NOT LISTED FOR SALE

260 Mill Pond Dr Lake Placid, NY 12946

Estimated Value: $246,000 - $363,000

3 Beds
2 Baths
1,120 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $314,000 $280 Per Sq Ft

Current estimated payment $1,841/month

Highlights

  • No HOA
  • Fireplace
  • Living Room
  • Cottage
  • Window Unit Cooling System
  • ENERGY STAR Qualified Appliances

About This Home

As of July 2024

Explore the charm of Lake Placid with this meticulously renovated 3-bedroom, 2-bathroom home . Positioned in a prime location, the residence offers an inviting retreat close to bustling Main Street and iconic Olympic venues.

Step inside to discover a fresh, contemporary interior, thoughtfully redesigned in 2022. The layout maximizes comfort and functionality, blending modern aesthetics with practical living spaces. Each room is finished to high standards, providing the perfect canvas for your personal touch.

The heart of this home is its vibrant living area, seamlessly connecting to the kitchen, where you can cook and entertain with ease. The bedrooms are well-sized, offering privacy and tranquility. The bathrooms are sleek, featuring up-to-date fixtures and finishes.

Outside, leisure and recreation await with nearby parks, just a short stroll away, offering lush green spaces for picnics and activities.

Beyond the comfort of your doorstep, Lake Placid's lively community and natural beauty invite exploration. Enjoy easy access to the serene Mirror Lake, engage in outdoor recreation or take part in the town's vibrant local events and cultural offerings. Short Term Rentals are not allowed in this district.

Last Agent to Sell the Property

Jack Favro

Merrill L. Thomas, Inc. License #10401342323 Listed on: 05/30/2024

Last Buyer's Agent

Jack Favro

Merrill L. Thomas, Inc. License #10401342323 Listed on: 05/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence

Home Design

  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Fireplace
  • Living Room
  • Vinyl Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Open Parking Spaces

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.222-3-8.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: None
  • Directions: 260 Mill Pond Drive
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1965
  • Financial Details School Taxes: 600.0
  • Financial Details Village Taxes: 890.0
  • School Taxes Description: Estimated
  • Room Types:Living Room2: Yes
  • Village Taxes Description: Actual
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, ENERGY STAR Qualified Appliances, Free-Standing Refrigerator, Washer/Dryer Stacked, Water Heater
  • Accessibility Features: Accessible Central Living Area
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Vinyl
  • Living Area: 1120.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Basement:None3: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Fencing: Wood
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Accessibility Features:Accessible Central Living Area: Yes

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 42.222-3-8.000
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Tax Info

  • Tax Annual Amount: 1490.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 24, 2024
Sold by
Rivers Casino Lofts Llc
Bought by
Grossman Eileen M and Grossman Jason A
Seller's Agent
Jack Favro
Merrill L. Thomas, Inc.
Buyer's Agent
Jack Favro
Merrill L. Thomas, Inc.
List Price
$314,000
Sold Price
$314,000
Views
32
Current Estimated Value
$314,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286
Avg. Annual Appreciation
0.08%
Original Mortgage
$251,200
Outstanding Balance
$247,896
Interest Rate
5.63%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$66,390

Purchase Details

Listed on
Aug 13, 2021
Closed on
Jan 21, 2022
Sold by
Henderson Julie E
Bought by
Rivers Casino Lofts Llc
Seller's Agent
Chase Jermano
Tina Leonard Real Estate, LLC
Buyer's Agent
Chase Jermano
Tina Leonard Real Estate, LLC
List Price
$130,000
Sold Price
$95,000
Premium/Discount to List
-$35,000
-26.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.01%

Purchase Details

Closed on
May 31, 2018
Sold by
Charland Jody E
Bought by
Henderson Julie E

Purchase Details

Closed on
May 7, 2014
Sold by
Henderson Julie
Bought by
Lawrence Mary Jane

Purchase Details

Closed on
Jun 29, 2005
Sold by
Charland Jody
Bought by
Henderson Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
5.54%
Mortgage Type
Unknown
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
Grossman Eileen M $314,000 None Available
Rivers Casino Lofts Llc $95,000 None Available
Rivers Casino Lofts Llc $95,000 None Available
Henderson Julie E -- --
Lawrence Mary Jane -- Timothy R Smith
Lawrence Mary Jane -- Timothy R Smith
Henderson Julie -- --
Henderson Julie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Eileen M $251,200
Previous Owner Henderson Julie E $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $314,000 0.0% $280 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $314,000 +230.5% $280 / Sq Ft
08/12/2023 08/12/23 Off Market $95,000 -- --
01/21/2022 01/21/22 Sold $95,000 -26.9% $97 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $130,000 -- $132 / 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 $1,587 $123,200 $45,800 $77,400
2023 $1,536 $108,400 $44,000 $64,400
2022 $1,618 $95,000 $66,400 $28,600
2021 $1,357 $116,800 $55,600 $61,200
2020 $2,512 $112,300 $40,500 $71,800
2019 $2,518 $112,300 $40,500 $71,800
2018 $972 $101,600 $40,500 $61,100
2017 $1,733 $110,600 $46,700 $63,900
2016 $1,757 $110,600 $46,700 $63,900
2015 -- $110,600 $46,700 $63,900
2014 -- $110,600 $46,700 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 201982

APN: 154001-042-222-0003-008-000-0000