NOT LISTED FOR SALE

248 Mccomb St Saranac Lake, NY 12983

Estimated Value: $83,903 - $181,000

4 Beds
3 Baths
1,340 Sq Ft
$94/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $90,000 $67 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $902/month

Highlights

  • Mountain View
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of January 2018

PRICED TO SELL!! Great 3 unit building that has been well maintained. Owner pays for propane heat(each unit has monitor heater, and electric heat for back up if tenant wishes) and tenants pay electric, garbage and cable. These units have all been updated and all rents could easily be increased to make a higher net profit. 2 units currently occupied, the 3rd is being shown for rent now. One unit per floor makes this a nice quiet building. 4-5 parking spaces and a nice backyard with views of Mt. Baker!!! This property makes for an affordable investment, or a home with great views!! Come check it out!!

Last Listed By

Kristina Clifford

Say Real Estate License #10401272583 Listed on: 11/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Cleared Lot

Property Views

  • Mountain
  • Neighborhood

Home Design

  • 1,340 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Metal Roof
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Electric Range

Parking

  • 4 Open Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Net Metering or Smart Meter
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Finished Basement

Community Details

  • Gross Income $16,775
  • Net Operating Income $11,936

Listing and Financial Details

  • Assessor Parcel Number 446.76-7-18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,155

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Frontage Type: Public
  • Road Surface Type: Gravel
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: From Broadway towards mobil turn left onto prospect ave. Take next left onto Mccomb, house will be up on the left. Look for sign.
  • Structure Type: Up & Down
  • Year Built: 1910
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Finished
  • Interior Amenities: Apartment
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • Lot Features: Cleared
  • View: Mountain(s), Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Roof: Metal
  • Lot Features:Cleared: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Oil
  • Heating Yn: Yes
  • Electric: Net Meter
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 446.76-7-18
  • Zoning: Mixed
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 16775.0
  • Insurance Expense: 877.55
  • Property Net Operating Income: 11935.72
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 2155.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jan 10, 2018
Sold by
Durkin Philip S and Durkin Kathleen E
Bought by
Purcell Jesse and Iaria Corey
Seller's Agent
Kristina Clifford
Say Real Estate
Buyer's Agent
Kristina Clifford
Say Real Estate
List Price
$90,000
Sold Price
$90,000
Total Days on Market
0
Current Estimated Value
$125,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,726
Avg. Annual Appreciation
6.15%
Original Mortgage
$72,000
Outstanding Balance
$44,000
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$95,186

Purchase Details

Closed on
Jan 26, 2004
Sold by
R&S Enterprises Llc
Bought by
Witte William

Range of Values:

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Average Value
Not Available
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
Purcell Jesse $90,000 --
Witte William $37,500 Janet Bliss
R&S Enterprises $33,390 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purcell Jesse $72,000
Previous Owner Durkin Philip S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $90,000 -- --
07/14/2023 07/14/23 Off Market $90,000 -- --
01/18/2018 01/18/18 Sold $90,000 0.0% $67 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $90,000 -- $67 / 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 $2,457 $77,300 $15,800 $61,500
2023 $2,456 $77,300 $15,800 $61,500
2022 $2,364 $77,300 $15,800 $61,500
2021 $2,328 $77,300 $15,800 $61,500
2020 $2,464 $77,300 $15,800 $61,500
2019 $1,444 $77,300 $15,800 $61,500
2018 $2,184 $77,300 $15,800 $61,500
2017 $2,178 $77,300 $15,800 $61,500
2016 $2,069 $77,300 $15,800 $61,500
2015 -- $77,300 $15,800 $61,500
2014 -- $77,300 $15,800 $61,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 161293

APN: 164601-446-076-0007-018-000-0000