120 Pepin Drive, #B 2, Newport City, VT, 05855 | $325,000

Luxury town house on 3 levels overlooking Lake Memphremagog and downtown Newport including a great view of St. Mary's. Covered porches on both the front and the back. 4 zone baseboard hot water heat. Mini splits on 2 levels. Primary bedroom on the 2nd floor with study and full bath with tub and separate shower. 1st floor bedroom with private 3/4 bath. 9 foot ceilings throughout. Gas fireplace/entertainment center in great room. 2 car heated garage. Laundry room on 1st floor. Pepin Drive is a city street. High end finishes throughout including granite kitchen with stainless. Granite baths with ceramic tile floors. Easy drive to both Burke Mountain and Jay Peak. Great views from this home of Jay Peak too. Walking distance to Newport Country Club.

Features

  • Heating: Propane,Baseboard
  • Cooling: Mini Split
  • Amenities: Master Insurance,Landscaping,Snow Removal,Trash Removal
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 1 full / 1 three-quarter / 1 half
  • Complex: Mt. Vernon Estates
  • Year Built: 2008
  • Approx Sq. Feet: 1,797
  • Acreage: 0.13
  • Est. Taxes: $8,559
  • Lot Desc: Deed Restricted,In Town,Near Country Club,Near Golf Course,Near Shopping,Near Hospital
  • Elem. School: Newport City Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • School District: North Country Supervisory Union
  • MLS#: 5006621
  • Website: https://www.raveis.com
    /prop/5006621/120pepindrive_newportcity_vt?source=qrflyer
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Listing courtesy of Conley Country Real Estate & Insurance   Phone: 802-766-2401
Listing Agent: Michael Conley

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NMLS Mortgage Loan Originator ID 793093

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Brian.Skelly@raveis.com

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120 Pepin Drive, #B 2, Newport City, VT, 05855

$325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $260,000 $260,000 $260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $713 $713 $713
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,730 $1,728 $2,229
Total Monthly Payment $2,518 $2,516 $3,017

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.