NOT LISTED FOR SALE

16 7th Lake Rd Inlet, NY 13360

Estimated Value: $127,000 - $482,000

2 Beds
1 Bath
1,271 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $170,000 $134 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,469/month

138 Days on Market

Highlights

  • Lake Front
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Forced Air Heating System

About This Home

As of February 2024

Looking for an affordable, relaxing, Adirondack escape? This home checks all the boxes! Boasting one floor living with a full kitchen, living room, bath, laundry and two bedrooms. The level backyard is ideal for parties, cook outs, and recreation; or enjoy hours of outdoor relaxation. Spend your summers kayaking & canoeing on Seventh Lake with the town launch/water access right around the corner. The Public Boat Launch is also nearby. Close to biking, the trail system, and waters of the Adirondacks - Don't miss this great opportunity!

Last Agent to Sell the Property

Marian Gilligan

Listing by TIMM ASSOCIATES SOTHEBY'S License #10401309864 Listed on: 07/20/2023

TIMM ASSOCIATES SOTHEBY'S

Last Buyer's Agent

Non Member

Listing by Non Member Office License #nonlicensed

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1960

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 150x123
  • Lake Front
  • Rectangular Lot

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 60.013-7-7.100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1960
  • ResoLaundryFeatures: Main Level
  • Lot Features: Other, Rectangular, Residential Lot, See Remarks
  • Road Frontage Type: City Street
  • Water Body Name: Seventh Lake
  • Directions: From Old Forge, take NY-28 North into Inlet. Continue North past 6th Lake. At Drakes Hotel, bear left onto Seventh Lake Road. Property will be less than a quarter mile on the right.
  • Architectural Style: Ranch
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Eat-in Kitchen, Separate/Formal Living Room, Bedroom on Main Level, Main Level Primary
  • Unit Levels: One
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.42
  • Waterfront Features: Lake, Other, See Remarks
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Propane, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Inlet

Lot Info

  • Parcel Number: 60.013-7-7.100
  • Lot Dimensions: 150X123
  • Lot Size Sq Ft: 18295.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1202.0
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Jan 25, 2024
Sold by
Eberhard Eva M
Bought by
Brownsell Briana L
Seller's Agent
Marian Gilligan
TIMM ASSOCIATES SOTHEBY'S
Buyer's Agent
Non Member
Non Member Office
List Price
$239,500
Sold Price
$170,000
Premium/Discount to List
-$69,500
-29.02%
Views
73
Current Estimated Value
$250,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,332
Avg. Annual Appreciation
37.61%

Purchase Details

Closed on
Sep 25, 2015
Sold by
Pike David
Bought by
Schofield Timothy and Schofield Eberhard

Purchase Details

Closed on
Oct 22, 1999
Sold by
Baszner Robert
Bought by
Stratz Stephen J
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
Brownsell Briana L $175,500 None Available
Schofield Timothy $88,000 Timothy Schofield
Schofield Timothy $88,000 Timothy Schofield
Stratz Stephen J $32,000 George J Villiere
Stratz Stephen J $32,000 George J Villiere
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $170,000 -22.6% $134 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
10/04/2023 10/04/23 Price Changed $219,500 -4.4% $173 / Sq Ft
08/21/2023 08/21/23 Price Changed $229,500 -4.2% $181 / Sq Ft
07/19/2023 07/19/23 For Sale $239,500 -- $188 / Sq Ft
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 $1,181 $111,320 $28,448 $82,872
2023 $1,181 $111,320 $28,448 $82,872
2022 $1,096 $101,200 $28,448 $72,752
2021 $1,081 $88,000 $25,400 $62,600
2020 $1,087 $88,000 $25,400 $62,600
2019 $1,103 $88,000 $25,400 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1485758

Mid New York Regional MLS

APN: 202800-060-013-0007-007-100-0000