4 months on rocket

13 Lakeview Ter, Burlington, VT, 05401

$1,600,000

0.08 Acres
$1,013/SqFt
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingDriveway, Off Street
Year Built1899
HeatingForced Air
CoolingNone
BasementYes
ViewLake
MLS #4965053
Lot Size0.08 Acres
StatusActive

About 13 Lakeview Ter

Once in a lifetime opportunity to own a fantastic property nestled along the tranquil shores of Lake Champlain! This captivating residence offers an unparalleled blend of elegance, comfort, and natural beauty. Boasting panoramic views of the glistening waters and surrounding mountains, this lakeside retreat presents an exceptional opportunity for those seeking a harmonious blend of modern luxury and idyllic serenity. Not only can you enjoy the beautiful lake, but you're walking distance to Downtown Burlington, Battery Park, shopping, restaurants, breweries, shopping, entertainment and more! With two units, this is the perfect opportunity to occupy one (either year round or as a seasonal retreat!) and rent the other, or rent both for a sensational portfolio boost! This property is currently in use as a highly sought after AirBnB with fantastic income potential! Don't miss your chance to own this exceptional lakeside residence!

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Living Area: 1,579 SqFt

Listing Office:

  • Office Name: Signature Properties of Vermont
  • Office Phone: (802) 872-8881
  • Listing Agent: Hank Gintof Jr.

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood

Exterior Features

Exterior Information:

  • View: Lake
  • Exterior: Balcony, Deck, Porch, Porch - Covered

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From North Avenue Left onto Haswell Street then straight ahead

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $1,013/SqFt

Tax Information:

  • Annual Amount: $13,084
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$525K

Med. Price/SqFt

$324

# of Sold Homes

21

13 Lakeview Ter vs Burlington

121 DAYS ON ROCKET

$1,600,000

+$1.0M More

$1,013/SqFt

+$688 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $688/SqFt more than other homes in Burlington, VT.

Based on homes sold in November 2023

MLS Details

MLS Information:

  • MLS Number: #4965053

Listing Office:

  • Office Name: Signature Properties of Vermont
  • Office Phone: (802) 872-8881
  • Listing Agent: Hank Gintof Jr.

IDX© Copyright 2023 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: 12/10/2023, 7:20:40 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$13,084$405,700
2019$11,570$405,700
2018$11,071$405,700
2017$10,617$405,700

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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-2366710
5
/10
  • Sustainability Academy At Lawrence Barnes

  • 123 North St

  • 0.33 miles

  • Public Magnet Grades PK-5

school-card-donut-2366711
3
/10
  • Integrated Arts Academy At H. O. Wheeler

  • 6 Archibald St

  • 0.54 miles

  • Public Magnet Grades PK-5

school-card-donut-2366712
4
/10
  • Edmunds Elementary School

  • 299 Main St

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. The majority of Burlington, VT residents have income between $35k-100k annually. 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

Living In Old North End, Burlington

What type of housing is available in Old North End, Burlington?

Small apartment buildings are the most common housing type, representing about half of dwellings in Old North End, while large apartment buildings, duplexes, and single detached homes make up most of the remaining housing stock. This neighborhood also has a good choice of housing sizes - it is quite easy to find properties ranging from lofts to four or more bedrooms. About 85% of the population of this neighborhood rent their home whereas owners make up the remainder. A majority of the housing growth in this neighborhood happened prior to the 1960s.

Is Old North End, Burlington a good place to live?

Most areas in Old North End are quiet, as the streets are generally reasonably tranquil - however some parts can be quite loud, especially close to one of the railway lines. Although this neighborhood is not known for its lively ambience, its busier streets are still quite dynamic.

Are things conveniently located in Old North End, Burlington?

It is very convenient to get to the nearest grocery store by walking in Old North End. Additionally, those who like to dine in restaurants or cafes will have a good number of options in this area. When it comes to education, primary schools are straightforward to reach on foot from any location in this neighborhood. On the other hand, Old North End does not contain any high schools.

What does the transportation in Old North End, Burlington look like?

Old North End is a fairly convenient area for pedestrians; many daily needs can be met without the use of a vehicle. The public transit service in this neighborhood is not very frequent. Nonetheless, the neighborhood is linked by around 20 bus lines, and most properties are very close to a bus stop. In contrast, cars are a fairly good transportation option in Old North End. It is convenient to find a parking spot.

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Frequently Asked Questions About 13 Lakeview Ter

What is the listing price of this property?

The listing price of 13 Lakeview Ter property is $1,600,000.

What type of property is this?

The property 13 Lakeview Ter is land located in Burlington, Vermont, 05401.

Is this property for sale now?

Active Listing: 13 Lakeview Ter 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 $13,084 (source: MLS/based on county public records data).

How much acreage is this property?

The property 13 Lakeview Ter is 0.08 acres.
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Rocket Homes›Vermont›Chittenden County›Burlington›05401›13 Lakeview Ter

This home is located at 13 Lakeview Ter in Burlington, VT and zip code 05401 in the Old North End neighborhood. This 1,579 square foot home, which was built in 1899, sits on a 0.08 acre lot. It has been listed on Rocket Homes since August 10, 2023 and is currently priced at $1,600,000.

While more than 12 listings in Burlington, VT in November 2023 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The number of listings in Burlington, VT decreased by 3.3% between October 2023 and November 2023.

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

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