NOT LISTED FOR SALE

5860 Lake Rd Newport Center, VT 05857

Estimated Value: $408,000 - $640,000

1 Bed
1 Bath
480 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold February 08, 2017

Last sale price $386,000 $804 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,425/month

1,298 Days on Market

Highlights

  • 692 Feet of Waterfront
  • 5.05 Acre Lot
  • Wooded Lot
  • Lake View
  • Secluded Lot
  • Cottage

About This Home

As of February 2017

Rare Find - 5.05 Acres with 692' of frontage on the shores of Lake Memphremagog. Site has water, power, sewer, a driveway, clearing and a small cottage that can be utilized while building your dream home! Cottage is sold Furnished. Frontage is great for boating and is weed free! Enjoy the finest of Lake Memphremagog which is an international, 31-mile long body of water. Boat to Magog or into Newport directly from this property. Lot is only a few miles from Down town Newport and about 25 minutes to Jay Peak Resort! Listed by Nicholas Maclure of Century 21 Farm & Forest.

Last Agent to Sell the Property

Nicholas Maclure

Century 21 Farm & Forest License #081.0004483 Listed on: 07/05/2013

Century 21 Farm & Forest

Last Buyer's Agent

Nicholas Maclure

Century 21 Farm & Forest License #081.0004483 Listed on: 07/05/2013

Century 21 Farm & Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,288

Year Built

  • Built in 2003

Lot Details

  • 5.05 Acre Lot
  • 692 Feet of Waterfront
  • Secluded Lot
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned Newport Town

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Cottage
  • Cabin
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Corrugated Roof
  • Metal Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Water Access

Schools

  • Newport Center Elementary School
  • North Country Union High Sch

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Private Water Source
  • Drilled Well
  • Tankless Water Heater
  • Liquid Propane Gas Water Heater
  • Septic Tank
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,288

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cabin, Cottage/Camp
  • Flood Zone: Unknown
  • Construction: Existing
  • Seasonal: Unknown
  • Total Stories: 1
  • Price Per Sq Ft: 804.17
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 2003
  • List Agent: 22563
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range - Gas, Refrigerator
  • Features Accessibility: 1st Floor 3/4 Bathroom
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Level 1: Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Primary Bedroom
  • Room 1: Kitchen, On Level: 1
  • Room 2: Dining Room, On Level: 1
  • Room 3: Living Room, On Level: 1
  • Room 7: Primary Bedroom, On Level: 1
  • Sq Ft - Apx Finished AG: 480
  • Sq Ft - Apx Total: 480
  • Sq Ft - Apx Total Finished: 480

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Gravel
  • Exterior: T1-11, Wood
  • Foundation: Post/Piers
  • Roads: Gravel, Shared
  • Roof: Corrugated, Metal
  • Water Body Access: Yes
  • Water Body Name: Memphremagog
  • Water Body Type: Lake
  • Water Frontage Length: 692
  • Water Body Access: Owned
  • Waterfront: Yes
  • Water View: Yes

Garage/Parking

  • Parking: Driveway
  • Garage Type: Under

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private, Septic
  • Water: Drilled Well, Private
  • Water Heater: Gas - LP/Bottle, On Demand, Tankless
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Air, Wall Furnace

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 219978
  • Lot Acres: 5.05
  • Lot Description: Country Setting, Lake View, Secluded, Sloping, View, Water View, Waterfront, Wooded
  • Row Parcel Access: Yes
  • Row To Other Parcel: Yes
  • Surveyed: Yes
  • Zoning: Newport Town
  • Deed Book: 24
  • Deed Page: 45
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 6288.16
  • Tax Year: 2012

MLS Schools

  • School District: North Country Supervisory Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2013
Closed on
Feb 8, 2017
Sold by
Franford Benjamin R and Franford Diane
Bought by
Grebenin Valerij
Seller's Agent
Nicholas Maclure
Century 21 Farm & Forest
Buyer's Agent
Nicholas Maclure
Century 21 Farm & Forest
List Price
$550,000
Sold Price
$386,000
Premium/Discount to List
-$164,000
-29.82%
Current Estimated Value
$528,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,414
Avg. Annual Appreciation
3.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grebenin Valerij -- --
Grebenin Valerij -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grebenin Valerij $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2017 02/08/17 Sold $386,000 -29.8% $804 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
07/05/2013 07/05/13 For Sale $550,000 -- $1,146 / 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 $7,735 $340,600 $309,500 $31,100
2023 $6,686 $340,600 $309,500 $31,100
2022 $6,685 $340,600 $309,500 $31,100
2021 $7,023 $340,600 $309,500 $31,100
2020 $6,965 $340,600 $309,500 $31,100
2019 $6,803 $340,600 $309,500 $31,100
2018 $6,650 $340,600 $309,500 $31,100
2016 $6,278 $340,600 $309,500 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4252552

PrimeMLS

APN: 438-137-10514