NOT LISTED FOR SALE

251 Petrie Rd Old Forge, NY 13420

Estimated Value: $1,113,000 - $1,766,510

12 Beds
5.5 Baths
5,217 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $970,000 $186 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,625/month

418 Days on Market

Highlights

  • 230 Feet of Waterfront
  • Chalet
  • Cathedral Ceiling
  • Garage Apartment
  • Wood Burning Stove
  • 4-minute walk to Fourth Lake Picnic Area

About This Home

As of September 2020

This well maintained property features a recently updated 2+ bedroom main lodge with an open floor plan, hardwood floors, a custom kitchen with granite countertops and stainless appliances. Plenty of entertaining and sleeping room! There's also a 2 stall garage with an apartment above, and 2 additional year round cottages. Together this Adirondack family retreat can accommodate large family gatherings, or used for rental income. All houses are turn key and in excellent condition! Amazing views of Third Lake! Owner financing possible for qualified buyer.

Last Agent to Sell the Property

James Foley

Listing by Benn Realty License #10401218773 Listed on: 05/24/2019

Co-Listed By

Audrey Strutynski

Listing by Benn Realty License #10401277385

Last Buyer's Agent

Heidi Westcott

Listing by Deep Rooted Realty LLC License #10491212173

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,272

Year Built

  • Built in 1924

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 186 x 221
  • 230 Feet of Waterfront
  • Lake Front

Home Design

  • Chalet
  • Log Cabin
  • Block Foundation
  • Pier And Beam
  • Vinyl Construction Material

Interior Spaces

  • 5,217 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Great Room
  • Open Floorplan
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Running Water Available in Garage
  • Heated Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Heating System Uses Propane
  • 220 Volts in Garage
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 215400-038-082-0001-038-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,272

Year Built

Built in 1924

Lot Details

0

Listing Details

  • NY Swis Code: Webb-215400
  • Total Assessed Value: 995800
  • Foundation Description: Block, Pier and Beam
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 186
  • Lot Dimension Front: 221
  • Lot Information: Primary Road
  • Lot Number: 38
  • Nearest Cross Street: South Shore Rd.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1021052.63
  • Ratio Close Price By Sq Ft: 185.93
  • Ratio List Price By Acres: 1105263.16
  • Ratio List Price By Sq Ft: 201.27
  • Regional Board Code: Syracuse
  • School Tax: 3246
  • Styles of Residence: Cabin, Chalet
  • Sub Board Code: Mohawk Valley
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 41382
  • Age of Building: 98
  • Garage Amenities: Electrical Service, Heated, Water
  • Year Built: 1924
  • Directions To Property: Head north on the South Shore Road. Turn left on Petrie Rd. Continue on Petrie Road and the property will be on the left hand side.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Full Bathrooms: 5
  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some
  • Additional Rooms: Garage Apartment, Great Room, Laundry-2nd Floor, Living Room, Porch - Open
  • Basement Description: Full
  • Floor Description: Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Built-In, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Granite Counter, Kitchen/Family Room Combo, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 7
  • Number of Bedrooms 2nd Floor: 5
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 3
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 20
  • Half Bathrooms: 1
  • Total Bathrooms: 5.10
  • Total Bedrooms: 12
  • Total Sq Ft: 5217

Exterior Features

  • Construction: Vinyl, Wood
  • Waterfront Name: Third Lake
  • Number of Acres: 0.9500
  • Waterfront Description: Lake
  • Waterfront Frontage: 230

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Electric, Propane
  • Hvac Type: Baseboard, Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Town of Webb

Lot Info

  • Parcel Number: 215400-038-082-0001-038-000-0000

Tax Info

  • Total Taxes: 11272

MLS Schools

  • School District Name: Town of Webb

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Sep 8, 2020
Sold by
Fennetton Holdings Llc
Bought by
Odenbach Frederick J and Odenbach Sandra W
Seller's Agent
James Foley
Benn Realty
Buyer's Agent
Heidi Westcott
Deep Rooted Realty LLC
List Price
$1,100,000
Sold Price
$970,000
Premium/Discount to List
-$130,000
-11.82%
Current Estimated Value
$1,379,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,501
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
May 9, 2008
Sold by
Rood Indivero Christine Stephe
Bought by
Fennetion Holdings
Source: Public Records

Range of Values:

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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
Odenbach Frederick J $970,000 None Available
Fennetion Holdings $995,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $970,000 -7.6% $186 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/16/2019 07/16/19 Price Changed $1,050,000 -4.5% $201 / Sq Ft
05/24/2019 05/24/19 For Sale $1,100,000 -- $211 / Sq Ft
Source: Mid New York Regional 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 $12,074 $995,800 $501,600 $494,200
2023 $11,898 $995,800 $501,600 $494,200
2022 $11,460 $995,800 $501,600 $494,200
2021 $11,392 $995,800 $501,600 $494,200
2020 $15,173 $995,800 $501,600 $494,200
2019 $14,566 $995,800 $501,600 $494,200
2018 $15,143 $995,800 $501,600 $494,200
2017 $14,844 $995,800 $501,600 $494,200
2016 $14,696 $995,800 $501,600 $494,200
2015 -- $995,800 $501,600 $494,200
2014 -- $995,800 $501,600 $494,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1194805

Mid New York Regional MLS

APN: 215400-038-082-0001-038-000-0000