NOT LISTED FOR SALE

Estimated Value: $141,000 - $203,000

4 Beds
2 Baths
1,844 Sq Ft
$92/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2018

Last sale price $90,000 $49 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,083 / mo

Highlights

  • Wood Frame Window
  • Storm Windows
  • Asbestos
  • 1 Car Attached Garage
  • Hot Water Heating System
  • High Speed Internet

About This Home

As of May 2018

Great opportunity for an investment or for someone looking to live in one unit and rent the other. This property currently has 2 apartments, but the garage in the basement area could also be finished into a studio apartment to generate more income.There is also room on the property for a garage to be built. Owner currently pays utilities and tenants pay snow removal and garbage. The building has a new $16,000 Veissmann furnace and both units have had some updates. This multifamily is in a great location and is walking distance to both the Elementary and High school and all of the village of Saranac Lake. PRICED to sell, come take a look.

Last Agent to Sell the Property

Kristina Clifford

Say Real Estate License #10401272583 Listed on: 02/20/2018

Last Buyer's Agent

Kristina Clifford

Say Real Estate License #10401272583 Listed on: 02/20/2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Few Trees

Parking

  • 1 Car Attached Garage
  • 5 Open Parking Spaces
  • Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Composition Roof
  • Asbestos

Interior Spaces

  • 1,844 Sq Ft Home
  • Wood Frame Window
  • Washer and Gas Dryer Hookup

Kitchen

  • Gas Oven
  • Electric Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Hot Water Heating System
  • 100 Amp Service
  • Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • Gross Income $16,700
  • Net Operating Income $8,670

Listing and Financial Details

  • Assessor Parcel Number 446.76-4-7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,617

Year Built

Built in 1920

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Frontage Type: Public
  • Subdivision Name: None
  • Directions: Take Olive st by the post office. Go to the top of the hill and make a right on William st. Take the next left on Neil st. Look for 170 Neil on the left.
  • Garage Yn: Yes
  • Structure Type: Up & Down
  • Year Built: 1920
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Gas Oven, Refrigerator, Water Heater
  • Has Basement: Full, Walk-Out Access
  • Interior Amenities: Apartment, High Speed Internet
  • Window Features: Storm Window(s), Wood Frames
  • Appliances:Gas Oven: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • Lot Features: Few Trees
  • View: None
  • Waterfront: No
  • Construction Type: Asbestos
  • Foundation Details: Stone
  • Roof: Composition
  • Lot Features:Few Trees: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 5.0
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Water Heater: Yes
  • Heating:Hot Water2: Yes
  • Heating:Propane2: Yes

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 446.76-4-7
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 16700.0
  • Insurance Expense: 1007.5
  • Maintenance Expense: 200.0
  • Property Net Operating Income: 8670.0
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 1617.11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Apr 26, 2018
Sold by
Bought by
Seller's Agent
Kristina Clifford
Say Real Estate
Buyer's Agent
Kristina Clifford
Say Real Estate
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$169,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,635
Avg. Annual Appreciation
7.94%
Original Mortgage
$81,000
Outstanding Balance
$68,220
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,415

Purchase Details

Closed on
Dec 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2000
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Saranac Lake, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$85,000 --
$57,500 Janet Bliss
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $81,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $90,000 -- --
07/14/2023 07/14/23 Off Market $90,000 -- --
05/11/2018 05/11/18 Sold $90,000 0.0% $49 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $90,000 -- $49 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,840 $58,000 $19,900 $38,100
2024 $1,840 $58,000 $19,900 $38,100
2023 $1,843 $58,000 $19,900 $38,100
2022 $1,773 $58,000 $19,900 $38,100
2021 $1,746 $58,000 $19,900 $38,100
2020 $1,690 $58,000 $19,900 $38,100
2019 $1,333 $58,000 $19,900 $38,100
2018 $1,639 $58,000 $19,900 $38,100
2017 $1,634 $58,000 $19,900 $38,100
2016 $1,806 $58,000 $19,900 $38,100
2015 -- $58,000 $19,900 $38,100
2014 -- $58,000 $19,900 $38,100
Source: Public Records

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 161850

APN: 164601-446-076-0004-007-000-0000

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