NOT LISTED FOR SALE

103 Vance Hill Rd Newport Center, VT 05857

Estimated Value: $208,000 - $223,194

3 Beds
3 Baths
2,472 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $200,000 $81 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,454/month

37 Days on Market

Highlights

  • Forced Air Heating System
  • Trails
  • High Speed Internet

About This Home

As of November 2023

Investment opportunity!!! fully rented with yearly leases. Tenants pay heat and electric as well as internet etc. Excellent location for easy access to Newport City or Jay Peak Resort. Solid Investment Opportunity!!!! Tired of the ups and downs of the stock market? This is an alternative. Three 1 BR/1 BA units in this multi-family home that underwent substantial renovations just a few years ago. Property is in great condition and solid! Really great building with solid rental history; a sound investment! Could also be owner occupied with TWO rental incomes to support the mortgage! Great income and min overhead, great combination. Lyell Reed is listing agent at Century 21 Farm & Forest realty

Last Agent to Sell the Property

Lyell Reed

Century 21 Farm & Forest License #082.0005832 Listed on: 09/11/2023

Century 21 Farm & Forest

Last Buyer's Agent

Tina Leblond

Big Bear Real Estate License #081.0002638

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Block Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1.5-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Parking

  • 4 Car Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • On-Site Parking
  • Assigned Parking

Schools

  • Newport Center Elementary School
  • North Country Junior High
  • North Country Union High Sch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Propane
  • Gas Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Recreation

  • Trails

Additional Features

  • 3 Units
  • Gross Income $2,170

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,185

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From center of town take Vance Hill Rd will be on your left almost directly across from Town Office
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 80.91
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3836
  • Sq Ft - Apx Total Finished: 2472
  • Year Built: 1925
  • Remarks Public: Investment opportunity!!! fully rented with yearly leases. Tenants pay heat and electric as well as internet etc. Excellent location for easy access to Newport City or Jay Peak Resort. Solid Investment Opportunity!!!! Tired of the ups and downs of the stock market? This is an alternative. Three 1 BR/1 BA units in this multi-family home that underwent substantial renovations just a few years ago. Property is in great condition and solid! Really great building with solid rental history; a sound investment! Could also be owner occupied with TWO rental incomes to support the mortgage! Great income and min overhead, great combination.
  • List Agent: 22556
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 9
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Concrete Floor, Full, Stairs - Exterior, Unfinished
  • Sq Ft - Apx Finished AG: 2472
  • Sq Ft - Apx Unfinished BG: 1364

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Vinyl Siding
  • Foundation: Block, Concrete, Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Assigned, Driveway, On-Site, Parking Spaces 4

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air, Gas Heater, Gas Heater - Vented, Hot Air
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - Available, Dsl - Available, Gas - Lp/Bottle, Gas - On-Site, High Speed Intrnt -Atsite, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: North Country Supervisory Union
  • Elementary School: Newport Center Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • Elementary School: Newport Center Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 5227
  • Lot Acres: 0.12
  • Lot Description: City Lot, Trail/Near Trail
  • Surveyed: Unknown
  • Zoning: yes
  • Deed Book: 43
  • Deed Page: 252
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 2170
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 2185
  • Tax Year: 2023

MLS Schools

  • School District: North Country Supervisory Union
  • School Middle Jr: North Country Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Nov 29, 2023
Sold by
Ranaldi Geno
Bought by
Crowe'S Ridge Rental Llc
Seller's Agent
Lyell Reed
Century 21 Farm & Forest
Buyer's Agent
Tina Leblond
Big Bear Real Estate
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Views
27
Current Estimated Value
$229,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,789
Avg. Annual Appreciation
7.43%

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 17, 2023
Sold by
Fairchild Joseph and Fairchild Susan
Bought by
Renaldi Geno
Seller's Agent
Lyell Reed
Century 21 Farm & Forest
Buyer's Agent
Lyell Reed
Century 21 Farm & Forest
List Price
$169,900
Sold Price
$161,500
Premium/Discount to List
-$8,400
-4.94%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.86%

