NOT LISTED FOR SALE

54 Clarke St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $608,000 - $802,000

5 Beds
2 Baths
3,120 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $407,500 $131 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,858/month

107 Days on Market

About This Home

As of August 2020

Downtown Burlington Duplex just one block from the top of Church Street! Separate utilities, off-street parking, fenced yard and more! The first floor apartment offers 3 bedrooms, 1.5 baths, some original woodwork including a pocket doors and built-ins, basement access with laundry hook-ups, 3 season back room/storage and a covered porch. Upstairs you'll find a large apartment with 2+ bedrooms, washer/dryer and a 3/4 bathroom. The building has gone through Burlington's lead abatement program and offers new windows and fresh exterior paint. It also been through the Efficiency Vermont program and updated with extra insulation. Ready for interior cosmetic updates! An excellent opportunity to invest in Burlington with an upside to the current rents!

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 03/13/2020

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Alex LaVigne

Coldwell Banker Islands Realty

Coldwell Banker Islands Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,517

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Unfinished Basement

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

Utilities

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

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $13,878
  • Gross Income $36,420
  • Net Operating Income $22,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,517

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From Main Street, take North Winooski Avenue North, left on Pearl Street, right on Clarke Street, building on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 130.61
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4800
  • Sq Ft - Apx Total Finished: 3120
  • Year Built: 1905
  • Remarks Public: Downtown Burlington Duplex just one block from the top of Church Street! Separate utilities, off-street parking, fenced yard and more! The first floor apartment offers 3 bedrooms, 1.5 baths, some original woodwork including a pocket doors and built-ins, basement access with laundry hook-ups, 3 season back room/storage and a covered porch. Upstairs you'll find a large apartment with 2+ bedrooms, washer/dryer and a 3/4 bathroom. The building has gone through Burlington's lead abatement program and offers new windows and fresh exterior paint. It also been through the Efficiency Vermont program and updated with extra insulation. Ready for interior cosmetic updates! An excellent opportunity to invest in Burlington with an upside to the current rents!
  • List Agent: 282798
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 3120
  • Sq Ft - Apx Unfinished AG: 480
  • Sq Ft - Apx Unfinished BG: 1200

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Slate

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Tank
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Electric Company: Green Mountain Power
  • Total Electric Meters: 3
  • 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: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R2
  • Deed Book: 544
  • Deed Page: 222-223
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 36420
  • Net Income: 22542
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2019-2020
  • Tax Gross Amount: 8517
  • Tax Year: 2019

Range of Values:

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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 Change Sq Ft Price
08/06/2020 08/06/20 Sold $407,500 -9.4% $131 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $450,000 -- $144 / 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 $12,493 $516,900 $108,200 $408,700
2023 $10,922 $516,900 $108,200 $408,700
2022 $10,920 $516,900 $108,200 $408,700
2021 $11,377 $516,900 $108,200 $408,700
2020 $8,956 $291,000 $97,100 $193,900
2019 $8,517 $291,000 $97,100 $193,900
2018 $8,180 $291,000 $97,100 $193,900
2017 $7,751 $291,000 $97,100 $193,900
2016 $7,573 $291,000 $97,100 $193,900
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

    104 in this area

    1,126 Total Sales

    Lipkin Audette Team
    Section Image
  • Alex LaVigne

    Buyer's Agent in 2020

    Alex LaVigne

    Coldwell Banker Islands Realty

    (802) 734-6483

    1 in this area

    18 Total Sales

    Alex LaVigne
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4797909

PrimeMLS

APN: (035) 044-4-131-000

Vermont Chittenden County Burlington 05401 Old North End

54 Clarke St, Burlington, VT

This home is located at 54 Clarke St, Burlington, VT 05401 since 13 March 2020 and is currently estimated at $716,294, approximately $229 per square foot. This property was built in 1905. 54 Clarke St 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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