40 College Street, #413, Burlington, VT, 05401 | $849,700

The best of city living overlooking Lake Champlain and conveniently located in the heart of Burlington where you are near the waterfront, shopping, restaurants, the Church Street Market Place and cultural activities. This luxury, end row condo offers a great open floor plan with a kitchen that will delight the chef of your home. The kitchen offers a breakfast bar, granite counters and stainless appliances. The cozy den offers built in cabinetry and is open to the formal dining room and the spacious living room. The living room has a curved wall of windows to enjoy your view and access to a private balcony with lovely lake views. Beautiful Brazilian Cherry hardwood flooring throughout. The primary bedroom features a walk in closet with custom built-ins and a private full bath with new glass door. The second bedroom offers a large double closet, a bath with pedestal sink, new shelving & medicine cabinet, and a new shower door. There is a new stackable washer and dryer. A welcoming foyer with double closet and beautiful stained glass above the front door. There is a secure lobby with an elevator and this unit has two parking spaces – one covered and one on the roof - and there is locked storage in the basement. You will love being near everything right out your door and enjoy the bike paths Lake Champlain, all the festivities at Waterfront Park and the convenience to UVM, the Medical Center and I-89.

Features

  • Parking: Assigned,Garage,Parking Spaces 2,Covered
  • Heating: Electric,Heat Pump,In Ceiling
  • Cooling: Central AC
  • Amenities: Building Maintenance,Master Insurance,Storage - Indoor,Landscaping,Common Heating/Cooling,Elevator,Snow Removal,Trash Removal
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 1 full / 1 three-quarter
  • Complex: College and Battery
  • Year Built: 1997
  • Approx Sq. Feet: 1,423
  • Est. Taxes: $12,090
  • Lot Desc: City Lot,Condo Development,Lake View,Landscaped,Mountain View,Sidewalks,Street Lights,Trail/Near Trail,View,Walking Trails,Water View
  • Elem. School: Assigned
  • Middle School: Assigned
  • High School: Burlington High School
  • School District: Burlington School District
  • MLS#: 4996039
  • Website: https://www.raveis.com
    /prop/4996039/40collegestreet_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 6/27/2024
Listing courtesy of Coldwell Banker Hickok and Boardman   Phone: 802-863-1500
Listing Agent: Lipkin Audette Team

William Raveis Family of Services

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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40 College Street, #413, Burlington, VT, 05401

$849,700

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $679,760 $679,760 $679,760
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.486% 6.307%
Monthly Tax Payment $1,008 $1,008 $1,008
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,967 $4,241 $5,782
Total Monthly Payment $5,067 $5,341 $6,882

* 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.