NOT LISTED FOR SALE

12 Patch Ln Lake Placid, NY 12946

Estimated Value: $452,000 - $713,000

4 Beds
2 Baths
1,200 Sq Ft
$504/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $430,000 $358 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,663/month

Highlights

  • Adirondack Architecture
  • 1 Fireplace
  • Neighborhood Views
  • Main Floor Primary Bedroom
  • No HOA
  • Baseboard Heating

About This Home

As of August 2020

Inputted for comp purposes

Last Agent to Sell the Property

Nick Politi

Merrill L. Thomas, Inc. License #10301205721 Listed on: 08/03/2020

Last Buyer's Agent

Nick Politi

Merrill L. Thomas, Inc. License #10301205721 Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Adirondack Architecture
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Neighborhood Views
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.18-1-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: 12 patch lane
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Adirondack
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1975
  • Financial Details School Taxes: 2800.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Primary Downstairs
  • Living Area: 1200.0
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Many Trees
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Roof: Asphalt
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Internet Available, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 42.18-1-22
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Aug 3, 2020
Sold by
Melinda S Preston Ret
Bought by
Hunter-Syed Abigail A and Syed Haider
Seller's Agent
Nick Politi
Merrill L. Thomas, Inc.
Buyer's Agent
Nick Politi
Merrill L. Thomas, Inc.
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$604,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,647
Avg. Annual Appreciation
6.75%
Original Mortgage
$344,000
Outstanding Balance
$305,152
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$299,495

Purchase Details

Closed on
Dec 19, 2013
Sold by
Preston Ralph
Bought by
Preston Melinda
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Hunter-Syed Abigail A $430,000 None Available
Hunter-Syed Abigail A $430,000 None Available
Preston Melinda -- --
Preston Melinda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter-Syed Abigail A $344,000
Closed Hunter-Syed Abigail A $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $430,000 -- --
08/03/2020 08/03/20 Sold $430,000 0.0% $358 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $430,000 -- $358 / Sq Ft
Source: Adirondack-Champlain Valley MLS

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 $5,586 $582,100 $156,700 $425,400
2023 $5,494 $539,000 $150,700 $388,300
2022 $5,432 $477,600 $143,500 $334,100
2021 $5,453 $430,000 $130,000 $300,000
2020 $4,686 $370,400 $115,000 $255,400
2019 $4,633 $377,200 $115,000 $262,200
2018 $4,556 $377,200 $115,000 $262,200
2017 $2,822 $238,300 $111,900 $126,400
2016 $2,810 $238,300 $111,900 $126,400
2015 -- $238,300 $111,900 $126,400
2014 -- $238,300 $111,900 $126,400
Source: Public Records

Agents Affiliated with this Home

  • Nick Politi

    Seller's Agent in 2020

    Nick Politi

    Merrill L. Thomas, Inc.

    (518) 524-7087

    14 in this area

    65 Total Sales

    Nick Politi
    Section Image
  • Hannah Torrance

    Buyer Co-Listing Agent in 2020

    Hannah Torrance

    Merrill L. Thomas, Inc.

    (518) 354-1407

    4 in this area

    12 Total Sales

    Hannah Torrance
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 170170

APN: 154089-042-018-0001-022-000-0000

New York Essex County Lake Placid 12946

12 Patch Ln, Lake Placid, NY

This home is located at 12 Patch Ln, Lake Placid, NY 12946 since 03 August 2020 and is currently estimated at $604,647, approximately $503 per square foot. This property was built in 1975. 12 Patch Ln is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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