45 East Terrace

45 East Terrace

South Burlington, VT 05403

$585,000
Price
4
Beds
3
Baths
2,286 Sq. Ft.
$256 / Sq. Ft.
2,286
Sq. Ft.
$256
per Sq. Ft.

Under Contract

Under Contract

Description

Outstanding investment opportunity awaits! 45 East Terrace is a spacious 4 bedroom plus den, 3 bath home in a sought after South Burlington location. The property is currently being used as a rental property. This is a great opportunity to continue as an investment, or convert to a single family home at the culmination of the current Lease! The upper level offers an open floor plan, with the kitchen overlooking both the dining and living rooms. A large sunroom, with deck access, is located just off...Outstanding investment opportunity awaits! 45 East Terrace is a spacious 4 bedroom plus den, 3 bath home in a sought after South Burlington location. The property is currently being used as a rental property. This is a great opportunity to continue as an investment, or convert to a single family home at the culmination of the current Lease! The upper level offers an open floor plan, with the kitchen overlooking both the dining and living rooms. A large sunroom, with deck access, is located just off the kitchen. 3 bedrooms are found on the main level, in addition to a full and 3/4 bath. The lower level has an additional large bedroom with egress window, family room, an additional room for a den/office and another 3/4 bath. This floor also has a spacious laundry room with washer and dryer with an adjacent entrance. The property sits on .26 acres with a well maintained yard that is partially fenced, a storage shed, gardening space and a large exterior deck for entertaining! 45 East Terrace is close to UVM, the Medical Center, Staples Plaza, University Mall and Burlington Tennis Club. The current Lease is in place until May 27, 2025. Renters pay $5,000/month plus all utilities (gas, electric, water, trash, internet). Further lease details available upon request.
  1. Listed by Kendra Kenney • Pomerleau Real Estate

Property Details for 45 East Terrace

Parking
Driveway, Paved
Water View
No
Waterfront Property
No
Zoning
Residential

Location

Listing Courtesy of Pomerleau Real Estate
Add your commute
LISTING UPDATED: 04/29/2024 05:14 PM

Property Details for 45 East Terrace

StatusUnder Contract
MLS #4990943
Days on Market19
Taxes$8,316 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1950
Lot Size0.26 AC / 11,325 SF
CountyChittenden County

Location

Listing Courtesy of Pomerleau Real Estate
Add your commute

Building Information for 45 East Terrace

Stories2Year Built1950Building Size-Lot Size0.26 AC / 11,325 SF

Payment Calculator

$3,886 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,193

Property Taxes

$693

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 45 East Terrace

Summary
Location and General Information
  • City: South Burlington
  • County: VT-Chittenden
  • Latitude: 44.467093480899798
  • Longitude: -73.190481778526305
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Terrace
  • Zip Code: 05403
Taxes and HOA Information
  • SPAN Number: 600-188-11253
  • Tax - Gross Amount: $8,316.00
  • Tax Year: 2023
  • Taxes TBD: No
School Information
  • School - High: South Burlington High School
  • School - District: South Burlington Sch Distict
  • School - Elementary: Orchard Elementary School
  • School - Middle/Jr: Frederick H. Tuttle Middle Sch
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 11326.0
  • Lot Features: Interior Lot
  • Lot Size Acres: 0.26
  • Road Frontage Length: 50.0
  • Square Feet Apx Finished Above Grade: 2286.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 2286.0
  • Square Feet Apx Total Finished: 2286.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 0.0
  • Water Body Access: No
Property and Assessments
  • Property Class: Residential
  • Property Type: Single Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1950
Utilities
  • Electric Company: Green Mt Power
  • Cable Company: Comcast
  • Fuel Company: Vt Gas
  • Electric: On-Site
  • Sewer: Community
  • Water Source: Community
  • Utilities: Cable
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Cedar Exterior
  • Roads: Paved
  • Roof: Membrane
Interior Features
  • Appliances: Cooktop - Electric, Dishwasher, Dryer, Refrigerator, Washer, Water Heater - Electric
  • Basement: No
  • Baths - Total: 3
  • Baths - Full: 1
  • Half Baths: 0
  • One Quarter Baths: 0
  • Three Quarter Bath: 2
  • Rooms - Total: 8
  • Bedrooms - Total: 4
  • Equipment: CO Detector
  • Heat Fuel: Gas - Natural
  • Heating: Baseboard
  • Cooling: None
  • Total Stories: 2
Rental
Rent Information
  • Rented: Yes

Property History for 45 East Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 45 East Terrace

Taxable ValueLand$117,600Additions$300,800Total$418,400
Tax Record2020$6,970 ($581 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,386 SqFtAbove Grade Finished SqFt1,386 SqFtUnfinished Basement SqFt250 SqFtStories2Lot Size11,326 SqFtStyleSingle Family ResidenceYear Built1967CountyCHITTENDENAPN(188) 0610-00045Fireplace TypeHas Fireplace

Schools near 45 East Terrace

This home is within South Burlington School District.
Rating
School
Type
Grades
Distance
Rick Marcotte Central School
Public - PK to 5
Frederick H. Tuttle Middle School
Public - 6 to 8
South Burlington High School
Public - 9 to 12
Chamberlin School
Public - PK to 5
Rating
School
Distance
Rick Marcotte Central School
PublicPK to 5

Frederick H. Tuttle Middle School
Public6 to 8

South Burlington High School
Public9 to 12

Chamberlin School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pomerleau Real Estate

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. Data last updated 04/29/2024 04:05 PM