NOT LISTED FOR SALE

5729 Lake Rd Newport Center, VT 05857

Estimated Value: $322,000 - $399,000

3 Beds
2 Baths
1,624 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $270,000 $166 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,228/month

27 Days on Market

Highlights

  • Lake View
  • Wooded Lot
  • Log Cabin
  • 2 Acre Lot
  • Cathedral Ceiling
  • 1 Car Detached Garage

About This Home

As of December 2022

This affordable 3-bedroom home is on a great 2-acre lot with seasonal lake views, a wonderful back yard, both open and wooded. Offering an abundance of beautiful apple and hardwood trees with wildlife prancing about. The land and its location truly have something for everyone to enjoy, the back yard checks your safe for children and pets' box. The home was built in 1974 of a log product that is flat on both sides, the house has a new roof only 2 years old, the septic was just pumped, and the fuel tank was inspect this fall. There is a second bath with a walk-in shower in the works, at this point you could convert it back into a bedroom if you would prefer or finish to your liking. The living room features cathedral ceilings with exposed beams, a cozy wood burning fireplace, the kind that makes you want to start planning your holiday gatherings now. The primary bedroom also offering towering ceilings as well as opening into a large walk-in closet. Let's mention a garage and an attached storage shed. Close to Lake Memphremagog and Jay Peak, how fun is that. Don't miss-out. Book to LOOK! Showings begin Wednesday October 26-2022.

Last Agent to Sell the Property

Sharon Faust

Big Bear Real Estate License #082.0007706 Listed on: 10/21/2022

Last Buyer's Agent

Shannon Smith

Owl Mountain Properties License #081.0134124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1974

Lot Details

  • 2 Acre Lot
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot

Parking

  • 1 Car Detached Garage

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Log Cabin
  • Concrete Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Storage

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

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

Utilities

  • Heating System Uses Oil
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,964

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Log, Ranch
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 166.26
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1974
  • List Agent: 22514
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop - Gas, Dishwasher, Oven - Wall, Refrigerator
  • Features Interior: Cathedral Ceiling, Ceiling Fan, Fireplace - Wood, Hearth, Natural Light, Storage - Indoor, Laundry - Basement
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Full, Partially Finished
  • Level 1: Level 1: Bedroom, Level 1: Bath - Full, Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room
  • Basement Level Rooms: Level B: Bedroom, Level B: Utility Room
  • Room 1: Kitchen, On Level: 1
  • Room 2: Living Room, On Level: 1
  • Room 3: Dining Room, On Level: 1
  • Room 4: Living Room, On Level: 1
  • Room 5: 1
  • Room 6: Bedroom, On Level: 1
  • Room 7: Bedroom, On Level: 1
  • Room 8: Bedroom, On Level: Basement
  • Room 9: Utility Room, On Level: Basement
  • Sq Ft - Apx Finished AG: 1624
  • Sq Ft - Apx Finished BG: 800
  • Sq Ft - Apx Total: 3224
  • Sq Ft - Apx Total Finished: 2424
  • Sq Ft - Apx Unfinished BG: 800

Exterior Features

  • Construction: Log Home
  • Driveway: Paved
  • Exterior: Log Home, Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural

Garage/Parking

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

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Concrete, Private, Septic
  • Water: Drilled Well
  • Water Heater: Electric, Owned
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Utilities: Cable - Available, Telephone Available

Fee Information

  • Tax Class: Homestead

Lot Info

  • Lot Sq Ft: 87120
  • Lot Acres: 2
  • Lot Description: Country Setting, Lake View, Open, Wooded
  • Surveyed: Unknown
  • Zoning: Yes
  • Deed Book: 32 WD
  • Deed Page: 24-25

Tax Info

  • Tax Gross Amount: 3964.23
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 30, 2022
Sold by
Chagnon Candace
Bought by
Brake Jr. Clinton L and Smith Carolyn D
Seller's Agent
Sharon Faust
Big Bear Real Estate
Buyer's Agent
Shannon Smith
Owl Mountain Properties
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Views
29
Current Estimated Value
$352,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,792
Avg. Annual Appreciation
9.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brake Jr. Clinton L $270,000 --
Brake Jr. Clinton L $270,000 --
Brake Jr. Clinton L $270,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $270,000 -6.6% $166 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $289,000 +83.7% $178 / Sq Ft
11/06/2015 11/06/15 Sold $157,350 +1.5% $97 / Sq Ft View Prior Sale
10/07/2015 10/07/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $154,999 -- $95 / 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 $4,537 $199,800 $45,000 $154,800
2023 $3,922 $199,800 $45,000 $154,800
2022 $3,964 $199,800 $45,000 $154,800
2021 $4,105 $199,800 $45,000 $154,800
2020 $4,077 $199,800 $45,000 $154,800
2019 $3,932 $199,800 $45,000 $154,800
2018 $3,824 $199,800 $45,000 $154,800
2016 $3,610 $199,800 $45,000 $154,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4934514

PrimeMLS

APN: 438-137-10287