NOT LISTED FOR SALE

50 Cherry Ln Newport, VT 05855

Estimated Value: $341,000 - $441,000

0.29 Acre
$1,361,038 Price per Acre
12,632 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $27,500

Est. 1,345% increase in value since last sale

Current estimated payment $2,708/month

555 Days on Market

Highlights

  • Community Beach Access
  • Wooded Lot
  • Level Lot
  • Water Access

About This Lot

As of February 2021

Build the home of your dreams in this coveted development. Enjoy 1200' of sandy beach and picnic at the gazebo on Lake Memphremagog. Public water and sewer are already in place; power, cable and telephone are nearby. 6 miles of walk/bike paths, hospital, schools, marina, golf, restaurants and shopping are just minutes away.

Last Agent to Sell the Property

Rosemary Lalime

RE/MAX All Seasons Realty License #081.0000226 Listed on: 06/12/2019

RE/MAX All Seasons Realty

Last Buyer's Agent

Rosemary Lalime

RE/MAX All Seasons Realty License #081.0000226 Listed on: 06/12/2019

RE/MAX All Seasons Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,390

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Wooded Lot

Schools

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

Utilities

  • Cable TV Available

Community Details

Overview

  • Pine Bluff Estates Subdivision

Recreation

  • Community Beach Access
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$6,390

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Development Subdivision: Pine Bluff Estates
  • Directions: Into Pine Bluff Estates on Estates Drive and bear right onto Cherry Lane. Lot #50 on the right.
  • Flood Zone: Unknown
  • Suitable Use: Residential
  • Price Per Sq Ft: 94827.59
  • Property Class: Land
  • Property Type: Land
  • Remarks Public: Build the home of your dreams in this coveted development. Enjoy 1200' of sandy beach and picnic at the gazebo on Lake Memphremagog. Public water and sewer are already in place; power, cable and telephone are nearby. 6 miles of walk/bike paths, hospital, schools, marina, golf, restaurants and shopping are just minutes away.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Dead End, Gravel, Private
  • Water Body Type: Lake
  • Shore Rights: Community, Deeded
  • Water Access Details: Beach Access
  • Water Body Name 2: Memphremagog Lake
  • Water Body Access 2: Yes

Utilities

  • Electric: On-Site
  • Sewer: Public Sewer At Street
  • Water: Public Water - At Street, Public Water - On-Site
  • Electric Company: Vt Electric Coop
  • Utilities: Cable

Condo/Co-op/Association

  • Association Amenities: Beach Access, Beach Rights

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Orleans Essex North
  • 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: 12632
  • Lot Acres: 0.29
  • Lot Description: Level, Wooded
  • Surveyed: Yes
  • Surveyed By: Blais
  • Zoning: Residential
  • Deed Book: 85
  • Deed Page: 57
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes

MLS Schools

  • School District: Orleans Essex North
  • School Middle Jr: North Country Junior High

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $27,500 -88.2% --
12/18/2020 12/18/20 Pending -- -- --
08/13/2019 08/13/19 Sold $233,500 -3.5% $99 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $241,900 +644.3% $103 / Sq Ft
06/12/2019 06/12/19 For Sale $32,500 -- --
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 $6,390 $214,200 $55,200 $159,000
2023 $6,390 $214,200 $55,200 $159,000
2022 $6,286 $214,200 $55,200 $159,000
2021 $6,329 $214,200 $55,200 $159,000
2020 $6,141 $214,200 $55,200 $159,000
2019 $5,790 $214,200 $55,200 $159,000
2018 $5,801 $214,200 $55,200 $159,000
2016 $5,043 $176,000 $26,500 $149,500
Source: Public Records

Agents Affiliated with this Home

  • Rosemary Lalime

    Seller's Agent in 2021

    Rosemary Lalime

    RE/MAX

    (802) 777-1745

    30 in this area

    113 Total Sales

    Section Image
  • Ryan Pronto

    Seller's Agent in 2019

    Ryan Pronto

    Jim Campbell Real Estate

    (802) 274-9149

    141 in this area

    424 Total Sales

    Section Image
  • Nicholas Maclure

    Buyer's Agent in 2019

    Nicholas Maclure

    Century 21 Farm & Forest

    (802) 673-8876

    43 in this area

    372 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4757929

PrimeMLS

APN: 435-136-15129

Vermont Orleans County Newport 05855

50 Cherry Ln, Newport, VT

This home is located at 50 Cherry Ln, Newport, VT 05855 since 12 June 2019 and is currently estimated at $394,701. 50 Cherry Ln is a home located in Orleans County with nearby schools including Newport City Elementary School, North Country Union Junior High School, and North Country Union High School.

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