NOT LISTED FOR SALE

348 Billings Point Newport, VT 05855

Estimated Value: $352,000 - $571,000

1 Bed
2.5 Baths
2,324 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $495,000 $213 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,293/month

32 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • 56 Feet of Waterfront
  • Lake View
  • Contemporary Architecture

About This Home

As of September 2022

You’ll find this immaculate, 2,324-sq-ft home perched on the shore of Lake Memphremagog. Built in 2015, this home was designed to take advantage of the eastern views over South Bay and offers 56’ of private water frontage. Windows overlooking the lake and a cathedral ceiling beckon you into the open living area, where you’re greeted with warm kitchen cabinetry topped by dark granite counters, a large island with seating for casual meals, & a gas fireplace featuring a floor-to-ceiling cultured stone surround invites you to sit a while. Just outside the window you may spy a bald eagle scouting for a meal from a branch of your maple tree. Off the kitchen is the formal dining room & a half bath with laundry. The top floor is dedicated to the bedroom suite with 2 closets and bath with double vanity, tile shower, and separate tub. A custom bar, made of spalted sugarberry, sets the mood in the den on the lower level. It’s the ideal spot for watching a game, playing poker, or just kicking back. In addition, there’s a full bath and 2 bonus rooms that can be used however best fits your needs, whether it’s a home gym and office space or craft room and studio, the space is there. The .23-acre lot features natural stone retaining walls and low-maintenance lawn areas leading down to the lake. Flower beds parallel the steps to the driveway and heated garage that has office space on the top floor. Need more? The neighboring home is also for sale, see MLS # 4921945.

Last Agent to Sell the Property

Nicholas Maclure

Century 21 Farm & Forest License #081.0004483 Listed on: 07/08/2022

Century 21 Farm & Forest

Last Buyer's Agent

Jacqui Friend

Century 21 Farm & Forest/Burke License #082.0134646

Century 21 Farm & Forest/Burke

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 2015

Lot Details

  • 0.26 Acre Lot
  • 56 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Partially Fenced Property
  • Landscaped
  • Secluded Lot
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot
  • Garden
  • Property is zoned Residential / Urban Rec

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Driveway

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding

Interior Spaces

  • 1.75-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Combination Kitchen and Living
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Accessible Home Design

  • Hard or Low Nap Flooring
  • Standby Generator

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access To Lake
  • Nearby Water Access
  • Property is near a lake
  • Private Dock
  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Shared Water Source
  • Drilled Well
  • Water Heater
  • Water Purifier
  • Septic Tank
  • Leach Field
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,422

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Contemporary, Modern Architecture
  • Directions: From Main Street in Newport City, take Coventry Road to the Airport Road and your first left onto Billings Point. Property is at the end of the road.
  • Footprint: 28x40
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 366.94
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2015
  • Remarks Public: You’ll find this immaculate, 2,324-sq-ft home perched on the shore of Lake Memphremagog. Built in 2015, this home was designed to take advantage of the eastern views over South Bay and offers 56’ of private water frontage. Windows overlooking the lake and a cathedral ceiling beckon you into the open living area, where you’re greeted with warm kitchen cabinetry topped by dark granite counters, a large island with seating for casual meals, & a gas fireplace featuring a floor-to-ceiling cultured stone surround invites you to sit a while. Just outside the window you may spy a bald eagle scouting for a meal from a branch of your maple tree. Off the kitchen is the formal dining room & a half bath with laundry. The top floor is dedicated to the bedroom suite with 2 closets and bath with double vanity, tile shower, and separate tub. A custom bar, made of spalted sugarberry, sets the mood in the den on the lower level. It’s the ideal spot for watching a game, playing poker, or just kicking back. In addition, there’s a full bath and 2 bonus rooms that can be used however best fits your needs, whether it’s a home gym and office space or craft room and studio, the space is there. The .23-acre lot features natural stone retaining walls and low-maintenance lawn areas leading down to the lake. Flower beds parallel the steps to the driveway and heated garage that has office space on the top floor. Need more? The neighboring home is also for sale, see MLS # 4921945.
  • List Agent: 22563
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Equipment: Smoke Detector, Stove-Gas, Generator - Standby
  • Features Accessibility: 1st Floor 1/2 Bathroom, Hard Surface Flooring
  • Features Interior: Cathedral Ceiling, Ceiling Fan, Dining Area, Fireplace - Gas, Fireplaces - 1, Kitchen Island, Kitchen/Living, Laundry Hook-ups, Primary BR w/ BA, Natural Light, Natural Woodwork, Soaking Tub, Walk-in Closet
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Finished, Full, Walkout
  • Level 1: Level 1: Dining Room, Level 1: Kitchen/Living, Level 1: Laundry Room
  • Level 2: Level 2: Primary Bdm Ste
  • Basement Level Rooms: Level B: Bonus Room, Level B: Den
  • Room 1: Kitchen/Living, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Laundry Room, On Level: 1
  • Room 4: Primary BR Suite, On Level: 2
  • Room 5: Basement
  • Room 6: Bonus Room, On Level: Basement
  • Room 7: Bonus Room, On Level: Basement
  • Sq Ft - Apx Finished AG: 1349
  • Sq Ft - Apx Finished BG: 975
  • Sq Ft - Apx Total: 2324
  • Sq Ft - Apx Total Finished: 2324

