315,000 -- $167 / 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 $9,243 $382,400 $104,500 $277,900
2023 $8,080 $382,400 $104,500 $277,900
2022 $8,079 $382,400 $104,500 $277,900
2021 $8,417 $382,400 $104,500 $277,900
2020 $7,155 $232,500 $94,000 $138,500
2019 $6,805 $232,500 $94,000 $138,500
2018 $6,536 $232,500 $94,000 $138,500
2017 $6,193 $232,500 $94,000 $138,500
2016 $6,051 $232,500 $94,000 $138,500
Source: Public Records

Agents Affiliated with this Home

  • Steve Lipkin

    Seller's Agent in 2017

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Steve Lipkin
    Section Image

  • M

    Buyer's Agent in 2017

    Mike Conroy

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4609063

PrimeMLS

APN: (035) 044-2-082-000

Vermont Chittenden County Burlington 05401 Old North End

15 Peru St Unit 17, Burlington, VT

Not Listed for Sale

MultiFamily

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