NOT LISTED FOR SALE

383 Gibbs Rd Newport Center, VT 05857

Estimated Value: $339,000 - $347,000

2 Beds
2 Baths
1,508 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $307,500 $204 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,324/month

64 Days on Market

Highlights

  • Countryside Views
  • Wood Burning Stove
  • Wooded Lot
  • Deck
  • Secluded Lot
  • Cathedral Ceiling

About This Home

As of January 2023

Are you looking for that quintessential, country log home but might have concern that the property hasn't been maintained like it needs to be? Here at the "Hidden Haven", the current owner has taken great care to make sure this cabin is top notch. Since ownership, the owner has installed a new roof on the garage, added a storage shed, put in a new deck with a railing upgrade, put in a new high energy efficient furnace, purchased all new appliances AND installed a brand-new security system with 2 infrared cameras. As for the exterior of the home, last year, the logs were professionally corn blasted, chinked and re-stained. Get cozy in this 2 bedroom (one on each level), 2 bath, 1508 square foot home and allow yourself to relax in paradise. Located on a dead-end road, you will learn to enjoy the peace and quiet country living offers. With 13.6 secluded acres, there is plenty of elbow room. This property has been a primary residence, however, would make an amazing Air B&B investment because it is being offered completely furnished with furniture and linens and dishes and silverware . Vast is very close by. Located just 10 minutes to Downtown Newport and 30 minutes to Jay Peak Ski Resort. Well worth a look!

Last Listed By

Larry Faust

Big Bear Real Estate License #082.0008343 Listed on: 05/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,713

Year Built

  • Built in 1986

Lot Details

  • 13.6 Acre Lot
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Newport Town

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Log Cabin
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Open Floorplan
  • Dining Area
  • Wood Flooring
  • Countryside Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Laundry in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered patio or porch

Farming

  • Timber

Utilities

  • Forced Air Heating System
  • Furnace
  • Heating System Uses Gas
  • Programmable Thermostat
  • Dug Well
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,713

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Log
  • Directions: From the lake rd in Newport take Vance hill for about 2 miles till you come to Gibbs rd on your left.Take it for about 1/3 of a mile. Property will be on your left
  • Footprint: 32x25
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 256.25
  • Property Type: Single Family
  • Year Built: 1986
  • Remarks Public: Are you looking for that quintessential, country log home but might have concern that the property hasn't been maintained like it needs to be? Here at the "Hidden Haven", the current owner has taken great care to make sure this cabin is top notch. Since ownership, the owner has installed a new roof on the garage, added a storage shed, put in a new deck with a railing upgrade, put in a new high energy efficient furnace, purchased all new appliances AND installed a brand-new security system with 2 infrared cameras. As for the exterior of the home, last year, the logs were professionally corn blasted, chinked and re-stained. Get cozy in this 2 bedroom (one on each level), 2 bath, 1508 square foot home and allow yourself to relax in paradise. Located on a dead-end road, you will learn to enjoy the peace and quiet country living offers. With 13.6 secluded acres, there is plenty of elbow room. This property has been a primary residence, however, would make an amazing Air B&B investment because it is being offered completely furnished with furniture and linens and dishes and silverware . Vast is very close by. Located just 10 minutes to Downtown Newport and 30 minutes to Jay Peak Ski Resort. Well worth a look!
  • List Agent: 22515
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove - Electric
  • Equipment: Security System, Smoke Detector, Stove-Wood
  • Features Interior: Cathedral Ceiling, Ceiling Fan, Dining Area, Fireplace - Wood, Kitchen/Dining, Living/Dining, Security, Programmable Thermostat, Laundry - Basement
  • Total Bedrooms: 2
  • Flooring: Wood
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Full, Partially Finished, Stairs - Interior
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom
  • Basement Level Rooms: Level B: Bedroom, Level B: Bath - 3/4, Level B: Laundry Room, Level B: Utility Room
  • Room 1: Bath - Full, On Level: 1
  • Room 2: Bedroom, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Bedroom, On Level: 2
  • Room 5: 1
  • Room 6: Living Room, On Level: 1
  • Room 7: Laundry Room, On Level: Basement
  • Room 8: Utility Room, On Level: Basement
  • Room 9: Bath - 3/4, On Level: Basement
  • Room 10: Basement
  • Sq Ft - Apx Finished AG: 1200
  • Sq Ft - Apx Finished BG: 308
  • Sq Ft - Apx Total: 2000
  • Sq Ft - Apx Total Finished: 1508
  • Sq Ft - Apx Unfinished BG: 492

Exterior Features

  • Construction: Log Home
  • Driveway: Gravel
  • Exterior: Wood Siding
  • Foundation: Slab - Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Gravel, Privately Maintained
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Garage Type: Detached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Concrete
  • Water: Dug Well
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Direct Vent, Forced Air, Gas Heater - Vented, Hot Air, Furnace - Wood
  • Utilities: Dsl

Fee Information

  • Tax Class: Homestead

Lot Info

  • Lot Sq Ft: 592416
  • Lot Acres: 13.6
  • Lot Description: Country Setting, Level, Open, Secluded, Timber, Wooded
  • Zoning: Newport Town
  • Deed Book: 36
  • Deed Page: 17-19
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 3712.93
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jan 27, 2023
Sold by
Krauss Glenn
Bought by
Gerstner Joshua L and Gerstner Kimberlie D
Seller's Agent
Larry Faust
Big Bear Real Estate
Buyer's Agent
Jacob Barnes
EXP Realty
List Price
$319,000
Sold Price
$307,500
Premium/Discount to List
-$11,500
-3.61%
Total Days on Market
64
Views
24
Current Estimated Value
$356,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,150
Avg. Annual Appreciation
5.00%

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 31, 2020
Sold by
Blanchette Donna B and Blanchette Michel F
Bought by
Krauss Glenn
Seller's Agent
Cindy Sanville
Sanville Real Estate, LLC
Buyer's Agent
Larry Faust
Big Bear Real Estate
List Price
$219,000
Sold Price
$212,000
Premium/Discount to List
-$7,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%

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
Gerstner Joshua L $307,500 --
Gerstner Joshua L $307,500 --
Krauss Glenn $211,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $307,500 -2.4% $204 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $315,000 -1.3% $209 / Sq Ft
05/24/2022 05/24/22 For Sale $319,000 +50.5% $212 / Sq Ft
07/31/2020 07/31/20 Sold $212,000 -3.4% $141 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $219,500 +0.2% $146 / Sq Ft
05/25/2020 05/25/20 For Sale $219,000 -- $146 / 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 $4,165 $183,400 $48,800 $134,600
2023 $3,600 $183,400 $48,800 $134,600
2022 $3,639 $183,400 $48,800 $134,600
2021 $3,768 $183,400 $48,800 $134,600
2020 $3,750 $183,400 $48,800 $134,600
2019 $3,663 $183,400 $48,800 $134,600
2018 $3,581 $183,400 $48,800 $134,600
2016 $3,380 $183,400 $48,800 $134,600
Source: Public Records

Agents Affiliated with this Home

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Source: PrimeMLS

MLS Number: 4911701

PrimeMLS

APN: 438-137-10647