NOT LISTED FOR SALE

692 North Ave Burlington, VT 05408

New North End Neighborhood

Estimated Value: $462,000 - $544,302

2 Beds
2 Baths
1,654 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $360,000 $218 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,464/month

46 Days on Market

Highlights

  • Deck
  • 2 Car Direct Access Garage
  • High Speed Internet
  • Wood Flooring
  • Garden

About This Home

As of August 2021

Excellent opportunity for an owner occupied or investor with this spacious Duplex offering a 2-car garage and large yard. You'll find a 1-bedroom apartment on each floor with identical floor plans and large living rooms and bedrooms. Kitchens offer a small eat in-area with breakfast bar. Lots of closet space throughout. The 2nd floor unit features a wonderful deck over the garage that gets lots of southern exposure. The basement offers 2 sets of laundry hook-ups and additional storage space. Separate utilities, plenty parking. Private lot overlooking mature woods and Long Pond. You'll love the easy access to North Beach, bike path, shopping and downtown Burlington.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 05/18/2021

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Flex Realty Group

Flex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,047

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Sloped Up
  • Garden

Parking

  • 2 Car Direct Access Garage

Home Design

  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,654 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $9,741
  • Gross Income $31,200
  • Net Operating Income $21,459

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,047

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Multi-Family
  • Directions: North Avenue, just past Burlington High School (North) on right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 217.65
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2481
  • Sq Ft - Apx Total Finished: 1654
  • Year Built: 1950
  • Remarks Public: Excellent opportunity for an owner occupied or investor with this spacious Duplex offering a 2-car garage and large yard. You'll find a 1-bedroom apartment on each floor with identical floor plans and large living rooms and bedrooms. Kitchens offer a small eat in-area with breakfast bar. Lots of closet space throughout. The 2nd floor unit features a wonderful deck over the garage that gets lots of southern exposure. The basement offers 2 sets of laundry hook-ups and additional storage space. Separate utilities, plenty parking. Private lot overlooking mature woods and Long Pond. You'll love the easy access to North Beach, bike path, shopping and downtown Burlington.
  • L A3 User Code: 623315
  • List Agent: 282798
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Full, Stairs - Interior, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 1654
  • Sq Ft - Apx Unfinished BG: 827

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle
  • Features Exterior: Deck, Garden Space

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 4
  • Garage: Yes
  • Garage Description: Direct Entry
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Septic
  • Water: Public
  • Water Heater: Owned, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air
  • Electric Company: Burlington Electric Dept.
  • Total Electric Meters: 3
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Lot Description: City Lot, Sidewalks
  • Surveyed: Unknown
  • Zoning: RLD
  • Deed Book: 1351
  • Deed Page: 255-256
  • Deed Recorded Type: Trust

Multi Family

  • Gross Income: 31200
  • Net Income: 21459
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 2

Tax Info

  • Tax Year Notes: 2020-2021
  • Tax Gross Amount: 6047.28
  • Tax Year: 2020

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
08/30/2021 08/30/21 Sold $360,000 -2.4% $218 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $369,000 -- $223 / 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 $8,769 $362,800 $92,600 $270,200
2023 $7,666 $362,800 $92,600 $270,200
2022 $7,610 $362,800 $92,600 $270,200
2021 $7,985 $362,800 $92,600 $270,200
2020 $6,047 $196,500 $70,600 $125,900
2019 $5,751 $196,500 $70,600 $125,900
2018 $5,262 $187,200 $70,600 $116,600
2017 $4,986 $187,200 $70,600 $116,600
2016 $4,872 $187,200 $70,600 $116,600
Source: Public Records

Agents Affiliated with this Home

  • Lipkin Audette Team

    Seller's Agent in 2021

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    49 in this area

    1,126 Total Sales

    Lipkin Audette Team
    Section Image
  • Flex Realty Group

    Buyer's Agent in 2021

    Flex Realty Group

    Flex Realty

    (802) 399-2860

    62 in this area

    1,760 Total Sales

    Flex Realty Group
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4861379

PrimeMLS

APN: (035) 034-2-003-000

Vermont Chittenden County Burlington 05408 New North End

692 North Ave, Burlington, VT

This home is located at 692 North Ave, Burlington, VT 05408 since 18 May 2021 and is currently estimated at $505,576, approximately $305 per square foot. This property was built in 1950. 692 North Ave is a home located in Chittenden County with nearby schools including C.P. Smith School, Lyman C. Hunt Middle School, and Burlington Senior High School.

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