NOT LISTED FOR SALE

174 Mckinley St Lake Placid, NY 12946

Estimated Value: $312,000 - $390,000

4 Beds
3 Baths
1,400 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $182,000 $130 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,171/month

Highlights

  • Mountain View
  • Outdoor Storage
  • Baseboard Heating
  • Walk-In Closet
  • Forced Air Heating System
  • Asbestos

About This Home

As of June 2015

A great value in a 3 unit home on a double lot with potential for expansion. Each unit is metered separately. New roof, with ice and water shield throughout.

Last Agent to Sell the Property

John (Ben) Frantz

Coldwell Banker Whitbeck Assoc-Saranac Lake Listed on: 02/09/2015

Last Buyer's Agent

John (Ben) Frantz

Coldwell Banker Whitbeck Assoc-Saranac Lake Listed on: 02/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x157
  • Cleared Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding
  • Asbestos

Interior Spaces

  • Walk-In Closet
  • 1,400 Sq Ft Home
  • Insulated Windows
  • Mountain Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • No Garage

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Net Metering or Smart Meter
  • 200+ Amp Service
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Gross Income $14,100

Listing and Financial Details

  • Assessor Parcel Number 42.223-2-5.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,713

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 50x157
  • Road Frontage Type: Public
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: From Main Street in Lake Placid turn onto McKinley Street, 174 McKinley Street is on the left side of the road.
  • Structure Type: Up & Down
  • Year Built: 1940
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Partial, Unfinished
  • Interior Amenities: Apartment, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Partial: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • Lot Features: Cleared
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Aluminum Siding, Asbestos, Wood Siding
  • Exterior Features: Lighting, Storage
  • Foundation Details: Block
  • Other Structures: Barn(s), Outbuilding, Shed(s)
  • Roof: Composition
  • Lot Features:Cleared: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Storage2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Net Meter
  • Utilities: Cable Available, Internet Available, Natural Gas Not Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 42.223-2-5.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 14100.0
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 2713.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
Jun 26, 2015
Sold by
Preston Christopher
Bought by
Blglp Llc
Seller's Agent
John (Ben) Frantz
Coldwell Banker Whitbeck Assoc-Saranac Lake
Buyer's Agent
John (Ben) Frantz
Coldwell Banker Whitbeck Assoc-Saranac Lake
List Price
$199,000
Sold Price
$182,000
Premium/Discount to List
-$17,000
-8.54%
Current Estimated Value
$344,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,486
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Nov 26, 2008
Sold by
Preston Marie
Bought by
Preston Christopher
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
Blglp Llc $182,000 John J Carusone Jr
Preston Christopher $173,000 --
Preston Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blglp Llc $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $182,000 -- --
06/26/2015 06/26/15 Sold $182,000 -8.5% $130 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $199,000 -- $142 / 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 $4,211 $310,300 $114,400 $195,900
2023 $4,111 $278,100 $110,000 $168,100
2022 $3,532 $227,500 $83,000 $144,500
2021 $2,384 $205,300 $69,500 $135,800
2020 $3,659 $196,800 $50,600 $146,200
2019 $3,437 $196,800 $50,600 $146,200
2018 $2,172 $187,400 $50,600 $136,800
2017 $4,617 $182,000 $46,700 $135,300
2016 $4,611 $182,000 $46,700 $135,300
2015 -- $171,200 $46,700 $124,500
2014 -- $171,200 $46,700 $124,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 151849

APN: 154001-042-223-0002-005-000-0000