NOT LISTED FOR SALE

Estimated Value: $438,000 - $572,884

5 Beds
2 Baths
1,610 Sq Ft
$316/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $278,500 $173 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,449/month

32 Days on Market

Highlights

  • Cape Cod Architecture
  • Enclosed Patio or Porch
  • Garden
  • Deck
  • Shed
  • Forced Air Heating System

About This Home

As of August 2018

Pride of Ownership. This duplex has been owner occupied since the 1960's. Very well maintained and loved by the same owners for decades. Great income potential for investor or an ideal starter for someone looking for an owner occupied duplex. The rent on the smaller unit is well under current market value. This unit has been rented to the same tenant for many years. Current tenant has enjoyed living here and has assisted in the maintenance such as lawn and snow removal, therefor we have no expense figures. Owners unit has an additional room on the 1st floor currently being used as a bedroom. The eat in kitchen is very large and the two bedrooms are on the 2nd floor. This unit could easily function as a 3 bedroom, but is listed as a 2 bedroom with the city. The rented side has 2 bedrooms upstairs, living, dining and kitchen with gas stove on first floor. Both units have large enclosed porches. Owners unit has a huge 20x16 deck off a glass slider as well as a 16x10 screened sun room. Electric range and washing machine in Owners unit new within the past 12 months. Roof approx. 8 years old. Gas hot air furnace and rented gas hot water heater are approx. 4 years old. Back yard is amazing, large lawn, great exposure for gardens, private when the leaves fill in the trees. Garden spot already for this seasons planting. Large storage/garden shed included. Convenient location, walk to Winooski downtown, UVM and the Hospital. Walkway and stairs have settled and are "as is"

Last Agent to Sell the Property

Jacqueline Marino

RE/MAX North Professionals License #082.0004646 Listed on: 05/14/2018

RE/MAX North Professionals

Last Buyer's Agent

Michelle Peters

CENTURY 21 North East License #082.0114626

CENTURY 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,297

Year Built

  • Built in 1818

Lot Details

  • 0.34 Acre Lot
  • Lot Sloped Up
  • Garden

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 35 Car Parking Spaces
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed

Schools

  • Integrated Arts Academy Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater Leased
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 013 / 046-1

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,297

Year Built

Built in 1818

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Flood Zone: Unknown
  • Footprint: 34x20
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 172.98
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2572
  • Sq Ft - Apx Total Finished: 1610
  • Year Built: 1818
  • List Agent: 20599
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Dirt, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 1610
  • Sq Ft - Apx Unfinished AG: 248
  • Sq Ft - Apx Unfinished BG: 714

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle
  • Easements: Yes
  • Features Exterior: Deck, Garden Space, Porch - Enclosed, Shed

Garage/Parking

  • Parking: Assigned, Parking Spaces 3 - 5

Utilities

  • Cable Company: Dish
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned, Rented
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Gas Heater - Vented, Space Heater
  • Electric Company: BED
  • Phone Company: Verizon
  • 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

Fee Information

  • Tax Class: Homestead

Schools

  • Elementary School: Integrated Arts Academy
  • High School: Burlington High School

Lot Info

  • Map: 046-1
  • Lot: 013
  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: City Lot, Sidewalks
  • Row To Other Parcel: Yes
  • Surveyed: Yes
  • Surveyed By: City & State
  • Zoning: RES
  • Deed Book: 305
  • Deed Page: 289-290
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 10200
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2017-2018
  • Tax Gross Amount: 5296.8
  • Tax Year: 2017

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Edmunds Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2018 08/21/18 Sold $278,500 +3.2% $173 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $269,900 -3.6% $168 / Sq Ft
05/14/2018 05/14/18 For Sale $279,900 -- $174 / 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 $9,260 $383,100 $111,900 $271,200
2023 $8,095 $383,100 $111,900 $271,200
2022 $8,093 $383,100 $111,900 $271,200
2021 $8,144 $383,100 $111,500 $271,600
2020 $6,060 $203,300 $104,500 $98,800
2019 $5,950 $203,300 $104,500 $98,800
2018 $5,457 $203,300 $104,500 $98,800
2017 $5,297 $203,300 $104,500 $98,800
2016 $5,133 $203,300 $104,500 $98,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4692650

PrimeMLS

APN: (035) 046-1-013-000