NOT LISTED FOR SALE

385 Main St Newport, VT 05855

Estimated Value: $330,000 - $387,000

5 Beds
2 Baths
2,138 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $140,000 $65 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,393/month

21 Days on Market

Highlights

  • 2 Car Detached Garage
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating System
  • Open Lot
  • 5-minute walk to Newport Parks & Recreation

About This Home

As of May 2022

This 2 Unit home is conveniently located in Newport City, close to shopping, lake, the recreation path, restaurants and much more. Level 1 is 3 bedrooms, 1 bath, Kitchen Living area. Level 2 is 2 bedrooms, one bath, and Kitchen Living area. A 2 car detached garage makes storage and parking a plus. Both apartments are currently rented so 24-48 hours showing notice required.

Last Agent to Sell the Property

Brandy Goulet

Century 21 Farm & Forest/Burke License #081.0120113 Listed on: 02/21/2022

Century 21 Farm & Forest/Burke

Last Buyer's Agent

Nikki Provencher

Big Bear Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Open Lot
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Mini Split Heat Pump
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Coming from Downtown Main Street, go through the 4 way intersection of School, 3rd and Main. House is on the left and sits behind another house with a shared access one driveway before Governor Drive.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 65.48
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3923
  • Sq Ft - Apx Total Finished: 2138
  • Year Built: 1940
  • Remarks Public: This 2 Unit home is conveniently located in Newport City, close to shopping, lake, the recreation path, restaurants and much more. Level 1 is 3 bedrooms, 1 bath, Kitchen Living area. Level 2 is 2 bedrooms, one bath, and Kitchen Living area. A 2 car detached garage makes storage and parking a plus. Both apartments are currently rented so 24-48 hours showing notice required.
  • List Agent: 22591
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2138
  • Sq Ft - Apx Unfinished AG: 978
  • Sq Ft - Apx Unfinished BG: 807

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared
  • Exterior: Vinyl Siding, Wood Siding
  • Foundation: Stone
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Forced Air, Mini Split
  • Cooling: Mini Split
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable, Internet - Cable

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: 8712
  • Lot Acres: 0.2
  • Lot Description: City Lot, Open
  • Zoning: Multifamily
  • Deed Book: 241
  • Deed Page: 459
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 2000
  • 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

Closed on
Jan 19, 2023
Sold by
Tetreault Riley R
Bought by
Kime Danielle A and Kime Patrick
Current Estimated Value
$363,146

Purchase Details

Closed on
Jan 19, 2022
Sold by
Tetreault Riley R
Bought by
Kime Danielle A and Kime Patrick

Purchase Details

Closed on
May 22, 2020
Sold by
Marcotte Gregory C and Marcotte Roderick L
Bought by
Tetreault Riley R

Purchase Details

Closed on
Nov 9, 2012
Sold by
Patenaude Paul
Bought by
Marcotte Roderick L and Marcotte Roderick L
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
Kime Danielle A $300,000 --
Kime Danielle A $300,000 --
Kime Danielle A $300,000 --
Kime Danielle A $300,000 --
Tetreault Riley R $239,000 --
Tetreault Riley R $239,000 --
Marcotte Roderick L $230,000 --
Marcotte Roderick L $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $140,000 -6.0% $65 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $149,000 -- $70 / 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 $5,019 $221,000 $31,900 $189,100
2023 $4,338 $221,000 $31,900 $189,100
2022 $4,338 $221,000 $31,900 $189,100
2021 $4,557 $221,000 $31,900 $189,100
2020 $4,519 $221,000 $31,900 $189,100
2019 $4,350 $221,000 $31,900 $189,100
2018 $4,230 $221,000 $31,900 $189,100
2016 $3,993 $221,000 $31,900 $189,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4898654

PrimeMLS

APN: 438-137-10234