NOT LISTED FOR SALE

12 Signal Hill Rd Lake Placid, NY 12946

Estimated Value: $926,000 - $1,743,000

4 Beds
3 Baths
3,575 Sq Ft
$359/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $550,000 $154 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $7,614/month

Highlights

  • View of Trees or Woods
  • No HOA
  • 2 Car Attached Garage
  • 0.7 Acre Lot
  • Enclosed Patio or Porch
  • Walk-In Closet

About This Home

As of April 2018

Location, Location, Location! Traditional Signal Hill Lake Placid home with over 3,500 sq. ft. of living space on two levels. Includes 4 bedrooms, 3 baths, large eat-in kitchen, formal dining room with oak pegged floors, living room with original hardwood floors and brick fireplace, large family room and study. Landscaped .70 acre double lot with attached 2 car garage. Within a few minutes walk to main street shops, restaurants and the Olympic Center. Great year round home with vacation rental property potential. Mountain views from the second level.

Last Agent to Sell the Property

Mark Adler

Merrill L. Thomas, Inc. Listed on: 01/25/2016

Last Buyer's Agent

Mark Adler

Merrill L. Thomas, Inc. Listed on: 01/25/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,582

Year Built

  • Built in 1952

Lot Details

  • 0.7 Acre Lot
  • Many Trees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Wood Siding

Interior Spaces

  • 3,575 Sq Ft Home
  • 1.5-Story Property
  • Fireplace Features Masonry
  • Insulated Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.127-2-7.013

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,582

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Lot Size: .70
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: From Saranac Ave. turn onto Victor Herbert Rd. Continue on then turn right at top of the hill onto Signal Hill Rd. Look for the 3rd house on the left #12.
  • Above Grade Finished Sq Ft: 3575.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1952
  • Financial Details School Taxes: 5233.0
  • Financial Details Village Taxes: 4476.0
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Range Hood, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 3575.0
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Few Trees, Many Trees
  • View: Mountain(s), Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating:Oil: Yes
  • Heating:Hot Water2: 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: 30492.0
  • Parcel #: 42.127-2-7.013
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13582.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 28, 2018
Sold by
Wilkins Rita D Est
Bought by
Lowndes Gregory W and Marrone Andrea M
Seller's Agent
Mark Adler
Merrill L. Thomas, Inc.
Buyer's Agent
Mark Adler
Merrill L. Thomas, Inc.
List Price
$629,900
Sold Price
$550,000
Premium/Discount to List
-$79,900
-12.68%
Current Estimated Value
$1,283,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733,316
Avg. Annual Appreciation
11.86%
Original Mortgage
$436,000
Outstanding Balance
$375,127
Interest Rate
4.46%
Mortgage Type
Unknown
Estimated Equity
$908,189

Purchase Details

Closed on
Jul 11, 2013
Sold by
Wilkins John
Bought by
Wilkins Rita
Source: Public Records

Range of Values:

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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
Lowndes Gregory W $550,000 --
Wilkins Rita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowndes Gregory W $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $550,000 -- --
04/06/2018 04/06/18 Sold $550,000 -12.7% $154 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $629,900 -- $176 / 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 $10,602 $805,000 $372,300 $432,700
2023 $10,623 $772,300 $358,000 $414,300
2022 $9,923 $639,360 $350,000 $289,360
2021 $6,690 $576,000 $330,000 $246,000
2020 $9,925 $561,800 $300,000 $261,800
2019 $9,812 $561,800 $300,000 $261,800
2018 $6,552 $565,400 $232,500 $332,900
2017 $10,838 $325,500 $274,500 $51,000
2016 $23,000 $718,600 $274,500 $444,100
2015 -- $718,600 $274,500 $444,100
2014 -- $718,600 $274,500 $444,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 155214

APN: 154001-042-127-0002-007-013-0000