NOT LISTED FOR SALE

15 Circle St Saranac Lake, NY 12983

Estimated Value: $311,000 - $502,000

8 Beds
3 Baths
2,849 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $325,000 $114 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,617/month

Highlights

  • Neighborhood Views
  • Porch
  • Hot Water Heating System
  • Wood Frame Window
  • Storm Windows
  • High Speed Internet

About This Home

As of January 2021

Three unit apartment home in immaculate condition with remarkable tenants and an on site caretaker who keeps a watchful eye in exchange for a reduced rent. This is a perfect location in the Capital of the Adirondacks, Saranac Lake and a perfect, very well maintained building with reliable income. Many capital improvements have been made including spray foam, new 30 year roof, and renovation of apartments all while keeping the Historic Cure Cottage charm and Large usable porches that extend living spaces. just a few blocks from everything in Downtown Saranac Lake and the new multi use trail system that stretches from Lake Clear to Lake Placid. Enjoy hiking, biking, boating and all the year round outdoor fun the Adirondacks has to offer. Leases in place and financials available upon request. Coin operated washer/dryer in basement accessible to all via hallway.

Last Agent to Sell the Property

Julia Cotter

Say Real Estate License #10401202031 Listed on: 08/30/2020

Last Buyer's Agent

Julia Cotter

Say Real Estate License #10401202031 Listed on: 08/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1920

Lot Details

  • 3,485

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • 2,849 Sq Ft Home
  • Wood Frame Window
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Electric Oven
  • Electric Range
  • Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • No Garage
  • Gravel Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • High Speed Internet
  • Internet Available

Additional Features

  • Porch
  • 3,485 Sq Ft Lot

Community Details

  • Gross Income $40,800

Listing and Financial Details

  • Assessor Parcel Number 447.61-10-8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Lot Size: .08
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Take Bloomingdale Ave to marshal st bare left onto margaret and a quick right on to Circle st. 15 is 2nd house on the left.
  • Structure Type: Up & Down
  • Year Built: 1920
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Exhaust Fan, Freezer, Microwave, Oil Water Heater, Range Hood, Refrigerator, Washer
  • Other Equipment: Dehumidifier
  • Has Basement: Full, Unfinished
  • Interior Amenities: Apartment, High Speed Internet
  • Window Features: Storm Window(s), Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Apartment2: Yes
  • Appliances:Oil Water Heater: Yes

Exterior Features

  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Parking Features: Driveway, Gravel, No Garage
  • Parking Features:Driveway: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Free Standing Stove, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Free Standing Stove: Yes
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 447.61-10-8
  • Zoning: Mixed
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 40800.0
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 3886.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Finnigan Clint T and Simpson Louise J
Bought by
Cap Prop 15 Circle Llc
Current Estimated Value
$427,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$287,047
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,258

Purchase Details

Listed on
Aug 30, 2020
Closed on
Jan 21, 2021
Sold by
15 Circle Street Llc
Bought by
Finnigan Clint T and Simpson Louise J
Seller's Agent
Julia Cotter
Say Real Estate
Buyer's Agent
Julia Cotter
Say Real Estate
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$243,750
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2009
Sold by
Simon Claire
Bought by
15 Circle Street Llc

Purchase Details

Closed on
Jul 11, 2002
Sold by
Ford Vincent
Bought by
Simon Claire

Purchase Details

Closed on
Mar 1, 2001
Sold by
Demane H
Bought by
Ford Vincent
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
Cap Prop 15 Circle Llc $385,000 None Available
Finnigan Clint T $325,000 None Available
15 Circle Street Llc $132,500 Robert White
Simon Claire $102,500 Amy Smith
Ford Vincent $75,000 John T Wilkins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cap Prop 15 Circle Llc $300,000
Previous Owner Finnigan Clint T $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $325,000 -- --
01/29/2021 01/29/21 Sold $325,000 0.0% $114 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $325,000 -- $114 / 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 $4,211 $132,500 $13,100 $119,400
2023 $4,210 $132,500 $13,100 $119,400
2022 $4,051 $132,500 $13,100 $119,400
2021 $3,990 $132,500 $13,100 $119,400
2020 $3,861 $132,500 $13,100 $119,400
2019 $3,826 $132,500 $13,100 $119,400
2018 $3,743 $132,500 $13,100 $119,400
2017 $3,733 $132,500 $13,100 $119,400
2016 $3,546 $132,500 $13,100 $119,400
2015 -- $132,500 $13,100 $119,400
2014 -- $132,500 $13,100 $119,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 170494

APN: 164601-447-061-0010-008-000-0000