NOT LISTED FOR SALE

545 S Prospect St Unit 24 Burlington, VT 05401

Hill Section Neighborhood

Estimated Value: $644,000 - $971,000

2 Beds
3 Baths
1,566 Sq Ft
$662/mo HOA Fee

Last Sold April 26, 2021

Last sale price $799,000 $510 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,548/month

Highlights

  • Resort Property
  • Deck
  • Community Pool
  • Lake View
  • Wood Flooring
  • Tennis Courts

About This Home

As of April 2021

First floor renovated flat at the Overlake Condominiums! Beautifully opened up interior featuring open kitchen/dining/living space with lovely wood-burning fireplace overlooking back deck, common lands and peaks of Lake Champlain & the Adirondack Mountains. Main bedroom enjoy views of common lawns and peaks of the lake & mountains. Cozy sitting area off the kitchen looks out to your own fenced & landscaped courtyard. Terrific basement space for additional storage & more! All windows replaced in 2019. Other improvements made since 2016 include crown molding, new bath in basement, repainted interior, new back deck, and redesigned courtyard with new plantings. Detached garage plus assigned parking in the common driveway. And don't forget the association pool & tennis courts, plus acres of common land for walking & gathering with friends. All this within minutes of UVM, medical center, downtown Burlington & I-89.

Last Agent to Sell the Property

Brian M. Boardman

Coldwell Banker Hickok and Boardman License #082.0005494 Listed on: 04/26/2021

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Brian M. Boardman

Coldwell Banker Hickok and Boardman License #082.0005494 Listed on: 04/26/2021

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,644

Year Built

  • Built in 1982

Lot Details

  • Property is Fully Fenced
  • Landscaped

HOA Fees

Parking

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

Property Views

  • Lake
  • Mountain

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • Bathroom on Main Level
  • 3 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Basement Storage

Home Security

Accessible Home Design

  • Hard or Low Nap Flooring

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Dehumidifier
  • Zoned Heating
  • Baseboard Heating
  • 220 Volts
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Stained glass lighting & window hangings.

Community Details

Overview

  • Association fees include special assessments, landscaping, plowing, recreation, sewer, trash, water, condo fee
  • Master Insurance
  • Resort Property
  • Self Managed Association
  • Overlake Condominiums
  • Overlake Condos Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Trails
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,644

Year Built

Built in 1982

Lot Details

0

HOA Fees

$662 per month

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Flat
  • Development Subdivision: Overlake Condos
  • Directions: Across from Burlington Country Club on South Prospect Street. Turn left inside entrance, Building II.
  • Units per Building: 12
  • Construction: Existing
  • Items Excluded: Stained glass lighting & window hangings.
  • Resort: Yes
  • Total Stories: 1
  • Price Per Sq Ft: 510.22
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1982
  • Remarks Public: First floor renovated flat at the Overlake Condominiums! Beautifully opened up interior featuring open kitchen/dining/living space with lovely wood-burning fireplace overlooking back deck, common lands and peaks of Lake Champlain & the Adirondack Mountains. Main bedroom enjoy views of common lawns and peaks of the lake & mountains. Cozy sitting area off the kitchen looks out to your own fenced & landscaped courtyard. Terrific basement space for additional storage & more! All windows replaced in 2019. Other improvements made since 2016 include crown molding, new bath in basement, repainted interior, new back deck, and redesigned courtyard with new plantings. Detached garage plus assigned parking in the common driveway. And don't forget the association pool & tennis courts, plus acres of common land for walking & gathering with friends. All this within minutes of UVM, medical center, downtown Burlington & I-89.
  • L A1 M M S I Memberkey: 873
  • List Agent: 6067
  • L O1 M M S I Officekey: 70112
  • S A1 M M S I Memberkey: 873
  • S O1 M M S I Officekey: 70112
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrigerator, Washer
  • Equipment: Window AC, Dehumidifier, Smoke Detector, Smoke Detectr-Hard Wired
  • Features Accessibility: 1st Floor 3/4 Bathroom, 1st Floor Bedroom, 1st Floor Hrd Surfce Flr, Bathroom w/Step-in Shower
  • Features Interior: Cedar Closet, Dining Area, Fireplace - Wood, Kitchen Island, Kitchen/Dining
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Tile
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior, Storage Space, Sump Pump, Unfinished
  • Level 1: Level 1: Bedroom, Level 1: Family Room, Level 1: Kitchen/Dining, Level 1: Living Room, Level 1: Master Bedroom
  • Room 1: Kitchen/Dining, 24'8" x 16'11", On Level: 1
  • Room 2: Family Room, 10'3" x 8'3", On Level: 1
  • Room 3: Living Room, 17' x 15', On Level: 1
  • Room 4: Master Bedroom, 15'3" x 14'11", On Level: 1
  • Room 5: 1, 17'6" x 10'5"
  • Sq Ft - Apx Finished AG: 1566
  • Sq Ft - Apx Total: 3132
  • Sq Ft - Apx Total Finished: 1566
  • Sq Ft - Apx Unfinished BG: 1566

