NOT LISTED FOR SALE

28 Cherry Ln Lake Placid, NY 12946

Estimated Value: $409,000 - $613,000

3 Beds
2 Baths
1,779 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $475,000 $267 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,158/month

Highlights

  • Cape Cod Architecture
  • Neighborhood Views
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of July 2023

Conveniently located 3 bedroom home with large attached 2 car garage and no village taxes. Many recent upgrades done, including cherry hardwood floors, wood stove, new insulation and exterior siding.

Last Agent to Sell the Property

Brooks Reynolds

The Reynolds Group of Lake Placid, LLC License #10491209143 Listed on: 01/11/2023

Last Buyer's Agent

Brooks Reynolds

The Reynolds Group of Lake Placid, LLC License #10491209143 Listed on: 01/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1977

Lot Details

  • 0.49 Acre Lot
  • Property fronts a private road
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding

Interior Spaces

  • 1,779 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Neighborhood Views
  • Washer

Kitchen

  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 42.65-3.6-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,260

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Road Frontage Type: Private Road
  • Subdivision Name: None
  • Directions: From Hurley Ave, turn onto Cherry Lane. House will be on the right, just before Landover Lane on the left.
  • Above Grade Finished Sq Ft: 1779.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1977
  • Financial Details School Taxes: 1799.78
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Freezer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1779.0
  • Window Features: Other
  • Appliances Dishwasher: Yes
  • Basement:None3: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Insert: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Lot Features: Few Trees, Many Trees
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Lot Features:Few Trees: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Other32: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 42.65-3.6-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3260.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Jul 24, 2023
Sold by
Santon Debra M
Bought by
Colavecchio Laura
Seller's Agent
Brooks Reynolds
The Reynolds Group of Lake Placid, LLC
Buyer's Agent
Brooks Reynolds
The Reynolds Group of Lake Placid, LLC
List Price
$475,000
Sold Price
$475,000
Views
1
Current Estimated Value
$508,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,129
Avg. Annual Appreciation
3.31%

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 25, 2017
Sold by
View Sharon
Bought by
Stanton Debra
Seller's Agent
John (Ben) Frantz
Coldwell Banker Whitbeck Assoc-Saranac Lake
Buyer's Agent
John (Ben) Frantz
Coldwell Banker Whitbeck Assoc-Saranac Lake
List Price
$249,500
Sold Price
$240,000
Premium/Discount to List
-$9,500
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$235,653
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2010
Sold by
Phillips Richard
Bought by
View Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2010
Sold by
Phillips Richard
Bought by
Phillips Thomas

Purchase Details

Closed on
Dec 21, 1999
Sold by
Levitt Lloyd D
Bought by
Phillips Richard and Phillips Charlyne

Purchase Details

Closed on
Jun 22, 1999
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
Colavecchio Laura $475,000 None Available
Stanton Debra $240,000 Joel Peller
View Sharon $161,000 --
Phillips Thomas -- --
Phillips Richard $80,000 Janet H Bliss
-- $14,638 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanton Debra M $232,000
Previous Owner Stanton Debra $235,653
Previous Owner View Sharon K $2,928
Previous Owner View Sharon $128,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $240,000 -- --
08/12/2023 08/12/23 Off Market $475,000 -- --
07/31/2023 07/31/23 Sold $475,000 0.0% $267 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $475,000 +97.9% $267 / Sq Ft
07/25/2017 07/25/17 Sold $240,000 -3.8% $114 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $249,500 -- $119 / 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 $4,670 $475,000 $101,000 $374,000
2023 $4,169 $408,600 $97,000 $311,600
2022 $3,260 $287,500 $82,400 $205,100
2021 $3,258 $256,700 $77,400 $179,300
2020 $4,033 $244,600 $59,400 $185,200
2019 $3,933 $240,000 $59,400 $180,600
2018 $3,655 $240,000 $59,400 $180,600
2017 $2,992 $235,000 $75,000 $160,000
2016 $2,269 $178,900 $57,400 $121,500
2015 -- $178,900 $57,400 $121,500
2014 -- $178,900 $57,400 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 177930

APN: 154089-042-065-0003-006-000-0000