NOT LISTED FOR SALE

6115 Lake Rd Newport Center, VT 05857

Estimated Value: $118,000 - $176,000

5.4 Acres
$25,569 Price per Acre
235,224 Sq Ft Lot

Last Sold January 21, 2022

Last sale price $90,000

Est. 53% increase in value since last sale

Current estimated payment $905/month

8 Days on Market

Highlights

  • Lake View
  • Wooded Lot
  • Open Lot
  • 5.4 Acre Lot

About This Lot

As of January 2022

Quality building lot with 5.4 acres of mainly wooded land that offers potential for spectacular views over Lake Memphremagog. The acreage is mainly sloping uphill with some level areas that would be ideal building locations atop the height of the land in-order to capture the panoramic views. The land has access via a shared right of way as well as direct access off from the Lake Road (paved). The sellers have cleared a small area for a house-site or septic location but one may want to clear a larger area to expose more views. No permits are in place for a septic at this time but the sellers did have positive perc test results completed years back. Currently the 6 acres is subdivided into three lots with 3 deeds and also offers the potential to build in the middle of the acreage for one large and private setting. Comcast/Xfinity high-speed internet and cable available roadside. Neighbors have spring rights on property. This parcel boasts some of the most amazing views in all of the Northeast Kingdom in both the USA & Canada and located a short drive to Jay Peak Resort (home to world class skiing, an indoor water park, 18 hole professional golf course, etc.) & boating access on Lake Memphremagog. All this and only 10 minutes to downtown Newport amenities, the hospital and I91. Enjoy an abundance of wildlife while relaxing soaking in all the that this property has to offer. For more information please contact the listing agent Ryan Pronto at Jim Campbell Real Estate (802)274-9149.

Last Agent to Sell the Property

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 12/11/2021

Last Buyer's Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 12/11/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,829

Lot Details

  • 5.4 Acre Lot
  • Southeast Facing Home
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot
  • 3 Lots in the community
  • Property is zoned Newport Center

Property Views

  • Lake
  • Mountain
  • Countryside Views

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Recreational Area
  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,829

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From Main St in downtown Newport, continue East onto the Lake Road. Follow for approx. 6 miles to the property on the left (just prior to the last home before the Canadian border).
  • Assessment Amount: 90000
  • Exposure: East, South
  • Price Per Sq Ft: 16666.67
  • Property Class: Land
  • Estimated Open Space Percent: 5
  • Remarks Public: Quality building lot with 5.4 acres of mainly wooded land that offers potential for spectacular views over Lake Memphremagog. The acreage is mainly sloping uphill with some level areas that would be ideal building locations atop the height of the land in-order to capture the panoramic views. The land has access via a shared right of way as well as direct access off from the Lake Road (paved). The sellers have cleared a small area for a house-site or septic location but one may want to clear a larger area to expose more views. No permits are in place for a septic at this time but the sellers did have positive perc test results completed years back. Currently the 6 acres is subdivided into three lots with 3 deeds and also offers the potential to build in the middle of the acreage for one large and private setting. Comcast/Xfinity high-speed internet and cable available roadside. Neighbors have spring rights on property. This parcel boasts some of the most amazing views in all of the Northeast Kingdom in both the USA & Canada and located a short drive to Jay Peak Resort (home to world class skiing, an indoor water park, 18 hole professional golf course, etc.) & boating access on Lake Memphremagog. All this and only 10 minutes to downtown Newport amenities, the hospital and I91. Enjoy an abundance of wildlife while relaxing soaking in all the that this property has to offer.
  • List Agent: 22531
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Public
  • Easements: Unknown
  • Water Body Type: Lake
  • Water Body Name 2: Memphremagog Lake
  • Water View: Yes

Utilities

  • Cable Company: Comcast/Xfinity @ Road
  • Electric: At Street
  • Sewer: On-Site Septic Needed
  • Water: On-Site Well Needed

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Orleans Essex North
  • Elementary School: Newport Center Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • Elementary School: Newport Center Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 235224
  • Lot Acres: 5.4
  • Lot Description: Country Setting, Lake View, Mountain View, Open, Recreational, Sloping, View, Water View, Wooded
  • Row Parcel Access: Yes
  • Row To Other Parcel: Yes
  • Surveyed: Yes
  • Surveyed By: Truline
  • Zoning: Newport Center
  • Total Lots: 3
  • Deed Book: 29WD
  • Deed Page: 507-511
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 1828.8
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 21, 2022
Sold by
Lavoie Francis E and Lavoie Jacqueline
Bought by
Canestrini Jean M and Nickerson Dennis A
Seller's Agent
Ryan Pronto
Jim Campbell Real Estate
Buyer's Agent
Ryan Pronto
Jim Campbell Real Estate
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$138,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,074
Avg. Annual Appreciation
12.33%
Source: Public Records

Range of Values:

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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
Canestrini Jean M $90,000 --
Canestrini Jean M $90,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $90,000 +0.1% --
12/19/2021 12/19/21 Pending -- -- --
12/11/2021 12/11/21 For Sale $89,900 -- --
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 $2,044 $129,000 $129,000 $0
2023 $1,767 $90,000 $90,000 $0
2022 $1,766 $90,000 $90,000 $0
2021 $1,829 $90,000 $90,000 $0
2020 $1,840 $90,000 $90,000 $0
2019 $1,798 $90,000 $90,000 $0
2018 $1,757 $90,000 $90,000 $0
2016 $1,659 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4893131

PrimeMLS

APN: 438-137-10704