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 12, 2020
Sold by
103 Vance Hill Road Llc
Bought by
Fairchild Joseph A and Fairchild Susan O
Seller's Agent
Michael Conley
Conley Country Real Estate & Insurance
Buyer's Agent
Lyell Reed
Century 21 Farm & Forest
List Price
$139,900
Sold Price
$129,000
Premium/Discount to List
-$10,900
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 9, 2018
Sold by
Not Provided
Bought by
103 Vance Hill Rd Llc
Seller's Agent
Ryan Pronto
Jim Campbell Real Estate
Buyer's Agent
Ryan Pronto
Jim Campbell Real Estate
List Price
$115,000
Sold Price
$112,500
Premium/Discount to List
-$2,500
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
May 27, 2014
Sold by
Arkley Robert E and Arkley Kelli A
Bought by
Spates Family Llc

Purchase Details

Closed on
Oct 28, 2010
Sold by
Naramore Robert S and Naramore Regina A
Bought by
Arkley Robert E and Arkley Kelli
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Crowe'S Ridge Rental Llc $200,000 --
Crowe'S Ridge Rental Llc $200,000 --
Renaldi Geno $161,500 --
Renaldi Geno $161,500 --
Fairchild Joseph A $129,000 --
Fairchild Joseph A $129,000 --
103 Vance Hill Rd Llc -- --
103 Vance Hill Rd Llc -- --
Spates Family Llc $50,000 --
Spates Family Llc $50,000 --
Arkley Robert E $90,000 --
Arkley Robert E $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $200,000 -9.1% $81 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $220,000 +36.2% $89 / Sq Ft
01/17/2023 01/17/23 Sold $161,500 -4.9% $65 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $169,900 +31.7% $69 / Sq Ft
08/13/2020 08/13/20 Sold $129,000 -7.8% $67 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $139,900 +24.4% $73 / Sq Ft
08/09/2018 08/09/18 Sold $112,500 -2.2% $46 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $115,000 -- $47 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,357 $103,800 $11,200 $92,600
2023 $2,038 $103,800 $11,200 $92,600
2022 $2,037 $103,800 $11,200 $92,600
2021 $2,140 $103,800 $11,200 $92,600
2020 $2,123 $103,800 $11,200 $92,600
2019 $2,073 $103,800 $11,200 $92,600
2018 $1,825 $93,500 $11,200 $82,300
2016 $1,723 $93,500 $11,200 $82,300
Source: Public Records

Agents Affiliated with this Home

  • Lyell Reed

    Seller's Agent in 2023

    Lyell Reed

    Century 21 Farm & Forest

    (802) 334-5897

    12 in this area

    96 Total Sales

    Section Image
  • Tina Leblond

    Buyer's Agent in 2023

    Tina Leblond

    Big Bear Real Estate

    (802) 598-1458

    25 in this area

    154 Total Sales

    Section Image
  • Michael Conley

    Seller's Agent in 2020

    Michael Conley

    Conley Country Real Estate & Insurance

    (802) 578-8074

    9 in this area

    137 Total Sales

    Section Image
  • Ryan Pronto

    Seller's Agent in 2018

    Ryan Pronto

    Jim Campbell Real Estate

    (802) 274-9149

    34 in this area

    426 Total Sales

    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4969429

PrimeMLS

APN: 438-137-10091

Vermont Orleans County Newport Center 05857

103 Vance Hill Rd, Newport Center, VT

This home is located at 103 Vance Hill Rd, Newport Center, VT 05857 since 11 September 2023 and is currently estimated at $216,799, approximately $87 per square foot. This property was built in 1925. 103 Vance Hill Rd is a home located in Orleans County with nearby schools including Newport Town School, North Country Union Junior High School, and North Country Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 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.

Nearby Homes