NOT LISTED FOR SALE

2637 Farrar Rd Unit 4 Newport Center, VT 05857

Estimated Value: $129,000 - $152,302

2 Beds
1 Bath
902 Sq Ft
10 Acres

Last Sold January 26, 2024

Last sale price $129,500 $144 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $831/month

Highlights

  • 10 Acre Lot
  • Deck
  • End Unit
  • Mountain View
  • Pond
  • Ground Level Unit

About This Home

As of April 2024

Two bedroom condo on 10 acres of land. Mountain views. Pond on site where you can relax and enjoy the quiet and beauty of the landscape. Unit also has a deck off the living room for peaceful enjoyment. Laundry room available for use. Close to recreational area of Jay Peak and area lakes. City of Newport 10 miles away with I-91 access, and many more amenities. Security system on site.

Last Agent to Rent the Property

Deb McCormick

RE/MAX All Seasons Realty License #081.0134066 Listed on: 01/29/2024

RE/MAX All Seasons Realty

Last Renter's Agent

Deb McCormick

RE/MAX All Seasons Realty License #081.0134066 Listed on: 01/29/2024

RE/MAX All Seasons Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $718

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • Landscaped
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 902 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mountain Views
  • Finished Basement
  • Interior Basement Entry
  • Home Security System

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Gravel Driveway
  • Shared Driveway
  • Unassigned Parking

Outdoor Features

  • Pond
  • Deck

Location

  • Ground Level Unit

Utilities

  • Heating System Uses Gas
  • Shared Water Source
  • Drilled Well
  • Septic Tank
  • Shared Sewer
  • Leach Field
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for electric, heat, internet service
  • Rent includes landscaping, plowing, sewer, trash, water

Community Details

Overview

  • Master Insurance
  • Bear Mountain Condominium Condos

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Snow Removal

Security

  • Security Service
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$718

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Lease Term: Annual
  • Rental Amount Frequency: Monthly
  • Rent Includes: Landscaping, Plowing, Sewer, Trash, Water
  • Tenant Pays: Electric, Heat, Internet Service
  • Price Rented: 1275

Listing Details

  • Status Detail: Leased
  • Directions: Take Route 105 in Newport Center. Turn on to Bear Mountain Rd. From Bear Mountain Rd, bear right on to Farrar Rd. Bear Mountain Condominiums in on your right.
  • Units per Building: 8
  • Construction: Existing
  • Total Stories: 2
  • Property Class: Rental
  • Property Type: Condo
  • Year Built: 1981
  • Remarks Public: Two bedroom condo on 10 acres of land. Mountain views. Pond on site where you can relax and enjoy the quiet and beauty of the landscape. Unit also has a deck off the living room for peaceful enjoyment. Laundry room available for use. Close to recreational area of Jay Peak and area lakes. City of Newport 10 miles away with I-91 access, and many more amenities. Security system on site.
  • List Agent: 282192
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Satellite Internet
  • Architectural Style: End Unit, Ground Floor
  • ResoLotFeatures: Condo Development, Country Setting, Landscaped, Mountain View, Open, Pond, Sloping, View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove - Gas, Water Heater - Electric
  • Equipment: CO Detector, Satellite Dish, Security System, Smoke Detector
  • Features Interior: Ceiling Fan
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Finished
  • Sq Ft - Apx Finished AG: 902
  • Sq Ft - Apx Total: 902
  • Sq Ft - Apx Total Finished: 902

Exterior Features

  • Driveway: Common/Shared, Gravel
  • Foundation: Concrete
  • Roads: Gravel, Public, Unpaved
  • Roof: Metal
  • Features Exterior: Deck
  • Construction Type: Wood Frame, Vinyl Exterior

Garage/Parking

  • Parking: Parking Spaces 1, Unassigned

Utilities

  • Cable Company: Consolidated
  • Electric: Circuit Breaker(s)
  • Fuel Company: Freds Energy
  • Sewer: 1500+ Gallon, Leach Field, Shared
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Direct Vent
  • Electric Company: Vt Electric Co-op
  • Utilities: Satellite
  • Water Source: Drilled Well, Shared

Condo/Co-op/Association

  • Condo Name: Bear Mountain Condominium
  • Association Amenities: Master Insurance, Security, Snow Removal, Landscaping, Common Acreage, Storage - Indoor, Trash Removal

Lot Info

  • Lot Sq Ft: 435600
  • Lot Acres: 10
  • Unit/Lot Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 26, 2024
Sold by
Kron James and Kron Kristen H
Bought by
Blake Justin
Seller's Agent
Ryan Pronto
Jim Campbell Real Estate
Buyer's Agent
Rosemary Lalime
RE/MAX All Seasons Realty
List Price
$129,500
Sold Price
$129,500
Views
33
Current Estimated Value
$144,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,076
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 8, 2022
Sold by
Webster Vera
Bought by
Kron James C and Kron Kristen H
Seller's Agent
Ryan Pronto
Jim Campbell Real Estate
Buyer's Agent
Ryan Pronto
Jim Campbell Real Estate
List Price
$118,500
Sold Price
$115,000
Premium/Discount to List
-$3,500
-2.95%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Pound Thomas O
Bought by
Webster Vera M
Source: Public Records

Range of Values:

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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
Blake Justin $129,500 --
Blake Justin $129,500 --
Kron James C $115,000 --
Kron James C $115,000 --
Webster Vera M $58,500 --
Webster Vera M $58,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Rented $1,275 0.0% --
04/01/2024 04/01/24 Price Changed $1,275 -5.6% $1 / Sq Ft
02/22/2024 02/22/24 Price Changed $1,350 -6.9% $1 / Sq Ft
02/16/2024 02/16/24 Price Changed $1,450 -3.3% $2 / Sq Ft
01/29/2024 01/29/24 For Rent $1,500 0.0% --
01/26/2024 01/26/24 Sold $129,500 0.0% $144 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $129,500 +12.6% $144 / Sq Ft
12/08/2022 12/08/22 Sold $115,000 -3.0% $127 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $118,500 -- $131 / 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 $718 $31,600 $0 $31,600
2023 $620 $31,600 $0 $31,600
2022 $620 $31,600 $0 $31,600
2021 $652 $31,600 $0 $31,600
2020 $646 $31,600 $0 $31,600
2019 $631 $31,600 $0 $31,600
2018 $617 $31,600 $0 $31,600
2016 $582 $31,600 $0 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4983486

PrimeMLS

APN: 438-137-10344