NOT LISTED FOR SALE

48 Latham Ct Burlington, VT 05401

Estimated Value: $441,000 - $641,668

3 Beds
2 Baths
1,910 Sq Ft
$292/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $490,000 $257 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,990/month

17 Days on Market

Highlights

  • 1 Car Attached Garage
  • High Speed Internet
  • Walk-Up Access
  • Hot Water Heating System

About This Home

As of February 2024

Burlington duplex in a prime location just steps from the University of Vermont and Medical Center. Owner occupied and dutifully maintained for many years. From the basement to the attic, the pride in ownership is evident throughout this property. Many updates: Just completed Weatherization by CVOEO in fall of 2023; new hybrid heat pump electric water heater in summer 2023; new high efficiency hot water boiler summer 2020; the building's electrical system was extensively updated in 2009 with upgraded service, panels and grounding. Attached garage with storage loft, breezeway, covered porches, private fenced backyard with shed. A smart move for any buyer looking for efficiency, proximity to campus and hospital while generating income.

Last Agent to Sell the Property

William Kell

Kell and Company License #082.0048799 Listed on: 11/01/2023

Last Buyer's Agent

Geri Reilly

Geri Reilly Real Estate License #081.0002576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,417

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 3-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Basement Storage

Schools

  • Burlington High School

Utilities

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

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,417

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 256.54
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3071
  • Sq Ft - Apx Total Finished: 1910
  • Year Built: 1924
  • Remarks Public: Burlington duplex in a prime location just steps from the University of Vermont and Medical Center. Owner occupied and dutifully maintained for many years. From the basement to the attic, the pride in ownership is evident throughout this property. Many updates: Just completed Weatherization by CVOEO in fall of 2023; new hybrid heat pump electric water heater in summer 2023; new high efficiency hot water boiler summer 2020; the building's electrical system was extensively updated in 2009 with upgraded service, panels and grounding. Attached garage with storage loft, breezeway, covered porches, private fenced backyard with shed. A smart move for any buyer looking for efficiency, proximity to campus and hospital while generating income.
  • List Agent: 8980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 1910
  • Sq Ft - Apx Unfinished AG: 102
  • Sq Ft - Apx Unfinished BG: 1059

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Cable Company: Burlington Telecom
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: BED
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot
  • Surveyed: Yes
  • Surveyed By: Robenstein
  • Zoning: RLD
  • Deed Book: 1319
  • Deed Page: 154-155
  • Deed Recorded Type: Warranty

Multi Family

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

Tax Info

  • Tax Gross Amount: 10416.52
  • Tax Year: 2024

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 1, 2024
Sold by
Sweetser Paulette and Sweetser Stallman H
Bought by
Mcelwain 48Lc Llc
Seller's Agent
William Kell
Kell and Company
Buyer's Agent
Geri Reilly
Geri Reilly Real Estate
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%
Views
72
Current Estimated Value
$557,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,417
Avg. Annual Appreciation
7.46%
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
Mcelwain 48Lc Llc $490,000 --
Mcelwain 48Lc Llc $490,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $490,000 -1.8% $257 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $499,000 -3.9% $261 / Sq Ft
11/06/2023 11/06/23 Price Changed $519,000 -5.6% $272 / Sq Ft
11/01/2023 11/01/23 For Sale $550,000 -- $288 / 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 $11,437 $473,200 $148,300 $324,900
2023 $9,999 $473,200 $148,300 $324,900
2022 $9,926 $473,200 $148,300 $324,900
2021 $10,059 $473,200 $147,900 $325,300
2020 $7,983 $269,900 $137,500 $132,400
2019 $7,625 $269,900 $137,500 $132,400
2018 $7,287 $269,900 $137,500 $132,400
2017 $6,994 $269,900 $137,500 $132,400
2016 $6,775 $269,900 $137,500 $132,400
Source: Public Records

Agents Affiliated with this Home

  • William Kell

    Seller's Agent in 2024

    William Kell

    Kell and Company

    (802) 999-8417

    48 Total Sales

    Section Image
  • Geri Reilly

    Buyer's Agent in 2024

    Geri Reilly

    Geri Reilly Real Estate

    (802) 862-6677

    693 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4976361

PrimeMLS

APN: (035) 046-2-040-000

Vermont Chittenden County Burlington 05401

48 Latham Ct, Burlington, VT

This home is located at 48 Latham Ct, Burlington, VT 05401 since 01 November 2023 and is currently estimated at $557,417, approximately $291 per square foot. This property was built in 1924. 48 Latham Ct is a home located in Chittenden County with nearby schools including Edmunds Elementary School, Edmunds Middle School, and Burlington Senior High School.

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