NOT LISTED FOR SALE

501 Western Ave Newport, VT 05855

Estimated Value: $189,000 - $327,120

3 Beds
1.5 Baths
1,176 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $290,000 $247 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,699/month

37 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Double Pane Windows
  • 1.8 Acre Lot
  • Enclosed Patio or Porch
  • Bathtub

About This Home

As of January 2024

Package offering- Beautifully remodeled property on 1.8 acres of land that consists of 3 separate lots. Many uses/possibilities for this property; enjoy this single family home and large yard as it is now or build new on the additional two lots that are included. Situated in Form 3, the purpose of this zone is for a dense multi-purpose environment with residential, storefront and commercial uses encouraged. This home currently features 3 bedrooms, 1.5 baths and was fully remodeled inside/out within the past few years to include new metal roofing, vinyl siding, Anderson windows, flooring, lighting, kitchen, baths and so much more! The main level offers an eat-in kitchen that is open to the dining room, large living room and a half bath. The second floor offers 3 bedrooms with plenty of storage areas in each and a full bath. Additionally there is a full unfinished basement, screened-in side porch and an open from deck that overlooks Gardner Park & Lake Memphremagog. You will be able to enjoy watching baseball & soccer games, ice-skating, skateboarding, playground, etc. from the comforts of your own home. Serviced by City water/sewer, oil hot air heat and access to Xfinity high-speed internet & cable. Whether your looking for a turnkey ready home or a highly visible & convenient location to open a business, this property has a lot of potential to offer for the price.

Last Agent to Sell the Property

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 11/20/2023

Last Buyer's Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 11/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 1900

Lot Details

  • 1.8 Acre Lot
  • Open Lot
  • Lot Sloped Up
  • Property is zoned Form 3

Parking

  • Gravel Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2.5-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Hard or Low Nap Flooring

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,817

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Contemporary, New Englander
  • Directions: From Exit #27 towards Newport. At the lights/intersection with Western Ave, turn left and follow to this property on the left. Across the street from Gardner Park.
  • Footprint: 24' x 28'
  • Suitable Use: Commercial, Mixed Use, Residential
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 246.6
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1900
  • Remarks Public: Package offering- Beautifully remodeled property on 1.8 acres of land that consists of 3 separate lots. Many uses/possibilities for this property; enjoy this single family home and large yard as it is now or build new on the additional two lots that are included. Situated in Form 3, the purpose of this zone is for a dense multi-purpose environment with residential, storefront and commercial uses encouraged. This home currently features 3 bedrooms, 1.5 baths and was fully remodeled inside/out within the past few years to include new metal roofing, vinyl siding, Anderson windows, flooring, lighting, kitchen, baths and so much more! The main level offers an eat-in kitchen that is open to the dining room, large living room and a half bath. The second floor offers 3 bedrooms with plenty of storage areas in each and a full bath. Additionally there is a full unfinished basement, screened-in side porch and an open from deck that overlooks Gardner Park & Lake Memphremagog. You will be able to enjoy watching baseball & soccer games, ice-skating, skateboarding, playground, etc. from the comforts of your own home. Serviced by City water/sewer, oil hot air heat and access to Xfinity high-speed internet & cable. Whether your looking for a turnkey ready home or a highly visible & convenient location to open a business, this property has a lot of potential to offer for the price.
  • List Agent: 22531
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Range - Electric, Refrigerator, Washer
  • Equipment: CO Detector, Smoke Detector
  • Features Accessibility: 1st Floor 1/2 Bathroom, 1st Floor Hrd Surfce Flr, Bathroom w/Tub, Hard Surface Flooring
  • Features Interior: Ceiling Fan, Dining Area, Kitchen Island, Kitchen/Dining, Laundry - Basement
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Full, Stairs - Interior, Unfinished
  • Level 1: Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room
  • Level 2: Level 2: Bedroom
  • Room 1: Kitchen, 12'6 x 13', On Level: 1
  • Room 2: Dining Room, 9'4 x 12'6, On Level: 1
  • Room 3: Living Room, 13'10 x 18'8, On Level: 1
  • Room 4: Bedroom, 10' x 12', On Level: 2
  • Room 5: 2, 11'6 x 11'10
  • Room 6: Bedroom, 9'7 x 10'2, On Level: 2
  • Sq Ft - Apx Finished AG: 1176
  • Sq Ft - Apx Total: 1848
  • Sq Ft - Apx Total Finished: 1176
  • Sq Ft - Apx Unfinished BG: 672

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Porch - Enclosed, Shed, Windows - Double Pane
  • Water Body Type: Lake
  • Water Body Name 2: Memphremagog Lake
  • Water View: Yes

Garage/Parking

  • Parking: Driveway

Utilities

  • Cable Company: Xfinity Available
  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Electric Company: VT Electric
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Internet - Cable, Telephone Available

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: 78408
  • Lot Acres: 1.8
  • Lot Description: Alternative Lots Avail, Lake View, Major Road Frontage, Mountain View, Open, Sloping, Street Lights, Trail/Near Trail
  • Owned Land: Yes
  • Surveyed: Unknown
  • Zoning: Form 3
  • Deed Book: 255
  • Deed Page: 328-329
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Year Notes: 2023-24
  • Tax Gross Amount: 2817.34
  • Tax Year: 2024

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
Dec 1, 2020
Sold by
Boisvert Linda and Shannon Helga
Bought by
Wan Emily Ye and Wan Wai C
Current Estimated Value
$270,780
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
Wan Emily Ye $140,000 --
Wan Emily Ye $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $290,000 -3.0% $247 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $299,000 -- $254 / 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 $2,709 $90,800 $38,400 $52,400
2023 $2,709 $90,800 $38,400 $52,400
2022 $2,708 $90,800 $38,400 $52,400
2021 $2,765 $90,800 $38,400 $52,400
2020 $2,603 $90,800 $38,400 $52,400
2019 $2,455 $90,800 $38,400 $52,400
2018 $2,459 $90,800 $38,400 $52,400
2016 $1,797 $62,700 $17,900 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4978276

PrimeMLS

APN: 435-136-16216