NOT LISTED FOR SALE

63 Buell St Burlington, VT 05401

Downtown Burlington Neighborhood

Estimated Value: $566,600 - $688,000

4 Beds
2 Baths
1,722 Sq Ft
$362/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $405,000 $235 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,004/month

37 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • Tudor Architecture

About This Home

As of May 2014

Price Reduced! Fabulously located duplex between Colleges, Hospital and downtown Burlington. Large units, 5+ car off street parking. Walk up third floor offers expansion potential or storage. Owner in process of increasing income to market rents per attached projections to generate 7+% CAP Rate. Many upgrades, could make a sweet owner occupied property as well.

Last Agent to Sell the Property

Mike Conroy

License #081.0004452 Listed on: 02/21/2014

Last Buyer's Agent

Peter Yee

Yellow Sign Commercial Inc. License #081.0087263

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,045

Year Built

  • 1899

Lot Details

  • 5,662 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,722 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 110 Volts
  • Water Heater

Listing and Financial Details

  • Rent includes heat, hot water, parking, sewer, trash, water

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,045

Year Built

1899

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Tudor
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 1722
  • Unit Info: Ceiling Fan, CO Detector, Dryer, Heat - Natural Gas, Stove - Gas Heat, Washer
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1899

Interior Features

  • Equipment: Smoke Detectr-Hard Wired
  • Flooring: Hardwood, Vinyl
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bulkhead, Full, Sump Pump, Unfinished
  • Sq Ft - Apx Finished AG: 1722

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Parking Spaces 5 - 10
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 110 Volt, Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Electric Company: BED
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Tenant

Lot Info

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

Rental Info

  • Rent Includes: Heat, Hot Water, Parking, Sewer, Trash, Water

Multi Family

  • Gross Income: 33000
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7045.37
  • Tax Year: 2013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $405,000 -14.6% $235 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $474,000 -- $275 / 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 $8,728 $361,100 $175,100 $186,000
2023 $7,630 $361,100 $175,100 $186,000
2022 $7,629 $361,100 $175,100 $186,000
2021 $7,948 $361,100 $175,100 $186,000
2020 $8,503 $276,300 $135,800 $140,500
2019 $8,087 $276,300 $135,800 $140,500
2018 $7,767 $276,300 $135,800 $140,500
2017 $7,359 $276,300 $135,800 $140,500
2016 $7,191 $276,300 $135,800 $140,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mike Conroy

    Section Image
  • Peter Yee

    Buyer's Agent in 2014

    Peter Yee

    Yellow Sign Commercial Inc.

    (802) 598-0006

    20 Total Sales

    Peter Yee
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4338313

PrimeMLS

APN: (035) 044-4-210-000

Vermont Chittenden County Burlington 05401 Downtown Burlington

63 Buell St, Burlington, VT

Not Listed for Sale

MultiFamily

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