NOT LISTED FOR SALE

216 Lake St Unit 205 Burlington, VT 05401

Downtown Burlington Neighborhood

Estimated Value: $363,000 - $416,000

2 Beds
1 Bath
840 Sq Ft
$425/mo HOA Fee

Last Sold February 23, 2024

Last sale price $369,900 $440 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,193/month

2 Days on Market

Highlights

  • Water Views
  • End Unit
  • Covered Patio or Porch
  • Post and Beam
  • Combination Kitchen and Living
  • 4-minute walk to Andy "A-Dog" Williams Skatepark

About This Home

As of February 2024

Historically, this building first debuted in the late 1800’s/early 1900’s as a two story railroad warehouse. In 1990, it was repurposed for housing, & received a full renovation and 3rd floor addition. Hints of old railroad rails line the walkway. This is a secure building, with a locked entry door to all units. This 2nd floor end unit is one of only 6 two bedroom units in the building. (The 9 interior units only have 1 legal BR off the rear porch with a legal egress window.). This unit is high & safe above the sidewalk, overlooking the Burlington Waterfront with amazing west & south exposures, drenching the unit in natural sunlight. Incredible unobstructed westerly Lake & Adirondack views span all seasons. Enjoy the fireworks display in July from the comfort of home. The building echoes an eclectic vibe, & the building’s post & beam roots resonate throughout. The living room boast high lofty ceilings, & is a wide open entertaining space in unison with the kitchen. Laminate flooring spans all rooms. Your personal updating to the kitchen & bath will increase this waterfront loft’s value, & insure you’ll never want to move again. A true minimalist’s dream home, walking distance to all of Burlington’s waterfront & downtown amenities, including the sailing center, Coast Guard, Burlington Harbor Marina, Boat House, Perkin’s Pier, restaurants, etc at your disposal. The Burlington Bike path is just outside the door for miles of recreation. May be a rental. SEE 3D TOUR.

Last Agent to Sell the Property

Matt Hurlburt

RE/MAX North Professionals - Burlington License #081.0100335 Listed on: 12/21/2023

RE/MAX North Professionals - Burlington

Last Buyer's Agent

Leslie Quinn

Coldwell Banker Hickok and Boardman License #082.0125876

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,421

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • Home has sun exposure from multiple directions
  • Landscaped

HOA Fees

  • $425 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Post and Beam
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Kitchen and Living
  • Unfinished Basement
  • Connecting Stairway

Kitchen

  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Gravel Driveway
  • Unpaved Parking
  • On-Site Parking
  • Visitor Parking
  • Assigned Parking
  • Unassigned Parking

Accessible Home Design

  • Kitchen has a 60 inch turning radius
  • Hard or Low Nap Flooring

Outdoor Features

  • Covered Patio or Porch

Schools

  • Choice Elementary And Middle School
  • Burlington High School

Utilities

  • Common Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Available
  • Water Heater
  • Shared Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, hot water, landscaping, plowing, sewer, trash, water
  • Master Insurance
  • Mountain Lake Prop. Mgt. Association, Phone Number (802) 391-9583
  • 216 Lake St Condominium Condos

Amenities

  • Common Area
  • Coin Laundry

Recreation

  • Hiking Trails
  • Trails
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,421

Year Built

Built in 1990

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Status Detail: Closed
  • Style: End Unit, Single Level
  • Directions: From Battery Street, west down College street towards the Boat House, right on Lake Street at first stop sign, to end, last building on the right.
  • Suitable Use: Residential
  • Units per Building: 15
  • Construction: Existing
  • Exposure: East, South, West
  • Total Stories: 1
  • Price Per Sq Ft: 440.36
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1990
  • Remarks Public: Historically, this building first debuted in the late 1800’s/early 1900’s as a two story railroad warehouse. In 1990, it was repurposed for housing, & received a full renovation and 3rd floor addition. Hints of old railroad rails line the walkway. This is a secure building, with a locked entry door to all units. This 2nd floor end unit is one of only 6 two bedroom units in the building. (The 9 interior units only have 1 legal BR off the rear porch with a legal egress window.). This unit is high & safe above the sidewalk, overlooking the Burlington Waterfront with amazing west & south exposures, drenching the unit in natural sunlight. Incredible unobstructed westerly Lake & Adirondack views span all seasons. Enjoy the fireworks display in July from the comfort of home. The building echoes an eclectic vibe, & the building’s post & beam roots resonate throughout. The living room boast high lofty ceilings, & is a wide open entertaining space in unison with the kitchen. Laminate flooring spans all rooms. Your personal updating to the kitchen & bath will increase this waterfront loft’s value, & insure you’ll never want to move again. A true minimalist’s dream home, walking distance to all of Burlington’s waterfront & downtown amenities, including the sailing center, Coast Guard, Burlington Harbor Marina, Boat House, Perkin’s Pier, restaurants, etc at your disposal. The Burlington Bike path is just outside the door for miles of recreation. May be a rental. SEE 3D TOUR.
  • List Agent: 20557
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer, Stove - Gas
  • Equipment: CO Detector, Smoke Detectr-HrdWrdw/Bat
  • Features Accessibility: 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Bathroom w/Tub, Hard Surface Flooring, Kitchen w/5 Ft. Diameter, 1st Floor Laundry
  • Features Interior: Blinds, Ceiling Fan, Kitchen Island, Kitchen/Living, Laundry Hook-ups, Laundry - 1st Floor, Common Heating/Cooling
  • Total Bedrooms: 2
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Concrete Floor, Insulated, Stairs - Exterior, Unfinished
  • Level 2: Level 2: Bedroom, Level 2: Kitchen, Level 2: Living Room
  • Room 1: Kitchen, 13 x 10, On Level: 2
  • Room 2: Living Room, 13 x 16, On Level: 2
  • Room 3: Bedroom, 10.5 x 9, On Level: 2
  • Room 4: Bedroom, 11 x 9, On Level: 2
  • Sq Ft - Apx Finished AG: 840
  • Sq Ft - Apx Total: 840
  • Sq Ft - Apx Total Finished: 840

