NOT LISTED FOR SALE

Estimated Value: $650,000 - $956,283

4 Beds
3 Baths
2,304 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $458,000 $199 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,411/month

16 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 3-minute walk to Battery Park
  • 1 Car Detached Garage

About This Home

As of October 2015

Exceptional Burlington 3-Unit on corner lot. Fantastic quiet location on corner of Front Street and Summer Street yet only a few blocks to downtown. Two second-floor well-maintained one bedroom units and spacious first floor two bedroom unit. Plenty of parking with detached garage. Well maintained units, secluded yard and covered porch. Strong financials - tenants pay utilities.

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 08/03/2015

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Ernie Rossi

Rossi & Riina Real Estate License #081.0092391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,558

Year Built

  • 1899

Lot Details

  • 5,662 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Rent includes parking, sewer, trash, water

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Gross Income $42,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,558

Year Built

1899

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 2304
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1899

Interior Features

  • Equipment: Smoke Detectr-Hard Wired
  • Flooring: Carpet, Hardwood, Vinyl
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2304

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Garage/Parking

  • Garage Capacity: 1
  • Parking: Garage, Off Street
  • Garage Type: Detached
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: BED
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Cans

Schools

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

Lot Info

  • Lot Sq Ft: 5662
  • Lot Acres: 0.13
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM

Rental Info

  • Rent Includes: Parking, Sewer, Trash, Water

Multi Family

  • Gross Income: 42300
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Year Notes: 15-16
  • Tax Gross Amount: 6558.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2004
Sold by
Benoit Walter A
Bought by
Benoit Walter and Benoit Marian E
Current Estimated Value
$779,321
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Benoit Walter -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2015 10/20/15 Sold $458,000 +2.3% $199 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $447,500 +42.1% $194 / Sq Ft
04/17/2012 04/17/12 Sold $315,000 0.0% $137 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $315,000 -- $137 / 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 $14,081 $582,600 $114,600 $468,000
2023 $12,310 $582,600 $114,600 $468,000
2022 $12,268 $582,600 $114,600 $468,000
2021 $12,620 $582,600 $114,600 $468,000
2020 $10,435 $347,100 $137,000 $210,100
2019 $9,757 $347,100 $137,000 $210,100
2018 $9,496 $347,100 $137,000 $210,100
2017 $9,096 $347,100 $137,000 $210,100
2016 $8,843 $347,100 $137,000 $210,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4442250

PrimeMLS

APN: (035) 044-1-271-000