NOT LISTED FOR SALE

283 Union St Newport, VT 05855

Estimated Value: $151,939 - $182,000

4 Beds
2 Baths
2,200 Sq Ft
$74/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $149,900 $68 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,149/month

Highlights

  • Wood Flooring
  • Garden
  • 2 Car Garage
  • Covered patio or porch
  • Baseboard Heating
  • High Speed Internet

About This Home

As of April 2024

Multi-family style home on the East Side of Newport with a large level lawn and 2-car detached garage. This property currently offers 2 units with the potential for 3 units, one on each level. The ground level is fully finished with 2 bedrooms & 1 bath, second floor is finished with 2 bedrooms & 1 bath and the seller has started renovating the third level into a 1 bedroom & 1 bath apartment (all rooms are framed and electrical run, needs walls, flooring, heating unit, kitchen, bath, etc. installed). Sellers have priced this property knowing that it needs some work; the South side roof has been replaced but the North side and garage will both need to be replaced in the future, the front porch needs supports or to be removed, some siding repairs, etc. All utilities are fully functioning in Units #1 & 2. Separate utilities with Unit #1 having an oil hot air furnace, propane hot water heater and a mini-split heat/ac and Unit #2 having a newly installed oil boiler with baseboard hot water heat and a new electric hot water heater. All units are currently vacant, bring your ideas forward.

Last Agent to Sell the Property

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 04/10/2024

Last Buyer's Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 04/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,047

Year Built

  • Built in 1900

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Location

  • City Lot

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,047

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: Union Street Newport.
  • Footprint: 25' x 30'
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 68.14
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2950
  • Sq Ft - Apx Total Finished: 2200
  • Year Built: 1900
  • Remarks Public: Multi-family style home on the East Side of Newport with a large level lawn and 2-car detached garage. This property currently offers 2 units with the potential for 3 units, one on each level. The ground level is fully finished with 2 bedrooms & 1 bath, second floor is finished with 2 bedrooms & 1 bath and the seller has started renovating the third level into a 1 bedroom & 1 bath apartment (all rooms are framed and electrical run, needs walls, flooring, heating unit, kitchen, bath, etc. installed). Sellers have priced this property knowing that it needs some work; the South side roof has been replaced but the North side and garage will both need to be replaced in the future, the front porch needs supports or to be removed, some siding repairs, etc. All utilities are fully functioning in Units #1 & 2. Separate utilities with Unit #1 having an oil hot air furnace, propane hot water heater and a mini-split heat/ac and Unit #2 having a newly installed oil boiler with baseboard hot water heat and a new electric hot water heater. All units are currently vacant, bring your ideas forward.
  • List Agent: 22531
  • 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: High Speed Intrnt -Avail
  • Architectural Style: Duplex, Multi-Family, Multi-Level
  • ResoLotFeatures: City Lot, Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Electric, Water Heater–Gas–LP/Bttle
  • Flooring: Hardwood, Vinyl
  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partial, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 2200
  • Sq Ft - Apx Unfinished BG: 750

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Garden Space, Outbuilding, Porch - Covered
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage
  • Garage: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Desjarlais
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Air
  • Cooling: Mini Split
  • Electric Company: VT Electric Co-Op
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - Available, Gas - Lp/Bottle
  • Water Source: Public

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: 14375
  • Lot Acres: 0.33
  • Surveyed: Unknown
  • Zoning: UR
  • Deed Book: 113
  • Deed Page: 39-41
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2023-24
  • Tax Gross Amount: 3046.94
  • Tax Year: 2024

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

MLS Schools

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

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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 Change Sq Ft Price
04/10/2024 04/10/24 Sold $149,900 0.0% $68 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $149,900 -- $68 / 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 $2,929 $98,200 $20,100 $78,100
2023 $2,929 $98,200 $20,100 $78,100
2022 $2,929 $98,200 $20,100 $78,100
2021 $2,991 $98,200 $20,100 $78,100
2020 $2,974 $98,200 $20,100 $78,100
2019 $2,889 $98,200 $20,100 $78,100
2018 $2,838 $98,200 $20,100 $78,100
2016 $2,545 $84,800 $14,700 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4990854

PrimeMLS

APN: 435-136-15209