NOT LISTED FOR SALE

38 Lake Park Extension Newport, VT 05855

Estimated Value: $475,000 - $530,661

3 Beds
1 Bath
1,152 Sq Ft
$436/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $380,000 $330 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,303/month

10 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake View
  • Wood Flooring
  • 48 Feet of Waterfront
  • Deck
  • New Englander Architecture

About This Home

As of June 2021

Superb location for this charming year round insulated cedar-shingled cottage with 48' of private frontage on Lake Memphremagog! This New England style home, built in 2002, features first floor open living with kitchen/dining area and a living room with views of the water from every window. A gas stove offers extra warmth on chilly days. Large new deck just off the living room overlooks the lake. There is a washer & dryer in the downstairs full bath. Three generous sized bedrooms upstairs, including the master with a direct view of the water. Hardwood floors on both levels. Private newer drilled well on site. The unfinished basement has plenty of room for your toys and there is a boat launch for summer fun. Two boat moorings with mushroom anchors. Minutes to the recreational bicycle path and walking trails in the Eagle Point Wildlife Management Area. Do not miss the opportunity to own this waterfront property! Contact Connie Isabelle for more details and showings. 802-274-2149

Last Agent to Sell the Property

Constance Isabelle

Century 21 Farm & Forest License #081.0066327 Listed on: 05/06/2021

Century 21 Farm & Forest

Last Buyer's Agent

Constance Isabelle

Century 21 Farm & Forest License #081.0066327 Listed on: 05/06/2021

Century 21 Farm & Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,089

Year Built

  • Built in 2002

Lot Details

  • 4,792 Sq Ft Lot
  • 48 Feet of Waterfront
  • Lot Sloped Up
  • Property is zoned Derby

Home Design

  • New Englander Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 3 Car Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Balcony
  • Deck

Schools

  • Derby Elementary School
  • North Country Junior High
  • North Country Union High Sch

Utilities

  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Underground Utilities
  • 100 Amp Service
  • Drilled Well
  • Tankless Water Heater
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Private Sewer
  • Leach Field

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,089

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cottage/Camp, New Englander
  • Directions: From Newport take E Main to Sias Ave which becomes Darling Hill Rd, continue 1.6-mi, bear left on North Derby Rd, 2.1-mi bear left on Eagle Point Rd, left on Lake Park Rd then left on Lake Park Ext, 3rd house on your left.
  • Flood Zone: Unknown
  • Footprint: 16x36
  • Suitable Use: Residential
  • Construction: Existing
  • Seasonal: Unknown
  • Total Stories: 2
  • Price Per Sq Ft: 329.86
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2002
  • Remarks Public: Superb location for this charming year round insulated cedar-shingled cottage with 48' of private frontage on Lake Memphremagog! This New England style home, built in 2002, features first floor open living with kitchen/dining area and a living room with views of the water from every window. A gas stove offers extra warmth on chilly days. Large new deck just off the living room overlooks the lake. There is a washer & dryer in the downstairs full bath. Three generous sized bedrooms upstairs, including the master with a direct view of the water. Hardwood floors on both levels. Private newer drilled well on site. The unfinished basement has plenty of room for your toys and there is a boat launch for summer fun. Two boat moorings with mushroom anchors. Minutes to the recreational bicycle path and walking trails in the Eagle Point Wildlife Management Area. Do not miss the opportunity to own this waterfront property!
  • L A1 M M S I Memberkey: 22719
  • List Agent: 22572
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 72606
  • S A1 M M S I Memberkey: 22719
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 72606
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range - Gas, Refrigerator, Washer, Stove - Gas
  • Equipment: Smoke Detector, Smoke Detectr-Batt Powrd
  • Features Interior: Kitchen/Dining, Laundry Hook-ups, Laundry - 1st Floor
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full, Gravel, Unfinished
  • Level 1: Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Master Bedroom
  • Room 1: Kitchen, 14x11.5, On Level: 1
  • Room 3: Living Room, 14x15, On Level: 1
  • Room 7: Master Bedroom, 15x10.5, On Level: 2
  • Room 8: Bedroom, 11x11.5, On Level: 2
  • Room 9: Bedroom, 15x8.5, On Level: 2
  • Sq Ft - Apx Finished AG: 1152
  • Sq Ft - Apx Total: 1728
  • Sq Ft - Apx Total Finished: 1152
  • Sq Ft - Apx Unfinished BG: 576

