NOT LISTED FOR SALE

24 Balsam St Saranac Lake, NY 12983

Estimated Value: $198,000 - $298,000

5 Beds
2 Baths
2,806 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $199,000 $71 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,770/month

Highlights

  • Neighborhood Views
  • Many Trees
  • Heating System Uses Oil
  • Wood Frame Window
  • Wood Siding

About This Home

As of March 2023

Adorable two unit apartment house on quiet residential street close to schools , Dewey Mountain Rec Center, Schools, and village. Owner has occupied the first floor and upstairs tenant has been renting for 13 years. Property being sold subject to this tenants lease.

Last Agent to Sell the Property

Brian Draper

Say Real Estate License #40DR1170094 Listed on: 02/04/2023

Last Buyer's Agent

Brian Draper

Say Real Estate License #40DR1170094 Listed on: 02/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,110

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Cleared Lot
  • Many Trees

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,806 Sq Ft Home
  • Wood Frame Window
  • Neighborhood Views
  • Unfinished Basement
  • Walk-Out Basement
  • Electric Range

Parking

  • 3 Open Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • 200+ Amp Service
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 457.36-1-4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,110

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: .18
  • Road Frontage Type: Public
  • Subdivision Name: None
  • Directions: Take Lake St . to Balsam look for # 24 on the right.
  • Structure Type: Up & Down
  • Year Built: 1910
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Oil Water Heater, Refrigerator
  • Has Basement: Unfinished, Walk-Out Access
  • Interior Amenities: Apartment
  • Window Features: Wood Frames
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes
  • Appliances:Oil Water Heater: Yes

Exterior Features

  • Lot Features: Cleared, Many Trees
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Roof: Asphalt
  • Lot Features:Cleared: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 457.36-1-4
  • Zoning: Mixed
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 5110.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 13, 2023
Sold by
Mack Catherine L and Rodrigue Catherine L
Bought by
Gillette Emileigh E and Gillette Jeremiah J
Seller's Agent
Brian Draper
Say Real Estate
Buyer's Agent
Brian Draper
Say Real Estate
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$252,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,746
Avg. Annual Appreciation
9.59%
Original Mortgage
$184,000
Outstanding Balance
$178,223
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,523

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 7, 2023
Sold by
Mack Catherine L
Bought by
Gillette Emileigh E and Gillette Jeremiah J
Seller's Agent
Brian Draper
Say Real Estate
Buyer's Agent
Brian Draper
Say Real Estate
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$178,223
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,523
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
Gillette Emileigh E $199,000 None Available
Gillette Emileigh E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillette Emileigh E $184,000
Closed Gillette Emileigh E $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $199,000 -- --
03/08/2023 03/08/23 Sold $199,000 0.0% $71 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $199,000 -- $71 / 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 $5,145 $161,900 $17,600 $144,300
2023 $5,144 $161,900 $17,600 $144,300
2022 $4,950 $161,900 $17,600 $144,300
2021 $4,875 $161,900 $17,600 $144,300
2020 $4,127 $161,900 $17,600 $144,300
2019 $4,085 $161,900 $17,600 $144,300
2018 $3,984 $161,900 $17,600 $144,300
2017 $3,983 $161,900 $17,600 $144,300
2016 $3,886 $161,900 $17,600 $144,300
2015 -- $161,900 $17,600 $144,300
2014 -- $161,900 $17,600 $144,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Draper

    Say Real Estate

    (518) 524-9803

    23 in this area

    63 Total Sales

    Brian Draper
    Section Image
  • Beth Hall

    Buyer Co-Listing Agent in 2023

    Beth Hall

    Adirondack Premier Properties Berkshire Hathaway HomeService

    (518) 323-5666

    37 in this area

    133 Total Sales

    Beth Hall
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 178052

APN: 164601-457-036-0001-004-000-0000

New York Franklin County Saranac Lake 12983

24 Balsam St, Saranac Lake, NY

This home is located at 24 Balsam St, Saranac Lake, NY 12983 since 04 February 2023 and is currently estimated at $252,746, approximately $90 per square foot. This property was built in 1910. 24 Balsam St is a home located in Franklin County with nearby schools including Saranac Lake Senior High School, Northern Lights School, and St. Bernard's School.

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