NOT LISTED FOR SALE

5720 Lake Rd Newport Center, VT 05857

Estimated Value: $1,024,000 - $1,581,000

4 Beds
3.5 Baths
4,300 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $550,000 $128 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $8,128/month

15 Days on Market

Highlights

  • 154 Feet of Waterfront
  • Lake View
  • Deck
  • Deep Water Access
  • 5.4 Acre Lot
  • Contemporary Architecture

About This Home

As of July 2018

Spectacular lakefront home at an incredible price. Huge rooms. Crystal clear deep water for boating and swimming. Dive from deck into 15 feet of water. Huge maples covering the lot. Shared leech field. Being sold as is. Immaculate condition, but roof is showing age. 3 story turret. Cherry floors. Walk out lower level. Privacy and lake front living combined. Minutes to Jay Peak.

Last Agent to Sell the Property

Michael Conley

Conley Country Real Estate & Insurance License #081.0002155 Listed on: 05/10/2018

Last Buyer's Agent

Tina Leblond

Big Bear Real Estate License #081.0002638

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 5.4 Acre Lot
  • 154 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Lot Sloped Up
  • Garden

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Gravel Driveway
  • Shared Driveway

Property Views

  • Lake
  • Mountain
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Cathedral Ceiling
  • Gas Fireplace
  • Open Floorplan
  • Dining Area
  • Laundry on upper level

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deep Water Access
  • Mooring
  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Radiant Heating System
  • Drilled Well
  • Shared Sewer

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Contemporary
  • Directions: Go north on the Lake Road from Newport City almost to the border. When the road changes from pavement to gravel, it is about 1/5 mile further. "5720" is on the mail box, and my for sale sign is beside the road. Go down that driveway and curve to the left.
  • Flood Zone: Unknown
  • Footprint: 85 x 37
  • Assessment Amount: 825400
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Total Stories: 2
  • Plan Survey Number: 238-87
  • Price Per Sq Ft: 127.91
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2000
  • List Agent: 22538
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range Hood, Oven - Double, Range - Gas, Refrigerator
  • Features Interior: Cathedral Ceiling, Dining Area, Fireplace - Gas, Kitchen/Dining, Kitchen/Living, Primary BR w/ BA, Natural Woodwork, Wet Bar, Whirlpool Tub, Laundry - 2nd Floor
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Carpet, Hardwood
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Concrete Floor, Daylight, Finished, Full
  • Level 1: Level 1: Kitchen - Eat-in, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Primary Bedroom, Level 2: Office/Study
  • Basement Level Rooms: Level B: Bedroom, Level B: Family Room
  • Room 1: Kitchen - Eat-in, 36 x 21, On Level: 1
  • Room 2: Living Room, 32 x 30, On Level: 1
  • Room 3: Family Room, 32 x 30, On Level: Basement
  • Room 4: Primary Bedroom, 19 x 19, On Level: 2
  • Room 5: 2, 15 x 13
  • Room 6: Bedroom, 15 x 15, On Level: 2
  • Room 7: Bedroom, 18 x 25, On Level: Basement
  • Room 8: Office/Study, On Level: 2
  • Sq Ft - Apx Finished AG: 4300
  • Sq Ft - Apx Finished BG: 1000
  • Sq Ft - Apx Total: 5450
  • Sq Ft - Apx Total Finished: 5300
  • Sq Ft - Apx Unfinished BG: 150

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Gravel, Right-Of-Way (ROW)
  • Exterior: Wood, Wood Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Gravel, Public, Unpaved
  • Roof: Shingle - Architectural
  • Easements: Yes
  • Features Exterior: Boat Mooring, Deck, Garden Space, Outbuilding, Porch - Covered
  • Water Body Access: Yes
  • Water Body Name: Lake Memphremagog
  • Water Body Type: Lake
  • Water Frontage Length: 154
  • Water Access Details: Deep Water Access
  • Water Body Access: Owned
  • Waterfront: Yes
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached
  • Garage: Yes
  • Garage Description: Auto Open, Heated

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Pump Up, Shared
  • Water: Drilled Well
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Radiant
  • Cooling: Central AC
  • Electric Company: Vt Electric

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Newport Town School
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 235224
  • Land Gains: To Be Determined
  • Lot Acres: 5.4
  • Lot Description: Country Setting, Deep Water Access, Lake Frontage, Lake View, Landscaped, Mountain View, Water View, Waterfront
  • Row Parcel Access: Yes
  • Row To Other Parcel: Yes
  • Surveyed: Yes
  • Surveyed By: Blais
  • Zoning: yes
  • Deed Book: 8
  • Deed Page: 262-3
  • Deed Recorded Type: Foreclosure

Tax Info

  • Tax Gross Amount: 15677.65
  • Tax Year: 2017

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $550,000 +0.2% $128 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $549,000 0.0% $128 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $549,000 -- $128 / 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 $17,821 $649,300 $204,500 $444,800
2023 $12,683 $649,300 $204,500 $444,800
2022 $12,819 $646,100 $204,500 $441,600
2021 $13,274 $646,100 $204,500 $441,600
2020 $13,184 $646,100 $204,500 $441,600
2019 $12,716 $646,100 $204,500 $441,600
2018 $16,114 $825,400 $261,700 $563,700
2016 $14,912 $825,400 $261,700 $563,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Conley

    Seller's Agent in 2018

    Michael Conley

    Conley Country Real Estate & Insurance

    (802) 578-8074

    8 in this area

    136 Total Sales

    Michael Conley
    Section Image
  • Tina Leblond

    Buyer's Agent in 2018

    Tina Leblond

    Big Bear Real Estate

    (802) 598-1458

    22 in this area

    149 Total Sales

    Tina Leblond
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4691814

PrimeMLS

APN: 438-137-10073

Vermont Orleans County Newport Center 05857

5720 Lake Rd, Newport Center, VT

Not Listed for Sale

Detached

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