NOT LISTED FOR SALE

Estimated Value: $652,000 - $719,396

3 Beds
2 Baths
1,805 Sq Ft
$383/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $670,500 $371 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,788/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Enclosed Patio or Porch
  • Hot Water Heating System
  • Wood Flooring
  • Shed
  • Brick Driveway

About This Home

As of July 2023

Welcome to a fantastic two-unit multi-family opportunity located in the sought-after South End of Burlington. This duplex, situated at the corner of Lyman Avenue and Foster Street, offers a desirable location and excellent investment potential. The first-floor unit greets you with the esential Vermont Mudroom. Inside, you'll find a spacious kitchen adjacent to the dining room, creating a comfortable flow. The living room boasts a cozy wood-burning fireplace, adding warmth and charm. This unit offers two bedrooms, bonus office space, and a full bathroom. The second-floor unit has recently undergone renovations. The kitchen, living, and dining areas seamlessly merge into an attractive living space, perfect for modern living. Both units feature their own laundry facilities, with the second floor equipped with a dual washer/dryer combination for added convenience. Completing this enticing property is a spacious backyard with large garden shed, providing an ideal setting for outdoor gatherings and entertainment. Don't miss out on this remarkable opportunity to own a two-unit multi-family property in the highly sought-after South End of Burlington, offering convenience, versatility, and a spacious backyard for enjoyable living.

Last Agent to Sell the Property

Matt Havers

Flat Fee Real Estate License #081.0134335 Listed on: 06/23/2023

Last Buyer's Agent

Christopher von Trapp

Coldwell Banker Hickok and Boardman License #082.0005857

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,984

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Lot Sloped Up

Parking

  • Brick Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,805 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

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

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,984

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 371.47
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2953
  • Sq Ft - Apx Total Finished: 1805
  • Year Built: 1930
  • Remarks Public: Welcome to a fantastic two-unit multi-family opportunity located in the sought-after South End of Burlington. This duplex, situated at the corner of Lyman Avenue and Foster Street, offers a desirable location and excellent investment potential. The first-floor unit greets you with the esential Vermont Mudroom. Inside, you'll find a spacious kitchen adjacent to the dining room, creating a comfortable flow. The living room boasts a cozy wood-burning fireplace, adding warmth and charm. This unit offers two bedrooms, bonus office space, and a full bathroom. The second-floor unit has recently undergone renovations. The kitchen, living, and dining areas seamlessly merge into an attractive living space, perfect for modern living. Both units feature their own laundry facilities, with the second floor equipped with a dual washer/dryer combination for added convenience. Completing this enticing property is a spacious backyard with large garden shed, providing an ideal setting for outdoor gatherings and entertainment. Don't miss out on this remarkable opportunity to own a two-unit multi-family property in the highly sought-after South End of Burlington, offering convenience, versatility, and a spacious backyard for enjoyable living.
  • List Agent: 281906
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Tile, Vinyl Plank
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 1805
  • Sq Ft - Apx Unfinished BG: 1148

Exterior Features

  • Construction: Wood Frame
  • Driveway: Brick/Pavers
  • Exterior: Vinyl Siding
  • Foundation: Block
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Enclosed, Shed

Utilities

  • Cable Company: Xfinity
  • Electric: Circuit Breaker(s)
  • Fuel Company: VGS
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented, Hot Water, Radiator
  • Electric Company: Burlington Elec
  • Phone Company: Xfinity
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Municipal
  • Utilities: Cable - Available

Condo/Co-op/Association

  • Management Company: self

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: 11326
  • Lot Acres: 0.26
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1068
  • Deed Page: 175
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 10983.72
  • 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
Jun 23, 2023
Closed on
Jul 27, 2023
Sold by
Vickery John C
Bought by
Grutzmacher Marlena and Grutzmacher James
Seller's Agent
Matt Havers
Flat Fee Real Estate
Buyer's Agent
Christopher von Trapp
Coldwell Banker Hickok and Boardman
List Price
$619,900
Sold Price
$670,500
Premium/Discount to List
$50,600
8.16%
Views
72
Current Estimated Value
$690,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,349
Avg. Annual Appreciation
0.13%

Purchase Details

Closed on
Dec 19, 2002
Sold by
Eustace Timothy M
Bought by
Vickery John
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
Grutzmacher Marlena $670,500 --
Grutzmacher Marlena $670,500 --
Vickery John $195,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $670,500 +8.2% $371 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $619,900 -- $343 / 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 $12,636 $522,800 $169,500 $353,300
2023 $11,047 $522,800 $169,500 $353,300
2022 $10,984 $522,800 $169,500 $353,300
2021 $11,201 $522,800 $169,500 $353,300
2020 $8,773 $294,300 $121,700 $172,600
2019 $8,339 $294,300 $121,700 $172,600
2018 $7,976 $294,300 $121,700 $172,600
2017 $7,670 $294,300 $121,700 $172,600
2016 $7,445 $294,300 $121,700 $172,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4958544

PrimeMLS

APN: (035) 057-2-067-000