NOT LISTED FOR SALE

1211 E Main St Newport, VT 05855

Estimated Value: $485,854

134.05 Acres
$3,624 Price per Acre
5,839,218 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $2,000,000

Current estimated payment $3,062/month

46 Days on Market

Highlights

  • Water Views
  • Hilly Lot
  • High Speed Internet
  • 134.05 Acre Lot
  • Agricultural

About This Lot

As of January 2023

Sprawling contiguous acreage with both open and wooded acreage. Majority currently being used as agricultural fields. Conveniently located and easy access. Great development opportunity. 34.85 acres commercial and balance residential with breath taking lake & mountain views. Property currently enrolled in Vermont's Current Use program

Last Agent to Sell the Property

Stephen Poulin

RE/MAX All Seasons Realty License #082.0063216 Listed on: 08/22/2022

RE/MAX All Seasons Realty

Last Buyer's Agent

Stephen Poulin

RE/MAX All Seasons Realty License #082.0063216 Listed on: 08/22/2022

RE/MAX All Seasons Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,291

Lot Details

  • 134.05 Acre Lot
  • Southwest Facing Home
  • Lot Sloped Up
  • Hilly Lot
  • Property is zoned Newport City

Property Views

  • Water
  • Mountain

Schools

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

Farming

  • Agricultural

Utilities

  • Community Sewer or Septic
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,291

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Intersection at Cumberland Farms, go North; land is on the left.
  • Suitable Use: Agriculture, Commercial, Development Potential, Mixed Use, Residential
  • Exposure: South, West
  • Price Per Sq Ft: 14919.81
  • Property Class: Land
  • Estimated Open Space Percent: 90
  • Remarks Public: Sprawling contiguous acreage with both open and wooded acreage. Majority currently being used as agricultural fields. Conveniently located and easy access. Great development opportunity.34.85 acres commercial and balance residential with breath taking lake & mountain views. Property currently enrolled in Vermont's Current Use program.
  • List Agent: 23288
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Water Body Type: Lake
  • Water Body Name 2: Memphremagog Lake
  • Water View: Yes

Utilities

  • Cable Company: Comcast
  • Electric: On-Site
  • Sewer: Community, Public Sewer At Street, Public Sewer On-Site
  • Water: Community, Public Water - On-Site
  • Electric Company: VEC
  • Phone Company: Fairpoint
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite, Telephone At Site

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Orleans Essex North
  • Elementary School: Newport City Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • Elementary School: Newport City Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 5839218
  • Current Use: Yes
  • Land Gains: To Be Determined
  • Lot Acres: 134.05
  • Lot Description: Agricultural, Field/Pasture, Hilly, Major Road Frontage, Mountain View, Sloping, View, Water View
  • Surveyed: Yes
  • Zoning: Newport City
  • Deed Book: 196
  • Deed Page: 404
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 1291.32
  • Tax Year: 2021

MLS Schools

  • School District: Orleans Essex North
  • School Middle Jr: North Country Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Jan 20, 2023
Sold by
Native-Vest Properties Llc
Bought by
Mystiq Heights Llc
Seller's Agent
Stephen Poulin
RE/MAX All Seasons Realty
Buyer's Agent
Stephen Poulin
RE/MAX All Seasons Realty
List Price
$2,700,000
Sold Price
$2,000,000
Premium/Discount to List
-$700,000
-25.93%
Views
13
Current Estimated Value
$485,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,514,146
Avg. Annual Appreciation
-40.33%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Mystiq Heights Llc $50,000 --
Mystiq Heights Llc $400,000 --
Mystiq Heights Llc $50,000 --
Mystiq Heights Llc $50,000 --
Poulin Grain Inc $1,450,000 --
Mystiq Heights Llc $50,000 --
Mystiq Heights Llc $50,000 --
Poulin Grain Inc $1,450,000 --
Mystiq Heights Llc $400,000 --
Mystiq Heights Llc $50,000 --
Mystiq Heights Llc $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $2,000,000 -25.9% --
10/07/2022 10/07/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $2,700,000 -- --
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 $20,878 $378,500 $378,500 $0
2023 $20,878 $378,500 $378,500 $0
2022 $20,877 $699,900 $699,900 $0
2021 $21,316 $699,900 $699,900 $0
2020 $21,195 $699,900 $699,900 $0
2019 $20,594 $699,900 $699,900 $0
2018 $20,230 $699,900 $699,900 $0
2016 $19,661 $655,200 $655,200 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Stephen Poulin

    RE/MAX

    (802) 323-6132

    7 in this area

    36 Total Sales

    Stephen Poulin
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Map

Source: PrimeMLS

MLS Number: 4926486

PrimeMLS

APN: 435-136-15680

Vermont Orleans County Newport 05855

1211 E Main St, Newport, VT

This home is located at 1211 E Main St, Newport, VT 05855 since 22 August 2022 and is currently estimated at $485,854. 1211 E Main St is a home located in Orleans County with nearby schools including Newport City Elementary School, North Country Union Junior High School, and North Country Union High School.

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