NOT LISTED FOR SALE

279 E Main St Newport, VT 05855

Estimated Value: $160,000 - $211,000

5 Beds
3 Baths
2,307 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $75,000 $33 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,203/month

232 Days on Market

About This Home

As of June 2012

This Newport City 3 unit on East Main St is ready to sell. All plumbing and electrical was new in 1996-1997,EMP's up to date, roof 10 years old and the building is in great shape. Good rental history. Tenants pay their own heat and electric. Convenient location. All units are currently rented. $21,000 gross revenue potential. This property is priced to sell.

Last Agent to Sell the Property

Russell Ingalls

RE/MAX All Seasons Realty - Lyndonville License #081.0087409 Listed on: 09/01/2011

RE/MAX All Seasons Realty - Lyndonville

Last Buyer's Agent

Kendrick Young

Conley Country Real Estate & Insurance License #081.0002258

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,307 Sq Ft Home
  • 1.75-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Parking

  • 5 Car Parking Spaces
  • Gravel Driveway

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil
  • 200+ Amp Service
  • 110 Volts
  • Electric Water Heater
  • Community Sewer or Septic
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $21,000

Listing and Financial Details

  • Rent includes hot water, landscaping, parking, plowing, sewer, trash, water
  • Tax Lot 01

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Assessment Amount: 92400
  • Assessment Year: 2010
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 32.51
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2307
  • Unit Info: CO Detector, Deck, Heat - Gas, Heat - Oil, Loft, Porch, Range - Electric, Refrigerator, Smoke Detector
  • Year Built: 1920
  • Remarks Public: This Newport City 3 unit on East Main St is ready to sell. All plumbing and electrical was new in 1996-1997,EMP's up to date, roof 10 years old and the building is in great shape. Good rental history. Tenants pay their own heat and electric. Convenient location. All units are currently rented. $21,000 gross revenue potential. This property is priced to sell.
  • List Agent: 23298
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment: Smoke Detectr-HrdWrdw/Bat
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 2307

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Parking Spaces 5

Utilities

  • Electric: 110 Volt, 200 Amp, Circuit Breaker(s)
  • Sewer: Community, Public
  • Water: Community, Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Gas Heater - Vented, Hot Air
  • Total Electric Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Trash: Cans, Curbside, Owner
  • Utilities: Cable, Dsl

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

  • Village/District/Locale: Newport
  • Map: 01
  • Lot: 01
  • Lot Sq Ft: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot, Corner
  • Zoning: Newport City
  • Deed Book: 118
  • Deed Page: 003
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Hot Water, Landscaping, Parking, Plowing, Sewer, Trash, Water

Multi Family

  • Gross Income: 21000
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2643
  • Tax Year: 2010

MLS Schools

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

Range of Values:

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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
06/07/2012 06/07/12 Sold $75,000 -34.8% $33 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $115,000 -- $50 / 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 $2,780 $93,200 $17,700 $75,500
2023 $2,780 $93,200 $17,700 $75,500
2022 $2,780 $93,200 $17,700 $75,500
2021 $2,839 $93,200 $17,700 $75,500
2020 $2,822 $93,200 $17,700 $75,500
2019 $2,742 $93,200 $17,700 $75,500
2018 $2,694 $93,200 $17,700 $75,500
2016 $2,773 $92,400 $16,100 $76,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4090286

PrimeMLS

APN: 435-136-15410