NOT LISTED FOR SALE

1885 Lake Rd Newport, VT 05855

Estimated Value: $152,724 - $241,000

10.02 Acres
$18,880 Price per Acre
436,471 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $140,000

Est. 35% increase in value since last sale

Current estimated payment $1,180/month

Highlights

  • Lake View
  • Orchard
  • High Speed Internet
  • 10.02 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of July 2023

Beautiful 10 Acre open and wooded lot overlooking Lake Memphremagog with a mature mix of maples and various species of trees. Small sugar house, 2 accesses into the property, close to Newport and perc tested for septic. This property has great potential!

Last Agent to Sell the Property

James Campbell

Jim Campbell Real Estate License #081.0003563 Listed on: 07/31/2023

Last Buyer's Agent

James Campbell

Jim Campbell Real Estate License #081.0003563 Listed on: 07/31/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,121

Lot Details

  • 10.02 Acre Lot
  • Level Lot
  • Open Lot
  • Orchard
  • Wooded Lot
  • Property is zoned Newport

Schools

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

Utilities

  • Well Required
  • Septic Needed
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Lake Views
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$2,121

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Go North on Lake Rd. Property is on the left just after Campbell Rd.
  • Price Per Sq Ft: 13972.06
  • Property Class: Land
  • Remarks Public: Beautiful 10 Acre open and wooded lot overlooking Lake Memphremagog with a mature mix of maples and various species of trees. Small sugar house, 2 accesses into the property, close to Newport and perc tested for septic. This property has great potential!
  • List Agent: 22523
  • 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: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Easements: Yes

Utilities

  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Water: On-Site Well Needed
  • Utilities: Cable - Available, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: North Country Supervisory Union
  • 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: 436471
  • Lot Acres: 10.02
  • Lot Description: Lake View, Level, Open, Orchards, Sloping, Wooded
  • Surveyed: Unknown
  • Zoning: Newport
  • Total Lots: 1
  • Deed Book: 243
  • Deed Page: 199-201
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2022-23
  • Tax Gross Amount: 2120.76
  • 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
Jul 31, 2023
Closed on
Jul 31, 2023
Sold by
Malik Zubaer M
Bought by
Monty Trevor
Seller's Agent
James Campbell
Jim Campbell Real Estate
Buyer's Agent
James Campbell
Jim Campbell Real Estate
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%
Views
2
Current Estimated Value
$189,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,181
Avg. Annual Appreciation
14.59%

Purchase Details

Listed on
Jan 18, 2018
Closed on
Aug 24, 2018
Sold by
Leblond Benoit C and Leblond Rosalie
Bought by
Malik Zubaer M
Seller's Agent
Michael Conley
Conley Country Real Estate & Insurance
Buyer's Agent
James Campbell
Jim Campbell Real Estate
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Jun 16, 2014
Sold by
Leblond Benoit and Leblond Rosalie
Bought by
Leblond Family Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Monty Trevor $140,000 --
Monty Trevor $140,000 --
Malik Zubaer M -- --
Malik Zubaer M -- --
Leblond Family Revocable Living Trust -- --
Leblond Family Revocable Living Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $140,000 -11.9% --
07/31/2023 07/31/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $159,000 +76.7% --
08/24/2018 08/24/18 Sold $90,000 -18.2% -- View Prior Sale
07/30/2018 07/30/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $110,000 -- --
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 $2,121 $71,100 $66,900 $4,200
2023 $2,121 $71,100 $66,900 $4,200
2022 $2,121 $71,100 $66,900 $4,200
2021 $2,165 $71,100 $66,900 $4,200
2020 $2,153 $71,100 $66,900 $4,200
2019 $2,092 $71,100 $66,900 $4,200
2018 $2,055 $71,100 $66,900 $4,200
2016 $843 $28,100 $25,200 $2,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4963530

PrimeMLS

APN: 435-136-15326