NOT LISTED FOR SALE

Estimated Value: $526,000 - $693,000

7 Beds
3 Baths
1,874 Sq Ft
$320/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2022

Last sale price $490,000 $261 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • High Speed Internet
  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2022

Don't miss out on this 3 unit multifamily consisting of 2 buildings. #56 is a duplex with 2 and 3 bedroom units. Separate utilities. #54 is an adorable 2 bedroom Bungalow tucked in the back with covered porch - Perfect to be owner occupied with separate utilities. 2 furnaces are new within the last 2 years, plenty of parking, lots of potential for growth on this one! Walk to downtown, Church Street Marketplace, Lake Champlain, Battery Park, and other Burlington amenities. Delayed showings until January 5th.

Last Agent to Sell the Property

Geri Reilly

Geri Reilly Real Estate License #081.0002576 Listed on: 12/29/2021

Last Buyer's Agent

Flex Realty Group

Flex Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,134

Year Built

  • Built in 1922

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • Stone Driveway

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Rolled or Hot Mop Roof
  • Shake Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,874 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Outdoor Features

  • Covered Patio or Porch

Schools

  • Choice Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Controls for Heating
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • 3 Units
  • Five Seasons Management Association

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $17,000
  • Gross Income $55,800
  • Net Operating Income $38,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,134

Year Built

Built in 1922

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Bungalow
  • Directions: From Pearl Street, right onto Elmwood Ave, left onto Peru Street, property on right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 261.47
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2234
  • Sq Ft - Apx Total Finished: 1874
  • Year Built: 1922
  • List Agent: 21428
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 1874
  • Sq Ft - Apx Unfinished BG: 360

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Shake
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Rolled, Shingle - Asphalt, Slate
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Hot Air, Individual
  • 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: Owner
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • Management Company: Five Seasons management

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Choice
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 3920
  • Lot Acres: 0.09
  • Lot Description: City Lot, Curbing, Level
  • Zoning: Residential
  • Deed Book: 1455
  • Deed Page: 208
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 55800
  • Net Income: 38800
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 12134
  • Tax Year: 2021

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Edmunds Middle School

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 29, 2021
Closed on
Mar 25, 2022
Sold by
Seller's Agent
Geri Reilly
Geri Reilly Real Estate
Buyer's Agent
Flex Realty Group
Flex Realty
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%

Purchase Details

Closed on
Jan 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 1987
Sold by
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$490,000 --
$255,000 --
$47,510 --
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
03/25/2022 03/25/22 Sold $490,000 +3.2% $261 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $475,000 -- $253 / 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
2025 $13,325 $551,300 $107,500 $443,800
2024 $13,325 $551,300 $107,500 $443,800
2023 $11,649 $551,300 $107,500 $443,800
2022 $11,647 $551,300 $107,500 $443,800
2021 $12,134 $551,300 $107,500 $443,800
2020 $9,211 $299,300 $100,500 $198,800
2019 $6,570 $299,300 $100,500 $198,800
2018 $8,413 $299,300 $100,500 $198,800
2017 $7,973 $299,300 $100,500 $198,800
2016 -- $299,300 $100,500 $198,800
2015 -- $2,234 $0 $0
2014 -- $2,234 $0 $0
2013 -- $2,234 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4894111

PrimeMLS

APN: (035) 044-1-368-000

Your Personal Tour Guide

Ask me questions while you tour the home.