NOT LISTED FOR SALE

48 Murray St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $550,000 - $683,000

5 Beds
3 Baths
2,107 Sq Ft
$295/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2020

Last sale price $402,500 $191 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,073 / mo

65 Days on Market

Highlights

  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Carpet

About This Home

As of June 2020

Steady rental history, solid units w/ample off street parking. blocks to downtown. Two 1 bedroom units and one 3 bedroom. Burlington rental market is strong and this property offers a nice entry to the business. Very good income. Each unit has separate heat and electric. Located within walking distance to Burlington City Center, shopping, employment,services, schools & on the bus line. Investor or owner occupied; the numbers look great!

Last Agent to Sell the Property

Brian Armstrong

KW Vermont License #081.0004255 Listed on: 12/16/2019

KW Vermont

Co-Listed By

Cole Elwood

KW Vermont License #082.0107521

Last Buyer's Agent

Kimberly Hart

Real Broker LLC License #082.0085305

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,894

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Dirt Driveway
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,107 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $26,590
  • Gross Income $38,525
  • Net Operating Income $11,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,894

Year Built

Built in 1910

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Farmhouse
  • Directions: Pearl Street to North Champlain St, to North Street, turn right onto North Street, just passed school on right, turn onto Murray Street, property on left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 191.03
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2687
  • Sq Ft - Apx Total Finished: 2107
  • Year Built: 1910
  • List Agent: 3481
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partial
  • Sq Ft - Apx Finished AG: 2107
  • Sq Ft - Apx Unfinished BG: 580

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Clapboard
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt, Slate

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off Street
  • Garage: Yes
  • Garage Description: Unassigned
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RES
  • Deed Book: 1328
  • Deed Page: 116
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 38525
  • Net Income: 11934.89
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7894
  • Tax Year: 2019

MLS Schools

  • School District: Burlington School District

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2019
Closed on
Jun 26, 2020
Sold by
48 Murray Llc
Bought by
Seller's Agent
Brian Armstrong
KW Vermont
Buyer's Agent
Kimberly Hart
Real Broker LLC
List Price
$415,000
Sold Price
$402,500
Premium/Discount to List
-$12,500
-3.01%
Current Estimated Value
$640,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,564
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Feb 1, 2017
Sold by
Georgakis Victoria
Bought by
48 Murray Llc

Purchase Details

Closed on
Dec 27, 2016
Sold by
Georgaki Antonis C
Bought by
Georgakis Victoria J

Purchase Details

Closed on
Jun 28, 2013
Sold by
Georgakis Antonis C
Bought by
Georgakis Antonis C and Georgakis Victoria

Purchase Details

Closed on
Aug 27, 2004
Sold by
Loretta Devito
Bought by
Butler Jerylann

Purchase Details

Closed on
Jul 28, 1995
Sold by
King John F
Bought by
Mathers Steven P and Mathers Cynthia A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old North End, VT

  • Pete Kelly Real Estate Agent - KW Vermont-Stowe

    Pete Kelly

    KW Vermont-Stowe

    (802) 823-8682

    60 Total Sales

    1 in Old North End

    $300,000 Price

    Pete Kelly
     Section Image
  • Carrie Paquette Real Estate Agent - BHHS Vermont Realty Group/S Burlington

    Carrie Paquette

    BHHS Vermont Realty Group/S Burlington

    (802) 455-4880

    64 Total Sales

    2 in Old North End

    $185K - $482K Price Range

    Carrie Paquette
     Section Image
  • Prabin Pokhrel Real Estate Agent - KW Vermont

    Prabin Pokhrel

    KW Vermont

    (802) 278-0963

    16 Total Sales

    3 in Old North End

    $461K - $800K Price Range

    Prabin Pokhrel
     Section Image
  • Matt Havers Real Estate Agent - FLAT FEE REAL ESTATE

    Matt Havers

    FLAT FEE REAL ESTATE

    (802) 992-1868

    187 Total Sales

    1 in Old North End

    $323,400 Price

    Matt Havers
     Section Image
  • Darcy Handy Real Estate Agent - RE/MAX North Professionals

    Darcy Handy

    Responds Quickly

    RE/MAX North Professionals

    (802) 992-1740

    370 Total Sales

    3 in Old North End

    $400K - $2.8M Price Range

    Darcy Handy
     Section Image
  • Lipkin Audette Team Real Estate Agent - Coldwell Banker Hickok and Boardman

    Lipkin Audette Team

    Responds Quickly

    Coldwell Banker Hickok and Boardman

    (802) 760-2977

    1,049 Total Sales

    98 in Old North End

    $185K - $2.1M Price Range

    Lipkin Audette Team
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$402,500 --
48 Murray Llc -- --
Georgakis Victoria J -- --
Georgakis Antonis C -- --
Butler Jerylann -- --
Mathers Steven P $96,900 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $402,500 -0.6% $191 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/28/2020 01/28/20 Price Changed $405,000 -2.4% $192 / Sq Ft
12/16/2019 12/16/19 For Sale $415,000 -- $197 / Sq Ft
Source: PrimeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,695 $591,715 $261,275 $330,440
2025 $6,372 $580,113 $256,152 $323,961
2024 $6,372 $568,739 $251,130 $317,609
2023 $6,372 $557,588 $246,206 $311,382
2022 $6,295 $546,656 $241,379 $305,277
2021 $6,118 $535,939 $236,647 $299,292
2020 $6,072 $530,445 $234,221 $296,224
2019 $5,936 $520,045 $229,629 $290,416
2018 $5,985 $509,849 $225,127 $284,722
2017 $5,531 $499,853 $220,713 $279,140
2016 $5,437 $490,053 $216,386 $273,667
2015 $5,412 $482,693 $213,136 $269,557
2014 $5,325 $473,238 $208,961 $264,277
Source: Public Records

Agents Affiliated with this Home

  • BA

    Seller's Agent in 2020

    Brian Armstrong

    KW Vermont

    (802) 598-3190

    5 in this area

    170 Total Sales

    Brian Armstrong
    Section Image
  • Cole Elwood Real Estate Agent - KW Vermont

    Seller Co-Listing Agent in 2020

    Cole Elwood

    KW Vermont

    (802) 654-8500

    1 in this area

    99 Total Sales

    Cole Elwood
    Section Image
  • Kimberly Hart Real Estate Agent - Real Broker LLC

    Buyer's Agent in 2020

    Kimberly Hart

    Real Broker LLC

    (802) 345-5300

    2 in this area

    72 Total Sales

    Kimberly Hart
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4788133

PrimeMLS

APN: (035) 044-1-355-000

Vermont Chittenden County Burlington 05401 Old North End

48 Murray St, Burlington, VT

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PrimeMLS Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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