NOT LISTED FOR SALE

322 E Main St Newport, VT 05855

Estimated Value: $115,256 - $185,000

7 Beds
3 Baths
3,362 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $80,000 $24 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,215/month

16 Days on Market

Highlights

  • Covered patio or porch
  • Baseboard Heating
  • Carpet
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of June 2020

Great 3-unit building in good shape with convenient location on East Main Street in Newport. This building includes (2) 2-bedroom units and (1) 3-bedroom unit. This would make a good investment property, or live in one unit and let the other 2 units pay the mortgage. This property is priced $30,000 under assessment!! Contact David Campbell at Century 21 Farm & Forest for more information. 802.7673.7177 or dave@farmandforest.com.

Last Listed By

David Campbell

Century 21 Farm & Forest License #082.0000357 Listed on: 05/11/2020

Century 21 Farm & Forest

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1929

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Masonite

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Unfinished 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 Oil
  • Separate Meters
  • 100 Amp Service
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $17,400
  • Net Operating Income $9,064

Property Details

Home Type

Apartment

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: On the corner of E. Main and Spring Streets, next to the church.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 23.8
  • Year Built: 1929
  • Remarks Public: Great 3-unit building in good shape with convenient location on East Main Street in Newport. This building includes (2) 2-bedroom units and (1) 3-bedroom unit. This would make a good investment property, or live in one unit and let the other 2 units pay the mortgage. This property is priced $30,000 under assessment!!
  • List Agent: 22555
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 3362
  • Sq Ft - Apx Unfinished AG: 360

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Masonite, Vinyl Siding
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: On-Site
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Cable Company: Comcast
  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: VT Co-Op
  • Phone Company: Consolidated
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable - At Site

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: North Country Supervisory Union
  • 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: 6970
  • Lot Acres: 0.16
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Res/Comm
  • Deed Book: 66
  • Deed Page: 225
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 17400
  • Net Income: 9063.96
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2019-2020
  • Tax Gross Amount: 3522.04
  • Tax Year: 2020

MLS Schools

  • School District: North Country Supervisory Union
  • 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 Change Sq Ft Price
06/26/2020 06/26/20 Sold $80,000 -11.0% $24 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $89,900 -- $27 / 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 $3,571 $119,700 $18,000 $101,700
2023 $3,571 $119,700 $18,000 $101,700
2022 $3,570 $119,700 $18,000 $101,700
2021 $3,646 $119,700 $18,000 $101,700
2020 $3,625 $119,700 $18,000 $101,700
2019 $3,522 $119,700 $18,000 $101,700
2018 $3,460 $119,700 $18,000 $101,700
2016 $3,343 $111,400 $16,400 $95,000
Source: Public Records

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APN: 435-136-15347