NOT LISTED FOR SALE

163 Park Ave Saranac Lake, NY 12983

12 Beds
6 Baths
5,985 Sq Ft
7,841 Sq Ft Lot

Last Sold November 28, 2012

Last sale price $196,000 $33 Per Sq Ft

Highlights

  • Neighborhood Views
  • Hot Water Heating System
  • Wood Siding
  • Porch
  • Level Lot

About This Home

As of November 2012

Large two bedroom apartments each with enclosed porches. Insulated building with updated electric and mostly new windows. Requires minimal maintenance and has income potential as rents appear to be below market for similar units. The property has a coin operated washer and dryer that generates approximately $600-800 per year.

Last Agent to Sell the Property

Wayne Feinberg

S. Curtis Hayes Inc. License #30FE0574393 Listed on: 04/24/2012

Last Buyer's Agent

Wayne Feinberg

S. Curtis Hayes Inc. License #30FE0574393 Listed on: 04/24/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1935

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 94 x 90
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 5,985 Sq Ft Home
  • Insulated Windows
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Parking

  • 9 Open Parking Spaces
  • No Garage

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Underground Utilities
  • 100 Amp Service
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Gross Income $46,200

Listing and Financial Details

  • Assessor Parcel Number 447.61-2-11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,315

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: 94 x 90
  • Road Frontage Type: Public
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Apartment house is on Park Ave at the corner of Park Lane - It is in front of you when you go from Circle Street onto Park Avenue
  • Year Built: 1935
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Oven, Electric Range, Oil Water Heater, Refrigerator
  • Has Basement: Full, Unfinished
  • Interior Amenities: Apartment
  • Window Features: Insulated Windows
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes
  • Appliances:Oil Water Heater: Yes

Exterior Features

  • Lot Features: Level
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Cedar, Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Composition
  • Lot Features:Level: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes

Fee Information

  • Trash Expense: 1093.53

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 447.61-2-11
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Annual Gross Income: 46200.0
  • Insurance Expense: 2062.0
  • Number Of Units Leased: 6
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 5315.0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $196,000 -- --
11/28/2012 11/28/12 Sold $196,000 -14.4% $33 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $229,000 -- $38 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    Wayne Feinberg

    S. Curtis Hayes Inc.

    (518) 524-2351

    10 in this area

    13 Total Sales

    Wayne Feinberg
    Section Image

  • E

    Buyer Co-Listing Agent in 2012

    Emily Fogarty

    Rob Grant & Assoc. R.E.

    (518) 524-4733

    12 in this area

    23 Total Sales

    Emily Fogarty
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 142573

New York Franklin County Saranac Lake 12983

163 Park Ave, Saranac Lake, NY

This home is located at 163 Park Ave, Saranac Lake, NY 12983 since 24 April 2012. This property was built in 1935. 163 Park Ave is a home located in Franklin County with nearby schools including Saranac Lake Senior High School, Northern Lights School, and St. Bernard's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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