12 days on rocket

366 N Ave, Burlington, VT, 05401

$675,000

Home List Price

$8,016*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,430 SqFt
$197/SqFt
House

Location

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366 N Ave, Burlington$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAuto Open, Driveway, Garage, Paved, Attached, Detached
Garage2 spaces
Year Built1935
HeatingNatural Gas, Baseboard, Forced Air, Hot Water
CoolingOther
BasementYes
MLS #5024842
Lot Size0.30 Acres
StatusActive

About 366 N Ave

This property, nestled in Burlington's RC zone under new zoning regulations, presents an enticing opportunity for investment and comfortable living. With permissions for a four-story apartment building, it's primed for development. Currently, the owner capitalizes on rental income, leasing the back apartment for $1,750 monthly. Smart amenities like Nest thermostats add modern convenience.The main house boasts a spacious open living area, kitchen, and a first-floor bedroom with a newer full bathroom. Upstairs, two bedrooms offer ample accommodation. An outbuilding also generates $1,200 monthly for storage. The expansive garage, accommodating four (ish) cars, doubles as a workshop or space ripe for conversion into a home business. Beyond its practicality, the property delights with views of the Green Mountains to the east. Many neighboring owners on North Ave have embraced this vista, creating patio areas for enjoyment. Conveniently located, the property offers easy access to amenities and activities. With its multifaceted potential and prime location, this property is poised to fulfill diverse needs and aspirations.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 2
  • Living Area: 3,430 SqFt

Listing Office:

  • Office Name: Four Seasons Sotheby's Int'l Realty
  • Office Phone: (802) 864-0541
  • Listing Agent: Kathleen OBrien

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Auto Open, Driveway, Garage, Paved, Attached, Detached

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Forced Air, Hot Water
  • Cooling: Other

Other

Directions Information:

  • Directions: Take North Ave through Burlington out to the New North End. About a mile past the police station the property is on the right across from the New Complex Cambrian Rise (previously the Burlington College Campus)

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $13,065
  • Tax Year: 2020
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Housing Market Comparison

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

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Burlington, VT

City

Med. Sold Price

$515K

Med. Price/SqFt

$345

# of Sold Homes

18

366 N Ave vs Burlington

12 DAYS ON ROCKET

$675,000

+$160K More

$197/SqFt

-$148 Less

KEY TAKEAWAY

This property is $160K more than the Median Sold Price and $148/SqFt less than other homes in Burlington, VT.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #5024842

Listing Office:

  • Office Name: Four Seasons Sotheby's Int'l Realty
  • Office Phone: (802) 864-0541
  • Listing Agent: Kathleen OBrien

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: 12/30/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 17, 2018Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,065$345,000
2019$9,697$345,000
2018$11,353$420,300
2017$10,892$420,300

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-2213891
3
/10

  • Integrated Arts Academy

  • 6 Archibald St

  • 0.69 miles

  • Public Magnet Grades PK-5

school-card-donut-2213892
5
/10

  • Sustainability Academy

  • 123 North St

  • 0.71 miles

  • Public Magnet Grades PK-5

school-card-donut-2213893
4
/10

  • Edmunds Elementary School

  • 299 Main St

  • 1.46 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,452. The majority of Burlington, VT residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 366 N Ave

What is the listing price of this property?

The listing price of 366 N Ave property is $675,000.

What type of property is this?

The property 366 N Ave is a house located in Burlington, Vermont, 05401.

Is this property for sale now?

Active Listing: 366 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 $13,065 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 17, 2018 for $370,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 366 N Ave has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 366 N Ave is 3,430 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 366 N Ave is 1935.

Rocket Homes›Vermont›Chittenden County›Burlington›05401›366 N Ave

This home is located at 366 N Ave in Burlington, VT and zip code 05401 in the New North End neighborhood. This 3,430 square foot home, which was built in 1935, sits on a 0.30 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $675,000.

Burlington, VT housing market in November 2024 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 10 sold below. In November 2024 in Burlington, VT there were 5.4% less homes for sale than in October 2024.

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

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