NOT LISTED FOR SALE

Estimated Value: $518,000 - $723,000

9 Beds
3 Baths
2,038 Sq Ft
$317/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $430,000 $211 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,579/month

238 Days on Market

Highlights

  • River Front
  • Hiking Trails
  • Baseboard Heating
  • River Nearby
  • Tile Flooring
  • High Speed Internet

About This Home

As of March 2020

Very well centrally located 3 unit apt house with many updates. Bottom level apt completely updated in past few years. Roof 9 years old. Many recent egress windows. Very good rents and tenants pay most utilities. All separate hot water tanks, heating units and electric.

Last Agent to Sell the Property

Jim Cross

RE/MAX North Professionals License #081.0002630 Listed on: 06/11/2019

RE/MAX North Professionals

Last Buyer's Agent

Mike Burak

KW Vermont License #082.0106800

KW Vermont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.67 Acre Lot
  • River Front
  • Steep Slope

Home Design

  • Block Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property
  • Water Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Apartment Living Space in Basement

Parking

  • 510 Car Parking Spaces
  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • River Nearby
  • Shared Waterfront

Schools

  • Burlington High School

Utilities

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

Community Details

Overview

  • 3 Units

Recreation

  • Hiking Trails
  • Trails

Building Details

  • 3 Separate Gas Meters
  • Gross Income $60,000
  • Net Operating Income $43,507

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Assessment Amount: 393200
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 210.99
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3091
  • Sq Ft - Apx Total Finished: 2807
  • Year Built: 1910
  • List Agent: 20538
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Concrete Floor, Full, Partially Finished, Stairs - Interior
  • Sq Ft - Apx Finished AG: 2038
  • Sq Ft - Apx Finished BG: 769
  • Sq Ft - Apx Unfinished BG: 284

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Block, Fieldstone, Poured Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Natural Shade
  • Water Body Type: River
  • Water Restrictions: Unknown
  • Water Body Name 2: Winooski River
  • Waterfront: Yes
  • Waterfront Rights: Shared
  • Water View: Yes

Garage/Parking

  • Parking: Off Street, On-Site, Parking Spaces 5 - 10

Utilities

  • Cable Company: Burlington Telecom
  • Electric: 100 Amp, 220 Plug
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Gas Heater - Vented, Hot Water
  • Electric Company: BED
  • Phone Company: Consolidated
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 5
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Dumpster
  • Utilities: Cable - At Site, Gas - On-Site, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 29185
  • Lot Acres: 0.67
  • Lot Description: River, River Frontage, Sidewalks, Sloping, Steep, Street Lights, Trail/Near Trail, Walking Trails, Water View
  • Surveyed: Unknown
  • Zoning: RCOC
  • Deed Book: 1230
  • Deed Page: 491-492
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 60000
  • Net Income: 43507
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Year Notes: 2018-2019
  • Tax Gross Amount: 11053
  • Tax Year: 2018

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2003
Sold by
Stromme Jan C
Bought by
Comeau Michael A and Comeau Michael A
Current Estimated Value
$646,113
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
Comeau Michael A $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2020 03/24/20 Sold $430,000 -5.5% $211 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $455,000 0.0% $223 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $455,000 0.0% $223 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/18/2019 09/18/19 Price Changed $455,000 -7.1% $223 / Sq Ft
08/01/2019 08/01/19 Price Changed $490,000 -8.4% $240 / Sq Ft
06/11/2019 06/11/19 For Sale $535,000 +22.3% $263 / Sq Ft
08/27/2013 08/27/13 Sold $437,500 -5.9% $215 / Sq Ft View Prior Sale
07/12/2013 07/12/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $465,000 -- $228 / 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 $14,164 $586,000 $227,300 $358,700
2023 $12,382 $586,000 $227,300 $358,700
2022 $12,380 $586,000 $227,300 $358,700
2021 $12,898 $586,000 $227,300 $358,700
2020 $12,101 $393,200 $158,200 $235,000
2019 $11,509 $393,200 $158,200 $235,000
2018 $11,053 $393,200 $158,200 $235,000
2017 $9,930 $372,800 $158,200 $214,600
2016 $9,702 $372,800 $158,200 $214,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4757789

PrimeMLS

APN: (035) 046-1-007-000