NOT LISTED FOR SALE

Estimated Value: $449,000 - $470,000

2 Beds
2 Baths
1,216 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $455,000 $374 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,089/month

20 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Partially Fenced Property
  • Vinyl Plank Flooring
  • High Speed Internet
  • 2-minute walk to Battery Park

About This Home

As of October 2024

This Downtown Burlington duplex is a fantastic opportunity for both owner-occupiers and investors! Located just a stone's throw from Battery Park and the Lake Champlain waterfront, this well-maintained building has been cared for by its owner for many years. Key updates include new siding and windows installed about 10 years ago, newer heating systems, and a beautiful standing seam metal roof that's only 2 years old. The property features two spacious 1-bedroom units, each with laundry hook-ups and separate utilities. Additional perks include storage in the basement, some off-street parking, and resident-only street parking. Enjoy easy access to a corner convenience store, the police station, city parks, and the Church Street Marketplace. Whether you're looking to occupy one unit while renting out the other, or seeking a solid investment opportunity, this duplex is ideal!

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 08/07/2024

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

The Black Brothers Real Estate Team

Coldwell Banker Hickok and Boardman License #082.0134110

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,990

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Partially Fenced Property
  • Lot Sloped Up

Parking

  • Dirt Driveway

Home Design

  • Duplex
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,216 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Schools

  • Assigned Elementary And Middle School
  • Burlington High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $12,092
  • Gross Income $41,400
  • Net Operating Income $29,308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,990

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: North on Battery St, right onto Monroe St (across from Battery Park, after Pearl). Blue house on right. To park on Monroe St, you need a parking pass, one will be located as you enter the front door, on the stairs. Please remember to put it back. If multiple cars, park around corner or at park.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 374.18
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1810
  • Sq Ft - Apx Total Finished: 1216
  • Year Built: 1920
  • List Agent: 282798
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Duplex
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl Plank
  • Total Rooms Above Ground: 7
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Storage - Assigned, Storage - Locked, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 1216
  • Sq Ft - Apx Unfinished BG: 594

Exterior Features

  • Driveway: Dirt
  • Foundation: Brick, Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Standing Seam
  • Easements: Unknown
  • Features Exterior: Fence - Partial, Porch - Covered
  • Construction Type: Wood Frame, Vinyl Siding

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Gas Heater - Vented
  • Electric Company: Burlington Electric
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Curbside, Private
  • Utilities: Cable - Available
  • Water Source: Public

Fee Information

  • Tax Class: Homestead

Schools

  • Elementary School: Assigned
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 1742
  • Land Gains: To Be Determined
  • Lot Acres: 0.04
  • Surveyed: Unknown
  • Zoning: RH
  • Deed Book: 573
  • Deed Page: 1-2

Multi Family

  • Gross Income: 41400
  • Net Income: 29308
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 2

Tax Info

  • Tax Year Notes: 2024-2025
  • Tax Gross Amount: 7990
  • Tax Year: 2024

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Assigned

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 11, 2024
Sold by
Wendelin Dietmar
Bought by
Monroe Rentals
Seller's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
The Black Brothers Real Estate Team
Coldwell Banker Hickok and Boardman
List Price
$479,000
Sold Price
$455,000
Premium/Discount to List
-$24,000
-5.01%
Views
51
Current Estimated Value
$461,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,228
Avg. Annual Appreciation
1.18%

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 8, 2024
Sold by
Mosley Todd
Bought by
Wendelin Dietmar
Seller's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
The Black Brothers Real Estate Team
Coldwell Banker Hickok and Boardman
List Price
$479,000
Sold Price
$455,000
Premium/Discount to List
-$24,000
-5.01%
Views
51
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Monroe Rentals -- --
Wendelin Dietmar $455,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $455,000 -5.0% $374 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $479,000 -- $394 / 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 $7,959 $329,300 $96,200 $233,100
2023 $6,958 $329,300 $96,200 $233,100
2022 $6,928 $329,300 $96,200 $233,100
2021 $7,088 $329,300 $96,200 $233,100
2020 $4,721 $159,600 $87,300 $72,300
2019 $4,528 $159,600 $87,300 $72,300
2018 $4,330 $159,600 $87,300 $72,300
2017 $4,162 $159,600 $87,300 $72,300
2016 $4,039 $159,600 $87,300 $72,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 5008557

PrimeMLS

APN: (035) 044-2-130-000