Exterior Features

  • Building Number: II
  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Clapboard, Wood
  • Foundation: Concrete
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Fence - Full, Porch - Covered
  • Water Body Type: Lake
  • Water Body Name 2: Lake Champlain
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Garage, Paved, Visitor
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Assigned, Auto Open, Visitor

Utilities

  • Cable Company: Comcast\Xfinity
  • Electric: 200 Amp, 220 Plug, Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Electric
  • Heating: Baseboard, Multi Zone
  • Cooling: Wall AC Units
  • Electric Company: Burlington Electric Dept.
  • Utilities: Cable - Available, Telephone Available

Condo/Co-op/Association

  • Restrictions: Pets - Cats Allowed, Pets - Dogs Allowed
  • HOA Fee Frequency: Monthly
  • Fee: 331
  • Fees 2: 331
  • Fee2 Includes: Special Assessments
  • Fee Includes: Landscaping, Plowing, Recreation, Sewer, Trash, Water, Condo Association Fee
  • Condo Fees: Yes
  • Condo Name: Overlake Condominiums
  • Management Company: Self-Managed
  • Association Amenities: Building Maintenance, Master Insurance, Landscaping, Common Acreage, Pool - In-Ground, Snow Removal, Tennis Court

Fee Information

  • Tax Class: Homestead

Schools

  • School District: Burlington School District
  • Elementary School: Assigned
  • Middle School: Assigned
  • High School: Burlington High School
  • Elementary School: Assigned
  • High School: Burlington High School

Lot Info

  • Common Land Acres: 7
  • Lot Description: Condo Development, Lake View, Landscaped, Mountain View, Trail/Near Trail, View
  • Owned Land: Shared
  • Surveyed: Yes
  • Surveyed By: Developer
  • Zoning: RL
  • Deed Book: 1312
  • Deed Page: 380
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 24

Tax Info

  • Tax Year Notes: 20-21
  • Tax Gross Amount: 13644.32
  • Tax Year: 2020

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Assigned

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
04/26/2021 04/26/21 Sold $799,000 0.0% $510 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $799,000 +45.3% $510 / Sq Ft
07/25/2016 07/25/16 Sold $550,000 -3.3% $351 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $569,000 -- $363 / 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 $15,744 $651,400 $0 $651,400
2023 $12,312 $582,700 $0 $582,700
2022 $12,223 $582,700 $0 $582,700
2021 $12,825 $582,700 $0 $582,700
2020 $13,644 $461,300 $0 $461,300
2019 $13,502 $461,300 $0 $461,300
2018 $12,967 $461,300 $0 $461,300
2017 $11,954 $461,300 $0 $461,300
2016 $9,692 $386,100 $0 $386,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4857558

PrimeMLS

APN: (035) 054-3-010-024