NOT LISTED FOR SALE

42 Walnut St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $505,000 - $608,980

4 Beds
2 Baths
2,188 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $466,000 $213 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,757/month

4 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • Property is Fully Fenced
  • Enclosed Patio or Porch
  • High Speed Internet
  • 3-minute walk to Roosevelt Park

About This Home

As of October 2020

For sale for the first time in over 20 years, this Old North End Duplex presents a unique opportunity for investors with potential for future owner-occupiers. Well-maintained with recent updates including lead abatement, vinyl siding, electrical system and new PVC sewer pipes. Spacious, sunny 2-bedroom apartments - one on each floor with enclosed porches, flexible floor plans and separate utilities. Tenants love the private, fenced back yard, some off-street parking and convenient location. Close proximity to parks, schools, cafes and downtown. Invest in Burlington today!

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 08/27/2020

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Jacqueline Marino

RE/MAX North Professionals License #082.0004646

RE/MAX North Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,635

Year Built

  • Built in 1899

Lot Details

  • 3,485 Sq Ft Lot
  • Property is Fully Fenced
  • Lot Sloped Up
  • Garden

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,188 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Dirt Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $11,433
  • Gross Income $37,200
  • Net Operating Income $25,767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,635

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Duplex, Multi-Family
  • Directions: From Main Street, take North Willard Street North, left onto Archibald Street, right onto Walnut Street, property on right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 212.98
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3213
  • Sq Ft - Apx Total Finished: 2188
  • Property Type: Multi-Family
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2188
  • Sq Ft - Apx Unfinished BG: 1025

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal, Slate
  • Features Exterior: Fence - Full, Garden Space, Porch - Enclosed

Garage/Parking

  • Parking: Driveway, Parking Spaces 2

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Electric Company: Burlington Electric Dept.
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Cans, Owner
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 3485
  • Lot Acres: 0.08
  • Lot Description: City Lot, Sidewalks
  • Surveyed: Unknown
  • Zoning: RMD
  • Deed Book: 1120
  • Deed Page: 525
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 37200
  • Net Income: 25767
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6635.08
  • Tax Year: 2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $466,000 -0.6% $213 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $469,000 -- $214 / 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 $10,079 $417,000 $104,600 $312,400
2023 $8,067 $381,800 $104,600 $277,200
2022 $8,066 $381,800 $104,600 $277,200
2021 $8,403 $381,800 $104,600 $277,200
2020 $6,635 $215,600 $94,100 $121,500
2019 $6,310 $215,600 $94,100 $121,500
2018 $6,061 $215,600 $94,100 $121,500
2017 $5,743 $215,600 $94,100 $121,500
2016 $5,611 $215,600 $94,100 $121,500
Source: Public Records

Agents Affiliated with this Home

  • Lipkin Audette Team

    Seller's Agent in 2020

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    102 in this area

    1,106 Total Sales

    Lipkin Audette Team
    Section Image
  • Jacqueline Marino

    Buyer's Agent in 2020

    Jacqueline Marino

    RE/MAX

    (800) 639-4520

    3 in this area

    93 Total Sales

    Jacqueline Marino
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4825288

PrimeMLS

APN: (035) 039-4-123-000

Vermont Chittenden County Burlington 05401 Old North End

42 Walnut St, Burlington, VT

Not Listed for Sale

MultiFamily

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