NOT LISTED FOR SALE

241 Indian Point St Newport, VT 05855

Estimated Value: $505,845

9 Beds
11 Baths
7,354 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $330,000 $45 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,504/month

277 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • High Speed Internet
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of August 2019

A great investment property in Newport, VT. Includes 8 apartments and 2 commercial spaces on Newport's East Side with over 7,000 sq. ft. of finished space. Every unit has a washer and dryer hookup. Apartments are all rented. Good solid income and well-maintained. The numbers work with this property. Available to show with proper notice.

Last Agent to Sell the Property

James Campbell

Jim Campbell Real Estate License #081.0003563 Listed on: 08/10/2018

Last Buyer's Agent

James Campbell

Jim Campbell Real Estate License #081.0003563 Listed on: 08/10/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 0.39 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 11 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 10 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: Go left on Elm Street to the end from Sias Ave., then straight ahead is the Commercial/Apartment building.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 44.87
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 12421
  • Sq Ft - Apx Total Finished: 7354
  • Year Built: 1898
  • List Agent: 22523
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 7354
  • Sq Ft - Apx Unfinished AG: 832
  • Sq Ft - Apx Unfinished BG: 4235

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete, Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Description: Auto Open
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Direct Vent, Hot Air
  • Cooling: Central AC, Individual
  • Total Electric Meters: 7
  • Total Heat Units: 3
  • Total Ranges: 8
  • Total Refrigerators: 8
  • Utilities: Cable, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 16988
  • Lot Acres: 0.39
  • Lot Description: City Lot, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: UR
  • Deed Book: 189
  • Deed Page: 156-
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2017-2018
  • Tax Gross Amount: 9208.94
  • Tax Year: 2018

Multi Family

  • Total Full Baths: 11
  • Total Units: 10
  • Total1 Bedroom Units: 6
  • Total2 Bedroom Units: 2

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $330,000 -8.1% $45 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
08/10/2018 08/10/18 For Sale $359,000 -- $49 / 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 $10,121 $339,300 $55,600 $283,700
2023 $10,121 $339,300 $55,600 $283,700
2022 $10,121 $339,300 $55,600 $283,700
2021 $10,334 $339,300 $55,600 $283,700
2020 $10,275 $339,300 $55,600 $283,700
2019 $9,984 $339,300 $55,600 $283,700
2018 $9,807 $339,300 $55,600 $283,700
2016 $8,831 $294,300 $27,700 $266,600
Source: Public Records

Agents Affiliated with this Home

  • James Campbell

    Seller's Agent in 2019

    James Campbell

    Jim Campbell Real Estate

    (802) 999-7781

    34 in this area

    147 Total Sales

    James Campbell
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Map

Source: PrimeMLS

MLS Number: 4712187

PrimeMLS

APN: 435-136-15588

Vermont Orleans County Newport 05855

241 Indian Point St, Newport, VT

Not Listed for Sale

MultiFamily

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