NOT LISTED FOR SALE

59-61 Walnut St Burlington, VT 05401

Old North End Neighborhood

Estimated Value: $623,000 - $798,000

4 Beds
2 Baths
2,733 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $376,500 $138 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,742/month

8 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Roosevelt Park
  • Enclosed Patio or Porch

About This Home

As of January 2018

Rare opportunity to invest in a well-kept and loved Duplex in the Old North End! Nicely maintained apartments with the upper unit completely renovated in recent years including an updated kitchen with island and cozy gas heat stove. Hardwood floors, tiled baths and built-ins throughout both units plus newer windows and roof. Perfect opportunity for someone to owner occupy the 2nd floor and have the downstairs tenants help pay your bills! Plenty of parking; established gardens and shed in the private backyard. Sweet O.N.E. location near schools, Roosevelt Park and playground plus easy access to downtown Burlington, waterfront, Church Street, UVM Medical Center and colleges. Don't miss out!

Last Agent to Sell the Property

Steve Lipkin

Coldwell Banker Hickok and Boardman License #081.0004569 Listed on: 11/29/2017

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

  • $5,720

Year Built

  • Built in 1904

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing

Interior Spaces

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

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 35 Car Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $38,400
  • Net Operating Income $27,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,720

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From the intersection of North Willard Street and Archibald Street, take Archibald west almost to end, then right onto Walnut Street, property on left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 137.76
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3759
  • Sq Ft - Apx Total Finished: 2733
  • Year Built: 1904
  • Remarks Public: Rare opportunity to invest in a well-kept and loved Duplex in the Old North End! Nicely maintained apartments with the upper unit completely renovated in recent years including an updated kitchen with island and cozy gas heat stove. Hardwood floors, tiled baths and built-ins throughout both units plus newer windows and roof. Perfect opportunity for someone to owner occupy the 2nd floor and have the downstairs tenants help pay your bills! Plenty of parking; established gardens and shed in the private backyard. Sweet O.N.E. location near schools, Roosevelt Park and playground plus easy access to downtown Burlington, waterfront, Church Street, UVM Medical Center and colleges. Don't miss out!
  • List Agent: 5968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2733
  • Sq Ft - Apx Unfinished BG: 1026

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Foundation: Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Porch - Enclosed

Garage/Parking

  • Parking: Driveway, Parking Spaces 3 - 5

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Stove - Gas
  • Electric Company: Burlington Electric
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Ranges: 2
  • Total Refrigerators: 2

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

  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential Med. Density
  • Deed Book: 1069
  • Deed Page: 472
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 38400
  • Net Income: 27784
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5720
  • Tax Year: 2017

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
01/04/2018 01/04/18 Sold $376,500 +8.3% $138 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $347,500 -- $127 / 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 $11,316 $468,200 $121,500 $346,700
2023 $9,893 $468,200 $121,500 $346,700
2022 $9,851 $468,200 $121,500 $346,700
2021 $10,104 $468,200 $120,500 $347,700
2020 $7,924 $264,200 $107,100 $157,100
2019 $7,532 $264,200 $107,100 $157,100
2018 $7,092 $264,200 $107,100 $157,100
2017 $5,720 $220,100 $107,100 $113,000
2016 $5,587 $220,100 $107,100 $113,000
Source: Public Records

Agents Affiliated with this Home

  • Steve Lipkin

    Seller's Agent in 2018

    Steve Lipkin

    Coldwell Banker Hickok and Boardman

    (802) 846-9520

    Steve Lipkin
    Section Image
  • Ernie Rossi

    Buyer's Agent in 2018

    Ernie Rossi

    Rossi & Riina Real Estate

    (802) 238-5080

    1 in this area

    91 Total Sales

    Ernie Rossi
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4669718

PrimeMLS

APN: (035) 039-4-099-000

Vermont Chittenden County Burlington 05401 Old North End

59-61 Walnut St, Burlington, VT

This home is located at 59-61 Walnut St, Burlington, VT 05401 since 29 November 2017 and is currently estimated at $697,259, approximately $255 per square foot. This property was built in 1904. 59-61 Walnut St is a home located in Chittenden County with nearby schools including Integrated Arts Academy at H.O. Wheeler, Edmunds Middle School, and Burlington Senior High School.

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