by RH Advisors

See Home Value
Newport 05855
115 Prospect Street
Listed by: Joan Poutre, RE/MAX All Seasons Realty, Selling Office: Century 21 Farm & Forest, Listing Courtesy of Prime MLS
$235,000
● House - Off Market

115 Prospect Street

Newport City, VT 05855
bedrooms
5 Beds
bathrooms
5 Baths
square feet
2,812 Ft²
$384,331
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Home Business? Large Family?  Extended Family? Consider this Beautifully restored Vintage home currently run as a well established B & B. 4 guest rooms each with private bath as well as owners quarters with privacy. Minimalist Scandinavian design with established clientele fill a much needed niche in fast growing Vermont City of Newport. Situated close to Lake Memphremagog and central to all amenities including walking distance to the City dock, restaurants and Bike path. Well maintained with quality renovations and and newer mechanicals.  Make this a lifestyle change with income if you chose or just enjoy your family in a home with unlimited space and comfort.
Unit Size
2,812 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$92
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1900

Payment Calculator (Computations Provided by RealtyHop)

Cap Rate Calculator

Last updated: 3 years ago (Prime MLS #4718595)

Price History

Date / Event Date Event Price
May 5, 2025 In contract -
In contract
Dec 3, 2024 Price Decreased $325,000
↓ $33K (9.2%)
Price Decreased
Oct 2, 2024 Listed $358,000
Listed
Charming Historic Victorian Home nestled in the heart of Newport City! This former B&B has been restored to its former glory and is waiting for you. Space for everyone in this 4+ bedrooms, 5-bathroom home. First floor laundry off the kitchen along with a sunroom, bedroom and bath, living room with a wood burning fireplace. Upstairs you will find the remaining bedrooms and 3 bathrooms. Hardwood floors, propane and wood heating along with a spray foam insulation in the basement. Outside enjoy relaxing on the covered porches overlooking the perennial gardens and a 1 car + detached garage with a workshop space offers plenty of storage. This home has great income potential as an Airbnb, B&B, long term suite rentals or possibly even assisted living with a private entrance. Close to downtown shopping, Jay Peak Ski Resort, ATV/Snowmobile trails, hiking and surrounding lakes!
Jun 3, 2022 Sold
Sold
Feb 25, 2022 Listed by Sanville Real Estate, LLC $300,000
Listed by Sanville Real Estate, LLC
NEWPORT CITY - Former B&B, this completely restored Victorian has room for everyone. 4+ bedrooms, 5 bathrooms, kitchen with a ton of storage space, library, and more. Each bedroom has its own bathroom, and there's even an "inn-keeper's suite" with private staircase. Hardwood floors, newer propane heating system, sprayed-in insulation in basement. A bedrooms on the first floor as well as first-floor laundry for convenience. Many, many updates make this turn-key and move-in ready. Lovely landscaped 0.23 acre lot. 1 car detached garage.
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,130
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,489
  • Gross Building Area: 4,786
  • Building Area: 2,489
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,489
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HOUSE

Neighborhood

  • School District Name: North Country Supervisory Union
  • Census Tract: 951500

Zoning

  • Zoning: UR

Geography

  • Parcel: (136) 133129
  • Municipality: NEWPORT CITY
  • Latitude: 44.9327
  • Longitude: -72.2112

    Address

  • Full Address: 115 Prospect St
  • Address - House Number: 115
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: VT
  • City Name: Newport
  • Carrier Code: C001
  • 4-Digit Zip Code: 2027
  • Zip Code: 05855

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,900
  • Tax Rate Code Area: 136

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 55
  • Final Value: 233,900
  • High Value: 286,223
  • Low Value: 181,576

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $172,600
  • Assessed Land Value: $19,700
  • Assessed Improvements Value: $152,900

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 359159360
  • Previous Sale Recording Date: Oct 26, 2020
  • Previous Sale Contract Date: Oct 23, 2020
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newport


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Frequently Asked Questions

When was property at 115 Prospect Street built and last sold?
The property at 115 Prospect Street was built in 1900 and last sold on Jun 3, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 115 Prospect Street is $0.
What are some comparable homes to 115 Prospect Street?
There are currently no comparable homes to 115 Prospect Street.