$450,000
SOLD DEC 5, 2024

125 Greenwood St Unit 7 Lake Placid, NY 12946

2 Beds
1.5 Baths
756 Sq Ft
$566/mo HOA Fee

Recently Sold

$595 Per Sq Ft

6% Below List Price

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • Porch
  • 5-minute walk to Mid's Park

About This Home

As of December 2024

Welcome to 125 Greenwood Street, Unit #7 a charming 756-square-foot townhouse that offers a delightful blend of Adirondack ambiance, comfort, and a steady rental history. Nestled in the heart of the Olympic Village of Lake Placid, this property promises a serene retreat in a vibrant community.

Property Highlights:
Adirondack Ambiance: As you step inside, you'll be greeted by the distinctive Adirondack charm that permeates the townhome. Custom wood railings and kitchen cabinets seamlessly combine rustic aesthetics with modern comforts.

Cozy Living Space: The main floor invites you to relax and unwind in the cozy living room, complete with an inviting gas fireplace. It's the perfect spot for quiet evenings or gatherings with friends and family.

Open Floor Plan: An open floor plan ensures that conversation flows effortlessly, making it easy to entertain guests and create unforgettable memories.

Prime Location: Enjoy the convenience of being mere steps away from the lively shopping and dining scene on Main Street. Alternatively, take a leisurely stroll through nearby Teddy Bear Park.

Effortless Living: This townhouse comes fully furnished, combining charm with practicality. Additional storage is just steps from your front door, and a communal washer and dryer enhance your convenience.

Low Maintenance Lifestyle: The homeowners' association (HOA) takes care of essential tasks, including trash removal, building maintenance, snow removal, and lawn care. This means you can fully embrace the leisurely Adirondack lifestyle.

Investment Potential: This property has a great rental history, making it an ideal second home with the potential to apply for a short-term rental permit. Your investment could become an income-producing asset.

Your Lake Placid Retreat Awaits:
With its efficient design, exceptional location, and a perfect blend of modern comfort and Adirondack allure, this townhouse offers the epitome of Lake Placid living.

Last Agent to Sell the Property

Brooks Reynolds

The Reynolds Group of Lake Placid, LLC License #10491209143 Listed on: 09/12/2024

Last Buyer's Agent

Susan Babcock

Engel & Volkers Lake Placid Real Estate License #10401255357

Engel & Volkers Lake Placid Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,328

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Private Entrance
  • Few Trees

HOA Fees

  • Property has a Home Owners Association

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 756 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 200+ Amp Service
  • Propane
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 41.142-4-11.000/7

Community Details

Overview

  • Pine Lodge Condos Subdivision

Additional Features

  • Laundry Facilities
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,328

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Subdivision Name: Pine Lodge Condos
  • Directions: Turn onto Greenwood Street from Hillcrest and Pine Lodge will be on the right. Access to the unit is from the driveway on the Left.
  • Above Grade Finished Sq Ft: 756.0
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Townhouse
  • Year Built: 2006
  • Financial Details School Taxes: 1205.86
  • Financial Details Village Taxes: 1002.72
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Room Types:Living Room2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: High Speed Internet
  • Living Area: 756.0
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Basement:None3: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Lot Features: Few Trees, Level
  • Waterfront: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Property Condition: Updated/Remodeled
  • Roof: Metal
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Door Features:Storm Door(s): Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Cedar: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, No Garage
  • Parking Features:Driveway: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Internet Available, Sewer Connected, Water Connected, Propane
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee: 566.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 16988.4
  • Parcel #: 41.142-4-11.000/7
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Annual Amount: 4327.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Closinski Douglas
Bought by
3 Cpm Llc
Current Estimated Value
$374,871

Purchase Details

Closed on
Jul 17, 2013
Sold by
Zerrahn Michael P
Bought by
Voss Julie A

Purchase Details

Closed on
Jun 16, 2008
Sold by
Pine Lodge Llc
Bought by
Zerrahn Michael P
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $233,000 None Available
Deed $295,000 --
Deed $278,500 Gary Favro
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $450,000 -6.1% $595 / Sq Ft
09/12/2024 09/12/24 Price Changed $479,000 0.0% $634 / Sq Ft
09/12/2024 09/12/24 For Sale $479,000 -2.0% $634 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $489,000 -- $647 / 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 $4,397 $235,116 $0 $235,116
2023 $3,031 $217,700 $0 $217,700
2022 $2,948 $184,500 $0 $184,500
2021 $2,143 $184,500 $0 $184,500
2020 $3,259 $184,500 $0 $184,500
2019 $3,222 $184,500 $0 $0
2018 $2,138 $184,500 $0 $0
2017 $3,667 $208,875 $10,500 $198,375
2016 $3,659 $208,875 $10,500 $198,375
2015 -- $208,875 $10,500 $198,375
2014 -- $208,875 $10,500 $198,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 201917

APN: 154001-042-142-0004-011-000-0007