NOT LISTED FOR SALE

15 Mountain Ln Saranac Lake, NY 12983

Estimated Value: $221,000 - $416,000

4 Beds
2 Baths
1,544 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $205,000 $133 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,789/month

Highlights

  • View of Trees or Woods
  • Porch
  • Outdoor Storage
  • 1 Fireplace
  • Double Pane Windows
  • Landscaped

About This Home

As of February 2024

This duplex is a great investment property or starter home with immediate income. Each apartment is a 2 bedroom, 1 bath unit. Walking distance to downtown Saranac Lake makes this an ideal location. Only minutes to restaurants, parks, local shops, the college or the lakes. It has a brand new furnace, roof, bathroom updates and new front porch along with upgraded electric. This property is move in ready Very quiet, private location at a dead end street. The tenants are on a month to month basis with $1400 for each unit. Live in one and rent the other for income or rent both!

Last Agent to Sell the Property

Kathleen Fischer

Adirondack Premier Properties Berkshire Hathaway HomeService License #10301212438 Listed on: 06/17/2023

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Kira Witherwax

RE/MAX North Country License #10301214853

RE/MAX North Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,784

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Many Trees

Parking

  • 1 Car Garage
  • Driveway
  • 3 Open Parking Spaces

Property Views

  • Woods
  • Neighborhood

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,544 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Partial Basement
  • Electric Range

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 32.150-1-11.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,784

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Lot Size: .10
  • Road Frontage Type: Public
  • Subdivision Name: None
  • Directions: From Park Ave take a left onto Old Military Road then a left onto Mountain Lane. Property is on the left
  • Garage Yn: Yes
  • Structure Type: Side by Side
  • Year Built: 1900
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Range, Oil Water Heater, Refrigerator, Washer
  • Has Basement: Partial
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Apartment, High Speed Internet
  • Window Features: Double Pane Windows
  • Interior Features:High Speed Internet: Yes
  • Basement:Partial: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes
  • Appliances:Oil Water Heater: Yes

Exterior Features

  • Lot Features: Landscaped, Level, Many Trees
  • View: Neighborhood, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Lighting, Storage
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Composition
  • Lot Features:Level: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), 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

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 32.150-1-11.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 4784.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Feb 12, 2024
Sold by
Guck Joseph A and Guck Paula S
Bought by
Hand Jordan L
Seller's Agent
Kathleen Fischer
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Kira Witherwax
RE/MAX North Country
List Price
$224,995
Sold Price
$205,000
Premium/Discount to List
-$19,995
-8.89%
Views
221
Current Estimated Value
$250,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,701
Avg. Annual Appreciation
27.95%
Original Mortgage
$194,750
Outstanding Balance
$191,699
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$102,074

Purchase Details

Closed on
Aug 6, 2020
Sold by
Toohey Michael R
Bought by
Guck Joseph and Guck Paula S

Purchase Details

Closed on
Jul 19, 2019
Sold by
Hill Daniel F
Bought by
Guck Joseph A and Guck Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 31, 2005
Sold by
Bevilacqua Sabrina E
Bought by
Hill Daniel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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
Hand Jordan L $205,000 None Available
Guck Joseph $20,000 None Available
Guck Joseph A $120,000 --
Guck Joseph A $120,000 --
Guck Joseph A $120,000 --
Hill Daniel F $115,000 James M Brooks
Hill Daniel F $115,000 James M Brooks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hand Jordan L $194,750
Previous Owner Guck Joseph A $90,000
Previous Owner Hill Daniel F $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $205,000 -8.9% $133 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $224,995 -- $146 / 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 $5,499 $200,000 $30,500 $169,500
2023 $5,189 $190,500 $29,000 $161,500
2022 $4,458 $190,500 $29,000 $161,500
2021 $2,222 $125,800 $40,000 $85,800
2020 $3,834 $125,800 $40,000 $85,800
2019 $3,801 $125,800 $40,000 $85,800
2018 $2,103 $125,800 $40,000 $85,800
2017 $3,603 $125,800 $40,000 $85,800
2016 $3,666 $125,800 $40,000 $85,800
2015 -- $125,800 $40,000 $85,800
2014 -- $125,800 $40,000 $85,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 179021

APN: 154403-032-150-0001-011-000-0000