147 Locust Terrace, Burlington, VT, 05401 | $689,000

Ideally located in the heart of Burlington's sought-after South End, adjacent to the desirable 5 Sisters neighborhood and Calahan Park, and close to coffee shops, breweries, restaurants, the lake, City Market, Hula, the Farmer's Market, and the bike path, this thoughtfully renovated home is a rare find! Nestled on a . 15-acre lot with a fully-fenced backyard, the home has been lovingly renovated over the last 8 years to blend original charm with more modern finishes. Enter the home through the recently re-built front porch into an open living/dining area with gas stove, hardwood floors, and a bright, tastefully renovated kitchen with breakfast bar, open shelving, stainless appliances, and beautiful honed quartz counters. A 4-season porch with bamboo floors spans the rear of the home and can serve a variety of uses, with sliding barn doors to partition the area into two, if desired. Convenient first floor bedroom and full bath, in addition to the two additional bedrooms, office, and renovated full bathroom upstairs. Tasteful finishes throughout include updated lighting fixtures, fun tile flooring, soothing neutral paint colors throughout, exposed brick, and more! The fully-fenced backyard with raised garden beds and stone patio feels like a private oasis and is the perfect spot for outdoor grilling and gathering with friends. Enjoy the convenience of Burlington's South End with easy access to downtown and I-89 from this wonderful location.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Cape
  • Year Built: 1940
  • Garage: 1-car Garage
  • Heating: Hot Air,Stove - Gas
  • Cooling: None
  • Basement: Interior Access,Sump Pump,Unfinished
  • Approx Sq. Feet: 1,561
  • Acreage: 0.15
  • Est. Taxes: $9,129
  • Lot Desc: Level
  • Elem. School: Assigned
  • Middle School: Edmunds Middle School
  • High School: Burlington High School
  • School District: Burlington School District
  • MLS#: 5001757
  • Website: https://www.raveis.com
    /prop/5001757/147locustterrace_burlington_vt?source=qrflyer
©2024 New England Real Estate Network, 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 PrimMLS. 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 7/5/2024
Listing courtesy of Coldwell Banker Hickok and Boardman   Phone: 802-863-1500
Listing Agent: Jamie Wright

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

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147 Locust Terrace, Burlington, VT, 05401

$689,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $551,200 $551,200 $551,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.159% 6.538%
Monthly Tax Payment $761 $761 $761
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,714 $3,663 $4,726
Total Monthly Payment $4,567 $4,516 $5,579

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.