NOT LISTED FOR SALE

Estimated Value: $576,031 - $643,000

5 Beds
3 Baths
2,002 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $585,000 $292 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,012/month

11 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Walk-Up Access
  • Hot Water Heating System

About This Home

As of May 2023

Turn-key duplex at corner of Loomis St and Booth St. Offering a 2-bedroom and a 3-bedroom apartment - all fully leased. Both apartments are bright and spacious with many recent updates. There is coin-operated laundry on site and an inviting front porch. This location is great for anyone who wants to be near Pomeroy Park, UVM, and downtown Burlington.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 04/13/2023

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Geri Reilly

Geri Reilly Real Estate License #081.0002576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,941

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 2.5-Story Property
  • Unfinished Basement
  • Walk-Up Access

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $17,237
  • Gross Income $51,900
  • Net Operating Income $34,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,941

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: North on North Willard Street, left on Loomis Street. Property is on the corner of Loomis and Booth Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 292.21
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2829
  • Sq Ft - Apx Total Finished: 2002
  • Year Built: 1910
  • Remarks Public: Turn-key duplex at corner of Loomis St and Booth St. Offering a 2-bedroom and a 3-bedroom apartment - all fully leased. Both apartments are bright and spacious with many recent updates. There is coin-operated laundry on site and an inviting front porch. This location is great for anyone who wants to be near Pomeroy Park, UVM, and downtown Burlington.
  • List Agent: 282798
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2002
  • Sq Ft - Apx Unfinished BG: 827

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District

Lot Info

  • Lot Sq Ft: 2614
  • Lot Acres: 0.06
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 941
  • Deed Page: 297
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 51900
  • Net Income: 34663
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2022-2023
  • Tax Gross Amount: 8940.52
  • Tax Year: 2022

MLS Schools

  • School District: Burlington School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 31, 2023
Sold by
Ponds End Corporation
Bought by
Vo Wilfong Real Estate Investments Llc
Seller's Agent
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
Buyer's Agent
Geri Reilly
Geri Reilly Real Estate
List Price
$577,000
Sold Price
$585,000
Premium/Discount to List
$8,000
1.39%
Views
35
Current Estimated Value
$579,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,135
Avg. Annual Appreciation
0.63%
Source: Public Records

Range of Values:

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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
Vo Wilfong Real Estate Investments Llc $585,000 --
Vo Wilfong Real Estate Investments Llc $585,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $585,000 +1.4% $292 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $577,000 -- $288 / 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 $10,229 $423,200 $100,500 $322,700
2023 $8,942 $423,200 $100,500 $322,700
2022 $8,941 $423,200 $100,500 $322,700
2021 $9,315 $423,200 $100,500 $322,700
2020 $8,759 $284,600 $90,700 $193,900
2019 $8,330 $284,600 $90,700 $193,900
2018 $8,000 $284,600 $90,700 $193,900
2017 $7,580 $284,600 $90,700 $193,900
2016 $7,407 $284,600 $90,700 $193,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4948654

PrimeMLS

APN: (035) 045-1-314-000