NOT LISTED FOR SALE

2218 Saranac Ave Unit 1 Lake Placid, NY 12946

Estimated Value: $151,000

2 Beds
1.5 Baths
1,784 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $101,000 $57 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,090/month

Highlights

  • No HOA
  • Covered Patio or Porch
  • Asbestos
  • Cottage
  • Baseboard Heating

About This Home

As of October 2018

Can't beat the location for commercial, residential or mixed use. Highest visibility possible along one of the main travel corridors into Lake Placid. Walk to Main Street. Plenty of amenities surrounding the property. Grassed back yard. House is As-Is and needs alot of work, but hard to find. Small apartment could be opened back to main residence, or kept for in-home occupation. Purchase the restaurant space next door MLS #160312 for a one-of-a-kind investment.

Last Agent to Sell the Property

S, Brooks Reynolds

Merrill L. Thomas, Inc. Listed on: 05/26/2018

Last Buyer's Agent

S, Brooks Reynolds

Merrill L. Thomas, Inc. Listed on: 05/26/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Dirt Road
  • Property is zoned Mixed

Parking

  • No Garage

Home Design

  • Cottage
  • Asbestos

Interior Spaces

  • 1,784 Sq Ft Home
  • 1.5-Story Property
  • Freezer
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.141-4.6.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,465

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Dirt
  • Subdivision Name: None
  • Directions: 2218 Saranac Ave between Wilkins Agency and former Cowboy Restaurant.
  • Above Grade Finished Sq Ft: 1784.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1930
  • Financial Details School Taxes: 995.37
  • Financial Details Village Taxes: 817.49
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Freezer, Refrigerator
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Apartment
  • Living Area: 1784.0
  • Fireplace Features:None6: Yes
  • Basement:Unfinished: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • View: Commercial
  • Waterfront: No
  • Construction Type: Asbestos
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: 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: Lake Placid

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 42.141-4.6.000
  • Zoning: Mixed
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2464.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Oct 25, 2018
Sold by
Jack T Irvin Ft and Irvin Tr
Bought by
Wolffpack Hld Llc
Seller's Agent
S, Brooks Reynolds
Merrill L. Thomas, Inc.
Buyer's Agent
S, Brooks Reynolds
Merrill L. Thomas, Inc.
List Price
$124,900
Sold Price
$101,000
Premium/Discount to List
-$23,900
-19.14%
Current Estimated Value
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,000
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
Wolffpack Hld Llc $101,000 --
Wolffpack Hld Llc $101,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $101,000 -- --
10/25/2018 10/25/18 Sold $101,000 -19.1% $57 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $124,900 -- $70 / 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 $3,273 $253,500 $94,300 $159,200
2023 $3,178 $225,000 $90,800 $134,200
2022 $3,558 $211,150 $75,000 $136,150
2021 $2,381 $205,000 $75,000 $130,000
2020 $3,176 $205,000 $75,000 $130,000
2019 $1,921 $110,000 $40,500 $69,500
2018 $1,275 $110,000 $40,500 $69,500
2017 $2,465 $140,400 $51,600 $88,800
2016 $2,459 $140,400 $51,600 $88,800
2015 -- $140,400 $51,600 $88,800
2014 -- $140,400 $51,600 $88,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    S, Brooks Reynolds

    Merrill L. Thomas, Inc.

See All Agents

Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 162754

APN: 154001-042-141-0004-006-000-0000

New York Essex County Lake Placid 12946

2218 Saranac Ave Unit 1, Lake Placid, NY

This home is located at 2218 Saranac Ave Unit 1, Lake Placid, NY 12946 since 26 May 2018 and is currently priced at $151,000, approximately $84 per square foot. This property was built in 1930. 2218 Saranac Ave Unit 1 is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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