NOT LISTED FOR SALE

286 Pearl St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $676,000 - $832,795

7 Beds
3 Baths
2,220 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $765,000 $345 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,429/month

12 Days on Market

About This Home

As of March 2023

Don’t miss out on this unique investment opportunity in the heart of Downtown Burlington! This charming multi-family property has a strong rental history as it is highly sought after by college students and renters looking to be within walking distance of UVM, Champlain, and the Church St marketplace. Renters will seek out this property for it’s perfect location, spacious apartment with open floor plans, hardwood floors, gas fireplaces, and unique layout. Containing 3 total units made up of two 2-bedroom 1- bath apartments and one 3-bedroom 1- bath apartment this property will always be in demand. Each unit has access to the shared free washer and dryer, and off-street parking!! All bedrooms are fairly sized and perfect for adding a desk/study area. Large windows fill each unit with floods of natural light. If you have been looking for the perfect property to add to your investment portfolio, look no further than 286 Pearl St! This property has everything Burlington renters are looking for and is guaranteed to be loved by all its tenants.

Last Agent to Sell the Property

Livian Vermont

KW Vermont License #082.0133781 Listed on: 01/18/2023

KW Vermont

Last Buyer's Agent

Kelly Laliberte

Wallace Realty License #081.0134088

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,946

Year Built

  • Built in 1899

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

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

Interior Spaces

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

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available

Community Details

  • 3 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,946

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 344.59
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4407
  • Sq Ft - Apx Total Finished: 2220
  • Year Built: 1899
  • Remarks Public: Don’t miss out on this unique investment opportunity in the heart of Downtown Burlington! This charming multi-family property has a strong rental history as it is highly sought after by college students and renters looking to be within walking distance of UVM, Champlain, and the Church St marketplace. Renters will seek out this property for it’s perfect location, spacious apartment with open floor plans, hardwood floors, gas fireplaces, and unique layout. Containing 3 total units made up of two 2-bedroom 1- bath apartments and one 3-bedroom 1- bath apartment this property will always be in demand. Each unit has access to the shared free washer and dryer, and off-street parking!! All bedrooms are fairly sized and perfect for adding a desk/study area. Large windows fill each unit with floods of natural light. If you have been looking for the perfect property to add to your investment portfolio, look no further than 286 Pearl St! This property has everything Burlington renters are looking for and is guaranteed to be loved by all its tenants.
  • List Agent: 280915
  • 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 AG: 978
  • Sq Ft - Apx Unfinished BG: 1209

Exterior Features

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

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VGS/Burlington Electric
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Owned, Tank
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard
  • Electric Company: Burlington Electric
  • Separate Utilities: Varies
  • Utilities: High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot
  • Zoning: RES
  • Deed Book: 1464
  • Deed Page: 95
  • Deed Recorded Type: Warranty

Multi Family

  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 12946
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 14, 2023
Sold by
286 Pearl Llc
Bought by
Mcelwain 286 Ps Llc
Seller's Agent
Livian Vermont
KW Vermont
Buyer's Agent
Kelly Laliberte
Wallace Realty
List Price
$835,000
Sold Price
$765,000
Premium/Discount to List
-$70,000
-8.38%
Views
85
Current Estimated Value
$769,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,949
Avg. Annual Appreciation
-0.21%

Purchase Details

Closed on
Apr 11, 2003
Sold by
Mcsweeney Marilyn
Bought by
Larne Investments Llc
Source: Public Records

Range of Values:

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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
Mcelwain 286 Ps Llc $765,000 --
Larne Investments Llc $262,050 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $765,000 -8.4% $345 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $835,000 +26.5% $376 / Sq Ft
08/15/2019 08/15/19 Sold $660,000 -4.3% $249 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
05/28/2019 05/28/19 Price Changed $689,900 -8.4% $260 / Sq Ft
05/09/2019 05/09/19 For Sale $753,000 -- $284 / 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 $14,811 $612,800 $105,000 $507,800
2023 $12,948 $612,800 $105,000 $507,800
2022 $12,946 $612,800 $105,000 $507,800
2021 $13,488 $612,800 $105,000 $507,800
2020 $13,840 $449,700 $149,800 $299,900
2019 $13,162 $449,700 $149,800 $299,900
2018 $12,641 $449,700 $149,800 $299,900
2017 $11,978 $449,700 $149,800 $299,900
2016 $11,703 $449,700 $149,800 $299,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Livian Vermont

    KW Vermont

    Section Image
  • Kelly Laliberte

    Buyer's Agent in 2023

    Kelly Laliberte

    Wallace Realty

    (802) 324-1939

    2 in this area

    91 Total Sales

    Kelly Laliberte
    Section Image
  • Rob Foley

    Seller's Agent in 2019

    Rob Foley

    Flat Fee Real Estate

    (802) 881-6377

    2 in this area

    162 Total Sales

    Rob Foley
    Section Image
  • Kathleen OBrien

    Buyer's Agent in 2019

    Kathleen OBrien

    Four Seasons Sotheby's Int'l Realty

    (802) 343-9433

    2 in this area

    217 Total Sales

    Kathleen OBrien
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4941036

PrimeMLS

APN: (035) 045-2-008-000

Vermont Chittenden County Burlington 05401 Old North End

286 Pearl St, Burlington, VT

This home is located at 286 Pearl St, Burlington, VT 05401 since 18 January 2023 and is currently estimated at $769,949, approximately $346 per square foot. This property was built in 1899. 286 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.

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