new - 16 hours on rocket

123 Lake Rd, Newport City, VT, 05855

$270,000

Home List Price

$3,206*

Closing Credit

3 Bedrooms
1 Full Bath
1,326 SqFt
$204/SqFt
House

Location

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123 Lake Rd, Newport$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage1 space
Year Built1880
HeatingOil
CoolingNone
BasementYes
MLS #5023006
Lot Size0.30 Acres
StatusActive

About 123 Lake Rd

Welcome to this bright city home overlooking Lake Memphremagog! This 1880's house was completely gutted to the studs in 2020 and brought back to life with new wiring, boiler, oil tank, water heater, insulation, drywall, windows and flooring. Relax and take in the view from the front covered porch with beautiful wood ceiling. The spacious kitchen is large enough for dining and flows nicely into the living area with recessed lighting and bay view window looking onto the bay. Upstairs are three bedrooms and a fully renovated bath. There is a one-car detached garage and plenty of storage in the unfinished basement. Vinyl siding and newer roof add to this low-maintenance property that is just a short walk to all of Newport City's amenities. This property is worth a look.

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Stories: 2
  • Living Area: 1,326 SqFt

Listing Office:

  • Office Name: Century 21 Farm & Forest
  • Office Phone: (802) 334-1200
  • Listing Agent: David Kennison

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior: Dining Area, Laundry Hook-ups, Living/Dining, Laundry - Basement

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Oil
  • Cooling: None

Other

Directions Information:

  • Directions: From Newport City, Take Lake Rd and look for home on your left around the first bend. See sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000
  • Price Per SqFt: $204/SqFt
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Housing Market Comparison

See how this home compares to others in Newport, VT.

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Newport, VT

City

Med. List Price

$297K

Med. Price/SqFt

$178

Avg. Days On Market

71

# of Sold Homes

2

123 Lake Rd vs Newport

1 DAY ON ROCKET

-70 Days

$270,000

-$27K Less

$204/SqFt

+$25 More

KEY TAKEAWAY

This property is $27K less than the Median List Price and $25/SqFt more than other homes in Newport, VT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #5023006

Listing Office:

  • Office Name: Century 21 Farm & Forest
  • Office Phone: (802) 334-1200
  • Listing Agent: David Kennison

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-830951
3
/10

  • Newport City Elementary School

  • 166 Sias Ave

  • 1.45 miles

  • Public District Grades PK-6

school-card-donut-830952
3
/10

  • Newport Town School

  • 4212 VT Route 105

  • 4.52 miles

  • Public District Grades PK-6

school-card-donut-830953
4
/10

  • Derby Elementary School

  • 907 Elm St

  • 6.70 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,495. Typical income of Newport, VT residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 123 Lake Rd

What is the listing price of this property?

The listing price of 123 Lake Rd property is $270,000.

What type of property is this?

The property 123 Lake Rd is a house located in Newport City, Vermont, 05855.

Is this property for sale now?

Active Listing: 123 Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 123 Lake Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 123 Lake Rd is 1,326 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 123 Lake Rd is 1880.

Rocket Homes›Vermont›Orleans County›Newport›05855›123 Lake Rd

This home is located at 123 Lake Rd in Newport City, VT and zip code 05855. This 1,326 square foot home, which was built in 1880, sits on a 0.30 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $270,000.

Between September 2024 and October 2024, Newport, VT real estate market has seen increase in the number of listings by 75%. Listings spent 71 days on the market in October 2024, and had a median list price of $297,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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