$230,000
SOLD SEP 25, 2024

152 Old Military Rd Lake Placid, NY 12946

3 Beds
1 Bath
1,104 Sq Ft
0.4 Acres

Recently Sold

$208 Per Sq Ft

11% Below List Price

Highlights

  • View of Trees or Woods
  • Ranch Style House
  • Living Room
  • Wood Burning Stove
  • Double Pane Windows
  • Laundry Room

About This Home

As of September 2024

THIS SHORT TERM RENTAL LAKE PLACID LOCATION HAS NO WAITING PERIOD AND NO LIMITIATIONS ON NUMBER OF RENTAL DAYS! Although the home needs some TLC and is need of some major repairs, this is a great chance to have your own Lake Placid home for your use while renting to offset costs. Only a lodging permit is required. Other locations in Lake Placid are under short term rental restrictions. The home is also just outside the village of Lake Placid so NO VILLAGE TAXES. Close to everything Lake Placid, the Olympic Training Center and the Adirondack Health Fitness Center are only a 1/4 mile away. Downtown Lake Placid, the Olympic Ski Jumps, and the new Adirondack Rail Trail, are about 1 mile away. This is a rare find and a great investment opportunity that is no longer readily available in the Lake Placid area.

Last Agent to Sell the Property

Matt Ellis

Coldwell Banker Whitbeck Assoc Tupper Lake License #10401272069 Listed on: 06/15/2024

Coldwell Banker Whitbeck Assoc Tupper Lake

Last Buyer's Agent

Matt Ellis

Coldwell Banker Whitbeck Assoc Tupper Lake License #10401272069 Listed on: 06/15/2024

Coldwell Banker Whitbeck Assoc Tupper Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1975

Lot Details

  • 0.4 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Few Trees
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Front Facing Garage

Property Views

  • Woods
  • Neighborhood

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Exterior
  • T111 Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • Wood Burning Stove
  • Double Pane Windows
  • Family Room
  • Living Room
  • Unfinished Basement
  • Block Basement Construction
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Septic Tank
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 42.74-3-11.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Directions: Please use GPS.
  • Above Grade Finished Sq Ft: 1104.0
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Structure Type: House
  • Year Built: 1975
  • Financial Details School Taxes: 558.0
  • Appliances Refrigerators: Yes
  • School Taxes Description: Actual
  • Room Types:Living Room2: Yes
  • Room Types:Laundry2: Yes
  • Room Types:Family Room2: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator, Washer/Dryer
  • Has Basement: No Inside Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Living Area: 1104.0
  • Window Features: Double Pane Windows
  • Basement:Unfinished: Yes
  • Appliances:Electric Range: Yes
  • Basement:No Inside Entry: Yes

Exterior Features

  • Lot Features: Back Yard, Few Trees, Front Yard, Level
  • View: Neighborhood, Trees/Woods
  • Waterfront: No
  • Construction Type: Block, T1-11
  • Exterior Features: None
  • Foundation Details: Block
  • Property Condition: Fixer
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:None5: Yes
  • Construction Materials:T1-11: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Faces Front

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Wood Stove
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Internet Available, Phone Available, Water Connected
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 42.74-3-11.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Tax Info

  • Tax Annual Amount: 1417.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Sep 13, 2024
Sold by
Barney Victoria and Watson Angie
Bought by
Ahmemulic Bekim
Seller's Agent
Matt Ellis
Coldwell Banker Whitbeck Assoc Tupper Lake
Buyer's Agent
Matt Ellis
Coldwell Banker Whitbeck Assoc Tupper Lake
List Price
$259,000
Sold Price
$230,000
Premium/Discount to List
-$29,000
-11.2%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.46%
Original Mortgage
$184,000
Outstanding Balance
$182,641
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$209,877
Source: Public Records

Similar Home in Lake Placid, NY

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    • Lake Placid, NY

    Location, Location, Location!Just a short walk to Lake Placid's iconic Main Street, with its charming shops, award winning restaurants and stunning views of Mirror Lake. This spacious home offers over 3000 sq ft of living space and overlooks both the historic Olympic Oval and the famed ski jumps-truly a front row seat to Lake Placid's Olympic legacy. Packed with potential, this property is ready

    Erin Sipowicz Howard Hanna

    Section Image

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 $230,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $449,000 -4.3% $407 / Sq Ft
06/17/2025 06/17/25 Price Changed $469,000 -5.3% $425 / Sq Ft
03/05/2025 03/05/25 For Sale $495,000 +10.2% $448 / Sq Ft
03/04/2025 03/04/25 Off Market $449,000 -- --
03/04/2025 03/04/25 For Sale $495,000 +115.2% $448 / Sq Ft
09/25/2024 09/25/24 Sold $230,000 -11.2% $208 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $259,000 -- $235 / 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 $1,449 $198,200 $98,500 $99,700
2023 $1,417 $183,500 $94,700 $88,800
2022 $1,850 $172,100 $72,500 $99,600
2021 $1,722 $135,600 $61,700 $73,900
2020 $1,280 $131,100 $49,500 $81,600
2019 $1,267 $134,300 $49,500 $84,800
2018 $1,240 $134,300 $49,500 $84,800
2017 $1,614 $162,500 $69,500 $93,000
2016 $1,610 $162,500 $69,500 $93,000
2015 -- $162,500 $69,500 $93,000
2014 -- $162,500 $69,500 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 202139

APN: 154089-042-074-0003-011-000-0000