Exterior Features

  • Construction: Post and Beam, Wood Frame
  • Driveway: Gravel
  • Exterior: Metal
  • Foundation: Slab - Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Unknown
  • Features Exterior: Porch - Covered
  • Water Body Type: Lake
  • Water Body Name 2: Lake Champlain
  • Water View: Yes

Garage/Parking

  • Parking: Assigned, On-Site, Parking Spaces 1, Unassigned, Unpaved, Visitor

Utilities

  • Cable Company: Choice
  • Electric: Circuit Breaker(s), Underground
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Shared, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Electric Company: Burlington Electric
  • Phone Company: Choice
  • Utilities: Cable - Available, Gas - On-Site, Gas - Underground, High Speed Intrnt -Avail, Telephone Available, Underground Utilities

Condo/Co-op/Association

  • Restrictions: Pets - Cats Allowed, Pets - Dogs Allowed
  • HOA Fee Frequency: Monthly
  • Fee: 425
  • Mgmt Co Phone: 802-391-9583
  • Fee Includes: Heat, Hot Water, Landscaping, Plowing, Sewer, Trash, Water
  • Condo Fees: Yes
  • Condo Name: 216 Lake St Condominium
  • Management Company: Mountain Lake Prop. Mgt.
  • Association Amenities: Master Insurance, Landscaping, Common Acreage, Common Heating/Cooling, Snow Removal, Trash Removal, Coin Laundry

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Burlington School District
  • Elementary School: Choice
  • Middle School: Choice
  • High School: Burlington High School
  • Elementary School: Choice
  • High School: Burlington High School

Lot Info

  • Common Land Acres: 1.3
  • Lot Description: City Lot, Condo Development, Mountain View, Sidewalks, Street Lights, Trail/Near Trail, Walking Trails, Water View
  • Row Parcel Access: Unknown
  • Row To Other Parcel: Unknown
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1155
  • Deed Page: 91-92
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 205

Tax Info

  • Tax Gross Amount: 7420.56
  • Tax Year: 24

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 23, 2024
Sold by
Dufresne Janet
Bought by
Carroll-Sherwin Michael
Seller's Agent
Matt Hurlburt
RE/MAX North Professionals - Burlington
Buyer's Agent
Leslie Quinn
Coldwell Banker Hickok and Boardman
List Price
$369,900
Sold Price
$369,900
Views
70
Current Estimated Value
$391,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,731
Avg. Annual Appreciation
3.29%
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
Carroll-Sherwin Michael $369,900 --
Carroll-Sherwin Michael $369,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $369,900 0.0% $440 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $369,900 -- $440 / 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 $8,189 $338,800 $0 $338,800
2023 $7,123 $337,100 $0 $337,100
2022 $7,071 $337,100 $0 $337,100
2021 $7,166 $337,100 $0 $337,100
2020 $5,274 $178,300 $0 $178,300
2019 $5,012 $178,300 $0 $178,300
2018 $4,786 $178,300 $0 $178,300
2017 $4,620 $178,300 $0 $178,300
2016 $4,476 $178,300 $0 $178,300
Source: Public Records

Agents Affiliated with this Home

  • Matt Hurlburt

    Seller's Agent in 2024

    Matt Hurlburt

    RE/MAX

    (800) 639-4520

    4 in this area

    152 Total Sales

    Matt Hurlburt
    Section Image
  • Leslie Quinn

    Buyer's Agent in 2024

    Leslie Quinn

    Coldwell Banker Hickok and Boardman

    (802) 373-3000

    1 in this area

    85 Total Sales

    Leslie Quinn
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4980653

PrimeMLS

APN: (035) 043-4-009-010

Vermont Addison County Burlington 05401 Downtown Burlington

216 Lake St Unit 205, Burlington, VT

This home is located at 216 Lake St Unit 205, Burlington, VT 05401 since 21 December 2023 and is currently estimated at $391,631, approximately $466 per square foot. This property was built in 1990. 216 Lake St Unit 205 is a home located in Addison County with nearby schools including Sustainability Academy at Lawrence Barnes, Lyman C. Hunt Middle School, and Burlington Senior High School.

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