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Cedar, Shingle
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Gravel, Shared, Privately Maintained
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Balcony, Deck
  • Water Body Access: Yes
  • Water Body Type: Lake
  • Water Frontage Length: 48
  • Water Restrictions: Unknown
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Memphremagog Lake
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Parking: Parking Spaces 3

Utilities

  • Electric: 100 Amp
  • Sewer: Leach Field, Private, Septic
  • Water: Drilled Well
  • Water Heater: Gas - LP/Bottle, On Demand, Tankless
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Gas Heater, Stove - Gas, Wall Units
  • Electric Company: Vt Coop
  • Phone Company: Consolidated
  • Utilities: Underground Utilities

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: North Country Supervisory Union
  • Elementary School: Derby Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • Elementary School: Derby Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: Lake View, Water View, Waterfront
  • Owned Land: Yes
  • Surveyed: Yes
  • Zoning: Derby
  • Deed Book: 290
  • Deed Page: 529
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 6089.12
  • Tax Year: 2020

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

Closed on
Sep 20, 2021
Sold by
Nelson Toni R and Patterson John W
Bought by
Patterson John W
Current Estimated Value
$502,665

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 14, 2021
Sold by
38 Lake Street Llc
Bought by
Nelson Toni R and Patterson John W
Seller's Agent
Constance Isabelle
Century 21 Farm & Forest
Buyer's Agent
Constance Isabelle
Century 21 Farm & Forest
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Dec 10, 2019
Sold by
Sims Katherine B and Sims Nathaniel M

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jul 6, 2016
Sold by
Villeneuve Michel and Villeneuve Gilles
Bought by
Sims Nathaniel M and Sims Katherine B
Seller's Agent
Micheline Cote
Century 21 Farm & Forest
Buyer's Agent
Constance Isabelle
Century 21 Farm & Forest
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Source: Public Records

Range of Values:

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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
Patterson John W -- --
Nelson Toni R $380,000 --
-- -- --
Sims Nathaniel M $249,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $380,000 -3.8% $330 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $395,000 0.0% $343 / Sq Ft
10/27/2020 10/27/20 Rented $1,895 0.0% --
10/15/2020 10/15/20 For Rent $1,895 +72.3% --
09/26/2019 09/26/19 Rented $1,100 0.0% --
08/31/2019 08/31/19 Price Changed $1,100 -35.1% $1 / Sq Ft
08/22/2019 08/22/19 For Rent $1,695 -43.5% --
06/01/2019 06/01/19 Rented $3,000 +20.2% --
04/14/2019 04/14/19 Price Changed $2,495 +56.4% $2 / Sq Ft
03/05/2019 03/05/19 For Rent $1,595 0.0% --
01/19/2019 01/19/19 Rented $1,595 0.0% --
01/16/2019 01/16/19 Price Changed $1,595 -15.8% $1 / Sq Ft
01/12/2019 01/12/19 Price Changed $1,895 +18.8% $2 / Sq Ft
11/15/2018 11/15/18 Price Changed $1,595 -15.8% $1 / Sq Ft
11/07/2018 11/07/18 Price Changed $1,895 +18.8% $2 / Sq Ft
11/02/2018 11/02/18 Price Changed $1,595 -15.8% $1 / Sq Ft
09/18/2018 09/18/18 Price Changed $1,895 +11.8% $2 / Sq Ft
09/01/2018 09/01/18 Price Changed $1,695 -63.1% $1 / Sq Ft
08/30/2018 08/30/18 Price Changed $4,595 +77.1% $4 / Sq Ft
08/28/2018 08/28/18 For Rent $2,595 0.0% --
07/06/2016 07/06/16 Sold $249,000 0.0% $216 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $249,000 0.0% $216 / Sq Ft
04/04/2016 04/04/16 Rented $1,200 0.0% --
03/05/2016 03/05/16 Under Contract -- -- --
12/17/2015 12/17/15 For Rent $1,200 -- --
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 $6,609 $291,400 $218,900 $72,500
2023 $5,983 $293,000 $218,900 $74,100
2022 $5,672 $293,000 $218,900 $74,100
2021 $5,902 $293,000 $218,900 $74,100
2020 $6,089 $293,000 $218,900 $74,100
2019 $6,494 $318,100 $235,400 $82,700
2018 $6,378 $318,100 $235,400 $82,700
2016 $5,968 $318,100 $235,400 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4859442

PrimeMLS

APN: 177-056-12467