NOT LISTED FOR SALE

Estimated Value: $338,000 - $400,922

0.33 Acre
$1,149,942 Price per Acre
14,375 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $250,000

Est. 52% increase in value since last sale

Current estimated payment $2,515/month

49 Days on Market

Highlights

  • Community Beach Access
  • Countryside Views
  • Trails
  • Access To Lake
  • Wooded Lot
  • High Speed Internet

About This Lot

As of July 2020

Imagine your dream home set on a .33 +/- acre lot within walking distance to the shores of Lake Champlain in the coveted south end neighborhood of Burlington, VT! One of the last remaining building lots in the beautiful South Cove Association residential area, the wooded lot offers a peaceful location with potential for a home site with public water and sewer hookup available. With an annual HOA fee of only $140, you’ll enjoy access to the privately-maintained HOA beach and picnic area with gorgeous views of the Adirondacks & mooring rights! Seemingly endless summer recreational opportunities are in the surrounding area with the parcel situated between Red Rocks and Oakledge Park, both only a short walk or drive away! There are two utility poles located nearby the lot serviced by Burlington Electric Department. The land enjoys approximately 100’ of road frontage along the paved, town maintained and plowed, South Cove Road. High-speed internet, TV, and phone are available to neighboring homes along South Cove Road through Comcast. Located in the South End of Burlington, all city employment, entertainment, and amenities are conveniently within minutes from the property, including the city bus line that offers an easy commute into Burlington downtown and many other nearby employment hubs. City Market and the south end shopping plazas are within 5 minutes away, and the I-189 beltway is only 2 miles away offering easy access to I-89. Come see all that this lot has to offer!

Last Agent to Sell the Property

Curtis Trousdale

Preferred Properties Brokerage Phone: 802-862-9106 License #081.0004552 Listed on: 04/30/2020

Last Buyer's Agent

David Parsons

RE/MAX North Professionals - Burlington

RE/MAX North Professionals - Burlington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,414

Lot Details

  • 0.33 Acre Lot
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned Waterfront Res - Low Dens

Property Views

  • Countryside Views

Schools

  • Champlain Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Mooring Area
  • Community Beach Access
  • Trails
  • Access To Lake
  • Shared Private Water Access
  • Restricted Water Access
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$5,414

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Route 7, turn onto Home Ave (across from Walgreens). Continue straight onto Austin Drive. Turn left onto South Cove Road. See real estate sign on your left before curve in road.
  • Flood Zone: Unknown
  • Suitable Use: Development Potential, Residential, Woodland
  • Price Per Sq Ft: 757575.76
  • Property Class: Land
  • Pole Number: 15 & 14
  • Remarks Public: Imagine your dream home set on a .33 +/- acre lot within walking distance to the shores of Lake Champlain in the coveted south end neighborhood of Burlington, VT! One of the last remaining building lots in the beautiful South Cove Association residential area, the wooded lot offers a peaceful location with potential for a home site with public water and sewer hookup available. With an annual HOA fee of only $140, you’ll enjoy access to the privately-maintained HOA beach and picnic area with gorgeous views of the Adirondacks & mooring rights! Seemingly endless summer recreational opportunities are in the surrounding area with the parcel situated between Red Rocks and Oakledge Park, both only a short walk or drive away! There are two utility poles located nearby the lot serviced by Burlington Electric Department. The land enjoys approximately 100’ of road frontage along the paved, town maintained and plowed, South Cove Road. High-speed internet, TV, and phone are available to neighboring homes along South Cove Road through Comcast. Located in the South End of Burlington, all city employment, entertainment, and amenities are conveniently within minutes from the property, including the city bus line that offers an easy commute into Burlington downtown and many other nearby employment hubs. City Market and the south end shopping plazas are within 5 minutes away, and the I-189 beltway is only 2 miles away offering easy access to I-89. Come see all that this lot has to offer!
  • List Agent: 26047
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Water Body Type: Lake
  • Water Restrictions: Yes
  • Water Access Details: Beach Access, Shared-Private
  • Water Body Name 2: Lake Champlain
  • Water Body Access 2: Yes

Utilities

  • Cable Company: Comcast
  • Electric: At Street
  • Fuel Company: Choice
  • Sewer: Public Sewer At Street
  • Water: Public Water - At Street
  • Electric Company: Burlington Electric Dept.
  • Phone Company: Comcast
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Condo/Co-op/Association

  • Association Amenities: Beach Access, Boat Mooring

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District
  • Elementary School: Champlain Elementary School
  • Middle School: Edmunds Middle School
  • High School: Burlington High School
  • Elementary School: Champlain Elementary School
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 14375
  • Land Gains: To Be Determined
  • Lot Acres: 0.33
  • Lot Description: Country Setting, Lake Access, Sidewalks, Trail/Near Trail, Wooded, Beach Access
  • Surveyed: Unknown
  • Zoning: Waterfront Res - Low Dens
  • Deed Book: 1113
  • Deed Page: 730
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Year: 2019

MLS Schools

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

Range of Values:

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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 Change Sq Ft Price
07/17/2020 07/17/20 Sold $250,000 -16.7% --
06/18/2020 06/18/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $300,000 -- --
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 $5,414 $224,000 $224,000 $0
2023 $4,733 $224,000 $224,000 $0
2022 $4,732 $224,000 $224,000 $0
2021 $4,930 $224,000 $224,000 $0
2020 $5,881 $191,100 $191,100 $0
2019 $5,593 $191,100 $191,100 $0
2018 $5,372 $191,100 $191,100 $0
2017 $5,090 $191,100 $191,100 $0
2016 $4,973 $191,100 $191,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4803184

PrimeMLS

APN: (035) 059-1-030-000