NOT LISTED FOR SALE

130 Palisades E Old Forge, NY 13420

Estimated Value: $506,000 - $633,000

0.5 Acre
$1,151,566 Price per Acre
21,780 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $65,000

Est. 786% increase in value since last sale

Current estimated payment $3,217/month

872 Days on Market

About This Lot

As of June 2021

Wake up to a panoramic view of First Lake everyday from this mountaintop lot with selective clearing. Some of the nicest homes are being built at the top of Hollywood Hills just minutes from Old Forge. This 1/2 acre lot already has the driveway installed, septic percolation testing has been completed and it is ready to build on. Nicely buffered from Route 28, this sunny spot is perfect for a year round getaway. The view could be stunning from your deck on the front of the house.

Last Agent to Sell the Property

Dawn Timm

Listing by TIMM ASSOCIATES SOTHEBY'S License #31TI1011718 Listed on: 10/27/2018

TIMM ASSOCIATES SOTHEBY'S

Last Buyer's Agent

Dawn Timm

Listing by TIMM ASSOCIATES SOTHEBY'S License #31TI1011718 Listed on: 10/27/2018

TIMM ASSOCIATES SOTHEBY'S

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $222

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 270 x 80
  • Level Lot
  • Partially Wooded Lot

Parking

  • Stone Driveway

Additional Features

  • City Lot
  • Septic Needed

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 042.23-3-16

Property Details

Property Type

Land

Est. Annual Taxes

$222

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Webb-215400
  • Total Assessed Value: 21900
  • Development Status: Plan Approved, Site Planned
  • Land Features: Wooded - Partial
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 270
  • Lot Dimension Front: 80
  • Lot Information: City or Village
  • Lot Number: 16
  • Nearest Cross Street: State Rt 28
  • Possible Uses: Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 130000.00
  • Ratio List Price By Acres: 114000.00
  • Regional Board Code: Syracuse
  • School Tax: 65
  • Sub Board Code: Mohawk Valley
  • Type: Building Lot
  • Type of Sale: Normal
  • Lot Sq Ft: 21344
  • Directions To Property: From Utica, State Rt12N to Rt28N into Old Forge. Follow Rt28 to the summit. Turn right onto Palisades Road East and turn left. Property is on the right. Driveway is in so you can drive all the way up
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: Town
  • Number of Acres: 0.5000

Garage/Parking

  • Driveway Description: Stone/Gravel

Utilities

  • Utilities Available: Electric, Telephone
  • Waste Disposal: Septic Required
  • Water Supply: Well Required

Lot Info

  • Parcel Number: 042.23-3-16

Tax Info

  • Total Taxes: 222

MLS Schools

  • School District Name: Town of Webb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Apr 19, 2021
Sold by
Martin Matthew
Bought by
Colite Mark and Colite Rachel
Seller's Agent
Dawn Timm
TIMM ASSOCIATES SOTHEBY'S
Buyer's Agent
Dawn Timm
TIMM ASSOCIATES SOTHEBY'S
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Current Estimated Value
$575,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,783
Avg. Annual Appreciation
61.01%

Purchase Details

Closed on
Aug 20, 2007
Sold by
Wells Nancy G
Bought by
Martin Matthew

Purchase Details

Closed on
Dec 8, 2005
Sold by
Girard Beverly U
Bought by
Wells Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Colite Mark $65,000 None Available
Martin Matthew $42,000 Mark D Levitt
Wells Nancy $30,000 Robert S Demore
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 $65,000 -- --
07/14/2023 07/14/23 Off Market $65,000 -- --
06/01/2021 06/01/21 Sold $65,000 0.0% --
05/05/2021 05/05/21 Sold $65,000 +14.0% -- View Prior Sale
03/24/2021 03/24/21 Pending -- -- --
03/17/2021 03/17/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $57,000 -4.8% --
03/03/2020 03/03/20 For Sale $59,900 -7.8% --
02/15/2020 02/15/20 Off Market $65,000 -- --
02/19/2019 02/19/19 For Sale $59,900 -7.8% --
02/10/2019 02/10/19 Off Market $65,000 -- --
10/27/2018 10/27/18 For Sale $59,900 -7.8% --
04/25/2016 04/25/16 For Sale $65,000 -- --
Source: Mid New York Regional 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 $2,398 $186,200 $21,900 $164,300
2023 $772 $64,650 $21,900 $42,750
2022 $252 $21,900 $21,900 $0
2021 $251 $21,900 $21,900 $0
2020 $250 $21,900 $21,900 $0
2019 $244 $21,900 $21,900 $0
2018 $252 $21,900 $21,900 $0
2017 $248 $21,900 $21,900 $0
2016 $245 $21,900 $21,900 $0
2015 -- $21,900 $21,900 $0
2014 -- $21,900 $21,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1157084

Mid New York Regional MLS

APN: 215400-042-023-0003-016-000-0000