NOT LISTED FOR SALE

Estimated Value: $505,000 - $612,000

5 Beds
3 Baths
1,657 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $450,000 $272 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,953/month

176 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Walk-Up Access
  • Covered Patio or Porch
  • Wood Siding

About This Home

As of November 2021

Located just off Pearl Street between the famous Church Street Marketplace and UVM, this 3-unit property is in a perfect sought-after location. A studio unit, a one-bedroom unit and a 3-bedroom unit provides stable tenant occupancy. All units independently metered for heat, hot water, and electricity. Vinyl siding and slate roof helps keep the maintenance costs to a minimum. City Energy Compliance Certificate issued.

Last Agent to Sell the Property

Brad Chenette

Chenette Real Estate License #081.0004069 Listed on: 03/11/2021

Last Buyer's Agent

Robbi Handy Holmes

BHHS Vermont Realty Group/S Burlington License #081.0134214

BHHS Vermont Realty Group/S Burlington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,838

Year Built

  • Built in 1910

Lot Details

  • 1,176 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2.5-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Sump Pump
  • Dirt Floor

Outdoor Features

  • Covered Patio or Porch

Schools

  • Burlington High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $7,366
  • Gross Income $39,888
  • Net Operating Income $23,154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,838

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: On North side of Pearl St, between Union St and North Willard St, turn onto Greene St. Property on left NW corner of Greene St and Hickok St.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 271.58
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2216
  • Sq Ft - Apx Total Finished: 1657
  • Year Built: 1910
  • Remarks Public: Located just off Pearl Street between the famous Church Street Marketplace and UVM, this 3-unit property is in a perfect sought-after location. A studio unit, a one-bedroom unit and a 3-bedroom unit provides stable tenant occupancy. All units independently metered for heat, hot water, and electricity. Vinyl siding and slate roof helps keep the maintenance costs to a minimum. City Energy Compliance Certificate issued.
  • List Agent: 20673
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt Floor, Full, Stairs - Exterior, Sump Pump
  • Sq Ft - Apx Finished AG: 1657
  • Sq Ft - Apx Unfinished BG: 559

Exterior Features

  • Construction: Wood Frame
  • Exterior: Aluminum, Vinyl, Wood
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle, Slate
  • Easements: Unknown
  • Features Exterior: Porch - Covered

Utilities

  • Cable Company: Burlington Telecom
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Natural Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented
  • Electric Company: BED
  • Phone Company: Burlington Telecom
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Cans, Curbside, Owner, Recycle
  • Utilities: Cable, High Speed Intrnt -Atsite

Condo/Co-op/Association

  • Management Company: Self

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District
  • High School: Burlington High School
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 1176
  • Lot Acres: 0.027
  • Lot Description: City Lot, Corner, Curbing, Level, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: Res Medium
  • Deed Book: 1126
  • Deed Page: 240
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 39888
  • Net Income: 23154
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 9838.44
  • Tax Year: 2021

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2004
Sold by
Fellows Sarah C Trust
Bought by
Couture Greg and Rowan Peter
Current Estimated Value
$560,349
Source: Public Records

Range of Values:

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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
Couture Greg $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $450,000 0.0% $272 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $450,000 -5.3% $272 / Sq Ft
05/06/2021 05/06/21 Price Changed $475,000 -4.0% $287 / Sq Ft
03/11/2021 03/11/21 For Sale $495,000 -- $299 / 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 $10,804 $447,000 $86,400 $360,600
2023 $9,445 $447,000 $86,400 $360,600
2022 $9,443 $447,000 $86,400 $360,600
2021 $9,838 $447,000 $86,400 $360,600
2020 $9,368 $304,400 $126,900 $177,500
2019 $8,909 $304,400 $126,900 $177,500
2018 $8,557 $304,400 $126,900 $177,500
2017 $8,108 $304,400 $126,900 $177,500
2016 $7,922 $304,400 $126,900 $177,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4850674

PrimeMLS

APN: (035) 045-2-055-000