M
Seller's Agent in 2021
Michael Kreho
Engel & Volkers Lake Placid Real Estate
(518) 524-9516
4 in this area
19 Total Sales
11 Patch Ln Lake Placid, NY 12946
Estimated Value: $559,000 - $771,000
3
Beds
2
Baths
1,272
Sq Ft
$526/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Corner Lot
- Covered Patio or Porch
- View of Trees or Woods
- No HOA
- 1 Car Attached Garage
About This Home
As of December 2021This beautiful Lake Placid home is ready to entertain. Many new updates have been completed creating a clean modern feel inside. The bright new kitchen is a must see with stainless steel appliances, beautiful cabinets, granite countertops, subway tile backsplash, and a large farmhouse sink. From the elegant living room you look out the new windows to a covered porch or into the spacious dining room with a new sliding glass door that leads to a deck that overlooking the backyard, pool, and fire pit. On the upper level, there are three bedrooms and a full bathroom. There is hand scraped bamboo flooring in the living room, dining room, and bedrooms. From the driveway, you can enter the home into a large foyer/mud room with a tiled floor and a connected full second bathroom. Head down to the lower level, and there is a beautifully finished family room and an additional bonus room/office. This home is situated on a great 1 acre corner lot just a few minutes from the Village of Lake Placid.
Last Agent to Sell the Property
Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401225544 Listed on: 08/23/2021
Last Buyer's Agent
Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401225544 Listed on: 08/23/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,750
Year Built
- Built in 1985
Lot Details
- 1.06 Acre Lot
- Corner Lot
- Many Trees
Parking
- 1 Car Attached Garage
- Parking Deck
- Driveway
Property Views
- Woods
- Neighborhood
Home Design
- Split Level Home
- Wood Siding
- Stone Siding
Interior Spaces
- 1,272 Sq Ft Home
- Insulated Windows
- Finished Basement
Kitchen
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Above Ground Pool
- Covered Patio or Porch
Utilities
- No Cooling
- Heating Available
- 200+ Amp Service
- Septic Tank
- High Speed Internet
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 42.18-1-9.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 14, 2024
Sold by
Chin Melissa and Assaro John N
Bought by
Assaro John
Current Estimated Value
Purchase Details
Listed on
Aug 23, 2021
Closed on
Dec 13, 2021
Sold by
Costa Jamie M
Bought by
Chin Melissa A and Assaro John N
Seller's Agent
Michael Kreho
Engel & Volkers Lake Placid Real Estate
Buyer's Agent
Michael Kreho
Engel & Volkers Lake Placid Real Estate
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$400,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 21, 2020
Sold by
Buffa Bradley J and Costa Jamie M
Bought by
Costa Jamie M
Purchase Details
Listed on
Nov 21, 2014
Closed on
Jan 23, 2015
Sold by
Latella Brian
Bought by
Costa Jamie and Costa Buffa
Seller's Agent
Carolyn Donatello
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Carolyn Donatello
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$320,000
Sold Price
$320,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$0
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Oct 30, 2013
Closed on
Jul 29, 2014
Sold by
Knapp Philip
Bought by
Latella Brian
Seller's Agent
Nick Politi
Merrill L. Thomas, Inc.
Buyer's Agent
Nick Politi
Merrill L. Thomas, Inc.
List Price
$299,000
Sold Price
$294,000
Premium/Discount to List
-$5,000
-1.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.31%
Original Mortgage
$264,600
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 1998
Sold by
Douglas Wilson
Bought by
Knapp Philip
Purchase Details
Closed on
Jul 25, 1994
Sold by
Pedu Jeffrey and Pedu Katherin
Bought by
Douglas Wilson
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Assaro John | -- | None Available | |
| Assaro John N | -- | None Available | |
| Assaro John N | -- | None Available | |
| Chin Melissa A | $500,000 | None Available | |
| Chin Melissa | $500,000 | None Available | |
| Chin Melissa A | $500,000 | None Available | |
| Chin Melissa A | $500,000 | None Available | |
| Costa Jamie M | -- | None Available | |
| Costa Jamie | $320,000 | Jenifer R Briggs | |
| Costa Jamie | $320,000 | Jenifer R Briggs | |
| Latella Brian | $294,000 | Janet Bliss | |
| Latella Brian | $294,000 | Janet Bliss | |
| Knapp Philip | $119,000 | -- | |
| Knapp Philip A | $119,000 | -- | |
| Douglas Wilson | $131,000 | -- | |
| Douglas Wilson H | $131,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chin Melissa A | $400,000 | |
| Previous Owner | Costa Jamie | $0 | |
| Previous Owner | Latella Brian | $264,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/12/2023 08/12/23 | Off Market | $500,000 | -- | -- | |
| 08/12/2023 08/12/23 | Off Market | $294,000 | -- | -- | |
| 08/12/2023 08/12/23 | Off Market | $320,000 | -- | -- | |
| 07/14/2023 07/14/23 | Off Market | $320,000 | -- | -- | |
| 12/20/2021 12/20/21 | Sold | $500,000 | -9.1% | $393 / Sq Ft | |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- | |
| 08/23/2021 08/23/21 | For Sale | $550,000 | +71.9% | $432 / Sq Ft | |
| 01/23/2015 01/23/15 | Sold | $320,000 | 0.0% | $188 / Sq Ft | View Prior Sale |
| 01/09/2015 01/09/15 | Pending | -- | -- | -- | |
| 11/21/2014 11/21/14 | For Sale | $320,000 | +8.8% | $188 / Sq Ft | |
| 07/31/2014 07/31/14 | Sold | $294,000 | -1.7% | $231 / Sq Ft | View Prior Sale |
| 10/30/2013 10/30/13 | Pending | -- | -- | -- | |
| 10/30/2013 10/30/13 | For Sale | $299,000 | -- | $235 / Sq Ft |
Source: Adirondack-Champlain Valley MLS
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 | $5,857 | $600,400 | $157,400 | $443,000 |
| 2023 | $5,631 | $552,500 | $151,400 | $401,100 |
| 2022 | $4,884 | $472,500 | $144,200 | $328,300 |
| 2021 | $4,301 | $339,200 | $130,700 | $208,500 |
| 2020 | $4,708 | $335,800 | $115,600 | $220,200 |
| 2019 | $4,571 | $329,500 | $115,600 | $213,900 |
| 2018 | $4,411 | $329,500 | $115,600 | $213,900 |
| 2017 | $4,404 | $320,000 | $110,400 | $209,600 |
| 2016 | $4,379 | $320,000 | $110,400 | $209,600 |
| 2015 | -- | $320,000 | $110,400 | $209,600 |
| 2014 | -- | $313,300 | $124,300 | $189,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kreho
-
Steve Detwiler
Buyer Co-Listing Agent in 2021
Steve Detwiler
Merrill L. Thomas, Inc.
(518) 570-7427
2 in this area
12 Total Sales
-
Carolyn Donatello
C
Seller's Agent in 2015
Carolyn Donatello
Adirondack Premier Properties Berkshire Hathaway HomeService
(518) 524-0537
6 Total Sales
-
L
Buyer Co-Listing Agent in 2015
Linda O'Leary
Adirondack Premier Properties Berkshire Hathaway HomeService
-
Nick Politi
Seller's Agent in 2014
Nick Politi
Merrill L. Thomas, Inc.
(518) 524-7087
12 in this area
57 Total Sales
Map
Source: Adirondack-Champlain Valley MLS
MLS Number: 174436
APN: 154089-042-018-0001-009-000-0000
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