Seller's Agent in 2017
Jeffrey Amato
Vermont Real Estate Company
(860) 614-0722
2 in this area
128 Total Sales
70 Cherry St Burlington, VT 05401
Downtown Burlington NeighborhoodEstimated Value: $795,000 - $1,198,000
10
Beds
3
Baths
3,744
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- Wood Siding
- Maintained Community
- Baseboard Heating
About This Home
As of February 2017Unique opportunity to purchase Triplex in excellent downtown Burlington location. Newly renovated two bedroom unit is located on the first floor with great finishes. Well maintained four bedroom units are both two-story with good size bedrooms, large living rooms and more. Building is fully sprinkled with 6 parking spaces. One block to Church Street, two blocks to waterfront, and ½ block to bus line. Excellent value and rents currently below market value all make this rare opportunity a must see!
Last Agent to Sell the Property
Vermont Real Estate Company License #082.0113712 Listed on: 01/23/2017
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $10,887
Year Built
- Built in 1899
Lot Details
- 2,614 Sq Ft Lot
- Lot Sloped Up
Home Design
- Slate Roof
- Wood Siding
Interior Spaces
- 3 Full Bathrooms
- 3,744 Sq Ft Home
- 2.5-Story Property
Unfinished Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Interior Basement Entry
- Basement Storage
Parking
- 6 Car Parking Spaces
- Shared Driveway
- Paved Parking
- Off-Site Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- Separate Meters
- Water Heater Leased
- Natural Gas Water Heater
Community Details
Overview
- 3 Units
- Maintained Community
Recreation
- Snow Removal
Building Details
- 4 Separate Gas Meters
- Gross Income $69,600
- Net Operating Income $43,887
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 22, 2003
Sold by
Francis Jarret A
Bought by
Northern Joint Venture Propeties Inc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Northern Joint Venture Propeties Inc | $360,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2017 02/13/17 | Sold | $625,000 | +0.2% | $167 / Sq Ft |
| 01/27/2017 01/27/17 | Pending | -- | -- | -- |
| 01/23/2017 01/23/17 | For Sale | $624,000 | -- | $167 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | $18,176 | $752,000 | $164,300 | $587,700 |
| 2023 | $15,890 | $752,000 | $164,300 | $587,700 |
| 2022 | $15,887 | $752,000 | $164,300 | $587,700 |
| 2021 | $16,552 | $752,000 | $164,300 | $587,700 |
| 2020 | $16,914 | $549,600 | $251,600 | $298,000 |
| 2019 | $12,065 | $549,600 | $251,600 | $298,000 |
| 2018 | $15,449 | $549,600 | $251,600 | $298,000 |
| 2017 | $15,429 | $589,100 | $251,600 | $337,500 |
| 2016 | $10,577 | $406,400 | $191,000 | $215,400 |
| 2015 | $9,730 | $4,064 | $0 | $0 |
| 2014 | $9,730 | $4,064 | $0 | $0 |
| 2013 | $9,730 | $4,064 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Amato
-
Kyle Arnold
Buyer's Agent in 2017
Kyle Arnold
Arnold Appraisal Service
(802) 598-9363
Map
Source: PrimeMLS
MLS Number: 4615181
APN: (035) 044-2-012-000
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