$826,500
SOLD OCT 8, 2024
8 Beds
3 Baths
2,432 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$340 Per Sq Ft

6% Below List Price

56 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • 2 Car Garage
  • Balcony
  • Baseboard Heating
  • 3-minute walk to Battery Park

About This Home

As of October 2024

Unlock the potential of this multi-family property tucked away in a premier location but just minutes from Church Street. This well-maintained property features a first-floor 3-bedroom unit, second-floor 3-bedroom unit, and a 2-bedroom townhouse-style unit. Each unit is separately metered for utilities and has ample living space and additional storage in the garage providing comfort and ease for residents. Enjoy a spacious fenced-in backyard and plenty of off-street parking. Leases are all signed and will be on a month to month basis starting the end of July! New boilers installed in units 1 and 3. This opportunity affords new owners to quickly reach market rents in this competitive market. Don't miss out on your opportunity to own a prime piece of real estate in The Queen City!

Last Agent to Sell the Property

The Black Brothers Real Estate Team

Coldwell Banker Hickok and Boardman License #082.0134110 Listed on: 06/19/2024

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

The Black Brothers Real Estate Team

Coldwell Banker Hickok and Boardman License #082.0134110 Listed on: 06/19/2024

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $12,827

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up
  • Garden

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Membrane Roofing

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Underground Utilities
  • Internet Available
  • Cable TV Available

Additional Features

  • Balcony
  • City Lot

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $66,420

Property Details

Home Type

Apartment

Est. Annual Taxes

$12,827

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Footprint: 1216
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 339.84
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3648
  • Sq Ft - Apx Total Finished: 2432
  • Year Built: 1960
  • Remarks Public: Unlock the potential of this multi-family property tucked away in a premier location but just minutes from Church Street. This well-maintained property features a first-floor 3-bedroom unit, second-floor 3-bedroom unit, and a 2-bedroom townhouse-style unit. Each unit is separately metered for utilities and has ample living space and additional storage in the garage providing comfort and ease for residents. Enjoy a spacious fenced-in backyard and plenty of off-street parking. Leases are all signed and will be on a month to month basis starting the end of July! New boilers installed in units 1 and 3. This opportunity affords new owners to quickly reach market rents in this competitive market. Don't miss out on your opportunity to own a prime piece of real estate in The Queen City!
  • List Agent: 282452
  • Display On Internet: Internet - Cable
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Owned
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Unfinished
  • Sq Ft - Apx Finished AG: 2432
  • Sq Ft - Apx Unfinished BG: 1216

Exterior Features

  • Driveway: Paved
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Asphalt
  • Features Exterior: Balcony, Fence - Partial, Garden Space
  • Construction Type: Brick Exterior

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable, Underground Utilities
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1363
  • Deed Page: 35-36
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 66420
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Year Notes: 2023-2024
  • Tax Gross Amount: 12826.8
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Oct 11, 2024
Sold by
Wendelin Dietmar
Bought by
Monroe Rentals Llc
Seller's Agent
The Black Brothers Real Estate Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
The Black Brothers Real Estate Team
Coldwell Banker Hickok and Boardman
List Price
$875,000
Sold Price
$826,500
Premium/Discount to List
-$48,500
-5.54%
Views
70
Current Estimated Value
$784,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,485
Avg. Annual Appreciation
-6.09%

Purchase Details

Listed on
Jun 19, 2024
Closed on
Oct 8, 2024
Sold by
55 Monroe Llc
Bought by
Wendelin Dietmar
Seller's Agent
The Black Brothers Real Estate Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
The Black Brothers Real Estate Team
Coldwell Banker Hickok and Boardman
List Price
$875,000
Sold Price
$826,500
Premium/Discount to List
-$48,500
-5.54%
Views
70

Purchase Details

Listed on
Oct 7, 2016
Closed on
Sep 29, 2017
Sold by
Booth Stephen G and Palmisano Joanne
Bought by
55 Monroe Llc
Seller's Agent
Deborah Hanley
Coldwell Banker Hickok and Boardman
Buyer's Agent
Jonathon Templeton
KW Vermont
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jan 27, 2017
Sold by
Not Provided
Bought by
Booth Stephen G and Palmisano Joanne

Purchase Details

Closed on
Mar 15, 2001
Sold by
Pembridge Thomas D
Bought by
Booth Stephen and Palmisano Joanne
Source: Public Records

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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
Interfamily Deed Transfer -- --
Deed $826,500 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Grant Deed $235,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $826,500 -5.5% $340 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $875,000 +38.9% $360 / Sq Ft
09/29/2017 09/29/17 Sold $630,000 -6.7% $259 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $675,000 -- $278 / 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 $14,016 $579,900 $123,300 $456,600
2023 $12,253 $579,900 $123,300 $456,600
2022 $12,253 $579,900 $123,300 $456,600
2021 $12,764 $579,900 $123,300 $456,600
2020 $12,741 $414,000 $178,200 $235,800
2019 $12,117 $414,000 $178,200 $235,800
2018 $11,638 $414,000 $178,200 $235,800
2017 $11,027 $414,000 $178,200 $235,800
2016 $10,774 $414,000 $178,200 $235,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5001338

PrimeMLS

APN: (035) 044-2-071-000