NOT LISTED FOR SALE

Estimated Value: $1,042,000 - $1,186,000

2 Beds
2 Baths
1,842 Sq Ft
$615/mo HOA Fee

Last Sold July 30, 2024

Last sale price $1,025,000 $556 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,177/month

329 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • En-Suite Primary Bedroom
  • No Interior Steps
  • Hard or Low Nap Flooring
  • 3-minute walk to City Hall Park

About This Home

As of July 2024

Step into luxury living in this downtown condo, situated atop Corporate Plaza on the Southeast corner of the prestigious 8th floor. As one of only 4 penthouse units, this exclusive home offers unparalleled privacy & panoramic vistas. Soak in sweeping views of Lake Champlain & the majestic Adirondack Mountains alongside the Downtown Burlington cityscape framed against the Green Mountains. Expansive windows facing southwest bathe the living & dining area in abundant natural light. With recently installed cherry flooring throughout & a fresh coat of paint, this sprawling space provides an ideal setting for both intimate gatherings & grand entertaining against a backdrop of stunning scenery. Retreat to a serene Primary Suite, offering the utmost in comfort & relaxation. Unwind in the modern ensuite bathroom, indulging in luxurious amenities offering tranquil ambiance. A 2nd bedroom boasts captivating easterly views, providing a peaceful haven. An additional updated bathroom ensures convenience & versatility, while a cozy den offers a versatile space for unwinding/doubling as a home office. Built-in Murphy beds provides for added flexibility without sacrificing space or style. Experience the epitome of urban convenience with easy access to downtown Burlington's vibrant lakefront, bustling shopping districts, acclaimed restaurants, & lively festivals. Two coveted parking spots in the garage, with proximity to the UVM Medical Center, airport, & colleges make this a prime location.

Last Agent to Sell the Property

Mary Palmer

Four Seasons Sotheby's Int'l Realty License #082.0008178 Listed on: 08/29/2023

Co-Listed By

Karen Bresnahan

Four Seasons Sotheby's Int'l Realty License #082.0084161

Last Buyer's Agent

Michelle Desautels

Coldwell Banker Hickok and Boardman License #082.0119070

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,044

Year Built

  • Built in 1989

HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Masonry

Interior Spaces

  • 1,842 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Dining Area

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Hard or Low Nap Flooring

Location

  • City Lot

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Plunkett Property Mgmt Association, Phone Number (802) 734-7313
  • High-Rise Condominium
  • Corporate Plaza Condos
  • Maintained Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,044

Year Built

Built in 1989

Lot Details

0

HOA Fees

$615 per month

Parking

2

Listing Details

  • Status Detail: Closed
  • Units per Building: 4
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 556.46
  • Property Class: Residential
  • Property Type: Condo
  • Year Built: 1989
  • List Agent: 8295
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: High Rise
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Dryer, Oven - Wall, Refrigerator, Washer, Water Heater–Natural Gas
  • Features Accessibility: 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Hard Surface Flooring, No Stairs, One-Level Home
  • Features Interior: Blinds, Dining Area, Elevator, Primary BR w/ BA, Laundry - 1st Floor
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Level 1: Level 1: Bedroom, Level 1: Kitchen, Level 1: Living/Dining, Level 1: Primary Bdm Ste, Level 1: Office/Study
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living/Dining, On Level: 1
  • Room 3: Primary BR Suite, On Level: 1
  • Room 4: Bedroom, On Level: 1
  • Room 5: 1
  • Sq Ft - Apx Finished AG: 1842
  • Sq Ft - Apx Total: 1842
  • Sq Ft - Apx Total Finished: 1842

Exterior Features

  • Foundation: Concrete
  • Roads: Public
  • Roof: Flat
  • Construction Type: Masonry, Brick Exterior

Garage/Parking

  • Garage Capacity: 2
  • Parking: Assigned, Parking Spaces 2, Detached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Heat Pump
  • Cooling: Central AC
  • Electric Company: Green Mountain Power
  • Utilities: Cable - At Site
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Fee: 550
  • Fee2 Frequency: Monthly
  • Fees 2: 65
  • Mgmt Co Phone: 802-734-7313
  • Condo Fees: Yes
  • Condo Name: Corporate Plaza
  • Management Company: Plunkett Property Mgmt
  • Association Amenities: Building Maintenance

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Zoning: residential condo
  • Deed Book: 603
  • Deed Page: 154
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: Unit # 8SE

Tax Info

  • Tax Gross Amount: 18043.72
  • Tax Year: 2023

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Jul 30, 2024
Sold by
Morrisseau Trustee Paul and Morrisseau Trustee Mary D
Bought by
Desautels Jay
Seller's Agent
Mary Palmer
Four Seasons Sotheby's Int'l Realty
Buyer's Agent
Michelle Desautels
Coldwell Banker Hickok and Boardman
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Views
757
Current Estimated Value
$1,110,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,588
Avg. Annual Appreciation
6.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Desautels Jay $1,025,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Off Market $1,025,000 -- --
07/30/2024 07/30/24 Sold $1,025,000 -10.9% $556 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
05/26/2024 05/26/24 Price Changed $1,150,000 -8.0% $624 / Sq Ft
08/29/2023 08/29/23 For Sale $1,250,000 -- $679 / 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 $20,644 $854,100 $12,800 $841,300
2023 $18,047 $854,100 $12,800 $841,300
2022 $18,044 $854,100 $12,800 $841,300
2021 $18,799 $854,100 $0 $854,100
2020 $16,105 $523,300 $0 $523,300
2019 $15,316 $523,300 $0 $523,300
2018 $14,710 $523,300 $0 $523,300
2017 $13,938 $523,300 $0 $523,300
2016 $13,619 $523,300 $0 $523,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4967694

PrimeMLS

APN: (035) 049-3-022-012