NOT LISTED FOR SALE

231 Lake Flower Ave Saranac Lake, NY 12983

Estimated Value: $227,453 - $788,000

4 Beds
3 Baths
2,925 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $148,000 $51 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,898/month

Highlights

  • Lake View
  • Hot Water Heating System
  • Wood Siding
  • Ceiling Fan

About This Home

As of September 2019

One 1 BR and 3 studio apartments , a few block to NCCC, just one mile to Main St, across from site of new Hotel and one block from Fogarty's Marina. Three tenants pay their own electric . Owner pays heat.

Last Agent to Sell the Property

Cherrie Sayles

Say Real Estate License #37SA0892649 Listed on: 04/30/2019

Last Buyer's Agent

Cherrie Sayles

Say Real Estate License #37SA0892649 Listed on: 04/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot

Property Views

  • Lake
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,925 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range

Parking

  • 2 Open Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Net Metering or Smart Meter
  • Oil Water Heater
  • Internet Available

Community Details

  • Gross Income $22,050
  • Net Operating Income $13,000

Listing and Financial Details

  • Assessor Parcel Number 32.215-5-1.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Lot Size: .10
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: One the corner of Lake Flower Ave and Winnona.
  • Structure Type: Up & Down
  • Year Built: 1930
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Oil Water Heater, Refrigerator
  • Interior Amenities: Apartment, Ceiling Fan(s)
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes
  • Appliances:Oil Water Heater: Yes

Exterior Features

  • View: Lake, Neighborhood
  • Waterfront: No
  • Construction Type: Brick, Wood Siding
  • Exterior Features: None
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials:Brick: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None5: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Net Meter
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes

Fee Information

  • Trash Expense: 800.0

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 32.215-5-1.000
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 22050.0
  • Insurance Expense: 1000.0
  • Property Net Operating Income: 13000.0
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 3700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Aug 20, 2019
Sold by
Stiles Michael J and Stiles Jayne
Bought by
Ashley Jeffrey D and Ashley Sara D
Seller's Agent
Cherrie Sayles
Say Real Estate
Buyer's Agent
Cherrie Sayles
Say Real Estate
List Price
$145,000
Sold Price
$148,000
Premium/Discount to List
$3,000
2.07%
Current Estimated Value
$282,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,380
Avg. Annual Appreciation
18.80%

Purchase Details

Closed on
Feb 25, 2015
Sold by
Adirondack Timber
Bought by
Stiles Michael and Stiles Stiles

Purchase Details

Closed on
Jun 11, 2007
Sold by
Stiles Michael J and Stiles Jayne
Bought by
Adirondack Timber Enterpr Ises Inc

Purchase Details

Closed on
Dec 8, 1997
Sold by
Richards Barhite Mary
Bought by
Stiles Michael J and Stiles Jayne
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
Ashley Jeffrey D $148,000 --
Stiles Michael $114,800 William M Finucane
Adirondack Timber Enterpr Ises Inc $120,000 Robert F Mccarthy
Stiles Michael J $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiskotten Thomas R $12,811
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $148,000 -- --
09/25/2019 09/25/19 Sold $148,000 +2.1% $51 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $145,000 -- $50 / 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 $4,226 $211,200 $35,400 $175,800
2023 $4,165 $195,600 $34,100 $161,500
2022 $3,974 $172,600 $29,600 $143,000
2021 $2,108 $154,200 $26,300 $127,900
2020 $3,847 $148,000 $22,500 $125,500
2019 $3,589 $141,900 $30,000 $111,900
2018 $1,756 $128,900 $30,000 $98,900
2017 $6,940 $114,800 $42,800 $72,000
2016 $2,979 $114,800 $42,800 $72,000
2015 -- $114,800 $42,800 $72,000
2014 -- $114,800 $42,800 $72,000
Source: Public Records

Agents Affiliated with this Home

  • Cherrie Sayles

    Seller's Agent in 2019

    Cherrie Sayles

    Say Real Estate

    (518) 891-7070

    7 in this area

    19 Total Sales

    Section Image
  • Jonathan Gorgas

    Buyer Co-Listing Agent in 2019

    Jonathan Gorgas

    Merrill L. Thomas, Inc.

    (518) 637-2873

    15 in this area

    90 Total Sales

    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 165415

APN: 154003-032-215-0005-001-000-0000

New York Essex County Saranac Lake 12983

231 Lake Flower Ave, Saranac Lake, NY

This home is located at 231 Lake Flower Ave, Saranac Lake, NY 12983 since 30 April 2019 and is currently estimated at $407,613, approximately $139 per square foot. This property was built in 1930. 231 Lake Flower Ave is a home located in Essex County with nearby schools including Saranac Lake Senior High School, Northern Lights School, and St. Bernard's School.

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