NOT LISTED FOR SALE

216 Park Ave Old Forge, NY 13420

Estimated Value: $534,000 - $1,148,427

2 Beds
1 Bath
1,178 Sq Ft
$667/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $250,000 $212 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $4,481/month

Highlights

  • Lake View
  • Adirondack Architecture
  • No HOA
  • 1.15 Acre Lot
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of June 2018

Owned by the Town of Webb Historical Association, this cottage was built in 1931 and moved to it's present location in 2003. The "Hemmer" cottage sits on a knoll overlooking the Old Forge Pond waterfront and was once owned by Bernard Hemmer and built as a honeymoon cottage for his daughter Evangeline. The eyebrow windows, quaint doors, and steep pitched roof line add the aspects of a Bavarian cottage. The unpeeled log exterior gives it the Adirondack look of the "Great Camp" era. A new, full basement was poured when the cottage was moved and it was winterized at the time. Hansel and Gretel would be very comfortable living in this converted home that is zoned commercially.

Last Agent to Sell the Property

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 07/25/2017

Timm Associates Sothebys International Realty

Last Buyer's Agent

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 07/25/2017

Timm Associates Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 1931

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 185 x 270
  • Corner Lot
  • Level Lot
  • Property is zoned Commercial

Property Views

  • Lake
  • Neighborhood

Home Design

  • Adirondack Architecture
  • Cottage
  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,178 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • Garage
  • Basement Garage
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041.51-3-41

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,716

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Lot Size: 185 X 270
  • Subdivision Name: None
  • Directions: Route 28 to South Shore Road. Property is on the corner of South Shore Road and Park Avenue.
  • Above Grade Finished Sq Ft: 1178.0
  • Architectural Style: Adirondack, Cottage, Log
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Has Basement: Exterior Entry, Full, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1178.0
  • Fireplace Features:Living Room: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Views
  • View: Lake, Neighborhood, Water
  • Waterfront: No
  • Construction Type: Log Siding
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement, Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Basement2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Town of Webb UFSD

Lot Info

  • Lot Size Sq Ft: 50094.0
  • Parcel #: 041.51-3-41
  • Zoning: Commercial
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Zellweger Lori A
Bought by
45Th Street Realty Llc
Current Estimated Value
$765,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$583,974
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,641

Purchase Details

Closed on
Jan 29, 2021
Sold by
Zellweger Lori
Bought by
Zellweger Loei A

Purchase Details

Closed on
May 29, 2002
Sold by
Scalem Cohen Linda
Bought by
Town Of Webb Histroical Association
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
45Th Street Realty Llc $950,000 None Available
Zellweger Loei A -- None Available
Town Of Webb Histroical Association -- Peter Shannon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 45Th Street Realty Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $250,000 -- --
06/28/2018 06/28/18 Sold $250,000 +25.6% $212 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $199,000 -- $169 / 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 $3,716 $232,300 $35,800 $196,500
2023 $3,675 $232,300 $35,800 $196,500
2022 $3,229 $232,300 $35,800 $196,500
2021 $3,213 $232,300 $35,800 $196,500
2020 $3,404 $232,300 $35,800 $196,500
2019 $355 $213,200 $70,200 $143,000
2018 $336 $108,400 $70,200 $38,200
2017 $341 $108,400 $70,200 $38,200
2016 $352 $108,400 $70,200 $38,200
2015 -- $108,400 $70,200 $38,200
2014 -- $108,400 $70,200 $38,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 160395

APN: 215400-041-051-0003-041-000-0000