NOT LISTED FOR SALE

Estimated Value: $554,000 - $567,801

5 Beds
2 Baths
1,475 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $450,000 $305 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,776/month

87 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Trails
  • Covered Patio or Porch
  • Baseboard Heating
  • 2-minute walk to Roosevelt Park

About This Home

As of September 2021

Downtown Burlington Duplex in the heart of the city just up from Roosevelt Park. Wonderful front porch welcomes you to the downstairs bright open unit with sunny living room featuring hardwood floors. Large eat-in kitchen with plenty of cabinet space, 3 bedrooms and 1 large bath complete the downstairs. The upstairs flat features two bedrooms and a full bath complete with custom tile work. Large open eat-in kitchen with walk-in pantry and a cozy living room. It would make a great Airbnb. Owner occupy or purchase as a savvy investment! Perfect opportunity to start or add to your portfolio or move in and let the tenants pay you rent. The private backyard is the perfect place to unwind after a long day. Ample parking makes this property more valuable. Detached one car garage for your car or bikes, kayaks and paddleboards. Lovingly cared for throughout the years. The utilities are separate and the current tenants are great. Convenient location close to UVM medical center and downtown Burlington and the waterfront. It is a true gem. 3D Virtual Tours Available.

Last Agent to Sell the Property

The Nancy Jenkins Team

Nancy Jenkins Real Estate Listed on: 05/07/2021

Last Buyer's Agent

The Nancy Jenkins Team

Nancy Jenkins Real Estate Listed on: 05/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,862

Year Built

  • Built in 1899

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,475 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

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

Community Details

Overview

  • 2 Units

Recreation

  • Trails

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $9,736
  • Gross Income $37,800
  • Net Operating Income $28,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,862

Year Built

Built in 1899

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From Main St. in Burlington, turn right onto University Pl. turn left onto Colchester Ave. turn right onto N Prospect St. Slight left onto Archibald St. Turn right onto St Louis St. Home is on the left.
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 305.08
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2239
  • Sq Ft - Apx Total Finished: 1475
  • Year Built: 1899
  • List Agent: 286444
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Total Rooms Above Ground: 4
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1475
  • Sq Ft - Apx Unfinished BG: 764

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Porch - Covered

Garage/Parking

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

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Rented
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard
  • Electric Company: Burl. Elec.
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Owner
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 3049
  • Lot Acres: 0.07
  • Lot Description: City Lot, Sidewalks, Trail/Near Trail
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 998
  • Deed Page: 750-751
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 37800
  • Net Income: 28064
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 21-22
  • Tax Gross Amount: 8862.04
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2007
Sold by
Relyea Richard M
Bought by
Neith Sarah W and Wojcik Christopher G
Current Estimated Value
$558,200
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
Neith Sarah W $235,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $450,000 0.0% $305 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $450,000 0.0% $305 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/27/2021 05/27/21 Price Changed $450,000 -5.3% $305 / Sq Ft
05/19/2021 05/19/21 Price Changed $475,000 -5.0% $322 / Sq Ft
05/07/2021 05/07/21 For Sale $499,900 -- $339 / 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 $10,076 $416,900 $102,000 $314,900
2023 $8,809 $416,900 $102,000 $314,900
2022 $8,807 $416,900 $102,000 $314,900
2021 $8,862 $416,900 $102,000 $314,900
2020 $6,463 $210,000 $92,000 $118,000
2019 $6,146 $210,000 $92,000 $118,000
2018 $5,903 $210,000 $92,000 $118,000
2017 $5,593 $210,000 $92,000 $118,000
2016 $5,465 $210,000 $92,000 $118,000
Source: Public Records

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Map

Source: PrimeMLS

MLS Number: 4859651

PrimeMLS

APN: (035) 039-4-133-000