NOT LISTED FOR SALE

142 Gingerbread Point Rd Old Forge, NY 13420

Estimated Value: $2,296,000 - $4,125,975

5 Beds
2 Baths
1,800 Sq Ft
$1,681/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $500,000 $278 Per Sq Ft

Est. 505% increase in value since last sale

Current estimated payment $18,226/month

Highlights

  • Lake Front
  • 2.23 Acre Lot
  • Old Style Architecture
  • Docks
  • Wooded Lot
  • No HOA

About This Home

As of September 2017

The sandy beachfront and level frontage make swimming and recreating at this delightful home perfect for small children. Park your pontoon boat, wave runner and speed boat at the long dock and still have room to sit and enjoy the mountain views. Situated in it's own small cove, there is privacy and serenity from the flow of the lake traffic. Have breakfast on the screened porch and listen to the loons at night as they call to one another. On rainy days, there is room for games and activities in the family room; or sit by the fireplace in the living room reading a book if you prefer. The master bedroom has it's own kitchenette and bath, while the rest of the bedrooms and a bath are upstairs.

Last Agent to Sell the Property

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 06/22/2017

Timm Associates Sothebys International Realty

Last Buyer's Agent

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 06/22/2017

Timm Associates Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,939

Year Built

  • Built in 1940

Lot Details

  • 2.23 Acre Lot
  • Lake Front
  • Road Access Is Seasonal
  • Dirt Road
  • Wooded Lot

Parking

  • 1 Carport Space

Property Views

  • Lake
  • Mountain

Home Design

  • Old Style Architecture
  • Camp Architecture
  • Metal Roof
  • Shingle Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Outdoor Storage

Utilities

  • No Cooling
  • Heating System Uses Propane
  • 150 Amp Service
  • Dug Well
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 039.54-1-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,939

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.23
  • Road Frontage Type: Seasonal
  • Road Surface Type: Dirt
  • Water Body Name: Fourth Lake
  • Subdivision Name: None
  • Directions: Route 28 into Inlet or Old Forge. Take South Shore Road to Gingerbread Point and take the first right hand turn at sign.
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Camp, Old Style
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1940
  • Financial Details School Taxes: 1424.93
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1800.0
  • Basement:None3: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Wooded
  • View: Lake, Mountain(s), Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Cedar, Shingle Siding
  • Exterior Features: Dock, Storage
  • Other Structures: Boat House, Outbuilding
  • Patio And Porch Features: Porch, Screened
  • Roof: Metal
  • Lot Features:Wooded: Yes
  • Waterfront Features:Lake2: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Cedar: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Utilities: Internet Available
  • Water Source: Well Dug
  • Heating:Propane2: 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: Town of Webb UFSD

Lot Info

  • Lot Size Sq Ft: 97138.8
  • Parcel #: 039.54-1-5
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4938.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Sep 29, 2017
Sold by
Alan Groezinger Trust
Bought by
Frasier Jason
Seller's Agent
Dawn Timm
Timm Associates Sothebys International Realty
Buyer's Agent
Dawn Timm
Timm Associates Sothebys International Realty
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$3,025,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,525,325
Avg. Annual Appreciation
25.56%
Source: Public Records

Range of Values:

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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
Frasier Jason $500,000 John Dennis
Frasier Jason $500,000 John Dennis
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $500,000 -- --
09/29/2017 09/29/17 Sold $500,000 -4.8% $278 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $525,000 -- $292 / 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 $21,282 $1,755,200 $427,900 $1,327,300
2023 $20,971 $1,755,200 $427,900 $1,327,300
2022 $13,867 $1,627,700 $427,900 $1,199,800
2021 $11,616 $1,015,400 $427,900 $587,500
2020 $6,066 $731,700 $427,900 $303,800
2019 $4,939 $443,100 $367,600 $75,500
2018 $5,089 $443,100 $367,600 $75,500
2015 -- $442,500 $367,000 $75,500
2014 -- $442,500 $367,000 $75,500
Source: Public Records

Agents Affiliated with this Home

  • Dawn Timm

    Seller's Agent in 2017

    Dawn Timm

    Timm Associates Sothebys International Realty

    58 in this area

    90 Total Sales

    Dawn Timm
    Section Image

  • A

    Buyer Co-Listing Agent in 2017

    Amy Bolton

    Timm Associates Sothebys International Realty

    (315) 369-8903

    30 in this area

    49 Total Sales

    Amy Bolton
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 159970

APN: 215400-039-054-0001-005-000-0000

New York Herkimer County Old Forge 13420

142 Gingerbread Point Rd, Old Forge, NY

This home is located at 142 Gingerbread Point Rd, Old Forge, NY 13420 since 22 June 2017 and is currently estimated at $3,025,325, approximately $1,680 per square foot. This property was built in 1940. 142 Gingerbread Point Rd is a home located in Herkimer County with nearby schools including Town of Webb School.

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