3 months on rocket

1531 N Ave, Burlington, VT, 05408

$425,000

0.11 Acres
$223/SqFt
Land

Location

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Property Highlights

Home TypeOther
ParkingDetached, Driveway, Garage
Garage1 space
Year Built1924
HeatingForced Air
CoolingNone
BasementYes
MLS #5008228
Lot Size0.11 Acres
StatusActive

About 1531 N Ave

This Burlington duplex is a fantastic opportunity for first-time investors looking to put in a little sweat equity! Ideal for owner-occupying or for families looking for separate dwellings while staying under one roof. Built in 1924, this property has preserved some of its charming elements like the original moldings and doors, while making maintenance-free updates like the vinyl siding. The unit on the main level features two bedrooms and a full bathroom along with an enclosed front porch, a mudroom/bonus room on the back of the house and access to the basement which offers a laundry area, additional half bath and plenty of extra space to be finished or used for storage. On the second level, you’ll find a cozy and character-filled one-bedroom unit with a spacious floorplan with a full kitchen, large living room and ¾ bath. The units have separate hot water heaters and electric meters with a shared heating system. Outside the nicely sized, level lot has garden space and a concrete patio behind the detached one-car garage. Situated in a prime location, this home offers the perks of a quiet and established neighborhood while being minutes to downtown Burlington and the waterfront. Enjoy easy access to the grocery store, schools and nearby shops and restaurants. This property is full of potential just waiting to be realized by its new owner, so don’t miss your chance to capitalize on this awesome opportunity while it lasts!

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2
  • Living Area: 1,908 SqFt

Listing Office:

  • Office Name: KW Vermont
  • Office Phone: (802) 654-8500
  • Listing Agent: Templeton Real Estate Group

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate, Tile, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Garden Space, Porch - Covered, Porch - Enclosed

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Garden
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From North Ave, turn onto Loaldo Drive - first house on the corner and the driveway is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $223/SqFt

Tax Information:

  • Annual Amount: $6,032
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Burlington, VT.

Med. List Price

$475K

Med. Price/SqFt

$339

Avg. Days On Market

58

# of Sold Homes

14

1531 N Ave vs Burlington

108 DAYS ON ROCKET

+50 Days

$425,000

-$50K Less

$223/SqFt

-$117 Less

KEY TAKEAWAY

This property is $50K less than the Median List Price and $117/SqFt less than other homes in Burlington, VT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #5008228

Listing Office:

  • Office Name: KW Vermont
  • Office Phone: (802) 654-8500
  • Listing Agent: Templeton Real Estate Group

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,032$172,700
2019$4,915$172,700
2018$4,635$172,700
2017$4,475$172,700

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-523375
5
/10
  • J. J. Flynn Elementary School

  • 1645 North Ave

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-523376
4
/10
  • C. P. Smith Elementary School

  • 332 Ethan Allen Pkwy

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-523377
3
/10
  • Integrated Arts Academy

  • 6 Archibald St

  • 2.77 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,310. The majority of Burlington, VT residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1531 N Ave

What is the listing price of this property?

The listing price of 1531 N Ave property is $425,000.

What type of property is this?

The property 1531 N Ave is land located in Burlington, Vermont, 05408.

Is this property for sale now?

Active Listing: 1531 N Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,032 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1531 N Ave is 0.11 acres.
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Rocket HomesVermontChittenden CountyBurlington054081531 N Ave

This home is located at 1531 N Ave in Burlington, VT and zip code 05408 in the New North End neighborhood. This 1,908 square foot home, which was built in 1924, sits on a 0.11 acre lot. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $425,000.

Between September 2024 and October 2024, Burlington, VT real estate market has seen increase in the number of listings by 61.8%. Listings spent 58 days on the market in October 2024, and had a median list price of $475,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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