NOT LISTED FOR SALE

Estimated Value: $588,278 - $626,000

6 Beds
2 Baths
1,739 Sq Ft
$352/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $502,000 $289 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,939/month

48 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of August 2021

Spacious duplex in the heart of Burlington’s South End Art District. Tenants love the close proximity to all the amenities of this sweet location. Quiet street with well kept properties, off street parking, this is a great investment opportunity! Each unit has 3 bedrooms, large living room and kitchen with separate utilities.

Last Agent to Sell the Property

Robbi Handy Holmes

BHHS Vermont Realty Group/S Burlington License #081.0134214 Listed on: 04/29/2021

BHHS Vermont Realty Group/S Burlington

Last Buyer's Agent

Edie Brodsky

Coldwell Banker Hickok and Boardman License #082.0007279

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,155

Year Built

  • Built in 1899

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,739 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Stone Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Chamberlin Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Water Heater Leased
  • Natural Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $7,504
  • Gross Income $46,025
  • Net Operating Income $38,521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,155

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Route 7 South, right on Marble Ave, second house on right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 288.67
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1739
  • Sq Ft - Apx Total Finished: 1739
  • Year Built: 1899
  • List Agent: 25882
  • L O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 1739

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway, Parking Spaces 6+

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Rented
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Electric Company: BED
  • 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: Cans, Curbside

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Chamberlin School
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 3920
  • Lot Acres: 0.09
  • Lot Description: City Lot, Sidewalks, Street Lights
  • Zoning: RM
  • Deed Book: 990
  • Deed Page: 558-559
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 46025
  • Net Income: 38521
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7155.16
  • Tax Year: 2021

MLS Schools

  • School District: Burlington School District
  • School Middle Jr: Edmunds Middle School

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
08/12/2021 08/12/21 Sold $502,000 -1.6% $289 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $510,000 -5.6% $293 / Sq Ft
05/22/2021 05/22/21 Price Changed $540,000 -3.6% $311 / Sq Ft
05/11/2021 05/11/21 Price Changed $560,000 -2.6% $322 / Sq Ft
04/29/2021 04/29/21 For Sale $575,000 -- $331 / 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 $9,948 $411,600 $142,900 $268,700
2023 $8,697 $411,600 $142,900 $268,700
2022 $8,695 $411,600 $142,900 $268,700
2021 $9,059 $411,600 $142,900 $268,700
2020 $7,155 $232,500 $127,700 $104,800
2019 $5,104 $232,500 $127,700 $104,800
2018 $6,536 $232,500 $127,700 $104,800
2017 $6,025 $232,500 $127,700 $104,800
2016 $5,283 $232,500 $127,700 $104,800
2015 $5,283 $2,325 $0 $0
2014 $5,283 $2,325 $0 $0
2013 $5,283 $2,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4858148

PrimeMLS

APN: (035) 049-4-026-000