$686,000
SOLD APR 14, 2025

545 S Prospect St Unit 16 Burlington, VT 05401

Hill Section Neighborhood
2 Beds
2 Baths
1,446 Sq Ft
1982 Built

Recently Sold

$474 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Lake View
  • Combination Kitchen and Living
  • Balcony
  • Wood Flooring
  • Community Pool
  • 1 Car Detached Garage

About This Home

As of April 2025

Enjoy Lake Champlain and Adirondack views and sunsets from this second-floor flat at Overlake Condominiums. Located at the top of this "Hill Section
In Burlington, this is an excellent location to walk to downtown Burlington, the Lake Champlain waterfront, the University of Vermont, restaurants, yoga, and more. Overlake offers a rare seven acres of landscaped grounds, a tennis court, and a pool. This upgraded property is turned key and ready to make your home. The open floor plan is well-designed, and Red House Construction built a quality kitchen as well as all renovations - a top quality construction firm. The east-facing kitchen has a wall of windows and ample space for an eat-in area or office. The owner has his desk and sofa, creating a fun, functional room. The dining and living area is bright and open, with a new gas fireplace and handsome built-ins. All new hardwood maple flooring and crown molding. Walk out to the balcony for afternoon sun and sunsets. The primary ensuite bedroom with views west has a remodeled full bath with custom tile and vanity. The second bedroom and remodeled bathroom have a stall shower and custom tile. The entrance has a private courtyard with gardens. One car garage. This condominium is "easy living" with low-cost heat and power bills!

Last Agent to Sell the Property

Kathleen OBrien

Four Seasons Sotheby's Int'l Realty License #082.0006036 Listed on: 02/17/2025

Co-Listed By

Patrick Oconnell

Four Seasons Sotheby's Int'l Realty License #082.0102393

Last Buyer's Agent

Silas Pierpont Hale

Ridgeline Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 1982

Lot Details

  • Property is Fully Fenced
  • Landscaped

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Shared Driveway
  • Visitor Parking
  • Assigned Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 1,446 Sq Ft Home
  • Property has 1 Level
  • Gas Fireplace
  • Natural Light
  • Double Pane Windows
  • Combination Kitchen and Living
  • Dining Room

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 54-3-10

Community Details

Recreation

  • Community Pool
  • Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Overlake Condominiums
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,558

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Directions: From Main Street in Burlington, head south on South Prospect, entrance to Overlake Condominiums #545 on right, take immediate left through entrance, 2nd unit on your right, #16, second floor flat.
  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1982
  • Display On Internet: Internet - Cable
  • Architectural Style: Flat
  • ResoLotFeatures: Condo Development, Lake View, Landscaped, Mountain View, Trail/Near Trail, Views, Water View, Near Public Transit
  • Road Frontage Type: Paved, Public
  • PropertySubType: Condominium
  • Co List Office Mls Id: 2212-0
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 1446.0
  • Reso Accessibility Features: Bathroom w/Step-in Shower, Bathroom w/Tub
  • Reso Interior Features: Fireplace - Gas, Fireplaces - 1, Hearth, Kitchen/Living, Master BR w/ BA, Natural Light, Security Doors, Walk-In Closet(s), Laundry - 2nd Floor
  • Unit Levels: One
  • ResoPropertyCondition: Existing
  • Condo_Name: Overlake Condominiums
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • Room_1_Type: Kitchen
  • Room_2_Type: Dining Room
  • Room_4_Type: Primary Bedroom
  • Room_5_Type: Bedroom
  • SqFt_Apx_Total_Finished: 1446
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • SqFt_Apx_Total: 1446
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Electric Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Slate/Stone, Tile
  • Basement: None
  • Other Equipment: CO Detector, Smoke Detectr-Hard Wired
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Driveway: Common/Shared
  • Exterior Features: Balcony, Fence - Full, Windows - Double Pane
  • Roof: Shingle - Asphalt
  • Construction Type: Clapboard
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Auto Open, Assigned, Garage, Parking Spaces 1, Visitor, Detached

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Electric, Gas Heater, Zoned
  • Cooling: Wall Unit(s)
  • Utilities: Cable Connected, Gas - On-Site
  • Water Source: Public

Condo/Co-op/Association

  • Fee: 945
  • Association Amenities: Management, Insurance, Landscaping, Common Acreage, Pool - In-Ground, Tennis Court(s), Trash
  • Association Fee Includes: Landscaping, Plowing, Trash, Condo Association Fee, Special Assessments

Fee Information

  • PAD Fee Frequency: Monthly

Schools

  • Elementary School: Edmunds Elementary School
  • High School: Burlington High School
  • Middle Or Junior School: Edmunds Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: RL

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10558.0
  • Tax Map Number: 54-3-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Apr 14, 2025
Sold by
Feldman Roy
Bought by
Breitner Jordan
Seller's Agent
Kathleen OBrien
Four Seasons Sotheby's Int'l Realty
Buyer's Agent
Silas Pierpont Hale
Ridgeline Real Estate
List Price
$699,000
Sold Price
$686,000
Premium/Discount to List
-$13,000
-1.86%
Views
47
Current Estimated Value
$686,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329
Avg. Annual Appreciation
0.09%

Purchase Details

Closed on
Oct 23, 2017
Sold by
Feldman Roy
Bought by
Feldman Roy

Purchase Details

Closed on
Apr 20, 2012
Sold by
Joann E Kirby Living Trust
Bought by
Feldman Roy
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $686,000 --
Interfamily Deed Transfer -- --
Deed $281,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2025 04/14/25 Sold $686,000 -1.9% $474 / Sq Ft
03/12/2025 03/12/25 Off Market $699,000 -- --
03/11/2025 03/11/25 Pending -- -- --
03/10/2025 03/10/25 Off Market $699,000 -- --
03/08/2025 03/08/25 For Sale $699,000 0.0% $483 / Sq Ft
03/07/2025 03/07/25 Off Market $699,000 -- --
03/06/2025 03/06/25 Price Changed $699,000 0.0% $483 / Sq Ft
03/06/2025 03/06/25 For Sale $699,000 -3.6% $483 / Sq Ft
03/06/2025 03/06/25 Off Market $725,000 -- --
02/17/2025 02/17/25 For Sale $725,000 -- $501 / 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 $10,495 $434,200 $0 $434,200
2023 $9,175 $434,200 $0 $434,200
2022 $9,108 $434,200 $0 $434,200
2021 $10,958 $515,500 $0 $515,500
2020 $8,995 $304,100 $0 $304,100
2019 $8,548 $304,100 $0 $304,100
2018 $8,163 $304,100 $0 $304,100
2017 $7,880 $304,100 $0 $304,100
2016 $7,633 $304,100 $0 $304,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5029595

PrimeMLS

APN: (035) 054-3-010-016