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Composition
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Dead End, Dirt, Shared
  • Roof: Metal
  • Features Exterior: Deck, Fence - Partial, Garden Space, Natural Shade, Private Dock, Windows - Double Pane, Beach Access
  • Water Body Access: Yes
  • Water Body Type: Lake
  • Water Frontage Length: 56
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Memphremagog Lake
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage, On-Site
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Auto Open, Heated

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Bourne
  • Sewer: 1000 Gallon, Leach Field, On-Site Septic Exists
  • Water: Drilled Well, Purifier/Soft, Shared
  • Water Heater: On Demand, Owned
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Cooling: Central AC
  • Electric Company: VT Electric Coop
  • Utilities: Satellite

Fee Information

  • Tax Class: 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: 11326
  • Lot Acres: 0.26
  • Lot Description: Beach Access, Country Setting, Lake Access, Lake Frontage, Lake View, Lakes, Landscaped, Open, Secluded, Slight, Sloping, View, Water View, Waterfront, Wooded
  • Owned Land: Yes
  • Surveyed: Yes
  • Surveyed By: Blais Horizon
  • Zoning: Residential / Urban Rec
  • Deed Book: 265
  • Deed Page: 35-37
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2021-2022
  • Tax Gross Amount: 7422.2
  • Tax Year: 2021

MLS Schools

  • School District: North Country Supervisory Union
  • School Middle Jr: North Country Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 23, 2022
Sold by
Kinne Kit H and Kinne Lisa M
Bought by
Deaton Daniel P and Ennis Julie A
Seller's Agent
Nicholas Maclure
Century 21 Farm & Forest
Buyer's Agent
Jacqui Friend
Century 21 Farm & Forest/Burke
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
8
Current Estimated Value
$482,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,270
Avg. Annual Appreciation
-0.86%
Source: Public Records

Range of Values:

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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
Deaton Daniel P $495,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $495,000 -0.8% $213 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $499,000 -5.0% $215 / Sq Ft
07/08/2022 07/08/22 For Sale $525,000 +4.2% $226 / Sq Ft
05/19/2022 05/19/22 Sold $504,000 -4.7% $217 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $529,000 -- $228 / 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 $7,795 $261,300 $64,400 $196,900
2023 $7,795 $261,300 $64,400 $196,900
2022 $7,669 $261,300 $64,400 $196,900
2021 $7,422 $251,200 $64,400 $186,800
2020 $7,202 $251,200 $64,400 $186,800
2019 $6,790 $251,200 $64,400 $186,800
2018 $6,803 $251,200 $64,400 $186,800
2016 $5,885 $205,400 $34,800 $170,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4919683

PrimeMLS

APN: 435-136-14826