NOT LISTED FOR SALE

3117 Lake Rd Newport Center, VT 05857

Estimated Value: $321,000 - $368,329

4 Beds
1.5 Baths
1,226 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $335,000 $273 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,182/month

15 Days on Market

Highlights

  • Water Access
  • Deck
  • 2 Car Attached Garage
  • Lake View
  • Raised Ranch Architecture
  • Patio

About This Home

As of October 2023

Highly desirable location on Lake Road in Newport Town with an amazing view of (as well as a deeded ROW to) Lake Memphremagog, this 4 bedroom, one and half bath home features an open floor plan on the main level with plenty of room to spread out. Offering a large family room with a bar on the lower level in additional to a 4th bedroom, and laundry, as well as an attached two car garage, paved driveway, and large, landscaped back yard with garden shed. This type of home has not come on the market very often in the past year and at this price we expect it will go quickly. Seller has done so much work on this home since purchasing in 2018, newer metal roof, new TREX decking on side, back and front steps, added a heating system in the garage, etc. Septic just pumped in June.

Last Agent to Sell the Property

Kerry Wevurski

Jim Campbell Real Estate License #081.0063361 Listed on: 09/08/2023

Last Buyer's Agent

Penny Mason-Anderson

Pall Spera Company Realtors-Morrisville License #082.0008331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1975

Lot Details

  • 0.95 Acre Lot
  • Landscaped
  • Lot Sloped Up
  • Garden
  • Property is zoned Newport Center

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Mountain
  • Countryside Views

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Open Floorplan

Kitchen

  • Oven
  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Water Access
  • Water Access Across The Street
  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 150 Amp Service
  • Drilled Well
  • Water Heater
  • Septic Tank
  • Leach Field
  • Satellite Dish

Listing and Financial Details

  • Exclusions: Microwave, grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,101

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Raised Ranch
  • Directions: Travel on Lake Rd. out past Vance Hill Rd. Property will be the first raised white ranch on the left.
  • Construction: Existing
  • Items Excluded: Microwave, grill
  • Total Stories: 1
  • Price Per Sq Ft: 273.25
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1975
  • Remarks Public: Highly desirable location on Lake Road in Newport Town with an amazing view of (as well as a deeded ROW to) Lake Memphremagog, this 4 bedroom, one and half bath home features an open floor plan on the main level with plenty of room to spread out. Offering a large family room with a bar on the lower level in additional to a 4th bedroom, and laundry, as well as an attached two car garage, paved driveway, and large, landscaped back yard with garden shed. This type of home has not come on the market very often in the past year and at this price we expect it will go quickly. Seller has done so much work on this home since purchasing in 2018, newer metal roof, new TREX decking on side, back and front steps, added a heating system in the garage, etc. Septic just pumped in June.
  • List Agent: 22528
  • 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: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Oven - Wall, Range - Electric, Refrigerator, Washer
  • Equipment: CO Detector, Smoke Detector
  • Features Interior: Ceiling Fan, Fireplace - Wood, Kitchen/Dining, Living/Dining
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Vinyl
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Daylight, Finished, Full, Stairs - Interior, Interior Access
  • Level 1: Level 1: Bedroom, Level 1: Kitchen/Dining, Level 1: Living Room
  • Basement Level Rooms: Level B: Bedroom, Level B: Family Room
  • Room 1: Kitchen/Dining, On Level: 1
  • Room 2: Living Room, 23 x 27, On Level: 1
  • Room 3: Bedroom, 13'7" x 13', On Level: 1
  • Room 4: Bedroom, 9' x 13'6', On Level: 1
  • Room 5: 1, 9' x 10'
  • Room 6: Bedroom, 12' x 14'6", On Level: Basement
  • Room 7: Family Room, 27' x 20', On Level: Basement
  • Sq Ft - Apx Finished AG: 1226
  • Sq Ft - Apx Finished BG: 1100
  • Sq Ft - Apx Total: 2426
  • Sq Ft - Apx Total Finished: 2326
  • Sq Ft - Apx Unfinished BG: 100

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Standing Seam
  • Features Exterior: Deck, Garden Space, Patio, Shed
  • Water Body Access: Yes
  • Water Body Type: Lake
  • Water Access Details: Cross a Street to Access, Right of Way
  • Water Body Name 2: Memphremagog Lake
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Heated

Utilities

  • Electric: 150 Amp, Circuit Breaker(s)
  • Sewer: 1000 Gallon, Concrete, Leach Field, Leach Field - On-Site, On-Site Septic Exists
  • Water: Drilled Well
  • Water Heater: Off Boiler, Owned
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone
  • Electric Company: VT Elec Coop
  • Phone Company: Fairpoint/Consolidated
  • Utilities: Satellite

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Newport Town School District
  • Elementary School: Newport Center Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • Elementary School: Newport Center Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 41382
  • Lot Acres: 0.95
  • Lot Description: Country Setting, Lake View, Landscaped, Mountain View, Sloping, View, Water View
  • Surveyed: Unknown
  • Zoning: Newport Center
  • Deed Book: 33
  • Deed Page: 314-317
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 4100.93
  • Tax Year: 2023

MLS Schools

  • School District: Newport Town School District
  • School Middle Jr: North Country Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 30, 2023
Sold by
Seimon Mary
Bought by
Loughran Zack
Seller's Agent
Kerry Wevurski
Jim Campbell Real Estate
Buyer's Agent
Penny Mason-Anderson
Pall Spera Company Realtors-Morrisville
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Views
73
Current Estimated Value
$340,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,332
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Sep 25, 2017
Closed on
Apr 18, 2018
Sold by
Parshall Richard J and Parshall Sandra F
Bought by
Seimon Mary Beth
Seller's Agent
Tina Leblond
Big Bear Real Estate
Buyer's Agent
Tina Leblond
Big Bear Real Estate
List Price
$194,000
Sold Price
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%

Purchase Details

Closed on
Sep 6, 2012
Sold by
Parshall Richard J and Parshall Sandra F
Bought by
Parshall Richard J and Parshall Sandra F
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
Loughran Zack $335,000 --
Loughran Zack $335,000 --
Seimon Mary Beth -- --
Parshall Richard J -- --
Parshall Richard J -- --
Seimon Mary Beth -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $335,000 +3.1% $144 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $325,000 +67.5% $140 / Sq Ft
04/24/2018 04/24/18 Sold $194,000 0.0% $102 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
09/25/2017 09/25/17 For Sale $194,000 -- $102 / 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 $4,424 $194,800 $30,600 $164,200
2023 $3,824 $194,800 $30,600 $164,200
2022 $3,865 $194,800 $30,600 $164,200
2021 $4,002 $194,800 $30,600 $164,200
2020 $3,975 $194,800 $30,600 $164,200
2019 $3,834 $194,800 $30,600 $164,200
2018 $3,728 $194,800 $30,600 $164,200
2016 $3,519 $194,800 $30,600 $164,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4969237

PrimeMLS

APN: 438-137-10071