14 days on rocket

Sale Pending

366 N Ave, Burlington, VT, 05401

$695,000

0.30 Acres
$158/SqFt
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAuto Open, Driveway, Garage, On-Site, Parking Spaces 6+, RV Access/Parking, Underground
Garage4 spaces
Year Built1935
HeatingBaseboard, Forced Air
CoolingCentral Air, Other
BasementYes
MLS #4994041
Lot Size0.30 Acres
StatusSale Pending
(Under Contract)

About 366 N Ave

New zoning regulations in Burlington place this in the RC zone. Allowing now for a four story apartment building to be built. Great opportunity to live and have income from the accessory apartment and storage building! Currently the owner is renting the main house for $3,500 per month. Smart and substantial improvements have been made - finishing the lower level, new gas fireplace inserts, added radon mitigation in the lower level, updated heating system, new washer/dryer, new interior paint, Nest thermostats and much more. The apartment has new kitchen cabinets, appliances and flooring. A well maintained property. The main house has a large open living room/kitchen with first floor bedroom & newer full bathroom. Lots of great living space throughout with additional spaces for office or den. The second level of the main house has 2 bedrooms. The accessory studio apartment on the back of the building is in great shape & could rent for $2,000 per month. The outbuilding rents at $1,200 per month for storage. The garage underneath the building is huge & can hold 4 cars - a space that could be renovated for an in home business. Currently being used as a workshop. The lot has views to east to the Green Mountains. Many owners on North Ave have created a patio area to enjoy the views. Lots of options on this property. Close to everything!

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 2
  • Living Area: 4,394 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
  • Flooring Type: Carpet, Hardwood, Tile

Exterior Features

Exterior Information:

  • Exterior: Outbuilding, Porch - Covered

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Auto Open, Driveway, Garage, On-Site, Parking Spaces 6+, RV Access/Parking, Underground

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air, 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: $695,000
  • Price Per SqFt: $158/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.

Med. List Price

$512K

Med. Price/SqFt

$363

Avg. Days On Market

40

# of Sold Homes

10

366 N Ave vs Burlington

14 DAYS ON ROCKET

-26 Days

$695,000

+$183K More

$158/SqFt

-$206 Less

KEY TAKEAWAY

This property is $183K more than the Median List Price and $206/SqFt less than other homes in Burlington, VT.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #4994041

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 display 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: 5/18/2024, 3:20:35 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

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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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-3335695
5
/10
  • Sustainability Academy At Lawrence Barnes

  • 123 North St

  • 0.70 miles

  • Public Magnet Grades PK-5

school-card-donut-3335696
3
/10
  • Integrated Arts Academy At H. O. Wheeler

  • 6 Archibald St

  • 0.70 miles

  • Public Magnet Grades PK-5

school-card-donut-3335697
4
/10
  • Edmunds Elementary School

  • 299 Main St

  • 1.46 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,452. The most common annual income of people living in Burlington, VT is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

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 $695,000.

What type of property is this?

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

Is this property for sale now?

Sale Pending: 366 N Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

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 much acreage is this property?

The property 366 N Ave is 0.30 acres.
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Rocket HomesVermontChittenden CountyBurlington05401366 N Ave

This home is located at 366 N Ave in Burlington, VT and zip code 05401 in the New North End neighborhood. This 4,394 square foot home, which was built in 1935, sits on a 0.30 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $695,000.

The inventory of homes for sale in Burlington, VT between March 2024 and April 2024 increased by 180%. While the average time on the market in April 2024 was 40 days, the median list price was $512,000.

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

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