NOT LISTED FOR SALE

282 Pearl St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $676,000 - $779,788

8 Beds
3 Baths
2,220 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $690,000 $311 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,294/month

45 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Wood Siding
  • Hot Water Heating System

About This Home

As of June 2022

Prime student rental located between UVM and downtown. This 3-unit multi-family is in one of Burlington’s most desirable locations. Fully occupied and in high demand – apartments consist of a 4 bedroom, a 3 bedroom, and a studio. Separate utilities. 282 Pearl Street is a great investment in Burlington and your future!

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 03/07/2022

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 03/07/2022

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,009

Year Built

  • Built in 1899

Lot Details

  • 2,396 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 2.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

  • Assigned Elementary School
  • Burlington High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heater Leased
  • High Speed Internet

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $24,720
  • Gross Income $76,800
  • Net Operating Income $52,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,009

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: On the corner of Pearl Street and Greene Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 310.81
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3198
  • Sq Ft - Apx Total Finished: 2220
  • Year Built: 1899
  • Remarks Public: Prime student rental located between UVM and downtown. This 3-unit multi-family is in one of Burlington’s most desirable locations. Fully occupied and in high demand – apartments consist of a 4 bedroom, a 3 bedroom, and a studio. Separate utilities. 282 Pearl Street is a great investment in Burlington and your future!
  • List Agent: 282798
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2220
  • Sq Ft - Apx Unfinished BG: 978

Exterior Features

  • Construction: Wood Frame
  • Exterior: Clapboard, Wood
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Rented
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District
  • Elementary School: Assigned
  • High School: Burlington High School
  • Elementary School: Assigned
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 2396
  • Lot Acres: 0.055
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 1167
  • Deed Page: 510
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 76800
  • Net Income: 52080
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Year Notes: 2021-2022
  • Tax Gross Amount: 14009.36
  • Tax Year: 2021

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Jun 17, 2022
Sold by
282 Pearl Street Llc
Seller's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
List Price
$690,000
Sold Price
$690,000
Current Estimated Value
$736,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,197
Avg. Annual Appreciation
2.12%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Rooney Michael
Bought by
Miller Joel
Source: Public Records

Range of Values:

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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
-- $690,000 --
Miller Joel $245,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $690,000 0.0% $311 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $690,000 0.0% $311 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $690,000 -- $311 / 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 $15,384 $636,500 $99,300 $537,200
2023 $13,449 $636,500 $99,300 $537,200
2022 $13,447 $636,500 $99,300 $537,200
2021 $14,009 $636,500 $99,300 $537,200
2020 $17,228 $559,800 $147,600 $412,200
2019 $16,385 $559,800 $147,600 $412,200
2018 $15,736 $559,800 $147,600 $412,200
2017 $14,910 $559,800 $147,600 $412,200
2016 $14,569 $559,800 $147,600 $412,200
Source: Public Records

Agents Affiliated with this Home

  • Lipkin Audette Team

    Seller's Agent in 2022

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    104 in this area

    1,132 Total Sales

    Lipkin Audette Team
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Map

Source: PrimeMLS

MLS Number: 4900036

PrimeMLS

APN: (035) 045-2-007-000

Vermont Chittenden County Burlington 05401 Old North End

282 Pearl St, Burlington, VT

This home is located at 282 Pearl St, Burlington, VT 05401 since 07 March 2022 and is currently estimated at $736,197, approximately $331 per square foot. This property was built in 1899. 282 Pearl St is a home located in Chittenden County with nearby schools including Edmunds Elementary School, Edmunds Middle School, and Burlington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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