NOT LISTED FOR SALE

545 S Prospect St Unit 29 Burlington, VT 05401

Hill Section Neighborhood

Estimated Value: $665,000 - $716,000

2 Beds
1.5 Baths
1,446 Sq Ft
$972/mo HOA Fee

Last Sold December 03, 2021

Last sale price $575,000 $398 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,747/month

3 Days on Market

Highlights

  • Water Views
  • Community Pool
  • Covered Patio or Porch
  • Resort Property
  • Tennis Courts
  • Balcony

About This Home

As of December 2021

Second floor flat with seasonal Adirondack Mountain views at the Overlake Condominiums! Enjoy city living with green space and outdoor activities on site: association pool & tennis courts, plus seven acres of common land. Lovely, fully fenced private courtyard, nicely landscaped with great spaces to set up your patio furniture - the perfect place to enjoy your morning cup of coffee or a relaxing fall evening. The first floor foyer steps up to one level living. Spacious 26' x 17' living/dining with wood-burning fireplace and balcony access. Cozy eat-in kitchen with granite countertops, tile backsplash and breakfast bar plus office or breakfast nook. Owner's suite with full bath, walk-in closet and balcony access. Second bedroom has access to 2nd bath and overlooks the courtyard below. Detached garage plus additional parking in the common areas. All 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: 10/18/2021

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Carolyn Weaver

KW Vermont License #082.0006303

KW Vermont

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,133

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

  • Water
  • Mountain

Home Design

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

Interior Spaces

  • 1,446 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Open Floorplan
  • Dining Area

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 220 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

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

$10,133

Year Built

Built in 1982

Lot Details

0

HOA Fees

$972 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 III.
  • Units per Building: 14
  • Construction: Existing
  • Resort: Yes
  • Total Stories: 1
  • Price Per Sq Ft: 397.65
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1982
  • Remarks Public: Second floor flat with seasonal Adirondack Mountain views at the Overlake Condominiums! Enjoy city living with green space and outdoor activities on site: association pool & tennis courts, plus seven acres of common land. Lovely, fully fenced private courtyard, nicely landscaped with great spaces to set up your patio furniture - the perfect place to enjoy your morning cup of coffee or a relaxing fall evening. The first floor foyer steps up to one level living. Spacious 26' x 17' living/dining with wood-burning fireplace and balcony access. Cozy eat-in kitchen with granite countertops, tile backsplash and breakfast bar plus office or breakfast nook. Owner's suite with full bath, walk-in closet and balcony access. Second bedroom has access to 2nd bath and overlooks the courtyard below. Detached garage plus additional parking in the common areas. All within minutes of UVM, medical center, downtown Burlington & I-89.
  • List Agent: 6067
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range - Electric, Refrigerator, Washer
  • Equipment: Smoke Detectr-Hard Wired
  • Features Accessibility: Bathroom w/Tub, Paved Parking
  • Features Interior: Dining Area, Fireplace - Wood, Kitchen/Dining, Living/Dining, Master BR w/ BA, Walk-in Closet
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Slate/Stone, Tile
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Level 1: Level 1: Bedroom, Level 1: Kitchen/Dining, Level 1: Living/Dining, Level 1: Master Bdm Suite
  • Room 1: Kitchen/Dining, 17'2" x 12'7", On Level: 1
  • Room 2: Living/Dining, 26'5" x 17', On Level: 1
  • Room 3: MBR Suite, 15' x 13'8", On Level: 1
  • Room 4: Bedroom, 13'10" x 10'5", On Level: 1
  • Sq Ft - Apx Finished AG: 1446
  • Sq Ft - Apx Total: 1446
  • Sq Ft - Apx Total Finished: 1446

Exterior Features

  • Building Number: III
  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Clapboard, Wood
  • Foundation: Concrete
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Balcony, 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: 220 Plug, Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Cooling: Wall AC Units
  • Electric Company: Burlington Electric
  • Phone Company: Xfinity
  • Utilities: Cable - Available, Telephone Available

Condo/Co-op/Association

  • Restrictions: Pets - Cats Allowed, Pets - Dogs Allowed
  • HOA Fee Frequency: Monthly
  • Fee: 358
  • Fees 2: 614
  • 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, Landscaped, Mountain View, Trail/Near Trail, View
  • Owned Land: Shared
  • Surveyed: Yes
  • Surveyed By: Developer
  • Zoning: RL
  • Deed Book: 1290
  • Deed Page: 86
  • Deed Recorded Type: Trust
  • Unit/Lot Number: 29

Tax Info

  • Tax Year Notes: 21-22
  • Tax Gross Amount: 10133.2
  • Tax Year: 2021

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
12/03/2021 12/03/21 Sold $575,000 +9.5% $398 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $525,000 -- $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 $12,791 $529,200 $0 $529,200
2023 $10,064 $476,300 $0 $476,300
2022 $10,062 $476,300 $0 $476,300
2021 $10,492 $476,700 $0 $476,700
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: 4887398

PrimeMLS

APN: (035) 054-3-010-029