NOT LISTED FOR SALE

266 Colchester Ave Burlington, VT 05401

Centennial Neighborhood

Estimated Value: $548,000 - $1,270,967

8 Beds
4 Baths
2,995 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $583,438 $195 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,415/month

327 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Garden

About This Home

As of May 2012

Great investment close to UVM, hospital and downtown.

Last Agent to Sell the Property

Linda Murphy

Brian French Real Estate License #082.0006310 Listed on: 03/17/2011

Last Buyer's Agent

Charles Burns

BHHS Vermont Realty Group/Burlington

BHHS Vermont Realty Group/Burlington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,521

Year Built

  • Built in 1945

Lot Details

  • 0.27 Acre Lot
  • Lot Sloped Up
  • Garden

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,995 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $63,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,521

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Colchester Avenue towards Winooski. Property is on LT just before Centennial Field.
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 194.8
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2995
  • Year Built: 1945
  • List Agent: 19759
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Basement: Yes
  • Basement Description: Crawl Space, Full
  • Sq Ft - Apx Finished AG: 2995

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Vinyl
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt, Slate
  • Features Exterior: Garden Space, Porch - Covered

Garage/Parking

  • Parking: On-Site

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Individual
  • Cooling: Individual
  • Electric Company: BED
  • Phone Company: Fairpoint
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 11761
  • Lot Acres: 0.27
  • Surveyed: Unknown
  • Zoning: RL
  • Deed Book: 1054
  • Deed Page: 610
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 63000
  • Total Full Baths: 4
  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 10-11
  • Tax Gross Amount: 11521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2011
Closed on
May 15, 2012
Sold by
266-268 Colchester Avenue Llc
Bought by
The Point Properties Llc
Seller's Agent
Linda Murphy
Brian French Real Estate
Buyer's Agent
Charles Burns
BHHS Vermont Realty Group/Burlington
List Price
$649,000
Sold Price
$583,438
Premium/Discount to List
-$65,562
-10.1%
Current Estimated Value
$782,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,304
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
May 29, 2007
Sold by
Jacquet Ernest K and Jacquet Madeline B
Bought by
Raad Eric J and Helms Robert W

Purchase Details

Closed on
May 6, 2003
Sold by
Lawton Wayne W and Lawton Brenda J
Bought by
Jacquet Ernest K
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
The Point Properties Llc $583,438 --
The Point Properties Llc $583,438 --
Raad Eric J $530,000 --
Raad Eric J $530,000 --
Jacquet Ernest K $425,000 --
Jacquet Ernest K $425,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $583,438 -10.1% $195 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
03/17/2011 03/17/11 For Sale $649,000 -- $217 / 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 $15,578 $644,500 $214,000 $430,500
2023 $13,618 $644,500 $214,000 $430,500
2022 $13,616 $644,500 $214,000 $430,500
2021 $14,185 $644,500 $212,900 $431,600
2020 $15,363 $499,200 $225,600 $273,600
2019 $14,611 $499,200 $225,600 $273,600
2018 $14,033 $499,200 $225,600 $273,600
2017 $13,296 $499,200 $225,600 $273,600
2016 $12,992 $499,200 $225,600 $273,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda Murphy

    Brian French Real Estate

    (802) 343-7807

    26 Total Sales

    Linda Murphy
    Section Image
  • Charles Burns

    Buyer's Agent in 2012

    Charles Burns

    BHHS Vermont Realty Group/Burlington

    (802) 658-5515

    16 Total Sales

    Charles Burns
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4049750

PrimeMLS

APN: (035) 046-1-062-000

Vermont Chittenden County Burlington 05401 Centennial

266 Colchester Ave, Burlington, VT

Not Listed for Sale

MultiFamily

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