NOT LISTED FOR SALE

18 Isham St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $633,000 - $749,000

7 Beds
2 Baths
2,434 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $487,500 $200 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,524/month

15 Days on Market

Highlights

  • Deck
  • Balcony
  • High Speed Internet
  • Covered patio or porch
  • Garden

About This Home

As of November 2016

Great opportunity to own two-unit with excellent cap rate in desired downtown location! Downstairs three bedroom, one bath unit has recently refinished wood floors and newer carpeting as well as a newly remodeled kitchen. Upstairs four bedroom, one bath unit is split between two levels with two bedrooms on the second floor and two bedrooms on the third. Large kitchen with separate dining room and oversized living area make this unit very desirable. Both units have front and back porches as well as share the driveway and parking areas. Shared access to basement area for storage with potential to add coin-operated laundry if desired. Current tenants in place until late May 2017. Tenants pay all utilities except for water, sewer and rubbish removal.

Last Agent to Sell the Property

Jonathon Templeton

KW Vermont License #082.0075189 Listed on: 07/20/2016

KW Vermont

Last Buyer's Agent

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,360

Year Built

  • Built in 1908

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Sloped Up
  • Garden

Home Design

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

Interior Spaces

  • 2,434 Sq Ft Home
  • 2.5-Story Property

Basement

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

Parking

  • Stone Driveway
  • Paved Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Schools

  • Burlington High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $52,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,360

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From Pearl Street turn onto Green St, turn right onto Hickok Place which turns into Isham Street property will be on your right look for sign.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 200.29
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2434
  • Sq Ft - Apx Total Finished: 2434
  • Year Built: 1908
  • Remarks Public: Great opportunity to own two-unit with excellent cap rate in desired downtown location! Downstairs three bedroom, one bath unit has recently refinished wood floors and newer carpeting as well as a newly remodeled kitchen. Upstairs four bedroom, one bath unit is split between two levels with two bedrooms on the second floor and two bedrooms on the third. Large kitchen with separate dining room and oversized living area make this unit very desirable. Both units have front and back porches as well as share the driveway and parking areas. Shared access to basement area for storage with potential to add coin-operated laundry if desired. Current tenants in place until late May 2017. Tenants pay all utilities except for water, sewer and rubbish removal.
  • List Agent: 3515
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior
  • Sq Ft - Apx Finished AG: 2434

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Paved
  • Exterior: Aluminum, Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Balcony, Deck, Garden Space, Porch - Covered

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • 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
  • Trash: Cans, Recycle
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District
  • High School: Burlington High School
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 3920
  • Lot Acres: 0.09
  • Lot Description: City Lot
  • Row To Other Parcel: Yes
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1126
  • Deed Page: 368-369
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 52500
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Year Notes: 16-17
  • Tax Gross Amount: 7359.84
  • Tax Year: 2016

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2011
Sold by
Calhoun Paul
Bought by
Cj Investments Llc
Current Estimated Value
$847,000

Purchase Details

Closed on
Dec 16, 2010
Sold by
Johnson Holli J and Rahaim Timothy R
Bought by
Calhoun Paul

Purchase Details

Closed on
May 14, 2010
Sold by
Rahaim Tlmothy R
Bought by
Rahaim Timothy R and Jones Krista L

Purchase Details

Closed on
Oct 5, 2009
Sold by
Johnson Holli J
Bought by
Johnson Holli J and Rahaim Timothy R

Purchase Details

Closed on
Jul 16, 2004
Sold by
Wagner Richard H
Bought by
Rahaim Timothy R and Rahaim Holli J
Source: Public Records

Range of Values:

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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
Cj Investments Llc -- --
Calhoun Paul $392,000 --
Rahaim Timothy R -- --
Johnson Holli J -- --
Rahaim Timothy R $286,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $487,500 -2.3% $200 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $499,000 -- $205 / 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
2021 $10,045 $456,400 $105,800 $350,600
2020 $10,045 $282,800 $95,100 $187,700
2019 $4,139 $282,800 $95,100 $187,700
2018 $7,534 $282,800 $95,100 $187,700
2017 $7,534 $282,800 $95,100 $187,700
2016 -- $282,800 $95,100 $187,700
2015 -- $2,828 $0 $0
2014 -- $2,828 $0 $0
2013 -- $2,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathon Templeton

    Seller's Agent in 2016

    Jonathon Templeton

    KW Vermont

    (802) 238-1323

    1 in this area

    109 Total Sales

    Jonathon Templeton
    Section Image
  • Steve Lipkin

    Buyer's Agent in 2016

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Steve Lipkin
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4505453

PrimeMLS

APN: 114-035-16080

Vermont Chittenden County Burlington 05401 Old North End

18 Isham St, Burlington, VT

This home is located at 18 Isham St, Burlington, VT 05401 since 20 July 2016 and is currently estimated at $675,119, approximately $277 per square foot. This property was built in 1908. 18 Isham St is a home located in Chittenden County with nearby schools including Edmunds Elementary School, Edmunds Middle School, and Burlington Senior High School.

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